Coalition buys managing general agency

Cyber insurtech Coalition Inc. said Tuesday it has acquired managing general agency Attune Insurance Services LLC.

Terms of the transaction were not disclosed.

New York-based Attune, which is licensed in all 50 states, offers business owners, workers compensation, commercial liability excess, professional liability and general liability policies to small businesses.

San Francisco-based Coalition said in a statement that Attune will continue to operate as a standalone business with access to Coalition’s technology and data capabilities.