If there's one constant about the cyber landscape, it's that threat actors will continue to dedicate time and resources to profit off of their victims. There's still a lot that can be learned from their latest tactics to prepare for the future. Check out the six key takeaways from the 2024 Cyber Claims Report: Mid-year Update: https://bit.ly/4f4SpKo
Coalition, Inc.
Insurance
San Francisco, California 64,276 followers
Protect the unprotected
About us
Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. By combining comprehensive insurance coverage and cybersecurity tools, Coalition helps businesses manage and mitigate potential cyber attacks. Coalition offers its Active Insurance products to policyholders in the U.S., the U.K., Canada, and Australia through Coalition’s relationships with leading global insurers and cyber capacity through its own carrier, Coalition Insurance Company. Coalition also provides automated cyber alerts, expert guidance and advice, and third-party risk management to businesses worldwide through its holistic cyber risk management platform, Coalition Control. Coalition is also home to Coalition Security Labs, our research and innovation center providing cybersecurity education and insights designed to help our policyholders and the broader security community face the evolving cyber threat landscape.
- Website
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https://www.coalitioninc.com
External link for Coalition, Inc.
- Industry
- Insurance
- Company size
- 501-1,000 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Cyber Insurance , Cybersecurity, Security Services, Active Insurance, Executive Risks , Insurance, Risk Management, Cyber Risk, and Digital Risk
Locations
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Primary
55 2nd St
Floor 25
San Francisco, California 94105, US
Employees at Coalition, Inc.
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John Roberts
Always working to make the hard stuff easy for the largest # of customers, in a company where I never count the hours.
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Stacy Johnston
Empowering Leaders with Actionable Insights ~ Strategic Partner in Talent & People Analytics & Data Visualization
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Shawn Ram
Head of Insurance at Coalition
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Jonathan Thomas
Updates
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We've executed a new multi-year capacity agreement with Mitsui Sumitomo Insurance Company, Limited, a subsidiary of MS&AD Insurance Group, to deploy additional capacity in Australia starting in January 2025. The capacity agreement builds upon our existing partnership with MS&AD on providing cybersecurity solutions for SMEs in Japan. Get more information: https://bit.ly/3Uc72U9
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We had a great time at The Council of Insurance Agents & Brokers 's Insurance Leadership Forum in Colorado in early October. Our Maui Jim sunglasses gifting experience was a big hit! We appreciate those of you who were able to stop by. 😎
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Cheers to our claims team for being recognized as one of the 2024 PropertyCasualty360 Insurance Luminaries for claims innovation! 🌟 "Instead of having insurers contacted late in the process, they hope to become the 'Cyber 911' for policyholders by offering numerous benefits." Learn a little more about our claims processes that make us stand out: https://bit.ly/3YdahNz
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While we live and breathe cybersecurity every day of the year, we understand that many don't. That's why Cybersecurity Awareness Month serves as a great reminder to review cybersecurity processes and best practices. Here are a few fairly easy actions you can take in October to improve your security posture: 🔸 Update your passwords, especially for important accounts with sensitive data. (Tip: this is much easier with a password manager) 🔸 Double-check that MFA is enabled on all of your accounts where it is available. 🔸 Ensure your organization has a tested incident response plan ready to deploy in the case of a cyber event. Preparation makes a huge difference. 🔸 Train your employees to spot phishing attempts, fraudulent messages, gift card requests, and more through security awareness training. Coalition Security Awareness Training is tailor-made for small businesses and can easily be rolled out through Coalition Control. Find out more about it: https://bit.ly/4bKx1Ik
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We're proud to win this year's CyberSecurity Breakthrough Award for MDR Solution of the Year. 🏆 Our MDR leverages AI and machine learning to spot anomalous and known malicious activity alongside human expertise to help reduce cyber attacks. Find out more: https://bit.ly/4eDDfff
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💻 What’s going on in the world of cyber claims in 2024? Here’s what happened at Coalition in the first half of the year. Ransomware severity has increased again, business email compromise is the leading cyber event that triggers claims, and funds transfer fraud has decreased. 👀 Look at the infographic for more high-level takeaways, and download your copy of the report to get into the nitty gritty of impacted industries, the increase in high-profile third-party events, and risky technologies: https://bit.ly/4dEQVFx
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What events lead to cyber claims, how does coverage work, and what’s it like to experience a claim with Coalition? We’ve compiled 20 claims stories across 10 industries that provide answers to these questions and more. Scroll through your copy of the Active Insurance in Action book: https://bit.ly/4gIEKu4
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Welcome to Coalition, Tine Simonsen! Tine has joined us as our Head of Insurance for Continental Europe and will be responsible for driving growth in the European market. Read more about her 14 years of insurance experience and why she joined us on our mission to protect the unprotected.
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A few weeks ago, many of us got together at #OurCoalition's Technology Symposium in Phoenix.🌵☀️ The days were packed with long-range planning, focusing on strategy, listening to guest speakers, and spending time connecting with one another in person.
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