AonPlc's global risk management business, Aon Risk Solutions, agreedto acquire Stroz Friedberg Inc., a New York-basedglobal risk management firm.
Aon and Stroz Friedberg will join forces to create a cyber riskmanagement advisory group.
More than 550 employees from Stroz Friedberg will join Aon'scyber solutions group. Stroz Friedberg CEO Michael Patsalos-Fox will become CEOand co-chair of Aon's cyber solutions group. Aon's executive vice president ofenterprise innovation and chief information officer, John Bruno, will alsoco-chair the new group.
Financial terms of the deal, which is subject to customaryclosing conditions, were not disclosed.