Marsh has launched CyberShore Bermuda, a new excess cyber insurance facility offering streamlined service and enhanced protection for its clients.
The facility provides up to US$30 million in follow-form excess Bermuda capacity, attaching at layers above US$75 million.
It includes a dedicated claims feature allowing the lead insurer to control claims handling, helping reduce negotiation delays and deliver faster, more consistent responses.
CyberShore Bermuda also gives clients the option to purchase affirmative coverage for fines and penalties.
Sarah Carr, FINPRO placement leader at Bowring Marsh Bermuda, highlights: “CyberShore Bermuda represents a pioneering solution in the Bermuda cyber market, further evidencing Marsh’s ability to deliver innovative products that ensure optimal terms for clients while enhancing efficiency in capacity, coverage, and claims management.”
Meredith Schnur, US and Canada cyber practice leader at Marsh, adds: “Marsh is committed to bringing new capacity and optionality to its clients when it comes to transferring their ever-evolving cyber risks to the insurance marketplace.”
The launch comes shortly after Marsh introduced Cyber Echo Encore, a global cyber facility offering up to US$45 million in excess cyber capacity from London market insurers outside of Lloyd’s.
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