Markets/Coverages News

Hartford Steam Boiler Launches Cyber Product for Mid-Size Companies

The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has introduced HSB Total Cyber, a stand-alone insurance product that offers mid-size companies direct coverage for multiple types of data and cyber exposures. The coverage is designed …

XL Catlin Unveils Workplace Violence Coverage for Mid-Size Companies

XL Catlin has introduced a new insurance policy to help mid-size companies in the U.S. respond and recover from incidents of workplace violence. According to Denise Balan, Americas Head for XL Catlin’s Crisis Management insurance business, an act of workplace …

RMS Releases Cyber Accumulation Management System to Manage Exposure

RMS has released its Cyber Accumulation Management System*, which includes a new software system and framework for cyber exposure reporting, in addition to a suite of cyber catastrophe scenarios for loss modeling. The RMS Cyber Accumulation Management System was developed with …

Schinnerer Launches Online Flood Program for Residential, Commercial Properties

Victor O. Schinnerer & Company, an underwriting manager, has launched Schinnerer Flood – an online program offering primary insurance for commercial and residential properties through the National Flood Insurance Program (NFIP) as well as excess coverage through the private market. …

Cobalt, Chaucer Offer 1st Lloyd’s Shariah Compliant Political Violence Cover

Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer. Cobalt, the London market’s only Shariah compliant underwriting agency, will offer the product with Lloyd’s capacity provided by Syndicate 2084, the Shariah compliant …

Glatfelter Expands Commercial Ambulance Program to Additional States

Glatfelter Commercial Ambulance (GCA) is expanding into several new states. After an initial rollout in Pennsylvania and New Jersey last year, GCA plans to expand to Illinois, Kentucky, Maryland, New York, Ohio and Texas during the first two quarters of …

ISO Launches Management and Professional Liability Unit

ISO has launched a management and professional liability unit. The unit will spearhead new and revised coverage options as well as actuarial and analytics products for business and corporate risks. Joining ISO to lead the effort are Stephen Whelan, Michael …

Chubb Launches Cyber Response Partnership with Crawford for Clients in Europe

Chubb has launched a new partnership with Crawford & Co., as it continues to invest in building its cyber enterprise risk management capabilities. A global leader in claims and crisis management, Crawford & Co. will provide Chubb’s clients with a …

UCPM Launches Online Environmental Consultants Program

UCPM, Inc., an environmental insurance provider, has entered into an agreement with Rockhill Insurance Co. to offer a comprehensive insurance package for environmental consultants that includes commercial general liability, contractor’s pollution liability, and professional liability coverages. Some highlights include non-owned …

SIAA Partners with LifeLock to Offer Identity Protection Services

SIAA (Strategic Insurance Agency Alliance), a nationwide insurance agency alliance, has formed a national partnership with identity protection provider LifeLock. Under the partnership, SIAA member agencies can refer their personal lines clients to LifeLock at a discounted rate, and offer …