Coalition, an active insurer focused on preventing digital risks, has launched its Private Equity Practice, designed to help firms manage cyber risk.
This new cyber insurance solution was developed with private equity-focused brokers. Its bespoke design will help private equity firms, sponsors, general partners, and their portfolio companies to manage complex, fast-moving cyber risks from deal screening through exit.
Shawn Ram, Coalition’s Chief Revenue Officer, said: “In private equity, a single cyber incident at one company can affect the entire fund. That’s why investment and risk teams need visibility into the biggest cyber issues affecting both target companies and their entire portfolios.
“I’m thrilled that Marcin Weryk, a seasoned leader at Coalition who is experienced in the private equity industry, will lead this new practice and help guide firms through their cyber risk journeys.”
By applying Coalition’s proven Active Insurance model, private equity firms receive a holistic approach to managing cyber risk across their investment portfolios, the firm notes.
Investment and risk teams gain essential visibility into cyber issues, supported by structured, capital-efficient cyber insurance and a suite of cybersecurity tools and services. This offering is designed to complement their broader investment strategy.
Furthermore, Coalition offers comprehensive protection against critical threats, including ransomware, funds transfer fraud, and invoice manipulation.
The flexible policy structures are tailored to the specific investment strategies of private equity firms, and they are backed by rapid claims support.
Marcin Weryk, Coalition’s new Private Equity Practice Leader and Head of Northeast and Central Regions, commented: “Private equity firms need speed and certainty in cyber due diligence without sacrificing rigor.
“Our goal is simple: provide private equity companies with custom cybersecurity and insurance solutions that meet both their needs and those of their portfolio companies. With this practice, deal teams can manage their cyber risk so they can reduce surprise losses, protect cash flow, and keep deals on schedule.”
Coalition’s active cyber insurance for private equity firms offers: a 24-hour turnaround on cyber security assessments, unified portfolio visibility, flexible transition support, comprehensive cyber insurance coverage, specialist underwriting and claims, financial and technical recovery, and integrated security services.
Coalition’s cyber insurance for private equity firms and their portfolio companies is available to eligible organisations in the US and Canada (excluding Quebec) through Coalition’s broker partners, with plans to expand availability internationally.
