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Coalition Strengthens European Operations with Appointment of Tine Simonsen as Head of Insurance

Posted on October 3, 2024October 3, 2024 By Martin Hinton

Coalition has appointed Tine Simonsen as Head of Insurance for Continental Europe, marking a significant step in its European expansion. Coalition, known for its Active Insurance model, is enhancing its presence in the European market with Simonsen at the helm. This move is set to bolster Coalition European operations.

Simonsen brings nearly 14 years of specialized experience in Financial Lines and Cyber Insurance. Her expertise spans Cyber Insurance, Directors and Officers (D&O) Insurance, and Professional Indemnity. Before joining Coalition, Simonsen led the Nordic Financial Lines team at AIG, where she managed the company’s largest profit center in the Nordics. Prior to AIG, she spent a decade at Willis Towers Watson, serving as the Cyber Growth Leader for Northern Europe.

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Kyle Bryant, Coalition’s Head of International, expressed confidence in Simonsen’s leadership. “Throughout her years in specialized insurance, Tine has attained valuable insights into European market strategy, making her the best person to spearhead the expansion of Coalition’s Active Insurance across Europe,” Bryant said. He emphasized the importance of having a leader with deep knowledge of the industry to drive Coalition’s global mission of protecting the unprotected.

Simonsen is equally enthusiastic about joining the Coalition team. “Coalition is on a journey to change the cyber risk mitigation landscape by combining technology and security insights with insurance best practices,” she commented. “They are actively helping policyholders before they experience a loss, effectively ushering in a new era of cyber insurance.”

With Simonsen’s appointment, Coalition aims to strengthen its footprint in Europe, advancing its proactive approach to mitigating digital risks and delivering innovative insurance solutions to the region.

Source: Coalition Appoints Tine Simonsen as European Head of Insurance.

Other News: Coalition Buys Prop/Casualty Insurer from Munich Re (Opens in a new browser tab).

Other News: Wave of record-breaking DDoS attacks originating from compromised WiFi routers.

Cyber Insurance People Tags:Coalition, Coalition Insurance Company (CIC), cyber insurance, cyber insurance in europe, cyber liability insurance, Cybersecurity, EU, Tine Simonsen

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In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
SMB Cyber Threats - In this episode of the Cyber Insurance News Podcast, host Martin Hinton talks with Dan Candee, CEO of Cork Protection, about the rising tide of cyber threats targeting small and mid-sized businesses (SMBs). Dan shares his journey from Main Street entrepreneur to cybersecurity leader, offering real-world insight into the threat landscape, financial vulnerabilities, and how AI and managed service providers (MSPs) can help fortify business resilience.

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00:00 Introduction - Dan Candee and Cork Protection
02:27 The Importance of Cybersecurity for Small Businesses
05:29 Understanding Cyber Threats and Their Impact
08:26 The Role of Managed Service Providers in Cybersecurity
11:24 24Financial Protection and Cyber Insurance Solutions
14:01 Leveraging AI in Cybersecurity
16:53 Navigating Cyber Insurance Policies
19:56 Empowering Small Businesses with Knowledge
21:52 The Future of Cybersecurity and Community Resilience
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