Resilience Cyber Insurance Solutions raises $100 million

Resilience Cyber Insurance Solutions LLC said Monday it had secured $100 million in series D funding led by Intact Ventures, an affiliate of Resilience’s primary capacity provider, Intact Insurance.

The funding will be used to accelerate the expansion and scaling of the Resilience cyber risk platform, the company said in a statement.

Resilience, which said it had raised more than $225 million in prior funding, serves primary and excess insurance buyers in the U.S., Canada and Europe.

The cyber insurer, which was founded in 2016, had said in June it was expanding into Europe.

Intact Ventures is a member of Intact Financial Corp., the largest provider of property/casualty insurance in Canada.