Latest New Markets Headlines

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

Arrowhead Launches Commercial Earthquake Program in California

Mar 7 2019 // Arrowhead General Insurance Agency has launched Quake Assist — a commercial earthquake program designed to help protect California business owners.Quake Assist is underwritten by Falls Lake National Insurance Co.,...

Beazley, Marsh Launch Cyber Coverage Product for Manufacturers

Feb 26 2019 // Beazley and Marsh have partnered to provide tailored cyber insurance cover and breach response for U.S. manufacturers.The new Manufacturer’s First Response, a Marsh and Beazley Breach Response (BBR) initiative,...

State Farm Announces 4.9% Auto Insurance Rate Decrease in Virginia

Feb 15 2019 // State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for...

QBE North America Launches Business Unit for Financial Institutions

Feb 8 2019 // QBE North America has launched QBE Integrated Advantage for Financial Institutions—a new dedicated business unit specializing in the segmentThe new unit offers customers access to a single team organized under a one...

UK’s Integro Offers Piracy Protection Cover for Entertainment Industry

Feb 8 2019 // Integro Insurance Brokers, the UK insurance broker and risk management firm, announced it is offering Piracy Protection Insurance for the entertainment industry.The firm’s Piracy Protection Insurance is designed to...

NAS Insurance Re-Enters EPLI Market with New Management Liability Policy

Feb 5 2019 // NAS Insurance has re-entered the employment practices liability insurance market with a new three-in-one management liability product for small to mid-size businesses.The new NAS’ Management Liability policy will...

Chubb Launches Media Industry Practice for UK and Ireland

Feb 5 2019 // Chubb announced the launch of a Media Industry Practice for the UK and Ireland. This latest addition to Chubb’s existing suite of industry practices is aimed at middle market and multinational businesses, bringing...

Sportify® ‘Scholarship Insurance’ Launched: How Far has the Scholar Athlete Market Evolved?

Feb 5 2019 // Houston, TX, February 5th, 2019 – Risko Strategies, LLC, a boutique risk advisory/insurance agency, is proud to introduce to the insurance market, “SPORTIFY®”: a unique contingency insurance policy for elite...

Parent-Centric Auto Insurer, Apparent, Launches in Texas

Feb 4 2019 // Apparent Insurance, a new auto insurance company designed for parents by parents, has begun offering coverage in Texas.The company has been established to provide specialized coverage and services for parents at every...

SIS Wholesale Insurance Services Launches Online Commercial Excess Program

Feb 1 2019 // Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched an online Commercial Excess Liability program.This program offers follow...

Everest Launches Not-For-Profit Management Liability Policy

Jan 31 2019 // Everest Insurance has launched Everest Expedition Not-For-Profit Management Liability policy. The new policy form provides protection for not-for-profit organizations across all industries including charitable foundations,...

China’s Ping An P&C Unveils Credit-Based Smart Auto Insurance Claim Solution

Jan 30 2019 // Ping An Property and Casualty Insurance Co. of China has launched a credit-based smart auto claim solution in China, to make it easier for car owners to make claims and encourage good driving habits.The credit-based system...

BTIS announces General Liability for Marine Risks

Jan 30 2019 // Rocklin, CA, January 30, 2019 – Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the availability of general liability for Marine Artisans and Small Marine Contractors.“We...

Normandy Insurance Enters Oklahoma Workers’ Comp Market

Jan 30 2019 // Florida-based workers’ compensation carrier, Normandy Insurance Company, has expanded into Oklahoma and is now offering workers’ comp coverage to small, mid-size and large businesses in the...

Prime Property & Casualty Insurance Enters Kentucky Commercial Auto Market

Jan 29 2019 // Prime Property & Casualty Insurance Inc. (PPCI) has entered the Kentucky commercial auto market as an admitted carrier specializing in insurance products for distressed and substandard risks. PPCI offers the capacity...

PIMCO and Allianz Partner to Launch Insurance Linked Securities Business

Jan 28 2019 // PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice president, to lead the launch of the firm’s property and casualty insurance linked...

Workers’ Compensation Insurtech Pie Insurance Enters 5 Additional States

Jan 25 2019 // Online seller Pie Insurance has started offering its workers compensation insurance in five more states, bringing the total to 14.The Washington, D.C.-based managing general agent disclosed it has begun marketing its...

Allianz to Enter Vietnam Insurance Market via Joint Venture with IT Firm FPT Group

Jan 24 2019 // Allianz announces its intention to enter the general insurance sector in Vietnam through a digital joint venture (JV) to be set up with the FPT Group – driving long-term success in the market and expanding...

N.Y. Workers’ Comp Board Launches Virtual Hearings Initiative

Jan 18 2019 // The New York State Workers’ Compensation Board has launched a new tool that makes it easier for injured workers, attorneys and other participants to attend workers’ compensation hearings remotely.The...

Method Insurance Launches Workers’ Comp Program for High-Hazard Risks

Jan 18 2019 // Method Insurance Services has launched a specialty workers’ compensation program with Service American Indemnity Co. that focuses on an under-served market segment for challenging, high-hazard risks.The program will...