Resilience expands cyber risk solution capacity for large companies
Resilience, a provider of cyber risk solutions, expands its services to accommodate large enterprise accounts with revenues of over $10 billion.
The certified insurance, along with a consortium of global cyber reinsurers, supported the expansion.
The move will provide broker partners with additional options to manage their clients’ “complex” cyber risk, the company said.
Founded in 2020, the company serves clients facing cyber threats with high quality cyber liability insurance and technical errors and omission insurance.
Resilience claims that over 10% of US companies with annual revenue of $1 billion rely on it for an integrated cyber risk management solution.
Resilience’s approach to managing cyber risk involves client in-house billing processing for direct billing and incident management.
Additionally, their risk operations centres will help to assess risks from both first and third parties, provide ongoing threat intelligence and important findings to prevent losses.
“We are pleased to announce that we are committed to providing a range of services to our customers,” said George Kotsiopoulos, president of Resilience Insurance. “The future of cyber insurance is to provide integrated security and insurance solutions that not only help clients respond, but also help clients prevent losses. This expansion of capabilities allows broker partners to provide resilience as an option for large accounts in their portfolio and expand their options to serve clients.
The company also provides a cyber decision-making platform that equips Chief Information Security Officers, CFOs and risk managers with tools to quantify, communicate and manage cyber risk.
This service is part of the company’s Platform Services business unit.
Mario Vitale, president of Resilience, said:
“Recruitment within enterprise clients is accelerating as we realise that resilience has delivered better results than any other provider in the market, from risk modeling to incident management.”
February, recovery We expanded our partnership RSA Insurance is now available to assume the risk of being based in the US through the London Wholesale Market.
This expansion will allow resilience to take on the risk of US companies with revenues of between $75 million and $10 billion through the London market.
“Resilience is originally created and published by Expanding the capacity of cyber risk solutions for large companies.” Life Insurance Internationala brand owned by GlobalData.