Munich Re Specialty – Global Markets (London), Syndicate 457 (Munich Re (Germany))
Munich Re Cyber Insurance (Primary
F&C)
by Munich Re Specialty – Global Markets (London), Syndicate 457
B2BA+DirectNIS2Broker onlyEU / EEAEnglish
Last updated Apr 2026
Product Details§ 01
Max Insurance Limit
Up to USD/EUR 50M primary capacity per risk.
Min Premium / Revenue
Revenue >USD/EUR 500M for direct/F&C primary.
Market Focus
Large enterprise; revenue typically >USD/EUR 500M.
Coverage
GenAI coverage
AM Best Rating
A+ (Superior) – AM Best
MGA / Direct
No – Direct insurer.
Policy Language
English / local language per jurisdiction
NIS2 / DORA Support
UK Cyber Security and Resilience Bill advisory included.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
EU / EEA.
Broker Only
Yes
Advantages & Limitations§ 02
Advantages
- Up to USD/EUR 50M primary capacity per risk (F&C / direct for large corporates; revenue >USD/EUR 500M focus).
- Cloud Protection+: specialized product for Google Cloud customers (up to USD 50M).
- aiSure™: coverage for AI solution performance gaps.
- Stream: back-to-back cyber coverage filling gaps from property cyber exclusions (Consortium product).
- Global market leader in cyber reinsurance; >$1B global direct premiums written.
- In-depth accumulation modelling and systemic risk expertise.
- Cyber & Tech combined product for users and providers of IT.
- Pre-breach: complimentary services – cyber training, legal/tech consulting, risk surface monitoring, tabletop exercises (Reflex Cyber Risk Management).
Limitations
- Direct/F&C primary: revenue typically >USD/EUR 500M. Bespoke per risk.
Contact & Response§ 03
Customer Contact
24/7 Crisis Hotline
Via policy / Munich Re Cyber claims team