Every password we set, tools we use, and network we access leaves us exposed and vulnerable to cyber threats. As small and midsize businesses become increasingly dependent on services and applications connected to the internet, they also become a larger target for cybercriminals looking to exploit vulnerabilities in their systems. With cyber risk on the rise, we are glad to announce the launch of Coalition’s Cyber Insurance on our platform, providing our brokers easy access to a comprehensive insurance product and security to small businesses.
Founded in 2017 with a mission to solve cyber risk, Coalition is a leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. Headquartered in San Francisco, Coalition's global team has employees based across the United States, Canada, the United Kingdom, Switzerland, and Portugal. Coalition acquired Attune in October 2021, building a shared vision for the future of insurance where technology can help businesses solve all kinds of risks. With the addition of Attune, Coalition becomes the world’s largest commercial insurtech company serving over 130,000 customers.
Attune’s focus is always the brokers, and we want to provide you with access to a full suite of products and digital tools that simplify the entire lifecycle of insurance. As we build our offering to become your one-stop-shop for small business insurance, we continue adding best-in-class insurance products, and Coalitions’ cyber insurance is one of those.
Backed with the financial security of Swiss Re Corporate Solutions, Lloyd's of London, and Argo Group (A+, A, and A- ratings, respectively, by A.M. Best), it provides companies with up to $15 million of cyber and technology insurance coverage in all 50 states and the District of Columbia.
In addition to this, Coalition's cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in cyberattacks.
By applying data and technology expertise to mitigate current and emerging risks, we are building the platform, knowledge, and capabilities to empower new digital brokers of the future.
Complete cyber protection
Coalition takes a unified approach to digital risk, supporting insureds before, during, and after security incidents with active monitoring, incident response, and comprehensive insurance.
24/7 security monitoring and alerts. Their tools and team help secure an organization to prevent cyber incidents.
Speed is critical when responding to security incidents. Coalition is the only cyber insurance provider with a dedicated in-house cyber claims and incident response team.
Coalition’s complete insurance policy helps your clients recover financially and operationally to get back to business.
Coalition found existing cyber insurance policies lacking, so they created their own. Full limits include enhanced business interruption cover, protection from cyber attacks, computer replacement coverage (an industry first—only available through Coalition), etc.
Coalition’s Cyber policy coverage extends to:
*Senior executives and employees are covered so long as their actions are in the normal scope of a company's business operations.
Want to learn more? Check out this resource page with coverage guides, insured resources, a cyber security checklist, and more.