A next generation cyber solution for EMEA businesses
In today’s fast evolving digital landscape, cyber threats are increasing in both frequency and sophistication. From ransomware attacks to supply chain disruption and regulatory exposure, businesses face growing operational and financial risks.
Willis' CyMax Facility is a Primary and Excess Cyber Facility, designed specifically for SMEs and mid market companies across EMEA (with turnover up to €/CHF500m) providing a streamlined insurance experience with comprehensive protection, and specialist cyber support.
Contact
Why the CyMax Facility stands apart?
- Comprehensive protection: Willis' CyMax facility provides cyber coverage with enhanced policy wording to reflect your company’s cyber risk exposure. From data breaches and ransomware to increasingly critical supply chain risks, this comprehensive coverage can help protect your organization against key cyber related operational and financial exposures. Powered by WTW’s EMEA CyCore Primary and Excess wordings, developed with key European cyber regulatory themes in mind, including GDPR, NIS2 and DORA.
- Simplified insurance experience: Benefit from a fast and streamlined process with a one page application and only six to eight underwriting questions —cutting through complexity allowing you to focus on what truly matters—your business’s growth and continuity.
- Broader and more inclusive eligibility: The CyMax facility is designed for companies with established security controls, while also providing access to coverage for businesses with appropriate baseline security controls in place.
- Strategic client benefits: In addition to the coverage provided, choosing Willis' CyMax Facility means tapping into our EMEA expertise and resources and insurers pre and post-breach services (such as pre-ransomware alerts, threat intelligence reports, onboarding calls and crisis exercise).
Related content
Key features of the cover
- Crisis management and incident response: Immediate external expert intervention, such as IT forensics and specialist legal support. The facility includes a 96-hour emergency costs period and coverage for legally required notification costs, including notifications to regulators and affected individuals. A broad list of triggers is also included such as human error, system failure and cyber extortion.
- Comprehensive financial protection: Coverage extends beyond immediate cyber events to include business interruption (including supply chain losses), protection for loss of profit and increased cost of working.
- Advanced threat defense: Protection against evolving cyber threats, including social engineering, telephone hacking, botnet, cryptojacking and invoice manipulation safeguarding your financial and reputational integrity.
The above cover is subject to individual circumstances and insurer underwriting and acceptance, and applicable terms, conditions, limits and exclusions For further information on coverage, limits and availability, please contact your local cyber specialist.
Why choose Willis' CyMax Facility?
- Clarity – clear specialist cyber wording
- Speed – streamlined quotation and binding process
- Protection – comprehensive, forward looking cyber cover
- Expertise – access to WTW’s European cyber capabilities
For further information on the CyMax Facility please contact your local cyber champion.
Frequently asked questions
The CyMax Facility is a primary and excess cyber facility designed to provide clear and relevant cover for eligible protection that businesses can easily understand and apply. Clients with appropriate baseline partial security controls in place are also eligible to the facility.
The Willis CyMax Facility offers a streamlined quotation process and coverage terms aimed to be delivered quickly, helping to keep your business secure without delay.
Our chosen insurers offer pre and post-breach services to clients who provide actionable insights and proactive support to help strengthen your business defences.
Clients may benefit from competitive pricing, comprehensive coverage, and access to WTW's extensive experience and EMEA cyber capabilities.
Our facility is designed to cater to businesses with turnovers up to €/CHF500 million, providing tailored protection based on each business's specific risk profile. However, the facility is not suitable for: Public entities (including hospitals and universities), airlines, critical infrastructure (including water, energy, oil and gas, and Telco), social-media, dating, adult entertainment, logistic and crypto exchange.
Willis offers tailored solutions for larger businesses, and we invite you to discuss cyber insurance options that meet your specific needs.
The Willis CyMax Facility will serve the following countries: Belgium, Denmark, Norway, Finland, Sweden, France, Germany, Greece, Italy, Spain, Portugal, Ireland, Poland, Luxemburg, Netherlands and Switzerland.
The availability, operation and permitted scope of the Willis CyMax Facility may vary by country and may not fully reflect the position under applicable local laws, regulations or market requirements in each jurisdiction.