Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
ACE Launches Cyber Risk Unit for Continental Europe
Feb 2 2015 // ACE Group announced the launch of a new, independent cyber risk business unit as it continues to strengthen its local underwriting and risk management capabilities across Continental Europe. The announcement follows...
Berkshire’s Commercial Insurer Hires AIG, Chubb Execs to Enter Canada Market
Jan 28 2015 // Berkshire Hathaway Inc.’s commercial insurance unit is expanding into Canada as it seeks to win over new clients by offering bigger coverage limits than competitors. The unit, Berkshire Hathaway Specialty Insurance,...
Cooper Gay Swett & Crawford Launch MGA for Lumber, Building Materials Market
Jan 27 2015 // Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest...
Universal Holdings P/C Subsidiary Enters Indiana Homeowners Market
Jan 23 2015 // Florida-based Universal Insurance Holdings Inc. reported that the Indiana Department of Insurance has approved the homeowners insurance forms of its wholly-owned subsidiary, Universal Property & Casualty Insurance Co....
BTIS Announces Expansion of Contractors’ General Liability, Now in 38 States
Jan 21 2015 // Rocklin, CA, January 21, 2015: Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the expansion of their Victory® General Liability program into 38 states. Victory® General Liability...
ABI Launches Campaign for ‘Flood Free’ Homes
Jan 21 2015 // the Association of British Insurers announced that it has launched a campaign for Flood Free Homes, “supported by Friends of the Earth, Know Your Flood Risk, National Flood Forum, and the Property Care...
ACE Launches Middle Market Insurance Solution for Continental Europe
Jan 15 2015 // ACE Group has launched ACE Middle Market Solutions, an enhanced proposition for brokers and clients, designed to help continue building its position in the middle market segment in key Continental Europe insurance...
ALTRU Launches Miscellaneous Professional Liability Program in 11 States
Jan 14 2015 // ALTRU, LLC has introduced of a new miscellaneous professional liability insurance facility. The new program is an expansion on the partnership ALTRU began with Chicago Underwriting Group and Old Republic Insurance Co. in...
N.Y. Gov. Announces Nearly $4M Awarded to Combat Auto Theft, Insurance Fraud
Jan 12 2015 // New York Gov. Andrew M. Cuomo announced more than $3.7 million in grant funding to fight against motor vehicle theft and insurance fraud. The grant awards will go to district attorneys’ offices and police departments...
Google Poised to Enter U.S. Auto Insurance Market: Report
Jan 9 2015 // Giant search engine Google, which already offers auto insurance online in the United Kingdom, could soon be selling auto insurance online in the U.S. Google Compare Auto Insurance Services Inc., its online auto insurance...
Berkshire Hathaway Specialty Insurance Enters Environmental Segment
Jan 7 2015 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its U.S. casualty underwriting capabilities to include pollution exposures and has named Chuck Hasselback to head its environmental group. According to Meredith...
AmWINS Launches Small Business Division
Jan 7 2015 // Wholesale broker AmWINS Group Inc. has launched a fifth division, AmWINS Access, which is dedicated to small account binding authority business. In conjunction with the launch of this new division, offices of Gresham &...
Atlas General Insurance Services, LLC, Announces Addition of New Binding Agreement for Its Property DIC Division
Jan 6 2015 // San Diego, CA, January 6, 2015: Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce the addition of a new binding agreement for its Property DIC Division. The agreement,...
BusinesFirst Enters Workers’ Compensation Market in Georgia
Dec 16 2014 // BusinessFirst Insurance Co., a monoline workers’ compensation company, is now offering coverage to employers in Georgia. BusinessFirst and affiliate RetailFirst Insurance Co. comprise the RetailFirst Insurance Group....
New York DFS Announces New Cybersecurity Assessment Process for Banks
Dec 10 2014 // New York’s Financial Services Superintendent Benjamin Lawsky today issued an industry guidance letter to all New York Department of Financial Services (DFS)-regulated banks announcing the department’s new,...
Berkshire Hathaway Specialty Insurance Enters Singapore, Names Key Leaders
Dec 8 2014 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has received its non-life insurance license in Singapore, and named Marc Breuil as regional president, Marcus Portbury as head of third party lines, and Peter...
InsureZone Agency Network Enters Florida, Offering Markets
Dec 5 2014 // Fort Worth, Texas-based InsureZone, a national brokerage and agency network, has launched operations in Florida. The new operation, Florida InsureZone Direct (IZD), is targeting small-to-midsized insurance agencies,...
ACE Commercial Risk Launches Small Business Vacancy Protection
Dec 3 2014 // ACE Commercial Risk Services has launched new Vacant Building and Vacant Land insurance products for select small businesses to address the potential risks harbored within unoccupied properties. The products include an...
Berkshire Hathaway Specialty Unveils New D&O Policy
Nov 19 2014 // Berkshire Hathaway Specialty Insurance (BHSI) has unveiled its Executive First Side A Difference-in-Conditions (DIC) Directors & Officers Liability Policy, which provides protection for individual directors and...
Blue River Underwriters D. Scott Tramel and John Searles Launch USL&H and Maritime Employers Liability Insurance Program
Nov 6 2014 // KENNESAW, GA, November 6, 2014 — Blue River Underwriters, a division of Breckenridge Insurance Group, has introduced a new United States Longshoreman and Harbor Workers Act (USL&H) and Maritime Employers Liability...
