Marsh LLC Enhances Cyber Liability Coverage
Marsh LLC has announced a significant enhancement to its cyber liability insurance offerings by introducing an additional $45 million in coverage capacity through their new initiative, Cyber Echo Encore. This facility taps into the resources of the London insurance market, providing clients with a robust layer of protection against cyber threats.
Cyber Echo Encore expands upon the success of the Cyber Echo program, originally launched in 2016 and broadened last year, which now offers up to $125 million in limits sourced from Lloyd’s of London insurers. Both initiatives offer an essential feature for policyholders: the option to reinstate coverage following a loss.
Since its inception, the Cyber Echo program has delivered nearly $50 billion in coverage to approximately 500 Marsh clients, underscoring its critical role in safeguarding businesses against evolving cyber risks.
