Economy · Full coverage
German Insurance Giant Munich Re Acquires Israeli Cyber Insurer At-Bay for $575 Million
How 3 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Calcalist · 3 hours ago
What happened
Munich Re is acquiring Israeli cyber insurer At-Bay for $575 million, aiming to expand cyber protection for SMEs globally. The deal is expected to close in early 2027, with At-Bay joining Munich Re’s tech insurance subsidiary and its founders joining the management team.
- 01Munich Re agrees to buy Israeli cyber insurer At-Bay for $575 million.
- 02The acquisition is expected to close in Q1 2027, pending approvals.
- 03At-Bay protects over 35,000 US SMEs with combined insurance and cybersecurity solutions.
- 04At-Bay has raised $300 million from major venture capital firms and employs 280 staff.
- 05Post-acquisition, At-Bay will join Munich Re’s HSB subsidiary and founders will join its management.
- 06CEO Rotem Iram highlighted the deal’s role in expanding cyber protection globally.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
Full coverage · 3 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
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