Markets/Coverages News

EIURS Adds Marine Energy Unit to Energy Division

Energy, Industrial & Utility Risk Solutions (EIURS), a division of DUAL Commercial, has expanded its Energy Division with the addition of a new marine energy unit. The new unit will be headed by Michael Jacobs. The Marine Energy unit will …

General Star, Norman-Spencer Partner on Online Program for Real Estate Appraisers

General Star Management Co. has launched an online individual real estate appraisers program. General Star will partner with Norman-Spencer Agency, Inc., the program administrator. The online appraisers program provides specialized errors and omission coverages designed specifically for the needs of …

Homeowners Insurtech Hippo Partners with Spinnaker to Expand into States

California-based insurtech company Hippo has formed a strategic partnership with Spinnaker Insurance Co. to expand its product offerings into new states. Hippo offers homeowners insurance through an online platform, as well as protection for possessions like appliances, consumer electronics and …

eReinsure Adds Blockchain Services to Reinsurance Technology Platform

eReinsure.com, Inc., a global specialty insurance distributor and part of AmWINS Group, will offer a blockchain service linked to its reinsurance platform to help companies share information. According to Igor Best-Devereux, CEO of eReinsure, blockchain’s distributed ledger capabilities could facilitate …

Appalachian Underwriters Launches Monoline Sewer Back-Up, Pump Overflow Coverage

Appalachian Underwriters, Inc., an insurance wholesale outlet, has developed a monoline sewer back-up and sump pump overflow product, exclusive to appointed agents. Offered through AUI Brokerage and available in all 50 states, this product covers a range of occupancy classes …

Chubb Enhances Work Injury Compensation Product in Singapore

Chubb announced it has enhanced to its Chubb Work Guard product, which is work injury compensation cover for Singapore businesses. The enhanced wording will apply to all risks bound from Jan. 1, 2018, unless separately agreed. At the core of …

Starr Companies Adds Crisis Coverage to Side ‘A’ D&O Endorsement

Starr Companies has enhanced its Side ‘A’ Directors & Officers Excess and Lead-In-Difference-In-Conditions (DIC) policy with the addition of crisis loss coverage for insured persons. According to Brian Inselberg, senior vice president, financial lines, unprecedented litigation and regulatory environment and …

Workers’ Comp Carrier Retailers Casualty Insurance Expands Into Alabama

Retailers Casualty Insurance Co. has received all regulatory approvals from the Alabama Department of Insurance to begin offering workers’ compensation coverage in the state of Alabama. Appointed agents may quote Alabama business with Retailers Casualty for policies with effective dates …

Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector

Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies. The …

CFC Underwriting Launches New Product for U.S. Nutraceutical Companies

Specialist lines underwriting agency CFC Underwriting has added to its life sciences suite of products with a new insurance product designed specifically for nutraceutical businesses in the U.S. Coverages include products liability, commercial general liability and cyber. Broad product recall …