AXIS Launches Cyber Center Of Excellence

April 17, 2018 | 0 Comments

Addressing the more than $445 billion cost that companies incur each year due to the threat of cybercrime and cyberattacks, AXIS Capital Holdings Limited announced the launch of the AXIS Cyber Center of Excellence.

It will provide a broad range of commercial insurance protection and mitigation solutions for tangible and intangible assets, relating to global cyber threats and attacks. The AXIS Cyber Center of Excellence is being led by Dan Trueman, Global Head of Cyber at AXIS.

“The AXIS Cyber Center of Excellence is the specialty insurance industry’s premier global resource for mentorship, education, consulting services and solutions to help improve brokers’ and insureds’ understanding of the cyber risk environment so they can effectively manage the totality of their cyber risks,” said Mr. Trueman.

“Housing our global cyber products and solutions, the AXIS Cyber Center of Excellence will leverage the AXIS Cyber team’s underwriting expertise to help clients more effectively manage the dynamic environment of their cyber risks.”

Matthew Fosh, Executive Chairman, Europe, for AXIS, will serve as Chairman of the AXIS Cyber Center of Excellence. In this role, Mr. Fosh will provide advisory support to AXIS’ Global Cyber team.

Mr. Fosh said, “Through the AXIS Cyber Center of Excellence, we are taking a holistic approach to helping our clients and partners solve their existing and emerging cyber risks.

“Mitigating any risk begins with education, and that is the basis from which we have built the AXIS Cyber Center of Excellence – a resource to brokers and insureds to improve their understanding of the cyber risk environment and arm them with solutions for mitigating those risks.”

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