Cybersecurity company Resilience launches cyber insurance services

Resilience, which combines insurance and cybersecurity, has released its new program manager, which will focus on the mid-market.

The new service, Resilience Insurance, will be provided through Intact Insurance Specialty Solutions’ underwriting companies.

Resilience Insurance will not only assess an organisation’s information security prior to writing coverage, but will also mitigate vulnerabilities before they can be exploited. Through this approach, it offers targeted coverage and an improved claims experience, it claims.

Clients will not only receive the insurance protection, but also the Resilience cybersecurity tools, which offers holistic cyber risk management to protect a business from spear phishing attacks, ransomware and more.

Intact Ventures is supporting the launch through an investment.

Resilience CEO Vishaal Hariprasad said “We first launched Resilience to secure enterprises from cyber threats by blending cybersecurity expertise, intelligent risk assessments, and risk transfer.

“Resilience delivers a new way of evaluating and transferring cyberrisk, offering solutions that allow us to deliver better underwriting while significantly reducing our insured’s likelihood of falling victim to cybercrime.”

Copyright © 2020 FinTech Global

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