Resilience News

Markets/Coverages: Resilience Doubles Cyber Limits to $20M

Resilience said it doubled the cyber insurance limits it can offer to clients in the U.S. to $20 million per client. This announcement follows the launch of new features and capabilities that enable enterprises to continuously manage the mitigation and …

Markets/Coverages: Resilience Announces New Cyber Loss Prevention Tools; Amwins Forms New Transportation Entity; Aon Launches Suite of Risk Analyzer Tools

Resilience announced new integrated capabilities that enable enterprises to continuously monitor and prioritize their mitigation and transfer of cyber risk. Following the launch of Technology Errors and Omissions (E&O) coverage earlier this year, the Resilience security team is expanding its …

Resilience in California Launches Technology E&O Coverage

San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess placements, the E&O addition to Resilience’s existing cyber …

Insurtech Resilience Expands Cyber Risk Management to Clients of $10B in Revenue

San Francisco, California-based Resilience expanded its underwriting authority to serve large global companies with up to $10 billion in annual revenues. The company reported that its expanded authorities come after a strong year of growth, with fewer than 5% of …

World Meteorological Organization Says 2023 Will Easily Break Climate Records

With a few days left to go until next year, it can be said that 2023 has officially shattered climate records. A World Meteorological Organization provisional State of the Global Climate report confirmed that 2023 is set to be the …

Ransomware Criminals Aiming at Third-Party Vendors in Hunt for ‘Big Game’

Ransomware victims have become less likely to pay extortion demands, but cyber criminals are changing their tactics by hitting third-party vendors and using data exfiltration instead of encryption when making ransom demands, according to a new report by cyber insurer …

Investors Double-Down on Cyber Insurtech Resilience With $100M Series D Round

Investors in cyber risk solution company Resilience have contributed again – $100 million in a series D equity financing round – a testament to the company’s business model and results, its leaders said. With reports of a decline in investment …

People Moves: Resilience Promotes Pruzinsky to Global Head of Underwriting & Sales

Resilience 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. Pruzinsky will spearhead the introduction of the Resilience Solution into the global cyber …

California Awards $8M for Community Resilience Projects

The California Governor’s Office of Planning and Research announced $8 million in project awards through Round I of the Adaptation Planning Grant. The grant, funded through Gov. Gavin Newsom’s 2021-2022 climate budget and established through state law, are to support …

People Moves: ARM Names Bulin Head of Investment Consulting; Egglestone Now Resilience Global Head of Claims; Meister Promoted at Distinguished

Egglestone Global Head of Claims at Resilience Resilience today promoted Tom Egglestone to global head of claims. Joining Resilience in July 2022 as international claims leader, UK and Europe, he will now be supporting Resilience clients globally. With prior experience …