Coalition appoints new head of affinity

Coalition appoints new head of affinity | Insurance Business

Coalition appoints new head of affinity

Cyber insurance firm Coalition has announced the addition of Brian Specht as its new head of affinity. He will be based both in New York City and Austin.

Specht brings more than three decades of industry experience gained from stints at Aon, Ryan Specialty Group, Fireman’s Fund Insurance Company, AIG, and Chubb. He was most recently chief underwriting officer and chief broking officer of Aon Affinity US. In his dual role, Specht oversaw the execution of broking and underwriting capabilities across Aon Affinity’s portfolio and directed the development of new solutions and programs.

Read more: Coalition raises $40 million in latest funding round

“As Coalition continues to expand our partnership ecosystem and scale our unrivaled intelligence platform, Brian will serve as an integral part of our leadership team,” said Joshua Motta, chief executive officer of Coalition. “His proven excellence in leading affinity partnerships will allow us to deliver cybersecurity protection and coverage to an even broader spectrum of businesses and industries.”

“Losses from cyber crime are expected to rise to $6 trillion in the next few years, but these costs can be mitigated with the right tools and cyber insurance coverage in place,” said Specht. “I am proud to be a part of a company that is transforming the way businesses manage cyber risk and am looking forward to the opportunity to protect even more businesses.”