Coalition announces new MPL coverage

Cyber insurance provider Coalition now offers miscellaneous professional liability insurance.

The MPL coverage is available by endorsement to Active Cyber Insurance policies through existing capacity providers for a wide range of industries to cover defense costs, settlements, judgments, and other claims-related expenses.

“Instead of going to multiple insurers or working with multiple underwriters, brokers can come to Coalition for quotes for Cyber and MPL coverage. It can be incredibly difficult to manage claims that involve Cyber and MPL coverages with separate carriers. By providing both coverages, brokers and insureds can manage their policies – and any claims that occur – in one place, making the process of getting business back up and running as smooth as possible.” – Shawn Ram, Coalition’s head of insurance.