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Business Moves
Arch, Coalition
Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The capacity will be available through Arch Insurance North America’s carriers.
The partnership with Arch will support Coalition, a provider of cyber insurance and security tools to help businesses manage and mitigate cyber risk, as it continues to grow. Over the past year, Coalition has grown to more than $150 million of run-rate gross written premium (GWP) and serves more than 41,000 organizations. Coalition uses an analytics-based approach and in-house cybersecurity services in addressing cyber risk.
Heffernan Insurance Brokers Merges with Porter & Curtis, Establishes Penn. Office January 7, 2021
Heffernan Insurance Brokers, a full-service, independent insurance brokerage firm, has merged with Porter & Curtis LLC, a consultative commercial property/casualty insurance broker, effective December 31, 2020.
Porter & Curtis represents Heffernan’s first office on the East Coast. Its founders, William (Bill) P. Curtis, Jr. and Kenneth (Ken) F. Porter, will continue to lead the operations, located in Media, Penn.
Founded in 1998, Porter & Curtis LLC is an insurance advisory firm with expertise in religious organizations and sharing economy companies. It offers risk management capabilities, claims advocacy and captive services.
Heffernan Insurance Brokers, formed in 1988, provides insurance and financial services products to a range of businesses and individuals. Headquartered in Walnut Creek, Calif., Heffernan has offices in San Francisco, Petal