With a target revenue of CAD 5 billion, this expansion aims to offer complete security against cyber threats to enterprises.

The Coalition's dedication to tackling the dynamic digital dangers that businesses of all sizes must contend with is evidenced by the launch of cyber insurance for major corporations in Canada.

With a variety of integrated cyber defense mechanisms, Coalition's active insurance model provides proactive protection in response to the growing attack surface and cyber risks of major enterprises.

Through Coalition's subsidiary, Coalition Incident Response, Coalition Insurance Solutions Canada, Inc. (CIS Canada) guarantees that every policy includes professional onboarding calls, tabletop exercises to instruct policyholders on incident response and recovery, and specialized security services.

The goal of Coalition is to offer specialized insurance solutions that cater to the unique requirements of businesses, and this increase in underwriting appetite is consistent with that goal.

Coalition hopes to reach a wider audience with improved cyber coverage by syndicating placements among current partners, giving brokers new chances to assist their clients.

"This expansion to enterprise-sized businesses means Coalition can offer all the benefits of Active Insurance to customers with much larger attack surfaces to defend and, therefore, greater cyber exposures," said Kelly McGuinness, Team Lead Canada, Production Underwriting, and Eastern Business Development for Coalition. Large Canadian companies now have access to the first complete cyber defence offered by the Coalition, which combines proactive defense against cyberthreats, skilled response, thorough cyber coverage, and active cyber risk assessment.