Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
ACE Launches $100M Cyber Security Facility for Large Corporations
Sep 25 2015 // ACE Group has launched ACE’s Global Cyber Facility to offer cyber security insurance protection for large corporations. ACE’s Global Cyber Facility provides up to $100 million of primary capacity and...
Hyundai Fire & Marine Enters California Homeowners Market
Sep 24 2015 // King Insurance has created a strategic partnership with Hyundai Marine & Fire Insurance Co. to sell Hyundai’s recently filed, California Homeowner Insurance products. Policies will be sold through King’s...
Marsh, Munich Re Launch Non-Damage Business Interruption Coverage for Life Sciences
Sep 23 2015 // Marsh and Munich Re have launched non-damage business interruption insurance (NDBI) product that combines risk transfer and consulting services to assist life sciences companies in managing the impact of regulatory actions...
Beazley, Aspen and Brit Launch ‘International Cyber Consortium’ at Lloyd’s
Sep 21 2015 // Beazley has joined forces with Lloyd’s syndicates managed by Aspen and Brit Global Specialty to launch the International Cyber Consortium. The consortium will focus on providing robust data breach cover to businesses...
Sierra Specialty Launches New Agri-Services Insurance Program
Sep 21 2015 // Sierra Specialty has launched a new program that provides general liability & professional liability for agri-services, including agricultural crop spraying; advisors & farm managers; pest & weed applicators...
Marsh’s Torrent Technologies Launches New Excess Flood Policy
Sep 18 2015 // Torrent Technologies, Inc., a Marsh company, in coordination with Torrent’s Write-Your-Own (WYO) carriers participating in the National Flood Insurance Program (NFIP), has the availability of a new excess flood...
Starr Companies Launches Fraudulent Impersonations Coverage
Sep 17 2015 // Starr Companies has launched fraudulent impersonations coverage, a new insurance product that covers the various kinds of theft damages that result from social engineering fraud, such as internet phishing scams. Fraudulent...
Aon Launches Cat Model for Marine & Energy Insurers
Sep 15 2015 // Aon Benfield announced it has invested in an innovative catastrophe model to help marine and energy insurers more accurately assess their cargo risks. While there are plenty of catastrophe models in the non-marine sector,...
Allied Insurance Brokers, ProSight Launch Program for Crane Industry
Sep 10 2015 // Allied Insurance Brokers has partnered with ProSight Specialty Insurance to offer an all-lines insurance program specifically tailored for the crane industry. The program includes risk management tools, loss control...
General Star Launches Online Excess Auto Program
Sep 8 2015 // General Star Management Co. has enhanced its automated excess auto quoting capabilities with its new web-based Excess Auto Instant Quote (EAIQ) platform. The new platform is available to all appointed casualty wholesale...
BHSI Enters Australia Construction Insurance Market; Appoints Team Execs
Sep 8 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its...
CFC Launches Cyber Risk Portal
Sep 2 2015 // Specialist lines underwriting agency, CFC, has extended its cyber product suite with the launch of a new online hub offering specialized cyber risk management and response services. CFC has partnered with several...
Willis UK, AIG Launch Automatically Renewing Policy for Mid-Market
Sep 1 2015 // Willis Group Holdings and American International Group, Inc. have launched “Evergreen,” described as “an innovative, new approach to insurance that removes the need for annual policy renewal – the first...
Atlas General Insurance Services, LLC Commercial Division Announces Further Product Expansion and Enhancements
Sep 1 2015 // San Diego, CA, September 1, 2015 – Atlas General Insurance Services, LLC (“Atlas”) is pleased to announce that it has recently expanded its commercial package, general liability, and inland marine...
Hudson Crop Launches Total Revenue Coverage
Aug 26 2015 // Hudson Insurance Co. has added Total Revenue Coverage (TRC) to Hudson Crop’s suite of private products. TRC is a supplemental insurance policy to multi-peril crop insurance (MPCI) that offers farmers a single, firm,...
State Auto Realigns Units, Announces Leadership Hires, Changes
Aug 25 2015 // State Auto Financial Corp. today announced changes to the company’s leadership and a redefining of the company’s key business units. The changes were announced by Mike LaRocco, who took over as president and...
ProSight Specialty, Allied Insurance Brokers Launch Scaffold Insurance Program
Aug 24 2015 // ProSight Specialty Insurance has partnered with Allied Insurance Brokers to offer coverage for the scaffolding industry. According to The Occupational Safety and Health Administration (OSHA) it is estimated that 65 percent...
Zurich Launches Management Liability Offering for SMEs in Australia
Aug 13 2015 // Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via...
XL to Acquire Entertainment Insurance Firms Allied Specialty, T.H.E Company
Aug 11 2015 // Insurer X.L. America Inc. has agreed to acquire Allied International Holdings Inc., the Florida-based holding company of Allied Specialty Insurance Inc. and T.H.E. Insurance Co., a leading insurer of the outdoor...
R-T Specialty Division Launches Retired Directors Policy with Full Binding Authority
Aug 11 2015 // R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent...
