Google Cloud introduced a partnership with insurance companies called the Risk Protection Program. Insurers Allianz Global Corporate & Specialty (AGCS) and Munich Re designed a specialised cyber insurance policy exclusively for Google Cloud customers, called Cloud Protection+. The offering is designed to help Google Cloud customers reduce risk, potentially reduce costs, and build further trust in the Google Cloud platform.
The 'Risk Protection Program' introduces the Google Cloud security diagnostic tool called Risk Manager, which enables customers to measure and manage their risk on Google Cloud and obtain a report on their security posture. Working with their broker, customers can use Risk Manager to send reports to AGCS and Munich Re, who in turn can leverage the reports to assess customers’ security posture and underwrite eligibility for Cloud Protection+.
