Markets/Coverages News

Anderson Benson of Tenn. Appointed Lloyd’s Coverholder for Media Liability E&O Program

Anderson Benson, a Nashville-based independent insurance and risk management broker, has been appointed as a coverholder by Lloyd’s of London for a worldwide media liability errors and omissions (E&O) program that specializes in the music industry. Anderson Benson’s insurance coverage …

Arrowhead Launches E&S Program, Names Murray as President

Arrowhead General Insurance Agency Inc. has launched a new excess and surplus lines program and named Bill Murray as its president. The new E&S program operates as part of the National Programs division of Brown & Brown Inc., and initially …

Metromile, Hippo Begin Offering Bundled Auto, Home Coverages in 8 States

Metromile and Hippo Insurance are partnering to offer home and auto insurance in a discounted bundled product. Drivers and homeowners will be able to purchase pay-per-mile auto insurance from Metromile and homeowners insurance from Hippo and save up to 15 …

ISC Launches General Liability Program for Gig Economy Contractors

Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched a new general liability policy program for gig economy contractors. The program provides contractors “by the job” …

CFC Reps & Warranty Product Supports Transatlantic Mergers, Acquisitions

CFC has enhanced its transaction liability services with the launch of a product designed to support North American buyers purchasing a UK or European target business. CFC said its transatlantic suite of transaction liability insurance products bridges the gap between …

BriteCo Launches Online Jewelry Insurance Program

BriteCo jewelry insurance has launched a program to insure fine jewelry and watches that can be quoted and bound online offering enhanced coverage and a monthly pay option. The new insurance offering is backed by Glencar Insurance Co. Consumers can …

Neptune to Offer Flood Insurance to Small Business Administration Borrowers

Neptune Flood, an AI-driven flood insurance company, has launched sbaflood.com designed for SBA borrowers to obtain commercial flood insurance. Both owners and tenants are eligible for commercial flood insurance through the new platform. Government backed business loans, such as those …

ArgoGlobal Provides Capacity of $25M for Green Finance MGA Tierra Underwriting Ltd.

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra Underwriting Ltd. ArgoGlobal is providing $25 million in underwriting capacity to support the MGA, supporting Tierra Underwriting in transactions that …

Miller Launches Professional Indemnity Product for Freelance Solicitors

Insurance broker Miller has launched a professional indemnity (PI) product designed specifically for solicitors operating on a self-employed basis. The product was developed following reforms introduced in November 2019 by the Solicitor’s Regulation Authority (which regulates solicitors in England and …

MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets

Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help accelerate its launch into the commercial auto insurance market. ILS Capital is behind the seed round. The …