new product News

Nautilus Insurance Group Enters Personal Umbrella Market

Nautilus Insurance Group (Nautilus) will begin writing personal umbrella and related coverages nationwide through a new office in California. Ann Boman-Clark has been named vice president, underwriting – personal umbrella. She has more than 35 years of experience in the …

Advanced E&S Group Adds Maintenance Interruption Coverage for HOAs

Managing underwriter Advanced E&S Group has launched a business income policy for community associations that includes maintenance interruption insurance designed to help condominium and homeowner associations reduce their exposure to loss of assessment income. As community associations prepare their budgets …

Coventry Risk Specialty Launches Pay-As-You Build Construction Program

Coventry Risk Specialty, an MGA focused on the construction industry, has launched a new Builders Reporting Policy (BRP) product for the construction industry. Coventry is the countrywide exclusive underwriter and will distribute the product through preferred surplus lines brokers. The …

Ironshore Specialty Launches Claims-Made Policy Form for Product Liability Risks

Ironshore Inc.’s Specialty Casualty unit is launching a new claims-made policy form to complement its suite of products and services available to the commercial general liability market for prospective insureds facing unique product liability challenges. With an ISO format that …

Gridiron Insurance Underwriters Launches New Inland Marine E-Portal Product

Gridiron Insurance Underwriters, Inc., a program manager that specializes in program business on a regional and national basis through select retail and wholesale producers, will release a new inland marine product called Inland Pro E-Portal on August 20, 2013. The …

LIU, CloudInsure Tackle Cloud Computing Coverage Gaps

A new insurance partnership between Liberty International Underwriters and CyberRiskPartners’ CloudInsure will provide insurance backing for cloud providers and the businesses that utilize them. The two companies hope the new platform will reinforce cloud companies’ commitment to protect the data …

Wells Fargo Insurance Launches Intellectual Property Financial Protection Products

Wells Fargo Insurance, part of Wells Fargo & Co. has launched two new insurance products from its Professional Risk Group, Intellectual Property Risk Mitigation Practice (IPRMP): revENSUREand ANDAfend. “Both products were designed to protect a company’s expected revenues from legal …

CNA Introduces New Package Policy For Mid-Sized Businesses

CNA has launched CNA Paramount, a new package policy for mid-sized businesses that combines property and general liability coverage. CNA Paramount brings all the basic and critical property and crime coverage needs into one package, namely: business property including, but …

Allied World Bermuda Launches Liability Coverage for ACOs

Allied World Bermuda has launched a new accountable care organization (ACOs) liability product for Bermuda-based clients. The product provides coverage for ACOs – newly emerging healthcare organizations characterized by a payment and care delivery model that ties provider reimbursements to …

Synapse Services, LIU Launch Remediation Professional Policy in New Jersey

Synapse Services, LLC., a nationwide wholesale environmental insurance firm, has launched a new insurance policy that provides individual liability coverage for Licensed Site Remediation Professionals (LSRPs) in New Jersey. Synapse is the distributor of the policy, which is underwritten by …