Resilience, a cyber risk solutions company, has been named MGA of the Year by Intelligent Insurer at the Cyber Insurance Awards Europe. The judges praised Resilience for building mitigation and prevention technologies, offering simulation tools and real-time monitoring whilst reducing ransomware payments and improving underwriting accuracy. The company expanded its European offerings in 2025, introducing Technology Errors and Omissions coverage and extending cyber insurance capacity for clients from €25 million to over €10 billion. These expansions helped drive 48% growth in gross written premium during the period. Resilience operates across the United States, United Kingdom, Canada and Europe, offering integrated solutions including risk quantification software, cybersecurity expertise and insurance coverage. The company is backed by investors including General Catalyst, Lightspeed Venture Partners and Founders Fund.

Resilience, a leader in cyber risk solutions, today launched the industry’s first Cyber Risk Calculator to provide organizations with a financial snapshot of their cyber risk. The AI-powered tool provides security and risk practitioners and C-Suite executives alike with a common, data-driven language to better understand and quantify their cyber risk. The Cyber Risk Calculator uses industry benchmarks to help stakeholders understand their risk exposure and potential financial losses due to cyber-related incidents. Existing strategies for understanding cyber risk, such as heat maps, focus on vague ratings that don’t adequately translate cyber risk into financially tangible terms. As smarter threat actors, AI-powered hacking capabilities, and increased interdependence introduce new variables to the threat landscape, teams want to prioritize their cyber business decisions to control losses. And as third-party risk skyrockets—with Resilience’s own research finding that vendor-related cyber insurance claims led to losses for the first time ever last year—companies are tasked with assessing not only their own security postures, but that of their partners, too

Tech E&O available for clients with £50m/€25m+ in revenue as 72% of SMEs cite business interruption as leading concernCyber risk solutions now available to £/€10bn+ revenue businesses with large enterprises facing increasingly complex risksLONDON, April 10, 2025 /PRNewswire/ -- Resilience, the leading provider of cyber risk solutions, announces the introduction of its coverage for Technology Errors and Omissions (Tech E&O) in the UK and Europe, supported through a new partnership with Accredited Insurances.Resilience now offers Tech E&O coverage for clients with more than £50 million or €25 million in annual revenue in the UK and Europe, respectively. Under this, Resilience provides protection for hardware, software, telecommunications providers, and web services, with limits up to £10 million or €10 million available for the UK and Europe, respectively, for both primary and excess placements.A Resilience survey of IT and security leaders in UK companies with greater than £100m in annual revenue in Q4 2024, in partnership with YouGov, found that business interruption was the primary concern for 72% of enterprises. Further, it was cited as the leading cause of claims for UK businesses, with 38% filing such claims. Tech E&O aims to address this, protecting technology companies from liability.Tech E&O supports clients in mitigating and covering liability arising from technology products and services and is a cornerstone of building cyber resilience. Resilience's solutions, which provide clients with financially-proven risk models, data-driven cyber action plans, and support from highly experienced underwriting and claims teams, make them uniquely equipped to manage complex Tech E&O risks.Resilience is also expanding capacity to clients with more than £10 billion or €10 billion in annual revenue, providing broker partners with more options in servicing clients' complex cyber risks, the company said this week.Large enterprises are more attuned to cyber risks. According to Resilience's 2024 UK survey, twice as many large firms compared to their smaller counterparts view vendor due diligence as effective, and large businesses are more likely to consider vendor outages a key concern