Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
WTW Launches Crisis Management Business Unit for Security Risk Management
Jan 12 2022 // Willis Towers Watson announced the formation of a new Crisis Management unit with the merger of Special Contingency Risks (SCR) and the Terror and Political Violence teams, which will sit within its Financial Solutions...
Specialist MGA Platform Pine Walk Launches Energy Liability MGA, OPEnergy
Jan 12 2022 // Pine Walk Capital Ltd., the London-based specialist MGA platform, has announced the launch of its sixth MGA, OPEnergy Ltd. OPEnergy received regulatory approval from the UK regulator on Jan. 6, 2022 and will write onshore...
Germanna Community College Launches First High School Cybersecurity Class
Dec 28 2021 // The 10 students in Stephen Tate’s cybersecurity fundamentals class are unwitting multitaskers. In addition to preparing to pass the Computing Technology Industry Association’s Security+ exam – an exam...
Argo Announces Sale of ArgoGlobal SE as Group Focuses on U.S. Specialty Insurance
Dec 20 2021 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance, announced an agreement to sell its Malta business operations, ArgoGlobal Holdings (Malta) Ltd. and its subsidiaries, to...
Goosehead Insurance to Enter Life Insurance Market with Ethos
Dec 8 2021 // Independent personal lines insurance agency, Goosehead Insurance Inc., has enter into the life insurance space through an alliance with insurtech Ethos Life (Ethos). The company announced today that through...
AGCS, Insurtech Visicover Launch Marine Insurance Service for UK Leisure Vessel Owners
Dec 7 2021 // Allianz Global Corporate & Specialty (AGCS), Allianz’ entity for large-scale corporate and specialty risks, announced the launch of an online marine insurance service designed for UK leisure vessel owners in...
Charles Taylor Accelerates Growth Course in the US as it Launches New Business Lines, Acquisitions and Attracts Top-Tier Talent
Dec 7 2021 // Achieving Rapid Growth in the US Since Rolling Out National Expansion Strategy NEW YORK, NEW YORK – DECEMBER 7, 2021 – Charles Taylor Adjusting and Technical Services, a leading global loss adjusting business, today...
Willis Towers Watson Launches Industry Risk Forum for Ports and Terminals
Dec 2 2021 // Insurance broker Willis Towers Watson announced the launch of a dedicated risk forum for the ports and terminals industry. With ports and terminals client members worldwide, as well as risk forum specialists from Willis...
Applied Specialty Underwriters Launches New Infrastructure, Construction Practice
Nov 30 2021 // Applied Specialty Underwriters has launched a new infrastructure and construction practice and named Christopher Day as president. Additionally, John Schlosser has been named to lead the infrastructure underwriting...
Moody’s Analytics Launches Asset-Liability Management Tool for Insurance Investment
Nov 29 2021 // Moody’s Analytics has launched an asset-liability management (ALM) solution for insurance companies called of RiskIntegrity™ Investment Insight. The new tool combines data and modeling capabilities from across...
AgentSync Launches AutoPilot, Pairing Leading Technology with Always-on Partners to Unlock Growth for Carriers & Agencies
Nov 16 2021 // AutoPilot revolutionizes insurance licensing services by pairing modern technology, deep expertise, and high-touch service, powering growth for agencies and carriers DENVER, CO – November 16, 2021 – AgentSync, the...
Coalition Enters Executive Risk Insurance Market for Small Business
Nov 10 2021 // Coalition has launched new executive risks insurance products for small and midsize businesses. The directors and officers (D&O) and employment practices liability (EPL) coverages are underwritten by Zurich North...
Lloyd’s Broker MNK Re Launches Specialty Wholesale and Retail Unit
Nov 10 2021 // MNK Re Ltd., the London-headquartered Lloyd’s specialist broker, is launching MNK Re UK Specialty Ltd., to focus on UK wholesale and retail business. This new business will build out a wider category of risk...
AXIS Insurance Enters North American Pet Insurance Market With MGU Petplan
Nov 10 2021 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market via its Accident and Health unit through a strategic relationship with managing...
Insurtech Lemonade Enters ‘Green’ Auto Insurance Business
Nov 3 2021 // Home, renters and pet insurer Lemonade is deploying its artificial intelligence, behavioral economics and social good mantra with its newest product, Lemonade Car. Lemonade Car is designed to offer better auto insurance...
California Announces Workers’ Comp Temporary Total Disability Rates for 2022
Oct 25 2021 // California’s Division of Workers’ Compensation announced that the 2022 minimum and maximum temporary total disability rates will increase on Jan. 1, 2022. The minimum TTD rate will increase from $203.44 to...
NCCI Launches Workers’ Comp Learning Academy for Carriers
Oct 22 2021 // The National Council on Compensation Insurance has launched a workers’ compensation learning academy for member carriers. “NCCI affiliates have asked for convenient training and development programs focused on...
Cowbell Cyber, Palomar E&S Enter Multi-Year Partnership
Oct 21 2021 // Cowbell Cyber, an AI-powered cyber insurance provider for small to medium enterprises, announced a strategic partnership with Palomar Excess & Surplus Insurance Co. to expand its offerings on a non-admitted basis...
Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and...
Acrisure Enters Brazilian Market with Purchase of Broker It’sSeg
Oct 21 2021 // Acrisure, the Grand Rapids, Mich.-based global insurance broker, announced it has signed an agreement to acquire It’sSeg, the largest independent benefit management and insurance broking firm in Brazil. The...
