Markets/Coverages News

The Upton Group Launches Delivery Service Program for Restaurants, Small Businesses

The Upton Group, LLC, a national insurance agency specializing in food delivery and restaurant insurance, has created a new website for restaurants and small businesses impacted by government orders to shut down to obtain insurance coverage for delivery-only services. There …

Zurich Expands Marine Insurance Platform into Additional Countries, Regions

Zurich Insurance Group is expanding the roll-out of a new marine insurance platform for small and medium cargo, following its successful introduction in selected markets around the world. The Zurich Swift Insurance Platform provides intuitive, web-based access to insurance that …

Guy Carpenter Partners with RiskGenius to Expand Silent Cyber Analysis

Reinsurance broker Guy Carpenter & Co. has entered into a strategic relationship with RiskGenius to expand the detection and qualitative analysis of silent cyber exposure across various lines of business. RiskGenius utilizes artificial intelligence to evaluate a variety of emerging …

Wedding Insurance Excludes Pandemics, and Couples Find They Have No Cover

Weddings are happy events, now hard to find in the age of the coronavirus. They’re being canceled, which means lost work for florists, dressmakers, organists and bands, but not for Eden Denevan, an enterprising wedding invitation designer now offering this …

AXA XL Launches Insurance Policy for Autonomous Vehicles

AXA XL announced the launch of an insurance solution designed to cover the risks associated with autonomous vehicles. The offering will help companies developing or using the technology to better manage and transfer those new and evolving risks. The policy, …

Willis Towers Watson Launches Business Aviation Community Group

Willis Towers Watson announced the launch of “A Class,” a community group focused on delivering data, knowledge and solutions to its business aviation clients. A Class focuses on data analytics and risk strategy, equipping business aviation operators with data and …

PERILS to Include Australian Motor in Industry Catastrophe Exposure Update

PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced it will extend its line of business reporting to include Australian motor for personal and commercial lines. PERILS will include Australian motor as part of its industry exposure …

Beazley Adds SME Cyber Product to E-Trading Broker Platform

Beazley has made its flagship cyber product, Beazley Breach Response (BBR), available to brokers of small and medium-sized business through the myBeazley platform in the U.S., speeding up the time required to obtain a bindable BBR quote. The platform has …

Swiss Re Launches Digital Market Center Supported by Microsoft Data Analytics, AI Tools

Swiss Re has formed a strategic alliance with Microsoft Corp., which is providing digital tools to support Swiss Re’s new Digital Market Center. The Digital Market Center is designed to help develop next-generation, large-scale tools to transform the way the …

New Embroker Business Owners Policy (BOP) Targets SMEs

Embroker, Inc., a digital insurance broker, has partnered with CNA to provide a customized business owners policy (BOP) coverage to its business clients. Embroker is a technology platform that digitizes all aspects of the insurance process and provides customers with …