new product News

AIG Expands NextGen Product to Transportation, Logistics Industry

The American International Group (AIG) insurers have expanded their NextGen Protection suite of products with the release of PLL Transportation and Logistics Protect. PLL Transportation and Logistics Protect is specifically designed for clients who transport, or arrange transport for, both …

Trinity Underwriting Managers Announces Commercial Auto Program

Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has expanded its commercial auto capabilities. TUMI has established a relationship with an “A” rated carrier that underwrites business auto classes including, but not limited to: garbage trucks, cement mixers, dump …

MarketScout Wholesale Launches E&O Program for Independent Agents

MarketScout Wholesale (MSW) has formed an exclusive independent agents errors & omissions program. In addition to professional liability, this program provides data breach/privacy protection as well as proactive risk and claims management resources. The Independent Agents E&O Plus program is …

NAS Insurance Launches Professional Liability Program for ACOs

NAS Insurance Services has introduced a comprehensive professional liability insurance program for accountable care organizations (ACOs). The new program combines core E&O and D&O coverage with custom-tailored components to address regulatory exposures as well as cyber liability for these new …

Beazley Launches Enhanced Computer Crime Policy

Beazley plc has launched new computer crime and account takeover coverages for financial institutions. The enhanced computer crime policy is designed for the continually evolving services and applications that financial institutions are offering their clients. It also addresses the constantly …

IronHealth, Medical Mutual Launch Hybrid Medical PL Policy for Hospitals in N.C.

IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced IronMed NC, a hybrid medical professional liability product that will be available through a partnership with Medical Mutual Insurance Company (MMIC) of North Carolina. The new product has been designed …

Beazley Launches Environmental Cleanup Costs Insurance

Beazley plc has expanded its environmental products offering with the launch of an environmental cleanup costs insurance policy that provides coverage for cost overruns for remediation of known conditions at covered locations. The product, written on a non-admitted basis through …

Marsh Launches Risk Transfer Product for Wage, Hour Claims

With the number of wage and hour claims against employers on the rise, Marsh has launched a new insurance product that reimburses companies for defense costs, settlements, and judgments for actual or alleged violations of the Fair Labor Standards Act …

National Interstate Launches New Waste Operations Program

National Interstate Insurance Co., a provider of transportation insurance, is launching a new insurance program targeted for waste operations. The company is now accepting applications for accounts with effective dates of February 1, 2013 and beyond, marketing the program through …

Philadelphia Launches Coverage for Restoration Contractors

Philadelphia Insurance Cos. (PHLY) a property/casualty and professional liability insurance company for niche markets, has launched insurance coverage specifically designed to protect restoration contractors. These companies are typically hired – often by insurance companies – to clean up and restore …