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Lockton and Axio Launch Strategic Cyber Risk Partnership to Enhance Analytics

Posted on April 11, 2025April 11, 2025 By Martin Hinton
Strategic Partnership Targets Financial Clarity in Cyber Risk

Insurance broker Lockton has formed a strategic partnership with cybersecurity risk analytics provider Axio. The collaboration aims to help organizations understand and communicate their cyber risks in financial terms using advanced data tools. The press release announcing the news touches on some modern-day realities in the cybersecurity insurance world. Summing it up, it is a time when corporate boards, regulators, and insurers are increasingly pressing for greater transparency and accountability in cyber preparedness. This partnership hopes to provide businesses with the data-driven insights to make informed investment decisions, security controls, and cyber insurance coverage.

Lockton logo featuring a stylized globe design above bold, uppercase "LOCKTON" text. Used in article about Lockton Axio cyber risk analytics partnership.
Growing Threats Demand Deeper Cyber Risk Insights

Cyber threats continue to grow in both frequency and complexity. This partnership allows Lockton clients to move beyond basic risk assessments. Axio’s platform helps quantify potential financial impacts from cyber incidents.

Partnership Expands Risk Management Tools

Michelle Faylo, U.S. Cyber & Technology Leader at Lockton, said, “This partnership enables us to leverage Axio’s advanced tools and expertise. It equips our clients with innovative risk quantification solutions, so they can confidently navigate an increasingly complex cyber threat landscape.”

Multi-Layered Risk Model Delivers Customized Intelligence

Axio’s model analyzes business disruption, industry-specific impacts, and a client’s unique technical setup. The multi-layered approach delivers actionable insights tailored to each business.

Partnership Sets New Cyber Resilience Standard

Scott Kannry, CEO of Axio, added, “Together, we are setting a new standard in cyber resilience. Our partnership with Lockton unites our expertise to ensure businesses receive the most comprehensive support when managing cyber risks.”

Real-Time Integration Between Axio360 and Scout Platform

Lockton and Axio are also integrating their analytics platforms. Axio360 will connect with Lockton’s Scout platform through APIs. This real-time integration will give Lockton’s cyber brokers deeper insight and improved data-driven capabilities.

Partnership Supports Risk Transparency and Faster Decision-Making

Clients will benefit from faster access to critical information. The tools will help inform decisions on cybersecurity investments and insurance policies. The partnership supports growing demands for transparency and accountability in cyber risk management.

Other News: Axio Unveils Tool to Streamline Cyber Risk Quantification(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Cybersecurity Tags:Axio, cyber insurance, Cyber Resilience, Cyber Risk, cyber threat analysis, cybersecurity partnership, Lockton, risk quantification

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In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

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00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

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6:26 - William Altman on AI and threat actors
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14:20 - The future of AI in cybercrime

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Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
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