Marsh Risk, a division of the global insurance and reinsurance broker Marsh McLennan, has announced a significant enhancement to its Cyber ECHO facility, which now offers clients up to $200 million in insurance capacity. This development positions Cyber ECHO as one of the most substantial cyber insurance structures currently available in the global market.
First introduced in 2016, Cyber ECHO was developed to address increasingly complex cyber and technology-related risks faced by organisations worldwide. Over the years, it has evolved into a central pillar of Marsh Risk’s cyber insurance offering, having provided more than $55 billion in aggregate cover to over 1,500 clients across a diverse range of industries and geographies.
The facility draws underwriting capacity from leading insurers operating across the Lloyd’s of London, company insurance markets, and Bermuda-based carriers. This diversified capital base enables greater flexibility in programme design, allowing clients to tailor coverage structures to their specific operational and geographic risk profiles.
Cyber ECHO’s latest enhancements include a free coverage reinstatement option, alongside a paid second reinstatement for distinct cyber events. These features are designed to ensure continuity of protection in the event of multiple incidents, reducing the risk of coverage gaps during periods of heightened cyber activity. In addition, clients with premiums exceeding $1 million will now benefit from bursaries supporting access to specialist risk management services, further strengthening long-term cyber resilience.
The reinstatement mechanism has already proven valuable in prior iterations of the facility, with widespread utilisation by clients following cyber incidents, helping them maintain uninterrupted protection during recovery phases.
A summary of key features is set out below:
| Feature | Description |
|---|---|
| Maximum capacity | Up to $200 million per client |
| Total historical cover | Over $55 billion arranged |
| Client base | More than 1,500 organisations globally |
| Capital sources | Lloyd’s, company markets, and Bermuda insurers |
| Reinstatement options | One free reinstatement plus optional paid second reinstatement |
| Risk support | Bursaries for clients with premiums above $1 million |
Thomas Reagan, Global Cyber Practice Leader at Marsh Risk, stated that Cyber ECHO has progressively broadened its scope since inception, evolving into what he described as one of the most comprehensive cyber insurance facilities globally. He emphasised that the latest updates are part of an annual product enhancement cycle aimed at improving flexibility, responsiveness, and the ability of clients to anticipate emerging cyber vulnerabilities.
Meanwhile, Serena France-Hayhurst, UK Cyber Placement Leader at Marsh Risk, highlighted the increasingly volatile threat landscape facing organisations. She noted that cyber risk continues to represent one of the most significant operational and financial threats to businesses, with the potential to cause substantial disruption and reputational harm. In this context, she added, Cyber ECHO provides greater certainty and resilience, enabling organisations to manage evolving threats with enhanced confidence.
Overall, the expansion of Cyber ECHO reflects a broader trend in the cyber insurance market towards larger capacity, more adaptive structures, and deeper integration of risk mitigation services, as organisations worldwide seek stronger protection against an increasingly sophisticated cyber threat environment.