Latest New Markets Headlines

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

AmWINS, The Flood Insurance Agency Launch Commercial Property Flood Product

May 6 2019 // AmWINS Group, Inc., in conjunction with its recent acquisition of The Flood Insurance Agency (TFIA), has launched FloodFLEX, a new commercial property flood product designed to eliminate out-of-pocket expenses not covered...

Prime Property & Casualty Insurance Enters New Mexico Commercial Auto Market

May 2 2019 // Prime Property & Casualty Insurance Inc. has entered the New Mexico commercial auto market as an admitted carrier specializing in insurance for distressed and substandard risks.PPCI offers the capacity to insure any...

Arch Insurance (UK) Launches Cyber Product for Small and Medium Sized Businesses

Apr 30 2019 // Arch Insurance (UK) Ltd., the London-based subsidiary of Arch Insurance International, is set to enter the cyber insurance market with a new product focused on the needs of small and medium enterprise (SME) clients and...

Industry Veterans Catlin and Brand Launch Specialty Bermuda Re/Insurer Convex Group

Apr 30 2019 // Insurance industry veterans Stephen Catlin and Paul Brand announced they have launched an international specialty insurer and reinsurer, Convex Group Ltd.Convex launches with $1.8 billion of initial committed capital and...

Coalition Launches Cyber Coverage for Healthcare Companies

Apr 26 2019 // Coalition, a cyber insurance company for small and midsize businesses, has launched comprehensive coverage for healthcare companies.The healthcare-specific policy is designed to fully addresses the risk healthcare...

CIC Services Launches Captive Program for Small, Mid-Sized Businesses

Apr 24 2019 // CIC Services, LLC, has created a new program help small- to mid-sized companies establish captive programs for their business. The program is designed for companies that would otherwise not be large enough to consider...

Everest Launches Lawyers Professional Liability Policy

Apr 23 2019 // Everest Insurance has released a new lawyers professional liability policy – Everest Elevation – designed to provide law firms with liability coverage for financial loss suffered by third parties arising from acts,...

What’s In Store for Insurance Industry As It Enters Post-Digital Era?

Apr 10 2019 // The insurance industry is entering a new “post-digital” era where success is based on an organization’s ability to master artificial intelligence (AI) and other new technologies. The post-digital era...

Berkshire Hathaway GUARD Launches Commercial Package in Pennsylvania

Apr 5 2019 // Berkshire Hathaway GUARD Insurance Companies has launched a new commercial package product in Pennsylvania.The new offering includes: commercial property with limits up to $120 million per location with an enhanced causes...

UK-Based MGA EPUL Launches Coverage Solution for Unorthodox Property Risks in UK

Apr 4 2019 // European Property Underwriting Ltd. (EPUL), a commercial property managing general agent (MGA), has launched “Solutions,” a package of covers specifically designed to address the challenges that brokers face in...

Cabrillo Coastal Launches Flood Endorsement for South Carolina Homeowners

Apr 2 2019 // Cabrillo Coastal General Insurance Agency has launched a flood endorsement for new or existing Safe Harbor Homeowners policies in South Carolina.The coverage, according to Cabrillo, was built from a different rating...

HDI Global Specialty to Launch Australia General Aviation Team, Led by QBE’s Bowes

Mar 28 2019 // HDI Global Specialty SE – Australia, the new specialty lines insurer, has recruited Jamie Bowes as head of Aviation as a first step to developing a general aviation footprint in the Asia Pacific markets.Bowes, a...

Universal Insurance Holdings Enters Illinois’ Homeowners Market

Mar 26 2019 // Universal Property & Casualty Insurance Co. (Universal Property), a subsidiary of Universal Insurance Holdings Inc., has entered the market for homeowners insurance in Illinois. The company is now offering homeowners...

Berkley Launches Private Company Primary Management Liability Policy

Mar 19 2019 // Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address...

BHSI Launches Professional Liability Cover for Asset Managers and Funds in UK, Ireland

Mar 18 2019 // Berkshire Hathaway Specialty Insurance (BHSI) has launched Professional First Asset Management Liability Insurance, which provides broad professional liability, directors & officers liability, and crime coverage...

AGCS Launches Product Recall Cover for UK Auto Parts Manufacturers

Mar 14 2019 // Allianz Global Corporate & Specialty (AGCS), Allianz’ specialist corporate insurer, launched Automotive Component Parts Product Recall cover for the UK market, which enables customers to mitigate the risk of...

Insurtech Corvus Launches Smart Cyber Excess Insurance with $10M Limit

Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...

Marsh Launches Intellectual Property Product With Broad Defense Coverage

Mar 13 2019 // Marsh has launched IP Protect – an insurance product tailored to address organizations’ intellectual property (IP) risks.A proprietary Marsh policy, IP Protect is backed by Ambridge Partners, a managing general...

CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 12 2019 // CRC Group has launched Insurisk, a new brand name for its products. Additionally, CRC Group has formed an exclusive partnership with AMRISC, LLC to build new property products under the Insurisk name.Accirdubg to Dave...

Texas’ CRC Group Launches Insurisk Brand, Partners with AMRISC on Property Products

Mar 8 2019 // Dallas-based CRC Group, a distributor of wholesale and specialty insurance products, has launched a new brand name for its exclusive products — Insurisk.Additionally, CRC Group has entered into an exclusive partnership...