Coalition and MS&AD Insurance Group Partner to Provide Cybersecurity Insurance Solutions in Japan
Coalition and MS&AD Insurance Group Partner to Provide Cybersecurity Insurance Solutions in Japan
Cyber insurtech leader Coalition has announced a strategic partnership with MS&AD Insurance Group, the largest non-life insurer in Japan and across the ASEAN region, to provide cybersecurity monitoring solutions to small and medium-sized businesses (SMBs).

MS&AD Insurance Group recently launched the MS&AD Cyber Risk Finder, its first cyber risk assessment service built using Coalition Control™, a risk management platform developed by Coalition. MS&AD Cyber Risk Finder is currently available to the entire Japanese SMB market. 

“Cyber attacks are increasing globally, and Japan, as one of the world’s largest economies, is especially at risk,” said Joshua Motta, Coalition’s Co-founder and CEO.

“By joining forces with MS&AD, we’re committed to bolstering cybersecurity for Japanese companies by providing continuous security monitoring, active risk management, and mechanisms to transfer risk and respond to incidents. We’re thrilled to partner with MS&AD to protect those businesses in Japan that currently lack these sophisticated protections.”

Using Coalition Control™ technology, the MS&AD Cyber Risk Finder offers cyber risk diagnostics and consultation services based on vulnerability information collected from internet-connected devices worldwide. The Cyber Risk Finder will provide diagnostic reports to businesses, including personalised vulnerability scores, identified weak access points, and a prioritised list of actions to take toward remediation. 

“Through our partnership with Coalition, we can offer cyber risk assessments and diagnostic services tailored for Japanese SMBs at a lower cost. Leveraging the MS&AD Group’s presence and distribution network, we will widely deliver this solution to our customers to help protect them,” said Tomoyuki Motoyama, Group Chief Digital Officer at MS&AD.

He added: “Moving forward, we plan to develop additional features to counter increasing cyber-attacks on supply chains targeting large companies.” In the coming months, the partnership will expand to introduce additional cybersecurity products and services. 

Source: Coalition

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