Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Amwins and Floodbase Launch Flood Insurance Program for California Municipalities
Oct 10 2024 // Amwins and Floodbase have launched a municipal flood insurance program designed to insure California municipalities against previously uncovered losses due to atmospheric river flooding. The flood program closes the...
Intersys Expands in UK Insurance Market With Launch of London Office
Oct 9 2024 // Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening of an office in Leadenhall Market in London. Intersys’ London office will serve...
Markets/Coverages: Beazley Launches Cyber Consortium for Large Corporates
Oct 8 2024 // Specialty insurer Beazley announced the launch of a cyber consortium that provides comprehensive cover for large corporates with a turnover in excess of $1 billion, infusing $100 million of new capacity into the cyber...
NCCI Unveils New, More Precise Workers’ Comp Medical Price Index
Oct 7 2024 // In recent years, workers’ compensation insurers have struggled to accurately gauge the precise trends in medical costs, and have had to rely on indexes that weren’t quite on-point: The U.S. Consumer Price Index...
The Fidelis Partnership Launches Specialty Reinsurance MGA
Oct 3 2024 // Pine Walk Capital Ltd., the specialist MGA incubator platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Silverflame Re, a new specialty reinsurance MGA. Silverflame Re will...
Markets/Coverages: MGA Verve Launches Captive Insurance Product and Broker Portal
Oct 1 2024 // Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and...
Acrisure Launches Bermuda Operation, Led by Industry Veteran Scope
Sep 26 2024 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients. Trading as Acrisure Bermuda Ltd., the...
Markets/Coverages: Sompo Launches Marine Insurance Proposition for UK Market
Sep 25 2024 // Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom. Sompo’s Marine...
SURE and SageSure Launch Non-Admitted Business Owners Policy in California
Sep 24 2024 // SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries,...
Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte
Sep 23 2024 // Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance...
Tokio Marine Kiln Launches Specialty Reinsurance Division
Sep 13 2024 // Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector. The new division will be led by...
Arrowhead announces new carrier partnership for New Jersey homeowners
Sep 10 2024 // SAN DIEGO, CA., September 10, 2024 – Arrowhead General Insurance Agency, Inc. is pleased to announce its new carrier relationship with DB Insurance Company. Together we have introduced a new admitted homeowner’s...
Bishop Street Enters Commercial Lines With Acquisition of MGA Conifer
Sep 5 2024 // Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings,...
People Moves: Acrisure Re Makes Leadership Changes in London; Dale Enters Int’l Professional Indemnity Market, Led by Barnes From Westfield
Sep 4 2024 // This edition of International People Moves details appointments at Acrisure Re and Dale Underwriting Partners. A summary of these new hires follows here. Acrisure Re Announces Leadership Changes in International...
Ascend Unveils Direct Bill Automation Solution for Insurance Brokers
Sep 4 2024 // Introducing the Only Comprehensive Platform for Agency Accounting Operations San Francisco, CA – September 4, 2024 – Ascend, the leading provider of accounting automation software to the insurance industry, is...
Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz
Aug 23 2024 // Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital...
Markets/Coverages: Rokstone and Accredited Announce Multi-Year Capacity Agreement
Aug 21 2024 // Rokstone, the Aventum Group’s international re/insurance MGA, announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a leading global program manager. The partnership...
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility
Aug 20 2024 // Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world. Created by Marsh...
Skyward Specialty Launches Aviation Program
Aug 19 2024 // Houston’s Skyward Specialty Insurance Group announced it is launching an aviation program in partnership with Acceleration Aviation Underwriters. The partnership between Skyward Specialty and Acceleration Aviation...
Markets/Coverages: Amwins, Floodbase Unveil Flood Insurance for Golf Courses; Aegis Pro Risk Partners With Sentry on E&O Program
Aug 14 2024 // Amwins announced the launch of its “Tees-to-Green” flood insurance program powered by Floodbase to reimburse U.S. golf courses for lost revenue due to flooding. Golf courses are often built on land prone to...
