Exciting news: Resilience is expanding our underwriting capacity to serve large accounts with $10B+ in revenue! Learn More
cyber resilience framework
Resources

Resilience Doubles Cyber Insurance Limits to $20 Million Through Partnership with Lloyd’s Insurance Facility

Syndicate Agreement Expands and Complements Existing US offering

by Whitney Glockner Black , VP, Communications
Published

SAN FRANCISCO, CA, July 1, 2024 Resilience, the leading cyber risk solution company, has doubled the cyber insurance limits it can offer to clients in the US to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to continuously manage the mitigation and transfer of cyber risk. The agreement to expand Resilience’s limit capability was brokered by Lockton Re and utilizes Resilience’s existing coverholder partnership with Lloyd’s (AM Best: A). 

 Resilience previously offered $10 million in limits, on a primary or excess basis in the US, with an A+ AM Best-rated partner. The additional $10 million in excess limits supported by underwriters at Lloyd’s, can be deployed in sequential or ventilated layers above Resilience’s existing $10 million limit capability, up to $20 million in total.

 “Our ability to offer up to $20 million in limits, along with Resilience’s industry-leading integrated cybersecurity and cyber risk solutions, will help our clients and broker partners build insurance towers efficiently, while also increasing the ability to deliver much-needed loss prevention solutions to clients,” said Mario Vitale, president of Resilience. “Resilience’s leadership in the cyber insurance sector stems from our unique combination of a financially proven AI platform and our model for continuously engaging with clients to manage their risk. We are delighted to continue our existing limits and complement our coverage with additional capacity from Lloyd’s to help our clients become more cyber resilient.”

 “Together with our broker partners, Resilience drives better outcomes for our clients to help them become resilient to material losses – reflected in that 96% of our Edge clients avoided any claim with incurred costs in 2023,” said CJ Pruzinsky, global head of underwriting for Resilience. “With this new partnership, we can provide twice the coverage to our clients and expand the footprint of companies that can benefit from our unique approach to assessing, mitigating, and transferring risk.” 

 With the additional limits for cyber insurance, and new coverage for technology errors and omissions (E&O) liability, for US organizations with up to $10 billion in revenue, Resilience offers broad capabilities to help large enterprises manage complex cyber risks.

You might also like

Resilience Expands Operations to Bring Cyber Resilience to Germany and Austria

Munich, Germany – 14 May, 2024: Resilience, the leading cyber risk solutions company, has expanded its European insurance operations to Germany and Austria. To lead its efforts to support clients and brokers in the region, the company has hired cyber insurance expert Thorsten Mairhofer as Head of the region. Building on successful expansion in France […]

Digital Risk: Enterprises Need More Than Cyber Insurance

Resilience Unveils Interactive Cyber Risk Calculator

SAN FRANCISCO, CA – May 13, 2025 – Resilience, a leader in cyber risk solutions, today launched the industry’s first Cyber Risk Calculator to provide organizations with a financial snapshot of their cyber risk. The AI-powered tool provides security and risk practitioners and C-Suite executives alike with a common, data-driven language to better understand and […]

Resilience Welcomes Diego Rodriquez Vazquez as Underwriting Manager for Spain and Portugal

Madrid, Spain May 7, 2025 – Resilience, the leading cyber risk solutions company, announced today the appointment of Diego Rodriquez Vazquez as Underwriting Manager for Spain and Portugal. Diego joins Resilience from Axa XL where he worked for two years as Senior Cyber Underwriter for Spain and Portugal; before that, he worked four years as […]

cyber resilience framework

Maria Long Promoted to Resilience Chief Underwriting Officer

New York, NY – April 15, 2025– Resilience, the leading cyber risk company, announced today the appointment of Maria Long as Chief Underwriting Officer. In this role, Long will direct and oversee all aspects of the underwriting function for Resilience’s growing portfolio, reporting directly to George Kotsiopoulos, president of insurance.  “Maria’s track record and experience […]

Digital Risk: Enterprises Need More Than Cyber Insurance

Resilience Launches Tech E&O for UK & EU Enterprises

London, UK 10 April 2025: Resilience, the leading provider of cyber risk solutions, announces the introduction of its coverage for Technology Errors and Omissions (Tech E&O) in the UK and Europe, supported through a new partnership with Accredited Insurances. Resilience now offers Tech E&O coverage for clients with more than £50 million or €25 million […]

Digital Risk: Enterprises Need More Than Cyber Insurance

Resilience Expands Capacity with Accredited Insurance to Help Large Enterprises Address the Increasing Complexity of Cyber Risk

SAN FRANCISCO, CA, April 8, 2025 – Resilience, the leading provider of cyber risk solutions, is expanding the availability of its award-winning cyber risk solutions to serve large enterprise accounts with revenue greater than $10 billion. The expanded underwriting authority provides broker partners with more options in addressing clients’ complex cyber risks. Since launching in […]