The Source for Cyber Insurance News, Insights and Data
Picture your insurer reaching out before a breach happens, not just after. That’s the approach AXA XL is taking. The global specialty insurer has launched a new Prevention Business Unit, its fifth major division. The idea is straightforward: the best claim is the one that never occurs. Libby Benet, AXA XL’s Global Chief Underwriting Officer, … Read more
Adapt To Overcome – This threat is alive. It will mutate and exploit. It is motivated by both chaos and profit. Experts can assess the risks of fire and water using decades of knowledge. You could say they don’t evolve. Cyber attackers do. That makes cyber risk assessment a greater challenge. That’s why cyber insurance … Read more
To Err is Human, To Forgive is Fine, To Prevent is Divine Human error remains a dominant driver of cybersecurity incidents. Organizations worldwide continue to look for ways to reduce this persistent risk. The latest effort comes from AXA XL and KnowBe4, who have announced a global partnership to help clients build stronger human defenses … Read more
In cybersecurity, where TLAs (three-letter acronyms) and technical lingo dominate, clear communication often becomes a casualty. AXA XL’s latest initiative aims to address that confusion—because, as Mark Twain once said, “The difference between the almost right word and the right word is really a large matter—it’s the difference between the lightning bug and the lightning.” … Read more
Demand Grows for Cyber Coverage AXA XL is expanding its cyber insurance offerings to small and midsize businesses (SMBs). This move is designed to meet the growing demand for cyber coverage among SMBs and address the increasing threat of cyberattacks. This move follows alarming findings in Verizon’s 2025 Data Breach Investigations Report, which revealed that … Read more