Case Study: Large Equipment Production Company protects production line from cyber attack with Coalition

Coalition’s Policy Covers Emerging Cyber Exposures, Including Bodily Injury, Property Damage, and Pollution

A large equipment production company, a manufacturer with over 1,000 employees, faced a significant challenge when a hacker gained remote control of its industrial systems. The cyber attack inflicted physical damage to its production equipment and destroyed in-process components, threatening both its operations and finances. The company was insured by Coalition, whose policy uniquely covers such emerging cyber exposures, including bodily injury and property damage.

Coalition’s solution was immediate and comprehensive. Their Security Incident Response Team helped the manufacturer regain control of its systems and secure its network to prevent further attacks. The results were a successful claim payout under the company's Bodily Injury, Property Damage, and Business Interruption coverages. A key measurable impact was the rapid response time, with Coalition initiating the claim process and contacting the insured in less than two hours, which the client described as an amazing and unparalleled speed of service.