Security News > 2020 > November > Resilience provides insurance coverage and patented cybersecurity tools for the mid-market

Announcing the launch of Resilience Insurance, a newly formed program manager with insurance capacity rated "A+" by A.M. Best, provided through Intact Insurance Specialty Solutions' underwriting companies.

"Resilience is reinventing cyber insurance by aligning our interests with those of the companies we insure," said Mario Vitale, President of Resilience.

Resilience Insurance offers comprehensive coverage across the entire lifecycle of a cybercrime event via primary and excess policies designed for organizations with $100 million to $5 billion in revenue.

Resilience provides unique capabilities to CISOs and risk managers, including actionable cyberrisk assessments, technical risk engineering, and intuitive coverage that tracks alongside the progression of a cyber incident.

Intact Ventures, a recognized leader in identifying, investing, and partnering with companies that are transforming the insurance industry, will be investing in Resilience and joining Resilience's other investors, including Lightspeed Venture Partners, Founders Fund, CRV, UL Ventures, and notable angel investors including John Thompson, Chairman of Microsoft.

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