Zurich Holding Company of America acquires cyber counterintelligence firm SpearTip

21/08/2023 News

Zurich Holding Company of America, a subsidiary of Zurich Insurance Group, has acquired SpearTip, a cyber counterintelligence firm that helps protect clients against cyber threats through proactive and response services. This acquisition expands the cyber risk mitigation services available from Zurich Resilience Solutions, a global division of Zurich’s Commercial Insurance Business, to support customers’ growing needs for comprehensive cyber risk management support amidst a challenging risk landscape.

“Both Zurich Resilience Solutions and SpearTip share a commitment to helping businesses anticipate and prevent cyber threats while being ready to respond when an attack occurs,” said Tom Fioretti, Head of North America Zurich Resilience Solutions. “The acquisition of SpearTip represents a further step towards bringing powerful cybersecurity controls to our U.S. customers, helping strengthen their business operations.”

Zurich Resilience Solutions employs an in-house team of Cyber Risk Management specialists who provide objective assessments of businesses’ cybersecurity posture and unique threat environment, with consultative support to strengthen overall cyber resilience. SpearTip has been providing cyber risk mitigation services since 2005 and helps organizations identify their cyber risks and vulnerabilities by offering services within three main functional areas:

1 - Managed Detection and Response/Security Operations Center Service
2 - Incident Response including Digital Forensics
3 - Advisory Services

“For more than two years, we have worked closely with SpearTip and have seen firsthand their impressive cyber technical capabilities,” said David Shluger, VP of Cyber Risk Services for Zurich Resilience Solutions. “The combination of their technical capabilities with Zurich’s service excellence extends the capabilities of the Zurich Resilience Solutions’ Cyber Services Team to bring a full suite offering to our customers.”

Related news & insights

Open Finance
29/09/2023 Interview

NewTech Friday: Muinmos – Automatizing the whole onboarding chain

Remonda Kirketerp-Møller, Founder & CEO of Danish regtech firm Muinmos, presents the firm and its platform that delivers unmatched onboarding...

Open Finance
27/09/2023 Interview

Atlantic Money: Fixing international money transfers

Neeraj Baid, CEO and Co-Founder of Atlantic Money, tells us more about their mission to provide the most simple and...

26/09/2023 News

Leocare diversifies and launches "high-risk" insurance offering

Following the introduction of a motorcycle insurance product, Leocare has announced the launch of an all-new "High-Risk" offering aimed at...

25/09/2023 Interview

Mercedes-Benz's integration of ChatGPT: Revolutionizing in-car experience and exploring new avenues

Magnus Östberg, Chief Software Officer at Mercedes-Benz AG, delves into the role of ChatGPT and the exciting possibilities it brings...

25/09/2023 News

Authentic raises $5.5M for "Captive in a Box" insurance platform

Authentic's turnkey captive insurance platform allows any vertical SaaS, franchise group, associations, and other organizations to launch captive insurance programs.

22/09/2023 Interview

NewTech Friday: Verra Mobility – Making transportation safer and easier

US company Verra Mobility is a global leader in smart transportation. Its CFO Craig Conti presents the company and tells...

19/09/2023 News

Direct Line Group introduces car management app Caha!

Caha!, the ultimate car management app by British insurer Direct Line Group, is now available on Android and iOS.

18/09/2023 News

Almost three in five motorists likely to use recycled car parts

Nearly three fifths of motorists would be likely to use a recycled car part (58%) if their vehicle required a...