The cyber insurance and security company Coalition Inc. has entered into a multi-year partnership with an Arch Capital Group Ltd. unit, insurers said on Tuesday.
The two insurers said in a statement the partnership with Arch Insurance North America provides Coalition with long-term capabilities for its U.S. and Canadian cyber and technology insurance programs with failures and omissions by North American insurance companies. No further information was provided.
San Francisco-based coalition, which has served as the acting general agent of Swiss Re Ltd. and Argo Group International Holdings Ltd., are also supported by Lloyd & # 39 ;s in London and provide up to $ 15 million. of Cyber and Technology Insurance Protection in the United States
Shawn Ram, head of insurance at Coalition, said in a separate statement that the company "is constantly trying to diversify operator partners."
"We are pleased to continue our growth with all our operating partners and now Arch, he said.