Coalition Re Introduces the Helios Platform for Cedants to Access Real-Time Cyber Risk Insights

Business Wire

SAN FRANCISCO--(BUSINESS WIRE)--
Coalition, the world's first Active Insurance provider designed to help prevent digital risk before it strikes, today introduced Coalition Re’s Helios platform, a new tool that enables cedants of Coalition Re to view real-time cyber risk exposures in their portfolios and manage them more effectively with actionable insights. Existing Coalition Re cedants can access the platform at no additional cost now, and all new cedants will be able to access the platform starting on July 1, 2025.

“Real-time data insights are crucial to managing a portfolio of cyber risks,” said Shawn Ram, Coalition’s Chief Revenue Officer. “With Coalition Re’s interactive Helios platform, we are setting the standard for data collection and information processing as the cyber market matures. The new Helios platform enables cedants to gain visibility into their own systemic risk, aggregation, and catastrophe load, as well as gather meaningful context around why these risks matter and what to do about them.”

With Coalition Re’s Helios platform, information previously provided to cedants only via a summary document is now always accessible via a self-service tool. The user-friendly Helios platform leverages Coalition’s proprietary, internet-wide data collection capabilities, exclusive modeling, and advanced analytics to empower cedants to make strategic portfolio risk management decisions. Cedants can review information about portfolio catastrophe risk exposures and loss trends, enabling them to quantify and strategically manage cyber risk concentrations caused by commonly used technologies and vendors across segments. The Helios platform also facilitates better decision-making with customized reports and aggregated views of cedants’ portfolios, allowing them to optimize underwriting and risk management strategies.

“The reinsurance industry must play a more proactive role in risk mitigation,” added Ram. “While capital is important, tools that provide real-time data can help insurers manage portfolio risk more effectively by identifying systemic vulnerabilities and trends before losses occur.”

Coalition Re provides capacity for non-proportional cyber reinsurance treaties, as well as a white-labeled cyber insurance product with up to 100% quota share support for cedants seeking to offer cyber insurance as an endorsement to an existing insurance product offering. Both are available globally and supported by a robust panel of capacity providers led by Aspen.

To learn more about Coalition Re, visit: https://www.coalitionre.com/.

About Coalition

Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. By combining comprehensive insurance coverage with cybersecurity tools and services, Coalition helps businesses manage and mitigate potential cyberattacks. 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, Germany, Denmark, and Sweden. Policyholders can receive automated cyber alerts and access expert advice, as well as global third-party risk management tools through Coalition's cyber risk management platform, Coalition Control®.

Coalition Insurance Solutions, Inc., an affiliate of Coalition, Inc. and a leading cyberinsurance insurance provider in the United States, is a licensed insurance producer and surplus lines broker (Cal. license #0L76155), acting on behalf of a number of unaffiliated insurance companies, and on an admitted basis through Coalition Insurance Company (“CIC”), a licensed insurance underwriter (NAIC #29530).

Reinsurance products are written or provided by Coalition Reinsurance Services, LLC (“Coalition Re”), a licensed reinsurer intermediary (Lic. #1011787) and resident producer (Lic. #1003226), domiciled in Provo, Utah (USA), acting on behalf of a number of unaffiliated licensed insurance companies. Products may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. See licenses and disclaimers for further information.