Willis has expanded its CyXS facility to offer USD/GBP/EUR115m of capacity via Lloyd’s syndicates and up to USD/GBP/EUR40m outside of Lloyd’s.
The facility now includes the new CyXS Plus and CyXS Company offerings, each offering a further USD/GBP/EUR40m of capacity.
Peter Foster, global cyber chairman at Willis said: "CyXS has been a great success with our clients across the globe as it has, and continues to be, focused on serving their needs and increasing demand for innovation that truly [addresses] their needs."
Simon Delchar, global head of placement at Willis added: "At Willis we are committed to bringing high quality capacity as close to our clients as possible. CyXS Plus and CyXS Company bring the number of insurers supporting CyXS to 25, showing fantastic commitment from the London cyber market to deliver better outcomes for our clients around the globe."
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