"It is optimal for industry peers to establish custom products that move the needle in today's corporate environment," said Jody Yee, managing director for alternative risk transfer at AGCS, in a statement. "We are meeting latest coverage needs with viable solutions to meet changing business dynamics." (Photo: Jason Doiy)

Allianz Global Corporate & Specialty (AGCS) and Munich Re have partnered to provide state-of-the-art cyber insurance coverage exclusively to U.S.-based customers of Google Cloud. The solution called "Cloud Protection +" is designed for Google Cloud users enrolled in Google's Risk Protection Program, which includes the new coverage scheme and a tool that helps customers determine security risks on the cloud.

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