Marsh reveals Cyber Catalyst-designated products

Global insurance broker and risk adviser Marsh has announced the inaugural class of cybersecurity products receiving a Cyber Catalyst designation. The designation is “part of a first-of-its-kind program designed to bring organizations greater clarity in the crowded cybersecurity marketplace,” Marsh said. Cyber Catalyst by Marsh, launched in March, convened cyber insurers Allianz, AXIS, AXA XL, Beazley, CFC, Munich Re, Sompo International and Zurich North America to identify products and services they considered effective in reducing cyber risk. More than 150 cybersecurity offerings were submitted for consideration, Marsh said.