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Classified in: Science and technology, Business
Subject: LIC

CRISIL, Maxxsure forge strategic partnership to redefine technology risk management


NEW YORK and MUMBAI, India, April 30, 2024 /PRNewswire/ -- CRISIL, an S&P Global company and a global leader in non-financial risk management, has entered a transformative partnership with Maxxsure, the premier expert in cyber risk management and cyber insurance analytics.

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The collaboration marks a significant leap forward in technology risk management solutions, offering enterprises unparalleled advisory support and cutting-edge cyber risk insights.

Says Arul Yagappan, Head of Non-Financial Risk Solutions, CRISIL Global Research & Risk Solutions, "As the technology risk landscape continues to evolve, organisations are facing unprecedented challenges in safeguarding their digital assets. Through our partnership with Maxxsure, we are poised to deliver innovative solutions that combine CRISIL's deep industry expertise with Maxxsure's cutting-edge technology. Together, we will empower clients to proactively manage cyber risks and enhance resilience in an increasingly digital world."

This partnership introduces a new paradigm of strategic guidance and actionable insights. Clients can now access:

Says Shawn Wiora, Chief Executive Officer, Maxxsure, "At Maxxsure, we are committed to revolutionising cyber risk management through actionable cyber analytics and quantification. This global collaboration with CRISIL represents a significant milestone in our mission to empower organisations with cyber risk and cyber insurance insights along with expert guidance. By combining CRISIL's advisory prowess with Maxxsure's cyber risk expertise, we are confident of delivering unparalleled value to clients and driving positive outcomes in the complexities of technology risk management."

The combination of CRISIL's deep industry knowledge and advisory prowess in non-financial risk solutions with Maxxsure's state-of-the-art cyber risk quantification technology will help deliver unparalleled value to clients.

With sharp focus on cyber risk quantification, the solutions will enable organisations to:

These collaborative solutions are tailored to meet the diverse needs of organisations across industries.

Sectors such as finance, healthcare and manufacturing can benefit from such advisory expertise and technological tools needed to navigate the complexities of modern risk landscapes.

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This press release is transmitted to you for the sole purpose of dissemination through your newspaper/ magazine/ agency. The press release may be used by you in full or in part without changing the meaning or context thereof but with due credit to CRISIL. However, CRISIL alone has the sole right of distribution of its press releases for consideration or otherwise through any media including websites, portals, etc.

CRISIL has taken due care and caution in preparing this press release. Information has been obtained by CRISIL from sources which it considers reliable. However, CRISIL does not guarantee the accuracy, adequacy or completeness of information on which this press release is based and is not responsible for any errors or omissions or for the results obtained from the use of this press release. CRISIL, especially states that it has no financial liability whatsoever to the subscribers/ users/ transmitters/ distributors of this press release.

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SOURCE CRISIL Limited


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