Markets/Coverages News

Willis Towers Watson, Liberty Specialty Markets Launch Reputational Crisis Coverage

Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and provides access to non-insurance capabilities, including AI-powered data analysis. The …

Digital Wholesaler Pathpoint Adds Contractor Liability Markets

Digital wholesaler broker Pathpoint reported it now has a new general liability submission and instant quoting service for contractor segments, with participation from leading contractor excess and surplus markets. Contractor-specific coverages available through Pathpoint’s web-based platform include builders, construction, carpentry, …

Arch to Back Coalition Cyber Insurance Programs with Long-Term Capacity

Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S. and Canada Cyber and Technology Errors & Omissions insurance programs. The capacity will be available through Arch Insurance North America’s …

HSB Launches Workplace Violence Insurance for Small Businesses

HSB, part of Munich Re, has created a new workplace violence insurance coverage for small to mid-size businesses, providing counseling, crisis communications, lost business income and security services to help companies and their employees respond and recover after a violent …

HDI Global Resets International Strategy for Liability Line, Expands Management Team

HDI Global SE (HDI) is resetting the strategy of its Liability Line and is expanding its management team that reports to Dr. Mukadder Erdönmez, member of the HDI Global SE Executive Board. Joining the management of the Liability Line (underwriting) …

QBE Custom Property Coverage Form Targets Mid-Size Company Risks

QBE North America has launched a new modular property form designed to give underwriters and brokers the ability to tailor a program for each individual customer. The QBE Custom Property product contains 33 additional coverages, 50 property endorsements, and 22 …

Ullico, Hagerty to Offer Collector & Classic Car Coverage to Union Members

Ullico has partnered with The Hagerty Group to offer Hagerty’s insurance for classic, collector and enthusiast vehicles. Per the partnership, Hagerty’s insurance will be offered through UnionCare, a Ullico Casualty Group affiliate that markets insurance and other products to union …

New Chubb Crime Coverage Protects Firms from Employee Theft, Outside Criminals

Chubb has introduced a new crime insurance policy – The Chubb Primary Commercial Crime Insurance, designed to help companies of all sizes and industries protect themselves from criminal activity both inside and outside their organizations. Chubb’s new crime insurance offering …

SafeHerb Develops ‘Seed to Sale’ Coverage for Cannabis, Hemp Business

A new commercial insurance product from SafeHerb, a division of Specialty Program Group, provides a full suite of insurance protection for the cannabis and hemp industries. SafeHerb’s Cannabis & Hemp Insurance offers “seed to sale” coverage, in-house loss control services …

Kin Insurance Launches Landlord Insurance in Florida Market

Kin, an insurance technology company, has launched its landlord insurance plans in the Florida market. Kin’s landlord insurance applies to property owners who rent out their detached homes and townhouses. It also covers investors who rent properties on Airbnb. This …