Resilience introduces tech errors & omissions coverage for U.S. organizations

Insurance
07/03/2024 News

Resilience, a top cyber risk management firm, has launched Technology Errors & Omissions (E&O) coverage for U.S. firms with revenues from $300 million to $10 billion. With limits up to $10 million, this addition complements Resilience's cyber insurance, aiding clients in managing liability from tech products and services.

CEO Vishaal "V8" Hariprasad highlighted the importance of integrating Tech E&O coverage with existing cyber solutions in today's digital landscape. Resilience's expertise in risk modeling and underwriting uniquely equips them to handle complex Tech E&O risks, offering tailored policies and proactive incident response capabilities.

President Mario Vitale emphasized Resilience's role in filling gaps in the market for Tech E&O coverage, especially for midsize and large clients. Gavin Reed, Head of Underwriting, US, stressed the team's experience in managing technology contracts and their commitment to providing market-leading coverage.

Partners like T. Michael Miller, CEO Global Specialty Lines at Intact, have praised Resilience's focus on client security in the cyber insurance space. This launch underscores Resilience's dedication to providing robust cyber security solutions to clients and brokers in the Tech E&O space.

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