MSIG USA, a provider of specialty commercial insurance solutions, has strategically partnered with Coalition, an active insurer focused on preventing digital risks, to launch a new cyber insurance offering for its US clients.
The new program offers primary cyber coverage for multinational businesses purchasing insurance coverage from MSIG USA internationally and operating in the US, and will begin binding businesses in August 2025.
This aims to combine MSIG USA’s financial strength and disciplined oversight with Coalition’s innovative cyber risk management technologies and services.
It brings Coalition’s full suite of cyber capabilities, including real-time risk monitoring, AI-driven threat detection, and incident response tools to global businesses via MSIG USA’s brokerage partners.
This launch expands and strengthens the existing global partnership between Coalition and MS&AD Insurance Group, matching Coalition’s broker-preferred platform and Active Insurance model with MSIG USA’s A+ financial strength rating and global distribution across over 40 countries.
In the past, the pair have partnered for a $30 million equity investment for Coalition from Mitsui Sumitomo Insurance Co., Ltd. (MSI), a member of MS&AD, a multi-year capacity agreement between MSI and Coalition in Australia, and a collaboration on cybersecurity solutions for small and midsize businesses in Japan via Coalition’s cyber risk management platform, Coalition Control.
Siobhan O’Brien, Head of the Cyber Center of Excellence, MSIG, commented, “This collaboration builds on MSIG USA’s disciplined underwriting, financial strength, and global reach to deliver a smarter, more responsive approach to cyber risk for its multinational clients.”
Sarah Thompson, Head of Cyber, MSIG USA, added, “By integrating Coalition’s advanced analytics and monitoring tools, this innovative model of tailored, tech-enabled cyber protection will evolve with our international clients’ needs. Together, MSIG USA and Coalition will offer cyber coverage that not only provides coverage for cyber incidents but helps clients mitigate cyber risk before losses can occur.”
Shawn Ram, Chief Revenue Officer, Coalition, stated, “Today’s global businesses need insurance providers that move as fast as the cyber threats they face. This strategic partnership reflects a shared commitment to helping clients not only respond to cyberattacks but actively prevent them.”
