Cyber MGA Resilience now coverholder at Lloyd’s

Resilience, a managing general agent (MGA) providing cyber insurance and security solutions, has bagged delegated authority as a coverholder at Lloyd’s, the insurance and reinsurance marketplace.

As a coverholder, Resilience will be positioned to deliver its comprehensive cyber risk management and insurance solutions to the global insurance marketplace served by Lloyd’s.

Resilience said cyber risk is highly complex and difficult to address under traditional risk transfer approaches. It offers intuitive cyber coverage based on advanced analytics and in-house expertise from claims handling to security engineers.

"We are thrilled to be accepted into one of the world's largest and most respected insurance entities," said Vishaal Hariprasad (pictured), CEO of Resilience.

"Lloyd’s has been a creative force in cyber insurance since the earliest days of the coverage and remains a leading market for the line of business throughout the world. Our Insure and Secure solution fits well within Lloyd’s tradition of sharing risk in order to protect and build resilience."

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