Markets/Coverages News

Hiscox Launches Private Investment Fund Portfolio

Hiscox, the international specialist insurer, has launched its Private Investment Fund Portfolio product to provide protection for many types of asset management firms. The portfolio provides coverage for lawsuits alleging breach of fiduciary duty, fraud, insider trading, securities law violations, …

Lighthouse Insurance Expands Homeowners Program to North Carolina

Beginning in November 2014, Lighthouse Property Insurance Corp. will offer homeowners insurance and flood insurance throughout North Carolina. While Lighthouse will debut in the state with only homeowners and flood, it expects to introduce a dwelling fire product in 2015. …

AssureStart Expands Online Small Business Insurance Sales to Four More States

AssureStart, the online small business insurance provider, is now open for business in Nevada, New York, Ohio and South Carolina. AssureStart sells business property and general liability insurance on the Internet exclusively to small businesses with fewer than 30 employees. …

NIF Group, HDI Gerling America to offer Artisan Contractor Coverage in West

NIF Group, Inc., a program administrator and specialty brokerage firm, has announced a new carrier for their artisan contractors program.  NIF Insurance Services of California, a division of NIF Group, will act as the program administrator in partnership with Glencar …

Marsh Launches Catastrophic Cyber Policy For Large Companies

Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to better manage the growing threat of a …

Insurance Noodle Launches Integrated Facility for Allied Health Services

Insurance Noodle has launched an integrated facility for allied health services across the United States, bringing together several leading markets via a single online access point. By accessing Insurance Noodle’s proprietary technology platform, agents can simultaneously market an account to …

JLT Group Expands U.S. Specialty Reach, Merges JLT Specialty, Lloyd & Partners

Jardine Lloyd Thompson Group plc (JLT) a global providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has expanded its U.S. specialty capabilities and merged JLT Specialty Ltd. and Lloyd & Partners Ltd. to drive a …

GetMyBoat Boat Rental Service Launches Boat Rental Insurance

GetMyBoat, a global peer-to-peer and boat rental and charter marketplace, has launched a global boat rental insurance product. Customized coverage is offered to boaters who book through the company or through any other service or platform. Policies can be purchased …

State Farm Enhances Claims Reporting App with Object Recognition Technology

State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by using the mobile …

EFG Companies Launch Extended Vehicle Warranty Product

EFG Companies has launched a vehicle service contract (VSC) called Simplicity Vehicle Protection that gives agents and brokers the ability to sell an extended warranty to clients after the purchase of the vehicle. With Simplicity Vehicle Protection, agents and managing …