Google partnership brings usage-based cyber policies closer: Munich Re’s Parisi
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Google partnership brings usage-based cyber policies closer: Munich Re’s Parisi

Munich Re AGCS googleplex.jpg

The partnership announced yesterday between Munich Re, Allianz Global Corporate & Specialty (AGCS), and Google Cloud is a “big step forward” for cyber underwriters and represents further progress towards usage-based underwriting, according to Bob Parisi.

Speaking on Wednesday at a panel discussion hosted by Google, the senior cyber executive said that the new product, which allows policyholders to share data from their Google Cloud account directly with the two insurers, will enable policy pricing...

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