Coalition Launches Active Cyber Insurance in Quebec

San Francisco, CA (July 10, 2023) — Coalition, the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today announced its Cyber Insurance and Technology Errors and Omissions (E&O) Insurance offerings are now available in Quebec. Brokers can receive highly streamlined quotes for small businesses to large enterprises.

Coalition’s risk appetite encompasses firms with up to $1 billion in revenue. The company will distribute its products via brokers across the province through capacity provided by Lloyd’s and Arch Insurance Canada.

Coalition’s Quebec offering is in French, including policies and endorsements. Coalition also offers French-speaking broker contacts and support staff, as well as a translated website and support center.

Quebec brokers now have access to Active Insurance coverage that combines the power of technology and insurance to help organisations identify, mitigate, and respond to digital risks before they escalate into cyber-attacks. All Active Insurance policyholders have access to Coalition Control™, the risk management platform that alerts organisations to critical vulnerabilities and security findings within their attack surfaces.

The San Francisco-headquartered company previously entered the Canadian cyber insurance market in 2020. Coalition plans to expand its presence in Quebec throughout the remainder of the year.

Coalition officially began offering policies effective 20 June. Brokers can make submissions to [email protected].

For more information about Coalition’s offerings in Quebec, visit www.coalitioninc.com/fr-ca.

About Coalition

Coalition is the world’s first Active Insurance provider designed to help prevent digital risk before it strikes. By combining comprehensive insurance coverage and cybersecurity tools, Coalition helps businesses manage and mitigate digital risks. Coalition offers its Active Insurance products in the U.S., U.K., and Canada through relationships with leading global insurers, as well as cyber capacity through its own carrier, Coalition Insurance Company. Coalition’s Active Risk Platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses worldwide remain resilient against cyber attacks. Headquartered in San Francisco, Coalition is a distributed company with a global workforce that collaborates digitally and in office hubs. For more information, visit www.coalitioninc.com.

Insurance products are offered by Coalition Insurance Solutions Inc. (“CIS”), a licensed insurance producer and surplus lines broker with its principal place of business in San Francisco, CA (Cal. license #0L76155), acting on behalf of a number of unaffiliated insurance companies and available on an admitted basis through Coalition Insurance Company (“CIC”) a licensed insurance underwriter (NAIC #29530). Insurance products offered through CIS and CIC may not be available in all states. CIS may receive compensation from an insurer or other intermediary in connection with the sale of insurance. All decisions regarding any insurance products referenced herein, including approval for coverage, premium, commission, and fees, will be made solely by the insurer underwriting the insurance under the insurer’s then-current criteria. All insurance products are governed by the terms, conditions, limitations, and exclusions set forth in the applicable insurance policy. Please see a copy of your policy for the full terms, conditions, and exclusions. Copyright © 2023. All rights reserved. Coalition and the Coalition logo are trademarks of Coalition, Inc. or its affiliates.

SOURCE: Coalition

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