Reinsurance News

Slice Labs & AXA XL extend cyber cover to Lenovo users

28th April 2020 - Author: Matt Sheehan

Slice Labs has announced that its cloud-based cyber insurance for small to midsize businesses (SMB), provided by one of the affiliated insurance companies of AXA XL, will now be offered Lenovo SMB customers.

cyber-securityAccessible through the Security Advisor suite of the Lenovo Vantage platform, users will be able to access information on cyber insurance for a range of attacks, as well as resources to help businesses recover from a cyber attack.

The Slice and AXA XL cyber product uses artificial intelligence (AI) and analytics to inform customers of potential attacks through cyber risk management education.

“Establishing a relationship with a global technology leader illustrates that SMBs can access on-demand cyber insurance in an even more practicable manner,” said John Coletti, Chief Underwriting Officer of AXA XL’s cyber insurance team.

“Small businesses owe it to themselves, customers, and partners to spend a few minutes to get an on-demand cyber insurance policy in place,” he continued.

“The consequences of not doing so are way more detrimental than losing a short period of the day to purchase this product compared to the potential of having to close a business after an attack.”

Tim Attia, CEO and Co-founder of Slice Labs, also commented: “With cyber crime on the rise in the current environment, the enormity of protecting businesses requires a multi-pronged approach to cyber risk management comprising education, technology, and insurance.”

“Lenovo’s robust SMB ecosystem will now benefit from a seamless addition to strengthening cyber health. We applaud their continued efforts to increase the awareness of cyber insurance to SMBs which are traditionally unaware of a potential life-saver.”

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