The Source for Cyber Insurance News, Insights and Data
Coalition and Allianz Commercial announced a major strategic agreement on May 6, 2026. The deal transitions Allianz’s standalone commercial cyber insurance business to Coalition. Coalition becomes Allianz’s exclusive global partner for cyber insurance across all commercial segments. The announcement reshapes how one of the world’s largest insurers will serve its commercial cyber clients going forward. … Read more
In the first half of 2024, the global landscape of cyber insurance has seen a marked rise in both the frequency and severity of cyber claims, driven by increasing data breaches and privacy violations. According to Allianz Commercial’s 2024 Cybersecurity Resilience report, large cyber claims — defined as those exceeding €1 million — rose 14% … Read more
Allianz Commercial has announced a significant addition to its global leadership team. Vanessa Maxwell has been appointed as the Global Head of Cyber, while continuing her role as Global Head of Financial Lines. This dual role, effective immediately, underscores the strategic importance of both Cyber and Financial Lines to Allianz Commercial. Maxwell, who brings over … Read more