Markets/Coverages: Coalition Enters UK Excess Cyber Insurance Market March 13, 2023 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it will enter the excess cyber insurance market...
London Cyber Decoys Attacked 91 Million Times in January by Over 101,000 Hackers March 3, 2023 Computers specially configured to make cyber criminals think they were small businesses operating in London were attacked by hackers over...
Coalition Cyber Insurance Now Offered to Large Enterprises With Revenue Up to $5B February 14, 2023 Coalition announced it has expanded its cybersecurity insurance offering to enterprise businesses with revenues up to $5 billion. The company’s...
Coalition Launches Full-Stack Cyber Insurer for SMBs January 31, 2023 Insurtech Coalition on Jan. 30 announced the launch of a full-stack cyber insurance carrier. Coalition Insurance Company (CIC), what Coalition...
Cyber MGA Coalition and BDT Capital Partners Launch Bermuda Reinsurer Ferian Re October 13, 2022 Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B...
Phishing Triggers Majority of Cyber Claims in 2022 First Half: Coalition September 14, 2022 By Chad Hemenway Claims are down among Coalition policyholders in the first half of 2022, but small businesses became bigger targets and an...
Coalition to Now Offer Cyber Policies With Acquisition of Admitted Carrier August 15, 2022 Coalition said it received regulatory approval and completed the acquisition of Digital Affect Insurance Company from Munich Re Digital Partners...
People Moves: Anderson Joins Safety National Cyber Team; Coalition Hires First CFO August 8, 2022 Steven Anderson joins Safety National’s Cyber Insurance Team Steven Anderson has joined the Safety National cyber insurance team as Director...
Coalition Closes $250M in Series F Funding, Bringing Its Valuation to $5B July 8, 2022 Coalition announced it has raised an additional $250 million to accelerate its growth, power international expansion and broaden the services...
Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard March 2, 2022 By Chad Hemenway Cyber claims from small and midsize businesses saw a “material uptick” in 2021, with funds transfer fraud a main culprit,...