| Coalition’s
differentiated approach to underwriting and risk management contributes to
policyholders experiencing less than one fourth the frequency of
claims as of the rest
of the market. Unique to the industry, Coalition combines cyber security tools
and threat intelligence to reduce policyholders’ chances of an incident and
provides an Incident Response Team instantly available, 24/7/365, to
quickly and efficiently respond in the event an incident should occur. In addition to
these claim costs reducing features, Coalition recently added a new endorsement to the non-admitted policy form
eliminating out-of-pocket expenses for breach response and forensics services
when using Coalition's Incident Response team in the event of a claim. Members
of this team previously served in government (NSA, CIA, and FBI) and top
incident response vendors. Coalition’s experience and tools quickly determine
what occurred, stop the attack, identify the damage done, and recommend steps
the insured can take to prevent similar attacks in the future.
The endorsement
has been automatically added to every in-force U.S. surplus lines policy.
Coalition sent notice to the applicable insureds advising of the enhanced
coverage and how to access the endorsement from the Policyholder
Dashboard.
Coalition is
ready to point you and your clients in the right direction. Log into www.bigimarkets.com to request a quote today! Reach out to
the Big “I” Markets Cyber Program Manager, Carla
McGee, if you have any
questions or would like to walk through a quote. |