new product News

National Interstate Launches New Ambulance Insurance Product

National Interstate Insurance Co. has launched a new insurance program targeted towards for-profit emergency and non-emergency ambulance transportation operations. The company will began accepting applications on January 2, 2014, and is actively seeking to increase its producer network. National Interstate …

Verisk Climate, WDT to Develop Weather-Related Analytics Products for Businesses

Verisk Climate, a provider of enterprise climate risk management products, and Weather Decision Technologies (WDT), a weather industry technology provider, have formed a long-term alliance to develop new, more advanced analytics and products focused on the business impacts from weather …

Ascent Launches Medical Billings E&O Coverage for U.S. Healthcare Professionals

Ascent Underwriting, the Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors & omissions insurance product specifically aimed at U.S. healthcare professionals. CyberPro Medical Billings offers financial protection against HIPAA billing and coding regulation violations …

Protx Risk Management Launches Bancshield+ Portfolio for Community Banks

Protx Risk Management LLC, a managing general agency that focuses on professional liability insurance, has introduced a suite of professional liability products for U.S. community banks, including directors and officers liability, employment practices liability, fiduciary liability, bankers professional liability including …

National Interstate Launches Captive for Waste Haulers

National Interstate Insurance Co. has formed a new group rental captive for waste haulers to complement its traditional insurance program. The company is now seeking operators with a solid track record in the waste industry to become founding members. According …

Liberty Mutual Launches Foreign Package Policy for U.S. Companies

Liberty Mutual’s Commercial Insurance strategic business unit has expanded its foreign package policy offering by introducing a new product, and by adding a new global crisis management endorsement. The new Global Concierge Plus product provides up to $25 million in …

Ironshore Canada Launches PL Coverage for Private Equity Risks

IronPro, the professional and management liability unit of Ironshore Canada Ltd., has introduced a professional liability policy for Canadian-based private equity and venture capital firms to protect against portfolio investment risk exposures worldwide. IronPro’s private equity liability insurance policy is …

Ironshore’s Pembroke Agency Launches Insurance for Satellite Financing

Ironshore International’s Pembroke Managing Agency Limited has begun offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for banks and export credit agencies against the risk of non-disclosure and misrepresentation by the …

Capital Insurance Group Launches EPL Coverage for Employers, Small Businesses

Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released a comprehensive employment practices liability Insurance (EPLI) product for organizations with up to 250 employees and limits up to $1 million. Organizations with 50 …

U.S. Risk Rebrands PL Division, Launches Program for Texas Lawyers

U.S. Risk Insurance Group, Inc., a nationwide managing general agency and surplus lines, has launched a new program for Texas lawyers’ professional liability through its U.S. Risk Pro division. This admitted program, written on AmTrust Group insurance carrier paper, has …