Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
MarketScout Launches Council for Insuring Private Clients
Nov 7 2012 // Dallas-based MarketScout, in cooperation with insurers ACE, AIG and Fireman’s Fund, announced it has founded the Council for Insuring Private Clients. CIPC will focus on implementing best practices and risk...
Foreign Insurers Enter Myanmar Market with Hope, Caution
Nov 7 2012 // The world’s top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and ghosts from the nation’s political past. Prudential Plc, AIA Group Ltd and Manulife...
Aon Benfield Launches Swiss Flood Model w/ Latest Hazard Data
Nov 6 2012 // Aon Benfield, Aon’s global reinsurance intermediary and capital advisor, has launched a new flood model for Switzerland and Lichtenstein to quantify financial losses caused by riverine and lake...
OSC Launches Tenant Protection Program for Rental Property Owners
Oct 22 2012 // OSC, an insurance and risk management services and products provider for large and small financial institutions, has launched a Tenant Policy Offering (TPO) protection program for owners of rental properties. TPO pairs...
Nissan Unveils Electronic Steering, Automatic Parking Car Safety Features
Oct 18 2012 // Electronically managed steering that completely bypasses the mechanical link of a clutch is among the new safety technology from Japanese automaker Nissan. Other vehicles are smart enough to park themselves. And some...
Hartford Steam Boiler Launches Energy Saving Tool for Homeowners Policies
Oct 18 2012 // The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced a new concept in homeowners insurance, HSB HomeWorks, which combines breakdown coverage for home equipment systems,...
WorkCompOne Launches Coverage Website for Small Business Owners
Oct 17 2012 // WorkCompOne, an online insurance destination, has launched a new website focused on serving small business owners. “Main street retailers and professional service providers, such as accounting, legal, engineering and...
Hiscox Launches Solo Strike Liability Protection for US Healthcare Institutions
Oct 12 2012 // To counter the growing threat of an attack by an individual on healthcare institutions, Hiscox has launched a dedicated solo strike liability insurance product for the US healthcare market. In the event of an attack,...
Secure Legal Title Launches Lloyd’s Coverage
Oct 5 2012 // Secure Legal Title Ltd., a London-based provider of legal indemnity and title insurance, announced the registration at Lloyd’s of “Secure Legal Title Cover,” which will provide legal indemnity and title...
Allied World Europe Launches Corporate Property Line of Business
Oct 1 2012 // Allied World Europe has launched its Corporate Property line of business. The unit will target a range of European domiciled companies writing lead, co-insured and layered programs. Richard Nathan, Vice President, European...
XL Group Launches New Builders Risk Property Protection Program
Sep 26 2012 // XL Group has launched a new Builder’s Risk and Installation Coverage Solutions (BRICS) product, containing more than two dozen coverage enhancements. The coverage offers property insurance protection for single...
IPISC Launches Abatement Insurance Program for Intellectual Property Risks
Sep 19 2012 // Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC), which focuses on intellectual property (IP) insurance risks, has launched the InventPro Abatement Insurance program. The InventPro...
Specialty Risk Associates Announces New Hires and Promotions
Sep 7 2012 // Louisiana-based Specialty Risk Associates Inc. has made two promotions within its Shreveport office. Kelly Babin assumed the position of controller. Babin, a Certified Public Accountant, joined Specialty Risk in 2010 as...
CMIC Announces Additional Practice Coverage for Doctors
Sep 5 2012 // CMIC, a doctor-owned medical malpractice insurer serving Connecticut and Massachusetts, has launched a new program for Massachusetts doctors who are employed outside of their regular practice (commonly referred to as...
NAS Launches Enhanced E&O Coverage for Healthcare Consultants
Aug 30 2012 // NAS Insurance Services has enhanced their E&O program for healthcare facilities with more coverages for consultants. The E&O product for healthcare consultants now includes: Cyber liability coverage ...
Coastal Risk Underwriters Enters Alaska Homeowners Market
Aug 16 2012 // Coastal Risk Underwriters (CRU), a member company of Insight Catastrophe Group, has launched a new preferred homeowners program for properties located in the state of Alaska. The program, underwritten by Occidental Fire...
Advanced E&S Group Launches Community Association Debt Coverage
Aug 10 2012 // Advanced E & S Group has launched the Assessment Recovery Indemnity (ARI) program. ARI is a new insurance product underwritten by member companies of the AmTrust Group, designed to help condominium and homeowner...
Montpelier Re Announces Appointments in Property Treaty Operation
Aug 10 2012 // Montpelier Reinsurance Ltd., the Bermuda subsidiary of Montpelier Re Holdings Ltd., has announced several appointments in its Bermuda property treaty operation. Effective immediately, Paul Hopwood, formerly Head of US...
QBE Launches Packaged Protection for Business Owners
Aug 9 2012 // QBE is now offering business owners protection all in one package. Owners of small- to medium-sized companies may now insure their businesses and business vehicles, and provide workers’ compensation to their...
Swett & Crawford Subsidiary Launches New Marine Underwriting Division
Aug 3 2012 // Swett & Crawford subsidiary J. H. Blades & Co. has launched J. H. Blades Marine Underwriting Services (Blades Marine), a new marine insurance underwriting division. This full service MGU will underwrite brown water...
