Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Motion Specialty Launches Lloyd’s MGU, Founded by Former Hiscox Executives
May 20 2025 // Motion Specialty has been approved as a Lloyd’s of London coverholder, founded by former Hiscox executives Dan Alpay and Alex Kickham. The business writes on behalf of Lloyd’s Syndicate 1301, managed by Inigo...
TIMBY Specialty Launches Warehouse Legal Liability Coverage
May 15 2025 // Inland marine managing general underwriter TIMBY Specialty Insurance Solutions launched its Warehouse Legal Liability Coverage, a product specifically for public and contract warehouses that handle third-party...
Markets/Coverages: Markel Launches Affirmative Cyber Product for Collateral War Cover
May 14 2025 // Markel Insurance, the insurance operations within Markel Group Inc., launched a specialist cyber product to provide up to US$5 million of cover per risk for indirect losses arising from an act of war. Cyber risks are a...
Markets/Coverages: CRC’s Starwind Specialty Launches 4 Programs
May 13 2025 // Starwind Specialty Insurance Services, a CRC Group company, said it has launched four insurance programs — Starwind Environmental, Starwind PVT (Political Violence & Terrorism), Starwind Equipment, and Starwind...
Markets/Coverages: MGA Pen Launches Enhanced Cyber Risk Management Platform
May 13 2025 // Pen Underwriting, the London-based managing general agent, has invested in a new cyber protection platform called “Pen Protect,” which aims to equip all its cyber policyholders around the world with an...
Markets/Coverages: Markel Launches Clinical Trials Cover to Support Research Globally
May 12 2025 // Markel Insurance, the insurance operations within Markel Group Inc., announced the launch of its clinical trials insurance product. Markel said the product underscores its commitment to providing best-in-class solutions to...
Markets/Coverages: CFC Launches Simplified Intellectual Property Product
May 8 2025 // CFC, the London-based managing general agent and cyber specialist, announced the launch of its new simplified intellectual property (IP) product. Sector agnostic and designed for all sizes of companies from start-ups and...
Markets/Coverages: Chaucer Launches Standalone TPL Cover for AI Underperformance
May 7 2025 // Chaucer Group, the specialty re/insurer, announced the launch of a standalone third-party liability (TPL) insurance product in collaboration with Armilla AI, the Toronto-based managing general agent that provides...
Markets/Coverages: AXIS Launches Cyber and Liability Policy for Canadian SMEs
May 5 2025 // AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and specialist liability coverage to companies in Canada with up to US$2...
Britain’s M&S Enters 2nd Week of Sales Disruption After Cyberattack
May 2 2025 // Britain’s Marks & Spencer entered a second week unable to take online clothing and home orders on Friday following a major cyberattack, hitting sales of new season ranges as the country basks in record...
Markets/Coverages: Coalition Launches Cyber Insurance for Businesses in Nordic Region
May 1 2025 // Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance product in the Nordic region. Coalition’s offerings are available in Denmark...
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...
