Markets/Coverages News

Coterie Insurance Expands Small Business Offerings to Massachusetts

Coterie Insurance, a small business insurtech, announced that its general liability and business owners insurance products are now available in Massachusetts for customers and agencies. Independent agents and brokers writing micro and small businesses in Massachusetts can add Coterie to …

Home-Based Businesses Carry Risks, Rewards – and Insurance Industry Opportunities

The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic shifting mindsets and introducing far greater flexibility to how we organize our working lives. In the two years since the …

Hannover Re Opens Access to Insurtech Innovation Platform, ‘hr | equarium’

Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with insurtech partners. The platform has been used on a regular basis by more than 700 clients of …

Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics

Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help address broad cyber exclusions that apply to nearly all cargo insurance policies. The coverage protects against physical loss or damage …

Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover

Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax audit insurtech. The amount of the investment was not disclosed. AuditCover is an insurance distribution platform that combines the fundamentals …

Lemonade, GIC, Orchid Expand Markets, Offerings in South

Lemonade Squeezes into Tennessee Auto Market Lemonade, an insurtech and property insurance company that has generated quite a bit of buzz – and questions – around the industry, announced it has launched auto insurance writing in Tennessee, its second state …

New York Medical Malpractice Insurer EmPRO to Enter New Jersey

New York medical malpractice insurer EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, said it is expanding into New Jersey. It has filed to become an admitted insurer in New Jersey and plans to begin issuing policies in the …

Openly Opens for Business in Mississippi

Openly, a provider of homeowners insurance, announced that it is now open for business in Mississippi. The company, which sells policies through insurance agents, notes that its platform allows agents to obtain quotes in about 15 seconds. Mississippi is the …

Marsh Launches ESG Risk Rating to Assess Companies’ ESG Performance

Insurance broker Marsh announced the launch of its Environmental, Social, and Governance (ESG) Risk Rating, an assessment tool that can measure an organization’s ESG performance, enabling them to improve their ESG risks, and gain access to additional insurance market capacity. …

Music and Business Industry Specialist Gravitas Insurance Group in California Launches

Gravitas Insurance Group, an insurance brokerage in Los Angeles, California, designed exclusively to serve the music and business management communities, was launched this week by John Tomlinson. Tomlinson previously established the music practices at Lockton Cos. He will serve as …