AXA FRANCE LAUNCHES THE FIRST CYBER RISK INSURANCE QUOTATION TOOLS WITH STARK GROUP INNOVATION LAB

Stark Group is proud to have designed, developed and deployed the first online quotation platform for SME and Cyber risk insurances for the French Insurance Giant AXA.
​
https://cyber-secure.axa.fr/

Protecting companies from cyber threats is the new challenge insurance companies are trying to deal with. Developing appropriate insurance products remains difficult and there are still a lot of uncertainties in this field. 

Yet obtaining insurance for company's asset in case of cyber attacks is now possible with AXA France. It worked with Insurance Republic , the innovation arm of Stark Group, cyber secure, the first cyber insurance quick quote.

Insurance Republic has demonstrated its capacity to respond to a urgent need in designing a difficult product.

• With 3 questions, 1 API, a quick assessment, the AXA France solutions can provide a price and a specific cover that is adapted to the size, the revenue, the activity and the architecture of the prospect.
• The platform is designed for the traditional distribution channel of AXA France: Brokers and Agencies.

The growth opportunities for digital and cyber security insurance is expanding fast and furious!
​The needs to cover data bridge, access, content, flow is getting more and more important. The process of underwriting such risk remains complicated yet AXA France and Insurance Republic succeeded in simplifying the journey. 
The next step will be to internationalise the product and make it accessible for other AXA entities in Europe. 
Bright future ahead for the disruptive start up, thanks to insurance giant that trusts its capacity to innovate in the field.