Coalition expands active cyber insurance to Quebec with refreshed Excess offering

Coalition is now offering its Excess Cyber Insurance policies in Quebec. At the same time, it has launched a refreshed version of its Excess offering across Canada.  

This move allows businesses, including those in Quebec, to bolster their cyber defence by adding an essential layer of risk management to their existing cyber insurance structures.  

The redesigned Excess Cyber Insurance policies feature significant improvements, including clearer language and “true follow-form coverage” designed to align seamlessly with primary policies and eliminate unnecessary complexity for the insured, the company stated in a press release. 

A key advantage for all Coalition policyholders, including those purchasing the new Excess policy, is access to the company’s proprietary risk management platform, Coalition Control. 

This platform, alongside a dedicated security support team, provides organizations with proactive tools to resolve security issues and alerts. 

Coverage limits of up to $10 million are available. The Excess policies are accessible to Quebec companies with annual revenues up to $1 billion, and to businesses across the rest of Canada with revenues up to $5 billion.  

The expansion comes as businesses increasingly seek robust, multi-layered solutions to mitigate escalating digital threats. Coalition is positioning its Excess policy as a long-term, simplified solution in this market. 

George Bozanin, Coalition’s head of Canada, highlighted the company’s strong foundation in the primary market and the benefits of the new offering.  

“As one of the largest primary cyber producers, Coalition offers proven, stable capacity around the world,” Bozanin said. “Our Excess offering provides a long-term solution for a businesses’ cyber tower with simplified servicing and underwriting, a broad appetite for Excess Cyber and Tech E&O risks, and a flexible approach to security requirements and accommodations.”