Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Digital Workers’ Comp Agency Pie Insurance Enters 3 More States
Jun 6 2018 // Digital agency Pie Insurance has begun selling its low-cost small business workers’ compensation insurance policies online in Colorado, Louisiana and Texas. That brings the total states for Pie to seven as in March...
Monomoy, Rogers & Gray, Spinnaker Launch Admitted Homeowners Product in Mass.
May 30 2018 // Monomoy Insurance Group and Rogers & Gray Insurance have launched an admitted residential homeowners product in Massachusetts through a partnership with Spinnaker Insurance Company (Spinnaker), a national property and...
XL Catlin Launches Injury, Security Coverage for Visitor Attractions in UK, Ireland
May 17 2018 // XL Catlin has launched Leisure Protect – an insurance package aimed at the mid to large visitor attraction sector. The coverage offers assistance as a result of a catastrophic injury and against a range of security...
AAA Carolinas Launches Inland Flood Coverage for Homeowners
Apr 30 2018 // AAA Carolinas Insurance has launched new inland flooding protection for policyholders. The Inland Flood Coverage is one of three new enhancements offered by AAA Carolinas Insurance, headquartered in Charlotte, N.C. Home...
Prospect General Launches Flood Insurance Product in Indiana
Apr 25 2018 // Prospect General Insurance Agency (Prospect General) has expanded Flood Guard, an admitted residential flood insurance product, into Indiana. Flood Guard, written through Palomar Specialty Insurance Company, provides...
Specialty Program Group Launches New Heights Insurance Solutions in Pennsylvania
Apr 20 2018 // Specialty Program Group LLC (SPG), an insurance holding company for specialty brokerages and underwriting facilities, has launched Eastern Pennsylvania-based New Heights Insurance Solutions (New Heights). New Heights...
Ensurance UK Launches Combined Construction Liability Product
Apr 19 2018 // Ensurance UK Ltd., the niche construction and engineering managing general agent (MGA) and Lloyd’s coverholder, has launched a combined construction liability product, backed by Faraday Syndicate 435 at...
Cyber Analytics Firm Envelop Risk Launches Cyber MGA
Apr 17 2018 // Envelop Risk, a London-based cyber insurance analytics firm, announced the launch of a cyber managing general agent (MGA). Envelop Risk provides cyber underwriting to re/insurers and partners with cyber security firms to...
Plymouth Rock Assurance Entering N.Y. Insurance Market With Latest Acquisition
Apr 17 2018 // Plymouth Rock Assurance Corporation (PRAC) is entering the New York insurance market with its acquisition of 21st Century National Insurance Company (National). PRAC previously brought its insurance portfolio to...
AXIS Launches Cyber Center of Excellence to Help Mitigate Cyber Risks
Apr 16 2018 // AXIS Capital Holdings Ltd. has launched the AXIS Cyber Center of Excellence, which aims to provide commercial insurance products and solutions for mitigating cyber risks. The AXIS Cyber Center of Excellence is intended to...
London Market Group Launches Team to Manage Market Services Modernization
Apr 13 2018 // The London Market Group (LMG) announced the launch of London Insurance Market Operations & Strategic Sourcing (LIMOSS) led by Patrick Molineux as managing director. LIMOSS has been established to source and manage the...
Chubb Launches Online Cyber Risk Index
Apr 12 2018 // Chubb has put two decades worth of its own commercial cyber claims data into an online index that shows the cyber threats for organizations based on their size and industry. Access to the new proprietary online Chubb Cyber...
Specialty Insurance Group Launches Online Coverage Portal for Special Events
Apr 11 2018 // Specialty Insurance Group (SIG), a unit of Everest Insurance and a member of the Everest Re Group companies, has released an online portal for brokers and clients to obtain immediate liability coverage for special...
Barbican Launches Cyber Resilience Product Called ‘One-Step-Ahead’
Apr 11 2018 // Barbican Insurance Group announced the launch of a product partnership with two cyber risk management specialists to help insureds assess and improve their cyber resilience. Called Barbican Cyber...
UPCIC Writes First Homeowners Policy, Launches Universal Direct in New Hampshire
Apr 6 2018 // Universal Insurance Holdings Inc.’s wholly-owned subsidiary, Universal Property & Casualty Insurance Company (UPCIC), has commenced operations and written its first homeowners policy in New Hampshire. It has also...
Everest Insurance Launches Private Company Management Liability Policy
Apr 6 2018 // Everest Specialty Underwriters (ESU), a division of Everest Insurance, has launched Everest Expedition, a private company management liability policy. This new modular management and professional liability policy is...
Workers’ Compensation Insurer Stonetrust Enters Missouri, Tennessee
Apr 3 2018 // Workers’ compensation insurer Stonetrust Commercial Insurance Co. has begun writing business in Missouri and Tennessee. Stonetrust, which is headquartered in Baton Rouge, Louisiana, is also writing in Louisiana,...
UK MGA Castel Specialty Launches Global Property Facultative Reinsurance Cover
Apr 3 2018 // Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has added a global property facultative reinsurance offering to its portfolio. Paul Witzenfeld joins Castel Specialty...
Everest Unveils Cyber Insurance Policy for Companies in All Industries
Apr 2 2018 // Everest Re Group, Ltd. has launched Everest Insurance Cyber Elevation Insurance Policy, which provides comprehensive cyber coverage and risk mitigation and remediation services to companies across all industry...
Specialty Insurer Fortegra Financial Corp. Launches EU Subsidiary in Malta
Mar 29 2018 // Fortegra Financial Corp., a Jacksonville-based international specialty insurer and subsidiary of Tiptree Financial, announced the creation of a wholly owned European subsidiary in Malta. The unit, called Fortegra Europe...
