Cyber market has reached an ‘inflection’ point: Resilience CEO Vitale
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Cyber market has reached an ‘inflection’ point: Resilience CEO Vitale

James Thaler
May 20, 2021
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Resilience logo cyber San Fran with Vitale.jpg

The chief executive of newly launched cyber MGA Resilience said that the combination of recent high-profile loss events, the greater availability of underwriting data, and tightening underwriting criteria has pushed the cyber market to an “inflection point”, reminiscent of the D&O market of an earlier era.

Speaking to this publication in an interview, industry veteran Mario Vitale said a wave of prominent ransomware attacks in the past year, such as that on Colonial Pipeline earlier this month, had both increased the urgency among insureds to...

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News Cyber
JT
James Thaler
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