Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Schinnerer Launches PL Coverage for Materials Transparency Consultants
Mar 29 2018 // Underwriting manager Victor O. Schinnerer & Company has launched a dedicated professional liability policy for materials transparency consultants. Born out of the Leadership in Energy and Environmental Design (LEED)...
TMK Launches Cyber & Services Cover to Help Combat Evolving Cyber Threat
Mar 27 2018 // Tokio Marine Kiln (TMK), the London-based specialist and corporate insurance business, launched Cyber Ctrl, a new insurance and services policy to protect clients against the impact of cyber attacks. Addressing an...
Chubb Launches Coverage for Small Life Sciences Businesses
Mar 22 2018 // Chubb has launched new insurance coverage addressing property and casualty exposures for small life sciences companies. According to Jim Williamson, division president, Small Commercial Insurance, Chubb North America,...
UK Broker BMS Launches Innovation Lab to Drive Company, Industry Transformation
Mar 15 2018 // BMS Group Ltd., the London-based re/insurance broking arm of Minova Insurance, announced the launch of BMS Innovation Labs, a platform that aims to drive change and innovation within the company and the wider insurance...
Specialty Program Group Launches Flagship Marine Underwriters
Mar 13 2018 // Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in...
AFL Insurance Brokers Launches Marine Division, Hires Mott from Ed to Lead Unit
Mar 13 2018 // Independent Lloyd’s broker AFL Insurance Brokers Ltd. announced the launch of a commercial marine division, and the appointment of Alex Mott as director of Marine. A senior marine insurance professional with 16 years...
Hiscox Launches Mental Health Professional Liability Policy
Mar 9 2018 // Hiscox has added new coverages to its insurance policy for U.S. businesses in the mental health industry. Hiscox PRO Outpatient Mental Healthcare Professional Liability offers a variety of specialized benefits for mental...
Tennessee Workers’ Comp Bureau Launches Online Filing System
Mar 8 2018 // The Tennessee Bureau of Workers’ Compensation has begun using a new online filing system. A news release says the TNComp system lets attorneys and self-represented litigants file without printing copies or traveling...
Sompo International to Launch Specialty Operation in Spain; Executive Team Named
Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain. Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...
After Poor Results, Greenlight Re ‘Repositioning,’ Entering New Classes of Business
Feb 22 2018 // Hedge fund manager David Einhorn said a shift in favor of value stocks may soon be coming even after his firm posted its worst underperformance in almost two decades. “While we’ve never underperformed like...
Lloyd’s Market Association Launches Claims Development Training Tool
Feb 20 2018 // The Lloyd’s Market Association (LMA) has launched the Claims Development Pathway, an interactive training and development tool that will provide support to claims professionals in the Lloyd’s market, at every...
ArgoGlobal Launches Lloyd’s Market Motor Treaty Consortium, Supported by Barbican
Feb 12 2018 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor treaty business. The consortium, led by ArgoGlobal and supported by Barbican...
BTIS Announces Availability of Workers’ Comp on Appulate Platform
Feb 12 2018 // Rocklin, CA, February 12, 2018- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the ability to submit Workers’ Comp risks through the Appulate platform. “We’re...
Validus Specialty Launches Standalone Cyber Insurance Product
Feb 8 2018 // The Cyber and Technology insurance group of Validus Specialty Underwriting Services, Inc. have expanded its offering with a standalone cyber insurance product focused on privacy and network protection coverage. The product...
London Market Single Claims Agreement Launched to Improve Claims Handling
Feb 1 2018 // The London market has launched a simplified system for claims handling in an effort to improve client service and streamline claims agreement across the London market. The Single Claims Agreement is designed “to...
Risk Theory Launches Auto Service, Repair Garage Program
Jan 31 2018 // Risk Theory, LLC, underwriter for a nationwide dealer open lot program for independent agents, has launched a new garage package program for franchised and non-franchised auto service and repair operators. The Risk Theory...
Ryan Specialty Group Launches Latin America MGA, Capital Bay Underwriting
Jan 29 2018 // Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami. Capital Bay’s central emphasis is financial lines re/insurance products for...
Hartford Steam Boiler Launches HSB Cyber Suite for Mid-Sized Businesses
Jan 26 2018 // Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, has introduced HSB Cyber Suite, a comprehensive cyber insurance coverage designed for small to mid-sized businesses and other...
Google Parent Alphabet Enters Cyber Security Market with Chronicle
Jan 25 2018 // Alphabet Inc. launched a new business unit on Wednesday that will sell cyber security software to Fortune 500 companies, the latest move by the parent of Google to become a big player in corporate computing. The new unit,...
Professional Liability Insurance Brokerage, Gemini Risk, Launched in Michigan
Jan 23 2018 // Experienced lawyers and insurance professionals David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will...
