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...
Coalition Starts Reinsurance Intermediary Coalition Re Led by Aspen Capacity September 9, 2024 Coalition today announced the creation of its reinsurance intermediary, Coalition Re, to provide capacity for cyber reinsurance treaties and expand...
Markets/Coverages: Coalition Enters Excess Cyber Insurance Market in Australia May 15, 2024 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it entered the excess cyber insurance market in...
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises April 26, 2024 By Nehemiah Balaoroin Cyber claims frequency in the U.S. rose 13% last year, a new report shows. According to Coalition’s 2024 Cyber Claims...
Cyber MGA Coalition Predicts Common Vulnerabilities to Increase 25% in 2024 February 22, 2024 Cyber insurance provider Coalition said it expects the total number of common vulnerabilities and exposures (CVEs) to increase by 25%...
People Moves: Coalition Nabs AIG’s Jones as Head of Global Claims January 25, 2024 Robert Jones has joined Coalition as the head of global claims. He will step into the role Feb. 5. Jones...
Markets/Coverages: Coalition Offers Active Cyber Insurance in Australia November 6, 2023 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, launched its suite of Active Cyber Insurance products in...
Markets/Coverages: Coalition, MS&AD Insurance Offer Cybersecurity Solutions in Japan October 5, 2023 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced a strategic partnership with Japan’s MS&AD Insurance Group...