Latest New Markets Headlines
All the headlines from our New Markets Topic Page, ordered by recency.
XL Launches Wage & Hour Liability Insurance Coverage
Jun 21 2013 // XL Group’s Bermuda Professional Lines Unit has launched a new insurance product to specifically address the needs of Fortune 500 companies and other large employers potentially exposed to employee compensation and...
Freedom Specialty Launches Lease Protection for Property Owners, Managers
Jun 17 2013 // Freedom Specialty Insurance Co. has launched the Freedom Lease Protection Plan policy, which is designed to indemnify multifamily property owners and managers (POMs) against collection losses from tenant defaults. POMs can...
Ryan Specialty Group’s ThinkRisk Announces New Hires in Northeast
Jun 13 2013 // Ryan Specialty Group’s ThinkRisk Underwriting Agency announced three new hires in its Northeast offices: Jonathan Koppel, Katie Duff and Nicole Simmons. Koppel joins ThinkRisk as a senior underwriter. He is based in...
ACE Launches CPL Coverage for Healthcare Industry Construction Projects
Jun 12 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a new contractors pollution liability (CPL) owner-controlled insurance program (OCIP) for the healthcare industry. This new policy can be used to...
Willis Launches ‘CRIMEstar’ – All Risks Cover for Commercial Crime
Jun 11 2013 // Willis Group Holdings has launched “CRIMEstar,” which it describes as a “new commercial crime all risks wording, in response to the growing threat to businesses from fraud and other criminal activity. The...
ProSight Specialty Launches “Pay as you Build” Builders Reporting Policy
Jun 6 2013 // ProSight Specialty Insurance, a global insurance group in the construction industry, has launched a new product that will provide residential and commercial contractors with additional cash flow through a “payas you...
XL Launches Unit Dedicated to Reinsurance in Emerging Global Markets
Jun 4 2013 // XL Group announced that it is expanding its reinsurance operations with the creation of a “dedicated Reinsurance Global Emerging Markets unit to optimize development in these markets.” XL has named Philippe...
HCC Insurance Holdings Launches Construction Property Risks Division
May 31 2013 // HCC Insurance Holdings, Inc. has expanded into builder’s risk insurance with the launch of its new Construction Property Risks Division. The new division will be based in New York and be led by Francis P. Tricamo,...
Ironshore International Launches Terrorist Coverage for High-Profile Events
May 29 2013 // Ironshore International has launched an insurance product that responds to the heightened risk exposure associated with high-profile events. The new product, “SecurEvent,” is a single broad form policy that...
Ohio Firm Launches Program Aimed at Opioid Abuse in Workers’ Comp
May 24 2013 // Lewis Center, Ohio-based Modern Medical announced the nationwide roll out of a program designed stop the rise of opioid abuse in the workers’ compensation industry. Opioid Defense Manager (ODM) was launched in...
$3.7B in Additional Sandy Relief Aid Announced for N.Y., N.J. Transit Agencies
May 24 2013 // U.S. Transportation Secretary Ray LaHood announced on Thursday an additional $3.7 billion in disaster relief funds to help the four major transit agencies in New York and New Jersey that sustained the greatest damage from...
XL Group Launches New Motor Cargo Truck Coverage
May 21 2013 // XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional...
Christie Unveils Buyout Offer to New Jersey Flood Victims
May 17 2013 // Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program,...
Liberty International Launches Marine Business Owner Policy
May 16 2013 // Liberty International Underwriters (LIU), part of the Global Specialty unit of Liberty Mutual Insurance, has launched a new policy designed to cover marine liability and property related risks for small and mid-size marine...
Travelers Launches OnDemand Risk Control Service for Commercial Clients
May 15 2013 // The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects...
Alabama University Launches Cyber Threat Detection Company
May 15 2013 // In a private-public partnership, the University of Alabama at Birmingham (UAB) has launched Malcovery, an intelligence company specializing in cyber threat detection, to help businesses protect themselves from...
Trinity Underwriting Managers Launches New Inland Marine Program
May 9 2013 // Georgia-based program administrator Trinity Underwriting Managers, Inc. (TUMI) has expanded its commercial auto underwriting capabilities. TUMI recently established a relationship with an “A+” rated carrier in...
ACE Launches New Management Liability Options for Health Care Organizations
May 8 2013 // The ACE Group has launched ACE Express Private Health Care Protection and ACE Express Not-For-Profit Health Care Protection policies specifically designed for the new exposures facing health care organizations. The...
Insurance Industry Charitable Foundation’s Boston Chapter Launches Grants Program
Apr 29 2013 // The Insurance Industry Charitable Foundation (IICF) Boston chapter launched its grants program by hosting its first-ever grant fundraising event April 11 in Boston. The new Boston chapter is part of the IICF Northeast...
Hartford Steam Boiler Launches Cyber Attack Protection for Small Businesses
Apr 29 2013 // The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products...
