Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than miss out on this volatile and loosely regulated, but rapidly growing business. So far only a few insurers sell such …
Cannasure Insurance Services, an cannabis insurance MGA and wholesale broker, is launching a new comprehensive coverage program for the cannabis industry. Patrick McManamon, CEO of Cannasure Insurance Services, said the program will offer all lines of coverage to medical and …
Brownyard Group, a program administrator providing specialized insurance coverage for select industry groups, has launched a new insurance program with coverage designed for cemeteries and crematories. The Memorialpro program will be written through an A.M. Best Company “A+” rated carrier …
Risk Theory, LLC, underwriter for a nationwide dealer open lot program for independent agents, has launched a new garage package program for franchised and non-franchised auto service and repair operators. The Risk Theory Garage Program, led by Bob Tschippert, offers …
Esurance has launched a new insurance option for Californians who drive for rideshare companies, such as Uber and Lyft, that offers protection whether the driver is waiting for a ride request, on the way to pick up a passenger, or …
The Florida Association of Insurance Agents (FAIA) and Assured Risk Cover (ARC) have formed an agreement that grants FAIA member agents access to the StormPeace parametric insurance product that pays out-of-pocket expenses not covered by homeowners insurance. StormPeace automatically pays …
Business Risk Partners (BRP) has expanded into the financial services sector with the addition of two specialty insurance coverages: miscellaneous professional liability insurance for a broad range of lenders, advisors and financial entities, as well as a comprehensive policy for …
The London market’s electronic placing platform was used to close the Aon Client Treaty facility for 2018, marking a milestone in the platform’s evolution. This is probably the largest and most complex transaction in the Lloyd’s market, said the board …
Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones, according to a report from the International Underwriting Association (IUA). As a result, general liability underwriters will have an important …
Starr Companies has launched its new product, Enviro-Wrap insurance, in Canada. The coverage provides wrap-up liability and contractor’s pollution liability for construction project specific placements, covering either the owner or the contractor. The modular occurrence-based policy is designed to eliminate …
