Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of specialized financial institutions products, offering $25 million in investment management insurance (IMI), blended with cyber and other coverage for asset managers, funds, and associated directors. The global company’s new …
Falvey Insurance Group announced the launch of Commercial Output insurance – coverage designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial, and commercial sectors. Crafted by Falvey’s inland marine managing general agency (MGA), the …
Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide war risk insurance for grain shipments and other critical food …
Climate change is particularly perilous for small farmers. Warmer conditions are resulting in more damaging bouts of rain and drought, but traditional crop insurance products are often unavailable or financially out of reach. In Africa, 99% of smallholder farmers are …
Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch of an insurance policy which will cover the installation of electric vehicle charging points in England and Wales. The “Electric …
Signers National, the New York-based parent of several insurance companies, said it has acquired Ballantyne Insurance Group in Charlotte, North Carolina. Ballantyne specializes in coverage for human service organizations. It is own by William Bradley, who will stay on as …
Fidelis Insurance Holdings Ltd., the Bermuda insurance holding company, announced it has closed a new catastrophe bond via its “Herbie Re” program. This is the fifth series of notes issued by Herbie Re and will provide Fidelis Insurance Holdings (also …
The Connecticut Insurance Department has given Honeycomb Insurance approval to write policies statewide. Honeycomb offers customizable insurance coverage for apartment complexes, condominium associations, and single-family rental dwellings. The insurer promises technology-enabled and streamlined service, underwriting and pricing for commercial insurance …
Vantage Group Holdings Ltd., the Bermuda-based insurer and reinsurer, is offering U.S. primary casualty in addition to its existing Bermuda and U.S. excess casualty products, continuing the company’s expansion of specialty insurance capabilities. Vantage said its new U.S. Primary Casualty …
Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool provides a breadth of benefits not commonly afforded to cannabis businesses due to the …
