Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Wright National Flood Insurance, Zurich Launch Private Flood Product in Florida
Sep 12 2019 // Wright National Flood Insurance Services, LLC (WNFIS) and Zurich North America have introduced Zurich Residential Private Flood Insurance program. This stand-alone admitted product launched exclusively in Florida on...
Maryland Auto Insurance’s FineFix Program Launches Statewide
Sep 4 2019 // A new state program in Maryland will help eligible residents reduce their outstanding uninsured auto fines, eliminating a hurdle to registering and insuring their vehicles. FineFix is a partnership between the Uninsured...
Paragon Launches Nationwide Workers’ Comp Program
Sep 4 2019 // Paragon Insurance Holdings LLC, a national multi-line specialty MGA (managing general agency) based in Avon, Conn., has added a new nationwide workers’ compensation insurance program. Available to their eligible...
Insurtech Kin Insurance Raises $47M to Launch Florida Homeowners Carrier
Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model. August Capital led the...
Newly-Launched CAC Specialty Combines Insurance Brokerage with Investment Banking
Aug 26 2019 // Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large...
Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers
Aug 22 2019 // Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a...
Texas’ Tricolor Launches Auto Insurance Option for Low Income Consumers
Aug 13 2019 // Tricolor, a Dallas-based used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, is now offering affordable auto insurance option for low-income and credit invisible customers through...
Everest Insurance Launches Everest Elevation REIT Management Liability Policy
Aug 9 2019 // Everest Insurance has released a new Everest Elevation REIT Management Liability Policy (Everest Elevation), which provides management liability coverage for real estate investment trusts (REITs). The Financial Lines group...
Norman-Spencer Agency Launches Closing Coverage for Residential Home Buyers
Aug 6 2019 // Insure My Closing, a new insurance program that provides expense coverage due to closing delays for home buyers, has been launched and is available in 28 states. Offered exclusively through Norman-Spencer Agency and backed...
Digital Workers’ Compensation Provider Pie Insurance Enters 4 Additional States
Jul 17 2019 // Pie Insurance said it has begun providing workers’ compensation insurance to small businesses in Mississippi, New Hampshire, Utah and West Virginia. With these additions, Pie now offers coverage in 29 states and the...
Normandy Insurance Enters Missouri With Workers’ Comp Coverage
Jul 3 2019 // Florida-based workers’ compensation carrier Normandy Insurance Company is now offering workers’ compensation insurance to small, mid-size, and large businesses in Missouri. With the addition of Missouri,...
JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK
Jun 28 2019 // JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property exposures. The product is an industry first and will provide bespoke...
Online Marketplace EverQuote Enters Health and Renters Insurance Markets
Jun 27 2019 // One year after its initial public offering raised $84 million, online insurance marketplace EverQuote announced it is expanding into health insurance and renters insurance, building on its existing auto, home and life...
Aspen Insurance Launches Cyber Risk Management Platform ‘SSIMPLE’
Jun 19 2019 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced the launch of its cyber risk management platform, SSIMPLE, which was developed to assist clients in the prevention and detection of, and...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 13 2019 // San Diego, CA, June 13, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....
Announcing eSURETY®V7: Industry Leading Surety Automation Software
Jun 13 2019 // Ponte Vedra, FL, June 13, 2019- “For the past 21 years, eSURETY®, the leading surety bond software developer, has produced the best software for automated underwriting, operations, bond lifecycle management, agency...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 11 2019 // San Diego, CA, June 11, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....
Prime Property & Casualty Enters Kansas Commercial Auto Market
Jun 6 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kansas commercial auto insurance market as an admitted carrier specializing in distressed and substandard risks. With PPCI, producers now have an...
National General Acquires Insurtech Syndeste; Launches Private Flood Product in Florida
Jun 6 2019 // Personal lines insurer National General Holdings Corp. (NGHC) will begin offering private flood insurance in Florida later this summer after its acquisition of Syndeste LLC, an insurance technology company. National...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 5 2019 // Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called Insuring Cyber. This newsletter is an in-box resource for...
