Latest Middle Market Headlines

All the headlines from our Middle Market Topic Page, ordered by recency.

Chubb Updates Lower Middle Market Commercial Package Product

May 27 2021 // Chubb has rolled out a new insurance product for the lower middle market segment with an expanded base coverage offering in both property and liability. Benchmarq Package features scalable property and general liability...

People Moves: Palomar Adds White in Alabama; BRP Forms Middle Market, Insurance Co. Team; Vault Hires Ross as CIO

Apr 28 2021 // Palomar Insurance Adds White in Alabama Tammy White Palomar Insurance has added Tammy White to its expanding marketing team as a transportation marketing representative. A native of Birmingham, Ala., White has more than 20...

Stand Alone, Together: Why SMBs Need Standalone Cyber Cover

Apr 5 2021 // It is well known that small and medium businesses (SMBs) face an ever-increasing risk of cyberattacks. Sixty-three percent of SMBs, surveyed in Fall 2019–prior to COVID-19 lockdowns–reported they had...

Zurich Names Jordan, Heintz to Appoint U.S. Middle Market South Region

Mar 9 2021 // Zurich has promoted Kim Jordan to regional vice president for the South Region, and Jim Heintz was named the underwriting manager for the South Central area. Jordan and Heintz held their new positions on an interim basis...

QBE Custom Property Coverage Form Targets Mid-Size Company Risks

Feb 17 2021 // QBE North America has launched a new modular property form designed to give underwriters and brokers the ability to tailor a program for each individual customer. The QBE Custom Property product contains 33 additional...

Coalition Adds 5 Hires to Middle Market Production Underwriting Team

Jan 29 2021 // Coalition has appointed five new production underwriters to help grow and serve the company’s middle market relationships. New Coalition production underwriting team members include: Andrew Cross, based in San...

Applied Specialty Underwriters Names Black to Lead Middle Market Surplus Lines

Jan 19 2021 // Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines. As executive vice president of the newly-expanded Applied Specialty Underwriters, Black, who has 35 years of...

28% of Michigan Small-to Mid-Sized Business Leaders Satisfied with Economy: Survey

Dec 9 2020 // A survey funded by the by Accident Fund Insurance Company of America and the Michigan Business Network shows that most leaders of small-to mid-sized businesses in the state continue to be wary about the economy. The latest...

Middle Market Firms May Be Untapped Telematics Opportunity

Dec 9 2020 // Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent of agents surveyed for insurer Nationwide responded that they don’t...

Beazley Expands Life Sciences Insurance Offering in UK

Sep 28 2020 // Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused...

For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need

Sep 7 2020 // Nearly 60% of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance rates,...

For 60% of Mid-Sized Businesses, Crisis Management Is Key Unmet Need

Aug 31 2020 // Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they’re concerned about rising insurance...

Venture-backed Insurtech Foresight Poised to Shake Up Workers Compensation

Aug 25 2020 // Foresight offers an innovative workers’ compensation program for safety-critical verticals San Francisco, CA, August 18, 2020 – Foresight recently announced its technology-first workers’ compensation...

Insurance Agents Think They Offer Value. But Some Customers Have a Different View.

Aug 7 2020 // Business owners and consumers are rethinking their finances and insurance needs due to the current economic uncertainty. However, new research suggests insurance customers and their agents are not always on the same page;...

Cyber Insurance Agency Coalition Now Offers Excess Coverage for Middle Market

Jul 22 2020 // With new surplus lines capacity backed by Lloyd’s, cyber insurance and security company Coalition is moving beyond offering primary insurance coverage and entering the excess cyber insurance market. The San...

How to Reduce the Expense of cyber business interruption

Jul 6 2020 // According to the IBM “Cost of a Data Breach Report, 2019”, business interruption (BI) represents 36% of the cost of a cyber breach, averaging a whopping $1.42 million per breach. The report states that, for the...

Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients

Jun 30 2020 // American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the...

Zurich North America Adds Chubb/ACE Veteran Wells as U.S. Head of Middle Market

May 4 2020 // Zurich North America has appointed Alexander Wells as U.S. head of Middle Market. He will be responsible for the strategic management and development of Zurich’s Middle Market business. Wells, who is new to Zurich,...

Cowbell Cyber Adds Social Engineering Coverage, Opens Platform to Non-Insureds

Apr 20 2020 // Cowbell Cyber, a startup insurtech using artificial intelligence (AI)-powered cyber insurance for small to mid-sized businesses (SMBs), has added social engineering coverage to its Cowbell Prime 100 cyber insurance...

Hanover Insurance Names Mitchell, Grieco to Key Commercial Lines Posts

Jan 3 2020 // The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for...