Through CIC, a US admitted carrier wholly owned by Coalition, Inc., the insurer extends primary admitted cyber coverage to small and midsize businesses. This coverage includes an expanded base form and affirmative protection for critical exposures.
Launched in 2023, CIC operates on a competitive rating model, enabling Coalition-appointed brokers to secure admitted cyber coverage for clients nationwide. Additionally, policyholders gain access to Coalition’s flagship risk management platform, Coalition Control, tailored to bolster defenses against digital risks.
The insurance products offered by CIC are backed by a panel of reinsurance carriers. CIC initially began quoting Coalition’s admitted cyber product in March 2023.
“We are thrilled to now offer capacity through CIC across the entire U.S., transforming our ability to offer policyholders world-class, comprehensive cyber insurance products,” said Shawn Ram, Coalition’s Head of Insurance.
He added: “We continue to drive the industry forward with coverage developed from our unique expertise in cyber underwriting, insights into cyber risk management, knowledge of cyber threat trends, and cyber claims data.”