Definition:Coalition

🛡️ 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.

📊 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.

🔧 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.

Related concepts:

• Definition:Cyber insurance
• Definition:Managing general agent (MGA)
• Definition:Insurtech
• Definition:Managed detection and response (MDR)
• Definition:Gross written premium (GWP)
• Definition:Reinsurance intermediary