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Coaction Specialty Insurance

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Coaction Specialty Insurance Group (Coaction) is a privately-owned, specialty property and casualty (P&C) insurance company headquartered in Morristown, New Jersey, with additional offices in Glendale, California, and New York City. Founded in 2009 as ProSight, the company completed a go-private transaction with investment management firm, TowerBrook Capital Partners (TowerBrook), and private-equity firm, Further Global Capital Management (Further Global), in August of 2021. Today, Coaction is a full specialty underwriter across five major product verticals: property, casualty, entertainment, executive liability, and multi-line.

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4.1

Overall Excellence Rating

Industry

Insurance Brokers & Agencies

Category

Insurance Carriers

ESG/Ethical Impact

We cultivate an authentic, results-oriented culture for the benefit of all our stakeholders. This ethos informed our decision to become the first commercial P&C insurer to convert to a Public Benefit Corporation (PBC), and it extends to the transparent, responsive approach we take to ESG issues. Coaction and our majority owner, Towerbrook Capital Partners, L.P., are certified B-Corps, a designation indicating that we meet the highest standards of verified social, environmental, public transparency, and legal accountability. We take pride in this designation and will continue to align our pursuit of sustainable ESG goals.

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Awards Received

2023

Revenues

$816,100,000.00

Website Traffic

Employee Rating

4

Customer Rating

4.6

Company Size

100-1000

ESG Risk Rating

3

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