Marsh Opens 2020 Cyber Catalyst Program With Leading Cyber Insurers
Top Five Cyber Risks Identified for Program Focus
Marsh, the world’s leading insurance broker and risk adviser, today announced the 2020 opening of its Cyber Catalystprogram designed to help organizations reduce cyber risk by making more informed cybersecurity decisions.
The first-of-its-kind program awards Cyber Catalyst designations to products and services that leading cyber insurers believe can be effective against major cyber threats. In the inaugural 2019 program, more than 150 products and services were submitted for evaluation, with 17 ultimately receiving a Cyber Catalyst designation.
In 2020, insurers Allianz; AXA XL, a division of AXA; AXIS; Beazley; CFC; Munich Re;
For this year’s program, the insurers have identified what they see as the top five cyber risks in 2020: ransomware, data collection, supply chain/vendor management, cloud migration, and social engineering. Participating insurers and Marsh encourage vendors to submit products and services that target these risks, but all eligible products and services will be evaluated.
“With the Cyber Catalyst program, we are providing a significant metric to help our clients and other organizations identify cybersecurity solutions that insurers believe will really make a difference,” said
The second Cyber Catalyst program opens for product submissions on
Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a business of
303 952 9453
303 952 9453