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🛡️ Coalition is a Delaware-incorporated cyber insurtech managing general agent that launched in December 2017 and operates a hybrid structure combining insurance distribution, multi-carrier capacity, an admitted carrier (Coalition Insurance Company, NAIC #29530, AM Best A-), affiliated cybersecurity services, and a reinsurance intermediary (Coalition Re). By July 2022 the company had raised $770M across six rounds at a $5B valuation, serving over 160,000 customers with run rate gross written premium exceeding $775M. Coalition distributes through brokers across eight countries — the United States, Canada, United Kingdom, Germany, Denmark, Sweden, France, and Australia — supported by capacity from Swiss Re Corporate Solutions, Arch Insurance, Lloyd's of London, Ascot Group, Aspen, and regional carriers.

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-|1 = {{#if:{{{bullet|}}}|* }}US-domiciled cyber insurtech MGA, multi-carrier capacity, integrated security platform, $5B valuation, $770M raised
+|1 = {{#if:{{{bullet|}}}|* }}US-domiciled [[Definition:Insurtech |cyber insurtech]] [[Definition:Managing general agent (MGA) |MGA]], [[Definition:Capacity |multi-carrier capacity]], integrated security platform, $5B valuation, $770M raised
-|2 = {{#if:{{{bullet|}}}|* }}Coalition is a Delaware-domiciled cyber insurtech MGA operating across eight countries, combining multi-carrier insurance capacity, a proprietary security platform (Coalition Control), and affiliated incident response services, valued at $5B after raising $770M through Series F.
+|2 = {{#if:{{{bullet|}}}|* }}Coalition is a Delaware-domiciled [[Definition:Insurtech |cyber insurtech]] [[Definition:Managing general agent (MGA) |MGA]] operating across eight countries, combining multi-carrier insurance capacity, a proprietary security platform (Coalition Control), and affiliated [[Definition:Incident response |incident response]] services, valued at $5B after raising $770M through Series F.
-|3 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated cyber insurtech managing general agent that launched in December 2017 and operates a hybrid structure combining insurance distribution, multi-carrier capacity, an admitted carrier (Coalition Insurance Company, NAIC #29530, AM Best A-), affiliated cybersecurity services, and a reinsurance intermediary (Coalition Re). By July 2022 the company had raised $770M across six rounds at a $5B valuation, serving over 160,000 customers with run rate gross written premium exceeding $775M. Coalition distributes through brokers across eight countries — the United States, Canada, United Kingdom, Germany, Denmark, Sweden, France, and Australia — supported by capacity from Swiss Re Corporate Solutions, Arch Insurance, Lloyd's of London, Ascot Group, Aspen, and regional carriers.
+|3 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated [[Definition:Insurtech |cyber insurtech]] [[Definition:Managing general agent (MGA) |managing general agent]] that launched in December 2017 and operates a hybrid structure combining insurance distribution, [[Definition:Capacity |multi-carrier capacity]], an [[Definition:Admitted carrier |admitted carrier]] (Coalition Insurance Company, [[Definition:National Association of Insurance Commissioners (NAIC) |NAIC]] #29530, [[Definition:AM Best |AM Best]] A-), affiliated cybersecurity services, and a [[Definition:Reinsurance intermediary |reinsurance intermediary]] (Coalition Re). By July 2022 the company had raised $770M across six rounds at a $5B valuation, serving over 160,000 customers with [[Definition:Run rate |run rate]] [[Definition:Gross written premium (GWP) |gross written premium]] exceeding $775M. Coalition distributes through [[Definition:Insurance broker |brokers]] across eight countries — the United States, Canada, United Kingdom, Germany, Denmark, Sweden, France, and Australia — supported by capacity from [[Definition:Swiss Re |Swiss Re Corporate Solutions]], [[Definition:Arch Capital Group |Arch Insurance]], [[Definition:Lloyd's of London |Lloyd's of London]], [[Definition:Ascot Group |Ascot Group]], Aspen, and regional carriers.
-|4 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated cyber insurtech managing general agent that launched in December 2017, combining insurance distribution, multi-carrier capacity, an admitted carrier (Coalition Insurance Company, NAIC #29530, AM Best A-), affiliated cybersecurity services, and a reinsurance intermediary (Coalition Re). Co-founded by Joshua Motta (CEO) and John Hering, the company raised $770M across six rounds through July 2022 at a $5B post-money valuation, with investors including Allianz X, Index Ventures, Durable Capital, T. Rowe Price, and Valor Equity Partners.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📊 '''Scale and products.''' Coalition served over 160,000 customers with run rate GWP exceeding $775M as of July 2022, distributing through brokers across eight countries including the US, UK, Canada, Germany, and Australia. The flagship Coalition Active Cyber Policy (effective April 2025) covers business interruption, ransomware, social engineering, and regulatory liability, with endorsements for deepfake response and bodily injury, alongside technology E&O and miscellaneous professional liability for eligible businesses.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔧 '''Technology and strategy.''' Coalition Control, the proprietary security platform, integrates BinaryEdge internet-scale scanning, attack surface monitoring, third-party risk monitoring, and the CoalitionAI Security Copilot, with full access included for policyholders and premium credits of up to 12.5% for MDR adoption. The November 2025 acquisition of Wirespeed adds automated MDR with a median 1,801-millisecond time-to-verdict, while Coalition Re extends the model into cedant-facing reinsurance underwriting.
+|4 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated [[Definition:Insurtech |cyber insurtech]] [[Definition:Managing general agent (MGA) |managing general agent]] that launched in December 2017, combining insurance distribution, [[Definition:Capacity |multi-carrier capacity]], an [[Definition:Admitted carrier |admitted carrier]] (Coalition Insurance Company, [[Definition:National Association of Insurance Commissioners (NAIC) |NAIC]] #29530, [[Definition:AM Best |AM Best]] A-), affiliated cybersecurity services, and a [[Definition:Reinsurance intermediary |reinsurance intermediary]] (Coalition Re). Co-founded by Joshua Motta (CEO) and John Hering, the company raised $770M across six rounds through July 2022 at a $5B post-money valuation, with investors including [[Definition:Allianz |Allianz X]], [[Definition:Index Ventures |Index Ventures]], [[Definition:Durable Capital Partners |Durable Capital]], [[Definition:T. Rowe Price |T. Rowe Price]], and [[Definition:Valor Equity Partners |Valor Equity Partners]].{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📊 '''Scale and products.''' Coalition served over 160,000 customers with [[Definition:Run rate |run rate]] [[Definition:Gross written premium (GWP) |GWP]] exceeding $775M as of July 2022, distributing through [[Definition:Insurance broker |brokers]] across eight countries including the US, UK, Canada, Germany, and Australia. The flagship Coalition Active Cyber Policy (effective April 2025) covers [[Definition:Business interruption insurance |business interruption]], [[Definition:Ransomware |ransomware]], [[Definition:Social engineering fraud |social engineering]], and [[Definition:Regulatory liability |regulatory liability]], with [[Definition:Endorsement |endorsements]] for [[Definition:Deepfake |deepfake]] response and [[Definition:Bodily injury |bodily injury]], alongside [[Definition:Technology errors and omissions insurance |technology E&O]] and miscellaneous [[Definition:Professional liability insurance |professional liability]] for eligible businesses.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔧 '''Technology and strategy.''' Coalition Control, the proprietary security platform, integrates BinaryEdge internet-scale scanning, [[Definition:Attack surface management |attack surface monitoring]], [[Definition:Third-party risk management |third-party risk monitoring]], and the CoalitionAI Security Copilot, with full access included for policyholders and [[Definition:Premium credit |premium credits]] of up to 12.5% for [[Definition:Managed detection and response (MDR) |MDR]] adoption. The November 2025 acquisition of Wirespeed adds automated MDR with a median 1,801-millisecond time-to-verdict, while Coalition Re extends the model into [[Definition:Cedant |cedant]]-facing reinsurance underwriting.
-|5 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated cyber insurtech managing general agent that launched publicly in December 2017 with initial capacity from Swiss Re Corporate Solutions and Argo. The company operates a hybrid structure combining an insurance distribution entity (producer and surplus lines broker in the US), a multi-carrier capacity model, a licensed admitted carrier (Coalition Insurance Company, NAIC #29530), affiliated cybersecurity services through Coalition Incident Response, and a reinsurance intermediary branded Coalition Re.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}👤 '''Leadership.''' Co-founded by CEO Joshua Motta — whose background spans Cloudflare, Goldman Sachs, the CIA, and Microsoft — and John Hering, whose experience includes founding cybersecurity companies such as Lookout, Cloudflare, OpenDNS, and HackerOne. The executive team includes a Chief Revenue Officer, CFO, CPO, CTO, Head of Insurance, General Counsel, CMO, Chief Underwriting Officer, and Chief of Staff, with Allianz SE CEO Oliver Bäte joining the board in late 2023.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}💰 '''Funding.''' Coalition raised a cumulative $770M across six rounds from a February 2018 seed through the $250M Series F in July 2022, which was led by Allianz X and valued the company at $5B. The investor base blends technology-focused growth capital (Index Ventures, Ribbit Capital, Valor Equity Partners) with crossover asset managers (Durable Capital, T. Rowe Price, Whale Rock) and strategic insurtech capital (Allianz X).{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🎯 '''Underwriting scope.''' US appetite covers organizations with up to $5B in annual revenue and up to $15M in limits, with enhanced features such as the Vanishing Retention endorsement and unlimited reinstatements reserved for businesses under $100M revenue. UK positioning targets businesses under £1bn revenue with premiums from £111 to £200,000+, and Coalition accepts nearly every industry except adult entertainment, cannabis, casinos, data aggregators, and payment processors.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📄 '''Products.''' The flagship Coalition Active Cyber Policy, effective April 15, 2025, provides standard coverages including business interruption, ransomware and cyber extortion, social engineering, invoice manipulation, and regulatory liability, with endorsements for deepfake response, bodily injury, and pollution liability. Technology E&O and miscellaneous professional liability are available for eligible businesses, and policy economics incentivize Coalition's affiliated response through $0 out-of-pocket digital forensics costs.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔍 '''Technology platform.''' Coalition Control integrates proprietary risk telemetry with BinaryEdge internet-scale scanning, attack surface monitoring, third-party risk monitoring, security notifications, and the CoalitionAI Security Copilot for vulnerability interpretation. Policyholders receive full platform access, with premium credits of up to 12.5% for MDR adoption and additional funds transfer fraud sublimits tied to security awareness training enrollment.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🤖 '''Wirespeed and MDR.''' The November 2025 acquisition of Wirespeed adds automated managed detection and response with a median time-to-verdict of 1,801 milliseconds and 99.99% alert noise reduction, integrating data from Coalition's Active Data Graph including external attack surface monitoring and cyber claims data for 24/7 protection.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏦 '''Capacity and geography.''' Disclosed capacity counterparties include Swiss Re Corporate Solutions, Arch Insurance North America, Lloyd's of London, Ascot Group, and Aspen Specialty Insurance Company under a multi-year agreement effective April 2024, plus regional carriers in Australia (Allianz Australia, MSIG, HDI Global SE). Coalition distributes through brokers across eight countries — the US, Canada, UK, Germany, Denmark, Sweden, France, and Australia — using jurisdiction-specific regulatory structures.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📈 '''Financials and scale.''' Coalition reported over 160,000 customers and run rate GWP exceeding $775M as of July 2022, up from 52,000 customers and $325M run rate premium in September 2021. Coalition Insurance Company holds an AM Best A- (Excellent) financial strength rating as of July 2024, and the company disclosed nearly 200% revenue growth year-over-year in its 2022 funding announcement.
+|5 = {{#if:{{{bullet|}}}|* }}🛡️ '''Coalition''' is a Delaware-incorporated [[Definition:Insurtech |cyber insurtech]] [[Definition:Managing general agent (MGA) |managing general agent]] that launched publicly in December 2017 with initial capacity from [[Definition:Swiss Re |Swiss Re Corporate Solutions]] and Argo. The company operates a hybrid structure combining an insurance distribution entity (producer and [[Definition:Surplus lines broker |surplus lines broker]] in the US), a [[Definition:Capacity |multi-carrier capacity]] model, a licensed [[Definition:Admitted carrier |admitted carrier]] (Coalition Insurance Company, [[Definition:National Association of Insurance Commissioners (NAIC) |NAIC]] #29530), affiliated cybersecurity services through Coalition Incident Response, and a [[Definition:Reinsurance intermediary |reinsurance intermediary]] branded Coalition Re.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}👤 '''Leadership.''' Co-founded by CEO Joshua Motta — whose background spans Cloudflare, Goldman Sachs, the CIA, and Microsoft — and John Hering, whose experience includes founding cybersecurity companies such as Lookout, Cloudflare, OpenDNS, and HackerOne. The executive team includes a Chief Revenue Officer, CFO, CPO, CTO, Head of Insurance, General Counsel, CMO, [[Definition:Chief Underwriting Officer |Chief Underwriting Officer]], and Chief of Staff, with Allianz SE CEO Oliver Bäte joining the board in late 2023.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}💰 '''Funding.''' Coalition raised a cumulative $770M across six rounds from a February 2018 seed through the $250M Series F in July 2022, which was led by Allianz X and valued the company at $5B. The investor base blends technology-focused growth capital ([[Definition:Index Ventures |Index Ventures]], [[Definition:Ribbit Capital |Ribbit Capital]], [[Definition:Valor Equity Partners |Valor Equity Partners]]) with crossover asset managers ([[Definition:Durable Capital Partners |Durable Capital]], [[Definition:T. Rowe Price |T. Rowe Price]], Whale Rock) and strategic insurtech capital (Allianz X).{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🎯 '''Underwriting scope.''' US appetite covers organizations with up to $5B in annual revenue and up to $15M in [[Definition:Policy limit |limits]], with enhanced features such as the [[Definition:Vanishing retention |Vanishing Retention]] endorsement and unlimited [[Definition:Reinstatement |reinstatements]] reserved for businesses under $100M revenue. UK positioning targets businesses under £1bn revenue with premiums from £111 to £200,000+, and Coalition accepts nearly every industry except adult entertainment, cannabis, casinos, data aggregators, and payment processors.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📄 '''Products.''' The flagship Coalition Active Cyber Policy, effective April 15, 2025, provides standard coverages including [[Definition:Business interruption insurance |business interruption]], [[Definition:Ransomware |ransomware]] and [[Definition:Cyber extortion |cyber extortion]], [[Definition:Social engineering fraud |social engineering]], [[Definition:Invoice manipulation fraud |invoice manipulation]], and [[Definition:Regulatory liability |regulatory liability]], with [[Definition:Endorsement |endorsements]] for [[Definition:Deepfake |deepfake]] response, [[Definition:Bodily injury |bodily injury]], and [[Definition:Pollution liability insurance |pollution liability]]. Technology E&O and miscellaneous [[Definition:Professional liability insurance |professional liability]] are available for eligible businesses, and policy economics incentivize Coalition's affiliated response through $0 out-of-pocket [[Definition:Digital forensics |digital forensics]] costs.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🔍 '''Technology platform.''' Coalition Control integrates proprietary risk telemetry with BinaryEdge internet-scale scanning, [[Definition:Attack surface management |attack surface monitoring]], [[Definition:Third-party risk management |third-party risk monitoring]], security notifications, and the CoalitionAI Security Copilot for vulnerability interpretation. Policyholders receive full platform access, with [[Definition:Premium credit |premium credits]] of up to 12.5% for MDR adoption and additional [[Definition:Funds transfer fraud |funds transfer fraud]] [[Definition:Sublimit |sublimits]] tied to [[Definition:Security awareness training |security awareness training]] enrollment.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🤖 '''Wirespeed and MDR.''' The November 2025 acquisition of Wirespeed adds automated [[Definition:Managed detection and response (MDR) |managed detection and response]] with a median time-to-verdict of 1,801 milliseconds and 99.99% alert noise reduction, integrating data from Coalition's Active Data Graph including external attack surface monitoring and cyber claims data for 24/7 protection.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}🏦 '''Capacity and geography.''' Disclosed capacity counterparties include Swiss Re Corporate Solutions, [[Definition:Arch Capital Group |Arch Insurance North America]], [[Definition:Lloyd's of London |Lloyd's of London]], [[Definition:Ascot Group |Ascot Group]], and [[Definition:Aspen Insurance Holdings |Aspen Specialty Insurance Company]] under a multi-year agreement effective April 2024, plus regional carriers in Australia ([[Definition:Allianz |Allianz Australia]], MSIG, [[Definition:HDI Global |HDI Global SE]]). Coalition distributes through [[Definition:Insurance broker |brokers]] across eight countries — the US, Canada, UK, Germany, Denmark, Sweden, France, and Australia — using jurisdiction-specific regulatory structures.{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}||{{pb}}}}{{#if:{{{bullet|}}}|* }}📈 '''Financials and scale.''' Coalition reported over 160,000 customers and [[Definition:Run rate |run rate]] [[Definition:Gross written premium (GWP) |GWP]] exceeding $775M as of July 2022, up from 52,000 customers and $325M run rate premium in September 2021. Coalition Insurance Company holds an [[Definition:AM Best |AM Best]] A- (Excellent) [[Definition:Financial strength rating |financial strength rating]] as of July 2024, and the company disclosed nearly 200% [[Definition:Revenue growth |revenue growth]] year-over-year in its 2022 funding announcement.
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