Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re, begun writing marine business in the U.S. for the first time, and is opening for business in Italy. Scott Johnson, formerly with Munich Re, has been appointed to …
During 2017, the private flood insurance market expanded considerably with 50 new carriers. In total, insurers reported direct private flood insurance premiums written of $630 million, an increase of $217 million over 2016. That’s according to Insurance Journal’s Top Private …
Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the first for IP in the …
REIN, an insurtech company providing insurance for risks posed by robotics, mobility and online ecosystems, has launched its first digital portal, DroneInsurance.com, offering drone insurance for commercial drone operators. DroneInsurance.com is an online automated platform for commercial drone operators. For …
XL Catlin and new insurtech-focused program administrator Bamboo Insurance have entered into an underwriting agreement to provide property insurance in California. Bamboo Insurance is a California-based program administrator focused on distribution of personal lines products within California. Through the XL …
Aon plc has launched a new insurance product designed to cover clients’ intellectual property liability, including patents, copyrights, trademarks, trade secrets and know how. This is the latest offering in Aon’s suite of integrated IP capabilities following the recent announcement …
Lloyd’s insurer Advent announced the launch of its online pricing and placing tool, PVPlus. Developed in partnership with CFC Underwriting, this solution gives small and medium sized (SMEs) businesses in the Middle East and North Africa region access to low-ticket …
Chubb announced that it has enhanced its cyber incident response management capabilities and launched two new ways of accessing the service: a mobile application and a dedicated website. As the threat of cyber risks facing commercial enterprises increases, Chubb has …
USG Insurance Services, Inc. has launched an exclusive e-cigarette and vape store program through its programs division, Allied American Underwriters. The program offers several coverages for a wide range of classes, including: distributors, wholesalers, importers/blenders, retailers, e-liquids & e-juices, e-cig …
XL Catlin announced the launch of specialty aviation insurance in Mexico. The new product suite will initially focus on general aviation hull and liability risks. With an established presence in Latin America and aviation teams in Brazil, the United States …
