Insurtech Coalition adds excess cyber capacity
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Insurtech Coalition Inc., a managing general agent specializing in cyber risk, said Wednesday it is getting additional capacity from a unit of Bermuda-based Vantage Group Holdings Ltd. to back its U.S. excess cyber program.
Coalition did not disclose how much capacity Vantage Risk Specialty Insurance Co. is adding.
Coalition said earlier this month that Ascot Group will back its U.S. primary surplus lines cyber program through Ascot Specialty Insurance Co.
Its other capacity providers include Swiss Re Corporate Solutions, Arch Insurance North America, Lloyd’s of London and Zurich North America.
