The Leading Source for Cybersecurity Insurance News, Insights and Data
Cyber insurance in the Asia-Pacific (APAC) region is expanding rapidly as businesses confront increasing threats from cyberattacks and data breaches. As digital transformation accelerates across industries, companies of all sizes…
In the rapidly evolving cyber threat landscape, the year 2024 has seen a dramatic increase in ransomware attack severity, according to Coalition’s newly released 2024 Cyber Claims Report: Mid-year Update….
Read More “Severity of Ransomware Attacks Surges in First Half of 2024 – Coalition Report” »
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…
Coalition is among the pure play-leaders in the cyber insurance sector, touting its “Active Insurance,” which fuses insurance with cybersecurity tools to reduce client (and underwriting) risk. Earlier this year…
Read More “Coalition Goes National with its Coalition Insurance Company (CIC)” »
San Francisco-based Coalition, the Active Insurance provider, has appointed Mr. Oliver Bäte, Chief Executive Officer of Allianz SE, to its Board of Directors. This strategic move underscores Bäte’s dedication to…
Read More “Oliver Bäte, Allianz CEO, Joins Coalition’s Board of Directors” »
Coalition, a pioneer in active insurance designed to preempt digital threats, unveiled its Active Cyber Insurance products in Australia. These products go beyond mere risk transfer, serving as an innovative…
Read More “Coalition Launches Active Cyber Insurance in Australia to Fortify Digital Defenses” »
Insurers say ransom-related claims rose sharply in the first half of 2023, the Wall Street Journal reports in this article (paywall may apply). “Along with the rise in claims related…
“Computers specially configured (by Coalition) to make cyber criminals think they were small businesses operating in London were attacked by hackers over 2,000 times every minute this January.” Most attacks…
Read More “Coalition Honeypots Attract Hacker Killer Bees ” »
The Company is now offering its active cyber insurance to companies with up to $5 billion revenue. “The company’s increased capacity above its existing limit of $1 billion comes from…
The carrier, backed by Coalition’s active insurance platform, rolls out across the nation during 2023. It received an A- rating from AM Best at the end of January. Source: Coalition…