Coalition, a technology-enabled cyber insurance provider, has launched a new cyber insurance offering specifically designed to address emerging risks, such as the internet of things (IoT), facing real estate developers, property managers, and other businesses across the real estate industry.
Backed by Swiss Re Corporate Solutions and Argo Group, Coalition provides a full suite of cyber security apps and up to $10 million of cyber insurance coverage to businesses across the real estate industry.
Features of Coalition for Real Estate include:
- Risk Aassessment: Coalition’s underwriting platform utilizes tens of thousands of data points to assess the risk surface of a company or smart building, including a review of exposed internet-connected IoT devices. Risk assessments are made available to all clients and include remediation assistance.
- Premium discounts: Existing security controls and measures are taken into account automatically during the underwriting process and may result in a reduction of the policy premium.
- Bespoke policies: All Coalition policies can be customized to the specific exposures of a firm or building, including coverage for data breach, bodily…
