Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Kinsale Launches Liability Product for Public Officials
Jun 28 2017 // The Public Entity Division of Kinsale Insurance Company is now offering public official liability coverage that provides for damages and defense costs for wrongful acts alleged against a public entity, an elected or...
MGA Pen Underwriting Launches Specialist Cover for UK Construction Market
Jun 27 2017 // Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures. Backed by “A”-rated capacity from specialist insurer CNA Hardy, the single...
The Hanover & Chaucer Launch Dublin-Based International Specialty Insurer
Jun 22 2017 // The Hanover Insurance Group, Inc. and its subsidiary, Chaucer, announced that they will form a Dublin-based company, Chaucer Insurance Co. DAC (Chaucer Dublin), to write international specialty insurance business. The...
Arthur J. Gallagher Launches Crime & Management Liability Cover for UK SMEs
Jun 21 2017 // Arthur J. Gallagher’s specialist Management Liability Practice has responded to the heightened risk of commercial crime facing SME businesses by creating tailor-made management liability and crime insurance products....
Arrowhead in California Launches Hard-to-Place Workers’ Comp Subsidiary
Jun 20 2017 // Arrowhead General Insurance Agency Inc. in San Diego, Calif. has launched a workers’ compensation wholesale brokerage arm that provides market access and specializes in harder-to-place risks and multi-state...
Hamilton Announces New Responsibilities for 2 Execs in Bermuda Business
Jun 20 2017 // Hamilton Insurance Group, the Bermuda-based holding company for insurance and reinsurance operations in Bermuda, the U.S. and at Lloyd’s, has announced two senior role changes in its Bermuda operations. Keith...
Markel UK Launches Media, Creative Industry Coverage
Jun 19 2017 // Markel UK has launched a package policy for media and creative industries that provides a wide range of covers to a broad selection of businesses, as well as access to a free debt recovery helpline, provided by solicitors...
Travelers Launches Online System in UK, Providing Quick Mgmt Liability Quotes
Jun 19 2017 // Travelers Insurance Co. Ltd. in the UK has launched a new online system that enables UK brokers to receive management liability quotes and bind coverage for their clients in a matter of minutes. Accessed through the My...
British Insurer Aviva to Launch Small Business Cyber Product
Jun 16 2017 // British insurer Aviva plans to launch a new product to cover small and medium-sized businesses against cyber attacks later this year as part of an expansion of its specialist insurance division, its chief executive for UK...
XL Catlin Launches New Contractors Pollution Liability Express Program
Jun 15 2017 // XL Catlin has launched its new Contractors Pollution Liability Express Program in the US and Canada for small to mid-size construction firms. According to Cathy Cleary, XL Catlin’s executive environmental...
MiniCo Launches Miscellaneous Professional Liability Program
Jun 6 2017 // MiniCo Insurance Agency has launched a miscellaneous professional liability insurance program to provide errors and omissions (E&O) coverage for a range of professional service providers. Rick Paladino will manage the...
Allied World Europe Launches UK Commercial Division
May 30 2017 // Allied World Assurance Co. Holdings AG has announced the launch of its UK Commercial Division. “Our clients tell us they need simple, affordable and flexible insurance solutions and our UK Commercial Division...
MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus
May 23 2017 // Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will...
AXA Launches Unit Focusing on Innovation, New Business Models with Phillips as CEO
May 17 2017 // AXA has appointed Joyce Phillips as chief executive officer of a new business unit dedicated to customer innovation and new business models. Phillips becomes a member of the management committee of AXA Group and reports...
The Hartford Launches Risk Management Platform For Large, Midsize Businesses
May 17 2017 // The Hartford has released a new risk management information system (RMIS) to address the evolving data needs of its largest commercial customers who are most at risk for loss. The new system – TREO | Track Risk. Explore...
Everest Launches Cyber Protection for Private Equity Firms, Portfolio Companies
May 10 2017 // Everest Insurance has collaborated with cybersecurity firm, Soteria, LLC, and its group of former U.S. government cyber security experts, in conjunction with the launch of its new Elevation Private Equity Insurance...
Startup Lemonade Enters California Homeowners, Renters Insurance Markets
May 10 2017 // Insurance startup Lemonade is now selling homeowners and renters insurance in California. California marks the third state of entry for the insurtech that is built on artificial intelligence and behavioral economics. It...
New Commercial Insurer, Motorists Insurance, to Launch in Tennessee
May 3 2017 // Motorists Insurance Group, based in Columbus, Ohio, has launched a new commercial lines company – Motorists Insurance – in Michigan and Tennessee. The company features state-of-the-art technology to make the process...
Ohio’s Motorists Insurance Launches Commercial Insurance Company
May 2 2017 // Motorists Insurance Group, based in Columbus, Ohio, has launched a new commercial lines company – Motorists Insurance – in Michigan and Tennessee. The company features state-of-the-art technology to make the process...
Study Finds Insurtech Funding Dips as Startups Launch; Predicts Small Business Disruption Ahead
May 2 2017 // Total insurtech funding in the first quarter of 2017 was down, but the drop-off could be a result of the significant investments in 2016 now reaching the product launch phase, according to a report by Willis Towers Watson...
