01 C o a l i t i o n

Vaulation : US $ 5bn Founded in 2017 , Coalition combines comprehensive insurance coverage with preventative cybersecurity tools , access to digital forensics , and incident response to help organisations identify , mitigate and insure against all types of digital risk . The insurtech unicorn boasts 500 employees and serves more than 160,000 customers worldwide .

Thanks to licences that allow it to operate in all 50 US states , the San Franciscobased firm can offer insurance policies through its own admitted insurance carrier , protecting against cyber risk , technology errors and omissions , and other executive risks .

It has been a solid year for Coalition : it achieved its US $ 5bn valuation in July , when it raised US $ 250mn in investment ; then , in September , the company acquired P & C insurer Digital Affect from Munich Re .

80 November 2022