Side-by-side comparison of AI visibility scores, market position, and capabilities
Active cyber insurance provider combining coverage with proactive cybersecurity monitoring and incident response services.
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.
AI quality assurance with insurance-backed warranties from Swiss Re and Greenlight Re; EU AI Act compliance assessments backed by YC and reinsurance partners for high-risk AI deployments.
Armilla AI is a third-party AI quality assurance and warranty company that evaluates AI models for organizations deploying AI in regulated or high-stakes contexts — assessing models against EU AI Act and NIST AI Risk Management Framework requirements for risks including bias, hallucination, robustness failures, and adversarial vulnerabilities, then providing performance guarantees backed by insurance coverage from reinsurers Swiss Re, Greenlight Re, and Chaucer. Founded in Toronto, Canada, Armilla raised $6.81 million total including a C$4.5 million seed round in February 2024 from Mistral Venture Partners, MS&AD Ventures, Y Combinator, and its reinsurance partners.\n\nArmilla's model is unique in the AI governance market — rather than just providing compliance reports, Armilla backs its assessments with insurance warranty products. An enterprise deploying a third-party AI model can purchase an Armilla warranty that pays out if the model performs differently than assessed (fails on bias, accuracy, or robustness metrics), transferring AI performance risk to insurance markets that can price and distribute it. This insurance mechanism creates financial accountability for AI quality claims that audit reports alone don't provide.\n\nIn 2025, Armilla competes in the AI governance, risk, and compliance market with Credo AI, Arthur AI, and AI audit firms for enterprise AI risk assessment and compliance tools. The EU AI Act, fully applicable by August 2025 for high-risk AI systems, is driving enterprise compliance urgency — companies deploying AI in hiring, credit scoring, healthcare, and other regulated contexts need third-party conformity assessments. Armilla's insurance-backed warranty differentiates its offering from pure advisory competitors. The reinsurer backing (Swiss Re, Greenlight Re, Chaucer) provides both capital credibility and distribution through insurance broker channels. The 2025 strategy focuses on growing EU AI Act compliance assessments and expanding the warranty product coverage to more AI deployment use cases.
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