New York, September 4, 2014 – Marsh, a global leader ininsurance broking and risk management and a wholly owned subsidiaryof Marsh & McLennan Companies (NYSE: MMC), announced the launchof a new cyber insurance policy that provides catastrophicprotection for large companies seeking to better manage the growingthreat of a cyber-related data disruption or unplanned technologyoutage.

Underwritten by leading cyber insurers and sold exclusivelythrough Marsh, Cyber-CAT offers limits of more than $300 million incoverage above a minimum $100 million self-insured retention. Inaddition to high capacity, Cyber-CAT provides coverage over andabove what standard cyber insurance policies offer includingphysical property damage resulting from a system failure.

"The costs associated with a major cyber-event or technologydisruption can run into the hundreds of millions of dollars forlarge companies – even those with little to no 'typical' privacyexposure," said Bob Parisi, Marsh's Network Security and PrivacyPractice Leader. "While many of these larger companies have soughtprotection from the cyber insurance market, coverage to date hasoften been insufficient. With Cyber-CAT, Marsh is able to offer thelargest companies access to enhanced levels of coverage for thecatastrophic data and technology risks they face, while alsoallowing them to manage the risk in a manner consistent with howthey approach other operational risks."

Cyber-CAT can be customized to include any or all of thefollowing coverages:

• Privacy and security liability.
• Information assets.
• Business interruption coverage, including extra expense.
• Cyber extortion.
• Criminal reward fund.
• Crisis and event management.

More detailed information on the cyber risk landscape and keycoverage elements of Marsh's new propriety policy can be found inthe Cyber-CAT brochure.