Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients
Jul 20 2023 // AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint and support action on carbon emissions. In partnership with ClimateSeed – a company that...
People Moves: Romeo to Lead Axis US Marine Cargo Launch; Verisk Names Vaughan Chief Privacy Officer; Pelissier Joins Alliant Specialty as SVP
Jul 13 2023 // Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market. Romeo is responsible for building the program and identifying growth opportunities, with a...
People Moves: Aon Names UK Leaders for Reinsurance Solutions; Zurich Announces Key Leadership Roles for APAC Commercial Insurance
Jul 12 2023 // This edition of International People Moves details appointments at Aon and Zurich Insurance. A summary of these new hires follows here. Aon Names UK Leaders for Reinsurance Solutions Insurance broker Aon plc outlined the...
People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire
Jul 11 2023 // This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller. A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia...
Markets/Coverages: Coalition Launches Active Cyber Insurance in Quebec
Jul 11 2023 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced its cyber insurance and technology errors and omissions (E&O) insurance offerings are now available in Quebec. Brokers...
Markets/Coverages: Zurich Launches Cyber for Middle Market
Jul 11 2023 // Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber Insurance coverage but also...
Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin
Jul 3 2023 // Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately. Cibin will lead the expansion of Fusion into Southern European,...
Indiana Department of Insurance Launches Site for Reporting Cybersecurity Events
Jun 30 2023 // The Indiana Department of Insurance (IDOI) launched a new online form for insurers and entities to cybersecurity events. The online form can be found on IDOI’s website. “If an insurer and/or other licensed...
Markets/Coverages: WTW Launches Property Rebuild Assessment Service, Powered by Kroll Valuation Platform
Jun 20 2023 // Insurance broker WTW has launched a new Property Rebuild Assessment Service, powered by Kroll’s Property Insurance Valuation Platform, to provide its clients with an accurate rebuild valuations report and advice. WTW...
Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley
Jun 16 2023 // Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new automated follow-form facility, led by Beazley’s Smart Tracker Syndicate...
Allstate Announces May Catastrophe Losses, Auto Rate Hikes
Jun 15 2023 // Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax. There were a dozen events in May causing $893 million in catastrophe losses, Allstate said, but...
Tokio Marine Kiln Sets Up Cyber & Enterprise Risk Division
Jun 5 2023 // Specialist insurer Tokio Marine Kiln (TMK) has established a standalone Cyber & Enterprise Risk division as part of its effort to expand its presence in the cyber market. Led by Laila Khudairi, the Cyber &...
Flood Risk Solutions Launches LaTour Risk, Focused on Commercial Clients
Jun 5 2023 // A veteran of the flood insurance business in Florida has launched a new division of Flood Risk Solutions, tailored to commercial clients. Chad LaTour, who has worked with National General Holdings, an Allstate company, and...
After Years of Bitter Delay, Federal Agencies Unveil Flood Plan for Mississippi Delta
Jun 5 2023 // Federal officials have offered a proposal to control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays and disputes over potential environmental...
Risks on Stage: New World, New Life in Entertainment Business
May 22 2023 // Spectator Safety, Natural Catastrophes, Rising Costs Top Concerns Today As theater shows and live events return to full force this year coming off pent-up demand, underwriters are placing extra scrutiny on safety,...
ICW Group Launches Commercial Package Offering in Illinois
May 9 2023 // ICW Group Insurance Companies, a group of property and casualty carriers, announced the launch of its new commercial package insurance offering in Illinois with plans to expand throughout the U.S. The introduction of...
Markets/Coverages: Coalition Announces Executive Risks Offering for Nonprofits
May 8 2023 // Coalition today said it launched a version of its Executive Risks Insurance products designed for not-for-profit organizations. Coalition’s Executive Risks insurance for not-for-profits combines automated...
After Years of Delay, Federal Agencies Unveil Flood Plan for Mississippi Delta
May 8 2023 // Federal officials presented a proposal Thursday to further control flooding in the Mississippi Delta, a move that comes after months of work from government agencies and decades of delays amid disputes over potential...
German Insurtech wefox Launches Global Affinity Business
May 3 2023 // wefox, the Berlin-based insurtech, has launched a global affinity business, which increases its existing distribution channel and extends the ability of the company to deliver insurance solutions through partners. This...
Markets/Coverages: RSA Insurance Launches Superyacht Practice, Led by Chubb’s Grew
May 2 2023 // RSA Insurance announced it is launching a Superyacht practice, providing comprehensive cover for the larger end of the market, which is traditionally professionally skippered and crewed. The practice will be led by Emily...
