Coalition

Coalition Launches Reinsurance Intermediary to Expand Cyber Reinsurance Offerings

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As cybercrime continues to surge, costing the global economy, by some estimates, $10.5 trillion annually by 2025, the cyber insurance industry is evolving to manage these escalating risks. In response to growing demand for more robust insurance solutions, Coalition has launched Coalition Re. Coalition Re, a reinsurance intermediary, provides capacity for cyber reinsurance treaties and … Read more

Coalition Introduces Active Cyber Insurance in Germany

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Coalition has launched its Active Cyber Insurance in Germany through its subsidiary, Coalition Insurance Solutions GmbH. This new insurance offering is available starting today. The Federal Financial Supervisory Authority’s 2024 Risks in Focus Report, produced by BaFin Germany’s Federal Financial Supervisory Authority, identifies cyber-attacks and IT system breakdowns as major threats to German businesses. Coalition’s … Read more

SentinelOne Expands Cybersecurity Solutions for Insurance Providers

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SentinelOne announced the SentinelOne Risk Assurance Initiative, a new cybersecurity program designed to help insurers improve their clients’ network security using the SentinelOne Singularity™ Platform. This program allows insurers to offer SentinelOne’s platform at preferred rates, aiming to stop attacks before they occur and reduce both financial loss and insurance premiums. Leading carriers and providers, … Read more

Coalition Finds U.K. Cyber Insurance Lacking, Mid-Market Businesses Underwhelmed

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In the business world, “the customer is always right” often holds true, but a new study suggests that mid-market companies in the U.K. are far from satisfied with their cyber insurance options. Coalition’s recent survey offers valuable insights into the experiences and perceptions of these cyber insurance customers. Conducted by Opinion Matters in February 2024, … Read more

Cyber Insurance Sunday – Upload

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Here it is—Your Cyber Insurance Sunday—Upload. The latest cybersecurity insurance news. A few items from the week: Marsh and others look at Ransomware; Partnerships abound Backblaze and Coalition as well as Cavelo and DataStream: Vantage Risk Launches; And a reminder cybercriminals take out targets large and small. Some we reported on, and others we found … Read more

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