Honesty is the best policy in cyber risk management. When a policyholder is transparent and reports an incident early, it can reduce the overall cost and impact of a claim. Sometimes we can even address security concerns before they develop into active breaches. Robert Jones, Head of Global Claims, further explains why transparency and collaboration are necessary for cyber risk management in Claims Journal.
Coalition, Inc.
Insurance
San Francisco, California 47,947 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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You've likely heard about the CrowdStrike outage by now, which caused major disruptions to airlines, banks, and maybe even your business. Does cyber insurance cover this event? We've got answers for you ➡️ https://bit.ly/3LCykhM
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We've been named a finalist at the Intelligent Insurer 2024 Cyber Insurance Awards USA in 6 categories: Cyber Claims Team of the Year Cyber Insurance Technology Provider of the Year Insurtech of the Year Cyber Insurance Incident Response of the Year Cyber Security Solution Provider of the Year Inspiring Woman in Cyber — Shannon Roth, Head of Production Underwriting, US We look forward to finding out the winners at the end of the month!
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When an international nonprofit was affected by a zero-day vulnerability that affected a popular file-transfer tool, it turned to us for help. Here's how we assisted the nonprofit after more than 600 unique files were exfiltrated across six countries: https://bit.ly/4eZVdJF
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Most cyber attacks occur when employees inadvertently do something (like clicking on a phishing link) that leads to trouble. What complicates things even further is that most training programs are designed for larger organizations with bigger wallets. That’s why we’re excited to introduce Coalition Security Awareness Training for small businesses, which provides: 📼 More than 200 short, memorable videos covering foundational security principles and the latest security threats 🎣 Interactive phishing exercises and real-world simulations to train employees on how to spot and report phishing attempts directly from their inbox 🗒️ Streamlined rollout and tracking that provide automated campaigns and timely reminders for employees to complete their training, reducing the burden on security and IT teams ✅ Security training requirements for industry-specific compliance frameworks, like SOC2, PCI, DSS, HIPAA, and more The best part? It’s cost-effective and available inside Coalition Control, our cyber risk management platform so that you can manage your human security risk alongside all other security risks in one location.
Introducing Coalition Security Awareness Training
coalitioninc.com
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You don't need the wallet of an enterprise business to access security expertise that can help prevent cyber attacks. When selecting a managed detection and response service provider that will work best for your small to midsize company, the best thing to do is ask these five questions as you compare services. Dig deeper into our MDR Buyer’s Guide: https://bit.ly/460Huhw
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A recent CrowdStrike software update has impacted businesses using Microsoft Windows operating systems, causing a "blue screen of death" error that will not allow affected machines to boot out of the restart state. Threat actors take advantage of moments of confusion like these and may pose as employees of CrowdStrike to gain sensitive information and deploy attacks. If your systems have been impacted, it's important to follow guidance issued by CrowdStrike, Microsoft, or AWS to resolve the error. You can find more information in our blog post: https://bit.ly/3xVmMmS
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Project 529, a tech company that helps reduce bicycle theft, established a bug bounty program to identify vulnerabilities in their software. But pretty soon, they received demands from a group for $20,000 and $100,000 without any evidence of the vulnerabilities. That's when Project 529's CEO remembered that she had cyber insurance with Coalition. Check out the case study to learn how we helped Project 529 avoid a costly social engineering scam and improve its cybersecurity posture: https://bit.ly/3Lj74ov
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A recent report from Howden Insurance noted that cyber insurance premiums fell by an average of 15% in 2023 compared to 2022. But it's not because claims have decreased. Shawn Ram, Head of Insurance, explains why claims activity is unlikely to significantly impact pricing for cyber insurance in Dark Reading.
Cyber-Insurance Prices Plummet as Market Competition Grows
darkreading.com
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Most cyber attacks occur when employees inadvertently do something (like clicking on a phishing link) that leads to trouble. What complicates things even further is that most training programs are designed for larger organizations with bigger wallets. That’s why we’re excited to introduce Coalition Security Awareness Training for small businesses, which provides: 📼 More than 200 short, memorable videos covering foundational security principles and the latest security threats 🎣 Interactive phishing exercises and real-world simulations to train employees on how to spot and report phishing attempts directly from their inbox 🗒️ Streamlined rollout and tracking that provide automated campaigns and timely reminders for employees to complete their training, reducing the burden on security and IT teams ✅ Security training requirements for industry-specific compliance frameworks, like SOC2, PCI, DSS, HIPAA, and more The best part? It’s cost-effective and available inside Coalition Control, our cyber risk management platform so that you can manage your human security risk alongside all other security risks in one location: https://bit.ly/4bJD2oQ