Re/insurance broker Aon has announced the launch of a new digital insurance solution for small and middle market businesses.
This digital solution is designed for any business generating up to $100 million in annual revenue across sectors including retail, technology, professional services and manufacturing.
The offering builds on other insurance products that Aon has recently introduced to middle market businesses.
“As the world becomes increasingly interconnected online, cyber risks pose a growing threat to small and middle market businesses, which may have limited technology and security resources,” said Christian Hoffman, CEO, Cyber Solutions North America at Aon.
“With our online platform, we are making cyber insurance coverage incredibly accessible,” Hoffman continued.
“We can also help businesses of various sizes protect themselves against risks including data breach, ransomware, contractual liability, media liability, business interruption, social engineering, and more.”
Following the acquisition of insurtech start-up CoverWallet in January 2020, Aon is looking to further expand the solutions and services it provides to small and medium-sized businesses in the US.