Markets/Coverages News

Progressive to Offer Online Cyber Marketplace to Small Business Owners

Progressive Insurance will offer small business owners the ability to compare, quote and buy cyber insurance online, alongside other small business coverages, through CyberPolicy, an online cyber insurance marketplace . Progressive Insurance offers a suite of insurance products for small …

AXA XL Adds Cybersecurity Services to Cyber Insurance Program

AXA XL, a division of AXA, has added complimentary proactive cybersecurity services for its primary cyber & technology insurance clients to improve their cybersecurity preparedness. During their first cyber insurance policy year, AXA XL’s cyber clients can choose one of …

Starr Insurance to Offer Ski, Snowboard Rescue & Evacuation Insurance

Starr Insurance Companies has formed an agreement with Safe Descents, Inc. to provide the an insurance program for rescue and evacuation for skiers and snowboarders in the United States. The policy, underwritten by Starr Indemnity & Liability Co. and sold …

Ironshore Enhances Contractors Ability Coverage for Pollution Incidents

Ironshore Environmental has enhanced its Contractors Environmental Legal Liability (CELL) program to include coverage for damages resulting from pollution incidents caused by the contractor’s work. CELL is offered on an occurrence basis and can be underwritten as a practice, project …

Burns & Wilcox to Offer Cybersecurity Services Through BreachAware

Burns & Wilcox has formed an exclusive partnership with London-based BreachAware, a cybersecurity company specializing in data breach research and analysis. This risk management program will serve as an extension of the cyber products and services offered by Burns & …

Aon Launches Intangible Asset Cover for Gig Economy Companies

Aon plc announced the launch of a new non-damage business interruption (NDBI) cover which is designed to protect the income streams of the growing number of companies with high levels of intangible assets, such as those operating in the gig …

Healthier Workplaces Help to Reduce Group Insurance Costs: Canada’s Manulife

When Canadians hit the gym, they’re not the only ones who benefit. Their insurers stand to gain as well. “If we can have a healthier workplace it is going to decrease disability costs, it’s going to decrease general health costs …

Gallagher Affinity Launches Online Cyber Suite for Small, Midsize Federal Contractors

Gallagher Affinity and Secure CyberID, a provider of cybersecurity services, have launched an online, discounted suite of cybersecurity products for small to mid-sized companies under contract with the federal government. The 360 Coverage Pros portal is designed to meet the …

London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1

The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform. Beazley Syndicate 3623 topped the league table of those Lloyd’s syndicates that have embraced …

Keating Expands Property Coverage Options with Monoline, Package Product

Keating, Inc., a specialty property and casualty wholesale intermediary and program manager, has launched a new in-house monoline property package product. The new program features the monoline property coverage as well as package capabilities including general liability and equipment breakdown …