Markets/Coverages News

Willis Towers Watson Releases Updated Version of Radar Pricing Software

Willis Towers Watson has released an updated version of its Radar pricing software. With regulatory pressure increasing to demonstrate transparency in pricing, Radar 4.5 delivers a range of metrics that provides companies with valuable insights on pricing fairness to support …

California Trucking Association Launches Trucking Proud Insurance Agency

The California Trucking Association (CTA) in partnership with Gamie, LLC, and C3 Risk and Insurance have launched a new trucking insurance agency offering a cross section of insurance products for trucking companies across the country, including workers compensation, auto liability …

Norman-Spencer Agency Launches Closing Coverage for Residential Home Buyers

Insure My Closing, a new insurance program that provides expense coverage due to closing delays for home buyers, has been launched and is available in 28 states. Offered exclusively through Norman-Spencer Agency and backed by an A++ rated carrier, the …

ISMIE Mutual to Offer Medical PL Coverage to Kentucky Osteopathic Medical Association

ISMIE Mutual Insurance Co. has formed an affinity program partnership with the Kentucky Osteopathic Medical Association (KOMA). Through the program, KOMA members will receive access to ISMIE’s risk management services, premium discounts and other benefits. Physicians coming out of residency …

Starr Insurance Companies Extends Defense Base Act Coverage to Small Contractors

Starr Wright Insurance Agency, Inc. (Starr Wright USA), a division of Starr Insurance Companies, has a launched a distribution channel for Starr Insurance Companies’ Defense Base Act insurance coverage, specifically to serve the needs of small federal government contractors. The …

Epoq Legal Introduces Business Risk Protection Service for Legal Claims

Insuretech service provider Epoq Legal has rolled out a new service designed for small- to medium-sized enterprises as either an optional or mandatory product sold alongside insurance and financial services products. The product was designed to help SMEs become more …

Sompo Global Risk, VGM Insurance to Offer Golf Course, Country Club Coverage

Bermuda-based specialty insurance provider Sompo International Holdings Ltd. subsidiary Sompo Global Risk Solutions (GRS) has entered into a strategic partnership with VGM Insurance & Financial Solutions (VGM) to offer its insurance products and services to golf courses and country clubs. …

AXA XL, Vindati to Offer Ocean Cargo Insurance Via Online Platform

AXA XL’s U.S. marine insurance business and Vindati, an insurtech managing general underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, have partnered to offer ocean cargo insurance for small and middle-sized businesses via Vindati’s …

N.Sure Opens All Digital Home, Auto Insurance Agency in Florida

Boca Raton, Fla.-based Nsure.com has launched an online, digital home and auto insurance agency in Florida that offers comparison quotes from more than 25 insurers. The new, fully-licensed company’s technology gives instant quote comparisons through a user-friendly digital platform that …

Hiscox Offers New Security Product for Ships Seized by Nation States

Specialist insurer Hiscox has developed a new security product designed to help protect shipping targeted by nation states. Called “Malicious Vessel Seizure,” the will respond to a single peril of a ship taken by a foreign government, providing loss of …