CyberRiskConnect (US)
Proactive Cybersecurity Assessment Suite
CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite is a cyber insurance product underwritten by XL Insurance America, Inc. / XL Specialty Insurance Company / AXA XL Insurance Company Americas (USA) (AXA group (France)), available in USA. It is aimed at small and medium-sized businesses, mid-market companies, large enterprises and multinational groups. Coverage limits reach up to Bespoke.. The policy extends beyond standard cyber liability with Cyber crime / FTF and GenAI coverage. Policyholders get 2 bundled proactive services — Risk assessment and Incident response — 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
- US underwriting entities (confirmed from axaxl.com/insurance/products/cyber-insurance-international, Apr 2025):
- Admitted: XL Insurance America, Inc. / AXA XL Insurance Company Americas / Greenwich Insurance Company.
- E&S/surplus lines: Indian Harbor Insurance Company / XL Specialty Insurance Company / T.H.E. Insurance Company.
- Also via Lloyd's Syndicate #2003 (placed by Catlin Canada Inc.).
- Product: CyberRiskConnect — same policy form TRD 050 0619 (X.L. America, Inc.).
- Standard coverage: Technology Products & Services, Professional Services, Media, Privacy & Security, Data Breach Response (18-month), BI & Extra Expenses, Data Recovery, Cyber Extortion/Ransomware.
- Privacy Regulatory: defence costs AND fines/penalties (civil monetary fines from regulatory actions).
- Territory: worldwide except OFAC-barred countries.
- Endorsements available: PCI Fines, Cyber Crime (social engineering/FTF), System Failure, Dependent BI, Bricking, Voluntary Shutdown, Utility Fraud/Cryptojacking, Consequential Reputational Loss, Generative AI (2024).
- July 2025: Proactive Cybersecurity Assessment Suite for North America policyholders (Fenix24 partnership): Ransomware Backup & Resiliency, Network Architecture, Identity & Access assessments at discounted flat rate through 2025.
- April 2025: SME expansion — dedicated Americas hire for SME cyber.
- Nov 2025: New head of US cyber portfolio; strategic growth focus.
- Oct 2024: Generative AI endorsement launched.
- Vendor panel: Kennedys, CMS, Clyde & Co, DAC Beachcroft (legal); S-RM, Fenix24, Kroll, Consilio, Arete (IR/data recovery); Experian (notification); S-RM, CrowdStrike, Kroll, Arete (forensics); Baker Tilly, MDD (forensic accounting); FleishmanHillard (PR).
Limitations
- SME offering expanded (Apr 2025) but mid-market to large enterprise remains primary focus.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite designed for?
CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite by XL Insurance America, Inc. / XL Specialty Insurance Company / AXA XL Insurance Company Americas (USA) targets small and medium-sized businesses, mid-market companies, large enterprises and multinational groups in USA. Geographic scope: Global..
+What proactive security services are included with CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite?
The policy bundles 2 proactive services: Risk assessment and Incident response. These preventive services are typically included in the premium.
+Does CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite help with NIS2 or DORA compliance?
XL Insurance America, Inc. / XL Specialty Insurance Company / AXA XL Insurance Company Americas (USA) indicates the following NIS2/DORA support for this product: Not applicable..
+How can I buy CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite in USA?
CyberRiskConnect (US) / Proactive Cybersecurity Assessment Suite is sold through insurance brokers — broker contact: https://axaxl.com/. Compare it with alternatives in USA on Ryskly before approaching a broker.