Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Torus Launches U.S. Professional, Management Liability Products
Nov 8 2011 // Torus now has U.S. professional and management liability primary underwriting capabilities. Led by Jeffrey Grange, senior vice president, head of professional lines, the offering includes products across three segments:...
AIR Worldwide Launches Inland Flood Model for Germany
Nov 8 2011 // Catastrophe risk modeling firm AIR Worldwide has released an inland flood model for Germany, which it said “offers a fully probabilistic approach for determining the likelihood of flood losses from all types of...
Argo Launches New Management Liability Policy for Private Companies
Nov 3 2011 // Argo Insurance, a member of Argo Group International Holdings Ltd. has introduced Private Playbook, a management liability package policy offering private companies access to various professional lines coverages, including...
ACE Launches New Coverage for Hospitality, Real Estate Industries
Nov 2 2011 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced endorsements for its ACE Umbrella policies, which are designed to address risks faced by the hospitality and real estate industries. Two new...
Zurich, Marine Agency Corp. Launch Program for Bodywork Shops, Spas, Salons
Oct 28 2011 // Zurich and Marine Agency Corporation are offering a new insurance program for tattoo and micropigmentation artists, body piercers, massage therapists, estheticians, and cosmetologists. The Day Spas, Tattoo Studios and...
Utica National Launches Cybersurance for Small Businesses
Oct 28 2011 // Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and...
Energi to Enter Canadian Insurance Market, Forms Energi of Canada LTD
Oct 24 2011 // Energi has formed a wholly owned subsidiary, Energi of Canada LTD and is entering the Canadian insurance market. Initially, Energi will offer its Energy Property Insurance Program along with Energi’s Energy Savings...
Willis Launches Liability Coverage for Hedge Fund Directors
Oct 18 2011 // The ongoing financial crisis has claimed many victims over the past few years, but while banks and their depositors have been largely protected by taxpayer bailouts, the investment fund community, and the hedge fund...
Travelers Launches IntelliDrive Mileage-Based Auto Insurance
Oct 18 2011 // Travelers has launched a program to help low-mileage drivers reduce annual vehicle expenses with its mileage-based auto insurance product, IntelliDrive. Travelers IntelliDrive customers may receive an immediate discount of...
Confie Seguros Enters Florida Market, Buys Trustway Agencies
Oct 11 2011 // Confie Seguros, a group of insurance agencies targeting Hispanic customers, has acquired the Miami, Florida-based Trustway Insurance Agencies. Founded in 1998, Trustway has 28 locations in the state and additional offices...
Foremost Launches Upgraded Auto Program in Texas
Oct 11 2011 // Foremost Insurance Group’s enhanced auto program is now available in Texas. The Foremost program features more competitive rates, new discounts, increased coverage options and improved online processing features. The...
Aon, Zurich Launch Innovative $100 Million Reputational Risk Coverage
Oct 11 2011 // A company’s reputation often constitutes one of its most valuable assets; however, as the damage to value, as well, as the nature of the risks that may cause it, are hard to calculate, obtaining coverage has been a...
Lloyd’s Enters Florida Reinsurance Market Under Reduced Capital Rule
Oct 7 2011 // Florida has added its first reinsurer from the United Kingdom to a list of reinsurers taking advantage of a state law that reduces reinsurers’ capital requirements. In an effort to attract more private capital to the...
NCPERS Launches Fiduciary Liability Insurance Program with Ullico Casualty
Oct 5 2011 // The Board of Directors of the National Conference on Public Employee Retirement Systems NCPERS, a trade association for public sector funds, has unanimously endorsed Ullico Casualty Group Inc.’s fiduciary liability...
RSA launches Global Specialty Lines
Oct 4 2011 // RSA has combined its risk managed and specialist businesses across the globe to create the Global Specialty Lines (GSL) division. Led by Paul Donaldson, group sales and broker relationships director, the GSL division is...
Harris County Flood Control District Unveils New Flood Mapping Tool
Sep 30 2011 // The Harris County Flood Control District announced it has launched a new tool to help Harris County, Texas, residents gain knowledge about floodplains and their flooding risks. The Flood Education Mapping Tool can be found...
Five Star Specialty Launches Breakdown Service for Bus, Waste Hauler Vehicles
Sep 23 2011 // Five Star Specialty Programs, a division of Crump Insurance Services, Inc., and part of Crump Group, Inc., has launched a new breakdown service to buses and waste hauler vehicles insured through 5Star, the exclusive...
Texas Mutual Announces Safety Group for Oil and Gas Industry
Sep 21 2011 // Texas Mutual Insurance Co. announced a new workers’ compensation safety group: Texas Alliance of Energy Producers (TAEP). The group is open to qualifying businesses in the oil and gas production industry. Members of...
The Hartford Launches Data Breach Coverage For Small Businesses
Sep 19 2011 // While data breaches at large companies continue to dominate the headlines, breaches involving smaller businesses are also on the rise. According to a 2011 report from Verizon Business of more than 760 data breaches...
Appalachian Underwriters Launches Commercial Lines Rater for Auto Dealers
Sep 19 2011 // Appalachian Underwriters, Inc. (AUI) launches a new commercial lines online rater for independent auto dealers, www.xpressdealerpro.com. Xpress DealerPro is the latest installment of enhancements to be integrated into...
