Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz
Aug 23 2024 // Ascot Group Ltd., the Bermuda-based global specialty insurance company, announced the launch of a unified capital management platform, Leadline Capital Partners, to support their expanded third-party capital...
Markets/Coverages: Rokstone and Accredited Announce Multi-Year Capacity Agreement
Aug 21 2024 // Rokstone, the Aventum Group’s international re/insurance MGA, announced a multi-year, multi-strategy capacity agreement with Accredited Insurance Program Management, a leading global program manager. The partnership...
Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility
Aug 20 2024 // Marsh, the insurance broker and Marsh McLennan subsidiary, announced the launch of a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world. Created by Marsh...
Skyward Specialty Launches Aviation Program
Aug 19 2024 // Houston’s Skyward Specialty Insurance Group announced it is launching an aviation program in partnership with Acceleration Aviation Underwriters. The partnership between Skyward Specialty and Acceleration Aviation...
Markets/Coverages: Amwins, Floodbase Unveil Flood Insurance for Golf Courses; Aegis Pro Risk Partners With Sentry on E&O Program
Aug 14 2024 // Amwins announced the launch of its “Tees-to-Green” flood insurance program powered by Floodbase to reimburse U.S. golf courses for lost revenue due to flooding. Golf courses are often built on land prone to...
People Moves: Miller Names Thevenot for Strategic Sports and Entertainment Team; Tokio Marine HCC International Promotes 2 in UK Trade Credit Division
Aug 13 2024 // This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International. A summary of these new hires follows here. Miller Appoints Thevenot for Strategic...
Skyward Specialty Enters the Mortgage (Re)insurance Market
Aug 13 2024 // Skyward Specialty Insurance Group announced its entry into the mortgage (re)insurance market. In support of this new venture, Jean-Philippe “JP” Latour joined the company as senior vice president in May 2024....
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...
Risk & Insurance Education Alliance Unveils NEW CIC Self-Paced Course: Commercial Multiline
Aug 6 2024 // Austin, TX., August 6, 2024 —The Risk & Insurance Education Alliance is proud to announce the launch of its first Certified Insurance Counselor (CIC) self-paced course titled “CIC Commercial...
Orion180 Launches Homeowners Insurance in Ohio
Aug 2 2024 // Orion180 has announced its expansion into the Buckeye State. According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s...
Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses
Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...
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...
People Moves: Marsh Promotes McKay as UK Advisory Leader; BHSI Launches Surety in Spain, Led by Barbero; IQUW Promotes MacDonald to Head of Property
Jul 25 2024 // This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW. A summary of these new hires follows here. Marsh Promotes McKay as UK...
New London-Based Specialty Reinsurer, Stability Re, Launched
Jul 24 2024 // The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re. This follows the formation in September 2023 of Stability Risk, an MGA created to allow Connect Underwriting Ltd. (a specialist...
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...
Howden Enters Japanese Market, Invests in Keystone ILS Capital
Jul 3 2024 // Howden, the London-based insurance intermediary group, announced its entry into the Japanese market, launching Howden Re Japan Ltd. and an ILS partnership with Keystone ILS Capital. Howden also announced the appointment of...
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...
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...
BMS Australia Launches Agriculture Business
Jun 28 2024 // BMS Australia, the London-based specialist insurance and reinsurance broker, announced the launch of its Agriculture business with Ceri Martin appointed to lead the division. The establishment of this new business is part...
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...
