Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Markets/Coverages: Cyber MGA Resilience Launches Tech E&O Cover in UK and EU
Apr 11 2025 // Resilience, the specialist in cyber risk solutions, announced the introduction of coverage for technology errors and omissions (tech E&O) in the UK and Europe, supported through a new partnership with Accredited...
Rebates on HO Premiums? It’s a Thing, Orion180 Says in Launching Florida Coverage
Apr 10 2025 // Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an...
Markets/Coverages: MGA Helix Underwriting Launches Professional Lines Program
Apr 9 2025 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed by Somers Re, the Bermuda-based program is...
The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market
Apr 8 2025 // Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Nichols (Linkedin) Apex Star...
Markets/Coverages: Westfield Adds Inland Flood Option; Rokstone Launches Farm & Ranch in 14 States
Mar 27 2025 // Westfield Expands Flood Protection Options for Homeowners Property/casualty insurer Westfield is expanding its protection options for U.S. homeowners by offering an inland flood coverage add-on designed to help reduce the...
Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
CannGen Launches Workers’ Comp Program Through Crum & Forester
Mar 13 2025 // CannGen Insurance Services LLC is now offering workers’ compensation coverage for the legal cannabis industry through specialty insurance provider Crum & Forster. The program is available in all 50 states....
Markets/Coverages: MS Amlin, MSIG UK Launch Dual-Stamp Capacity for London Market
Mar 12 2025 // MS Amlin, the Lloyd’s re/Insurer, and its sister company, Mitsui Sumitomo Insurance Co. (Europe) (MSIG UK), announced the expansion of their London market footprint with the launch of a new dual-stamp underwriting...
FTP, INC. Announces Strategic Acquisition of Coastal Flood Underwriters
Mar 7 2025 // Old Bridge, NJ March 07, 2025 – FTP, INC. announced today its acquisition of Coastal Flood Underwriters, LLC, a premier provider of flood insurance solutions. This strategic move strengthens FTP’s commitment to...
Gallagher Re Launches Cyber Risk Adjusted Rating Index to Track Reinsurance Rates
Mar 7 2025 // Gallagher Re, the reinsurance brokerage unit of Arthur J. Gallagher & Co., announced it has launched a Cyber Risk Adjusted Rating (RAR) Index, which is designed to measure the change in reinsurance prices adjusted for...
People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires
Mar 6 2025 // This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. A summary of these new hires follows here. Tokio Marine HCC Int’l Promotes Gower as Head of...
Markets/Coverages: RenaissanceRe Launches Property Catastrophe Bond Fund
Mar 6 2025 // RenaissanceRe Holdings Ltd. announced the launch of an Irish-domiciled property catastrophe bond fund, RenaissanceRe Medici UCITS Fund (Medici UCITS). A sub-fund of RenaissanceRe Medici ICAV, Medici UCITS is purpose-built...
Markets/Coverages: Ryan Launches Specialty National Programs Group
Mar 5 2025 // Global specialty insurance firm Ryan Specialty is launching a new practice group focusing on specialty, class specific package business on both an admitted and non-admitted basis. The new group will be within its...
Markets/Coverages: IQUW Launches Ports & Terminals Product
Feb 18 2025 // IQUW, the London-based specialty insurer and reinsurer, has launched its new ports and terminals product, reinforcing its position as a lead market for marine insurance. Under the leadership of Ali Welchman, an expert in...
Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it...
Markets/Coverages: Mosaic Launches Combined General, Environmental Liability Cover
Feb 14 2025 // Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages. The company’s new Site Pollution &...
WDIS Launches Wildfire Only Coverage for E&S Commercial Property in California
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Jupiter Launches $1M in Added Capacity Above FAIR Plan for California Homeowners
Feb 5 2025 // Jupiter Risk Services has launched its Jupiter Private Client Excess Homeowners Insurance (XS Homeowners), a property insurance product providing up to $1 million in additional capacity above the California FAIR...
Markets/Coverages: DUAL Europe Launches Cyber Active Protect Solution
Jan 28 2025 // DUAL Europe announced the launch of DUAL Cyber Active Protect, a new product that combines comprehensive cyber insurance with proactive cyber prevention services. It also has launched a new entity – DUAL Cyber Prevention...
Mangrove, Another New Property Insurer, Enters Florida Market
Jan 27 2025 // Itasca Re chairman Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove,...
