Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs. Formed in 2016 and supported by OneAdvent, the specialist MGA services platform, …
Paratus Holdings Ltd., the Guernsey-based re/insurance group, announced that Paratus Renewables Insurance Ltd. has been granted regulatory approval by the Guernsey Financial Services Authority (GFSC) to provide insurance cover to the renewable power industry. Paratus said its insurance solutions will …
Markel, the insurance operations within the Markel Group Inc., has launched an enhanced insurance proposition tailored to meet the evolving needs of the UK’s growing tech sector. The enhanced product, MarkelTech, is aimed at start-ups, small-and-medium-sized businesses, mid-market and high-growth …
Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom. Sompo’s Marine Cargo UK policy and its Transport & Logistics propositions are both designed …
Insurance broker WTW has launched a new China Client Division within Corporate Risk and Broking, North America (CRB NA), as part of its strategy to expand its presence and broaden offerings focused on the Chinese market. The new China Client …
Alkeme, a large insurance brokerage based in California, announced the acquisition of Surry Insurance, one of the oldest insurance agencies in Nouth Carolina. Alkeme officials said in a statement that the move expands Alkeme’s presence in the Southeast and boosts …
SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors. …
Former Scottsdale Insurance President Mike Miller will now serve as president and CEO of excess & surplus managing general agency Pivix Specialty Insurance Services. Based in Scottsdale, Arizona, Pivix is an E&S platform offering property/casualty coverages for targeted segments. Products …
Mosaic Insurance, the Bermuda-based specialty insurer, has launched customized global terrorism and sabotage coverage for fine art and specie insureds, with syndicated capacity extending up to $215 million per risk. The new product offers coverage for physical loss or damage …
EverPeak Insurance is launching operations in Arizona. EverPeak specializes in workers’ compensation coverage for small businesses and those in hard-to-place industries. EverPeak workers’ comp insurance is written on Attune, which has more than 400 class codes that enable agents to …
