Willis, a WTW business, expands its CyMax Facility, a primary and excess cyber facility for SMEs and middle-market companies across EMEA, in partnership with insurers AXA XL, Beazley, HDI Global and Markel.
Building on its previous Continental Europe facility, the renewed offering provides broader access, higher limits and faster execution for eligible companies. It covers exposures ranging from data breaches and ransomware to supply chain risks, and supports clients through crisis management and incident response, with access to external expertise when a cyber event occurs. It also provides financial protection for business interruption and supply chain losses, alongside cover for social engineering, telephone hacking and invoice manipulation.
The facility moves from a single-insurer model to panel-based capacity, supporting broader insurer participation. It uses a one-page cyber application form and a short eligibility questionnaire of six to eight underwriting questions, and pre-agreed pricing grids to reduce back-and-forth with insurers. Eligibility covers companies with turnover up to 500 million euros or Swiss francs that have established security controls, with access also available for businesses with partially implemented controls.
Clients benefit from WTW's EMEA CyCore Primary and Excess wordings, aligned with GDPR, NIS2 and DORA, with coverages including cyber incident response, notification costs, emergency costs, business interruption and contingent business interruption, regulatory action, social engineering, cyber theft, invoice manipulation and reputation harm. They can also access insurer pre- and post-breach services, including pre-ransomware alerts, threat intelligence reports, onboarding calls and crisis exercises.
Brian Vosloh, head of cyber EMEA at Willis, says: "As cyber risks continue to grow in complexity, SMEs and middle market companies need cyber insurance solutions that are easier to access, quicker to place and better aligned to their evolving exposures."
Vosloh adds: "By renewing and expanding Willis' CyMax Facility, we are giving clients broader access to capacity, higher limits, innovative proprietary coverages and a faster, simpler route to cyber insurance. The use of pre-agreed pricing grids, a streamlined application process and a single vulnerability-scan subjectivity helps reduce friction for brokers and clients, while access to pre- and post-breach services offered by insurers supports stronger cyber resilience."
