Coaction Specialty Insurance

Coaction Specialty Insurance Group is a privately held, specialty property and casualty insurance company headquartered in Morristown, New Jersey. Founded in 2009 as ProSight, the company rebranded as Coaction in 2022. Coaction is a full specialty underwriter across major product verticals including Property, Primary Casualty, Excess Casualty, Entertainment, Professional Lines, Binding Authority, and Marine, Energy, & Transportation. They provide a range of coverages to customers across the U.S. via both open brokerage and delegated underwriting authority platforms.

Coaction’s culture is described as authentic, collaborative, and results-oriented. Their focus is on fulfilling the needs of each individual customer by combining product, analytics, and underwriting capabilities with strong industry knowledge and partnerships. The company takes a data-driven approach to risk management, working with customers and partners to build a more ambitious, confident, and sustainable future. They are committed to environmental, social, and governance (ESG) issues and are certified B-Corps, a designation that signifies the highest standards of verified social, environmental, public transparency, and legal accountability.

Coaction Specialty Insurance offers a hybrid work environment, encouraging employees to work collaboratively at a Coaction office location for an average of three days a week. However, the company understands the importance of work-life integration and allows employees to manage their own schedules and adjust their work days based on their needs. This flexibility enables employees to create a schedule that suits their personal and professional commitments, promoting a balanced work-life approach.

Coaction offers a competitive benefits package focused on work-life integration. Employees enjoy discretionary time off, a hybrid work environment allowing them to work from home an average of three days a week, a 401(k) match program with a dollar-for-dollar match up to 6%, and comprehensive health insurance through Aetna, including dental and vision coverage through Guardian.

Coaction Specialty Insurance Group's mission is to collaborate with customers and industry partners to proactively manage risk, enabling businesses and communities to build a more ambitious, confident, and sustainable future. They achieve this by combining analytical ability with practical reasoning to create innovative insurance products, solidifying their position as a world-class specialty insurance company.

Coaction Specialty Insurance promotes a results-oriented culture that values collaboration, innovation, and customer focus. They strive to create an environment where employees feel empowered to take initiative, make decisions, and contribute to the success of the company. Their commitment to diversity and inclusion is evident in their decision to become a certified B Corporation, signifying their dedication to social and environmental responsibility. They prioritize work-life balance, offering flexible work arrangements and generous benefits to support employees' well-being.

Coaction Specialty Insurance Group is committed to fostering an inclusive and equitable work environment. Their values emphasize inclusivity in decision-making, fostering diverse perspectives, and ensuring participation from a broad range of voices. Their commitment to ESG accountability includes a focus on diversity and inclusion as a key aspect of their operations. This dedication is further emphasized by their status as a certified B Corporation, signifying their dedication to meeting the highest standards of social and environmental responsibility, including diversity, inclusion, and transparency.