Coalition expands in Canadian cyber insurance market

Cyber managing general agent (MGA) backed by leading global insurers,  Coalition, has launched active cyber insurance and technology errors and omissions (E&O) offering in Quebec, Canada.

The new offering will be available to brokers quoting for small businesses to large enterprises. It aims to help organisations identify, mitigate, and respond to digital risks before they escalate into cyber-attacks.

Coalition’s risk appetite encompasses firms with up to $1 billion in revenue. The company will distribute its products via brokers across the province through capacity provided by Lloyd’s and Arch Insurance Canada.

Coalition’s Quebec offering is in French, including policies and endorsements. It will also offer French-speaking broker contacts and support staff, as well as a translated website and support center.

All Active Insurance policyholders have access to Coalition Control, the risk management platform that alerts organisations to critical vulnerabilities and security findings within their attack surfaces.

The San Francisco-headquartered company previously entered the Canadian cyber insurance market in 2020. Coalition plans to expand its presence in Quebec throughout the remainder of the year.

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