Resilience broadens Tech E&O reach across US, UK, and EU markets

Cyber risk specialist Resilience has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to include clients with revenues above $25 million in the US, £50 million in the UK, and €25 million in the EU. The expansion builds on Resilience’s existing coverholder partnership with Lloyd’s, through which the firm first launched its…

Spread the love

Cyber risk specialist Resilience has expanded its appetite for Technology Errors & Omissions (Tech E&O) insurance to include clients with revenues above $25 million in the US, £50 million in the UK, and €25 million in the EU.

resilience-logoThe expansion builds on Resilience’s existing coverholder partnership with Lloyd’s, through which the firm first launched its Tech E&O offering in 2024 for clients generating over $300 million in revenue.

Since then, Resilience has built a roster of tier-one technology providers, serving both as primary and excess clients.

Resilience now offers up to $10 million in Tech E&O coverage limits, providing technology companies with essential protection against financial losses stemming from cyber incidents, professional errors, omissions, or negligence in their products and services.

The firm explained that its cyber and tech E&O offering provides blended coverage, addressing the overlapping cyber liability and technology operational risk into one streamlined and comprehensive insurance policy.

Powered by portfolio-wide insights from the Risk Operations Center (ROC), this approach reportedly integrates expert underwriting, in-house claims and security teams, and the Resilience Edge software for precise risk assessment and mitigation.

Resilience CEO Vishaal “V8” Hariprasad commented, “As a provider of enterprise-class risk control software, we are acutely aware of the risks inherent in bringing new technology products to market.

“We connect our cybersecurity and technology expertise with senior underwriting and in-house claims handling to offer clients superior loss control.”

George Kotsiopoulos, President of Insurance for Resilience, said, “Since launching our Tech E&O offering in 2024, we have seen tremendous enthusiasm and adoption of our approach to technology risk management.

“Brokers know that when they bring a technology company to us, we understand those needs more deeply than other providers because of the sheer amount of tech and security expertise in-house.”

Print Friendly, PDF & Email

Spread the love

Similar Posts