Program Business News

Farmers Introduces Institutional Business Owners Policy Through Texas Agents

Farmers Group of Cos. has introduced an institutional business owners policy (iBOP) for institutions across America, which will be offered by Farmers agents in Texas. iBOP is designed to serve a spectrum of religious institutions, educational institutions, social service organizations …

Munich Re Expands Admitted Capabilities for Program Administrators

As part of a strategy to expand its capabilities for program administrators, two additional admitted companies–American Family Home Insurance Co. (AFH) and American Southern Home Insurance Co. (ASH)–are now available to program administrators of the Specialty Markets Division of Munich …

Willis Programs, Krause and Butt Launch RecycleGuard in Ontario

Willis Programs of New Hampshire, Inc., a unit of Willis Group Holdings, announced that it has signed an agreement with Krause and Butt Insurance Brokers Limited of Barrie, Ontario, Canada to offer the RecycleGuard program exclusively in Ontario. Willis described …

Avoca Insurance Forms Manchester Specialty Programs

Avoca Insurance Holdings has established Manchester Specialty Programs Inc. (MSP) as a national programs platform. William D. Thompson has been named president and CEO of the organization. Thompson is directly responsible for the development and management of all program business. …

CNA, SeaPass to Expand On-Line Quoting for Small Business Partners

CNA insurance companies recently formalized its relationship with SeaPass Solutions, Inc. to support the expansion of on-line quoting resources for its small business agents and brokers. Through the SeaPass Hub platform, a comparative commercial lines quoting tool, CNA’s distribution partners …

Zurich Forms Agreement With Marsh for East Coast Lawyers’ Program

Zurich has appointed insurance broker Marsh U.S. Consumer, as the new administrator for its Programs & Direct Markets’ lawyers’ professional liability program. Marsh will be the administrator for attorneys in Conn., Maine, Mass., N.H., N.Y., Pa., R.I., and Vt. Attorneys …

Big “I” Markets Introduces Pollution/Environmental Product

The Independent Insurance Agents & Brokers of America Big “I” Markets program has formed a partnership with the American Risk Management Resources Network (ARMR), LLC to provide Big “I” members access to the environmental insurance market place plus expertise in …

OnPoint Underwriting Adds Surety Bond Coverage for Tribal Clients

OnPoint Underwriting, a managing general agency, now has the ability to write tribal surety with a large carrier with more than 15 years of experience serving tribal nations. The carrier, rated “A” with A.M. Best, “A+” with Fitch and “A” …

Midlands Introduces Public Entity Package

Midlands Management Corp. has introduced a public entity multi-line package designed for select public entity risks that want to gain more control over their casualty exposures by accepting a self-insured retention (SIR) and implementing a proactive claims management partnership and …

One Beacon Enters Exclusive Arrangement with USI Affinity

OneBeacon Professional Insurance has entered into an exclusive arrangement with USI Affinity to administer its Lawyers’ Professional Liability (LPL) insurance program, which provides liability protection solutions for law firms with up to 20 lawyers in Connecticut, Massachusetts, Maryland, Virginia and …