ProWriters Insurance Services has added CFC Underwriting Ltd. and insurtech startup At-Bay writing on Hartford Steam Boiler paper to its Cyber IQ platform. ProWriters introduced its Cyber IQ platform comparative rating portal in November of 2018 that allows brokers and …
Pool Re, Britain’s terrorism reinsurer, announced the placement of its new retrocession program covering non-damage business interruption (NDBI) losses. The program incepted on July 5. The Counter-Terrorism and Border Security Bill 2018, which was signed in February 2019, allows Pool …
Lloyd’s of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused by a cyber attack, saying this was in the best interest of both brokers and customers. Lloyd’s, the insurance market …
The Hanover Insurance Group, Inc. has launched Hanover Prestige – a high-value personal lines market for home, auto and condominiums. Hanover Prestige offers insurance protection, high-quality care and service, along with flexibility and choice for customers with broader asset protection …
Great American Insurance Group’s Alternative Markets Division has added a national program, offered in conjunction with Cornerstone Insurance for Kona Ice Franchise owners across the United States. The program will focus on providing a primary admitted property and casualty policy …
W.R. Berkley Corp. has formed Berkley Prime Transportation, which will focus on providing primary commercial transportation insurance products countrywide for standard and preferred risks. The new division will focus on using analytics and technology to develop new methods of providing …
Aon plc has partnered with anti-poverty organization Oxfam and insurtech startup Etherisc to launch a blockchain-based platform that provides agriculture insurance for smallholder farmers in Sri Lanka. Nearly 200 Sri Lankan farmers have enrolled to obtain micro-insurance protection against crop …
InsuraGuest, Inc. has partnered with Venture Insurance Programs to provide U.S. hotels with specialized insurance coverage for guests who are staying in the hotel utilizing InsuraGuest’s insurtech software. InsuraGuest’s API integrates with approximately 70 different hotel property management systems, with …
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 insurance for policyholders in frequently flooded areas who have …
BondExchange has upgraded its surety bond platform to give agents their own branded portal to directly distribute bonds to their clients. The original platform launched in 2016 and now serves over 25,000 agents across the country. The new features allows …
