expansion News

DriveFactor, Admiral Group to Offer Usage-Based Insurance Throughout UK

DriveFactor has partnered with Admiral Group plc to expand usage-based insurance (UBI) offerings throughout the U.K. Through this partnership, DriveFactor will power a version of Admiral’s Bell Safe Driver policy, which offers discounted auto insurance to U.K.-based drivers who apply. …

The Hanover Expands Healthcare Capabilities

The Hanover Insurance Group, Inc. has expanded its healthcare industry options with an increased appetite and capabilities for the rapidly growing areas of the healthcare industry, including allied healthcare centers and home healthcare and medical equipment. The company also will …

ACE Expands Catastrophe Capacity in North America

The ACE Group has increased catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. This capacity will be offered through ACE’s network of property businesses, which includes fronting and captive …

MarketScout Expands Private Client Services, Hires New Executive Leadership

MarketScout, the national electronic insurance exchange and specialty MGA with headquarters in Dallas, has expanded its nationwide specialty high-net-worth underwriting practice by bringing Brian Botwinick on board as senior vice president. Formerly a director with Quaker Special Risk, Botwinick will …

Spectrum Wholesale Expands RV, Resort Program Nationwide

Spectrum has expanded its program for RV parks and resorts to attract RV parks and resorts across the country. In California, Spectrum will grow via its Western states based agencies, exclusively for short term stay RV communities. In Florida, the …

Liberty International Underwriters Expands Environmental Presence In Southwest

Liberty International Underwriters (LIU), part of the Global Specialty division of Liberty Mutual Insurance, has expanded its environmental impairment liability (EIL) operation with a regional presence, to be headed by underwriting manager Mike Padula, located in LIU’s Houston office. Padula …

EPIC, Dowling Capital Form Protector Holdings to Capture Hispanic Market

As the Hispanic and Latino populations continue to grow, so should the insurance company options available to them. That is the thinking of one new Hispanic-focused insurance venture. Paul Areida, CEO of the newly formed Protector Holdings, said the acquisition …

UK Insurer Marketform Expands into U.S. Hospital PL Market

Lloyd’s specialist underwriter Marketform will commence underwriting hospital professional liability, comprising medical malpractice and associated general liability insurance, in the United States effective June 1, 2013. Marketform will initially enter the hospital professional liability insurance market with plans to expand …

Trident, McGowan Cos. to Offer Public Entity Coverage in Pennsylvania

Trident Insurance Services, LLC, a member of Argo Group International Holdings, Ltd., has formed an exclusive business relationship with The McGowan Cos. to offer access to its public entity insurance program in Pennsylvania. The public entity insurance program—underwritten by Trident …

The Main Street America Group Expands Commercial Products into Wisconsin

The Main Street America Group has introduced its commercial product line, featuring its Main Line Business Owners Policy (Main Line BOP), to independent agents who represent the super regional property/casualty insurance carrier’s Austin Mutual Insurance Co. throughout the state of …