Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Atlas General Launches New Inland Marine Program
Feb 13 2015 // Atlas General Insurance Services, LLC, a national multi-line program manager, has added a new inland marine program to its Commercial Division product offerings. The program will provide builders’ risk coverage for...
N.Y. Announces New, Targeted Cybersecurity Assessments for Insurers
Feb 9 2015 // New York State Department of Financial Services (DFS) today released a report on cybersecurity in the New York insurance industry and announced a series of measures that DFS will take to help strengthen cyber hacking...
QBE North America Launches Transactional Liability Insurance Practice
Feb 6 2015 // QBE North America’s has expanded its specialty lines offerings with the launch of a new Transactional Liability Practice. The Transactional Liability Practice, led by Dennis Kearns, QBE senior vice president &...
Marine Insurer Seacurus Launches South-East Asian Petro-Piracy Coverage
Feb 4 2015 // Specialist marine insurance intermediary, Seacurus, has developed a petro-piracy endorsement which can be added to existing kidnap & ransom (KR) insurance cover. The coverage was developed in response to the evolving...
GEICO Launches Ridesharing Coverage in Virginia
Feb 4 2015 // GEICO has rolled out a new product to meet the insurance coverage needs of ridesharing drivers in Virginia. The product, available now to new and existing customers, covers drivers that Uber (UberX and UberXL), Lyft,...
Allied World Launches Primary General Liability Coverage in Canada
Feb 4 2015 // Allied World Assurance Company Holdings, AG announced that Allied World North America has launched primary general liability coverage for the Canadian market. The bulletin said the “new primary general liability team...
ACE Launches Transactional Risk Coverages, Appoints Markovich to Lead
Feb 3 2015 // ACE Group has introduced three new transactional risk insurance products that offer protection to buyers and sellers participating in mergers and acquisitions (M&A) and other transactional deals throughout North...
Willis Re Launches Cyber Risk Modeling Tool – PRISM-Re™
Feb 3 2015 // Willis Re, the reinsurance division of Willis Group Holdings plc, announced that it has launched “the insurance industry’s first cyber risk modeling tool that will enable insurers to quantify and manage their...
ACE Launches Cyber Risk Unit for Continental Europe
Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe. The announcement follows...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
Cooper Gay Swett & Crawford Launch MGA for Lumber, Building Materials Market
Jan 27 2015 // Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest...
Universal Holdings P/C Subsidiary Enters Indiana Homeowners Market
Jan 23 2015 // Florida-based Universal Insurance Holdings Inc. reported that the Indiana Department of Insurance has approved the homeowners insurance forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Co....
BTIS Announces Expansion of Contractors’ General Liability, Now in 38 States
Jan 21 2015 // Rocklin, CA, January 21, 2015: Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the expansion of their Victory® General Liability program into 38 states. Victory® General Liability...
ABI Launches Campaign for ‘Flood Free’ Homes
Jan 21 2015 // the Association of British Insurers announced that it has launched a campaign for Flood Free Homes, “supported by Friends of the Earth, Know Your Flood Risk, National Flood Forum, and the Property Care...
ACE Launches Middle Market Insurance Solution for Continental Europe
Jan 15 2015 // ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance...
ALTRU Launches Miscellaneous Professional Liability Program in 11 States
Jan 14 2015 // ALTRU, LLC has introduced of a new miscellaneous professional liability insurance facility. The new program is an expansion on the partnership ALTRU began with Chicago Underwriting Group and Old Republic Insurance Co. in...
N.Y. Gov. Announces Nearly $4M Awarded to Combat Auto Theft, Insurance Fraud
Jan 12 2015 // New York Gov. Andrew M. Cuomo announced more than $3.7 million in grant funding to fight against motor vehicle theft and insurance fraud. The grant awards will go to district attorneys’ offices and police departments...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
Berkshire Hathaway Specialty Insurance Enters Environmental Segment
Jan 7 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group. According to Meredith...
AmWINS Launches Small Business Division
Jan 7 2015 // Wholesale broker AmWINS Group Inc. has launched a fifth division, AmWINS Access, which is dedicated to small account binding authority business. In conjunction with the launch of this new division, offices of Gresham &...
