Willis increases limits for CyXS cyber insurance facility

Willis, a unit of Willis Towers Watson PLC, has increased limits for its CyXS cyber insurance facility to offer $115 million of capacity via Lloyd’s of London syndicates and up to $40 million from outside of Lloyd’s.

The CyXS facility also now includes the new CyXS Plus and CyXS Company coverages, each offering a further $40 million of capacity, Willis said in a statement.

The addition of CyXS Plus and CyXS Company brings the number of insurers supporting the CyXS facility to 25, the statement said.