Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
All Risks Launches National Program for Ice Rink Industry
Jan 17 2013 // All Risks, Ltd.’s National Specialty Programs unit has introduced an ice rink insurance program, called RinkPro. This nationwide insurance program is supported by a program manager and a carrier rated “A...
CFC Launches Liability Cover for Online Retailers
Jan 16 2013 // Specialist lines underwriting agency CFC has launched a new fully combined modular policy designed exclusively for online retailers. The new product, WEB, covers the cyber exposures of online retailers, as well as the more...
Allied World Bermuda Launches Excess Casualty Coverage Package
Jan 16 2013 // Allied World Bermuda has launched Constellation, a suite of five excess casualty coverage enhancements combined into one package that complements its current portfolio of excess casualty products. These enhancements will...
Philadelphia Launches Coverage for Fuel Dealers
Jan 14 2013 // Philadelphia Insurance Cos. (PHLY), a property/casualty and professional liability insurance company for niche markets, is now offering insurance coverage specifically designed to protect fuel dealers. Several types of...
Peak Re Launched in Hong Kong for ‘Underserved’ Asia Pacific Markets
Jan 10 2013 // Peak Reinsurance Company Limited formally announced that it has opened for business. The new reinsurer, established to capture the growing demand for modernized reinsurance solutions in Asia Pacific, said it has...
Atlantic Specialty Lines Announces New Office in South Florida
Jan 9 2013 // Miramar, FL, 01/08/13 – Atlantic Specialty Lines announces the opening of their newest office located in South Florida. The office in Miramar will be led by Nancy Riveron and Marianne Correa. ASL is looking to better...
Lloyd’s Syndicate ProSight Launches Innovative Independent Film Coverage
Jan 4 2013 // Lloyd’s Syndicate ProSight 1110 is offering independent film makers’ insurance to cover mishaps during filming, as well as failure to complete a film on time and on budget. It is the “first insurer to...
Philadelphia Launches Coverage for Restoration Contractors
Jan 3 2013 // Philadelphia Insurance Cos. (PHLY) a property/casualty and professional liability insurance company for niche markets, has launched insurance coverage specifically designed to protect restoration contractors. These...
NIP Launches Business Insurance Program for Restaurant Industry
Dec 19 2012 // NIP Programs — a division of Woodbridge, N.J.-based NIP Group Inc. that designs and manages specialty business insurance programs — introduced a business insurance program targeting owners and operators of...
Louisiana Medical Professional Liability Insurer Announces 10% Dividend
Dec 13 2012 // Louisiana Medical Mutual Insurance Co. (LAMMICO), based in Metairie, announced a sixth consecutive dividend for all LAMMICO policyholders in Louisiana and Arkansas. The announcement affects just over 6,000 policyholders,...
Main Street America Launches Commercial Lines in Mississippi
Dec 12 2012 // The Main Street America Group has announced it will start offering commercial line products in Mississippi through 50 independent agents that represent the insurer’s affiliate, Grain Dealers Mutual Insurance Co. The...
Chubb Launches Cyber Endorsement Addressing Bank Account Takeover Frauds
Dec 11 2012 // The Chubb Group of Insurance Companies has launched a new endorsement to help protect community banks from a more than three-fold increase in fraudulent online commercial transactions. The new endorsement to the ForeFront...
Assessments Announced for California Workers’ Comp Funds
Dec 6 2012 // California regulators have issued assessment rates that employers will pay in 2013 for the Workers’ Compensation Administration Revolving Fund. The fund covers the Division of Workers’ Compensation budget, the...
GMI in Pennsylvania Launches Norman Specialty Insurance Group
Nov 29 2012 // GMI Insurance — a Valley Forge, Penn.-based managing general agent for transportation insurance nationwide — announced the launch of Norman Specialty Insurance Group, a wholesale brokerage unit for specialty...
Aon Launches Replacement Flood Coverage Call Option
Nov 29 2012 // Aon Risk Solutions, the global risk management business of Aon plc has created Flood Secure Flex, a new call option for Flood Secure, to allow U.S. organizations to lock in pricing and terms for replacement flood...
IPISC Launches IP Litigation Coverage for Cyber/Media-Based Tech Companies
Nov 28 2012 // Louisville, Ky. headquartered Intellectual Property Insurance Services Corporation (IPISC) has launched IP Defense Indemnification Insurance for cyber/media-based technology companies. The cyber/media-based industry...
RLI Launches Security Guard, Alarm Systems Liability Product
Nov 15 2012 // RLI Corp. has launched a new security guard and alarm systems liability insurance product. RLI has hired Mitchell Bombet, director, underwriting, to manage this new product line. RLI will provide primary and excess...
MarketScout Launches Council for Insuring Private Clients
Nov 7 2012 // Dallas-based MarketScout, in cooperation with insurers ACE, AIG and Fireman’s Fund, announced it has founded the Council for Insuring Private Clients. CIPC will focus on implementing best practices and risk...
Foreign Insurers Enter Myanmar Market with Hope, Caution
Nov 7 2012 // The world’s top insurance firms are setting their sights on Myanmar, steeling themselves for a fight with corruption and ghosts from the nation’s political past. Prudential Plc, AIA Group Ltd and Manulife...
Aon Benfield Launches Swiss Flood Model w/ Latest Hazard Data
Nov 6 2012 // Aon Benfield, Aon’s global reinsurance intermediary and capital advisor, has launched a new flood model for Switzerland and Lichtenstein to quantify financial losses caused by riverine and lake...
