Resilience, a leading cyber risk solutions company, has expanded its partnership with RSA, a global insurance provider, to underwrite US-based cyber risks on a surplus lines basis out of London.
This move will complement Resilience’s domestic operations and provide US clients with additional access to cyber insurance capacity through the London market.
The partnership aims to support US-based firms that require or prefer cyber insurance coverage from London.
By leveraging RSA’s underwriting capabilities, Resilience is expanding its territorial reach, ensuring broader insurance capacity for companies operating in the cyber risk space.
Through this expanded agreement, Resilience can now underwrite US-based risks for businesses with revenues between $75m and $10bn via the London market.
This initiative enhances its ability to serve firms with risk exposure in both the UK and EU, while also strengthening its US underwriting operations.
RSA, a prominent player in the global insurance market, provides a range of insurance solutions across different sectors.
By partnering with Resilience, RSA supports the growing demand for cyber insurance coverage and further strengthens its presence in the cyber risk space.
With this expansion, Resilience enhances its cyber insurance offerings by providing wholesale capacity for US clients who engage with London-based brokers.
This allows businesses to build their insurance coverage efficiently while accessing Resilience’s integrated cybersecurity and cyber risk solutions.
“We are pleased to expand our offering to service US-based companies who want to purchase cyber insurance via the London market. Along with Resilience’s industry-leading integrated cybersecurity and cyber risk solutions, this new wholesale capacity 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,” Resilience president of insurance George Kotsiopoulos said.
“Clients in the US who choose to work with a London-based broker can now turn to Resilience to help them drive better outcomes and become more resilient to material losses,” Resilience managing director of international insurance Jack Jenner said. “With this new partnership, we can expand the footprint of companies that benefit from our unique approach to assessing, mitigating, and transferring risk.”
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