SAN FRANCISCO — October 3, 2024 — Coalition, the world's first Active Insurance provider designed to prevent digital risk before it strikes, has appointed Tine Simonsen as the company’s Head of Insurance for Continental Europe. As an experienced cyber underwriter and broking leader, Simonsen will anchor Coalition’s presence and expansion in the European region.
“Throughout her years in specialized insurance, Tine has attained valuable insights into European market strategy, making her the best person to spearhead the expansion of Coalition’s Active Insurance across Europe,” said Kyle Bryant, Coalition’s Head of International. “It’s important to us to have someone centrally located with such a deep understanding of the insurance industry, and we’re thrilled that Tine has joined to help us expand upon our ability to protect the unprotected globally.”
Simonsen has worked as a specialist within the Financial Lines & Cyber Insurance area for nearly 14 years, focusing on products such as Cyber Insurance, D&O Insurance, and Professional Indemnity. In her previous role at AIG, Simonsen led the Nordic Financial Lines team and managed the Financial Lines portfolio as the largest profit center for AIG in the Nordics. Before joining AIG, she worked ten years as a specialist broker for Willis Towers Watson, where she held various positions, the latest being the Cyber Growth Leader for Northern Europe.
“I’m truly inspired by Coalition’s mission to help protect the unprotected,” commented Simonsen. “Coalition is on a journey to change the cyber risk mitigation landscape by combining technology and security insights with insurance best practices. They are actively helping policyholders before they experience a loss, effectively ushering in a new era of cyber insurance.”
Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. By combining comprehensive insurance coverage and cybersecurity tools, Coalition helps businesses manage and mitigate potential cyber attacks. Leveraging its relationships with leading global insurers and capacity providers, including Coalition Insurance Company, Coalition offers Active Insurance products to businesses in the United States, the United Kingdom, Canada, Australia, and Germany. Policyholders can receive automated cyber alerts and access expert advice and global third-party risk management tools through Coalition's holistic cyber risk management platform, Coalition Control®.
Insurance products are offered by Coalition Insurance Solutions Inc. (“CIS”), a licensed insurance producer and surplus lines broker with its principal place of business in San Francisco, CA (Cal. license #0L76155), acting on behalf of a number of unaffiliated insurance companies and available on an admitted basis through Coalition Insurance Company (“CIC”) a licensed insurance underwriter (NAIC # 29530). Insurance products offered through CIS and CIC may not be available in all states. Complete license and carrier information is available here. CIS may receive compensation from an insurer or other intermediary in connection with the sale of insurance. All decisions regarding any insurance products referenced herein, including approval for coverage, premium, commission, and fees, will be made solely by the insurer underwriting the insurance under the insurer’s then-current criteria. All insurance products are governed by the terms, conditions, limitations, and exclusions set forth in the applicable insurance policy. Please see a copy of your policy for the full terms, conditions, and exclusions. Copyright © 2024. All rights reserved. Coalition and the Coalition logo are trademarks of Coalition, Inc. or its affiliates.