Latest New Markets Headlines

All the headlines from our New Markets Topic Page, ordered by recency.

Cabrillo Coastal Launches Flood Endorsement for South Carolina Homeowners

Apr 2 2019 // Cabrillo Coastal General Insurance Agency has launched a flood endorsement for new or existing Safe Harbor Homeowners policies in South Carolina. The coverage, according to Cabrillo, was built from a different rating...

HDI Global Specialty to Launch Australia General Aviation Team, Led by QBE’s Bowes

Mar 28 2019 // HDI Global Specialty SE – Australia, the new specialty lines insurer, has recruited Jamie Bowes as head of Aviation as a first step to developing a general aviation footprint in the Asia Pacific markets. Bowes, a...

Universal Insurance Holdings Enters Illinois’ Homeowners Market

Mar 26 2019 // Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Universal Insurance Holdings Inc., has entered the market for homeowners insurance in Illinois. The company is now offering homeowners...

Berkley Launches Private Company Primary Management Liability Policy

Mar 19 2019 // Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address...

BHSI Launches Professional Liability Cover for Asset Managers and Funds in UK, Ireland

Mar 18 2019 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage...

AGCS Launches Product Recall Cover for UK Auto Parts Manufacturers

Mar 14 2019 // Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of...

Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit

Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...

Marsh Launches Intellectual Property Product With Broad Defense Coverage

Mar 13 2019 // Marsh has launched IP Protect – an insurance product tailored to address organizations’ intellectual property (IP) risks. A proprietary Marsh policy, IP Protect is backed by Ambridge Partners, a managing general...

CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 12 2019 // CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name. Accirdubg to Dave...

Texas’ CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 8 2019 // Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk. Additionally, CRC Group has entered into an exclusive partnership...

Arrowhead Launches Commercial Earthquake Program in California

Mar 7 2019 // Arrowhead General Insurance Agency has launched Quake Assist — a commercial earthquake program designed to help protect California business owners. Quake Assist is underwritten by Falls Lake National Insurance Co.,...

Beazley, Marsh Launch Cyber Coverage Product for Manufacturers

Feb 26 2019 // Beazley and Marsh have partnered to provide tailored cyber insurance cover and breach response for U.S. manufacturers. The new Manufacturer’s First Response, a Marsh and Beazley Breach Response (BBR) initiative,...

State Farm Announces 4.9% Auto Insurance Rate Decrease in Virginia

Feb 15 2019 // State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for...

QBE North America Launches Business Unit for Financial Institutions

Feb 8 2019 // QBE North America has launched QBE Integrated Advantage for Financial Institutions—a new dedicated business unit specializing in the segment The new unit offers customers access to a single team organized under a one...

UK’s Integro Offers Piracy Protection Cover for Entertainment Industry

Feb 8 2019 // Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry. The firm’s Piracy Protection Insurance is designed to...

NAS Insurance Re-Enters EPLI Market with New Management Liability Policy

Feb 5 2019 // NAS Insurance has re-entered the employment practices liability insurance market with a new three-in-one management liability product for small to mid-size businesses. The new NAS’ Management Liability policy will...

Chubb Launches Media Industry Practice for UK and Ireland

Feb 5 2019 // Chubb announced the launch of a Media Industry Practice for the UK and Ireland. This latest addition to Chubb’s existing suite of industry practices is aimed at middle market and multinational businesses, bringing...

Sportify® ‘Scholarship Insurance’ Launched: How Far has the Scholar Athlete Market Evolved?

Feb 5 2019 // Houston, TX, February 5th, 2019 – Risko Strategies, LLC, a boutique risk advisory/insurance agency, is proud to introduce to the insurance market, “SPORTIFY®”: a unique contingency insurance policy for elite...

Parent-Centric Auto Insurer, Apparent, Launches in Texas

Feb 4 2019 // Apparent Insurance, a new auto insurance company designed for parents by parents, has begun offering coverage in Texas. The company has been established to provide specialized coverage and services for parents at every...

SIS Wholesale Insurance Services Launches Online Commercial Excess Program

Feb 1 2019 // Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched an online Commercial Excess Liability program. This program offers follow...