new product News

Aon Launches Custom Liability Product for Railroad Industry

Aon Risk Solutions, the global risk management business of Aon plc, has launched a new product designed to support the railroad industry, including Class I railroads. Called the Cantilever Excess Pollution Liability product, this new offering addresses the railroad industry’s …

CFC Underwriting Launches Intellectual Property Product

Specialist lines underwriting agency CFC has launched an intellectual property product focused on small and medium sized companies. The product can cover the costs associated with a number of intellectual property exposures including infringement. According to Erik Alsegard, Intellectual Property …

MGIS, Stevens & Lee Launch Malpractice Program for Bariatric Surgeons

The MGIS Companies and Stevens & Lee have launched Surgi-Protect, a malpractice insurance program designed specifically for bariatric surgeons and their specific practices. With more than 35 percent of Americans suffering from obesity, which was declared a disease by the …

UFG Launches New Equipment Sales, Rental Product

United Fire Group (UFG) has launched a new equipment sales and rental (ESR) product for agricultural; lawn and garden; industrial, construction or material handling equipment dealers. Using an AAIS product as its foundation, UFG developed several coverage enhancements, including: GAP …

Lighthouse Property Insurance Launches Dwelling Fire Product in South Carolina

Owners of South Carolina rental properties have the option of insuring their residences through Lighthouse Property Insurance Corp. beginning July 14. The coverage is available for rental residence or an owner-occupied home. Optional personal liability coverage and the ability to …

Schinnerer Adds Private Company Management Liability Program

Underwriting manager Victor O. Schinnerer & Co. has launched a private company management liability program. The private company program is offered to a range of eligible industries with up to $1 billion in total assets. The program, offered on admitted …

Insurance Noodle Launches Integrated Small Contractors Facility

Insurance Noodle has launched an integrated property and casualty facility for small contractors, bringing together several major carriers via a single access point. The program was designed to help agents working with contractors, such as handymen, landscapers and installers in …

ProSight Launches Gap Endorsement for TV Commercial Producer Wrap-Up Policies

The ProSight Specialty Insurance group of companies has introduced a production policy endorsement designed to safeguard independent television commercial producers from potential losses not covered by a client’s wrap-up policy and transferred to the production company for its ProSight DICE …

Great American Launches Bitcoin Coverage for Commercial, Governmental Entities

Great American Insurance Group’s Fidelity/Crime Division has launched commercial coverage for bitcoins, a virtual online peer-to-peer medium of exchange. Bitcoins are used as a method of exchange by which transactions are conducted to buy and sell merchandise without a go-between, …

ProSight Specialty Expands Energy Market Coverage with Three New Programs

ProSight Specialty Insurance is expanding its reach in the energy market with the launch of three new insurance programs designed for the business needs and exposures of solar energy contractors, propane and fuel dealers, and oil and gas contractors. The …