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CRISIL, Maxxsure Forge Strategic Partnership

to Redefine Technology Risk Management

April 30, 2024 | New York / Mumbai
CRISIL, an S&P Global company and a global leader in non-financial risk management, has entered a transformative partnership with Maxxsure, the premier expert in cyber risk management and cyber insurance analytics.

The collaboration marks a significant leap forward in technology risk management solutions, offering enterprises unparalleled advisory support and cutting-edge cyber risk insights.

Says Arul Yagappan, Head of Non-Financial Risk Solutions, CRISIL Global Research & Risk Solutions, "As the technology risk landscape continues to evolve, organizations are facing unprecedented challenges in safeguarding their digital assets. Through our partnership with Maxxsure, we are poised to deliver innovative solutions that combine CRISIL's deep industry expertise with Maxxsure's cutting-edge technology. Together, we will empower clients to proactively manage cyber risks and enhance resilience in an increasingly digital world."

This partnership introduces a new paradigm of strategic guidance and actionable insights. Clients can now access:

  • Strategic advisory services: Tailored guidance and advisory support from seasoned risk management professionals
  • Holistic risk assessment: Comprehensive identification and mitigation of cyber and technology risks through advanced analytics based on entity-specific data and industry best practices
  • Proactive risk mitigation: Enhanced ability to anticipate and mitigate cyber threats before they materialize, ensuring business continuity and resilience

I am particularly grateful for the way in which Maxxsure has helped our executive team members understand the importance of proactive cyber risk management. Your team’s ability to translate complex cybersecurity concepts into business terms has been instrumental in gaining executive buy-in and ensuring that cyber security is a top priority for our company.
― Bob Hull, CFO, Panini America

The combination of CRISIL's deep industry knowledge and advisory prowess in non-financial risk solutions with Maxxsure's state-of-the-art cyber risk quantification technology will help deliver unparalleled value to clients.

With sharp focus on cyber risk quantification, the solutions will enable organisations to:

  • Understand cyber risk exposure: Quantify cyber risks and potential financial business impacts to prioritize investments in risk mitigation strategies and transfer of risk effectively
  • Enhance resilience: Proactively identify and address vulnerabilities to strengthen cybersecurity posture and cyber resilience
  • Get data-driven business solutions: Cyber risk metrics based on high fidelity and accuracy of entity-specific data providing actionable insights to customize cyber risk and cyber insurance profiles

For further information, please contact:

Business contacts
Arul Yagappan
CRISIL Limited
Media Relations
Aveek Datta
CRISIL Limited
Dan Ptak

About Global Research & Risk Solutions
CRISIL GR&RS is a leading provider of high-end research, risk and analytics services. We are the world's largest provider of equity and fixed-income research support to banks and buy-side firms. We are also the foremost provider of end-to-end risk and analytics services that include quantitative support, front and middle office support, and regulatory and business process change management support to trading, risk management, regulatory and CFO functions at world's leading financial institutions. We also provide extensive support to banks in financial crime and compliance analytics. We are leaders in research support, and risk and analytics support, providing it to more than 75 global banks, 50 buy-side firms covering hedge funds, private equity, and asset management firms. Our research support enables coverage of over 3,300 stocks and 3,400 corporates and financial institutions globally. We support more than 15 bank holding companies in their regulatory requirements and submissions. We operate from 8 research centers in Argentina, China, Colombia, India, and Poland, and across several time zones and languages.

About CRISIL Limited
CRISIL is a leading, agile and innovative global analytics company driven by its mission of making markets function better. 

It is India's foremost provider of ratings, data, research, analytics and solutions with a strong track record of growth, culture of innovation, and global footprint.

It has delivered independent opinions, actionable insights, and efficient solutions to over 100,000 customers through businesses that operate from India, the United States (US), the United Kingdom (UK), Argentina, Poland, China, Hong Kong, Singapore, Australia, Switzerland, Japan and the United Arab Emirates (UAE).

It is majority owned by S&P Global Inc, a leading provider of transparent and independent ratings, benchmarks, analytics and data to the capital and commodity markets worldwide.

About Maxxsure
Maxxsure is a leading global provider of cyber risk management and cyber insurance analytics solutions. With a commitment to customer cyber resilience, Maxxsure empowers organizations to navigate the complex landscape of cyber threats and secure their digital assets. The company's expertise extends across North America, Europe, and the Middle East, offering tailored solutions for businesses seeking comprehensive cyber risk management strategies.

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