Cyber Insurer Coalition Raises $10 Million to Solve Cyber Risk for SMBs

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Founded by technology entrepreneurs Joshua Motta and John Hering, Coalition is a technology company that offers cyber insurance products supported by the financial strength of leading global insurers Swiss Re Corporate Solutions and Argo Group. The company began offering insurance and cybersecurity to small to midsize businesses (SMBs) in November 2017 and is licensed to offer insurance nationwide.

“Our mission is simple, yet monumental: to solve cyber risk for SMBs. We now have the team, technology, investors, and resources to do this,” said Joshua Motta, CEO & Co-founder, Coalition. “Solving cyber risk doesn’t mean solving security failures. It means allowing companies to embrace technology while remaining resilient to the risks that accompany it. We provide companies with free cybersecurity to prevent loss before it occurs, and expert response and comprehensive insurance coverage when all else fails.”

Through Coalition’s cyber risk management platform, any business can easily access and configure a number of cybersecurity…

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