CoalitionAI Broker Copilot and Security Copilot Now live for US brokers and traders, more coming soon
San Francisco, April 10, 2023–(BUSINESS WIRE)– Coalition, the world’s first active insurance provider designed to prevent digital risks before they strike, today launched CoalitionAI™, a combination of generative AI and large-scale language to help brokers and businesses protect themselves from cyber. A new initiative to deploy risk models US-based brokers and businesses can now access with new AI-powered learning and chat features including:
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CoalitionAI Broker Copilot: US-based brokers now have access to Broker Copilot, a generative AI chatbot embedded in the Coalition broker dashboard that can answer questions about cybersecurity best practices, cyber policy coverage options and more. Broker copilots are trained on publicly-available documents and resources published by the Coalition for Broker Research and Education.
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CoalitionAI Security Copilot: Businesses using CoalitionControl™ – the Coalition’s cyber risk assessment and monitoring platform – can now learn and leverage cybersecurity vulnerability details, better understand coverage scenarios, and learn how to address cybersecurity issues using the new Security Copilot.
“This new wave of generative AI will unequivocally transform the insurance industry and transform the broker experience,” said Joshua Mota, CEO and co-founder of the Coalition. “Our Broker CoPilot and Security CoPilot are just the beginning. Over time, the entire active insurance experience – from risk selection to proactive security protection to proactive response – will all benefit from generative AI that can help mitigate the impact of cyber risk.”
The CoalitionAI features released today use a combination of proprietary technology, large language modeling and generative pre-trained transformers. The coalition plans to introduce additional AI capabilities to support active insurance offerings, including active risk assessment, active protection and active response. In the coming months, Coalition Broker and Coalition Control users will gain access to additional AI-powered tools that will power the quoting, underwriting and incident response experience.
“AI is already reshaping the cyber risk landscape,” said Tiago Henriques, the Coalition’s vice president of security research. “While we’re applying our AI expertise to improve the broker and customer experience, we’re also focused on keeping up with emerging AI-related vulnerabilities. Part of our commitment to protecting the vulnerable is helping our policyholders understand both the risks and reap the benefits of new technologies.”
The first CoalitionAI feature is now available. Brokers can sign up with the Coalition by visiting: signup.coalitioninc.com. Businesses can sign up for Coalition Control at no cost at any time by visiting control.coalitioninc.com.
Coalition Insurance Solutions Inc. (“CIS”), a licensed insurance producer and surplus lines broker with its principal place of business in San Francisco, CA (Cal. License #0L76155), acts on behalf of several unaffiliated insurance companies, and is licensed by Coalition Insurance Company (“CIC”). Available by appointment through an insurance underwriter (NAIC # 29530). Insurance products offered through CIS and CIC may not be available in all states. CIS may receive compensation from insurers or other intermediaries for insurance sales. All decisions regarding any insurance product referred to herein, including approval of coverage, premiums, commissions and fees, shall be made solely by the insurer underwriting the insurance under the insurer’s then-current criteria. All insurance products are governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. See a copy of your policy for complete terms, conditions and exclusions. Copyright © 2023. All rights reserved. Coalition and the Coalition logo are trademarks of Coalition, Inc. or its affiliates’ trademarks.
About the alliance
Coalition is the world’s first active insurance provider designed to help prevent digital risk before it strikes. Combining comprehensive insurance coverage and cybersecurity tools, the Coalition helps businesses manage and mitigate digital risks. Coalition offers its active insurance products through relationships with leading global insurers in the US, UK and Canada, as well as cyber capabilities through its own carrier, Coalition Insurance Company. Coalition’s proactive risk platform provides automated security alerts, threat intelligence, expert guidance, and cybersecurity tools to help businesses worldwide stay resilient against cyber attacks. Headquartered in San Francisco, Coalition is a distributed company with a global workforce that collaborates digitally and in office hubs.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20230410005398/en/
Introduction
Marissa Graves
Communication at Jot
[email protected]