Markets/Coverages News

AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance

Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home network security solution and smart …

Assessing Options for Managing the Risks and Insuring Communicable Diseases

Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill …

Scale Underwriting Introduces Social Media Influencer Liability

Scale Underwriting, a Founder Shield company that provides tailored insurance products for high-growth companies, has launched Scale Social, a media liability insurance policy for social media influencers and their agencies. Scale Social provides US-based influencers and agencies, particularly those with …

eMaxx to Offer Warranty Programs for Alternative Energy Projects

eMaxx, a tech-enabled specialty provider of commercial property and casualty insurance programs, now offers the ability to provide its alternative energy warranty products through a variable cost captive solution. The suite of warranty programs provide support to manufacturers, developers and …

NFP, Vault Introduce Exclusive Group Excess Liability Program

NFP and Vault have launched the NFP/Vault Group Excess Program to provide select, qualifying employers and wealth management organizations an opportunity to expand their scope of benefits and offerings and extend to their high net worth (HNW) executives and clients …

Acrisure Re Launches Cyber Reinsurance Division in Partnership with Kovrr

Reinsurance broker Acrisure Re has launched a London-based cyber division in partnership with cyber risk modeler Kovrr. Headed by Cyber Practice Leader Tom Quy, the new division will offer the market a fresh perspective on cyber reinsurance “by coupling the …

Security First to Offer New Homeowners Coverage in Florida

Security First Insurance, one of the largest private homeowners insurers, has launched its Homeowner’s Premier HO5 policy. Floridians must have no claims or one claim caused by a weather event and with good-to-excellent credit could quality for a 20% premium …

Ascot, Highland to Offer U.S. Builders Risk Program

Ascot as a partnered with Highland Insurance Solutions LLC, a subsidiary of WNC Insurance Services Inc. to provide a builders risk insurance program for projects in the U.S. The partnership will provide Highland with additional capacity to underwrite frame and …

Willis Towers Watson Collaborates on Hurricane Insurance for Endangered Coral Reef

Insurance broker Willis Tower Watson announced the launch of a multinational partnership to develop and implement insurance solutions that help protect and restore the endangered 1,000 kilometer (621 mile) barrier reef system along the Caribbean coast. The Mesoamerican Reef Insurance …

Berkshire Hathaway Specialty to Offer Social Engineering Prevention Program

Berkshire Hathaway Specialty Insurance (BHSI) announced that it is providing qualifying private and nonprofit fidelity and crime insurance customers with complimentary access to the BHSI Social Engineering Prevention Program (SEPP). The SEPP is provided in partnership with the security firm …