Coalition’s broker-only cyber offering goes live
San Francisco-headquartered cyber insurance provider Coalition has begun trading in the UK.
As previously reported by Insurance Age, Coalition has partnered with Allianz Global Corporate & Specialty and will distribute its products via brokers.
The firm is targeting the UK’s SME sector and has a risk appetite encompassing businesses with up to £1bn of turnover.
Launched in the US in 2018 Coalition’s run rate gross written premium reached nearly $740m (£611.7m) this March with the company serving more than 160,000 customers.
The UK is the second market for the business outside of the
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