Intact, Resilience Insurance to Provide Cyber Risk Coverage, Services

November 19, 2020

Intact Insurance Specialty Solutions, the brand for Intact Financial Corporation’s (IFC) U.S. insurance company subsidiaries, has launched cyber insurance options that will be offered in partnership with program manager Resilience Insurance.

Through the new partnership, standalone cyber coverages coupled with cyber risk assessments and technical risk engineering will be available to commercial middle-market clients through select retail brokers. Coverages will initially be written on non-admitted paper.

Resilience works to secure enterprises from cyber threats with cybersecurity resources, risk assessments and risk transfer. Resilience Insurance can help companies to be more proactive against cybersecurity attacks, with coverages provided by Intact Insurance’s underwriting companies.

Intact Insurance Specialty Solutions’ underwriting companies offer a range of specialty insurance products through independent agencies, regional and national brokers, wholesalers and managing general agencies throughout North America. Each business is managed by a team of specialty insurance professionals focused on a specific customer group or industry segment providing products and tailored coverages and services.

Intact Financial Corporation offers property and casualty insurance in Canada and specialty insurance in North America, with over CAD$11 billion in total annual premiums. The Company has approximately 16,000 employees who serve more than five million personal, business and public sector clients through offices in Canada and the U.S.

In Canada, Intact distributes insurance under the Intact Insurance brand through a network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. Frank Cowan Company, a leading MGA, distributes public entity insurance programs including risk and claims management services in Canada.

In the U.S., Intact Insurance Specialty Solutions provides a range of specialty insurance products and services through independent agencies, regional and national brokers, and wholesalers and managing general agencies. Products are underwritten by the insurance company subsidiaries of Intact Insurance Group USA, LLC.

Resilience provides insurance coverage and patented cybersecurity tools to protect mid-market companies. Resilience is backed by Lightspeed Venture Partners, Founders Fund, CRV, Intact Ventures, UL Ventures and John Thompson, chairman of Microsoft.

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