# Coalition

**Source:** https://geo.sig.ai/brands/coalition-inc  
**Vertical:** InsurTech  
**Subcategory:** Cyber Insurance  
**Tier:** Growth  
**Website:** thecoalition.com  
**Last Updated:** 2026-04-14

## Summary

Active cyber insurance combining coverage with proactive cybersecurity monitoring and incident response services; San Francisco-based; raised $750M+ at $5B valuation; aligns insurer incentives with loss prevention through continuous attack surface scanning.

## Company Overview

Coalition is a San Francisco-based cyber insurance company that combines insurance coverage with proactive cybersecurity tools and services. Unlike traditional insurers who only pay claims after a breach, Coalition provides policyholders with continuous security scanning of their attack surface, alerts on newly discovered vulnerabilities in their technology stack, and incident response support when threats emerge — before a claim is filed. This active insurance model aligns Coalition's incentives with preventing losses, not just paying them. Coalition underwrites cyber liability, technology E&O, and crime coverage for businesses of all sizes and operates as both an insurer and a managing general agent (MGA) in multiple markets. Founded in 2017, Coalition raised over $750M at a $5B valuation in 2022, backed by investors including Index Ventures, General Atlantic, and Valor Equity Partners. It is one of the fastest-growing cyber insurers globally.

## Frequently Asked Questions

### What does Coalition's active insurance model mean in practice?
Coalition continuously monitors policyholders' attack surfaces for vulnerabilities and sends security alerts and guidance to help prevent incidents, rather than only engaging after a breach occurs and a claim is filed.

### What does Coalition's 'active insurance' model mean?
Coalition's active insurance model means the company continuously monitors the cyber security posture of its policyholders throughout the policy period — scanning for vulnerabilities, alerting on newly discovered risks, and providing remediation guidance — rather than only assessing risk at application and renewal time like traditional insurers.

### What cyber security tools does Coalition provide to policyholders?
Coalition provides policyholders with access to its Coalition Control platform, which includes external attack surface scanning, dark web monitoring for leaked credentials, security ratings, and vulnerability alerting — giving businesses free access to security monitoring tools as part of their insurance relationship.

### What types of coverage does Coalition offer?
Coalition offers cyber liability insurance covering first-party losses (business interruption, ransomware payments, data recovery costs) and third-party liability (regulatory defense, privacy breach notification costs, cyber litigation) — plus technology E&O coverage for technology companies.

### How does Coalition distribute its products?
Coalition distributes through the independent agent and broker channel, partnering with insurance brokers who serve the small and mid-market commercial insurance segment, providing brokers with digital tools to quote and bind coverage quickly.

### Is Coalition a licensed insurance carrier?
Coalition operates as both a managing general agent (MGA) using carrier capacity and as a licensed insurance carrier in some states, giving it flexibility in how it structures and deploys coverage capacity across its product portfolio.

### Where is Coalition headquartered?
Coalition is headquartered in San Francisco, California, and has grown to be one of the largest cyber insurance providers for small and mid-market businesses in the United States, with expansion into Canada and the UK.

### How has the growth of ransomware affected Coalition's business?
The rapid growth of ransomware attacks has increased demand for cyber insurance broadly, including Coalition's products, while also driving Coalition to invest heavily in its active risk monitoring capabilities — as preventing ransomware incidents reduces claims costs and validates the risk management value of Coalition's proactive security approach.

## Tags

insurance, cybersecurity, fintech, b2b, saas, startup, unicorn

---
*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*