Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Beazley Launches Title IX Coverage for Educational Institutions
Sep 19 2019 // Specialist insurer Beazley has launched a comprehensive policy designed to cover infringements of Title IX, the federal law prohibiting discrimination based on sex in any public education program. The policy provides...
JBA Risk Management Launches Probabilistic Global Flood Model
Sep 16 2019 // The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers to model river and surface water flood at 30 meters (98.4 feet) resolution...
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...
Tokio Marine Kiln Announces Leadership Changes, Including New CEO Irick
Sep 13 2019 // Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad Irick as CEO of TMK from...
ARAG, Morrison Insurance Solutions Launch Coverage for FosterTalk Legal Guardians
Sep 12 2019 // Leading legal expenses insurance provider ARAG plc has developed a product with specialty insurance broker Morrison Insurance Solutions to offer legal advice and protection to special guardians. The product has been...
Wright National Flood Insurance, Zurich Launch Private Flood Product in Florida
Sep 12 2019 // Wright National Flood Insurance Services, LLC (WNFIS) and Zurich North America have introduced Zurich Residential Private Flood Insurance program. This stand-alone admitted product launched exclusively in Florida on...
Maryland Auto Insurance’s FineFix Program Launches Statewide
Sep 4 2019 // A new state program in Maryland will help eligible residents reduce their outstanding uninsured auto fines, eliminating a hurdle to registering and insuring their vehicles. FineFix is a partnership between the Uninsured...
Paragon Launches Nationwide Workers’ Comp Program
Sep 4 2019 // Paragon Insurance Holdings LLC, a national multi-line specialty MGA (managing general agency) based in Avon, Conn., has added a new nationwide workers’ compensation insurance program. Available to their eligible...
Insurtech Kin Insurance Raises $47M to Launch Florida Homeowners Carrier
Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model. August Capital led the...
Newly-Launched CAC Specialty Combines Insurance Brokerage with Investment Banking
Aug 26 2019 // Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large...
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...
Texas’ Tricolor Launches Auto Insurance Option for Low Income Consumers
Aug 13 2019 // Tricolor, a Dallas-based used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, is now offering affordable auto insurance option for low-income and credit invisible customers through...
Everest Insurance Launches Everest Elevation REIT Management Liability Policy
Aug 9 2019 // Everest Insurance has released a new Everest Elevation REIT Management Liability Policy (Everest Elevation), which provides management liability coverage for real estate investment trusts (REITs). The Financial Lines group...
Norman-Spencer Agency Launches Closing Coverage for Residential Home Buyers
Aug 6 2019 // Insure My Closing, a new insurance program that provides expense coverage due to closing delays for home buyers, has been launched and is available in 28 states. Offered exclusively through Norman-Spencer Agency and backed...
Digital Workers’ Compensation Provider Pie Insurance Enters 4 Additional States
Jul 17 2019 // Pie Insurance said it has begun providing workers’ compensation insurance to small businesses in Mississippi, New Hampshire, Utah and West Virginia. With these additions, Pie now offers coverage in 29 states and the...
Normandy Insurance Enters Missouri With Workers’ Comp Coverage
Jul 3 2019 // Florida-based workers’ compensation carrier Normandy Insurance Company is now offering workers’ compensation insurance to small, mid-size, and large businesses in Missouri. With the addition of Missouri,...
JBA Risk Management and FloodFlash Launch Parametric Flood Policy in UK
Jun 28 2019 // JBA Risk Management and FloodFlash have formed a partnership to provide event-based flood insurance, which uses parametric triggers for property exposures. The product is an industry first and will provide bespoke...
Online Marketplace EverQuote Enters Health and Renters Insurance Markets
Jun 27 2019 // One year after its initial public offering raised $84 million, online insurance marketplace EverQuote announced it is expanding into health insurance and renters insurance, building on its existing auto, home and life...
Aspen Insurance Launches Cyber Risk Management Platform ‘SSIMPLE’
Jun 19 2019 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., announced the launch of its cyber risk management platform, SSIMPLE, which was developed to assist clients in the prevention and detection of, and...
Insurance Journal Announces the Launch of Cyber Newsletter
Jun 13 2019 // San Diego, CA, June 13, 2019 – Today, Insurance Journal premiers a brand new bi-weekly newsletter for insurance professionals and risk managers who are serious about cyber. It’s called “Insuring Cyber”....
