Why Coalition is Bringing Active Cyber Insurance to France
In the last five years, 79% of small businesses reported experiencing at least one cyber attack.
Cyber risk is no longer a “what if” possibility for business leaders — it’s a when. As more businesses recognize the problem, more seek out a solution that actually addresses emerging threats before they strike.
The French cyber insurance market has rapidly matured as businesses of all sizes look to mitigate cyber risk. Yet, small and midsize businesses (SMBs) are often overlooked, especially as they’ve traditionally underestimated the likelihood of becoming a target themselves. With the reality of the threat landscape today, that’s a risk SMBs can no longer afford.
Coalition works with over 65,000 brokers around the world and serves as a trusted insurance provider to over 100,000 organizations, many of which are SMBs that need more than just traditional insurance solutions.
Across continents, our goal is to provide a proactive, data-driven defense that can prevent and mitigate risk before and during an attack. Now, Coalition is bringing Active Insurance to France through its unique cyber insurance product with capacity provided by Allianz Commercial via Allianz Global Corporate & Specialty SE (AGCS).
Across continents, our goal is to provide a proactive, data-driven defense that can prevent and mitigate risk before and during an attack.
International momentum built on local relationships
Cyber risk is a global problem. As long as there’s potential for a payday, threats like ransomware or business email compromise remain undeterred by geographical boundaries.
Which is why we’re on a mission to change the landscape of traditional cyber insurance by offering state-of-the-art cybersecurity services and technologies worldwide. In May, we launched in the Nordic Region, introducing Active Insurance to Denmark and Sweden less than a year after launching in Germany.
Prior to that, we’ve established our Active Insurance offering in Australia, the United Kingdom, and Canada. After a year in Australia, we surpassed 2,200 policyholders, 60-70% of whom are first-time buyers of cyber insurance. We increased our on-the-ground team by more than one-third in 2024 in the UK and expanded our Canadian staff by more than 37% to support growing demand.
Despite the global nature of cyber risk, there is no one-size-fits-all approach. Our international success so far can be attributed to employing local leaders and underwriters that understand the unique needs of their customers and build long-lasting relationships with brokers in their market.
How we’re addressing cyber risk
We are up against innovative adversaries, not static threats. Traditional risk solutions aren’t built to address the unique nature of ransomware gangs, AI-fueled phishing attempts, and rapidly evolving technology. Active Insurance offers businesses more than standard third-party risk assessments and reactive coverage.
Coalition is one of the only cyber insurers in Europe with the in-house capabilities to provide active monitoring and alerts, enabling us to provide proactive recommendations to policyholders to reduce their risk exposure and address vulnerabilities before an incident occurs.
Active Insurance offers businesses more than standard third-party risk assessments and reactive coverage.
This is particularly crucial for SMBs, who often lack the in-house resources and budget to stay ahead of new threats. They can’t fix what they don’t know, which is why a cyber insurance policy and provider that actively works with them to combat risk matters.
Our guidance is fueled by the Coalition Active Data Graph. By continuously monitoring the global internet, tracking threat actor activity on the dark web, and analyzing live incident data, we can help identify, prioritize, and mitigate the most immediate and impactful threats for our customers.
Getting started
We’re ready to work with local brokers in France to bring Active Insurance to their clients and protect the unprotected. French companies with revenues of up to €1 billion can now access Coalition’s innovative cyber risk management and cyber insurance coverage on a primary basis.
