Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
BTIS Announces Launch of New Online Commercial Auto Program
Aug 18 2016 // Rocklin, CA, August 18, 2016- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of a new instant online quote Commercial Auto program, available in 30...
Endurance Global Risk Solutions Launches Environmental Liability Products
Aug 17 2016 // Endurance Specialty Holdings Ltd. has launched a new series of environmental liability insurance products, offering both primary and excess coverage for single sites or property portfolios. Endurance’s new products...
U.S. Launches ‘Biggest Ever Improvement’ in Flood Forecasting
Aug 16 2016 // U.S. government weather scientists and their research partners have developed a new forecasting tool to simulate how water moves throughout the nation’s rivers and streams, paving the way for what the federal agency...
Palomar Specialty Launches New Earthquake Product in Missouri
Aug 16 2016 // Palomar Specialty Insurance Co. has launched a new residential earthquake insurance product called Flex Choice for residents of Missouri. Flex Choice allows consumers to customize their residential earthquake coverage to...
Allianz Launches Cyber Coverage to Address Emerging Risks
Aug 10 2016 // Allianz Global Corporate & Specialty (AGCS) has introduced its next generation cyber and professional liability coverage product called ACCEPT Protect designed exclusively for the North American market. The new product...
Ironshore Launches Coverage for Construction Project Owners
Aug 9 2016 // Ironshore Specialty Casualty has introduced Owners Protective Professional Indemnity (OPPI) coverage for specific construction projects. Ironshore’s OPPI product indemnifies the project owner for first party loss...
Professional Liability ‘Business Enterprise Exclusion’ Upheld in Wisconsin
Aug 8 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...
Chubb Enhances Cover for Commercial Entertainment Producers in UK & Ireland
Aug 4 2016 // Chubb said it has enhanced insurance policy wording for companies producing television and other advertising commercials in the UK & Ireland, as the creative industry sector continues to grow and its risks evolve. The...
Atlas General Insurance Services Announces New Online Workers’ Compensation Platform, GoQuote
Aug 3 2016 // San Diego, CA, August 3, 2016 – Atlas General Insurance Services, LLC (‘Atlas’), a national multi-line program administrator, announced the launch of GoQuote, a new online quoting system for managed...
Maritime Program Group Launches Ocean Marine Cargo Facility
Aug 2 2016 // Maritime Program Group (MPG) has expanded their marine programs with the launch of a new Ocean Marine Cargo facility. MPG is now underwriting Ocean Cargo with North American Specialty, A+ admitted security by Swiss Re....
Philadelphia Launches Cyber Security Liability Endorsement
Aug 1 2016 // Philadelphia Insurance Companies’ (PHLY) has launched a new Cyber Security Liability Endorsement that offers both first and third party protection for numerous classes of business. The Cyber Security Liability...
Wisconsin Supreme Court Upholds Professional Liability ‘Business Enterprise Exclusion’
Jul 29 2016 // The Wisconsin Supreme Court has put to a rest a case in which an insured alleged breach of faith when the insurance company that wrote his professional liability errors and omissions insurance policy denied coverage due to...
Allianz Unveils Transactional Liability Unit as M&A Surges
Jul 27 2016 // Allianz Group is launching a new transactional liability unit designed to take advantage of greater M&A deal activity in the U.S. and, ultimately, around the world. The insurer’s Allianz Global Corporate &...
Integro Launches Cyber Risk Practice Focused on ‘Knowledge Assets’
Jul 26 2016 // International broker and risk management firm Integro Insurance Brokers has started a new cyber risk practice focused on exposures beyond the commonly accepted definition of data or ‘knowledge...
Online Agency Insureon Secures $3B in Capacity from Lloyd’s to Launch MGA for Small Business
Jul 25 2016 // Insureon, an online agency for small business insurance, has formed a new managing general agency (MGA), Insureon Underwriting Managers, which will operate as a division of Insurance Noodle, the company’s wholesale...
So. Africa’s Discovery Enters Japan Market with Sumitomo & SoftBank Partnership
Jul 21 2016 // Discovery Ltd., South Africa’s third-largest insurer by market value, said it has set up a partnership with Japan’s Sumitomo Life Insurance Co. and SoftBank Group Corp. to develop and introduce products for the...
BHSI Launches Cyber Liability Cover in Australia; Osgood Leads Product Line
Jul 21 2016 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it has introduced cyber liability insurance in Australia and named Emma Osgood as head of Cyber Liability in the region. BHSI is focusing on the...
Novamar Insurance Launches Yacht Coverage for U.S. Boaters Heading to Cuba
Jul 20 2016 // Novamar, a specialist in the marine and yacht insurance segment, now offers a policy for U.S.-flag yachts navigating Cuban waters. Most vessels $50,000 in value or greater are eligible for coverage. Cuba endorsement...
BHSI Launches Commercial Output Policy for Inland Marine Exposures
Jul 18 2016 // Berkshire Hathaway Specialty Insurance (BHSI) has introduced its Commercial Output Policy (COP) that combines the company’s new admitted property insurance policy with its inland marine coverages. BHSI’s COP...
Tokio Marine Kiln Launches Online Broker Platform
Jul 18 2016 // Tokio Marine Kiln (TMK) has launched “One TMK,” a digital exchange for brokers to quote and bind policies on-line in real time. The web-based platform has been developed to help brokers lower their...
