Article ID: 2e4cb593b6decec792f9a561a33c60b7be0bc38b1100326da9f5726d854fdaf5
Source ID: secondary:businessinsurance.com
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Extraction Method: bs4_heuristic
URL: https://www.businessinsurance.com/allianz-commercial-to-transition-cyber-business-to-coalition/
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Allianz Commercial to transition cyber business to Coalition - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Allianz Commercial to transition cyber business to Coalition by Matthew Lerner Cyber Risks , Emerging Risks , Technology Allianz , Coalition May 6, 2026 Allianz Commercial and cyber insurer Coalition Wednesday said that Allianz will transition its commercial cyber insurance business to Coalition. The move establishes Coalition as Allianz’s exclusive global partner for cyber insurance across all commercial segments, the companies said in a statement. Coalition will take primary responsibility for pricing, product development, risk mitigation, and claims management for Allianz’s standalone commercial cyber portfolio, supported by Allianz resources for multinational and large corporate underwriting, service delivery, and claims. Allianz will also provide long-term insurance capacity and access to its distribution channels to Coalition. A number of Allianz Global Corporate and Specialty SE cyber specialists focused on larger corporate risks are expected to transition to Coalition “in due course,” the statement said. The partnership is structured for a minimum of 10 years. Allianz will receive a combination of upfront consideration through increased equity in Coalition, including the right to nominate a director to the Coalition board. Oliver Bäte, Allianz SE’s CEO, a current independent Coalition board member, is expected to transition to this seat at deal closing. Allianz also is committing to further equity investment in Coalition. Cyber threats differ fundamentally from traditional risks and demanding a “dynamic, tech-forward approach,” Chris Townsend, member of the board of management of Allianz SE, said in the statement. “Over time, we expect this transaction will position Coalition to become the largest writer of cyber insurance globally,” Joshua Motta, CEO and co-founder of Coalition, said in the statement. The new agreement has its roots in the 2022 investment in Coalition by Allianz X, Allianz Group’s strategic investment arm. 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