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Resilience, a leading cyber risk management provider, has expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The expanded authorities come after a strong year of growth while achieving an industry-leading loss ratio reflecting the success in defending clients from costly cyber incidents. Through 2023, fewer than […]
Resilience today announced the appointment of Rich Seiersen, previously Chief Risk Officer, to the role of Chief Cyber Resilience Officer (CCRO). The CCRO is an entirely new leadership position dedicated to aligning business objectives and risk management practices, and one we believe will become widespread in all organizations as they work to build true cyber […]
SAN FRANCISCO, CA, October 17, 2023 – Ransomware is entering a new era, as cybercriminals have begun shifting their tactics to bypass security controls by hitting critical vendors and seeking larger targets for extortions, Resilience found in its Midyear 2023 Claims Report. Among the key findings: Cybercriminals are returning to “big-game hunting.” Attackers are focusing […]
SAN FRANCISCO, CA, October 4th, 2023 – Cyber risk solution provider Resilience announced today an expansion of its underwriting capacity limits to £10 million for insureds in the United Kingdom and European Union. This increase in capacity is made possible through a partnership with RSA Insurance and R&Q Accredited. This additional capacity adds to the […]
SAN FRANCISCO, CA, AUGUST 7, 2023 – Resilience today announced a $100MM equity financing round to accelerate its global expansion and scale the adoption of its holistic cyber risk platform, the Resilience Solution, which launched earlier this year. The Series D round was led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact […]
SAN FRANCISCO, CA, June 8, 2023 – To support Resilience’s international growth and recent new solution launch to help clients better manage their cyber risk, the company has promoted CJ Pruzinsky to Global Head of Underwriting & Sales. Previously, he led the underwriting team from the launch of the company’s managing general agency. As Global […]
