Coalition, an active insurer focused on preventing digital risks, has launched its new Active Cyber Policy, a reimagined US surplus lines cyber policy designed to protect businesses amid an ever-evolving digital threat landscape.
Shawn Ram, Chief Revenue Officer at Coalition, said, “With the launch of the Active Cyber Policy, Coalition is setting the standard for market-leading coverage that includes expanded protection against emerging digital threats and specific advantages for security-conscious policyholders.
“Active Insurance is built on the predication that proactive security measures significantly reduce the frequency and severity of claims – in fact, our data proves it. And now, brokers can offer improved policy terms that enhance coverage to clients who actively participate in their cyber risk management.”
The Active Cyber Policy introduces a range of new and enhanced coverage features. These include retention discounts down to zero for each claim-free year for policyholders who demonstrate active risk management and security awareness.
For the first time, clients will also benefit from lower FTF retentions when reporting incidents within 72 hours of the initial fraudulent transfer—encouraging prompt action through financial incentives.
The policy clearly defines coverage for AI-related security events, including protection against deepfake-enabled FTF and AI-caused security failures.
Additionally, the full policy limit resets for each separate incident during the policy period, ensuring businesses maintain maximum protection regardless of prior claims.
The policy also features a simplified structure, with 11 coverages previously offered by endorsement now integrated as Insuring Agreements within the base policy, making coverage more transparent and easier to explain.
It includes a clearer articulation of covered scenarios and triggers, as well as updated terminology that better reflects today’s cyber landscape.
Starting April 15, 2025, all non-admitted new business and renewal quotes in the U.S. will be issued on this updated form. The policy is available to organizations with up to $5 billion in annual revenue and provides limits of up to $15 million.
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