Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Internet Insurance Group Launches Online Insurance Platform for Small Businesses
Sep 19 2016 // Internet Insurance Group (IIG), a Waltham, Mass., based insurance agency that sells commercial insurance to small businesses, has launched its flagship website, SmallBusinessQuote.com. The firm has been working to build...
Oregon’s SAIF Announces $140M in Dividends to Workers’ Comp Policyholders
Sep 15 2016 // The Oregon SAIF board of directors has decided to give workers’ compensation policyholders two dividends this year totaling $140 million. One dividend is based on premium, and the another is tied to safety...
Workers’ Compensation Market Enters Soft Market: A.M. Best
Sep 14 2016 // The workers’ compensation market has likely entered a soft market phase based on a declining trend in price increases that began in 2013, according to a new report from A.M. Best. The report titled, “State...
Chinese Firms Enter Private Health Insurance Market for Growth Opportunities
Sep 8 2016 // Gaming firms, real-estate companies and drugmakers in China are chasing what they hope will be the country’s next hot commodity: private health insurance. At least 29 publicly traded Chinese companies have announced...
Hudson Insurance Launches Commercial Excess & Umbrella Unit, Taps Farrell to Lead
Sep 6 2016 // Hudson Insurance Group has launched its new commercial excess and umbrella business unit that will provide coverage on a non-admitted basis in all 50 states. Led by Thomas Farrell, the unit will operate on a limited...
Swiss Re Corporate Solutions Launches ‘CyberSolutions Germany’
Sep 1 2016 // Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product. This advanced cyber risk protection solution provides tailored...
Sompo Canopius Launches U.S. Ocean Marine Unit; Hires XL Catlin’s Ellis to Head
Aug 31 2016 // Sompo Canopius AG is diving into the U.S. ocean marine business. The global specialty insurer and reinsurer, which is wholly-owned by Sompo Japan Nipponkoa Insurance Inc., calls this a “significant expansion”...
Allianz Launches Inland Marine Cargo Insurance Product
Aug 30 2016 // Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) has launched Transportation Block 2020, a fully integrated and comprehensive inland marine cargo insurance product,...
CNA Unveils New D&O Liability Side A-DIC Insurance Policy
Aug 26 2016 // CNA has launched a new directors & officers (D&O) Lead Side A Difference in Conditions (DIC) policy. CNA developed this policy in response to the growing mergers and acquisition (M&A) trend within the insurance...
Hanover Launches Pay-As-You-Go Workers’ Comp Coverage
Aug 19 2016 // The Hanover Insurance Group, Inc. has launched a pay-as-you-go option for workers’ compensation policies that allows insureds to pay their premiums in real-time, based on payroll. The new payment option offers...
American Integrity Insurance Launches Umbrella Coverage for Florida Homeowners
Aug 19 2016 // Tampa-based American Integrity Insurance Co., a Florida property insurance company, has launched a new umbrella policy for Florida consumers and property insurance policyholders. The new coverage offers up to $5 million in...
BTIS Announces Launch of New Online Commercial Auto Program
Aug 18 2016 // Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30...
Endurance Global Risk Solutions Launches Environmental Liability Products
Aug 17 2016 // Endurance Specialty Holdings Ltd. has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products...
U.S. Launches ‘Biggest Ever Improvement’ in Flood Forecasting
Aug 16 2016 // U.S. government weather scientists and their research partners have developed a new forecasting tool to simulate how water moves throughout the nation’s rivers and streams, paving the way for what the federal agency...
Palomar Specialty Launches New Earthquake Product in Missouri
Aug 16 2016 // Palomar Specialty Insurance Co. has launched a new residential earthquake insurance product called Flex Choice for residents of Missouri. Flex Choice allows consumers to customize their residential earthquake coverage to...
Allianz Launches Cyber Coverage to Address Emerging Risks
Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...
Ironshore Launches Coverage for Construction Project Owners
Aug 9 2016 // Ironshore Specialty Casualty has introduced Owners Protective Professional Indemnity (OPPI) coverage for specific construction projects. Ironshore’s OPPI product indemnifies the project owner for first party loss...
Professional Liability ‘Business Enterprise Exclusion’ Upheld in Wisconsin
Aug 8 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...
Chubb Enhances Cover for Commercial Entertainment Producers in UK & Ireland
Aug 4 2016 // Chubb said it has enhanced insurance policy wording for companies producing television and other advertising commercials in the UK & Ireland, as the creative industry sector continues to grow and its risks evolve. The...
Atlas General Insurance Services Announces New Online Workers’ Compensation Platform, GoQuote
Aug 3 2016 // San Diego, CA, August 3, 2016 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the launch of GoQuote, a new online quoting system for managed...
