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Member, Beacon International Group, Ltd.
Coalition Inc., a managing general agent specializing in cyber risk, has expanded its cybersecurity insurance offering by entering the excess cyber insurance market in the U.K., with the aim of protecting businesses in the region with enhanced coverage, Reinsurance News reported. The company will provide full-follow form coverage and protection of up to £10 million ($12.16 million) on top of a primary layer of insurance from another insurer for cyber as well as technology professional indemnity lines.