Markets/Coverages News

Allianz Launches Cyber Crime Coverage for Canadian Companies

Industrial insurance specialist Allianz Global Corporate & Specialty (AGCS) has launched Allianz Cyber Protect in Canada, a suite of coverages with capacity to protect a company in the event of a data loss or a cyber-security incident. Allianz Cyber Protect includes …

GEICO Lowers Commercial Auto Rates in Virginia

GEICO is introducing lower rates in Virginia for commercial auto insurance customers, including contractors, retailers, caterers, professional services and other businesses. Small business owners in particular need commercial vehicle insurance packages to cover their cars, trucks and vans used on …

Alteris Launches Specialty Insurance Program for Large Water-Related Entities

Alteris Insurance Services Inc.  has launched a new specialty insurance program for large water-related entities in the contiguous U.S. (excluding Alaska and Hawaii). Alteris’s new coverage provides protection to large water-related facilities (water, sewer, reclamation and irrigation districts)—up to $11 …

Acadia Insurance Launches Small Business Product in Maine, New Hampshire

Acadia Insurance, a W. R. Berkley Co., has launched a new insurance policy for small businesses in Maine and New Hampshire called AcadiaAdvantage.  The product is expected to be available in additional states this fall. AcadiaAdvantage combines features of a …

Allied World to Build Out Canadian Energy Market Property Coverage, Hires Two Vets to Lead

Allied World Assurance Company Holdings, AG has launched its property line for energy risks in the Canadian market with a new team of underwriters. The company launched its initial property & excess casualty offerings for Canada in May. The new …

K&K Insurance Group Launches Online Insurance Option for Walk/Run Events

K&K Insurance Group, Inc. has launched a new website offering coverage for groups organizing walk or run events. The website, www.WalkRunInsurance-kk.com, gives agents the ability to quote and purchase liability insurance online with immediate delivery of coverage documents. The Walk/Run …

Liberty Mutual Opens Equipment Breakdown Office in San Francisco, Adds Staff

Liberty Mutual has added senior underwriting and technical engineering resource staff to its equipment breakdown operations, as well as opened a San Francisco office so it can be closer to its partners. The new staff includes: John Volle, senior manager …

Insurance Noodle Launches Integrated Facility for Small Financial Services Firms

Insurance Noodle has launched an integrated facility for small financial firms across the United States, bringing together several markets via a single online access point. The Insurance Noodle proprietary technology platform simultaneously markets an account to all carriers and returns …

TSC Advantage Enhances Cyber Assessment Technology for Insurers

TSC Advantage, an enterprise risk consultancy, has enhanced its cyber risk assessment Threat Vector Manager (TVM) technology for commercial organizations, critical infrastructure and the public sector. In addition, through its partnership with global insurance underwriters and brokers, TSC Advantage said …

Last Chance: Submit Your Sales, Marketing & Agency Management Ideas

Calling innovative insurance marketers! Share your sales, marketing and agency management ideas with the insurance community and they could be featured in Insurance Journal magazine’s Aug. 18 issue. To submit your idea today, visit: http://www.insurancejournal.com/agency-sales-marketing-ideas/ The DEADLINE is today.