Honeycomb, a managing general agent (MGA) for commercial real estate insurance, announced its North American launch following a $3.3M million raise. Investors in Honeycomb (formerly Agilius) include from Phoenix Insurance, New Era Capital Partners, IT-Farm Corp. and NFP Ventures. San …
Program administrator Lumen Risk Services, in partnership with Transverse Insurance Group, has launched a new commercial property insurance program. The non-admitted program will initially offer monoline property coverage for multi-family, hospitality, and light commercial property accounts with plans to expand …
A Colorado-based workspace management software company has launched an insurance brokerage for coworking and flex space operators, members and tenants. The new agency, Proximity Protect, is offering insurance policies nationwide through admitted insurers to the 100,000 members of Proximity’s network. …
Sompo Global Risk Solutions (GRS), a subsidiary of Sompo International Holdings Ltd., has entered into a partnership with independent risk management and insurance consulting firm Fisher Harris Shapiro, Inc. (FHS) to offer specialized protection against covered property perils to U.S. …
Prospect General, a program administrator based in La Jolla, Calif., has launch a real estate investor insurance program. The coverage will focus on investors who own primarily one to four unit residential dwellings but it will allow small habitational and …
Willis Group Holdings announced that in “response to growing demand from property investors for insurance cover that is compliant with Islamic law it has launched the UK’s first Shariah compliant commercial real estate insurance.” Willis said the coverage “offers real …
