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Introducing Coalition Insurance Company

Blog: Coalition Insurance Company

Today we’re taking the cover off the first of many exciting 2023 announcements as we officially launch Coalition Insurance Company. Coalition Insurance Company — or CIC — is an admitted insurance carrier wholly owned by Coalition, Inc. and will be open for quoting our admitted cyber product on AM Best A- rated paper later this quarter.

Protecting the Unprotected

The launch of CIC is the continuation of Coalition’s mission to protect the unprotected as the world digitizes. Often these unprotected organizations are the small businesses that lack access to the cyber security tools, talent, and training needed to protect themselves from a growing class of cyber threats. 

With the launch of CIC, these businesses will have access to Coalition’s Active Cyber Insurance, which combines comprehensive cyber coverage, digital tools to monitor and manage their risk, and optional access to Coalition’s incident response capabilities to help spot, prevent and respond to digital risk. 

Delivering More Innovative Insurance Coverage 

2023 will mark six years since Coalition’s founding, and in that time, we’ve stayed true to our not-so-secret master plan to sell world-class, comprehensive cyber insurance products that drive investment in free cyber tools to generate a data advantage we deliver back to our policyholders. 

With the launch of our admitted carrier, Coalition can continue to drive the industry forward with policies developed from our unique expertise in cyber underwriting, risk assessment, and claims data. This means more coverage options and a broader appetite for Coalition-appointed brokers. 

Building a Durable, Iconic Insurance Company

Finally, Coalition’s ambition has always been to build a durable company that will be a long-term partner to brokers and businesses helping them weather the ups and downs of a changing market over the decades to come. Our recent AM Best rating and launch of CIC is not only a validation of our past success and strong balance sheet, but it also signals our commitment to building a sustainable business that will support our policyholders for decades to come.

More Information on CIC 

CIC will be available for quoting in select states this March, with more states following throughout 2023. Interested in quoting admitted products with CIC? Sign up for our broker newsletter to receive the latest updates here.