Cloud Protection +

Innovative Cyber Insurance Solution for Google Cloud Customers

Cyber risks continue to increase, driven by rapid technological advances such as artificial intelligence and cloud technology. Additionally, global industries are increasingly dependent on digital services, such as cloud computing, which represent a critical part of the supply chain for many risk owners.

Managing those threats requires finding tools for prevention as well as solutions for remediation and mitigation encompassing both technology and financial protections.

To assist organizations, Munich Re has teamed up with Google Cloud to create a custom insurance solution exclusively for Google Cloud customers.

More important than ever: cyber insurance

Cyber risk is considered a significant threat to businesses globally. According to a recent report by the World Economic Forum¹, cyber-attacks are ranked among the top five risks to global business, in terms of likelihood and potential impact. Many organizations, from small businesses to multinational corporations, are vulnerable to cyber threats that can compromise sensitive data, disrupt operations, and cause financial losses.

Securing the cloud is more critical than ever with an increase in cloud intrusion of

Rise in cost of software supply chain attacks to businesses anticipated:

Of all C-Level respondents

75%

over the past year

(Source: Crowdstrike “2024 Global Threat Report”)

$138 billion

by 2031, up from $60 billion in 2025

(Source: Cybercrime Magazine)

87%

report that their company is not adequately protected against cyber-attacks

(Source: MunichRe Cyber Insurance Risks and Trends 2024)

Protect your data in the Google Cloud and mitigate financial loss with cyber insurance

Managing those risks requires finding the right partners across a spectrum encompassing both technology and finance.

Secure your assets within the Google Cloud

There are many reasons why businesses and organizations are increasingly adopting cloud services. Among the most important are reduced costs, increased agility and disaster recovery.

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Reduce risks with cyber insurance

Buying cyber insurance can be an essential risk management strategy for businesses, particularly in today's digital landscape. Among the most compelling reasons to consider purchasing cyber insurance are financial protection, compliance and regulatory requirements as well as risk transfer.

Learn more Get in touch

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Welcome to Cloud Protection +

Munich Re's customized insurance solution for Google Cloud customers can provide an additional layer of protection against cyber risks. This solution can help you to:

Transfer risks

Transfer the risk of covered losses resulting from cyber incidents, including data breaches, business interruption, and reputational damage, and gain the necessary peace of mind to focus on your business operations.

Access expert support

Access expert support and guidance from Munich Re's cybersecurity team to help you respond to and recover from cyber incidents.

Do you have a specific question or need more information? Get in touch with us and our experts will gladly assist you.

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How to get Cloud Protection +

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Get Cloud Protection + in two easy steps:

Provide a written submission through your broker which outlines your entire enterprise-wide cyber security program.
Enable Google’s Risk Manager tool, run the report which will be provided to Munich Re. We will follow up with any additional information required to make an insurance decision and provide terms to your broker.

Please note:
Cloud Protection + cyber insurance will be underwritten by a primary insurance carrier of Munich Re Group, which is an S&P AA- rated international insurance company. Additionally, brokers are part of the sales process in commercial business

How Cloud Protection + cyber insurance protects your organization*

Cloud Protection + shields organization from the financial impact of business interruption caused by cyber-incidents in the insured organization’s computer systems, Google Cloud services or IT systems of third-party IT providers. With access to up to US$ 50m primary capacity, Cloud Protection + offers broad first party and liability or third-party coverage. Furthermore, the coverage is enhanced by Google Cloud specific coverage enhancements.

*coverage may vary based on insurance underwriting company

First Party Coverages

Business Interruption Loss
Contingent Business Interruption Loss
Restoration and Bricking Costs
Cyber Extortion
Crisis Management Costs
Cyber Deception

Third Party Coverages

Privacy and Network Security Liability
Regulatory Fines and Penalties
Payment Card Industry Liability
Media Liability

First Party Google Coverages

Business Interruption Loss with enhanced Period of Restoration (365 days)
Contingent Business Interruption Loss with enhanced Period of Restoration (365 days)
Trade Secret Loss

Third Party Google Coverages

Assumed Liability Resulting from Google Services
Bodily Injury and Property Damage Resulting from Google Services

¹World Economic Forum (2025): The Global Risks Report 2025. 20th Edition. Insight Report. Available at: https://www.weforum.org/publications/global-risks-report-2025/digest/ (page 17).

Cloud Protection+ covers businesses of all sizes

Connect with our specialists! As one of the world’s leading providers of reinsurance, primary insurance and insurance-related risk solutions, we offer tailored cyber solutions to businesses of all sizes.

Get in touch with the right expert: