Markets/Coverages News

Lemonade Now Offering Its Pet Insurance in Massachusetts

Digital insurer Lemonade has expanded its pet insurance into the state of Massachusetts, marking the 37th state where it’s available. The pet policies cover dogs or cats. According to the insurer, Massachusetts has seen an increase in pet ownership throughout …

Insurer Beazley Partners With Insurtech Gaia to Offer Coverage for IVF Treatment

Lloyd’s insurer Beazley partners with insurtech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment. The health-focused insurtech has been working with Beazley and Chaucer to design a new underwriting approach and has been appointed …

Markets: Liberty Mutual Covers ‘Last Mile’ Delivery; Roamly Serves RV Rental Firms; Next Targets Auto Repair Industry

Liberty Mutual Motor Cargo Product Serves ‘Last Mile’ Delivery Market Liberty Mutual Insurance has launched a motor cargo product to serve the emerging last mile and gig economy delivery segments, including the regional operators and individual proprietors that transport goods …

Home Warranty Subsidiary Re-brands, Expands with Insurance Offerings

A Florida-based company has changed its name and added a team of specialists to offer risk management services to home builders. Maverick, formerly the Bonded Builders division of Centricity, providing home warranties, now wants to offer a portfolio of warranty …

New Auto Insurer Sensa’s Device Analyzes Accident, Triggers Emergency Services

A new auto insurer is turning the tables on car manufacturers that offer insurance with their roadside and emergency services by including these accident services with its auto insurance policy. Austin, Texas-based Sensa is calling itself the “first proactive insurance …

One in Four UK Properties at Risk of Flood, New JBA Model Reveals

One in four UK properties are at risk of flood, according to new analysis from JBA Risk Management. The flood specialist’s new UK Flood Model, launched last week, also highlights an estimated annual cost of £527 million (US$712.7 million) to …

Beazley’s Digital Division Launches, Aiming to Transform Brokers’ Access

Beazley announced that its global digital trading division, Beazley Digital, is up and running. The new hub brings together underwriting, claims, technology and operational experts into one cross-functional team, to deliver seamless digital access and services to a range of …

M.J. Hall in California Introduces D&O, EPL and FL Cannabis Coverage

San Francisco, California-based M.J. Hall & Co. is introducing directors and officers liability, employment practices liability and fiduciary liability insurance coverages for cannabis business owners. The coverages, which began on Feb. 1, are in partnership with an A.M. Best rated …

BTIS Launches Expanded Workers’ Comp Coverage in California, Arizona, Colorado, Oregon, Nevada, Texas

Builders & Tradesmen’s Insurance Services Inc. announced access to an expanded workers’ compensation coverage option, which is now available in California, Arizona, Colorado, Oregon, Nevada and Texas. BTIS expects additional states to be added to the coverage by the end …

Insurance Product Provides Cloud Downtime Cover Instantly

Parametrix Insurance, a provider of parametric cloud downtime insurance, and ComTech-Leavitt Insurance Services, a member of insurance brokerage Leavitt Group, have partnered to help businesses using the cloud reduce their exposure to cloud downtime. International Data Corp. forecasted in a …