AXIS ACTM (Cyber & Technology MPL)
AXIS ACTM (Cyber & Technology MPL) is a cyber insurance product underwritten by AXIS Specialty Singapore Pte. Ltd. (AXIS Capital Holdings Ltd. (Bermuda)), available in Singapore. It is aimed at large enterprises and multinational groups. Coverage limits reach up to Up to $25M. The policy extends beyond standard cyber liability with Cyber crime / FTF, Primary & excess and Tech E&O combined. Policyholders get 9 bundled proactive services — Vulnerability scanning, Penetration testing, Training & awareness and Threat intelligence, among others — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A+ (Superior) – AM Best. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- AXIS Safe Room – secure online incident preparation platform.
- Broad first- and third-party coverage.
- BI from own network or third-party/cloud provider.
- Ransomware, cyber extortion, social engineering, cryptojacking.
- Privacy regulatory fines and defense.
- AI risk advisory team; proactive threat education programme.
- Cyber Marine specialty product available.
Limitations
- Technology sector; combined Cyber and Tech MPL policy.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is AXIS ACTM (Cyber & Technology MPL) designed for?
AXIS ACTM (Cyber & Technology MPL) by AXIS Specialty Singapore Pte. Ltd. targets large enterprises and multinational groups in Singapore. Geographic scope: Asia Pacific..
+What proactive security services are included with AXIS ACTM (Cyber & Technology MPL)?
The policy bundles 9 proactive services: Vulnerability scanning, Penetration testing, Training & awareness, Threat intelligence, Risk assessment, Incident response, Risk platform / portal, Pre-breach advisory and Crisis management. These preventive services are typically included in the premium.
+Does AXIS ACTM (Cyber & Technology MPL) help with NIS2 or DORA compliance?
AXIS Specialty Singapore Pte. Ltd. indicates the following NIS2/DORA support for this product: Not applicable..
+How can I buy AXIS ACTM (Cyber & Technology MPL) in Singapore?
AXIS ACTM (Cyber & Technology MPL) is sold through insurance brokers — broker contact: https://www.axiscapital.com/emea/tools/broker-resource-center. Compare it with alternatives in Singapore on Ryskly before approaching a broker.