AXA XL to acquire S-RM

AXA XL has agreed to acquire the remaining shares of S-RM, a corporate intelligence and cyber security consultancy in which it already owns approximately 49%. The transaction is expected to close by the end of September 2026, subject to customary regulatory approvals.

Founded in 2005, London-based S-RM provides corporate intelligence, cyber security, crisis response, geopolitical intelligence, and due diligence services to clients in more than 140 countries.

The acquisition supports AXA XL’s strategy of expanding its prevention capabilities through its newly created AXA XL Risk Advisory business unit. S-RM will continue serving its global client base while contributing its cyber, intelligence, and crisis response expertise alongside AXA XL’s risk consulting teams and digital risk solutions.

S-RM has worked with AXA XL for more than 15 years as both a client and an investee.

Financial terms of the transaction were not disclosed.