Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
JBA Releases Comprehensive UK Flood Model before Flood Re Launch
Dec 18 2015 // UK-based JBA Risk Management, a global provider of flood modelling services for insurers, reinsurers, and property or asset managers, announced the release of its “high resolution, multi-peril flood model of the UK...
Ford Announces Autonomous Vehicle Testing on California Roads
Dec 17 2015 // Ford announced that it is officially enrolled in the California Autonomous Vehicle Tester Program to test autonomous vehicles on public roads, and fully autonomous Ford Fusion Hybrid sedans are set to take to California...
NFS Edge Launches Flood Coverage Option for Condo Associations
Dec 16 2015 // NFS Edge Insurance Agency, Inc., a unit of Aon National Flood Services, Inc., through its Insurmark division has launched a new private flood insurance alternative to the Residential Condominium Business Association...
Ironshore Launches Professional Liability Coverage for Global Mining Sector
Dec 16 2015 // Ironshore International has launched a professional liability product designed to provide protection for risk exposures within the mining sector worldwide. Ironshore’s dedicated product provides coverage to engineers...
OneBeacon Launches Cyber Liability Product for Information Technology Risks
Dec 15 2015 // OneBeacon Technology Insurance, a member of OneBeacon Insurance Group, has introduced a modular technology professional liability product – Information Technology Solutions-Complete – to address technology...
XL Catlin Launches Financial Institution Bond Insurance Coverage
Dec 14 2015 // XL Catlin’s Global Professional business has launched a suite of new financial institution bond insurance policies in the U.S., offering financial institutions balance sheet protection against employee dishonesty,...
Great American Insurance Launches M&A Liability Division in New York
Dec 11 2015 // Great American Insurance Group, based in Cincinnati, Ohio, has launched a new Mergers & Acquisitions Liability Division. This unit, which is based in New York, will offer primary and excess representations and...
Nationwide Launches New Online Quoting System for Small Business Agents
Dec 11 2015 // Nationwide is launching FastPath, a quicker commercial quoting system for insurance agents serving small-business clients. Features of FastPath include: Faster quoting with an average of 80 percent fewer...
Berkshire Hathaway Specialty Enters Asia Surety Market; Ho Named Head
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore. “Our expansion...
Ironshore International Announces Continental Europe Markets Expansion Strategy
Dec 7 2015 // Bermuda-based Ironshore International has announced an expansion strategy to establish a locally-driven presence in selected Continental European markets. As part of the initiative, “Ironshore Agency Limited is...
Investigation Launched into Workers’ Comp Services Provider BBSI
Dec 7 2015 // A financial investigation was launched in mid-November into Barrett Business Services Inc., a giant professional employer organization that deals with many workers’ compensation carriers. The independent...
Main Street America Launches Commercial Lines Cyber Risk Coverage
Dec 4 2015 // The Main Street America Group has launched a cyber risk protection offering designed for “Main Street” businesses in 19 states across the country. The coverage, available through Main Street America’s...
ACE Announces Future Leadership Team for Global Surety Business Unit
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As...
Philadelphia Insurance Launches Craft Brewery & Distillery Coverage
Nov 25 2015 // Philadelphia Insurance Companies (PHLY) has launched a new product for craft brewery & distilleries that offers a package policy and other product enhancements. There’s been consistent growth in breweries...
JLT Specialty USA Announces Addition of Marine Specialty in NYC
Nov 23 2015 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), a specialty-focused provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, announced the...
Cincinnati Insurance Announces Property/Casualty Leadership Changes
Nov 23 2015 // Cincinnati Financial Corp. announced that Stephen M. Spray, senior vice president, will transition to commercial insurance operations at Cincinnati Insurance effective Jan. 1, 2016, establishing the leadership perpetuation...
MarketScout Launches Professional Liability Practice, Hires McCormick to Lead
Nov 23 2015 // MarketScout, the national electronic insurance exchange and specialty managing general agency (MGA) headquartered in Dallas, has formed a national professional liability practice with the addition of insurance industry...
Atlas General Insurance Services, LLC Commercial Division Announces Further State Growth and Product Expansion
Nov 19 2015 // San Diego, CA, November 19, 2015 – Atlas General Insurance Services, LLC (“Atlas”) has continuously expanded its product portfolio within the United States, offering seven proprietary and exclusive...
RLI Launches Reps & Warranties Liability Policy
Nov 17 2015 // RLI Insurance Co.’s Executive Products Group has created a new Representations and Warranties Liability Insurance policy. RLI’s new Representations and Warranties Liability policy offers protection to buyers...
HSB Engineering Insurance Launches Cyber Insurance Cover for UK SMEs
Nov 13 2015 // HSB Engineering Insurance has launched a new cyber insurance product aimed directly at small to medium-sized businesses in the U.K. In response to the growing demand for insurance solutions to cover cyber risks,...
