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Resilience Cyber Insurance Solutions said Thursday it is introducing a modular approach to its coverage.
The San Francisco-based program manager said modularity enables policy amendments to be updated immediately with clear language.
It said its process for modularity includes three layers: assembly of policy content that adds only relevant content to the policy; in-line policy amendments that allow the underwriter to make selections from a pool of existing amendments; and dynamic test fields, which are open text fields that can be populated with a variety of inputs.
Resilience, previously known as Arceo.ai, relaunched as a program manager in November 2020 with capacity provided by Toronto-based Intact Financial Corp.
Resilience Cyber Insurance Solutions, a San Francisco-based program manager, said Tuesday that former Chubb Ltd. executive Kyle Bryant is joining it as international chief underwriting officer to lead its overseas expansion.