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Marsh adds more London market capacity to cyber offering

Marsh LLC said Monday it has added $45 million in cyber liability insurance capacity through Cyber Echo Encore, a facility that accesses capacity from the London company insurance market.

The facility provides options similar to Cyber Echo, a program the brokerage launched in 2016 and expanded last year to offer $125 million in limits from Lloyd’s of London insurers.

Both programs include the option to reinstate coverage after a loss.

Cyber Echo has provided nearly $50 billion of coverage to about 500 Marsh clients since its launch, the brokerage said.