Marsh Reveals Inaugural Class of Cyber Catalyst℠ Designated Solutions

Business Wire

Insurers Identify 17 Cybersecurity Solutions They Consider Effective in Reducing Cyber Risk

NEW YORK--(BUSINESS WIRE)-- Marsh, the world’s leading insurance broker and risk adviser, today announced the inaugural class of cybersecurity solutions receiving a Cyber Catalyst^SMdesignation as part of a first-of-its-kind evaluation program designed to bring organizations greater clarity in the crowded cybersecurity marketplace.

Cyber Catalyst by Marsh^SM, launched earlier this year, convened leading cyber insurers Allianz; AXIS; AXA XL, a division of AXA; Beazley; CFC; Munich Re; Sompo International; and Zurich North America to identify products and services they consider effective in reducing cyber risk. More than 150 cybersecurity offerings, spanning a broad range of categories from hardware to messaging security to IoT security, were submitted for evaluation.

Ultimately, 17 solutions were selected for the Cyber Catalyst designation:

Aruba Policy Enforcement Firewall
BigID Data Privacy Protection and Automated Compliance
CrowdStrike Adversary Emulation Penetration Testing
Crowdstrike Falcon Complete^TM
Digital Guardian Data Protection Platform
FireEye Email Security
FireEye Endpoint Security
Forescout Device Visibility and Control Platform
HackerOne Bounty
HPE Silicon Root of Trust
KnowBe4 Security Awareness Training and Simulated Phishing Platform
Mimecast Secure Email Gateway with Targeted Threat Protection
Perspecta Labs SecureSmart^TM critical infrastructure monitoring solution
RSA SecurID^® Suite
Trustwave^® DbProtect^TM
Virsec^® Security Platform
Zingbox IoT Guardian^TM

“Cyber Catalyst is a ground-breaking approach to help organizations make well-informed decisions in the complex $125 billion cybersecurity marketplace,” said Tom Reagan, US Cyber Practice Leader, Marsh. “This year’s class of 17 Cyber Catalyst designated solutions leverages the experience and insights of the insurance industry to broaden the discussion around best practices and drive improved cyber risk management outcomes.”

Organizations that adopt Cyber Catalyst-designated solutions may be considered for enhanced terms and conditions on individually negotiated cyber insurance policies with participating insurers. Marsh has worked with each participating insurer to establish endorsement wordings that reflect the coverage enhancements that those insurers might offer to Marsh clients that adopt one or more Cyber Catalyst-designated solution.

More information about the inaugural class of Cyber Catalyst solutions and the selection process can be found at www.marsh.com/cybercatalyst.

The next Cyber Catalyst program cycle is expected to open in 2020.

About Marsh

Marsh is the world’s leading insurance broker and risk adviser. With over 35,000 colleagues operating in more than 130 countries, Marsh serves commercial and individual clients with data driven risk solutions and advisory services. Marsh is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), the leading global professional services firm in the areas of risk, strategy and people. With annual revenue over US$15 billion and 75,000 colleagues worldwide, MMC helps clients navigate an increasingly dynamic and complex environment through four market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook; and YouTube, or subscribe to BRINK.