Latest New Markets Headlines

All the headlines from our New Markets Topic Page, ordered by recency.

Great American Launches Admitted Cyber Product for Small, Medium-Sized Businesses

Oct 16 2019 // Great American Insurance Group has launched an admitted cyber risk insurance product, the Risk e-Business Cyber Loss & Liability Insurance Policy featuring two insuring agreements and only 13 exclusions. According to...

Aon’s Reinsurance Solutions Business Launches Global Wholesale Committee

Oct 9 2019 // The Reinsurance Solutions business of Aon plc has established a Global Wholesale Committee based in London.The committee has been formed to further enhance client services and further cultivate the firm’s...

The Hanover Enters Vermont Personal Lines Insurance Market

Sep 25 2019 // The Hanover Insurance Group, Inc. has expanded its business in Vermont to include personal lines insurance and appointed a group of independent agents in the state to serve its growing customer base.According to The...

Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services

Sep 20 2019 // Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions.The Specialty Insurance Division will provide both...

Beazley Launches Title IX Coverage for Educational Institutions

Sep 19 2019 // Specialist insurer Beazley has launched a comprehensive policy designed to cover infringements of Title IX, the federal law prohibiting discrimination based on sex in any public education program.The policy provides...

JBA Risk Management Launches Probabilistic Global Flood Model

Sep 16 2019 // The global leader in flood risk management, JBA Risk Management, launched the first probabilistic global flood model, which allows re/insurers to model river and surface water flood at 30 meters (98.4 feet) resolution...

Willis Towers Watson, Sompo GRS Launch Middle Market Real Estate Platform

Sep 16 2019 // Willis Towers Watson has entered into a strategic partnership with Sompo Global Risk Solutions (GRS) to create an integrated insurance platform to serve the needs of the middle market commercial real estate segment.The...

Tokio Marine Kiln Announces Leadership Changes, Including New CEO Irick

Sep 13 2019 // Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad Irick as CEO of TMK from...

ARAG, Morrison Insurance Solutions Launch Coverage for FosterTalk Legal Guardians

Sep 12 2019 // Leading legal expenses insurance provider ARAG plc has developed a product with specialty insurance broker Morrison Insurance Solutions to offer legal advice and protection to special guardians.The product has been created...

Wright National Flood Insurance, Zurich Launch Private Flood Product in Florida

Sep 12 2019 // Wright National Flood Insurance Services, LLC (WNFIS) and Zurich North America have introduced Zurich Residential Private Flood Insurance program. This stand-alone admitted product launched exclusively in Florida on...

Maryland Auto Insurance’s FineFix Program Launches Statewide

Sep 4 2019 // A new state program in Maryland will help eligible residents reduce their outstanding uninsured auto fines, eliminating a hurdle to registering and insuring their vehicles.FineFix is a partnership between the Uninsured...

Paragon Launches Nationwide Workers’ Comp Program

Sep 4 2019 // Paragon Insurance Holdings LLC, a national multi-line specialty MGA (managing general agency) based in Avon, Conn., has added a new nationwide workers’ compensation insurance program.Available to their eligible...

Insurtech Kin Insurance Raises $47M to Launch Florida Homeowners Carrier

Aug 29 2019 // Kin Insurance, an insurtech startup focused on home insurance in catastrophe-prone regions, said it has raised $47 million in new venture financing to fuel expansion and a revamped business model.August Capital led the new...

Newly-Launched CAC Specialty Combines Insurance Brokerage with Investment Banking

Aug 26 2019 // Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large...

Chubb Launches CoverPlus Liability Insurance for Middle Market Manufacturers

Aug 22 2019 // Chubb has introduced CoverPlus – a new platform offering expanded liability-driven products tailored to the evolving risks faced by middle market manufacturers from new technologies and processes.CoverPlus offers a...

Texas’ Tricolor Launches Auto Insurance Option for Low Income Consumers

Aug 13 2019 // Tricolor, a Dallas-based used vehicle retailer focusing on the sale and financing of vehicles to the Hispanic consumer, is now offering affordable auto insurance option for low-income and credit invisible customers through...

Everest Insurance Launches Everest Elevation REIT Management Liability Policy

Aug 9 2019 // Everest Insurance has released a new Everest Elevation REIT Management Liability Policy (Everest Elevation), which provides management liability coverage for real estate investment trusts (REITs). The Financial Lines group...

Norman-Spencer Agency Launches Closing Coverage for Residential Home Buyers

Aug 6 2019 // Insure My Closing, a new insurance program that provides expense coverage due to closing delays for home buyers, has been launched and is available in 28 states. Offered exclusively through Norman-Spencer Agency and backed...

Digital Workers’ Compensation Provider Pie Insurance Enters 4 Additional States

Jul 17 2019 // Pie Insurance said it has begun providing workers’ compensation insurance to small businesses in Mississippi, New Hampshire, Utah and West Virginia. With these additions, Pie now offers coverage in 29 states and the...

Normandy Insurance Enters Missouri With Workers’ Comp Coverage

Jul 3 2019 // Florida-based workers’ compensation carrier Normandy Insurance Company is now offering workers’ compensation insurance to small, mid-size, and large businesses in Missouri. With the addition of Missouri,...