The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties. The Hanover’s new offering addresses a gap insurance coverage and is designed to …
In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at the same time providing an impetus toward …
Munich Re has stopped selling coverage to protect against business losses in future pandemics after the German reinsurer took a 1.5 billion-euro ($1.8 billion) virus-related hit in the first half. “We are currently examining whether we will offer new contracts …
Specialty insurer Ascot has started an Excess & Surplus Casualty division for the U.S. and appointed Matthew Roy as senior vice president for the new wholesale unit. Writing exclusively on a wholesale basis, the division will focus on middle market …
Safebuilt Insurance Services, a licensed program manager, has partnered with AF Group to expand its capacity for general liability programs for construction contractors. SIS Insure is a subsidiary of Integrated Specialty Coverages (ISC), a program administrator that builds insurance products …
Simply Business, Inc., a digital insurance agency offering small business insurance policies on behalf of a panel of carriers, will work with AXIS Insurance on a new product intended for U.S. small business owners who conduct business from their homes. …
London Underwriters has released a beta version of its new online platform, Bunch, in the state of Texas. London Underwriters, which has administrated its own proprietary Lloyd’s of London commercial property program for 10 years and launched several platforms for …
Elephant Insurance is now offering discounted car insurance rates to customers working from home. Policyholders and spouses working from home and driving less are eligible to receive the new discount, depending on the number of days driven to work and …
The global agriculture platform of Sompo International Holdings, AgriSompo, has entered into a strategic broking relationship with InVivo Group, a national union of 201 member cooperatives representing more than half of all farmers in France. Working through the Group’s Bioline …
Berkley One has launched its Collector Vehicle product in Minnesota and and made rating enhancements to its coverage in Michigan. Berkley has provided collector vehicle owners coverage since 1974 and most recently transitioned Berkley Classics into Berkley One Classics. The …
