Marsh has launched a cyber insurance facility for organisations with revenues up to €500m.

Available to organisations across the European Union, Israel, Norway, Serbia and Turkey, Cyber Unity is backed by a competing panel of six A-rated global cyber insurers and offers limits up to €5m in primary capacity, with access to additional capacity from the panel of insurers or through the broker’s suite of cyber insurance facilities.

Cyber Unity promises a “highly streamlined placement process” underpinned by proprietary cyber policy wording, encompassing a range of risks “broader than the industry standard”. The new facility also features a cyber incident response service.

Commenting on the launch, Gamze Konyar, head of cyber, Europe at Marsh, said: "Many organisations, particularly mid-sized enterprises, face significant challenges in obtaining adequate cyber insurance. As cyber risks continue to escalate in frequency and severity, these challenges become even more pronounced. By making cyber insurance more accessible, understandable and affordable, Cyber Unity provides robust primary capacity for European organisations, while seamlessly uniting comprehensive coverage with essential risk prevention, claims and incident management services."

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