Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Coalition Launches Cyber Insurance and Security Coverage in Canada
May 22 2020 // Coalition, the cyber insurance and security managing general agent, announced it is offering its products and services to Canada-based businesses. The San Francisco-based company described the offering as proactive...
Bluefire Insurance Announces 10% Temporary Auto Rate Drop in Louisiana
May 19 2020 // Irving, Texas-based managing general agent specializing in low cost auto insurance, Bluefire Insurance, said it will provide approximately $2.7 million dollars in rate relief to assist policyholders with financial...
Guy Carpenter Launches Probabilistic Philippines Flood Model
May 12 2020 // Guy Carpenter & Co., the reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the launch of a new Philippines Flood Model. The probabilistic model provides countrywide coverage and enables insurers...
EC3 Brokers Launches Casualty and Cyber Specialty Division
May 12 2020 // EC3 Brokers announced the launch of its specialty division, with the appointment of Jonathon Lane as head of the division. Lane is joined by Dominic Toogood and Gary Moore. All three joined on May 1 and initially will...
Axon Launches Cyber Insurance Program for SMEs
May 11 2020 // Axon Underwriting Services, a specialty lines program administrator, has added CyberAdvantage to its suite of specialized insurance products for small to medium size enterprises (SME). The proprietary cyber liability...
CyberCube Launches Cyber Analytics Product for Broker Market
May 11 2020 // Cyber risk analytics specialist CyberCube has launched a new software-as-a-service application designed specifically for insurance brokers called “Broking Manager.” “Broking Manager” facilitates...
California Governor Announces Workers’ Comp Presumption for COVID-19
May 6 2020 // California Gov. Gavin Newsom today announced that workers who contract COVID-19 while on the job may be eligible to receive workers’ compensation. The governor signed an executive order that creates a time-limited...
Governor Cuomo Announces Phased Reopening Plan for New York Businesses
May 5 2020 // New York Governor Andrew Cuomo has announced a reopening plan for New York businesses that includes four phases, each allowing businesses in select industries to open their doors. Businesses that are considered more...
North P&I Enters Blue-Water Hull, Machinery Market
May 5 2020 // Global marine insurer North P&I has entered the blue-water and hull and machinery market with a new insurance product line. The new offering from North is designed for larger ocean-going vessels and will complement the...
AI Specialist omni:us Partners with Insurtech Rokk3r to Enter Latin American Market
May 4 2020 // omni:us, the insurance-focused artificial intelligence (AI) solution business, has announced a partnership with Rokk3r, a global innovation technology and consulting company, to enable the AI company to enter the Latin...
Midwest Insurers AmeriTrust, Grange Unveil COVID-19 Relief for Businesses
May 4 2020 // Grange Insurance Co., based in Columbus, Ohio, and AmeriTrust Group Inc. in Southfield, Michigan, are offering relief plans to business insurance customers in response to the COVID-19 pandemic. Grange Insurance has...
Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas
Apr 29 2020 // Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas. The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to...
State Auto, Rural Mutual Unveil Auto Insurance Policyholder Relief Plans
Apr 23 2020 // Columbus, Ohio-based State Auto Insurance Companies (State Auto) and Rural Mutual Insurance Co., headquartered in Madison, Wis., have announced plans to offer auto insurance policyholders with premium relief as a result of...
Preferred Mutual Launches Relief Program for Auto Customers During Pandemic
Apr 23 2020 // Preferred Mutual Insurance Company has announced its Stay Home, Stay Assured Auto Program, which will provide more than 65,000 customers with a 15% credit on their April and May personal auto insurance premiums. The credit...
New York’s NYCM Insurance Announces Credit to Auto Policyholders
Apr 17 2020 // NYCM Insurance will be issuing a credit to its approximately 230,000 auto policyholders. All auto policyholders as of April 30, 2020, will receive a 15% credit back from their April and May premiums. Customers will not...
BHSI Launches Management Liability & Association Liability Cover in New Zealand
Apr 13 2020 // Berkshire Hathaway Specialty Insurance Co. (BHSI) has expanded its executive & professional lines offerings in New Zealand with the introduction of Management Liability and Association Liability Insurance...
BHSI Launches Professional Technology Liability Cover in Australia, New Zealand
Apr 6 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has launched Professional First Technology Liability Insurance policies in Australia and New Zealand. Both policies offer broad, customizable professional...
Skarzynski Marick Announces New Attorneys and Expansion of Cyber Practice
Apr 2 2020 // New York, NY, April 2, 2020 – Skarzynski Marick & Black LLP continues to grow and is excited to announce the addition of partners Samantha Riley, Jessica Cavallo and Suzanne Whitehead; the promotion of Rebecca...
The Upton Group Launches Delivery Service Program for Restaurants, Small Businesses
Mar 25 2020 // The Upton Group, LLC, a national insurance agency specializing in food delivery and restaurant insurance, has created a new website for restaurants and small businesses impacted by government orders to shut down to obtain...
AXA XL Launches Insurance Policy for Autonomous Vehicles
Mar 20 2020 // AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering will help companies developing or using the technology to better manage and transfer those...
