Munich Re to acquire Israeli-founded At-Bay for $575 million

Picture of Insurance Nerds Editorial Team Insurance Nerds Editorial Team : Aug 19, 2026, 6:00:59 AM

Munich Re to acquire Israeli-founded At-Bay for $575 million

Munich Re to Acquire At-Bay for $575 Million

Munich Re, a major player in the insurance industry, is set to acquire At-Bay, a cyber insurtech company founded in Israel, for $575 million. According to reports, this purchase is made at less than half of At-Bay's valuation in 2021. The move reflects a trend among insurers to integrate insurance coverage with technology aimed at preventing cyber losses.

Original Source: https://www.calcalistech.com/ctechnews/article/3icwf2pbx
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