Reinsurance News
Coalition
Coalition partners with Allianz Commercial to launch active cyber insurance in the Nordic region
1st May 2025
Coalition, an active insurer focused on preventing digital risks through its subsidiary, Coalition Insurance Solutions, a filial of Coalition Insurance Solutions GmbH, Tyskland, has launched its Active Cyber Insurance in the Nordic region. The offering is available immediately in Denmark, and will become available in Sweden on May 8th, 2025. To offer ... Read the full article
Coalition launches Active Cyber Policy with enhanced coverage
10th April 2025
Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape. Shawn Ram, Chief Revenue Officer at Coalition, said, “With the launch of the Active Cyber Policy, Coalition is ... Read the full article
Cyber threats surge in 2025 as Coalition highlights rising risks and new trends
14th March 2025
Coalition, an Active Insurance provider focused on managing digital risks, has published its Cyber Threat Index for 2025. The report provides an in-depth analysis of cybersecurity trends from 2024 and highlights emerging threats that businesses should be aware of in 2025. A major takeaway from the report is that the majority of ... Read the full article
Coalition appoints Maha Virudhagiri as Chief Technology Officer
14th March 2025
Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Maha Virudhagiri as its first Chief Technology Officer. In this role, Virudhagiri will report to Joshua Motta, CEO and co-founder of Coalition, and will be a member of the company's executive team. He will lead engineering, IT, information ... Read the full article
Coalition secures $30m investment from MSI, expanding Active Insurance offerings
3rd March 2025
Coalition, a provider of Active Insurance focused on preventing digital risks before they occur, has announced a $30 million equity investment from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a key member of the MS&AD Insurance Group, the largest non-life insurer in Japan and the broader Asia-Pacific region. This strategic partnership is ... Read the full article
Understanding, calculating & underwriting systemic risk is cyber’s biggest challenge today: Coalition
27th November 2024
As cyber continues to remain one of the biggest lines of business across the re/insurance industry, there are a number of challenges that the cyber market is currently facing, in light of the recent number of data breaches and major cyber events that the industry has seen throughout the past ... Read the full article
Coalition adds Rob Kanno to its UK Security Support Centre
26th November 2024
Coalition, an active insurer focused on preventing digital risks, has announced the appointment of Rob Kanno as Senior Security Support Analyst. Based in Manchester, Kanno is joining Coalition’s UK Security Support Centre, and will be reporting to Ryan Gregory, Head of Security Support, who commented: “Coalition’s Security Support Team is pivotal ... Read the full article
Coalition highlights 68% surge in ransomware claims severity
21st November 2024
Coalition, an active insurance provider aimed at preventing digital risks before they occur, has released its 2024 Cyber Claims Report: Mid-Year Update, which highlights new trends in cyber threats and their effects on Coalition policyholders in the first half of 2024. One key finding from the report was a 68% increase ... Read the full article
Munich Re’s Matt Foster joins Coalition as Head of London Markets
18th November 2024
Coalition, an active insurer focused on preventing digital risks, has appointed Matt Foster as its Head of London Markets. In the role, Foster will serve as the lead underwriter for the London Market and complex risks, reporting to Stephen Wares, Head of International Underwriting. Foster began his career as a Graduate Trainee ... Read the full article
The Hartford and Coalition partner to tackle growing demand in UK cyber market
29th October 2024
Property & casualty (P&C) insurer The Hartford and Coalition, a cyber insurer, have entered into a strategic, long-term capacity partnership to combat the growing customer and broker demand for Coalition’s Active Cyber Insurance approach in the UK market. Coalition’s Active Cyber Insurance offering is designed to help organisations spot, mitigate, and ... Read the full article
Coalition helps UK policyholders recover stolen funds from cyberattacks with new service
17th October 2024
Coalition, an active insurer focused on preventing digital risks, has launched a service dedicated to recovering funds stolen by cyber attackers in the UK. Designed to intercept funds in the banking system before an attacker can move them, the cyber insurer’s new ‘clawback’ service has recently proven a success with the ... Read the full article
AIG’s Simonsen joins Coalition as European Head of Insurance
3rd October 2024
Coalition, an active insurer focused on preventing digital risks, has appointed Tine Simonsen as its Head of Insurance for Continental Europe. Simonsen has nearly 14 years of experience as a specialist within the Financial Lines & Cyber Insurance segments, focusing on products such as Cyber Insurance, D&O Insurance, and Professional Indemnity. In ... Read the full article
Philip Cruickshank joins Coalition as Regional Underwriter for cyber risk prevention
11th September 2024
Coalition, the insurance provider focused on actively preventing digital risks, has appointed Philip Cruickshank as Regional Development Underwriter in Manchester. Stephen Wares, Coalition’s International Head of Underwriting, commented: “Philip is a major hire for our team in the North and a well-known industry figure in the region. "At Aon, where he was ... Read the full article
Coalition Re launched to provide active cyber reinsurance backed by Aspen-led capacity
9th September 2024
Coalition, an active insurance provider focused on preventing digital risks before they occur, has launched Coalition Re, a reinsurance intermediary offering active cyber reinsurance through two products supported by Aspen-led capacity. Coalition Re offers capacity for non-proportional cyber reinsurance treaties and a white-label cyber insurance product with up to 100% quota ... Read the full article
Fiona McMartin joins Coalition as Assistant Underwriter for active cyber insurance
29th August 2024
Coalition, an active insurance provider focused on preventing digital risks before they occur, has appointed Fiona McMartin as Associate Underwriter in its London office. McMartin launched her insurance career in 2022 through RSA’s graduate programme, where she initially served as a team leader in client services. She later transitioned to RSA’s cyber ... Read the full article
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