UK – AXA XL To Acquire S-RM, A Global Corporate Intelligence And Cyber Security Consultancy.

AXA XL, which currently holds approximately 49% of S-RM, today announced that it has entered into an agreement to acquire the remaining shares of the company. S-RM is expected to continue to deliver services to its global client base as part of AXA XL Risk Advisory, AXA XL’s newly created business unit dedicated to prevention. Scott Gunter, CEO of AXA XL, commented:“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. Libby Benet, CEO of AXA XL Risk Advisory, added:“S-RM brings highly complementary expertise that will strengthen our advisory capabilities and broaden our offering. About AXA XL InsuranceAXA XL Insurance offers property, casualty, professional, financial lines and specialty insurance solutions to mid-sized companies through to large multinationals globally.