CrowdStrike Launches “Falcon for Insurability” to Enhance Cyber Insurance Eligibility

In a collaborative effort to strengthen digital defenses and improve cyber insurance accessibility, CrowdStrike has unveiled its new Falcon for Insurability program. This initiative is designed to help organizations qualify for cyber insurance with top-tier protection at preferred rates. The program allows insurers like Ascot Group, AXA XL, Beazley Insurance, Berkley Cyber Risk Solutions, Coalition, … Read more

Coalition Enters Excess Cyber Insurance Market in Australia

Coalition, an Active Insurance provider, has expanded into the excess cyber insurance market in Australia. This move allows businesses to enhance their cyber risk management with up to AUD 20 million in additional coverage on top of their primary insurance. Australian brokers can now offer Coalition’s excess policies, which include drop-down cover for specific sub-limited … Read more

Email Fraud Dominates Cyber Claims in 2023: Coalition Report

Coalition, an Active Insurance provider, released its 2024 Cyber Claims Report, revealing that over half of all cyber insurance claims in 2023 were due to email-related fraud. The report, detailing emerging cyber trends and their impact on policyholders, found that 56% of claims stemmed from funds transfer fraud (FTF) and business email compromise (BEC), underscoring … Read more

Coalition Control Levels Up Security with Integrations for Microsoft 365, Google Workspace & AWS

Coalition, an insurance company focused on digital risk prevention, announced the integration of its Coalition Control platform with major cloud services, including Microsoft 365, Google Workspace, and Amazon Web Services. This new feature will allow businesses to connect their cloud services to Coalition Control, aiming to provide a more comprehensive view of their cybersecurity risks. … Read more

Coalition Goes National with its Coalition Insurance Company (CIC)

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 the company launched its full-stack carrier, the Coalition Insurance Company (CIC). From its new release: “(CIC) is now open for quoting Coalition’s admitted cyber product … Read more