Trium Cyber (Syndicate 1322, Lloyd's) (Trium Cyber / Pelican Ventures (independent))

Cyber & Technology E&O Insurance

by Trium Cyber (Syndicate 1322, Lloyd's)
B2BA+MGANIS2Broker onlyEU / EEAEnglish
Last updated Apr 2026

Product Details§ 01

Max Insurance Limit
Bespoke (via Lloyd's capacity).
Min Premium / Revenue
Lloyd's market minimums; high-security-hygiene requirement.
Market Focus
Mid-market to large enterprise.
AM Best Rating
A+ (Superior) – AM Best (via Lloyd's market ratings)
MGA / Direct
Yes – MGA (Lloyd's Syndicate 1322, managed by Asta).
Policy Language
English
NIS2 / DORA Support
UK Cyber Security and Resilience Bill advisory included.
War Exclusion
War and nation-state cyber exclusion applied (LMA-aligned).
Geographic Scope
EU / EEA.
Broker Only
Yes

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

24/7 Crisis Hotline
Via policy documentation (Trium claims team)