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Most insurance policies follow a familiar pattern: you purchase coverage, file it away, and hope you never need to use it. But what if your insurance company could prevent a disaster from happening in the first place? That's the premise behind Coalition, a cyber insurance provider that's turning the traditional insurance model on its head by combining coverage with real-time threat detection and response.
Joshua Motta, CEO of Coalition, discusses the innovative approach of active insurance in the realm of cyber risk management. He explains how Coalition differentiates itself from traditional insurance models by providing continuous value and proactive risk management through data collection and real-time threat detection. The discussion covers the importance of the company’s active data graph, the alignment of interests between Coalition and its clients, and the unique challenges faced by industries such as manufacturing. Joshua also shares insights on the future of cyber threats and the evolving landscape of digital risks.
Resources:
Coalition: https://www.coalitioninc.com/
Coalition’s roadmap: https://www.coalitioninc.com/blog/why-we-founded-coalition
The Institutes: https://global.theinstitutes.org/
Predict & Prevent website: https://www.predictandprevent.org/
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