Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.
The agreement establishes Coalition as Allianz’s exclusive global partner for commercial cyber insurance across all segments, combining Allianz’s scale, distribution reach and balance sheet strength with Coalition’s data-driven, prevention-focused underwriting model.
This collaboration is set to accelerate growth in a rapidly expanding cyber risk market increasingly shaped by ransomware, AI-enabled attacks and complex digital exposures.
Under the arrangement, Coalition will assume responsibility for core functions including pricing, product design, risk mitigation and claims handling for Allianz’s standalone cyber business.
Allianz will continue to support the portfolio through multinational underwriting capabilities, claims services and access to its global distribution network, ensuring continuity for large corporate clients.
The partnership is structured for long-term alignment, with Allianz receiving equity in Coalition alongside performance-linked components tied to portfolio growth and profitability. Allianz will also deepen its strategic investment in Coalition and gain board representation, reinforcing governance alignment between the two organisations.
Coalition’s model is built around what it describes as “Active Insurance”, which combines cyber insurance coverage with continuous threat monitoring and prevention tools. This approach aims to identify and mitigate cyber risks before they result in claims, reducing losses while improving resilience for policyholders.
By integrating Allianz’s existing cyber portfolio into its platform, Coalition will expand its global footprint and strengthen its position across both mid-market and large enterprise segments. The rollout will initially focus on key markets including the US, UK, Canada, Australia, Germany, Denmark and Sweden, before expanding further internationally.
The partnership also builds on an existing relationship established in 2022, when Allianz X invested in Coalition and supported its expansion beyond North America. That earlier collaboration laid the groundwork for deeper operational integration between the two firms.
“This cyber insurance market is growing and evolving at pace and is a core coverage that is in high demand from our clients,” Allianz Commercial board member Chris Townsend said.
“Cyber threats differ fundamentally from traditional risks, demanding a dynamic, tech-forward approach to protect our clients effectively. Together, we’re building a best-in-class global cyber offering that combines Allianz’s brand, market reach, and financial strength with Coalition’s unique data-driven platform for underwriting and risk management, underpinning our growth strategy in this important segment.” Allianz Commercial board member Chris Townsend said.
“This milestone agreement underscores our shared vision with Allianz to safeguard organisations against cyber perils,” Coalition CEO and co-founder Joshua Motta said. “By integrating Allianz’s cyber portfolio into our Active Insurance ecosystem and expanding our global alliance, we’re delivering a superior, consistent solution for enterprises of all scales. Over time, we expect this transaction will position Coalition to become the largest writer of cyber insurance globally.” Coalition CEO and co-founder Joshua Motta said.
Keep up with all the latest FinTech news here
Copyright © 2026 FinTech Global
