Coalition vs Mylo: How Do They Compare for Cyber Insurance?

Mylo compares quotes from several carriers; Coalition designs its own cyber policy, sold through appointed brokers, with monitoring included.

Coalition designs a standalone Active Cyber policy with Control monitoring. Mylo brokers cyber by comparing carriers and says the coverage can often be added to a Business Owner's Policy alongside general liability and property. ^1,⁷

What Are the Key Differences Between Coalition and Mylo Cyber Insurance?

Standalone Designed Policy Versus a BOP Add-On Path

Coalition designs and distributes its own cyber policy. Mylo brokers by comparing quotes from multiple carriers and says cyber can often be added to a BOP depending on the carrier, next to general liability, commercial property, and business interruption. That packaging choice changes whether cyber stands alone or rides a package. Choose Coalition if you want a standalone designed form plus monitoring; choose Mylo if you want a broker to compare carriers and possibly add cyber to a BOP. ¹ ⁷

Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. ⁷Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.

Threat List Versus Included Monitoring

Mylo names hacking, spear phishing, employee or partner data errors, and malware or ransomware as the threats the coverage addresses, and markets to businesses that take cards or store customer information. Coalition includes Control monitoring rather than publishing that threat list. Mylo's page does not describe a comparable monitoring platform. ⁷ ²

What Should You Confirm in Coalition and Mylo Cyber Insurance Quotes?

Ask Mylo whether cyber is standalone or endorsed onto a BOP, and which insurer is quoting. ⁷
Ask Coalition for breach-response versus main limits. ¹
Get Mylo's limits and retentions; the page publishes none. ⁷

Coalition vs Mylo Cyber Insurance Compared

Coalition vs Mylo: Cyber Insurance: documented features by provider

Criteria	Coalition Active Cyber Insurance	Mylo Cyber Insurance
Who It’s For	Coalition states that its admitted and surplus lines cyber policies are offered in all 50 states and Washington, D.C. ⁴Company-reported. Availability help article; eligibility for a particular business depends on underwriting.	Mylo markets cyber insurance to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. ⁷Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.
Coverage Features	Coalition says breach-response expenses have a separate limit, so response costs do not use up the limit for other coverages. ¹Company-reported. Product-page description; the issued policy and declarations control. Coalition lists pay-on-behalf cyber extortion coverage, funds transfer fraud and business interruption losses among its cyber coverages. ¹Company-reported. Product-page coverage highlights, subject to exclusions and the policy as issued.	Mylo says cyber coverage can pay non-legal costs (breach investigation, customer notification, crisis-management and PR help, lost income, ransom reimbursement, and data restoration) as well as legal and regulatory costs, including defense and fines from a regulator such as HIPAA or from lawsuits by people affected by a breach. ⁷Company-reported. Cyber insurance product page; the issued policy and its exclusions control. Mylo names hacking and social-engineering attacks (such as spear phishing), employee or partner data errors and misuse, and malware or ransomware as the cyber threats this coverage is designed to address. ⁷Company-reported. Cyber insurance product page. Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. ⁷Company-reported. Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section.
Role in This Line	Coalition designs and distributes its own cyber policy and pairs it with security monitoring and incident-response services. ¹Company-reported. U.S. Active Cyber Insurance for small and midsize businesses, as described on the product page.	Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ⁷Company-reported. Cyber insurance product page.

Criteria

Coalition Active Cyber Insurance

Mylo Cyber Insurance

Who It’s For

Coalition states that its admitted and surplus lines cyber policies are offered in all 50 states and Washington, D.C. ⁴Company-reported. Availability help article; eligibility for a particular business depends on underwriting.

Mylo markets cyber insurance to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. ⁷Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.

Coverage Features

Coalition says breach-response expenses have a separate limit, so response costs do not use up the limit for other coverages. ¹Company-reported. Product-page description; the issued policy and declarations control.

Coalition lists pay-on-behalf cyber extortion coverage, funds transfer fraud and business interruption losses among its cyber coverages. ¹Company-reported. Product-page coverage highlights, subject to exclusions and the policy as issued.

Mylo says cyber coverage can pay non-legal costs (breach investigation, customer notification, crisis-management and PR help, lost income, ransom reimbursement, and data restoration) as well as legal and regulatory costs, including defense and fines from a regulator such as HIPAA or from lawsuits by people affected by a breach. ⁷Company-reported. Cyber insurance product page; the issued policy and its exclusions control.

Mylo names hacking and social-engineering attacks (such as spear phishing), employee or partner data errors and misuse, and malware or ransomware as the cyber threats this coverage is designed to address. ⁷Company-reported. Cyber insurance product page.

Role in This Line

Coalition designs and distributes its own cyber policy and pairs it with security monitoring and incident-response services. ¹Company-reported. U.S. Active Cyber Insurance for small and midsize businesses, as described on the product page.

Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. ⁷Company-reported. Cyber insurance product page.