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Strengthen Cyber Insurance Access
Marsh has introduced Cyber Unity, a purpose-built cyber insurance facility for mid-sized European organizations. The facility targets companies with revenues up to €500 million and offers primary coverage limits of up to €5 million. Cyber Unity is backed by a panel of six A-rated global insurers. It is built to eliminate key hurdles for mid-sized firms in accessing critical cyber protection. The initiative addresses underinsurance and closes gaps in both coverage and cybersecurity preparedness. We have reported on several new insurance offerings in the EU.
Streamlined Placement and Broader Coverage
Cyber Unity uses Marsh’s proprietary cyber policy wording, offering protections that exceed the industry standard. The placement process is highly efficient, providing quicker onboarding and faster access to essential coverage.
Custom Extensions Provide Optional Flexibility
Marsh has incorporated exclusive coverage extensions into Cyber Unity. These enable organizations to tailor protections to their specific digital risks, thereby increasing their resilience against the wide range of threats they face.
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Robust Cyber Incident Support Services Included
Cyber Unity offers clients a built-in cyber incident response system. When primary communication systems fail, firms can rely on an alternate incident management platform for continuity. This feature helps ensure businesses maintain operations during cyber disruptions.
Claims Process Simplified Through Pre-Negotiation
The facility also includes a pre-negotiated claims process. This reduces resolution time and supports rapid response in the event of a breach or incident.
Marsh Highlights SME Cybersecurity Gap
In a recent report, Marsh identified insurance shortfalls affecting SMEs across Europe. Many remain uninsured or underinsured, leaving them vulnerable to operational and financial damage during cyberattacks.
A Strategic Move to Address Escalating Risks
Cyber threats continue to intensify. Gamze Konyar, Head of Cyber, Europe at Marsh, stated, “As cyber risks escalate in frequency and severity, these challenges become even more pronounced.” Marsh Cyber Unity is their response to these risks, particularly for organizations that cannot access legacy insurance solutions.
Making Cyber Insurance More Accessible and Understandable
“By making cyber insurance more accessible, understandable, and affordable,” Konyar noted, “Cyber Unity provides robust primary capacity for European organizations.” The product combines comprehensive coverage with risk prevention, incident response, and claims management into a single solution.
Facility Reaches Beyond the EU
Marsh Cyber Unity is available not only in the European Union but also in Israel, Norway, Serbia, and Turkey. This geographic reach allows the facility to support a wider network of mid-sized organizations navigating a volatile digital landscape.
Building Resilience Through Integrated Services
Beyond Insurance Cyber Unity provides services that address a company’s entire cyber risk posture, combining policy, response, prevention, and claims support.
Closing the Protection Gap for SMEs
Cyber Unity is part of a larger Marsh strategy to close the protection gap between large corporations and smaller enterprises. Its release reflects a growing understanding that all businesses—regardless of size—face real and rising cyber threats.
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