Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Phillips to Head Allianz Global Entertainment Business in North America
Dec 6 2018 // Allianz Global Corporate & Specialty reported that Wanda Phillips will take on responsibility as the North America regional head of Entertainment, effective January 1, 2019. Phillips will replace Sue McGuirl who has...
SCOR Launches Paris-Based P/C Specialty Insurer to Ensure Post-Brexit Continuity
Nov 22 2018 // SCOR announced the formation of SCOR Europe SE, a Paris-based P/C specialty insurance company, to ensure the continuity of services after Brexit. With effect from Jan. 1, 2019, SCOR Europe SE, a fully owned subsidiary of...
Gallagher Affinity Launches Online Cyber Suite for Small, Midsize Federal Contractors
Nov 21 2018 // Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government....
Ironshore’s O’Brien Joins Ascot U.S. to Launch Environmental Business
Nov 20 2018 // Ascot has named environmental insurance veteran John O’Brien as executive vice president and head of Environmental. O’Brien will be responsible for launching an environmental liabilities and related specialty...
Willis Towers Watson Launches Cyber Solution for Airports
Nov 19 2018 // In response to cyber and digital risk being identified as the top concern facing airports today¹, Willis Towers Watson has introduced CyFly for Airports, an insurance solution specifically tailored to cover cyber...
ProWriters Launches Online Cyber Insurance Portal
Nov 16 2018 // ProWriters has launched Cyber Insurance Portal exclusively for insurance agents and brokers that is designed to streamline the insurance comparison process by allowing brokers to instantly compare rates for their clients...
Resource Alliance of Georgia Merges with Higginbotham, Enters P&C Market
Nov 13 2018 // Resource Alliance, a human resources and employee benefits firm serving Georgia’s multifamily residential industry, has merged its operations with Higginbotham, an insurance and financial services firm serving...
Mile Auto Launches Pay-Per-Mile Insurance in Oregon, Illinois
Nov 8 2018 // Mile Auto Inc. has launched its pay-per-mile insurance product in Oregon and Illinois. In a press announcement, Mile Auto said its pay-per-mile model can save low mileage drivers 30 percent to 40 percent over traditional...
AXA XL, Slice Labs Launch On-Demand Cyber Coverage for Small, Mid-Size Businesses
Nov 5 2018 // Slice Labs Inc., an on-demand insurance cloud provider, and AXA XL, a division of AXA, have launched a new cyber insurance policy specifically designed for small and midsize businesses (SMBs). Powered by Slice’s...
Iowa’s FMH Launches New Cyber Risk Protection for Farmers
Nov 5 2018 // West Des Moines, Iowa-based Farmers Mutual Hail Insurance Company of Iowa (FMH) is now offering FMH Cyber Risk Protection suite, which includes two new cyber risk products to provide protection and services in the event an...
Digital Carrier Next Insurance Launches General Contractor Coverage
Nov 2 2018 // Small business digital insurance carrier Next Insurance has launched a new general contractor insurance policy that includes general and professional liability insurance for general contractors entirely online. Next...
Illinois Launches Autonomous Vehicle Testing Program
Oct 30 2018 // The Illinois Department of Transportation has begun a statewide initiative among multiple government agencies to develop a testing program for connected and autonomous vehicles. Gov. Bruce Rauner signed an executive order...
Hub International Launches Captive for Hospitality Industry
Oct 30 2018 // Hub International Limited (HUB) has launched a hospitality captive, an exclusive member-owned group captive insurance program designed for hospitality clients. Through the use of a captive, hospitality clients can gain...
Iowa Delays Launch of New Workers’ Comp Electronic Filing System
Oct 26 2018 // Iowa’s Division of Workers’ Compensation has delayed its planned roll out of a new electronic filing, case management, hearing scheduling and EDI system for workers’ compensation, WCES. The Division had...
Relax, Uber’s Not Interested in Entering Insurance Business
Oct 15 2018 // While it is weighing providing benefits and insurance to its independent contractor drivers, ridesharing giant Uber is not interested in getting into the insurance business itself. Rather, the global transportation firm is...
Generali Launches Cyber Insurance Function and Cyber Security Subsidiary
Oct 9 2018 // Generali has launched a new Cyber Insurance function and the formation of a cyber security company. The Cyber Insurance function will combine a range of cyber insurance solutions with the support of a technology start-up,...
Israeli Risk Modeling Firm Kovrr Launches Silent Cyber Risk Identification Product
Oct 5 2018 // KOVRR, a provider of predictive modeling for cyber insurance, announced a silent and affirmative cyber risk product. The new product enables insurance and reinsurance carriers to identify uncalculated capital at risk and...
Tower Hill Specialty Enters Illinois Property Insurance Market
Oct 5 2018 // Ohio-based Tower Hill Specialty is now offering property insurance in Illinois. Currently available in seven states, Tower Hill Specialty provides homeowners, dwelling fire, manufactured housing and condominium products....
Digital Broker Kelly Klee Launches Online Coverage Plan for Private Clients
Oct 4 2018 // Kelly Klee, Inc., a digital insurance broker in the high net worth space, has released a customizable online coverage plan for private client insurance. The new Kelly Klee online coverage plan allows consumers to see...
Credit Karma Enters Auto Insurance Market
Oct 3 2018 // Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool generates suggestions by...
