AXA XL announced that it has entered into an agreement with Guidewire Software, Inc. to have global access to Guidewire Cyence Risk Analytics (Cyence), a risk modelling solution designed to help quantify the financial impact of cyber risk exposures AXA XL's Cyber Insurance business has successfully used the Cyence product in North America to enhance its offering. By leveraging Cyence's real-time analytics and expertise in predicting the probability of a cyber event for a company, the team has been able to significantly enhance its underwriting process and provide better tailored solutions to its clients. Following this first successful collaboration, AXA XL has decided to renew and expand the partnership to make Cyence available to its underwriters and pricing specialists globally and across business lines.