Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Experienced Insurance Provider Launches New Non-Standard Auto Program in Texas
May 4 2021 // IRVING, Tx., May 3, 2021 — Breckenridge Group has launched Breckenridge General Agency (BreckGen), a non-standard auto insurance managing general agency providing Texas insurance agents with a new outlet for affordable...
Beat Capital Launches Tegron Specialty for D&O; Names Navigators’ Shore CEO
May 4 2021 // LONDON – Beat Capital Partners Ltd. and industry veteran Paul Shore have opened a new underwriting vehicle Tegron Specialty that will focus on directors and officers insurance for publicly traded companies, specializing...
India’s Choice Group Launches Digital Insurance Marketplace ISMOS
May 4 2021 // India’s Choice Group has launched an insurance aggregator platform called ISMOS that will offer life, health and general insurance. Suyash Patodia, executive director of Choice Insurance Broking, calls ISMOS is a...
Wisconsin’s M3 Insurance Unveils M3 Elevate for Small Businesses, Individuals
Apr 30 2021 // Madison, Wisconsin-based M3 Insurance (M3), an insurance broker and risk management firm with seven locations throughout Wisconsin and Illinois, has launched M3 Elevate (Elevate), a new division that encourages small...
Houston’s Skyward Specialty Launches Healthcare Professional Liability Group
Apr 28 2021 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has launched its Healthcare Professional Liability practice led by Brenda Craig, April Gilcreast and Chantelle Burton. Underwriting will focus on...
Integrated Specialty Coverages Launches Vacant Property Program
Apr 27 2021 // Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched its Vacant Property Program...
Lemonade Revving Up to Enter Car Insurance Market
Apr 20 2021 // Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S. The insurtech...
South Africa to Launch Compensation Fund to Allay Vaccine Makers’ Liability Concerns
Apr 20 2021 // JOHANNESBURG – The South African government’s compensation fund to cover potential injuries from COVID-19 vaccines could cost around 250 million rand ($17.5 million) in the first year, the health minister said in...
Willis Towers Watson Launches ‘Radar Workbench’ for Commercial Underwriters
Apr 16 2021 // Insurance broker Willis Towers Watson has launched Radar Workbench, new software technology aims to transform the performance of frontline commercial underwriters. “Radar Workbench has been developed to provide the...
Simply Business Launches Liability Insurance for Social Workers
Apr 13 2021 // Simply Business, Inc., a Boston-based digital insurance agency offering small business owners access to insurance providers, has partnered with the National Association of Social Workers (NASW) Risk Retention Group, Inc....
UK Insurtech Zego Launches Flexible Cover for Food, Grocery Delivery Businesses
Apr 5 2021 // Zego, the London-based insurtech and commercial motor insurance provider, has launched two new flexible insurance products for moped and e-bike fleets in the UK. The new products, developed in partnership with Wakam,...
360 Coverage Pros Launches Tax Preparer Professional Liability Program
Mar 31 2021 // 360 Coverage Pros has launched a professional liability insurance program for tax preparers with an online application. The program features liability limits of up to $1 million and is designed for professionals providing...
RPS, AXIS Insurance Launch Coverage for Home-Based Businesses
Mar 30 2021 // E&S wholesale broker and managing general agency Risk Placement Services (RPS) has launched an insurance product for home-based businesses with AXIS Insurance that is available to purchase online. The quote-bind-issue...
Wisconsin’s Society Insurance to Enter Texas Hospitality Market
Mar 18 2021 // Wisconsin-based Society Insurance has plans to launch its insurance programs for the hospitality industry in Texas this year. In business for more than 100 years, Society Insurance offers property/casualty coverages,...
Sierra Specialty Launches Nationwide Agribusiness Program
Mar 8 2021 // Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture...
CNA’s Cyber Risk Services Program, CNA CyberPrep, Launched in Canada
Mar 5 2021 // CNA announced that CNA CyberPrep, a proactive cyber risk services program, has been launched in Canada. Already available to CNA’s customers in the United States, CNA CyberPrep helps cyber policyholders with threat...
Specialty Re/insurer SiriusPoint Launches with More Than $3 Billion in Capital
Feb 26 2021 // SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial capital. The company was created from the merger of specialty reinsurer...
Texas’ Upland Capital Group Launches Excess Transportation Liability Program
Feb 25 2021 // Newly launched specialty lines insurer, Dallas-based Upland Capital Group (Upland), has added an Excess Transportation Liability (XTL) specialty insurance offering targeting fleet sizes up to 250 revenue producing...
Furtschegger Appointed Global Head of Entertainment Line of Business at AGCS
Feb 24 2021 // Michael Furtschegger has been appointed as global head of Entertainment at Allianz Global Corporate & Specialty (AGCS), reporting directly to Dr. Renate Strasse, AGCS SE board member and chief underwriting officer...
Willis Towers Watson, Liberty Specialty Markets Launch Reputational Crisis Coverage
Feb 24 2021 // Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and...
