The launch of cyber insurance comes as cyber incidents continue to rise. Coterie’s partnership with Berkley Re Solutions and TransUnion offers businesses a unique risk management program that includes education, preparation, fraud and credit monitoring, identity protection, and more.
Coterie’s integration of TransUnion’s Cyberscout solution provides enhanced cyber risk services, including incident response, forensics, and crisis management. In the event of a cyber attack, Cyberscout helps businesses assess damages, mitigate risks, and protect their reputation.
Additionally, Cyberscout offers mobile text notifications, a customer web portal, and a free business security self-assessment to assist businesses in identifying and addressing cybersecurity gaps.
“Our agents and brokers have been asking for expanded coverage options as small businesses are at risk for numerous perils, including increasingly becoming targets for cybercriminals,” said Bobbie Collies, Chief Insurance Officer at Coterie Insurance. “Now Coterie users can easily add cyber insurance to new policies quickly and efficiently, further safeguarding their small business clients.”
Christopher Ellis, SVP & Head of Turnkey Solutions at Berkley Re Solutions also commented, saying: “We are excited to partner with Coterie to offer increased protection options to more agents and brokers serving small businesses. Our combined expertise, resources, and partnerships create a powerful offering that supports the needs of our partners and their clients.”
Matt Cullina, Head of TransUnion’s global cyber insurance business added: “The aftermath of a data breach can feel chaotic for a business owner, and it’s difficult to even know how to begin addressing the situation. Cyberscout’s services are both technical and consultative to assess and repair the damage, while helping small business owners navigate the process—so they can focus on protecting their customers as well as their brand.”
Join Coterie Leaders at Insurtech Insights USA 2025 in New York
Coterie CEO and founder David McFarland will be taking to the stage to discuss ‘SME Insurance: Unlocking the Secret to Small Business Success’ as part of the thought leadership panels at Insurtech Insights USA 2025 at the Javits Center in New York on June 4th and 5th. Click here for more information.
