A new kind of insurance company
Coalition is the best way for a company to manage cyber and technological risk. Coalition aims to help businesses and individuals manage, mitigate, and remain resilient in the face of dynamic and growing threats. Our mission is to solve cyber risk.
We believe that solving cyber risk requires a holistic approach to risk management, not just cybersecurity. Coalition is the first insurance-enabled technology firm built to help businesses before, during, and after a cyber incident, all the while sharing the same incentives as our customers to avoid and prevent loss.
We've experienced first-hand the difficulty of protecting an organization from constantly evolving cyber and technological threats. From systems failure to hacking, human error to denial of service attacks, on almost every front, it has become more difficult to build and operate a business in the 21st century. No amount of investment in defenses has solved the problem. It seemed clear that there should be an insurance-enabled, technology-driven platform that allows businesses to prevent losses, while remaining resilient should the worst come to pass. Coalition was founded in March 2017 and launched in October 2017.
Coalition is headquartered in San Francisco. The company's insurance products are backed by Swiss Re, Lloyd's of London, and Argo Insurance.