Latest New Markets Headlines

All the headlines from our New Markets Topic Page, ordered by recency.

Markets/Coverages: Lemonade Launches Homeowners Insurance in France

Apr 9 2024 // Lemonade, the New York-based insurtech, announced the launch of homeowners insurance in France in partnership with BNP Paribas Cardif. Millions of occupying homeowners can now purchase extensive coverage for their home and...

LineSlip Solutions Launches Peer Comps: Breakthrough Cyber Insurance Modeling Tool

Apr 8 2024 // New Solution Empowers Insurance Brokers and Buyers with Unparalleled Cyber Insurance Benchmarking NEW YORK, April 8, 2024 – LineSlip, the leading provider of data analytics for commercial insurance brokers, risk...

Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses

Apr 5 2024 // Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire Allianz Global Corporate & Specialty’s US MidCorp and Entertainment businesses...

Arrowhead Launching Commercial Auto Product in California

Apr 5 2024 // Arrowhead General Insurance Agency Inc. in California launched a new commercial auto product. Arrowhead’s Commercial Auto is available to California customers in construction-related industries. The program includes:...

Markets/Coverages: Munich Re’s HSB Launches Cyber Insurance for Autos

Apr 3 2024 // With millions of connected vehicles on U.S. roads, personal cars and trucks will likely be the next big target for hackers and cyber thieves, according to specialty insurer HSB, which has launched a new cyber insurance...

The Target Markets, The Institutes Launch Program Business Professional Designation

Mar 28 2024 // The Target Markets Program Administrators Association (TMPAA) and The Institutes Knowledge Group created a new credential for program insurance professionals, the Program Business Professional (PBP) designation. The PBP...

Markets/Coverages: Marsh Launches Global Facility Providing Cover up to $825M for Digital Asset Custodians

Mar 26 2024 // Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the launch of an insurance facility for custodians of digital assets, including financial institutions. The largest facility of its kind, it...

Markets/Coverages: Aon Launches Partner Risk Insights

Mar 12 2024 // Aon plc, a global professional services firm, today announced the launch of Partner Risk Insights, a digital platform powered by CoverWallet, to help U.S. organizations simplify the way they manage insurance-related...

Markets/Coverages: Mosaic Launches Primary Tech E&O Cover With Capacity of $15M

Mar 7 2024 // Mosaic Insurance’s cyber division has launched primary technology errors and omissions (E&O) coverage to protect tech companies from increasing liability risks. The launch builds on Mosaic’s primary cyber...

People Moves: LAUNCH Names Seger CTO; Kraus-Anderson Insurance Adds Business Development Positions

Mar 6 2024 // LAUNCH Names Seger CTO LAUNCH, headquartered in Omaha, named JT Seger as chief technology officer. Seger’s experience includes being a co-founder at Sequel and a principal software engineer at Maptician and...

Resilience in California Launches Technology E&O Coverage

Mar 6 2024 // San Francisco, California-based Resilience launched a Technology Errors & Omissions coverage for U.S. organizations with $300 million to $10 billion in revenue. With $10M in limits available for both primary and excess...

Markets/Coverages: Falvey Launches Commercial Output Insurance

Mar 5 2024 // Falvey Insurance Group announced the launch of Commercial Output insurance – coverage designed to cater to the diverse insurance needs of businesses in the manufacturing, institutional, industrial, and commercial...

UK Insurer Aviva to Enter Lloyd’s Market via Acquisition of Probitas for £242M

Mar 4 2024 // Aviva plc announced it will acquire 100% of Probitas Holdings (Bermuda) Ltd., the parent company of the Probitas Group, for a minimum fixed consideration of £242 million (US$306.2 million). The transaction includes...

Symphony Risk in California Launches Captive Program for Cannabis Industry

Mar 4 2024 // Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool...

People Moves: AXIS Promotes Ashby to Chief Commercial Officer; Miller Launches Parametric Team Headed by Glenister From Mastercard

Mar 1 2024 // This edition of International People Moves details appointments at the re/insurer AXIS Capital Holdings and insurance broker Miller. A summary of these new hires follows here. AXIS Promotes Ashby to Chief Commercial...

Markets/Coverages: Legal & Contingency Launches EV Charging Site Insurance for England and Wales

Feb 28 2024 // Legal & Contingency Ltd. (L&C), the London-based MGA that specializes in underwriting legal indemnities and title risks, announced the launch of an insurance policy which will cover the installation of electric...

Canada’s Co-operators Enters Home-Services Business With Carson Dunlop Purchase

Feb 16 2024 // Co-operators Financial Services Ltd. announced the acquisition of the parent company of Carson Dunlop & Associates Ltd., a consulting engineering firm that provides advice to help homeowners make better, more informed...

Symphony Risk in California Launches Captive Program for Cannabis Industry

Feb 16 2024 // Symphony Grow is launching a bespoke captive insurance program for large and sophisticated cannabis businesses called “Symphony Grow Captive.” The “Symphony Grow Captive” risk financing tool...

Markets/Coverages: Loadsure Launches Motor Truck Cargo Insurance

Feb 13 2024 // Loadsure, the London-based insurtech MGA, announced the launch of motor truck cargo insurance, a data-powered insurance product, purpose-built for the logistics community. Called “Columbia™ – Motor Truck...

SiriusPoint Enters Strategic Partnership With MGU Ryan Specialty Nordics

Feb 13 2024 // SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, and Stockholm-based managing general underwriter Ryan Specialty Nordics AB, have announced a new strategic trading partnership. SiriusPoint will support...