What:
Coalition is now offering Directors & Officers (D&O) and Employment Practices Liability (EPL) coverage for small and midsize businesses via its technology platform.
Why:
Coalition’s research shows significant opportunity to better serve small businesses. In a survey of 1,000 senior executives at small businesses, Coalition found that nearly a third of small business executives didn’t purchase management liability coverage because they didn’t know coverage was available for them.
How:
- Coalition’s broker platform integrates real-time financial, regulatory, and transactional data to create a seamless quoting experience where brokers can generate bindable quotes in just 5 minutes.
- Risk management tools included for all policyholders, including a pre-claim hotline for D&O and EPL and automated alerts on issues (like a change in control) throughout the policy period.