Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Allied World North America Launches E&O Coverage for Professional Services
Nov 5 2014 // Allied World North America has launched Privacy//403 SRVS PRO, the latest product in the company’s suite of errors and omissions (E&O) products Privacy//403 SRVS PRO builds on the Specified Response Vendor...
RLI Launches Healthcare Liability Division
Oct 23 2014 // Specialty insurer RLI Corp. of Peoria, Ill., has launched a new healthcare liability unit, RLI Healthcare, and tapped Scott Ducey, former vice president of the healthcare division at Torus, to lead the new division as vice...
Progressive Announces New Boat Coverages in Florida
Oct 22 2014 // The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts....
Starr Launches Cyber Security & Privacy Risk Response on a Primary Basis
Oct 22 2014 // Starr Companies has launched Security & Privacy Risk Response, a cyber insurance offering that contains coverage for both first- and third-party costs. It is available on a primary basis and supplements Starr’s...
SterlingRisk Insurance Launches Aircraft Business Income Cover
Oct 21 2014 // SterlingRisk Insurance, a privately-owned brokerage based in Woodbury, N.Y., has launched aircraft business income coverage designed for both the aircraft owner and operator to protect their expected charter revenue from...
Erie Insurance Group Enters Kentucky Market
Oct 21 2014 // Erie Insurance Group has begun to offer its products in the Kentucky market. The Erie, Pennsylvania-based insurer said its entry into Kentucky marks its first geographic expansion in more than 10 years. Erie Insurance said...
Atlas General Insurance Services, LLC, Announces New Workers’ Compensation Program With Torus
Oct 20 2014 // San Diego, CA, October 20, 2014– Atlas General Insurance Services, LLC, a national multi-line program manager, today announced it has entered into a partnership with the global specialty insurer, Torus, to offer a new...
Ex-U.S. Security Chief Ridge, Guy Carpenter, Lloyd’s Launch Cyber Policy
Oct 7 2014 // Reinsurance specialist Guy Carpenter & Co. is launching a new cyber privacy and network protection product with Ridge Insurance Solutions Co., a new Lloyd’s managing agency led by Tom Ridge, former U.S. secretary...
Coverage Options, Capacity Increase for Extreme Sports, Entertainment Risks Despite Exposures
Oct 6 2014 // Recent headline-making entertainment incidents – such as the death of actor Paul Walker during filming of the movie “Fast & Furious 7,” the collapse of the stage during country music band...
Atlantic Specialty Lines Announces New Office in Saratoga Springs, NY
Oct 1 2014 // Saratoga Springs, NY, October 1, 2014– Atlantic Specialty Lines (ASL), a wholesale broker and specialty lines MGA offering a variety of property, casualty, professional, and personal lines coverages, continues its...
Berkshire Hathaway Specialty Enters Fidelity & Crime Market; Names AIG’s O’Neill
Sep 23 2014 // Berkshire Hathaway Specialty Insurance (BHSI) said it is entering the fidelity and crime insurance market, and has named Brian O’Neill to lead the effort. O’Neill joins BHSI with 30 years of fidelity and crime...
EMPLOYERS Launches Work-Related Injury Hotline for Florida Small Business Clients
Sep 16 2014 // Small business insurer EMPLOYERS has launched Coventry/NT24, a 24-hour hotline staffed by registered nurses who provide medical guidance over the phone for work-related injuries or illnesses. The service is available to...
Atlas General Insurance Services, LLC, Announces Expansion of Republic Underwriters to Nine Additional States
Sep 16 2014 // San Diego, Calif. (Sept. 16, 2014) – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the expansion of its workers compensation presence throughout the United...
Brit Launches Cyber Product for Critical Infrastructure, Industrial Machinery
Sep 15 2014 // Brit PLC, a global specialty insurer and reinsurer, has developed an insurance service to protect companies operating critical infrastructure and industrial machinery from terrorist and other malicious attacks, such as...
MAPFRE Enters Mass. Life Insurance Market
Sep 8 2014 // MAPFRE U.S.A. has begun selling a term life insurance product in Massachusetts, where MAPFRE’s subsidiary, Commerce Insurance, is the largest auto and home insurance carrier. MAPFRE said it is seeking to leverage its...
Marsh Launches Catastrophic Cyber Policy For Large Companies
Sep 4 2014 // Marsh, a global insurance broker, risk manager and a wholly owned subsidiary of Marsh & McLennan Cos., has launched a new cyber insurance policy that provides catastrophic protection for large companies seeking to...
CGSC Launches Marine Specialists Latitude in Hong Kong
Sep 2 2014 // Latitude Brokers Ltd., previously the Marine Division of Cooper Gay Asia, has been launched as a separate entity. The change follows the receipt of regulatory approval in July 2014 by the Hong Kong Confederation of...
MAPFRE Enters Life Insurance Market in Massachusetts
Aug 27 2014 // MAPFRE U.S.A. said it has begun selling a term life insurance product in Massachusetts, where MAPFRE’s affiliate Commerce Insurance Company is the largest auto and home insurance carrier. MAPFRE said it is seeking to...
Chubb Launches Crime Coverage for Payment Fraud
Aug 25 2014 // The Chubb Group of Insurance Companies has created a crime insurance endorsement to help protect companies from an increasingly prevalent type of fraud. Chubb’s Social Engineering Fraud Endorsement provides coverage...
JHPInsite Launches Business Discovery Tool for Brokers
Aug 25 2014 // Reno, NV, 8/25/14– JHPInsite.com, an insurance quote engine technology company, is pleased to announce the launch of I-Square.org. I-Square.org represents an innovative new tool designed to assist agents and brokers...
