Markets/Coverages News

QBE, Jorgensen & Company to Offer E&O Coverage to RIAs

QBE North America has expanded its operating agreement with Jorgensen & Co., a specialist professional liability managing general underwriter, to offer errors and omissions insurance on an admitted basis to small, independent registered investment advisory firms, or RIAs, and registered …

Willis Towers Watson Launches Captive Financial Modeling Tool

Willis Towers Watson has launched a digital tool to help organizations analyze financial feasibility and future profitability of their captive insurance strategies. The new system, Captive Quantified, is a web-based, interactive design that automates due diligence and financial analysis to …

Update: Chubb Partners with Uber to Cover South African Drivers

Uber Technologies Inc. is partnering with insurance company Chubb Ltd. to cover its South African drivers in case of death or injury as violent attacks plague the country’s cities. The new deal will pay out a lump sum to the …

Beazley Launches Consortium at Lloyd’s for Wage & Hour Risks

Beazley has launched a new consortium at Lloyd’s to bring increased capacity for wage & hour risks, expanding the choices available to U.S. organizations. Building on Beazley’s experience in employment practices liability (EPL), and the 2015 launch of Workplace Protect, …

Atlas General, Accredited Surety to Offer Workers’ Comp Coverage in California

Atlas General Insurance Services, LLC, a national multi-line program administrator, has added an exclusive new workers’ compensation insurance program with Accredited Surety & Casualty Co. Accredited recently expanded its insurance offerings to include workers’ compensation and selected Atlas as its …

ProHost Launches Wine Valuation Endorsement for Restaurant Wine Collections

ProHost USA, a national program administrator specializing in restaurant insurance, is rolling out a property insurance coverage valuing bottled wine at its selling price rather than at replacement cost. The new endorsement will give restaurants the advantage of covering the …

Lockton to Administer Attorney Protective Lawyer Program in the East

Lockton Affinity will be the exclusive administrator for Attorney Protective’s Professional Liability Insurance Program for attorneys in Washington D.C., Maryland and Virginia. The Attorney Protective program was developed to protect attorneys, their reputation and assets. The program is administered by …

Chubb Partners with DynaRisk to Offer Cyber Loss Mitigation Service in UK, Ireland

Chubb has partnered with cyber security company DynaRisk to offer a cyber loss mitigation service to Chubb’s Cyber Enterprise Risk Management policyholders in the UK and Ireland. The DynaRisk service assesses a person’s devices and digital footprint to provide a …

Security First Insurance Co. Enters Florida’s Growing Private Flood Market

A new carrier has entered the Florida flood insurance market with a policy it says will provide better coverage than what is available from the National Flood Insurance Program. Ormond Beach, Fla.-based Security First Insurance Co. has launched an optional …

New NAS Cyber Product Targets High Net Worth Individuals

NAS Insurance has launched a stand-alone cyber insurance product for high net worth individuals and their families. NetGuard SELECT provides cyber protection, fraud detection, and dark web and social media monitoring services to fight evolving cyber risks. More than the …