Coalition Re has announced the launch of Live Event Response, a new reporting capability designed to alert cedants about policyholders potentially exposed to ongoing cyber events such as zero-day vulnerabilities.
The company said that Live Event Response will provide notifications to cedants when policyholders in their portfolios may be affected by significant cyber incidents.
“Most recently, we notified our cedants of policyholders in their portfolios being impacted by a pair of critical vulnerabilities in Cisco ASA firewall devices," said Diana Liu (pictured above), Coalition Re’s head of underwriting. "These vulnerabilities were observed to be actively exploited in the wild and were confirmed to impact hundreds of devices used by the US government.”
Liu said that these types of aggregating vulnerabilities, which are known to be actively exploited by attackers, are important for cedants to monitor in order to mitigate threats and reduce cumulative exposure.
The alerts are generated through Coalition Re’s ongoing, global scanning of digital connections. According to the company, notifications are reserved for select, high-risk vulnerabilities as determined by Coalition Re. The reports are not intended to confirm breaches or losses but serve as early warnings, identifying which insureds may need attention to prevent compromise and potential loss.
“While direct contact with the insured in the first 72 hours of a discovered vulnerability is the most critical and effective at preventing loss, control of the client relationship always remains with our carrier partners,” Liu said.
Coalition’s 2025 Cyber Claims Report found that ransomware incidents remained the most financially damaging cyberattack, though the volume of these incidents stabilized compared to previous years.
The report also indicated that the average ransomware demand dropped 22% year over year to US$1.1 million, with the second half of the year marking the first time in over two years that average demands fell below US$1 million.
The report further noted that 60% of all cyber claims in 2024 were tied to business email compromise (BEC) and funds transfer fraud (FTF), with Akira ransomware being the most reported variant among Coalition policyholders. Although ransomware accounted for a smaller proportion of incidents, it remained a primary driver of high-cost claims.
Coalition Re was launched in September last year as a cyber reinsurance intermediary, offering capacity for non-proportional cyber reinsurance treaties and a white-labeled cyber insurance solution with up to 100% quota share backing for cedants.
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