Cyber insurance provider Coalition has announced three new leadership appointments. The company has appointed Jim Young as chief financial officer and John Littzi as general counsel, and added Julie Richardson as a board member. The appointments come on the heels of a $250 million investment in Coalition last month that boosted the company’s valuation to $5 billion.
“The new additions to our leadership team bring decades of experience building global technology and finance companies, and are proven leaders who will help Coalition to navigate new markets and accelerate our internal development during a sustained period of rapid growth,” said Joshua Motta, co-founder and CEO of Coalition. “Julie, Jim and John each have a wealth of experience building large companies that have all grown to become global leaders.”
Young has more than 20 years of experience leading global financial companies and public and private technology firms, serving as CRO at fintech company Broadridge. Prior to that, he served in senior finance roles at Visa, including senior vice president of finance, and played a lead role in Visa’s $19 billion IPO. Most recently, Young served as CFO of agriculture tech company Indigo Ag. As Coalition’s first-ever CFO, Young will play a leading role in scaling the company’s business and financial operations.
“Coalition’s vision to provide security for all as the world digitizes is more important now than ever,” Young said. “I’m thrilled to be joining the company at this critical juncture, and to join in Coalition’s effort to protect organizations globally with active insurance and technology solutions.”
In his new role as general counsel, Littzi is responsible for Coalition’s global legal affairs and serves as principal counsel to Motta and the company’s senior management team and board of directors. Littzi joins Coalition from W.R. Berkley Corporation, where he served as deputy general counsel. He began his career as an associate in the mergers and acquisitions and financial institutions groups at the law firm Skadden, Arps, Slate, Meagher and Flom.
“The technology and data at the core of Coalition are unrivalled,” Littzi said. “After spending over a decade at a world-class insurance organization, I look forward to using my experience to help Coalition protect and prepare organizations for the digital risks of the future as every part of our global economy becomes more reliant on technology.”
Richardson has more than 25 years of experience in investment banking and private equity roles. She currently serves on the boards of UBS, Datadog and YEXT. She also served on the board of The Hartford from 2014 to 2020, and chaired the company’s audit committee for three years.
“As the landscape of digital risk has evolved and intensified over the past several years, I’ve been impressed by change-makers in the space seeking a different and better solution,” Richardson said. “Coalition’s approach to solving digital risk is one I am proud to align with, and I’m honoured to be joining this industry-leading team on their journey.”
