About

Resilience Cyber provides a solution that combines cyber insurance with real-time data and analytics to help businesses manage cyber risks. Their platform allows insurers to better assess and underwrite cyber risks by offering tools for loss prevention, cyber risk quantification, and simulations of breaches and attacks. This approach helps organizations improve their cybersecurity measures and prepares them for potential cyber threats. Unlike many competitors, Resilience Cyber focuses on integrating proactive risk management with insurance, aiming to enhance the overall cyber resilience of their clients. The goal is to empower businesses to effectively navigate the complexities of cyber threats and minimize their impact.

Simplify's Take

What believers are saying

• The $100MM Series D funding round led by Intact Ventures and Lightspeed Venture Partners provides significant capital for global expansion and scaling.
• The addition of Technology E&O coverage broadens Resilience's market reach, particularly among mid-sized and large enterprises.
• Strategic hires like Dan Rance and senior appointments in underwriting, claims, distribution, and security bolster the company's expertise and operational capacity.

What critics are saying

• The increasing frequency of cyber attacks, such as those by Scattered Spider, poses a constant threat to the company's clients and could impact its reputation.
• The competitive landscape in cyber insurance and risk management is intense, with many players vying for market share.

What makes Resilience Cyber Insurance unique

• Resilience Cyber Insurance uniquely combines cyber insurance with cyber risk management solutions, offering a holistic approach to managing cyber threats.
• The company's recent launch of Technology Errors & Omissions (E&O) coverage sets it apart by addressing a historically challenging area for the insurance market.
• Resilience's acquisition of BreachQuest enhances its incident preparedness capabilities, making it a more comprehensive solution provider in the cyber insurance space.

Help us improve and share your feedback! Did you find this helpful?

YesNo