Axa XL to offer cyber coverage to Microsoft customers

Axa XL, a unit of Axa SA, said Wednesday it is embarking on a cyber insurance collaboration with Slice Labs Inc., a New York-based on-demand insurance cloud platform provider, and Microsoft Corp.

Qualifying customers of Microsoft 365 Business, Office 365 Business Premium and Office 365 Business will have discounted access to Slice on-demand, cloud-based cyber insurance provided by Axa XL, the insurer said in a statement.

The discount will be offered to customers who represent a lower insurance risk based on a security posture assessment that will be provided by Microsoft, according to the statement.