Cyber risk solutions provider Resilience is expanding its cyber insurance offering to cover UK enterprise clients with revenues over £10bn.
The company has provided cyber liability and technology errors and omissions insurance in the US since 2020. This latest expansion is supported by a new partnership with Accredited Insurance, backed by a panel of global cyber reinsurers.
“The future of cyber insurance is to deliver integrated security and insurance solutions that help clients prevent losses, not just react to them,” said George Kotsiopoulos, president of insurance at Resilience. “With this expansion of our capacity, our broker partners can now offer Resilience as an option for large accounts in their portfolio, expanding their options to serve clients’ most complex cyber risks. This partnership with Accredited helps us meet the growing demand in the market with high quality solutions.”
According to Resilience, over 10% of large US enterprises already use its integrated cyber risk platform.
Mario Vitale, president of Resilience, added: “Today’s enterprises are facing a constantly changing threat landscape that traditional insurance solutions cannot help them address because they focus on portfolio performance over client success. Resilience pioneered an integrated approach to risk management that augments clients’ visibility and responsiveness to threats."
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