Zurich Holding Company of America, a subsidiary of Zurich Insurance Group, announced the acquisition of SpearTip, a cyber counterintelligence firm that helps protect clients against cyber threats through proactive and response services.

This acquisition expands the risk mitigation services of Zurich Resilience Solutions’ Cyber Team, a global division of Zurich’s Commercial Insurance Business, to support policyholders’ growing needs for comprehensive cyber risk management support.

“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 risks, offering 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:

• Managed Detection and Response/Security Operations Center Service
• Incident Response including Digital Forensics
• Advisory Services