New product designed to meet the needs of portfolio companies
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Alliant Insurance Services announced today the launch of a new cybersecurity risk mitigation and transfer solution offering, PortCo Protect. Created in partnership with ACA Aponix, PortCo Protect is tailored to the needs of private equity managers and their portfolio companies.
“Uniting ACA’s proprietary assessment risk index with our risk modeling and analytics services was a win-win,” said Sandy Crystal, Executive Vice President, Alliant Specialty. “Now, more than ever, it is imperative that firms are aware of their exposures and have the right protections in place; PortCo Protect provides that.”
As a unified force, PortCo Protect brings a variety of perspectives and comprehensive experience in risk management and insurance underwriting to meet the unique cybersecurity needs faced by the financial services industry.
“We are very excited to partner with Alliant and bring our collective expertise to our clients. Today, it is not a matter of if, but when a company will find themselves a victim of a cybersecurity breach,” said Chad Neale, Partner, ACA Aponix. “PortCo Protect has been designed to take advantage of our firms’ synergies to elevate the cybersecurity defenses for our clients, and through those efforts, provide them access to more comprehensive cybersecurity insurance coverage.”
PortCo Protect provides private equity firms with a compressive solution addressing all aspects of cybersecurity risk management. The program provides cybersecurity maturity assessment and risk scoring, access to top cybersecurity insurers, a simplified underwriting process, portfolio group pricing, and potential premium credit towards assessment.
About Alliant Insurance Services
Headquartered in Newport Beach, CA, Alliant Insurance Services, Inc. provides property and casualty, workers’ compensation, employee benefits, underwriting, surety, and financial products and services to clients nationwide, including agriculture, aviation, construction, energy and marine, environmental, financial institutions, healthcare, law firms, public entities, real estate, and tribal nations. More information is available on the company’s website at www.alliant.com.
About ACA Aponix
ACA Aponix, a division of ACA Compliance Group, provides cybersecurity and technology risk assessments, vendor and M&A diligence services, network testing, and advisory services. ACA Aponix’s team of highly experienced technologists combines expertise across the breadth of cybersecurity and information technology. ACA Aponix’s award-winning Technology Risk Assessment is designed to address the latest requirements from regulators and boards. ACA Aponix offer a suite of consulting and advisory services designed to help firms uncover risks and identify deficiencies in their cybersecurity policies, procedures, and controls. More information is available on the company’s website www.acacompliancegroup.com.
DIVISIONAL MEDIA INQUIRIES
Marketing Manager, Specialty Group
ALLIANT CORPORATE INQUIRIES
Vice President, Marketing and Corporate Communications