Marsh Risk, part of the global re/insurance broker Marsh, has significantly expanded the capacity of its flagship cyber insurance facility, Cyber ECHO, which now offers clients up to $200 million in coverage. This development positions the facility as the largest dedicated cyber insurance solution in the global market, reflecting the growing demand for robust protection against increasingly sophisticated cyber threats.
Originally launched in 2016, Cyber ECHO was designed to address complex cyber and technology-related risks faced by organisations across a wide range of industries. Over the past decade, it has evolved into a central pillar of Marsh Risk’s cyber insurance portfolio. To date, the facility has arranged more than $55 billion in insurance coverage for over 1,500 clients worldwide, underscoring its scale and market significance.
A key strength of Cyber ECHO lies in its access to diversified underwriting capacity. The facility aggregates support from leading insurers across the Lloyd’s of London market, as well as company and Bermuda-based insurers. This multi-market approach enables clients to benefit from flexible capital deployment, tailored coverage structures, and geographically broad protection.
The latest enhancements introduce greater resilience and continuity in coverage. Clients can now access a complimentary reinstatement of coverage following a cyber incident, alongside an optional paid second reinstatement for separate events. These features are particularly valuable in an era where organisations may face multiple cyberattacks within a single policy period. In addition, clients paying premiums exceeding $1 million are eligible for bursaries to support advanced risk management services, helping them strengthen their cyber defences and preparedness.
Industry experts note that reinstatement provisions have already proven highly practical. Previous versions of this feature have been widely utilised by clients seeking to maintain continuous protection after experiencing cyber incidents, demonstrating the real-world value of flexible policy structures.
According to Thomas Reagan, Global Cyber Practice Leader at Marsh Risk, Cyber ECHO has progressively expanded its capabilities since inception, becoming one of the most comprehensive cyber insurance facilities available. He emphasised that the latest upgrades form part of an annual product enhancement cycle aimed at delivering competitive and effective solutions, enabling organisations to anticipate emerging vulnerabilities and manage risks with greater flexibility.
Serena France-Hayhurst, UK Cyber Placement Leader at Marsh Risk, highlighted the broader context driving these developments. She noted that cyber risk remains one of the most critical threats to organisations globally, capable of causing severe operational disruption, financial losses, and long-term reputational harm. In such a volatile risk environment, Cyber ECHO offers clients increased certainty and confidence in navigating rapidly evolving cyber threats.
Below is a summary of Cyber ECHO’s key features and metrics:
| Feature/Metric | Details |
|---|---|
| Maximum coverage capacity | $200 million |
| Launch year | 2016 |
| Total coverage arranged | Over $55 billion |
| Number of clients | 1,500+ globally |
| Markets utilised | Lloyd’s, company, and Bermuda markets |
| Reinstatement options | One free, one optional paid reinstatement |
| Risk management support | Bursaries for premiums above $1 million |
As cyber risks continue to escalate in both frequency and severity, the expansion of facilities such as Cyber ECHO illustrates how the insurance industry is adapting to meet the complex needs of modern organisations.