Struggle no more. Axio empowers malicious cyber physical damage balance sheet exposure quantification. The Axio solution enables quantification of cyber physical damage risks just like traditional property risk engineering. Using Axio's proprietary risk scenario capability aligned to your industry, you can now understand financially quantified balance sheet exposure and asset portfolios exposure.
Cyber physical damage insurance presents a difficult challenge, until now
- Cyber physical attacks are doubling annually resulting in tangible consequences to physical assets
- Enterprises carry liability and property insurance yet are still not covered
- Insurers have difficulty in accurately quantifying and underwriting incremental cyber physical damage exposure
- Brokers challenged with accurately representing their client's risk
Until now it has been impossible to quantify balance sheet and portfolio exposure.
Enterprises, Brokers, and Insurers Need a Common Language for Evaluating Cyber Physical Damage Risk
Now you have a solution for quantifying cyber physical damage in financial terms, helping enterprises strike the right balance of risk capital deployment across technical spend, risk retention/captive capital treatment and risk transfer.
It’s called Axio for Cyber Physical Damage Insurance.
For Enterprises
Understand your cyber physical damage coverage gap and balance sheet exposure; balance retention and insurance provision with risk appetite and tolerance
For Insurers
Accurately assess risk quality and loss expectancy to achieve sustainable pricing, retentions, and improved management of portfolio risk
For Brokers
More accurately represent your client’s risk profile other classes, secure sustainable capacity, close balance sheet gaps and grow broking revenue
Make Cyber Physical Damage Insurance Relevant, Viable and Sustainable
Axio allows physical damage insurance coverage that was previously difficult to underwrite and obtain to be written by insurers, facilitated by brokers, and secured by enterprises, aligned to risk quality and risk appetites.
Leverage Existing Data
Axio integrates existing property schedule of values, property engineering risk reports, cyber IT/OT ISMS assessments and cyber IT/OT insurance questionnaires, eliminating the need for additional or repeated enterprise input
Clear, Thorough Reporting
Axio delivers comprehensive, easy-to-understand reports that offer a tangible view of cyber physical damage risk; loss exceedance charts demonstrate aggregated risk in financial terms (i.e., $/€/£), while impact charts illustrate potential risk mitigation effects
Tailored Risk Scenarios
Axio offers detailed, scenario-based insights tailored to each client’s cyber physical damage risk profile, based on NAICS codes and other inputs; impact estimates are transparent; formulas for cyber physical damage and other impact classes can be edited at any point
Comprehensive, scenario-based risk quantification
Use a rich library of proven cyber physical damage scenarios to deliver precise loss projections. These insights help brokers and insurers propose optimized coverage, enabling enterprises to secure a tailored portfolio of insurance and alternative risk transfer (ART) solutions tailored to the exposure of their assets and balance sheet.
Complete the form at the right to book your demo with an Axio cybersecurity expert and:
- Hear how companies like yours are evaluating cyber physical damage risk
- Get a personalized walkthrough of Axio for Cyber Insurance
- Receive additional resources specific to your needs
Drive your cyber physical damage insurance strategies forward with Axio.
