Marsh, a leading global insurance broker and risk advisor, has introduced a new cyber insurance facility aimed at mid-sized organisations across the European Union, as well as in Israel, Norway, Serbia, and Turkey.
Designed specifically for companies with annual revenues of up to €500 million, the new facility—Cyber Unity—offers up to €5 million in primary cyber insurance capacity. Coverage is backed by a consortium of six A-rated international insurers, with the option to access additional capacity through Marsh’s extensive global cyber insurance network.
Cyber Unity seeks to bridge the cyber protection gap for mid-sized enterprises, a segment that has often struggled to secure suitable coverage. Leveraging Marsh’s proprietary cyber policy wording, the facility provides broader protections than typical market policies, along with optional extensions to tailor coverage to specific client needs.
Key features of Cyber Unity include a simplified placement process and a pre-negotiated claims management framework, designed to streamline the insurance experience. The offering also integrates an incident response platform to help organisations maintain operational continuity during cyber incidents.
In addition to coverage, the facility delivers value-added services such as risk management and loss prevention support, helping clients strengthen their cyber resilience and mitigate potential threats.
Marsh developed the facility in response to growing concerns over the widening protection gap in the cyber insurance market. A recent Marsh report, Why the cybersecurity gap between SMEs and large organisations matters, highlighted that many mid-sized firms remain uninsured or underinsured against cyber risks.
Marsh is part of Marsh McLennan, a global professional services firm specialising in risk, strategy, and people, with a presence in more than 130 countries worldwide.