Coalition launches risk products for US small businesses

InsurTech Coalition has launched a suite of tech-powered executive risk insurance products with personalised risk assessments for small businesses in the US.

Coalition is the leading provider of cyber insurance and security, combining comprehensive insurance and proactive cybersecurity tools to help businesses manage and mitigate cyber risk.

With insurance coverage provided by Zurich North America, Coalition is offering Directors & Officers (D&O) and Employment Practices Liability (EPL) with new tools and features to all broker partners, furthering its breadth of offerings to protect businesses against modern risks.

Coalition’s new executive risks products integrate real-time data from a variety of publicly available sources to accurately assess a company’s risk exposure and continuously monitor changes throughout the policy lifecycle.

Brokers can now quickly generate quotes in under four minutes and offer all clients a Coalition Risk Assessment for Executive Risks which identifies financial, regulatory and business exposures specific to their business and provides personalised recommendations to protect them from claims.

Patrick Mitchell, head of executive risks at Coalition, said, “We are bringing real-time data to help small businesses stay ahead of their exposures, offering an entirely new approach to executive risks… Advances like these mean that small businesses can move forward with confidence despite the fast-changing risk landscape.”

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