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AXA Launches 'Cyber Unity' to Strengthen SMEs' Cyber Resilience

AXA's new 'Cyber Unity' insurance empowers SMEs to face cyber threats head-on. With access to an incident management platform and comprehensive coverage, SMEs can now operate securely in the digital landscape.

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AXA Launches 'Cyber Unity' to Strengthen SMEs' Cyber Resilience

AXA, a leading European insurance group, has launched 'Cyber Unity', a new insurance solution tailored for small and medium-sized enterprises (SMEs) in Europe and Israel. This offering aims to strengthen SMEs' cyber resilience and address the frequent challenges they face in obtaining adequate car insurance quotes and auto insurance.

Cyber Unity provides SMEs with access to an incident management platform, ensuring business operations can continue even during cyber attacks. The insurance covers companies with an annual turnover of up to 500 million euros, offering capacity of up to five million euros in certain countries.

The new insurance is supported by a panel of six leading international cyber insurers, each with an A-rating. It offers extensive coverage extensions and reliable services for managing cyber attacks, including a predefined claims handling process and comprehensive risk management services. Cyber Unity's optimized placement process is based on Marsh's developed car insurance conditions, ensuring more comprehensive risk coverage.

A recent report by Marsh highlights the urgent need for innovative solutions like Cyber Unity to close cyber insurance and protection gaps faced by SMEs. Cyber Unity is a facility solution launched by Marsh McLennan's Marsh, specifically addressing and strengthening the cyber resilience of these enterprises.

AXA's 'Cyber Unity' offers SMEs in Europe and Israel robust cyber insurance coverage, incident management, and risk management services. Supported by a panel of top-rated cyber insurers, it aims to fill the gaps in cyber protection and car insurance faced by SMEs, providing them with the peace of mind to operate securely in the digital landscape.

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