Coalition, the cyber insurance and security managing general agent, announced it is offering its products and services to Canada-based businesses.
The San Francisco-based company described the offering as proactive cyber-security products and services as well as cyber and technology error & omissions insurance.
Coalition will offer to clients up to C$20 million (US$14.4 million) of comprehensive insurance coverage, supported by the financial strength of Swiss Re, to companies with up to C$1 billion in annual revenue.
Coalition said its online platform enables licensed insurance brokers to generate a quote in minutes and also provide their clients with access to Coalition’s proprietary cyber-security tools and services that are designed to detect, mitigate, and contain threats at no additional cost.
Coalition this week announced it has raised $90 million in new venture financing to fuel development of new products and a global expansion.
Coalition said its global cyber-security platform provides businesses with risk management support, including help with preventing incidents in the first place, and support during and after a crisis.
“Cyber risk is a global problem…
