Skip to content

Cyber Insurance News

The Leading Source for Cybersecurity Insurance News, Insights and Data

New Tech E&O Coverage for UK & EU Firms – Resilience Expands Cyber Risk Solutions

Posted on April 12, 2025April 12, 2025 By Martin Hinton
A Timely Launch for a Growing Cyber Risk Landscape

As digital transformation accelerates, technology companies face mounting pressure to stay ahead of cybersecurity risks. Recognizing this, Resilience, a global cyber risk management firm, has launched a new Technology Errors and Omissions (Tech E&O) cyber insurance offering for enterprises in the United Kingdom and Europe.

The Tech E&O coverage UK EU is, supported by Accredited Insurances, is designed to protect tech-driven businesses against liabilities arising from product or service failures. This comes at a time when cyber incidents are more disruptive and expensive than ever.

Resilience company logo with white lowercase text on a black background. Used in article about their new Tech E&O coverage UK EU.
Expanded Eligibility: Who Can Benefit From the Coverage?

Resilience’s Tech E&O product is aimed at mid-sized and large enterprises, specifically those earning more than £50 million or €25 million in annual revenue. The offering spans industries such as:

  • Software and SaaS providers
  • Hardware manufacturers
  • Telecommunication firms
  • Web service platforms

Coverage limits go up to £10 million or €10 million, available for primary and excess placements.

Enterprise Cybersecurity Risk Is Evolving and So Must Coverage

A recent survey by Resilience and YouGov, conducted in late 2024, highlights a key concern:

72% of UK enterprise IT and security leaders cite business interruption as their top risk.

Additionally, 38% of those surveyed reported having filed business interruption claims, pointing to a growing need for more specialized tech liability coverage.

The Tech E&O policy provides financial protection and helps companies build stronger cyber resilience by covering legal, compliance, and operational fallout from technology failures.

Expanding Support for the Largest Enterprises

Beyond mid-sized firms, Resilience is extending capacity to businesses with annual revenues of over £10 billion or €10 billion. These larger entities typically face a more complex threat landscape, including:

  • Sophisticated cyberattacks
  • Third-party vendor vulnerabilities
  • Compliance gaps across international jurisdictions

According to Resilience’s research, large companies are twice as likely as smaller ones to consider vendor due diligence effective. Yet, they are also more exposed to critical vendor-related failures. In 2024, nearly a quarter of Resilience’s claims were related to vendor outages.

A Word from Resilience Leadership

Jack Jenner, Managing Director of International Insurance at Resilience, underscores the company’s vision, saying, “Technology is embedded in every company’s operations… Our new Tech E&O coverage, alongside our existing cyber insurance and cyber risk quantification software offerings, provides a more holistic and integrated risk management solution to our clients.”

Jenner’s comment reflects Resilience’s broader approach, which offers integrated tools and services beyond standard cyber liability insurance.

What Makes Resilience’s Tech E&O Coverage UK EU Offering Unique?

Resilience differentiates itself by bundling insurance with proactive cyber risk strategy management solutions. Their offering includes:

  • Risk quantification software
  • Cybersecurity action plans
  • Expert support from seasoned underwriters and claims professionals
A Step Forward in Cyber Risk Strategy

For UK and EU enterprises navigating a landscape of digital dependencies and regulatory scrutiny, Resilience’s Tech E&O launch provides much-needed support and flexibility.

With both mid-sized and massive enterprises in mind, the offering signals a shift toward more adaptive, data-driven cyber insurance models.

Other News: Insurance Europe Urges Enhanced Resilience as EU Cyber Insurance Market Expands(Opens in a new browser tab)

Martin Hinton

Martin Hinton is the Executive Editor and Publisher of Cyber Insurance News and Information. With over three decades of journalism experience across six continents, his work encompasses investigative reporting, documentaries, and coverage of cultural, political, and business news. To learn more about his career, click on his name to visit his LinkedIn page.

Cyber Insurance, Cyber Insurance EU, Cyber Insurance Geographic Markets, Cyber Insurance UK, EU Cybersecurity Tags:Accredited Insurances, business interruption, cyber insurance, enterprise cybersecurity, Resilience, Tech E&O, vendor risk

Post navigation

Previous Post: Digital Healthcare Booms Amid Rising Cyber and AI Risks – CFC Report Finds
Next Post: Ransomware Attacks Surge 20% in 2024: At-Bay’s New Report Warns Mid-Sized Companies

Related Posts

  • Mosaic, Incyde Risk, and Safe Security Partner to Strengthen Cybersecurity in Financial Sector Cyber Insurance
  • Cyber Insurance to Hit $16.3 Billion in 2025 as Risks Multiply, Says Munich Re Cyber Insurance
  • Onda Teams Up with Panorays to Streamline Cyber Insurance Underwriting Cyber Insurance
  • New Cyber Insurance Option for Start Ups & SMBs from Coverdash, Via Lending Tree Cyber Insurance
  • Cyber Insurance Singapore: Uptake Falls Despite Rising Digital Risks Cyber Insurance
  • AI to the Rescue for Cyber Insurers? Not so Fast, Says New York State AI & Cyber Insurance

Get the Cyber Insurance Newsletter

Receive weekly updates on the top news on cyber insurance.

Cyber Insurance News

Cyber Insurance News
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

We explore:
• Why Main Street is more vulnerable than Wall Street
• Common SMB cybersecurity blind spots (like ACH fraud)
• The evolving role of managed service providers
• How Cork Protection blends cybersecurity and cyber insurance
• Real-world attack case studies and practical advice for SMBs

Whether you’re a small business owner, MSP, or cyber pro, this episode unpacks how to prepare, prevent, and protect your organization in today’s digital world.

📌 Topics: cybersecurity, cyber insurance, social engineering, SMB protection, ransomware, AI in security, MSPs

🎙 Guest: Dan Candee, CEO of Cork Protection
📢 Host: Martin Hinton, Executive Editor, Cyber Insurance News

👉 Don’t forget to like, comment, and subscribe for more insights on cyber insurance and digital defense!

#CyberSecurity #CyberInsurance #SMB #AI #CyberPodcast #BusinessResilience #smallbusiness #sme
00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
26:05 MSP/ MSSP The Lingo decoded
29:05 Finals Thoughts and a bit of Hope!
SMBs Are Cyber Targets | Dan Candee on Cyber Resilience & AI | Cyber Insurance News Podcast EP#6
Cyberattack on Small Business is on the rise—and AI is making it worse. In this episode of the Cyber Insurance News Podcast, host Martin Hinton sits down with William Altman of CyberCube to unpack how AI is enabling threat actors to more efficiently target and exploit small businesses.

🔐 From credential stuffing to brute force attacks, William explains how cybercriminals use AI to bypass login portals and MFA solutions—putting millions of small business owners at risk.

🎙️ Timestamps:
0:00 - Introduction
6:26 - William Altman on AI and threat actors
6:50 - Credential stuffing, brute force & reused credentials
10:00 - What small businesses can do right now
14:20 - The future of AI in cybercrime

🎧 Don’t miss this crucial update on the cybersecurity landscape for small businesses. Subscribe and stay informed.

#cyberattack #smallbusiness #AI #cybersecurity #CyberCube
Cyberattack on Small Business: How AI Supercharges Cyber Threats | William Altman @CyberCube"
AI and Cyber Threats! In this eye-opening clip from the most recent episode of the Cyber Insurance News & Information Podcast, William Altman of CyberCube explains how artificial intelligence (AI) is not yet redefining the cyber threat landscape—but it’s coming.

🔍 Learn how AI may accelerate ransomware tactics, why smaller businesses are most vulnerable.

Altman also warns about the unpredictable rise of Artificial Intelligence and urges listeners to prepare for an uncertain cyber risk landscape.

🎧 Full Episode: https://youtu.be/TbHxosvWhiU?si=E4e9vpazIKd3fm5d
💡 Don’t miss this must-watch insight for cybersecurity, insurance, and risk professionals.
Cyber Threats & AI: What You Must Know – nsights from William Altman | CyberCube #cybersecurity
Load More... Subscribe

Categories

  • 8-K
  • AI & Cyber Insurance
  • AI & Cybersecurity
  • Critical Infrastructure cyber insurance and security
  • Cyber Cat Bonds/Cyber Catastrophe Bonds
  • Cyber Insurance
  • Cyber Insurance APAC
  • Cyber Insurance Best Practices
  • Cyber Insurance Captive
  • Cyber Insurance Carriers & Brokers
  • Cyber Insurance Claims
  • Cyber Insurance EU
  • Cyber Insurance Financial Institutions
  • Cyber Insurance for Government
  • Cyber Insurance for Healthcare
  • Cyber Insurance for Schools
  • Cyber Insurance for SMEs/SMBs
  • Cyber Insurance For Startups
  • Cyber Insurance for Utilities
  • Cyber Insurance Geographic Markets
  • Cyber Insurance Industry Groups
  • Cyber Insurance Investments and M&A
  • Cyber Insurance Jobs
  • Cyber Insurance Laws & Regulations
  • Cyber Insurance Litigation
  • Cyber Insurance Market Size
  • Cyber Insurance MENA
  • Cyber Insurance News & Information Podcst
  • Cyber Insurance People
  • Cyber Insurance Policies & Strategies
  • Cyber Insurance Premiums
  • Cyber Insurance Reports
  • Cyber Insurance Settlements
  • Cyber Insurance Sunday – Upload
  • Cyber Insurance Systemic Risks
  • Cyber Insurance Tech
  • Cyber Insurance Threats
  • Cyber Insurance UK
  • Cyber Insurance Underwriting
  • Cyber Insurance Wholesaler
  • Cyber Regulations
  • Cyber War Exclusions
  • Cybersecurity
  • Cybersecurity and Credit Ratings
  • Cybersecurity for SMBs
  • Cybersecurity in Education
  • Cybersecurity Investment
  • cybersecurity jobs
  • cybersecurity M&A
  • Cybersecurity people
  • Cybersecurity Report
  • Cybersecurity Training
  • Department of Homeland Security
  • EU Cybersecurity
  • Insurance Linked Securities/ILS
  • Insurance Loss Warranty contract/ILW
  • Managed Service Providers
  • National Association of Insurance Commissioners' (NAIC) model cybersecurity law
  • Non-criminal Claims/Non-Malicious Claims
  • Opinion/Commentary
  • Personal Cyber Insurance
  • Personal CyberSecurity
  • Ransomware Insurance
  • Reinsurance
  • Risk Modeling
  • SEC Cyber Disclosure Rule
  • Small Business
  • Supply Chain Cybersecurity And Insurance

Send Ideas, Requests & Comments




    Tags

    AI Artificial Intelligence At-Bay Beazley CFC Chubb Cloud Security Coalition Corvus Cowbell Cowbell Cyber crowdstrike cyber attack cyber crime Cybercrime CyberCube cyber insurace cyber insurance cyberinsurance cyber insurance for small businesses Cyber Insurance Market Cyber liability Insruance cyber liability insurance cyberliabilityinsurance Cyber Resilience Cyber Risk Cyber Risk Management cyber security Cybersecurity cybersecurity insurance Cyber threats Data Breach Howden Lloyds Marsh Microsoft personal cyber insurance phishing Ransomware Ransomware Insurance reinsurance Resilience Risk Management SecurityScorecard small business
    • Cyber Insurance Books
    • Cyber Insurance Reports & Documents
    • Cyber Insurance Acronyms/Terms
    • Cyber Insurance Companies: Carriers, Brokers & Vendors
    • Industry Response: Potential Federal Insurance Response to Catastrophic Cyber Incidents
    • Ransomware Insurance
    • How Much Is Cyber Insurance?
    • Considerations for Buying Cyber Insurance
    • Cyber Liability Insurance Near Me
    • Cyber Insurance Quote
    • Newsletter
    • Legal Analysis & Full Text of 2023 SEC Rule: Cybersecurity Risk Management, Strategy, Governance, and Incident Disclosure
    • Glossary
    • About Cyber Insurance News
    • Privacy Policy

    • AdvantageGo and FortifyData Partner to Enhance Cyber Risk Scoring for Insurance Industry Risk Modeling
    • Sixfold Expands AI Capabilities to Help Insurers Adapt to Growing Cyber Risks Cyber Insurance Underwriting
    • Cyber Supply Chain Risks Gain Prominence: Report Cyber Insurance Reports
    • Most K-12 Schools Have Cyber Insurance, But Still Lack Basic Security Measures:  MS-ISAC Report  Cyber Insurance Best Practices
    • Cowbell Integrates with Cloudflare Cyber Insurance
    • CISO Global and Cyber Assurance Group Launch Cyber Resilience Platform for SMBs AI & Cyber Insurance
    • Open Wide! Cyber Insurance for Dentists…  Cyber Insurance Policies & Strategies
    • Ransomware Payments Down & Cyber Insurance Played Important Role  Cyber Insurance Best Practices

    Related Cybersecurity Sites

    http://www.whatiscyberliability.com

    https://www.whatiscyberinsurance.com

    http://www.ddosattacktutorial.com

    http://www.ransomwareremovaltool.com

    Our Privacy Policy: https://cyberinsurancenews.org/privacy-policy/

    Copyright © 2024 Cyber Insurance News.

    Powered by PressBook Premium theme