Coalition offers excess cyber insurance to middle market

Cyber insurance and security firm Coalition Inc. said Wednesday it is now offering excess cyber insurance to middle-market accounts with up to $10 million in aggregate limits.

The San Francisco-based company said in its statement the new surplus lines capacity is backed by Lloyd’s of London.

Coalition said the coverage includes free access to its cybersecurity capabilities, including attack surface monitoring, an in-house response team of security experts, and a suite of services and tools.

Coalition said last week it has named Marcin Weryk head of business development, a new position.