Active insurance provider Coalition has appointed Fiona McMartin (pictured above) as an associate underwriter in its London office.
McMartin began her career in insurance in 2022, starting as a team leader in client services after securing a place in RSA’s graduate programme.
She later transitioned to RSA’s cyber specialty lines team, where she gained experience in cyber coverage, eventually rising to the position of assistant specialist underwriter for cyber.
Coalition entered the UK cyber insurance market in 2022 and has since been steadily expanding its team and operations in the region.
Stephen Wares, Coalition’s UK head of underwriting, stated that McMartin's addition to the team is strategically significant as the company continues to expand its operations in the UK.
He noted that her role will involve supporting specialty and retail brokers, particularly those serving clients in the SME sector, which is a key area of focus as Coalition moves into its third year in the UK market.
Commenting on her new role, McMartin highlighted Coalition's strong cyber product and unique market approach, which she found particularly appealing as a young professional.
She expressed that the opportunity to learn within an organisation with substantial expertise in both technical and insurance-related fields was a significant factor in her decision to join Coalition.
In July, the cyber insurance provider also announced the launch of Coalition Security Awareness Training to help provide small businesses with cybersecurity training and process automation, making it easier for IT teams to start security training, monitor performance, and track compliance.
The new program comes as a response to one of the biggest contributors to cyber risk: human error.
Cybercriminals use phishing, social engineering, and other human exploit techniques to initiate business email compromise (BEC) attacks, fund transfer fraud, and more. BEC alone cost US businesses $2.9 billion in 2023.
What are your thoughts on this story? Please feel free to share your comments below.
