Markets/Coverages News

Standard Club Asia, Ping An to Jointly Offer P&I Cover for China’s Shipowners

The Standard Club Asia Ltd., managed by Charles Taylor Mutual Management (Asia) Pte Ltd., entered into a cooperation agreement with Ping An Property & Casualty Insurance Co. of China Ltd. Under the terms of the agreement, Standard Asia and Ping …

QBE Ventures, Zeguro Partner on ‘Cybersecurity Officer’ Small Business Platform

A new partnership between QBE Insurance Group and cybersecurity management company Zeguro offers small and medium-sized business customers access to a virtual ‘Cybersecurity Officer’ to protect against their cyber exposures. Zeguro’s online platform enables users to automate their cybersecurity processes, …

AXA XL, Slice Labs Launch On-Demand Cyber Coverage for Small, Mid-Size Businesses

Slice Labs Inc., an on-demand insurance cloud provider, and AXA XL, a division of AXA, have launched a new cyber insurance policy specifically designed for small and midsize businesses (SMBs). Powered by Slice’s Insurance Cloud Services (ICS) platform, AXA XL’s …

Digital Carrier Next Insurance Launches General Contractor Coverage

Small business digital insurance carrier Next Insurance has launched a new general contractor insurance policy that includes general and professional liability insurance for general contractors entirely online. Next Insurance now offers three coverage plans for general contractor insurance starting at …

ProSight Adds Coverage for Fitness, Wellness Experts to Direct-to-Consumer Platform

ProSight has expanded ProSight Direct, its online direct-to-consumer platform that offers customized insurance for small business professionals, to include coverage for customers in the fitness and wellness industries. From yoga instructors to personal trainers and dietitians – customers can get …

Willis Research Network Renews Partnership with Global Earthquake Model Foundation

The Willis Research Network (WRN) announced it has renewed its partnership with the Global Earthquake Model (GEM) Foundation. The agreement represents a continued commitment to working collaboratively in order to develop and promote better understanding of earthquake risk. “The truly …

Chubb Adds Small Business Coverage for Manufacturers to Marketplace Platform

Chubb has added Small Commercial Insurance (SCI) coverage for risks faced by small manufacturers to its digital platform – the Chubb Marketplace, which features a broad and customizable suite of products for manufacturers. With this launch, Chubb SCI now offers …

Hub International Launches Captive for Hospitality Industry

Hub International Limited (HUB) has launched a hospitality captive, an exclusive member-owned group captive insurance program designed for hospitality clients. Through the use of a captive, hospitality clients can gain better insight into exposures and risks, and have the option …

PERILS Offers Windstorm Forecasting Platform in Australia, Updates Europe Service

PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has launched a windstorm forecasting platform in Australia and updated its existing service in Europe. The website, called “Wind-Jeannie,” was first launched in Europe in September 2015. Designed to …

Marsh Joins with Insurtech Firm Concirrus to Drive Behavioral Analytics in Marine Market

Concirrus, the London-based insurtech company specializing in marine analytics, announced it has formed a multi-year agreement with insurance broker Marsh. The agreement will see the two companies working together to drive the use of behavioral data in the global marine …