Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates
Jul 3 2018 // Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the...
Neon Launches Copenhagen-Based Marine Business, Orca
Jul 2 2018 // Neon announced the launch of Orca Insurance Agency, a Lloyd’s approved coverholder which will underwrite Nordic marine business on behalf of Neon Syndicate 2468. Headquartered in Copenhagen and led by CEO Lars...
REIN, Liberty Specialty Markets Launch On-Demand Drone Coverage
Jun 29 2018 // REIN, an insurtech company providing insurance for risks posed by robotics, mobility and online ecosystems, has launched its first digital portal, DroneInsurance.com, offering drone insurance for commercial drone...
Aon Launches Intellectual Property Liability Coverage
Jun 28 2018 // Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in...
XL Catlin Launches Specialty Aviation Insurance in Mexico
Jun 22 2018 // XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks. With an established presence in Latin America and aviation...
Aon Launches Updated Thai Flood Model to Support Underwriters in Market
Jun 20 2018 // Aon plc, the London-based professional services firm, has launched an updated Thailand flood catastrophe model to improve understanding of this peril and help insurers build resilience for businesses and...
Insurtech MGA Corvus Insurance Launches ‘Smart’ Cyber Coverage
Jun 18 2018 // Corvus Insurance, an insurtech managing general agent, has released a new cyber insurance offering for organizations with up to $1 billion in annual revenue. The new Smart Cyber Insurance product includes the features of a...
Digital Workers’ Comp Agency Pie Insurance Enters 3 More States
Jun 18 2018 // Digital agency Pie Insurance has begun selling its low-cost small business workers’ compensation insurance policies online in Colorado, Louisiana and Texas. That brings the total states for Pie to seven, as in March...
XL Catlin Launches Auto Terror Protect Coverage for Vehicle Terrorist Attacks
Jun 8 2018 // XL Catlin’s has launched a new insurance product for companies with fleets of vehicles which could be used as a weapon in a terrorist attack. According to Mark Steddon, senior underwriter, Terrorism & Political...
Westlake Launches Spot Insurance for Auto Dealers in California
Jun 8 2018 // Westlake Financial Services has launched the Spot Delivery Insurance program, underwritten by Knight Management Insurance Services, LLC, for its dealer partners in California. Westlake’s new Spot Insurance program is...
Digital Workers’ Comp Agency Pie Insurance Enters 3 More States
Jun 6 2018 // Digital agency Pie Insurance has begun selling its low-cost small business workers’ compensation insurance policies online in Colorado, Louisiana and Texas. That brings the total states for Pie to seven as in March...
Monomoy, Rogers & Gray, Spinnaker Launch Admitted Homeowners Product in Mass.
May 30 2018 // Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and...
XL Catlin Launches Injury, Security Coverage for Visitor Attractions in UK, Ireland
May 17 2018 // XL Catlin has launched Leisure Protect – an insurance package aimed at the mid to large visitor attraction sector. The coverage offers assistance as a result of a catastrophic injury and against a range of security...
AAA Carolinas Launches Inland Flood Coverage for Homeowners
Apr 30 2018 // AAA Carolinas Insurance has launched new inland flooding protection for policyholders. The Inland Flood Coverage is one of three new enhancements offered by AAA Carolinas Insurance, headquartered in Charlotte, N.C. Home...
Prospect General Launches Flood Insurance Product in Indiana
Apr 25 2018 // Prospect General Insurance Agency (Prospect General) has expanded Flood Guard, an admitted residential flood insurance product, into Indiana. Flood Guard, written through Palomar Specialty Insurance Company, provides...
Specialty Program Group Launches New Heights Insurance Solutions in Pennsylvania
Apr 20 2018 // Specialty Program Group LLC (SPG), an insurance holding company for specialty brokerages and underwriting facilities, has launched Eastern Pennsylvania-based New Heights Insurance Solutions (New Heights). New Heights...
Ensurance UK Launches Combined Construction Liability Product
Apr 19 2018 // Ensurance UK Ltd., the niche construction and engineering managing general agent (MGA) and Lloyd’s coverholder, has launched a combined construction liability product, backed by Faraday Syndicate 435 at...
Cyber Analytics Firm Envelop Risk Launches Cyber MGA
Apr 17 2018 // Envelop Risk, a London-based cyber insurance analytics firm, announced the launch of a cyber managing general agent (MGA). Envelop Risk provides cyber underwriting to re/insurers and partners with cyber security firms to...
Plymouth Rock Assurance Entering N.Y. Insurance Market With Latest Acquisition
Apr 17 2018 // Plymouth Rock Assurance Corporation (PRAC) is entering the New York insurance market with its acquisition of 21st Century National Insurance Company (National). PRAC previously brought its insurance portfolio to...
AXIS Launches Cyber Center of Excellence to Help Mitigate Cyber Risks
Apr 16 2018 // AXIS Capital Holdings Ltd. has launched the AXIS Cyber Center of Excellence, which aims to provide commercial insurance products and solutions for mitigating cyber risks. The AXIS Cyber Center of Excellence is intended to...
