Latest Middle Market Headlines
All the headlines from our Middle Market Topic Page, ordered by recency.
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...
AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools
Dec 23 2019 // AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of cloud technology, and Microsoft will work together to help improve cyber health and mitigate risks for...
Digital MGA C-Quence Joins with Insurtech Cytora to Transform Mid-Market Insurance
Nov 26 2019 // C-Quence, the digital managing general agent (MGA), and Cytora, the insurtech startup that operates an artificial intelligence-powered platform, are joining forces to “turbocharge innovation” in commercial...
Chubb Taps Poole from Tokio Marine as Head of Middle Market, UK & Ireland
Oct 29 2019 // Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which...
Cybersecurity Awareness Month: Time to Close the Cyber Coverage Gaps
Oct 8 2019 // As Cybersecurity Awareness Month is underway, it may be time for businesses – especially small- or mid-sized firms – to assess their understanding of current cyber risks and whether they’re adequately covered...
Growth Frenzy Around Middle-Market CLOs Expected to Continue
Oct 2 2019 // It’s a marriage between two of Wall Street’s hottest products. Collateralized loan obligations — typically chock-full of broadly-syndicated debt — are increasingly being stuffed with private loans...
Cyber Insurer Coalition Expands Coverage to Businesses With Up To $1B in Revenue
Sep 27 2019 // Coalition, an cyber insurance company focused on small- and midsize-businesses, has expanded its cyber and technology errors and omissions coverage — previously only available to companies with less than $250 million in...
Willis Towers Watson, Sompo GRS Launch Middle Market Real Estate Platform
Sep 16 2019 // Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance platform to serve the needs of the middle market commercial real estate segment. The...
Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers
Aug 22 2019 // Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes. CoverPlus offers a...
