Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Ironshore Launches Admitted Coverage for U.S. Companies Operating Overseas
Jan 15 2014 // Ironshore’s U.S. Specialty Casualty unit has launched a new coverage option for U.S.-based companies with overseas operational risk exposure. Ironshore International Connect will provide excess casualty coverage for...
Marsh Launches Habitational Real Estate Property Insurance Facility
Jan 14 2014 // In response to the increasingly constricted habitational insurance market, Marsh has created a new property insurance facility designed specifically for those who own or are investors in multifamily...
Florida Lawmakers Unveil Plan to Encourage Private Market for Flood Insurance
Dec 19 2013 // With the chances of a federal solution to rising flood insurance rates waning by the day, Florida lawmakers are pressing forward with a bill to create a private market solution to the problem. Florida State Senator Jeff...
Ascent Launches Medical Billings E&O Coverage for U.S. Healthcare Professionals
Dec 13 2013 // Ascent Underwriting, the Managing General Agent (MGA) specialising in emerging risks, has launched a medical billings errors & omissions insurance product specifically aimed at U.S. healthcare professionals. CyberPro...
Willis to Launch Cyber ATLAS, a Cyber Security ‘Toolkit’
Dec 6 2013 // Willis Group Holdings announced that in response to a “stark warning from the UK government that cyber crime threat facing UK companies is increasing,” it is launching Cyber ATLAS, which it describes as a...
Aon Benfield’s Impact Forecasting Launches Netherlands Flood Model
Dec 3 2013 // Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has announced the launch of the “first probabilistic catastrophe model to understand the financial impact of flood damage in...
Ironshore Canada Launches PL Coverage for Private Equity Risks
Nov 27 2013 // IronPro, the professional and management liability unit of Ironshore Canada Ltd., has introduced a professional liability policy for Canadian-based private equity and venture capital firms to protect against portfolio...
All Risks Launches Down Hole Tool for South Central Onshore Oil, Gas Industry
Nov 27 2013 // The South Central offices of All Risks, Ltd. have designed a “down hole specialty rental tool” insurance product for Lost In Hole (LIH). This coverage is available to oil & gas drillers and operators as...
Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes
Nov 19 2013 // Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. Ironshore’s team will focus on underwriting a range of both static and transit...
Capital Insurance Group Launches EPL Coverage for Employers, Small Businesses
Nov 14 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released a comprehensive employment practices liability Insurance (EPLI) product for organizations with up to 250...
Small Business Insurance Provider AssureStart to Launch in Texas
Nov 8 2013 // Madison, Wis.-based American Family Insurance is partnering with Seattle-based start-up, AssureStart, to sell small business insurance online to Texas businesses beginning in mid-November. After launching in Texas,...
Horace Mann Announces Property/Casualty Leadership Changes
Nov 7 2013 // Springfield, Ill.-based Horace Mann Educators Corp. has named Stephen P. Cardinal to lead its property/casualty business as executive vice president, effective immediately. Cardinal succeeds Thomas C. Wilkinson, who will...
Eyeing Affluent Market, Nationwide’s Crestbrook Launches in Illinois
Nov 4 2013 // Well-to-do Illinois residents and their insurance agents now have an additional option when it comes to protecting their assets. Crestbrook Insurance has selected Illinois for the launch of what is essentially a start-up...
Eyeing Affluent Market, Crestbrook Ready to Launch
Nov 4 2013 // Well-to-do residents and their insurance agents can soon look forward to another option when it comes to protecting their assets. Crestbrook Insurance has selected what is essentially a start-up insurance company focusing...
ThinkRisk, Aspen Launch New Private, Non-Profit Management Liability Program
Oct 31 2013 // ThinkRisk Underwriting Agency, a division of RSG Underwriting Managers, LLC, and Aspen US Insurance have launched a new national management liability package program. The product is available on an admitted basis in most...
ProWriters Launches Small Business Online Quoting Platform
Oct 29 2013 // ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small...
WKFC Launches Miscellaneous Professional Liability Program
Oct 28 2013 // Ryan Specialty Group’s WKFC has launched a miscellaneous professional liability program with the Chubb Group of Insurance Cos. (Chubb). The miscellaneous professional program is available for more than 100 classes of...
Eyeing Affluent Market, Crestbrook Ready to Launch in Illinois
Oct 24 2013 // Well-to-do Illinois residents and their insurance agents can soon look forward to another option when it comes to protecting their assets. Crestbrook Insurance has selected Illinois for the launch of what is essentially a...
Willis Launches Global 360 to Specialty Clients
Oct 24 2013 // Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it described as “a pioneering suite of capacity facilities for its specialty...
U.S. Unveils Draft of Voluntary Corporate Cybersecurity Standards
Oct 22 2013 // A U.S. bureau on Tuesday unveiled a draft of voluntary standards that companies can adopt to boost cybersecurity – part of an attempt to protect critical industries without setting restrictive and costly...
