Cyber & Technology E&O Insurance
Cyber & Technology E&O Insurance is a cyber insurance product underwritten by Trium Cyber (Syndicate 1322, Lloyd's) (Trium Cyber / Pelican Ventures (independent)), available in UK. It is aimed at mid-market companies, large enterprises and multinational groups. Coverage limits reach up to Bespoke (via Lloyd's capacity).. Policyholders get 3 bundled proactive services — Vulnerability scanning, Threat intelligence and MDR / EDR — designed to reduce breach risk before a claim ever happens. The carrier holds an AM Best rating of A+ (Superior) – AM Best. The product signals support for NIS2/DORA regulatory requirements. It is distributed through insurance brokers.
Product Details§ 01
Advantages & Limitations§ 02
Advantages
- First-ever Lloyd's-approved mono-line cyber syndicate (approved Jan 2023).
- US and UK platforms; globally focused on high-security-hygiene clients.
- Real-time loss mitigation: active threat monitoring, vulnerability scanning, TacitRed™ threat intelligence platform across insured portfolio.
- AttackIQ Flex: on-demand cyberattack simulation for policyholders.
- HITRUST certification integration: first insurer to underwrite based on HITRUST r2 certification results — enables lower premiums for high-assurance clients.
- Excess cyber programme powered by Origami Risk.
- 2024 combined ratio: 71.8% — 5th-best performing syndicate in Lloyd's market; leading performer in class of 2023 syndicates.
- Backed by Pelican Ventures; managed by Asta (leading third-party Lloyd's managing agent).
Limitations
- Focus on clients with demonstrably strong security hygiene — not appropriate for low-maturity or high-risk profiles.
- Newer syndicate (est. 2023); smaller capacity than established players.
Contact & Response§ 03
Frequently asked questions§ 04
+Who is Cyber & Technology E&O Insurance designed for?
Cyber & Technology E&O Insurance by Trium Cyber (Syndicate 1322, Lloyd's) targets mid-market companies, large enterprises and multinational groups in UK. Geographic scope: EU / EEA..
+What proactive security services are included with Cyber & Technology E&O Insurance?
The policy bundles 3 proactive services: Vulnerability scanning, Threat intelligence and MDR / EDR. These preventive services are typically included in the premium.
+Does Cyber & Technology E&O Insurance help with NIS2 or DORA compliance?
Trium Cyber (Syndicate 1322, Lloyd's) indicates the following NIS2/DORA support for this product: UK Cyber Security and Resilience Bill advisory included..
+How can I buy Cyber & Technology E&O Insurance in UK?
Cyber & Technology E&O Insurance is sold through insurance brokers — broker contact: https://www.triumcyber.com/. Compare it with alternatives in UK on Ryskly before approaching a broker.