Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Allied World Launches New Cyber Risk Assessment, Mitigation Service
Jun 3 2015 // Allied World North America has launched Allied World // FrameWRX, a prescriptive and proactive cyber risk management program designed to help companies to address their exposures. This new offering provides Allied...
BTIS Announces Small Business Unit
Jun 2 2015 // Rocklin, CA, June 2, 2015 – Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the formation of their Small Business Unit, offering BOP, Excess and Commercial Package products,...
American Family Launches Coverage for Ridesharing Drivers in Colorado
May 21 2015 // American Family Insurance has introduced a new transportation network company insurance coverage in the state of Colorado, designed to meet the needs of customers who are independent contractors for transportation network...
Ohio Group Unveils Plan to Deal With Cyberattacks
May 20 2015 // A group of politicians, law enforcement members and business leaders has given its blueprint for how Ohio communities can deal with cyberattacks to the state Emergency Management Agency. The Columbus Dispatch reported the...
Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada
May 20 2015 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for large public and private companies in Canada. “Designed by BHSI...
National Flood Services Launches Private Flood Product Suite
May 20 2015 // National Flood Services, a division of Affinity Insurance Services, has introduced a line of private flood insurance products that will be delivered via the FloodChoice agent system. The new products offer options for...
Aon Benfield Launches Canada Flood Model to Help Manage Exposures
May 18 2015 // Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and...
Lloyd’s Market Association Announces 2015 Board Election Results
May 14 2015 // The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries,...
Beazley Launches Enhanced Management, Cyber Liability Policy for Law Firms
May 14 2015 // Beazley has launched “Beazley Practice Protect,” an enhanced management liability policy for law firms, designed to confront a rapidly evolving market for counsel and legal services. Beazley Practice Protect...
CNA Launches Admitted Product Liability Policy for Life Sciences
May 13 2015 // CNA has launched a new admitted product liability policy offering for the life sciences market. This product launch makes CNA one of only a handful of carriers to offer life sciences companies an admitted and non-admitted...
XL Launches Stand-Alone Automotive Parts Recall Policy
May 12 2015 // XL Group has launched a stand-alone automotive parts recall policy, a tailored product designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and...
WKFC Launches Property Program for $500 Million TIV Risks
May 11 2015 // WKFC Underwriting Managers, a part of RSG Underwriting Managers, has launched a new property program for risks up to $500 million in total insured value (TIV).The program is written on A-XI rated paper and is available in...
HSB Launches Enhanced Farm Equipment, Machinery Breakdown Coverage
May 8 2015 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched a new farm equipment and machinery breakdown coverage with expanded insurance for mobile implements and the precision...
Compass Specialty Risk Launched in Wisconsin
May 7 2015 // Compass Specialty Risk LLC, a new wholesale insurance broker and managing general agent has commenced national operations. The firm is headquartered in Middleton, Wis., with another office in Sacramento, Calif. Compass...
Utah Workers’ Comp Fund Announces 6% Dividend
May 6 2015 // Utah’s Workers Compensation Fund has declared a $12 million dividend that will be distributed to a majority of policyholders this month. Policyholders can expect to receive a dividend equal to 6 percent of their 2014...
V3 Insurance Partners Launches Program for Auto Rental Industry
May 6 2015 // V3 Insurance Partners LLC has introduced Rental V₃antage, a new multi-line insurance program for the daily auto rental industry, including nationally franchised rental agencies and independent auto rental...
IronHealth Launches Emerging Infectious Disease Business Interruption Coverage
May 6 2015 // IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced an endorsement on excess policies for its emerging infectious disease business interruption coverage. The drop-down coverage option will reimburse...
XL Catlin Unified Brand Launched With Global Marketing Campaign
May 5 2015 // Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing...
Hiscox London Market Launches Stand-Alone Threat Product
May 4 2015 // Specialist global insurer Hiscox has launched a stand-alone Threat product designed to protect businesses against the loss of revenue suffered as a result of a threat or hoax. The Hiscox Threat policy provides non-physical...
CPro Associates Enters Texas Work Comp Nonsubscriber Market
Apr 29 2015 // Dallas-based insurance wholesaler CPro Associates Inc. now offers nonsubscriber plans to agents with clients that have elected to opt out of Texas workers’ compensation. CPro Associates reached an agreement with...
