Markets/Coverages News

EverPeak Insurance Launches in Arizona

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 …

Pinnacol’s EverPeak Workers’ Comp Coverage Expands Into South Carolina

EverPeak Insurance, a workers’ compensation insurer that specializes in hard-to-place industries and small businesses, has recently expanded into South Carolina. Vice President and Chief Operating Officer Vlad Stojanovic said the move will help address the difficulties that some employers face …

Markets/Coverages: PURE Heads to Canada to Cover HNW Homes

Privilege Underwriters Reciprocal Exchange (PURE) is for the first time going international with an expansion into Canada. The reciprocal exchange will start serving high net worth clients in Ontario with homeowners insurance through select brokers. Future products include automobile coverage …

Coalition Starts Reinsurance Intermediary Coalition Re Led by Aspen Capacity

Coalition today announced the creation of its reinsurance intermediary, Coalition Re, to provide capacity for cyber reinsurance treaties and expand on its mission to protect more unprotected businesses. Coalition Re provides capacity for non-proportional cyber reinsurance treaties, as well as …

Florida-based FCCI Moving Into Excess and Surplus Market Oct. 1

Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week. Florida, Georgia and Texas insurance agents can submit general liability and commercial excess business to FCCI Specialty Insurance …

Markets/Coverages: SageSure, Markel Collaborate to Expand Capacity in Coastal States

Managing general underwriter SageSure announced it is collaborating with Markel to introduce new capacity to its expanded markets program, broadening underwriting eligibility in coastal states. SageSure Expanded Markets will distribute Markel’s insurance products first in Louisiana, South Carolina, and Texas, …

Markets/Coverages: Ascot Launches Capital Mgmt Platform for 3rd-Party Capital Biz

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 business. Under this newly formed platform, Ascot has also announced that the company …

Markets/Coverages: Rokstone and Accredited Announce Multi-Year Capacity Agreement

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 includes both US and international business. This strategic partnership marks a significant milestone for both …

Markets/Coverages: Baltimore Bridge Collapse Sparks Port Blockage Cover From Marsh

Insurance broker Marsh announced the launch of what it said is a first of its kind $50 million port blockage insurance facility, covering shipping ports and terminals around the world. The insurance facility can be purchased independently or used to …

Markets/Coverages: Marsh Launches $50 Million Port Blockage Insurance Facility

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 following the collapse of the Francis …