Until now, Coalition's cyber insurance policies have been offered mainly in Canada's English-speaking provinces. Now extended to Quebec (a French-speaking province), its new "Excess" offer features simplified language and "follow-form" coverage, i.e. perfectly aligned with the customer's main insurance policy. By eliminating clauses that are redundant or contradictory with traditional insurance, the company makes protection more fluid and comprehensible.
In concrete terms, these contracts enable companies to add a layer of cyber protection to their existing insurance program. By opening up to Quebec, the Californian company is considerably extending its reach, in a region where the rapid digitization of activities is accompanied by an increase in cyber attacks. According to Prompt (a fiduciary organization of the Quebec Ministry of the Economy, Innovation and Energy), "demand for cybersecurity is growing rapidly, and threats are multiplying". In fact, over 63% of Quebec SMEs have already fallen victim to cyber attacks. For George Bozanin, Director of Coalition Canada, this development is in line with the group's overall mission: "Our Excess offering provides a sustainable and stable solution for companies seeking to strengthen their protection against cyber and technological risks."
But Coalition does more than just sell coverage. With every policy, corporate customers gain access to Coalition Control, our proactive risk management platform, as well as to a team of cybersecurity experts available to respond to alerts and incidents in real time. This dual support - technological and human - transforms insurance into a tool for ongoing prevention, rather than just a safety net after a loss.
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