Arch signs multi-year capacity deal to boost cyber MGA Coalition

Re/insurer Arch Capital Group has backed San Francisco-based cyber managing general agent (MGA) Coalition with long-term capacity for its analytics-based cyber programmes.

Arch will provide Coalition with capacity for its US and Canada cyber and technology errors & omissions insurance programmes on Arch Insurance North America's carriers.

The multi-year partnership aims to support the Coalition's continued growth, and help develop new and advanced predictive analytics capabilities to improve products that better address the risks companies face today.

“Arch is committed to leveraging advanced analytics to change the way we understand risk and protect businesses. We’re excited to work with Coalition, which is using its data-driven approach to insure cyber risk,” said Jay Rajendra, Arch’s chief strategy and innovation officer.

“Their analytics-based approach and superior in-house cyber security services are compelling reasons for us to support their ongoing mission to solve cyber risk,” he added. “Our partnership with Coalition is an excellent complement to Arch’s existing cyber insurance product offerings.”

Joshua Motta, co-founder and CEO of Coalition, said: “Our partnership with Arch reinforces our commitment to providing businesses with the most comprehensive insurance available, now backed by the financial strength of multiple AM Best A+ rated insurers.

“We look forward to collaborating with Arch to develop new and advanced predictive analytics capabilities that improve our products and that better address the greatest risks companies face today.”

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