Cyber insurer Coalition has launched operations in France through its subsidiary Coalition Insurance Solutions. French businesses with revenues of up to €1bn can now access cyber risk management and primary cyber insurance capacity provided by Allianz Commercial via AGCS under a multi-year agreement.

Tine Simonsen, Coalition’s head of insurance, continental Europe, said: “As global cyber threats grow, French businesses – small businesses especially – need an experienced and innovative insurance provider that not only helps mitigate financial losses, but also equips them with the cybersecurity tools necessary to better understand their risks, strengthen their defences, and prevent future attacks."

To support the launch, the insurer has appointed Benjamin Barès as head of business development for France, joining from Hiscox Assurances France. Frédéric Gatte becomes director of underwriting, while production underwriter Tom Paparella transfers from the US team.

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