Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for passengers as well as drivers in Turkey and is …
MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK, which is called Technology Combined. The product provides companies with cover against a range of different perils and the sections …
Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized ships. London-based Lodestar provides $50 million of Aspen-backed P&I cover, with …
Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a …
ProWriters Insurance has been selected as the exclusive cyber insurance provider for Venture Insurance Programs. The new strategic partnership allows Venture’s business owners in select niche industries, including golf clubs, hotels, and fitness studios, to access ProWriters’ coverage and services …
Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product, dubbed THREE, is three-pages long, and combines coverage for workers compensation, multiple liability …
Specialist insurer Beazley has launched site lender environmental asset protection (SLEAP) cover to protect banks and other lenders from pollution risks that could seriously impair the value of property used as collateral for commercial loans. In the event of both …
QBE North America has launched QBE Integrated Advantage for Financial Institutions—a new dedicated business unit specializing in the segment The new unit offers customers access to a single team organized under a one leader that comprises financial institutions professionals in …
Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry. The firm’s Piracy Protection Insurance is designed to return lost revenue to film and TV rights holders and …
London’s electronic placing platform exceeded its target of 30 percent of in-scope risks during the fourth quarter of 2018, according to the board of Placing Platform Ltd. (PPL). Lloyd’s syndicates accepted 39 percent of in-scope risks, with 76 percent of …
