Coastal Insurance Underwriters, LLC focuses on creating and managing insurance products for various business classes, such as condominium associations, homeowner associations, and golf and country clubs. The company offers web-based program underwriting, real-time policy quotes and issuance, highly customizable policy systems, automated accounting and financial reporting, internal modeling and predictive analytics, agency relations and management, and product marketing to retail agents. Additionally, it coordinates claims handling and prioritizes automation to simplify complex insurance processes. Coastal's commitment to innovation is evident through its continuous development and launch of new products, as well as its expansion into additional states. On January 2, 2020, Coastal Insurance Underwriters, Inc. acquired the assets of Cybercom International Corporation, a custom software development company. This acquisition strengthened Coastal's capabilities and expanded its offerings to include personal casualty lines. Founded in 2007, Coastal operates in the financial services and insurance industries. With a clear focus on leveraging automation and technology to cater to unique marketplaces, Coastal Insurance Underwriters, LLC is positioning itself as a forward-thinking player in the insurance sector. The recent acquisition further signals the company's intent to enhance its technological capabilities and product portfolio. This strategic move can potentially position Coastal for further growth and expansion within the insurance industry.
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