C

Coaction Specialty Insurance

Underwrites tailored specialty insurance solutions

Overview

Coaction Specialty Insurance provides tailored coverage for specialty businesses in casualty, entertainment, excess casualty, executive liability, and multiline property. Policies are crafted from underwriting expertise and focused distribution partnerships, with services that address each client’s unique risks. Modern technology speeds quoting, binding, and policy management, while claims handling and customer support ensure ongoing service. The goal is to help niche clients grow by delivering customized coverage and reliable, long-term relationships.

Work here?Claim your company

About Coaction Specialty Insurance

Simplify's Rating
Why Coaction Specialty Insurance is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareFinancial Services

Company Size

501-1,000

Company Stage

IPO

Headquarters

Morris Twp, NJ

Founded

2009

Get referred to Coaction Specialty Insurance

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • Coaction reported $1.5 billion 2025 premium, showing scale inside niche specialty lines.
  • June and July 2026 hiring of Mary Henderson expands professional-lines production and distribution reach.
  • September 2023 capital raise added roughly $200 million for growth and portfolio expansion.

What critics are saying

  • Coaction faces a Texas contract suit filed October 27, 2026, tying up management time.
  • Coaction remains inside multiple 2026 insurance and breach disputes with Gotham and New York Marine.
  • If underwriting discipline slips, specialty casualty losses can destroy 2023 capital gains fast.

What makes Coaction Specialty Insurance unique

  • Mary Henderson joined in July 2026, strengthening professional-lines underwriting and wholesaler access.
  • TowerBrook and Further Global back a private specialty carrier with $1.5 billion 2025 premium.
  • Duck Creek migration modernized policy, billing, and templates on Azure since September 2022.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$200M

Above

Industry Average

Funded Over

2 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance

Growth & Insights and Company News

6 month growth

2%

1 year growth

-1%

2 year growth

0%
The Insurer
Jun 9th, 2026
Exclusive: Amwins professional lines leader Henderson joining Coaction.

Exclusive: Amwins professional lines leader Henderson joining Coaction. By James Thaler Published: Tue 9 Jun 2026 Mary Henderson, who has led Amwins' national professional lines practice since David Lewison's departure last month, is leaving the wholesale distributor to join Coaction Specialty Insurance Group, according to people familiar with the matter. Want to read this article? For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Coverager
Dec 14th, 2024
New York Marine Launches Cyber Suite 2.0

New York Marine and General Insurance Company, part of. Coaction <i class="fa fa-info-circle company-popover" data-content="h3Coaction/h3. div

The Insurer
Jul 30th, 2024
Coaction Global names Hiscox USA's Spunberg COO

Morristown, New Jersey-based specialty insurer Coaction Global has appointed former Hiscox USA executive Bertrand Spunberg as chief operating officer.

Reinsurance News
May 24th, 2024
Coaction Specialty names former Ascot Re CEO Berger as Chairman

Coaction Specialty Insurance Group, a privately-owned, specialty P&C insurer, has named former Ascot Re executive, John Berger as Chairman of the Board, effective immediately.

Reinsurance News
May 10th, 2024
Cover Whale hires Khurana & Hart as Chief Product Officer & Chief Architect

Meanwhile, Hart joins the organisation from Coaction Specialty Insurance where he previously led architecture and data efforts, as well as playing a critical role in shaping the company's technology landscape, serving as Chief Technology Officer.

Recently Posted Jobs

Sign up to get curated job recommendations

Coaction Specialty Insurance is Hiring for 15 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs