Victor O. Schinnerer & Company, an underwriting manager of specialty insurance, has expanded its professional liability insurance program for architects and engineers (A&E). Brokers can now procure up to $35 million in coverage on behalf of qualified and eligible A&E …
Corvus Insurance, a provider of AI-driven commercial insurance, has updated its cyber underwriting model to reward highly protected organizations with higher limits for Social Engineering and Cyber Crime coverage. Corvus’s Smart Cyber Insurance coverage will be automatically enhanced for policyholders …
Berkley Design Professional (Berkley DP), a division of Berkley Alliance Managers, a Berkley Company, now offers per project primary (PPP) limits of $1 million for Berkley DP policyholders. This $1 million limit applies to every project covered under their professional …
HSB, part of Munich Re, has introduced a cellular IoT sensor product designed to help smaller businesses and organizations prevent property damage. The device leverages IoT-specific cellular networks and connects to the internet to utilize proprietary algorithms to monitor for …
Two traditional U.S. Midwest brokerages serving the dairy market are combining their businesses as the industry consolidates. Chicago-based Rice Dairy LLC and Commodity Risk Management Group of Platteville, Wisconsin, are partnering to form a company with about 1,700 clients, the …
W.E. Love & Associates, LLC, a subsidiary of XPT Group LLC, has launched a new Platinum Trucking program with Watford Insurance Co. to offer coverages for high-quality, experienced trucking firms that just miss being considered “prime” risks. According to John …
Euclid Insurance Services, Inc. has formed Euclid Life Science Specialty, LLC (Euclid Life Science), a product and professional liability insurance underwriting platform providing tailored casualty coverage products to the life sciences industry. Ryann Elliott has joined Euclid Life Science Specialty …
MS Amlin, the London-based re/insurer and subsidiary of MS&AD, announced a new underwriting strategy that focuses on three core, non-commodity markets, while exiting nine non-core markets, which no longer fit in its long-term strategy. Following a comprehensive underwriting review, MS …
Coalition, an cyber insurance company focused on small- and midsize-businesses, has expanded its cyber and technology errors and omissions coverage — previously only available to companies with less than $250 million in revenue — to include middle market companies with …
AXA XL and Accenture are partnering to offer global cyber-security expertise to AXA XL’s underwriters, brokers and clients to strengthen their cyber capabilities and recover from cyber attacks. AXA XL — AXA’s property & casualty (P&C) and specialty risk division …
