Best Read New Markets Headlines
Headlines from our New Markets Topic Page with the most time spent reading.
#1 Everest Insurance Launches Dedicated Wholesale, Programs Market Division in US
Sep 19 2023 // Everest Insurance, the insurance division of Everest Group Ltd., has launched a dedicated U.S. Wholesale and Programs Division to serve the distinct and evolving needs of this market. “This dedicated offering...
#2 Flood Risk Solutions Launches LaTour Risk, Focused on Commercial Clients
Jun 5 2023 // A veteran of the flood insurance business in Florida has launched a new division of Flood Risk Solutions, tailored to commercial clients. Chad LaTour, who has worked with National General Holdings, an Allstate company, and...
#3 Risks on Stage: New World, New Life in Entertainment Business
May 22 2023 // Spectator Safety, Natural Catastrophes, Rising Costs Top Concerns Today As theater shows and live events return to full force this year coming off pent-up demand, underwriters are placing extra scrutiny on safety,...
#4 Allstate Announces May Catastrophe Losses, Auto Rate Hikes
Jun 15 2023 // Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There were a dozen events in May causing $893 million in catastrophe losses, Allstate said, but...
#5 Markets/Coverages: Driver Technologies Launches Video Telematics-Based Driver Score
Dec 7 2023 // Driver Technologies, Inc., an AI-based mobility tech company, has announced its Driver Technologies Rating Service Inc. (DTRS) is rolling out its newly launched driver score to commercial fleets and insurance partners. In...
#6 People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire
Jul 11 2023 // This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller. A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia...
#7 People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine
Aug 8 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy. A summary of these new hires follows here. BHSI Names AIG’s Bidmead as Head of...
#8 Wright Flood to Launch Residential, Private Flood Insurance Option in 5 States
Aug 22 2023 // Wright National Flood Insurance Services introduced FocusFlood, the company’s newest product and an extension of its popular ResiFlood program, into Florida, Texas, New Jersey, South Carolina and Louisiana. Written...
#9 Markets/Coverages: Zurich Launches Cyber for Middle Market
Jul 11 2023 // Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber Insurance coverage but also...
#10 Markets/Coverages: Coalition Exec Risk Insurance Now on Surplus Paper; ISO Adds 160 New BOP Classifications; MGU Verita Launches
Oct 5 2023 // Coalition’s Executive Risks Insurance Now Available On Surplus Lines Paper Coalition announced its executive risks insurance products are now available on surplus lines paper, making comprehensive management...
#11 People Moves: Aon Names UK Leaders for Reinsurance Solutions; Zurich Announces Key Leadership Roles for APAC Commercial Insurance
Jul 12 2023 // This edition of International People Moves details appointments at Aon and Zurich Insurance. A summary of these new hires follows here. Aon Names UK Leaders for Reinsurance Solutions Insurance broker Aon plc outlined the...
#12 Markets/Coverages: McGill and Partners Launches Coverage for Corporate Insolvency as D&O Policy Extension
Nov 20 2023 // McGill and Partners, the London-based boutique specialist re/insurance broker, has launched SAIFElimits, a coverage solution for corporate insolvency. The scheme is designed to be incorporated into any primary directors...
#13 Markets/Coverages: QBE North America, Converge Launch New Cyber Program
Jul 28 2023 // QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber...
#14 SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal
Jul 26 2023 // Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend...
#15 Insurance Technology: Embroker Partners with Dashlane and Cowbell; Betterview and EagleView Launch Property Intelligence Alliance
Jul 26 2023 // Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage. “Through Cowbell and Dashlane, we are not only...
#16 Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility
Jan 29 2024 // Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility,...
#17 Liberty Mutual Announces 850 Additional Layoffs
Oct 27 2023 // Boston-based global insurer Liberty Mutual has confirmed that it is laying off about 850 workers, or 2% of its workforce, in the U.S. The terminations will be felt in several departments this month and many will become...
#18 Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses
Apr 5 2024 // Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses...
#19 Markets/Coverages: HUB International Launches Platform to Manage Insurance Needs of Franchisors, Fanchisees
Jul 21 2023 // HUB International Ltd. (HUB), the Chicago-based insurance brokerage and financial services firm, announced the launch of HUB Franchise Insurance Solutions, a digital platform to help franchisors and franchisees manage...
#20 Acturis Enters U.S. Market with Acquisition of Broker Buddha
Aug 4 2023 // After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York...
