Whitby, ON (Oct. 2, 2024) – Quotey is thrilled to announce the integration of Coalition’s Active Cyber Insurance product into its commercial and specialty insurer marketplace. Effective immediately, Canadian insurance brokers leveraging the Quotey platform can access quick cyber insurance quotes from Coalition, a leading cyber insurance provider designed to help prevent digital risk before it strikes.
With broad coverages available, including costs related to data breaches, cyber extortion, and business interruption, Coalition is dedicated to providing robust protection against the growing threat of cyber attacks. By combining comprehensive insurance coverage and cybersecurity tools, Coalition helps businesses manage and mitigate potential cyber attacks. Policyholders can receive automated cyber alerts and access expert advice and global third-party risk management tools through Coalition’s holistic cyber risk management platform, Coalition Control®.
“Coalition’s inclusion in the Quotey marketplace marks a significant enhancement to the cyber insurance options available to Canadian brokers,” said Nick Kidd, CEO and Co-Founder of Quotey. “Cyber insurance is a critical yet often misunderstood product. By partnering with Coalition, we aim to demystify cyber insurance and offer brokers a reliable solution they can confidently recommend to their clients.”
Quotey launched in late 2022 and is now available in all provinces except Quebec, where it will become accessible in the coming months. As Canada’s first multi-insurer commercial lines quoting and cover comparison tool, Quotey allows brokers to complete a single digital application for over 700 classes of business and receive instant comparable quotes from a growing list of participating insurers such as Coalition and CFC Underwriting. The platform is designed to simplify the insurance quoting process, making it more efficient and user-friendly for brokers nationwide.
- Learn more about Quotey in the InsurTech Spotlight.
- Learn more about Coalition in the InsurTech Spotlight.
About Quotey
Founded in 2020, Quotey Inc. is a privately held Canadian technology company based in Whitby, Ontario, established to serve the commercial insurance industry. It works with multiple brokerages and carriers to create a simpler, more efficient and ultimately better process for securing commercial insurance coverage for clients. For more information, visit quotey.io.
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 potential cyber attacks. Leveraging its relationships with leading global insurers and capacity providers, including Coalition Insurance Company, Coalition offers Active Insurance products to businesses in the United States, the United Kingdom, Canada, Australia, and Germany. Policyholders can receive automated cyber alerts and access expert advice and global third-party risk management tools through Coalition’s holistic cyber risk management platform, Coalition Control®. 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. Complete license and carrier information is available here. 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 © 2024. All rights reserved. Coalition and the Coalition logo are trademarks of Coalition, Inc. or its affiliates.
SOURCE: Quotey
Tags: Coalition Inc., InsurTech, InsurTech Spotlight, partnership, Quotey
