Markets/Coverages: Marsh Risk Enhances Cyber Facility With Up to $200M of Capacity; Willis Launches End-to-End Solution for Data Center Owner, Operators

Insurance broker Marsh Risk, the Marsh subsidiary, announced that its Cyber ECHO facility now provides Marsh clients with up to $200 million of cyber insurance.

Marsh Risk describes Cyber ECHO as the largest cyber insurance facility of its kind in the insurance market. Cyber ECHO now offers all clients a free coverage reinstatement option and a paid second reinstatement option for separate cyber events, as well as bursaries for risk management services to clients with premiums above $1 million, according to Marsh Risk.

Cyber ECHO’s unique reinstatement and bursary options are designed to enable clients to keep their coverage active for multiple incidents and reduce any gaps in protection, while improving resilience to cyber threats in the longer term.

Launched in 2016, Cyber ECHO has grown to become the cornerstone of Marsh Risk’s cyber risk insurance portfolio, securing to date in excess of $55 billion in cover for over 1,500 Marsh clients globally. Cyber ECHO draws on capacity underwritten by leading insurers operating in the Lloyd’s, company, and Bermuda markets to provide clients with enhanced flexibility and choice around capital deployment and global coverage, Marsh Risk said.

“Since its launch, Cyber ECHO has significantly broadened its scope, evolving into the world’s most comprehensive cyber insurance facility, offering unmatched coverage limits, diverse placement options, and innovative enhancements,” said Thomas Reagan, global cyber practice leader, Marsh Risk, in a statement.

“These latest enhancements to Cyber ECHO form part of the Global Cyber Practice’s annual product update, which ensures we are continuing to deliver competitive and, above all, effective solutions that enable clients to anticipate emerging vulnerabilities and manage their risks with greater optionality and flexibility,” Reagan said.

Willis Launches Digital Infrastructure Protector

Broker Willis has launched Digital Infrastructure Protector, an end-to-end lifecycle solution for data center owners and operators. This solution combines integrated policy coverage during both the construction and operations phases with enhanced, tailored risk management to help data center owners, operators, contractors, and hyperscalers minimize risk while maximizing operational and financial resiliency.

The launch of Digital Infrastructure Protector is the latest in a series of data center solutions by Willis.

Alastair Swift, head of global specialties at Willis said: “The pace at which the AI boom is accelerating data center construction is creating unprecedented complexity, and traditional insurance solutions are no longer sufficient. As a client-led, data-driven organization, Willis has developed this solution to respond directly to those challenges.”

Key features of Digital Infrastructure Protector:

• Integrated and enhanced policy coverage: In close collaboration with Zurich, a leading data center insurance provider, Digital Infrastructure Protector provides access to streamlined coverage with more than U.S. $3 billion in capacity, bringing building, operational property, marine and cargo exposures together under a single policy.
• Evidence-based broking: Willis and Zurich experts lead with analytics and data validation to not only assess gaps in coverage but also help clients evaluate the appropriate amount of coverage for their specific needs.
• Integrated risk management: Leveraging its recently released eight-point digital infrastructure risk framework, Willis provides clients with an ongoing, holistic view of the full spectrum of data center risk, including systemic and emerging risks.
• Access to a broad and deep bench of global experts: Willis has a newly formed Global Digital Infrastructure Group, led by Swift. This cross-functional team unites experts across multiple sectors and geographies, including construction, energy, climate, technology and cyber, real estate, supply chain, data analytics and risk engineering.

Digital Infrastructure Protector is now available to clients globally.