“Many organizations remain unprotected in the face of rising digital threats, and neither traditional insurance nor cybersecurity alone is well equipped to help them,” said Joshua Motta, CEO and co-founder of Coalition. “Our active approach to underwriting, monitoring, and responding to digital risk has allowed Coalition to achieve market leading underwriting results while demonstrably reducing claims and losses for our customers so they can continue to thrive in the digital economy.”

https://www.globenewswire.com/news-release/2022/07/08/2476441/0/en/Coalition-Closes-250-Million-in-Series-F-Funding-Valuing-The-Cyber-Insurance-Provider-At-5-Billion.html