Coalition offering Zurich-backed D&O cover
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Coalition Inc., a managing general agent specializing in cyber risk, said Tuesday it is introducing directors and officers and employment practices liability for small and midsize businesses.
The San Francisco-based MGA said in a statement that the insurance coverage, which is provided by Zurich North America, offers personalized risk assessment for clients.
It said using data from a variety of publicly available sources, brokers can offer clients a Coalition risk assessment for executive risk that identifies financial, regulatory and business exposures specific to their business and provides personalized recommendations to protect them from claims.
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Insurtech Coalition raises $205 million
(Reuters) — Cyber insurance startup Coalition Inc. said Tuesday it had raised $205 million in its latest funding round, giving the company a valuation of more than $3.5 billion.
