A second Brexit contract continuity clause has been published by the International Underwriting Association (IUA). The association in June issued a policy clause to help companies manage insurance contracts as the UK leaves the European Union and this has now …
Assured Risk Cover, a provider of parametric hurricane insurance, launched a commercial insurance policy for small businesses in Florida under the StormPeace name. The policy contains all the features of the StormPeace residential policy, plus business interruption coverage with or …
K&K Insurance Group, Inc. has launched a new program in conjunction with Hibbs-Hallmark & Company offering insurance designed specifically for aerial attractions such as zip lines operators, canopy tours, ropes/challenge courses and aerial adventure parks. No prior appointment or agreement …
Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and the Caribbean at Hiscox Re & ILS, in …
In response to feedback from its agents, BondExchange, a wholesale surety broker, has upgraded its insurance agent platform bondexchange.com, which offers access to a database of more than 10,000 different surety bonds for their customers. The new system was designed …
Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in various directions: risk management, pricing, hot areas, technology, …
Protective Insurance Co., a property-casualty insurer specializing in trucking and workers’ compensation, has partnered with AmWINS Transportation Underwriters (ATU) to offer a program to support for-hire commercial trucking fleets with up to 24 trucks beginning in the fourth quarter of …
Not-for-profit catastrophe modeling platform “Oasis Loss Modelling Framework” announced that all components of its catastrophe modeling software are now open source and downloadable from GitHub, free of charge. This step means that Oasis is making sophisticated catastrophe modeling more accessible …
Philadelphia Insurance Companies’ (PHLY) has launched a new Pool and Spa Contractors Program in response to increased demand for pool construction. The PHLY comprehensive package product includes coverage for pool and spa contractors with a single carrier approach. Coverages offered …
QBE North America has formed a partnership with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design (A&E) businesses. The launch is part of QBE’s initiative to expand its specialized portfolio. APU’s A&E program …
