New team will help drive Coalition’s rapid middle market expansion
SAN FRANCISCO, CA – (September 29, 2020) — Coalition, the leading cyber insurance and security company, today announced three key appointments to its production underwriting team to help grow and serve the company’s middle market relationships. Shannon Roth and Myles Miller, both most recently at Beazley, and Scott Romeo, most recently at AIG, will join a team of security and insurance professionals serving Coalition’s brokerage partners.
Coalition, the leading provider of cyber insurance and security, serves more than 25,000 customers In the past year, Coalition has expanded to provide insurance to larger middle market organizations greater than $100M in annual revenues.. Coalition recently announced the hire of Marcin Weryk, an experienced cyber and technology E&O underwriter, to drive the company’s primary and excess distribution strategy and strengthen relationships with middle market clients.
“To support our rapid expansion and coverage of larger organizations, we are building an experienced team of cyber underwriters to help provide brokers with a completely new approach to cyber insurance. Our team is energized by Coalition’s mission to solve cyber risk, not just insure it,” said Weryk. “Shannon, Myles, and Scott know our brokers, our product and coverage differentiation, and the markets we hope to reach. They will be excellent partners to help expand access to Coalition’s offering.”
Middle market brokers can work directly with the production underwriting team members to discuss their clients’ needs. Each policy includes cybersecurity tools and real-time threat intelligence to prevent losses (at no additional cost to the insured), security and incident response services to contain them, and comprehensive cyber insurance to help organizations recover from failures and breaches. Coalition offers brokers the broadest cyber risk coverage including bodily injury, property damage, and pollution as part of its standard cyber insurance offering.
Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by leading global insurers Swiss Re Corporate Solutions, Lloyd’s of London, and Argo Group, Coalition provides companies with up to USD $15 million of cyber and technology insurance coverage in all 50 states and the District of Columbia, as well as CAD $20M of coverage across 9 provinces in Canada. Coalition’s cyber risk management platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses remain resilient in the face of cyber attacks. Headquartered in San Francisco, Coalition has presences in New York, Los Angeles, Chicago, Dallas, Washington DC, Miami, Atlanta, Denver, Austin, and now Vancouver and Toronto.