Ascot to back Coalition’s surplus lines cyber program

Insurtech Coalition Inc., which writes cyber and technical errors and omissions coverages as a managing general agency, said Wednesday that Ascot Group will back its U.S. primary surplus lines cyber program through Ascot Specialty Insurance Co.

The San Francisco-based company said the partnership provides long-term capacity for its cyber programs.

Coalition’s other capacity providers include Swiss Re Corporate Solutions, Arch Insurance North America, Lloyd’s of London and Zurich North America.