People and businesses are getting hit harder and more frequently with cyber-related attacks in 2023, and this is only going to increase in the years to come. Ransomware has come roaring back, financial fraud remains a mainstay of the threat economy, and third-party compromise continues to loom large.
With any digital risk, the key is recognising that these risks cannot be solved by passive means: Dynamic and evolving cyber risks require an active solution.
That’s where Coalition comes in.
Who is Coalition?
Coalition have recently launched their ‘Active’ Cyber Insurance product into the Australian insurance market, proudly backed by Allianz Australia Insurance. They are already trusted by hundreds of thousands of customers worldwide, across virtually all industries.
The product combines both security and cyber insurance to help you spot and prevent cyber risk before it strikes.
What is ‘Active’ Cyber Insurance?
Active Insurance is coverage designed to prevent digital risk before it strikes. Coalition combines the power of technology and insurance to help businesses identify, mitigate and respond to digital risks.
1. Active Risk Assessment
The industry-leading technology in the Risk Assessment platform allows Coalition to build an accurate picture of your organisational risk by bringing together data and advanced analytics.
2. Active Protection
Coalition Active Insurance gives policyholders access to active monitoring.
3. Incident Response
The in-house expert team at Coalition will assist your business to mitigate financial and operational losses, so that you can get back to business.
How is it different?
The concept of ‘Active’ Insurance is far more than that of just traditional insurance.
Digital risk changes quickly, and businesses need more than just insurance to protect themselves. Coalition Active Insurance gives policyholders access to active monitoring and in-house incident response to manage risks before, during and after an incident.
Active cyber insurance is designed to prevent digital risk before it strikes. It combines the power of technology and insurance to help identify, mitigate and respond to digital risks.
How do I get a quote?
If you would like to find out more about Coalition or their new ‘Active’ Insurance product, please reach out to your insurance broker at Webber Insurance Services.
To arrange a quote, please complete our quick enquiry form here, which will give us everything we need to assist you.
You can also visit Coalition’s Website for further information.