Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Lloyd’s Market Association Announces 2015 Board Election Results
May 14 2015 // The Lloyd’s Market Association (LMA) has announced six newly elected board members. They are: Andrew Brooks, CEO, Ascot Underwriting Stephen Eccles, active underwriter, Travelers Syndicate Management Richard Harries,...
Beazley Launches Enhanced Management, Cyber Liability Policy for Law Firms
May 14 2015 // Beazley has launched “Beazley Practice Protect,” an enhanced management liability policy for law firms, designed to confront a rapidly evolving market for counsel and legal services. Beazley Practice Protect...
CNA Launches Admitted Product Liability Policy for Life Sciences
May 13 2015 // CNA has launched a new admitted product liability policy offering for the life sciences market. This product launch makes CNA one of only a handful of carriers to offer life sciences companies an admitted and non-admitted...
XL Launches Stand-Alone Automotive Parts Recall Policy
May 12 2015 // XL Group has launched a stand-alone automotive parts recall policy, a tailored product designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the increased exposures and...
WKFC Launches Property Program for $500 Million TIV Risks
May 11 2015 // WKFC Underwriting Managers, a part of RSG Underwriting Managers, has launched a new property program for risks up to $500 million in total insured value (TIV).The program is written on A-XI rated paper and is available in...
HSB Launches Enhanced Farm Equipment, Machinery Breakdown Coverage
May 8 2015 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched a new farm equipment and machinery breakdown coverage with expanded insurance for mobile implements and the precision...
Compass Specialty Risk Launched in Wisconsin
May 7 2015 // Compass Specialty Risk LLC, a new wholesale insurance broker and managing general agent has commenced national operations. The firm is headquartered in Middleton, Wis., with another office in Sacramento, Calif. Compass...
Utah Workers’ Comp Fund Announces 6% Dividend
May 6 2015 // Utah’s Workers Compensation Fund has declared a $12 million dividend that will be distributed to a majority of policyholders this month. Policyholders can expect to receive a dividend equal to 6 percent of their 2014...
V3 Insurance Partners Launches Program for Auto Rental Industry
May 6 2015 // V3 Insurance Partners LLC has introduced Rental V₃antage, a new multi-line insurance program for the daily auto rental industry, including nationally franchised rental agencies and independent auto rental...
IronHealth Launches Emerging Infectious Disease Business Interruption Coverage
May 6 2015 // IronHealth, the specialty healthcare unit of Ironshore Inc., has introduced an endorsement on excess policies for its emerging infectious disease business interruption coverage. The drop-down coverage option will reimburse...
XL Catlin Unified Brand Launched With Global Marketing Campaign
May 5 2015 // Following the completion of XL Group plc’s acquisition of Bermuda-based Catlin Group Limited on May 1, XL and Catlin have officially joined operations and launched a new brand, XL Catlin. A new global marketing...
Hiscox London Market Launches Stand-Alone Threat Product
May 4 2015 // Specialist global insurer Hiscox has launched a stand-alone Threat product designed to protect businesses against the loss of revenue suffered as a result of a threat or hoax. The Hiscox Threat policy provides non-physical...
CPro Associates Enters Texas Work Comp Nonsubscriber Market
Apr 29 2015 // Dallas-based insurance wholesaler CPro Associates Inc. now offers nonsubscriber plans to agents with clients that have elected to opt out of Texas workers’ compensation. CPro Associates reached an agreement with...
Marsh Launches Cyber Risk Assessment Services
Apr 29 2015 // Marsh has launched Marsh Cyber Monitor and Marsh Cyber View, new cyber risk assessment services to help the risk management community effectively understand, measure, and manage their cyber risk. These offerings are part...
Guy Carpenter Launches Public Sector Specialty Practice
Apr 20 2015 // Guy Carpenter has announced the launch of its Public Sector Specialty Practice, utilizing a global team focused exclusively on the unique risk management needs of governmental agencies and entities. “Approximately 73...
Guy Carpenter Launches G-CAT® Canada Flood Model
Apr 16 2015 // Guy Carpenter launched its G-CAT® Canada Flood Model, which it describes as the first ever probabilistic flood model for Canada that enables insurers to assess their exposure to flood, Canada’s most frequently...
K&K Insurance Launches Off-Track Coverage for Motorsports
Apr 16 2015 // K&K Insurance Group, Inc., a subsidiary of Aon plc has launched a new program offering off-track physical damage coverage for competition vehicles via the web. The program, accessible through K&K’s newest...
XL Launches Stand-Alone Auto Parts Recall Policy
Apr 15 2015 // XL Group announced the launch of a stand-alone automotive parts recall policy, a tailored insurance solution designed for suppliers in the automotive industry. The policy delivers a choice of coverage to respond to the...
Schinnerer Unveils New Architects & Engineers Professional Liability Form
Apr 14 2015 // Victor O. Schinnerer & Company, an underwriting manager, has launched a new professional liability policy form for design professionals. The new form includes a variety of policy enhancements for large, mid-size, and...
DUAL Launches Marine Operations in The Netherlands
Apr 14 2015 // DUAL, the underwriting agency arm of Hyperion Insurance Group, has opened its first office in The Netherlands. The Rotterdam office will initially write marine and energy lines with DUAL’s complete suite of products...
