Coalition's admitted lineup now includes Hawaii, Idaho and Michigan. The admitted cyber product is now available in 34 states: AL, AZ, CA, CO, CT, DC, DE, HI, IA, ID, IL, IN, MD, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, NY, OR, PA, RI, SC, SD, TN, TX, UT, WI and WV.
Technology errors & omissions coverage is not currently available in the admitted policy in any state.
The following endorsements are available in all admitted states except Missouri and Texas:
- Breach Response Separate Limits
- Reputational Harm Loss
- Service Fraud
- Criminal Reward Coverage
- Court Attendance Costs
- GDPR Enhancement
If these endorsements are not included in the online quote, use the chat feature to request them.
With the introduction of the admitted product, Coalition is becoming a one-stop shop for cyber coverage for standard and non-standard risks. As cyber threats become more complex, the surplus lines market allows Coalition to quickly introduce newer coverages and offer higher limits, as there is typically a delay in the innovation admitted products can provide.
As Coalition enhances non-admitted coverage offerings, the admitted policy may lack these coverages or enhancements for some time, as they depend on each state's approval. If the new coverages or limits are not yet approved in the admitted product, offering admitted and non-admitted options may be advantageous, if state regulations allow.
The process for obtaining an admitted quote is nearly identical to obtaining a surplus lines quote. You will now notice a new Get Admitted Quote button in the upper right-hand corner of your Coalition Dashboard. If the risk falls outside the admitted parameters, you will be given the option to continue as a surplus lines quote. If the risk falls outside the admitted parameters, you will be given the option to continue as a surplus lines quote.
Reach out to Carla McGee, your dedicated cyber liability program manager, at 800-221-7917, ext. 5495 if you have any questions or to walk through a quote.