PartnershipJul 1, 2026, 04:01 AM
WTW Expands CyMax Cyber Facility with New Insurer Partnerships
AI Summary
Willis Towers Watson (WTW) announced the expansion of its CyMax Facility, a cyber insurance offering for SMEs and middle market companies in EMEA. The expanded facility now partners with AXA XL, Beazley, HDI Global, and Markel, moving from a single-insurer to a panel-based model. This enhancement provides broader access, higher limits, and faster execution, along with a simplified application process and proprietary wordings aligned with key regulations, aiming to streamline cyber protection for clients.
Key Highlights
- WTW expanded its CyMax Facility for primary and excess cyber insurance in EMEA.
- New partnerships formed with AXA XL, Beazley, HDI Global, and Markel.
- Facility targets SMEs and middle market companies across EMEA.
- Expanded from a single-insurer to a panel-based capacity model.
- Eligibility now includes companies with turnover up to €/CHF500m.
- Features a simplified one-page application process and pre-agreed pricing grids.
- Offers WTW's proprietary wordings aligned with GDPR, NIS2, and DORA.
- Provides access to specialist cyber support and pre- and post-breach services.
Price Impact
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