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“Founded in 2002, Positive (Positive Physicians Insurance Company) provides medical malpractice insurance coverage for physicians, medical staff, and medical groups. ‘Cyber Insurance is often an afterthought in the MPL space,…
Read More “Coalition Pursues Medical Market with Malpractice Insurance Provider ” »
The cyber insurance industry needs reinsurance capital to keep growing. Coalition partnered with BDT Capital to form this independent Bermuda-based Class 3B reinsurer. “Joshua Motta, founder and CEO of Coalition,…
Read More “Re to the Rescue: BDT Capital Forms “Ferian Re” with Cyber Insurer Coalition ” »
“The result: Coalition gains a property and casualty insurer licensed in all 50 states. Financial terms of the deal were not disclosed… Shawn Ram, head of Insurance for Coalition, described…
Read More “Coalition Buys Prop/Casualty Insurer from Munich Re ” »
“’Unfortunately, the adversarial community, the hacking community, they don’t care,’ (Coalition Head of Insurance Shawn Ram) added. ‘Companies may elect to provide less resources toward cyber-related security and controls. The…
Read More “Will Recession Drive Greater Demand for Cyber Insurance? Coalition Thinks So” »
“Coalition continues to expand its capacity relationships and cyber insurance business in a market that is highly dynamic. Coalition year-over-year revenue grew by more than 400% in 2021 as the…
Read More “Fast-Growing Cyber-Insurer Coalition Turns to Ascot for Additional Coverage Capacity ” »
Reported elsewhere: “The captive, domiciled in Hawaii, will provide capacity in addition to its current long-term capacity agreements from carriers including Swiss Re and Arch Insurance.” The insuretech company continues…
“Coalition is not the only cyber insurer this year to attract the attention of venture capital. In March—the same month Coalition announced its Series D—Boston-based Corvus Insurance announced a $100 million Series…
“The National Institute of Standards and Technology will work with Microsoft, Google and the insurance industry companies Travelers and Coalition to create a new framework designed to help guide the…