Munich Re acquiring Israeli cyber insurance startup At-Bay in deal worth hundreds of millions

Munich Re to Acquire At-Bay in Significant Investment Move

Munich Re, the German insurance company, has agreed to acquire At-Bay, an Israeli startup that specializes in combining cyber insurance with security and risk-monitoring technology. The financial terms have not been disclosed, but the deal is reported to be worth hundreds of millions. This acquisition represents another substantial investment by Munich Re in Israel, where it also owns Next Insurance.

Original Source: https://www.calcalistech.com/ctechnews/article/r1mpdpmpmx