Cyber risk solutions provider Resilience has announced an expanded partnership with RSA, which enables it to underwrite US-based risks through the London wholesale market.
The move targets companies with revenues between $75M and $10B, offering a surplus lines solution for businesses preferring to secure cyber insurance through London-based channels.
Resilience and RSA first entered into partnership in 2023, when Resilience extended its underwriting capacity limits to £10 million for insureds in the UK and EU. Supported by partnerships with RSA Insurance, R&Q Accredited, and HDI Global Specialty, this expansion enhanced Resilience’s capabilities across those regions, laying the groundwork for further international growth.
Building on this foundation, the latest partnership development leverages RSA’s capacity to address the needs of US firms with international operations, particularly those with risk exposure in the UK and EU. Through Resilience Essential and Edge Solution products, businesses can combine insurance coverage with tools to help quantify and mitigate cyber risks.
Last month, Resilience continued its global expansion by consolidating its insurance operations under its president of insurance. Recent leadership changes include a new head of underwriting for North America, a managing director for international insurance, and a global head of sales strategy, further strengthening its focus on international growth.
According to Resilience's president of insurance, George Kotsiopoulos, the initiative is a step toward providing clients and brokers with enhanced flexibility.
"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,” said Kotsiopoulos.
For firms working with London-based brokers, this partnership also offers the ability to navigate the complexities of cyber risks across borders.
Resilience managing director of international insurance, Jack Jenner, said that the expanded partnership broadens the company’s global reach, allowing it to support a larger range of businesses.
“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,” said Jenner.
Will this new access to the London market reshape how US businesses address their cyber risk? Share your views in the comments.
