Markets/Coverages News

Zurich Upgrades Coverage for Asset Managers as Regulatory Risk Grows

Zurich North America has revised its liability policy for investment advisers, mutual fund and hedge fund managers. Zurich says it has made the changes in response to a rise in regulatory risk fueled by new investigative approaches used by the …

Zurich Launches Management Liability Offering for SMEs in Australia

Zurich is launching a new management liability offering, specifically designed to protect small to medium enterprises (SMEs) in Australia, with turnovers up to AUD$50 million. The new product will be provided via “Z.stream,” the company’s electronic broking system. Z.stream* already …

Main Street America Introduces New Private Passenger Auto Program in Va.

The Main Street America Group announced the introduction of Main Street Protection Auto, its new private passenger auto insurance program for Virginia via its statewide network of independent insurance agents. Product highlights include 20 different types of discounts and a …

The Hartford Expands Liability Coverage For Asset Managers

The Hartford has expanded its management and professional liability insurance for asset management firms of all sizes, offering a blended liability policy with new and extended coverage to address key cyber and regulatory risks. “Today’s asset management firms operate in …

R-T Specialty Division Launches Retired Directors Policy with Full Binding Authority

R-T Specialty, LLC’s Retired Directors Assurance Underwriting Services, a division of R-T Specialty, LLC, has a new binding authority for the Retired Directors Assurance (RDA) policy, which provides contingent liability coverage for individual retired Directors (Side A Coverage) on a …

ANV Launches EPLI Risk Management Hotline

ANV Global Services Inc., the North American managing general underwriter (MGU) segment of global speciality insurance group ANV, has launched a new risk management hotline for its employment practices liability insurance (EPLI) policyholders in North America. The EPLI hotline will …

Allied World Enhances Professional Risk-Transfer Product

Allied World North America has introduced an enhanced professional risk-transfer organization (PRO) professional liability product. The product offers greater flexibility and a more responsive design, enabling clients to select and use only the coverages they need by choosing from an …

TUMI Launches Dump Truck Insurance Program

Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has established a relationship with an ‘A’ rated carrier as well as an ‘A++’ rated reinsurer to underwrite insurance for dump truck operators and other aggregate haulers. Coverages include auto liability, …

PURE Introduces Domestic Staff Workers’ Comp Coverage for Florida Members

Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer of high net worth individuals and families, has introduced Domestic Workers’ Compensation Insurance for members residing in Florida. The coverage provides protection for trusted and valued domestic employees. “The …

SASSI Expands Workers’ Comp Program Into Additional States

SASSI, the Salon and Spa Specialty Insurance agency, has added an additional market for its workers’ compensation insurance program, enabling the agency to write this coverage in additional states. The program is designed to meet the needs of small to …