Coalition partners with HDI Global Specialty
Coalition announced a new long-term partnership with HDI Global Specialty, the specialty insurance carrier of HDI Global SE.
Beginning in 2024, HDI Global Specialty will join Coalition’s Cyber and Technology E&O panel in Canada to provide insurance capacity. The insurer will assume a quota share on all cyber insurance products Coalition provides in Canada, incepting on or after January 1, 2024.
HDI Global Specialty joins a group of global (re)insurers that have signed capacity deals with Coalition, including Allianz, Arch, Ascot, Fortegra, and Vantage.
“HDI Global has headquarters in Germany and foreign branches, subsidiaries, and affiliates in more than 175 countries, making them an excellent global partner as Coalition continues to expand our offerings worldwide. HDI is a well-established global player, and we are thrilled to have them as a partner as we continue to scale our mission to democratize cyber coverage and protect the unprotected.” – Shawn Ram, head of insurance, Coalition.
“This new partnership with Coalition marks our first significant step into the cyber market in Canada. We are excited to join forces with such an established partner that has, in only a few years, already become a leader in the Canadian cyber insurance market.” – Derek Spafford, managing director & chief agent of HDI Global Specialty Canada.