Coalition Cyber Insurance
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Coalition Cyber Insurance

Additional Info
Company (that provides the nominated product / solution / service) | Coalition, Inc. |
Website | http://www.coalitioninc.com |
Company size (employees) | 100 to 499 |
Type of solution | Service |
In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:- According to Coalition, the cybersecurity model is broken; organizations continue to address cyber risk solely as a technology problem – but it’s also a risk management problem. CEO Joshua Motta founded Coalition to solve cyber risk by offering modern organizations a comprehensive product that combines technology and insurance to protect businesses from rapidly emerging cyber and technological risks, such as ransomware, data breaches and DDoS attacks. By combining a traditional insurance policy with dynamic data discovery, security scanning, and active monitoring, Coalition ensures clients can reduce their risk and stay resilient in the event of a cyber incident. - Coalition’s active risk platform runs comprehensive scans across all common ports exposed to the public internet. This comprehensive scanning technology, based on Coalition’s acquisition of Binary Edge, scans policyholders key technical assets up to 56,000 times a week and scans attacker domains to identify potential vulnerabilities, malware and ongoing attacks within policyholders’ networks. |
Brief Overview
Coalition’s platform provides cyber, D&O, and executive risk insurance alongside automated security alerts, threat intelligence, expert guidance, and cybersecurity scanning technology to help businesses actively protect themselves in a digital world. Thanks to Coalition’s preventive approach to insurance, its customers file 70% fewer claims than the industry average and are more prepared to face potential threats. Backed by leading global insurers Swiss Re Corporate Solutions, Arch Insurance and Zurich North America, Coalition provides customers in the U.S. and Canada with comprehensive cyber, technology and executive risk coverage.