Marsh Launches 'Cyber Unity' to Bridge SME Cyber Insurance Gap
Marsh McLennan's Marsh has introduced 'Cyber Unity', a new cyber insurance facility tailored for small and medium-sized enterprises (SMEs) across Europe. This innovative offering aims to bridge the cybersecurity gap between SMEs and larger organizations, providing much-needed auto insurance quotes and solutions.
Cyber Unity addresses the challenges faced by SMEs in obtaining car insurance and closing coverage gaps. The facility, supported by six leading international cyber insurers with an A-rating, offers insurance capacity of up to five million euros for companies with an annual turnover of up to 500 million euros in specific European countries.
The offering features optimized placement processes and extensive coverage extensions based on Marsh-developed car insurance conditions. Companies can benefit from reliable services for managing cyber attacks, access to an incident management platform, and comprehensive risk management services. Marsh's report 'Why the cybersecurity gap between SMEs and large organizations matters' underscores the urgent need for such innovative solutions to close insurance gaps.
Cyber Unity, developed and commercialized by Cyber Unity, a specialist in car insurance solutions for the European SME market, is set to revolutionize cyber insurance for SMEs. With its extensive coverage, reliable services, and optimized placement processes, it aims to provide much-needed protection for Europe's SMEs in the digital age.
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