“In the final yr alone, numerous businesses in Australia have suffered high-profile cyberattack, affecting thousands and thousands of Australians and pushing cybersecurity and knowledge privateness to the forefront of the nationwide dialog,” mentioned Coalition’s Chief Executive Officer and co-founder, Joshua Motta in a press release, “Yet, solely 20% of Australian SMEs at the moment have cyber insurance coverage, and even fewer brokers specialize within the protection space.”
Coalition is partnering with Allianz Australia to offer protection. “Cyber danger is a major menace impacting Australian businesses as we speak,” mentioned Phuong Ly, chief normal supervisor, industrial, at Allianz Australia, in a press release. “Allianz is proud to associate with Coalition and assist present our dealer companions and their clients this distinctive answer.”