new product News

Brit Launches Cyber Product for Critical Infrastructure, Industrial Machinery

Brit PLC, a global specialty insurer and reinsurer, has developed an insurance service to protect companies operating critical infrastructure and industrial machinery from terrorist and other malicious attacks, such as sabotage, espionage and theft. Critical infrastructure, operated through complex software …

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, …

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 …

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 …

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 …

EPIC Launches Education Protector for Student Athletes

Silicon Valley-based EPIC Insurance Brokers has launched a new policy designed to protect high school athletes who have received a verbal offer for an athletic scholarship or grant from an NCAA Division I or Division II sports program. Education Protector …

Chubb Launches Crime Coverage for Payment Fraud

The Chubb Group of Insurance Companies has created a crime insurance endorsement to help protect companies from an increasingly prevalent type of fraud. Chubb’s Social Engineering Fraud Endorsement provides coverage for an organization’s losses when an employee is tricked into …

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 …

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 …