Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
GEICO Launches End-to-End Ridesharing Coverage in Texas
Jun 18 2015 // GEICO has unveiled a new auto insurance product in Texas for drivers of on-demand transportation network companies (TNC) like Uber, Lyft, Sidecar that covers both personal and ridesharing needs. GEICO Senior Vice President...
ACE Launches General Liability Offering for Multinational Middle-Market Companies
Jun 15 2015 // ACE Group has launched a new insurance offering that combines domestic general liability coverage and international general liability coverage for U.S. middle-market companies that are expanding globally. The policy brings...
UPCIC Enters Penn. Homeowners Market
Jun 15 2015 // Universal Insurance Holdings Inc. in Florida announced on June 1 that the Pennsylvania Insurance Department has approved the homeowners insurance rates and forms of its wholly-owned subsidiary, Universal Property &...
PURE Launches Cyber Program for High-Net Worth Segment
Jun 12 2015 // Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has partnered with security firm Concentric Advisors to offer CyberSafe...
Insurance Industry Charitable Foundation Launches London Division
Jun 12 2015 // The Insurance Industry Charitable Foundation (IICF), a U.S.-based nonprofit organization funded by the insurance industry, has expanded its operations to the United Kingdom with the launch of its first international...
Fidelis Group Holdings Launches Master Port Risk Program for Maritime Industry
Jun 11 2015 // Fidelis Group Holdings, LLC (FGH) with its subsidiary company Continental Underwriters, Ltd. (CUL), have launched a new Master Port Risk Program. According to H. Elder Brown, Jr., president and chief executive officer the...
MarketScout Launches New High Net Worth Underwriting Facility
Jun 10 2015 // MarketScout, the national electronic insurance exchange and specialty MGA, has expanded its specialty high net worth underwriting practice with the addition of a new non-admitted $3.1 billion facility targeting agents with...
BHSI Launches Liability Policy for Canadian Pension & Benefit Sponsors
Jun 9 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced Executive First™ Fiduciary Liability Insurance, a new policy designed to provide straightforward, up-to-date protection for Canadian sponsors of large pension...
ProSight Specialty Launches Insurance Program for Drone Operators
Jun 5 2015 // ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries...
Allied World Launches New Cyber Risk Assessment, Mitigation Service
Jun 3 2015 // Allied World North America has launched Allied World // FrameWRX, a prescriptive and proactive cyber risk management program designed to help companies to address their exposures. This new offering provides Allied...
BTIS Announces Small Business Unit
Jun 2 2015 // Rocklin, CA, June 2, 2015 – Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the formation of their Small Business Unit, offering BOP, Excess and Commercial Package products,...
American Family Launches Coverage for Ridesharing Drivers in Colorado
May 21 2015 // American Family Insurance has introduced a new transportation network company insurance coverage in the state of Colorado, designed to meet the needs of customers who are independent contractors for transportation network...
Ohio Group Unveils Plan to Deal With Cyberattacks
May 20 2015 // A group of politicians, law enforcement members and business leaders has given its blueprint for how Ohio communities can deal with cyberattacks to the state Emergency Management Agency. The Columbus Dispatch reported the...
Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada
May 20 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI...
National Flood Services Launches Private Flood Product Suite
May 20 2015 // National Flood Services, a division of Affinity Insurance Services, has introduced a line of private flood insurance products that will be delivered via the FloodChoice agent system. The new products offer options for...
Aon Benfield Launches Canada Flood Model to Help Manage Exposures
May 18 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and...
Lloyd’s Market Association Announces 2015 Board Election Results
May 14 2015 // The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries,...
Beazley Launches Enhanced Management, Cyber Liability Policy for Law Firms
May 14 2015 // Beazley has launched “Beazley Practice Protect,” an enhanced management liability policy for law firms, designed to confront a rapidly evolving market for counsel and legal services. Beazley Practice Protect...
CNA Launches Admitted Product Liability Policy for Life Sciences
May 13 2015 // CNA has launched a new admitted product liability policy offering for the life sciences market. This product launch makes CNA one of only a handful of carriers to offer life sciences companies an admitted and non-admitted...
XL Launches Stand-Alone Automotive Parts Recall Policy
May 12 2015 // XL Group has launched a stand-alone automotive parts recall policy, a tailored product designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and...
