Cryptocurrency and block chain companies are top targets for hackers
You need a solution that protects against all cyber threats — that’s Coalition.
$1 billion
Estimated hacking losses suffered by cryptocurrency exchanges last year
$84,000
Average value of funds transferred in a fraudulent wire request by Coalition policyholders
10%
Percent of global GDP expected to be stored on blockchain by 2027
Cyber insurance specifically designed for innovative companies at the intersection of blockchain and cryptocurrency
Costs to respond to an extortion incident, including money, securities, and virtual currencies paid
Funds transfer fraud losses arising from a security failure or social engineering
Coverage for technology errors & omissions — professional liability coverage for tech companies
Costs to replace computer systems and other technology damaged in a cyber attack
Coverage for consequential reputational harm loss, and media and PR costs to respond to an incident
Enhanced coverage for denial of service (DDoS) attacks that impede legitimate traffic to your business
Other Industries
Healthcare
Patient confidentiality is paramount in the healthcare industry, underscoring the importance of strong security controls
Retail & E-Commerce
From data breaches and denial of service attacks to theft of credit card data, retailers face a number of cyber risk exposures
Technology
Tech companies’ broad attack surfaces and interconnected IT infrastructures create greater opportunity for cyber attacks
Coalition’s products are underwritten by Allianz Global Corporate & Specialty SE (A.M. Best A+ rating), Navigators Insurance Company UK Branch, trading as ‘The Hartford’ (A.M. Best A+ rating), and Lloyd’s of London (A.M. Best A+ rating).
