AIG Invests in K2 Intelligence to Deepen Cyber, Other Risk Mitigation Capabilities

American International Group, Inc. (“AIG”) has acquired a minority stake in K2 Intelligence, an investigative consultancy. The companies have agreed to co-develop products and services that support AIG’s efforts to help clients mitigate and manage their cyber risk, and to explore opportunities in other key industry segments.

K2 Intelligence was founded in 2009 by Jeremy Kroll, K2 Intelligence’s chief executive officer, and Jules Kroll. Based in New York, K2 Intelligence has approximately 300 employees with operations in London, Madrid, and Tel Aviv. K2 Intelligence acts as advisor to governments, companies, boards, and individuals in connection with cyber investigations and defense, anti-money laundering and regulatory compliance, complex investigations and disputes, data analytics and visualization, and integrity monitoring and compliance. AIG said that this experience offers potential solutions for AIG clients as they manage risks associated with cybersecurity, construction projects, M&A transactions, global real estate transactions, liability exposures in higher education, and personal insurance needs.