This feature is currently in limited release. Please reach out to control@coalitioninc.com if you and/or your broker would like to be part of this limited release.
Context
At Coalition, we offer full access to Control for every Active Cyber Insurance customer to help them manage and mitigate their cyber risks. With this limited availability release, we’re empowering our brokers to extend access to Control to prospective clients, pre-bind, to help make contingency resolution faster and easier.
With full access to Coalition Control, prospective policyholders can review contingencies and critical security findings in detail and receive expert guidance to resolve these items quickly.
And with these items resolved, the path becomes smoother toward becoming an Active Cyber Insurance policyholder.
What does "pre-bind contingency" resolution mean?
Sometimes, when applying for insurance coverage and before we can issue the policy, there are items or areas we will need addressed before issuing or “binding” your coverage. We call these items or areas “contingencies,” and it just means that once the items are addressed, we can issue your coverage. With a limited release, we’re extending full access to Control to aid prospective policyholders during this pre-bind contingency resolution period
How does it work?
If you are a potential new policyholder, and our team has identified contingencies that need to be addressed, your access to Control will progress in the following phases:
- Invitation to Coalition Control
- Activating and Setting Up Your Account
- Reviewing and Remediating Findings
- Becoming an Active Cyber Insurance Policyholder
- Ongoing Risk Management with Coalition Control
Phase | Description |
Your Control Invitation Email |
Your Broker will send you an activation link for Coalition Control. You can expect to receive a similar email below |
Account Activation & Setup |
You’ll click the “Get Started Now” button from your invitation email, create your password, and log in. That’s it! |
Reviewing & Remediating Your Findings |
Work closely with your Broker and Coalition to understand any contingencies and critical security findings. Then address those findings using the expert guidance provided in Control. You’ll be able to share finding and remediation details right from Control as well as utilize self-service options for resolving. Finally, stay in close communication with your broker and with Coalition, keeping us updated about your progress. |
Becoming an Active Cyber Insurance Policyholder |
After all relevant contingencies have been successfully addressed, your Broker will collaborate with Coalition to finalize the quote, officially making you a valued policyholder with us! |
Ongoing Risk Management with Coalition Control |
Once you become a policyholder, you will enjoy continued access to Control throughout the lifecycle of your policy, so you’ll be able to manage and mitigate your cyber risks ongoing. |
More questions?
For further information, please refer to the Cyber Risk Assessment (CRA) that your broker will provide. You can find a detailed example of this process in this CRA titled, Coalition Control™: Simplify contingency resolution with pre-bind access.