Markets/Coverages News

Markets/Coverages: Brace Underwriting Launches Brace USA

Brace Underwriting Limited recently announced the launch of Brace USA with Glenn Dorr as president and head of marketing, North America. reporting to Adam Holberry, Group CEO of Brace. Founded in October 2019 by group CEO Adam Holberry, London-based Brace …

Markets/Coverages: Insurtech BOXX Partners With AXA to Offer Cyber Risk Mitigation for Small Businesses

BOXX Insurance, the Toronto-based cyber insurtech and managing general agent, has announced the launch of a cyber risk mitigation solution in collaboration with AXA, aimed at providing crucial support to small businesses. Recognizing the critical need for comprehensive protection against …

Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility

Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility, designed by Howden and led by SCOR’s syndicate at Lloyd’s, provides …

Amazon Pulls Plug on UK Home Insurance Venture

Amazon has pulled the plug on its UK home insurance venture – a comparison website – after launching in October 2022. “Over the last year, we have been evaluating various businesses and programs, and as a part of that we’ve …

Mississippi Investment Firm Launches Insurance Agency

A Mississippi investment firm is braving a tight market and entering the commercial property/casualty world with a startup insurance agency. Twain Capital, formed in 2021, has launched Twain Insurance Agency, based in Ridgeland, Mississippi. Principals John Lawrence, Tom Davis and …

Markets/Coverages: MGA Sands Point Risk Launches With Transaction Liability Practice

Sands Point Risk, a new managing general agent to be led by the founder of transaction risk solutions at DUAL, has been launched to serve the transaction liability insurance (TLI) sector. Dennis Kearns, who founded the transaction risk program at …

Markets/Coverages: CFC Launches Embedded Transaction Liability Insurance Product

Specialty insurance provider CFC has launched what it is calling the first ever transaction liability insurance product to be embedded into online M&A platforms in the USA. CFC is initially making its Seller Protect available on the Flippa.com online M&A …

The Hartford to Start Offering Vermont’s Family Leave Insurance Program for Employers

The Hartford will begin offering the Vermont Family and Medical Leave Insurance (FMLI) program for employers on February 15. Employers with two or more employees will have the opportunity to work withe the insurer’s brokers to design a plan to …

Markets/Coverages: Liberty Mutual Launches New Management Liability Package

Liberty Mutual recently announced ProShield, a packaged solution providing private companies and non-profits streamlined access to directors & officers, employment practices liability, fiduciary, and crime coverages Brent Tan has been appointed to manage the product line as senior director, financial …

Markets/Coverages: Canopius Launches Investment Mgmt Cover for Asset Managers

Canopius Group, the global specialty re/insurer, has launched a new investment management product for asset managers. The product has been developed to respond to shifts in the risk landscape in the highly regulated asset management sector. In an era where …