(Bloomberg) — American International Group Inc., the largest commercial insurer in the U.S. and Canada, acquired a minority stake in an investigative consulting firm as it seeks to offer clients protection from cyber attacks.
Closely held K2 Intelligence will help develop products to prevent cybercrime, New York-based AIG said Wednesday in a statement. Terms weren't disclosed.
"Supporting our clients against cyber-attacks means providing much more than insurance to transfer the risk," John Doyle, chief executive officer of AIG's commercial-insurance unit, said in the statement.
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