Cyber insurance solutions for large businesses
Stay ahead of evolving cyber risks
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In today's evolving cyber threat landscape, discover how our customized cyber insurance solutions can help protect your organization.
As large companies become more reliant on technology, complex IT environments face growing cyber risks. At Munich Re, we have seen a rise in extreme events, like sophisticated malware and major cloud outages, highlighting the vital role of insurance in protecting your businesses.
Our specialized team works closely with you to understand your unique risk profile, identify vulnerabilities, and develop customized insurance strategies that fit your needs. We help you navigate the complexities of cyber threats, ensuring your business is resilient and prepared for the challenges ahead.
USD 16.3bn
According to our latest Cyber Trend Report, the global market for cyber insurance will reach this volume by 2025.
Cyber risk landscape - major loss drivers
Check out the latest Cyber Trend Report
Our products and services
Our capabilities:
Our cover includes:
Our target industries:
- In-depth knowledge of your industry and extensive expertise in Cyber security, to identify your specific needs.
- Offer cyber protection with significant limits and flexible capacity of up to USD/EUR 50m.
- Focus is on companies with revenues over USD/EUR 500m.
- We can provide:
- Bespoke primary coverage
- Excess capacity support
First-party coverage
- Business Interruption
- Contingent Business Interruption
- Cyber Extortion
Third Party Coverages
- Data and Privacy Breach
- Network Security Liability
- Payment Card Industry Liability
- Regulatory Action
Reimbursement for costs/expenses
- Data Restoration and Bricking
- Forensic Expenses
- Legal Expenses
- Privacy Response Expenses
- Crisis Management Expenses
Coverage extensions
- Technology E&O
- Media Liability
- Financial institutions
- Manufacturing
- Pharmaceutical
- Retail
- Energy
- Business professional services
- Defense contractors
- Technology, telecommunications
- and more
Cloud Protection +
Our partnership with Google Cloud is a specialized insurance solution designed exclusively for Google Cloud customers. Cloud Protection+ provides comprehensive cyber coverage for first-party and third-party losses. It uses automation, guidance, and access to cyber insurance to help organizations leverage digital advancements.
Property Damage following a cyber event
Physical loss or damage following a cyber event is a common coverage gap for insureds. Our specialized coverage fills the gaps left by standard property insurance, stepping in when cyber events cause loss or physical damage elements such as fire, explosion, machinery breakdown or business interruption. With expert support and detailed understanding of your risks, we help you stay protected.
Why choose Munich Re
Financial strength and capacity
Industry expertise
Reliable, long-term partner
Our financial strength is highly rated by the industry’s leading rating agencies: A.M Best A+ (superior), Fitch AA (very strong) and S&P Global Ratings AA- (very strong). As a market leader, we use our financial strength expertise to deploy significant net capacity.
We have a robust understanding of your industry, as well as comprehensive cybersecurity and underwriting expertise. Our holistic approach allows to assess risks and provide cyber insurance tailored to your company’s needs.
We value long-term partnerships with our clients. Our dedicated teams work closely with you to provide ongoing support and ensure your success. As a predictable partner providing comprehensive cyber covers, we support our customers with sustainable cyber solutions.
You should look to build a cyber program that offers a certain level of predictability. To that end, it is vital to find the right insurance partner – one that is comfortable modeling those risks, is willing to walk the journey with you and understands your exposures and the product that fits your needs.
Do you want to know more?
Contact our experts.
Contact our experts
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About Munich Re F&C:
Leveraged expertise for individual and portfolio risks
Munich Re F&C offers facultative reinsurance and corporate insurance solutions for large companies. With our collaborative approach and deep knowledge across all industries, our clients benefit from our risk assessment expertise, customized products and financial stability. Our client focus is rooted in our commitment to fostering partnerships for the long term. With our traditional and innovative risk transfer solutions, we offer support around the globe across all lines of business.
