AXA XL, which currently holds approximately 49% of S-RM, has announced that it has entered into an agreement to acquire the remaining shares of the company. S-RM is a specialist corporate intelligence and cyber security consultancy.
Founded in 2005 and supporting clients in 140 countries, S-RM helps global businesses and investors navigate complex risks through intelligence, cyber security, and crisis response services. Its expertise includes cyber risk assessment, managed detection and incident response, specialist investigations, geopolitical intelligence, and integrity and reputational due diligence.
AXA XL CEO Scott Gunter said, “The acquisition of S-RM marks an important step in the buildout of AXA XL Risk Advisory and in our continued efforts to go beyond traditional insurance coverage. Clients are looking for data-driven insights and expert guidance to help them anticipate emerging threats, mitigate risk, and respond quickly when events occur. S-RM’s specialist expertise will help us accelerate that support.”
AXA XL Risk Advisory CEO Libby Benet added, “S-RM brings highly complementary expertise that will strengthen our advisory capabilities and broaden our offering. By bringing together our risk consulting teams, S-RM’s geopolitical intelligence and crisis response expertise, and the technology-enabled solutions of the AXA Digital Commercial Platform, we will be able to help clients build deeper resilience across a wider spectrum of risks.”