Reinsurance News
Coalition
Allianz partners up with Coalition
4th July 2022
Allianz has gone into a multi-year partnership with cyber insurance and security provider Coalition. The terms of the agreement will see Allianz provide Coalition with long-term committed capacity for its US cyber insurance programs and will lead the latter’s UK cyber program when it launches later this year. Scott Sayce, global head ... Read the full article
Acrisure partners with Coalition to unveil Cyber Risk Assessment
3rd May 2022
Global insurance broker, Acrisure, has announced that it has entered into a partnership with cyber insurance and security provider, Coalition. Acrisure’s Cyber Services division will offer the Coalition Risk Assessment, which is designed to help small and mid-size organisations understand their cyber and digital risk exposure. The risk assessment offers a personalised ... Read the full article
Coalition and Vantage team up
29th April 2022
Coalition has added Vantage to its US excess cyber program. The move is to be undertaken through the Vantage Risk Specialty Insurance Company. Shawn Ram, head of insurance at Coalition, said: “"We are excited to welcome Vantage to our Coalition as we work to solve cyber risk and provide security for all. ... Read the full article
Ascot backs Coalition’s US cyber program
6th April 2022
Commercial lines insurtech Coalition, has announced the addition of global specialty re/insurer Ascot Group to back its US primary surplus lines cyber program through Ascot Speciality Insurance Company. This new multi-year partnership will help to provide Coalition with long-term capacity for its cyber programs, further accelerating the company’s growth. In 2021, Coalition’s ... Read the full article
Coalition launches cyber-focused Captive
13th December 2021
Commercial lines insurtech Coalition is set to launch a new captive targeting risk on its cyber programs. It's hoped this Captive will enhance Coalition's ability to manage capacity and its long-term growth objectives, whilst also aligning incentives with its customers. The firm's technology-driven approach is eyeing a new, more successful model of ... Read the full article
Coalition acquires Attune
7th October 2021
Coalition, a cyber insurance and security provider, has acquired Attune, a managing general agent (MGA) and technology-powered broker platform for commercial insurance. This acquisition brings both companies together to offer digitally-powered insurance that can leverage vast amounts of data to assess, mitigate and eliminate risk for businesses. Coalition will expand the reach ... Read the full article
Cyber insurer Coalition closes $205mn funding round
28th September 2021
Cyber insurer Coalition has successfully raised $205 million in a funding round that increases its valuation to over $3.5 billion. Coalition will use this injection of capital to accelerate its scale and expand into new insurance lines. The funding round was co-led by Durable Capital, T. Rowe Price Associates and Whale Rock ... Read the full article
Cyber insurer Coalition raises $175m
19th March 2021
Coalition, a cyber insurance and security company, has raised $175 million in a new funding round led by Index Ventures, with participation from General Atlantic and existing investors. The round, which valued Coalition at $1.75 billion, is expected to help the company accelerate its growth ambitions and global expansion. To date, Coalition ... Read the full article
Swiss Re CorSo and Coalition deepen collaboration
12th March 2021
Global reinsurer Swiss Re's commercial insurance arm, Swiss Re Corporate Solutions, has entered into a new multi-year agreement with cyber insurance and security firm, Coalition, to provide broad cyber insurance and technology errors & omissions insurance to SMEs throughout the U.S. and Canada. Coalition launched back in 2017 with backing ... Read the full article
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