Coalition launches cyber insurance for enterprises

Cyber insurance company Coalition is now offering coverage for large organizations, with up to $25 million in cyber limits.

This follows an expanded partnership between Coalition and Allianz Commercial. Through this agreement, Allianz transitioned its commercial cyber portfolio to Coalition, establishing them as its exclusive global cyber insurance partner across all commercial segments.

Coalition has over 110,000 policyholders globally and more than 4,000 claims are handled annually.

“Our enterprise solution reimagines cyber insurance for the complex risks faced by global enterprises. As artificial intelligence amplifies attack sophistication, third-party dependencies expand attack surfaces, and regulatory requirements tighten worldwide, enterprises need confidence that they can withstand digital threats no matter how they evolve. By bringing together Allianz’s worldwide network and our own proven claims and risk intelligence engine, we provide enterprise stakeholders more clarity around their cyber risk than ever before.” – Shawn Ram, Coalition’s Chief Revenue Officer.