Markets/Coverages: Coalition Launches Cyber Insurance for Businesses in Nordic Region

Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance product in the Nordic region.

Coalition’s offerings are available in Denmark as of May 1, 2025, and will become available in Sweden on May 8, 2025.

Coalition offers insurance products in Denmark and Sweden with capacity provided by Allianz Commercial in a multi-year agreement. Coalition’s Active Cyber Insurance is available to businesses with up to 7.5 billion Danish krone (US$1.14 billion) and 11 billion Swedish krona (US$777 million) in revenue on a primary basis with no minimum premium requirement. Allianz’s current cyber product remains available without any change.

“Businesses within the Nordics will benefit from access to an offering that combines comprehensive insurance with meaningful cybersecurity insights and tools to help them manage and mitigate cyber threats,” said Tine Simonsen, Coalition’s head of Insurance, Continental Europe, in a statement.

“As cyber threats grow exponentially globally, preventing digital risk before it strikes has never been more important, and with the entrance of Active Insurance in the region, Coalition aims to provide greater protection for all European businesses,” Simonsen added.

The products are available through Coalition’s Danish subsidiary, Coalition Insurance Solutions, filial af Coalition Insurance Solutions GmbH, Tyskland.

Coalition has already hired Jacob Bondorff Skræddergaard as head of Business Development for the Nordic Region. He was formerly head of Nordic Business Development at RiskPoint.

“As our 2025 Allianz Risk Barometer has once again shown, cyber risks are among the greatest threats to companies worldwide — and have been for years. We are now complementing our established cyber product for complex risks of all kinds and multinational requirements with Coalition’s offering,” according to Margaretha Mo, managing director, Nordics, at Allianz Commercial.

“This allows us to support our customers in Denmark and Sweden even further in managing their cyber risks, quickly identifying damages, and ideally even preventing them altogether,” Mo said.

Brokers in Denmark can start quoting now by submitting requests directly to Coalition’s expert underwriting team at help@coalitioninc.dk. For more information about Coalition and Active Insurance, visit: https://www.coalitioninc.com/dk.

Coalition said its end-to-end platform streamlines the quoting process, allowing brokers to generate bindable quotes in minutes. Coalition also provides extensive training materials and resources to help brokers advise their clients on cyber risk. Coalition’s cyber risk management platform, Coalition Control®, alerts policyholders about vulnerabilities and cyber threats on an ongoing basis. This continuous monitoring helps businesses identify risks before they lead to cyber incidents. If an incident occurs, Coalition’s claims and incident response teams are available to help businesses quickly recover and resume normal operations.

Source: Coalition

Topics Cyber New Markets