Google Partners With Insurers to Create Risk Protection Program

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Google has teamed up with two major cyber-insurance providers, Allianz Global Corporate and Specialty (AGCS) and Munich Re, to create the “Risk Protection Program” for Google Cloud users.

The program introduces a new Google Cloud security tool called Risk Manager, which gives businesses the ability to measure and manage their risk via Google Cloud and receive reports on their security posture, officials explain.

Organizations can work with their insurance broker to use Risk Manager to send reports to AGCS and Munich Re. In turn, the insurers can use these reports to evaluate a business’s security and eligibility for Cloud Protection +, a cyber-insurance policy created for Google Cloud users.

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