Coalition, a leading Active Insurance provider focused on reducing digital risks, has named Tine Simonsen as its new head of insurance for continental Europe. This strategic appointment aims to enhance the company’s presence in the European insurance market.
According to InsurTech Insights, Coalition is known for its innovative digital risk solutions. The company combines insurance with advanced technology and security insights to create a proactive approach to risk management. Its Active Insurance model is designed to prevent cyber-related losses before they happen, helping businesses defend against the increasing threats in the digital landscape.
Simonsen comes to Coalition with nearly 14 years of experience in financial lines and cyber insurance. Before her new role, she led the Nordic Financial Lines team at AIG, where she managed the region’s largest profit center. Her extensive background also includes a decade at Willis Towers Watson, where she held senior positions, including cyber growth leader for Northern Europe.
In her new position, Simonsen will be responsible for guiding Coalition’s strategic expansion into Europe. Her expertise in cyber insurance and risk management will be essential as the company strengthens its regional footprint.
Simonsen’s extensive knowledge of cyber underwriting and broking, combined with her leadership experience at major insurance firms, positions her as a vital asset for Coalition’s growth in Europe. She is recognized for her strategic insights into the insurance market and her capability to drive growth in complex environments.
Kyle Bryant, Coalition’s head of international, praised Simonsen’s experience, stating, “Throughout her years in specialized insurance, Tine has gained valuable insights into European market strategy. She is the ideal person to lead the expansion of Coalition’s Active Insurance across Europe.”
Simonsen expressed her excitement about her new role, saying, “I’m truly inspired by Coalition’s mission to protect the unprotected. Coalition aims to revolutionize the cyber risk mitigation landscape by merging technology and security insights with insurance best practices. We are actively helping policyholders before they face a loss, ushering in a new era of cyber insurance.”
Bryant added, “Having someone with such a profound understanding of the insurance industry is crucial for us. We are thrilled that Tine has joined our team to enhance our ability to protect the unprotected on a global scale.”
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