Best Read New Markets Headlines
Headlines from our New Markets Topic Page with the most time spent reading.
#1 Rebates on HO Premiums? It’s a Thing, Orion180 Says in Launching Florida Coverage
Apr 10 2025 // Orion180, a property insurance and surplus lines carrier founded in Melbourne, Florida, in 2016, has now started writing policies in the state where it is headquartered. And it is doing so with what appears to be an...
#2 Motion Specialty Launches Lloyd’s MGU, Founded by Former Hiscox Executives
May 20 2025 // Motion Specialty has been approved as a Lloyd’s of London coverholder, founded by former Hiscox executives Dan Alpay and Alex Kickham. The business writes on behalf of Lloyd’s Syndicate 1301, managed by Inigo...
#3 Ryan Specialty Announces Succession Plan: Pat Ryan to Exec Chair, Turner to Be CEO
Jul 1 2024 // Ryan Specialty Holdings, Inc. said company founder, chairman and chief executive Patrick G. Ryan will move to an executive chairman role and Timothy W. Turner will take over as will become CEO. Turner is currently...
#4 Markets/Coverages: Howden Launches 1st Carbon Credits Warranty & Indemnity Insurance Policy
Jun 24 2024 // Howden, the London-based insurance intermediary group, announced the placement of the first carbon credits warranty and indemnity (W&I) insurance policy. The W&I policy provided insurance cover on the sale of...
#5 Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market
Jun 11 2024 // Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo later this year. Kenya’s biggest listed insurer by market value with operations...
#6 Mangrove, Another New Property Insurer, Enters Florida Market
Jan 27 2025 // Itasca Re chairman Stephen Weinstein has launched a new Florida-domiciled insurance carrier, known as Mangrove Property Insurance, with plans to assume thousands of policies from Citizens Property Insurance Corp. Mangrove,...
#7 Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it...
#8 Coverys Launches London Market Insurer, Approved to Write US E&S Business
Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26. Coverys Ltd. is part of Coverys’ dedicated London platforms...
#9 Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK
Oct 29 2024 // The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for Coalition’s active cyber insurance approach in the UK market. The new...
#10 Markets/Coverages: High-End Home Insurer Openly Enters Virginia
Jul 10 2024 // Home insurer Openly has begun offering its coverage options to independent insurance agents and their policyholders in Virginia. Already active in 23 states, the upmarket home insurer said it is launching in Virginia with...
#11 Markets/Coverages: Ryan Launches Specialty National Programs Group
Mar 5 2025 // Global specialty insurance firm Ryan Specialty is launching a new practice group focusing on specialty, class specific package business on both an admitted and non-admitted basis. The new group will be within its...
#12 Risk Theory Launches New High Value Homeowners Insurance
Dec 3 2024 // Dallas, TX, December 3, 2024 — Jupiter Risk Services, an affiliate of Risk Theory, is proud to launch its High Value Homeowners Insurance, a new insurance product designed specifically for single-family, high-value...
#13 Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
#14 The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market
Apr 8 2025 // Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years. Nichols (Linkedin) Apex Star...
#15 Markets/Coverages: MGA OpenRoad Enters Collector Vehicle Insurance Market
May 21 2024 // Managing general agency Open Road Insurance announced its entry into the marketplace for collector vehicle auto insurance with its first license in Texas, and plans to launch in other U.S. states later this...
#16 Markets/Coverages: E&S MGA Ledgebrook Launches Architects & Engineers Product
Jun 21 2024 // Ledgebrook, the Boston-based excess-and-surplus managing general agent, announced it will be expanding its professional lines offerings by launching an architects and engineers product with its capacity provider, the...
#17 Tokio Marine Kiln Launches Specialty Reinsurance Division
Sep 13 2024 // Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector. The new division will be led by...
#18 Ryan Specialty Announces Unification of Ryan Financial Lines
Jul 26 2024 // Ryan Specialty announced the unification of Ryan Financial Lines and the expansion of its product offerings. Ryan Financial Lines’ formation was announced in December 2023. The first phase was implemented in March...
#19 People Moves: Markel Announces 2 Key Hires for International Casualty Team; Howden Re Taps Gruen From AXIS as Head of Cyber Threat Intelligence
Aug 7 2024 // This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance...
#20 Markets/Coverages: QBE to Launch US Inland Marine With 3 Hires From AIG; Next Now Offers Standalone Pro Liability for Consultants
Oct 15 2024 // QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands its specialty product suite. The team and product will be added to QBE International Market’s growing...
