Insurer Coalition: Costs From Business Email Compromise Rise in 2024 May 12, 2025 About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including...
Markets/Coverages: Coalition Launches Cyber Insurance for Businesses in Nordic Region May 1, 2025 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance product...
Most Ransomware Claims Begin With Compromised Perimeter Security: Coalition March 12, 2025 More than half of ransomware claims in 2024 started with threat actors compromising perimeter security appliances, according to a new...
Cyber Insurance Firm Coalition Gets $30M Equity Investment From Mitsui Sumitomo March 4, 2025 Global cyber insurance provider Coalition announced a new $30 million equity investment from Insurance Co., Ltd. (MSI), a member of...
People Moves: Karmilowicz Resigns as Chair of Everest Global Insurance; TMK Taps AXIS’ Furness-Smith as APAC Cyber U/W; Coalition Names Kanno for UK Cybersecurity December 4, 2024 This edition of International People Moves details resignations and appointments at two insurers — Everest Group and Tokio Marine Kiln...
People Moves: Coalition Taps Munich Re’s Foster as Head of London Mkts.; Hamilton Re Expands Into Credit, Bond & Political Risk Reinsurance With Lottimore Appointment November 27, 2024 This edition of International People Moves details appointments at the MGA Coalition and Hamilton Re. A summary of these new...
Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK October 29, 2024 The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for...
Markets/Coverages: Coalition Launches UK Clawback Service to Recover Money Stolen in Cyber Attacks October 18, 2024 Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the...
Severity of Ransomware Attacks Rose 68% in First Half of 2024, Report Shows October 11, 2024 Ransomware claims severity spiked by 68% to an average loss of $353,000, according to a new report by a cyber...
People Moves: Coalition Appoints AIG’s Simonsen as European Head of Insurance October 7, 2024 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of...