Liberty International Underwriters U.S. (LIU) has launched an Excess and Surplus Lines (E&S) Property product. This product provides wholesale brokers with a new market for their clients’ commercial property business and targets their mid- and large-sized property portfolio risks with …
Chartis has expanded its Passport service platform to include three additional products from its Executive Liability Division that are specifically designed for financial institutions: Investment Management Insurance, Private Equity Professional Edge and Bankers Professional Liability Insurance. Passport allows multinational firms …
Berkley Oil & Gas, a member company of W. R. Berkley Corp., has formed a partnership with J. H. Blades & Co., Inc./Swett & Crawford in Dallas. Blades/Swett operates as a surplus lines broker and managing general underwriter (MGU) specializing …
The Chubb Group of Insurance Companies has expanded the features available under its Customarq for Cultural Institutions package policy. The policy is available to not-for-profit cultural institutions, including botanical gardens, museums, aquariums and libraries. The enhanced package policy brings together …
MetLife Auto & Home has announced it will be supplementing its product line in Texas by introducing GrandProtect, a personal lines “package” policy. The product will be available to Texas residents as of November 15. GrandProtect, a proprietary product for …
Rockwood Reduces Premiums for Its Life Agent E&O Product Rockwood Programs, Inc. has implemented premium reductions of about 20 percent for its life agent’s errors and omissions (E&O). More significant savings will be available to life agents generating less than …
Chartis has expanded its NextGen Protection, a suite of environmental insurance products, to additional industries. The additional industry segments within the NextGen Protection suite are: PLL MuniProtect for Municipalities PLL MuniProtect has been developed to address the environmental exposures associated …
Venture Insurance Programs, a national program administrator has launched Concierge, a hotel insurance program, and SafeBet, a casino insurance program, both offering all lines of coverage. Conciergeprovides all lines of coverage for hotel management companies and boutique hotels, as well …
The current insurance program market is mature and stable, with business estimated at $20 billion, but profitability may be declining, according to a new survey of program administrators and managing general agents. Program experts say their biggest challenge is developing …
Zurich in North America has formed a new relationship with wholesale broker AmWINS Group Benefits (AmWINS). This is the second relationship Zurich has formalized to further its growth plan in the program accident and health (A&H) space. AmWins Group Benefits …
