Resilience, a leading cyber risk management firm, today announced its launch of Technology Errors & Omissions (E&O) coverage for U.S. organizations with $300M–$10B in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber insurance offering is poised to further help clients mitigate and cover liability arising from technology products and services – a cornerstone of building cyber resilience. “In an increasingly digitized world, technology is embedded in every company’s operations in some wa ..read more

Resilience, a leading cyber risk management firm, has strategically expanded its capabilities through the acquisition of BreachQuest, an innovative incident response technology solution. This move is set against the backdrop of an evolving digital workspace and cloud-based productivity applications, highlighting the critical challenge of securing these environments amidst escalating risks. The integration aims to bolster incident response mechanisms against Business Email Compromise (BEC) attacks, a rapidly growing concern within the digital domain. In 2022, the U.S. Government’s Internet Crim ..read more

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 5% of Resilience clients filed a cyber claim and have shown significantly enhanced resilience to extortion attempts. “More important than the growth it brings, this expanded underwriting authority is validation that our model ..read more

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 resilience. Despite an increasingly hostile cybercrime landscape, many organizations remain underprepared for even the most pervasive threats, such as ransomware. This is due in large part to long-standing silos between cybersecurity, ri ..read more

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 existing capabilities of Resilience in the U.K. and E.U. supported by HDI Global Specialty. As cyber threats to U.K. and European enterprises grow increasingly complex, the traditional security response has been continually “firefighting”, r ..read more

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 Insurance’s underwriting companies, with participation by Lightspeed Venture Partners, as well as General Catalyst and Founders Fund. With global cybercrime set to eclipse $10.5 trillion by 2025, enterprises are finding that the status-quo s ..read more

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 Head of Underwriting and Sales, CJ will spearhead the introduction of the Resilience Solution into the global cyber insurance market. This new role brings together both sides of the security and insurance ecosystem to enable Resilience’s broker ..read more

SAN FRANCISCO, CA, May 1, 2023 – Resilience is proud to introduce its new cyber risk solution, transforming how enterprises assess, measure, and manage risk in an integrated and economically efficient manner. The Resilience Solution offers customers a significantly easier and more effective way to look at their cyber risk holistically and breaks down the silos across risk, cybersecurity, and financial leaders that currently govern cyber insurance and cybersecurity decisions in enterprises today.    Over the last two years, the Resilience model has proven that by building a holis ..read more

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 resilience. Despite an increasingly hostile cybercrime landscape, many organizations remain underprepared for even the most pervasive threats, such as ransomware. This is due in large part to long-standing silos between cybersecurity, ri ..read more

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 Insurance’s underwriting companies, with participation by Lightspeed Venture Partners, as well as General Catalyst and Founders Fund. With global cybercrime set to eclipse $10.5 trillion by 2025, enterprises are finding that the status-quo s ..read more