Lockton partners with Axio

Lockton announced the launch of a strategic partnership with Axio, a provider of cyber risk quantification solutions.

By integrating Axio’s platform, Lockton will help clients move beyond surface-level risk assessments to more deeply understand the potential financial impacts of a cyber event. As part of this partnership, Lockton and Axio are working to integrate APIs between the Axio360 platform and Lockton’s Scout analytics platform. The integration will empower Lockton’s cyber brokers with detailed and real-time analysis.

Founded in 2013, Axio raised $30 million from several investors including NFP Ventures and Lloyd’s.

“We are thrilled to partner with Axio to enhance our cyber risk management offerings. This partnership enables us to leverage Axio’s advanced tools and expertise, equipping our clients with the most innovative risk quantification solutions, so they can confidently navigate an increasingly complex cyber threat landscape.” – Michelle Faylo, U.S. Cyber & Technology Leader at Lockton.

“Together, we are setting a new standard in cyber resilience and helping businesses make informed decisions to protect their assets. Our partnership with Lockton unites our expertise to ensure businesses receive the most comprehensive support when their managing cyber risks.” – Scott Kannry, CEO of Axio.