Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
London Market Group Launches Team to Manage Market Services Modernization
Apr 13 2018 // The London Market Group (LMG) announced the launch of London Insurance Market Operations & Strategic Sourcing (LIMOSS) led by Patrick Molineux as managing director. LIMOSS has been established to source and manage the...
Chubb Launches Online Cyber Risk Index
Apr 12 2018 // Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry. Access to the new proprietary online Chubb Cyber...
Specialty Insurance Group Launches Online Coverage Portal for Special Events
Apr 11 2018 // Specialty Insurance Group (SIG), a unit of Everest Insurance and a member of the Everest Re Group companies, has released an online portal for brokers and clients to obtain immediate liability coverage for special...
Barbican Launches Cyber Resilience Product Called ‘One-Step-Ahead’
Apr 11 2018 // Barbican Insurance Group announced the launch of a product partnership with two cyber risk management specialists to help insureds assess and improve their cyber resilience. Called Barbican Cyber...
UPCIC Writes First Homeowners Policy, Launches Universal Direct in New Hampshire
Apr 6 2018 // Universal Insurance Holdings Inc.’s wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has commenced operations and written its first homeowners policy in New Hampshire. It has also...
Everest Insurance Launches Private Company Management Liability Policy
Apr 6 2018 // Everest Specialty Underwriters (ESU), a division of Everest Insurance, has launched Everest Expedition, a private company management liability policy. This new modular management and professional liability policy is...
Workers’ Compensation Insurer Stonetrust Enters Missouri, Tennessee
Apr 3 2018 // Workers’ compensation insurer Stonetrust Commercial Insurance Co. has begun writing business in Missouri and Tennessee. Stonetrust, which is headquartered in Baton Rouge, Louisiana, is also writing in Louisiana,...
UK MGA Castel Specialty Launches Global Property Facultative Reinsurance Cover
Apr 3 2018 // Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has added a global property facultative reinsurance offering to its portfolio. Paul Witzenfeld joins Castel Specialty...
Everest Unveils Cyber Insurance Policy for Companies in All Industries
Apr 2 2018 // Everest Re Group, Ltd. has launched Everest Insurance Cyber Elevation Insurance Policy, which provides comprehensive cyber coverage and risk mitigation and remediation services to companies across all industry...
Specialty Insurer Fortegra Financial Corp. Launches EU Subsidiary in Malta
Mar 29 2018 // Fortegra Financial Corp., a Jacksonville-based international specialty insurer and subsidiary of Tiptree Financial, announced the creation of a wholly owned European subsidiary in Malta. The unit, called Fortegra Europe...
Schinnerer Launches PL Coverage for Materials Transparency Consultants
Mar 29 2018 // Underwriting manager Victor O. Schinnerer & Company has launched a dedicated professional liability policy for materials transparency consultants. Born out of the Leadership in Energy and Environmental Design (LEED)...
TMK Launches Cyber & Services Cover to Help Combat Evolving Cyber Threat
Mar 27 2018 // Tokio Marine Kiln (TMK), the London-based specialist and corporate insurance business, launched Cyber Ctrl, a new insurance and services policy to protect clients against the impact of cyber attacks. Addressing an...
Chubb Launches Coverage for Small Life Sciences Businesses
Mar 22 2018 // Chubb has launched new insurance coverage addressing property and casualty exposures for small life sciences companies. According to Jim Williamson, division president, Small Commercial Insurance, Chubb North America,...
UK Broker BMS Launches Innovation Lab to Drive Company, Industry Transformation
Mar 15 2018 // BMS Group Ltd., the London-based re/insurance broking arm of Minova Insurance, announced the launch of BMS Innovation Labs, a platform that aims to drive change and innovation within the company and the wider insurance...
Specialty Program Group Launches Flagship Marine Underwriters
Mar 13 2018 // Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in...
AFL Insurance Brokers Launches Marine Division, Hires Mott from Ed to Lead Unit
Mar 13 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the launch of a commercial marine division, and the appointment of Alex Mott as director of Marine. A senior marine insurance professional with 16 years...
Hiscox Launches Mental Health Professional Liability Policy
Mar 9 2018 // Hiscox has added new coverages to its insurance policy for U.S. businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a variety of specialized benefits for mental...
Tennessee Workers’ Comp Bureau Launches Online Filing System
Mar 8 2018 // The Tennessee Bureau of Workers’ Compensation has begun using a new online filing system. A news release says the TNComp system lets attorneys and self-represented litigants file without printing copies or traveling...
Sompo International to Launch Specialty Operation in Spain; Executive Team Named
Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...
After Poor Results, Greenlight Re ‘Repositioning,’ Entering New Classes of Business
Feb 22 2018 // Hedge fund manager David Einhorn said a shift in favor of value stocks may soon be coming even after his firm posted its worst underperformance in almost two decades. “While we’ve never underperformed like...
