Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
People Moves: Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l Mgmt. Liability; Gallagher Re Names 6 Senior Execs for APAC Region
Jun 6 2022 // This edition of International People Moves details appointments at Beazley and Gallagher Re. A summary of these new hires follows here. Beazley Announces MacCabe Retirement, Wheeler and Pereira Promotions for Int’l...
North Carolina Unveils Flood-Warning System for Roads
May 27 2022 // The North Carolina Department of Transportation has armed itself with an advanced flood-warning system designed to help pass the word to motorists on any flood risks to roads, bridges and culverts. A news release from the...
Insurance Technology: Socotra Snaps Up Startup Portal; Marble Mobilizes Rewards App; RMS Unveils UnderwriteIQ; Vertafore Powers Tokio Marine Surety
May 26 2022 // Socotra Acquires Avolanta, Adding Unified Agent and Customer Portal Insurance carrier technology firm Socotra reports it has acquired Avolanta, a Columbia, South Carolina software startup offering a unified portal built...
WTW Launches Cyber Coverage for Ports and Terminals
May 24 2022 // Insurance broker WTW has launched specialist cyber coverage for ports and terminals, called CyNav. Designed to address the specific cyber threats faced by port and terminal owners and operators, CyNav provides both...
FAIR Plan Launches Higher Coverage Limits for Commercial, Business Properties
May 3 2022 // The California FAIR Plan is now offering increased coverage limits for commercial and business properties. The higher limits are being made available in response to customer requests for FAIR Plan coverage of higher value...
UK’s Flood Re Launches Scheme to Help Homowners Raise Resilience Against Floods
Apr 18 2022 // Flood Re, the joint initiative between the UK insurance industry and the UK government to promote the availability and affordability of flood insurance, has launched a proposition designed to ensure homes are more...
RenRe Launches Casualty, Specialty Venture for ILS Investors
Apr 6 2022 // With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 million of capital, the...
The National Alliance Launches NEW Self-Paced Courses: Intro to Commercial/Personal Lines, Flood, Ethics, Workers Compensation
Mar 24 2022 // Austin, TX., March 24, 2022 – The National Alliance for Insurance Education & Research has launched five self-paced insurance license renewal and introductory classes on the topics of Ethics, NFIP Flood Exposures,...
Music and Business Industry Specialist Gravitas Insurance Group in California Launches
Mar 17 2022 // Gravitas Insurance Group, an insurance brokerage in Los Angeles, California, designed exclusively to serve the music and business management communities, was launched this week by John Tomlinson. Tomlinson previously...
M.J. Hall Launches Admitted Cannabis Management Liability in California and Arizona
Mar 16 2022 // M.J. Hall & Co. is now offering directors and officers liability, employment practices liability and fiduciary liability insurance coverages to cannabis companies and their executives through an admitted product in...
First Chicago Launches Commercial Auto Insurance Program in Illinois And Indiana
Mar 15 2022 // First Chicago Insurance Company announced it recently launched its augmented commercial auto insurance program in Illinois and Indiana. The program covers owned or leased Vehicles, hired autos, non-owned, temporary...
People Moves: Sompo Int’l Restructures Insurance Business With 4 Teams; Miller Hires Martin for Sports & Entertainment; CFC Promotes Berry to Cyber Product Leader
Mar 11 2022 // This edition of International People Moves details appointments at Sompo International, Miller and CFC Underwriting. A summary of these new hires follows here. Sompo International Holdings Ltd., the Bermuda-based...
Gallagher Launches Insurance Business in Dubai International Financial Centre
Mar 8 2022 // Insurance broker Gallagher has launched a new business in the Dubai International Financial Centre (DIFC) to support clients across the Middle East and Africa with its specialty and facultative reinsurance solutions. The...
Texas’ Dents.co Launches App That Measures Auto Body Damage
Feb 23 2022 // Dents.co, a new software company based in Longview, Texas, has launched a mobile app that measures auto body damage and provides reporting that repairers can share with insurers partners to speed negotiation repair...
Prime Insurance Company and Prime Property & Casualty Insurance Inc. Announces the Appointment of New Board Member
Feb 23 2022 // Ms. Richards states, “It is an honor to serve a carrier so dedicated to fighting for justice on behalf of our insured partners.” Chicago, IL, February 23, 2022 — Rick J. Lindsey, President, CEO and Chairman...
Asta and JPO Consulting Launch ARTes, an MGA Specializing in U.S. Inland Marine
Feb 17 2022 // Asta, the third-party managing agent at Lloyd’s, and JPO Consulting, announced the launch of ARTes Specialty Ltd., an independent UK-based managing general agent (MGA), wholly owned by its founders and...
Tokio Marine Invests in Satellite Imaging Specialist ICEYE, Enters NatCat Collaboration
Feb 9 2022 // ICEYE, the Helsinki-based synthetic aperture radar (SAR) data provider and specialist in natural catastrophe solutions, announced that Tokio Marine Holdings has made a strategic investment in the company as it looks to...
Aon Launches Cannabis-Focused Management Liability Program Greensite
Feb 3 2022 // Greensite Insurance Services, an Aon speciality insurance program, has launched a cannabis management liability program tailored toward private entities including start ups that are looking for substantial management...
BTIS Launches Expanded Workers’ Comp Coverage in California, Arizona, Colorado, Oregon, Nevada, Texas
Feb 2 2022 // Builders & Tradesmen’s Insurance Services Inc. announced access to an expanded workers’ compensation coverage option, which is now available in California, Arizona, Colorado, Oregon, Nevada and Texas. BTIS...
First Online M&A Insurance Marketplace Launches in Australia
Jan 31 2022 // io.insure, the world’s first online mergers and acquisitions (M&A) insurance marketplace for small and medium-sized business (SME) transactions, announced it has launched in Australia. The io.insure marketplace...
