Markets/Coverages News

Neon Leads New London Political Risks Consortium, Offering $100M Limit Per Policy

Specialist Lloyd’s insurer Neon announced it will lead a newly established London Political Risks Insurance Consortium, with MS Amlin becoming a joint agreement party. Spearheaded by Neon’s recently promoted head of Specialty, Nicholas Robinson, the consortium has been created in …

Lockton Affinity to Administer Westport Lawyer PL Program in Pennsylvania

Lockton Affinity will be the new program administrator for the Westport/Swiss RE’s Lawyer Professional Liability insurance in Pennsylvania, effective June 1, 2019. This program offers a comprehensive professional liability product for lawyers through Westport with program administration from Lockton Affinity. …

Hannover Re Offers Match-Making Service for Insurtechs, Insurers Called ‘hr | equarium’

Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain. However, the challenge for both insurers and insurtechs is how to find the best match. That’s why Hannover Re has …

ISO Offers Policy Rule, Rating Factors for Insuring Cars with Driver Assist Features

ISO has introduced a new policy manual rule and rating factors to help auto insurers underwrite and price coverage for the growing number of cars with advanced driver assistance systems (ADAS). ISO provides forms, rules and rating information for the …

Berkley FinSecure Launches Embezzlement Insurance for Investors

Berkley FinSecure, a Berkley Company, has launched Capital Shield, an insurance product that covers individuals for embezzlement of their invested assets. The product has been launched with Capital Shield Inc. and Capital Shield Insurance Services and covers individual investors in …

Florida Insurtech HoneyQuote Rolls Out Real-Time Rating Engine, Adds Heritage to Platform

HoneyQuote.com has added a new carrier partner and launched its real-time rating engine, which lets Florida homeowners compare multiple home insurance quotes and purchase a policy online. The application is backed by proprietary technology that allows users to see in …

New Coalition Cyber Policy for Manufacturers Covers Security Failures, Data Breaches

Coalition, a cyber insurance company for small and midsize businesses, has launched a full-spectrum coverage to insure manufacturers against security failures and data breaches. The Coalition policy encompasses the physical, technological, and financial damages – including bodily harm, property damage …

Alliant to Offer AmWINS Program for Waste Operators, Haulers

AmWINS Group, Inc., a global distributor of specialty insurance products and services, has partnered with Alliant Insurance Services to service the needs of waste clients nationwide. Alliant’s WasteAssure clients, come April 1, will have access to coverage through AmWINS Program …

Berkley Launches Private Company Primary Management Liability Policy

Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address growing exposures facing private companies. Management teams can select one or …

Aon’s New Ventures Group Focuses on Intellectual Property with Cochrane Named COO

Aon’s New Ventures Group (NVG), which was formed in October 2018 to accelerate Aon’s investment in innovative new solutions, is focusing its first efforts on intellectual property in order to help clients manage their intangible assets. NVG is formally sponsoring …