In March 2021 Google Cloud announced a new offering called Risk Protection Program, which is designed to help its cloud customers reduce security risk and connect with Google’s insurer partners, Allianz Global Corporate & Specialty and Munich Re. The insurers created a specialized cyber insurance policy exclusively for Google Cloud customers, called Cloud Protection +.
The intent of the offering, which Google says is the first-of-its-kind partnership between a major cloud provider and leading cyber insurance companies, is to boost the confidence of organizations considering moving critical workloads to the cloud.
