US InsurTech Coalition, a leading provider of cyber risk management solutions, has officially launched its Active Cyber Insurance offering in the Nordic region.
The launch of the Active Cyber Insurance product in the Nordic region represents a strategic move to cater to the growing demand for enhanced cyber risk management solutions in the face of rising cyber threats, according to InsurTech Insights.
With cyberattacks on the rise, Coalition’s new offering helps businesses in Denmark and Sweden address digital threats proactively.
The Active Cyber Insurance offering blends cyber insurance coverage with risk management tools, offering businesses access to cybersecurity insights and resources. Coalition’s platform allows brokers to generate quotes quickly and provides training for clients to improve cybersecurity practices.
In the event of a cyber incident, Coalition’s claims and response teams are available for support. The coverage is live in Denmark, with Sweden launching on May 8, 2025. The product is for businesses with annual revenue up to DKK 7.5 billion or SEK 11 billion, with no minimum premium requirement.
Allianz Commercial underwrites the coverage through a multi-year agreement, while continuing to serve more complex, multinational risks. Coalition and Allianz aim to expand support across the Nordic region.
Margaretha Mo, Managing Director for the Nordics at Allianz Commercial, noted that cyber risks are among the greatest threats facing businesses worldwide, highlighting the need for a solution that helps companies identify and prevent cyber damages more effectively.
“Businesses within the Nordics will benefit from access to an offering that combines comprehensive insurance with meaningful cybersecurity insights and tools to help them manage and mitigate cyber threats,” said Tine Simonsen, Head of Insurance for Continental Europe at Coalition. “As cyber threats grow exponentially, preventing digital risk before it strikes has never been more important.”
“As our 2025 Allianz Risk Barometer has once again shown, cyber risks are among the greatest threats to companies worldwide,” said Margaretha Mo, Managing Director for the Nordics at Allianz Commercial. “Through our collaboration with Coalition, we are broadening our support for clients in Denmark and Sweden by offering access to a solution that helps identify and prevent cyber damages more effectively.”
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