AIG’s Simonsen joins Coalition as European Head of Insurance

Coalition, an active insurer focused on preventing digital risks, has appointed Tine Simonsen as its Head of Insurance for Continental Europe.

Simonsen has nearly 14 years of experience as a specialist within the Financial Lines & Cyber Insurance segments, focusing on products such as Cyber Insurance, D&O Insurance, and Professional Indemnity.

In her new role, as a cyber underwriter and broking leader, Simonsen will anchor Coalition’s presence and expansion in the European region.

Prior to this, Simonsen served at AIG leading Nordic’s Financial Lines team as well as managing the Financial Lines portfolio as the largest profit centre in the region, the firm noted.

Before joining AIG, she worked for a decade as a specialist broker for Willis Towers Watson (WTW), where she held various positions, the latest being the Cyber Growth Leader for Northern Europe.

Kyle Bryant, Head of International, Coalition, commented on the appointment: “Throughout her years in specialized insurance, Tine has attained valuable insights into European market strategy, making her the best person to spearhead the expansion of Coalition’s Active Insurance across Europe.”

“It’s important to us to have someone centrally located with such a deep understanding of the insurance industry, and we’re thrilled that Tine has joined to help us expand upon our ability to protect the unprotected globally,” Bryant, added.

Simonsen stated: “I’m truly inspired by Coalition’s mission to help protect the unprotected. Coalition is on a journey to change the cyber risk mitigation landscape by combining technology and security insights with insurance best practices. They are actively helping policyholders before they experience a loss, effectively ushering in a new era of cyber insurance.”

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