AXIS Capital Holdings, a player in the global insurance and reinsurance industry, is listed on the New York Stock Exchange under the ticker symbol AXS.
The company is known for its comprehensive suite of insurance products tailored to meet the diverse needs of its clients worldwide.
The newly launched AXIS Cyber Incident Commander is designed specifically to address the urgent needs of U.S.-based direct primary cyber insurance policyholders when they face a cyber incident. This initiative stems from the need for quicker resolution and streamlined support during cyber crises, which are becoming increasingly frequent and complex.
AXIS Capital operates primarily in the global insurance and reinsurance sectors, offering a wide range of risk mitigation products. The company has established a solid reputation for delivering reliable and innovative insurance solutions, designed to protect businesses and individuals against a plethora of risks and uncertainties in today’s volatile world.
The AXIS Cyber Incident Commander serves as a critical response service, providing affected policyholders with immediate access to a single point of contact. This contact connects them to a network of experienced cyber experts who offer rapid triage, legal counsel, digital forensics, incident response, and crisis and reputational management. These services are available 24/7, ensuring support from the moment of a cyber incident until the resolution and claims process.
Incident Commander is not just a response tool; it’s a part of the broader AXIS Cyber Risk Advisory initiative. The service uses trusted, AXIS-approved third-party vendors, who collaborate closely with the AXIS teams to expedite recovery and manage subsequent claims effectively.
This service is indicative of AXIS’s commitment to enhancing cyber resilience among businesses. By launching Incident Commander, AXIS aims to fortify its standing as a leader in the cyber insurance space, providing end-to-end solutions that help clients manage and recover from cyber incidents more efficiently.
“By providing streamlined, rapid access to the services customers need in a cyber incident, AXIS Cyber Incident Commander aims to help get businesses back up and running more quickly, minimize the impact of the incident, and reduce the stress in what can be a complex and unnerving process,” said David Shluger, head of Cyber Risk Advisory at AXIS.
Lori Bailey, head of Global Cyber & Technology at AXIS, added, “Elevating understanding of cyber threats and how to strengthen defenses against them is at the heart of what we do within AXIS Cyber Risk Advisory. The launch of Incident Commander, and the appointment of Nick to our team, enables us to expand the risk advisory solutions we provide to help businesses prepare, protect, and respond to cyber risks amid an evolving cyber risk landscape.”
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