Latest New Markets Headlines

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

People Moves: Miller Names Thevenot for Strategic Sports and Entertainment Team; Tokio Marine HCC International Promotes 2 in UK Trade Credit Division

Aug 13 2024 // This edition of International People Moves details appointments at insurance broker Miller and the insurer Tokio Marine HCC International.A summary of these new hires follows here. Miller Appoints Thevenot for Strategic...

Skyward Specialty Enters the Mortgage (Re)insurance Market

Aug 13 2024 // Skyward Specialty Insurance Group announced its entry into the mortgage (re)insurance market. In support of this new venture, Jean-Philippe “JP” Latour joined the company as senior vice president in May 2024....

People Moves: Markel Announces 2 Key Hires for International Casualty Team; Howden Re Taps Gruen From AXIS as Head of Cyber Threat Intelligence

Aug 7 2024 // This edition of International People Moves details appointments at Markel and Howden Re.A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty TeamMarkel, the insurance operations...

Risk & Insurance Education Alliance Unveils NEW CIC Self-Paced Course: Commercial Multiline

Aug 6 2024 // Austin, TX., August 6, 2024 —The Risk & Insurance Education Alliance is proud to announce the launch of its first Certified Insurance Counselor (CIC) self-paced course titled “CIC Commercial...

Orion180 Launches Homeowners Insurance in Ohio

Aug 2 2024 // Orion180 has announced its expansion into the Buckeye State.According to a press release, the company now offers homeowners insurance services and coverage in Ohio through Orion Select Insurance Co., Orion180’s...

Arch Completes Acquisition of Allianz’s U.S. MidCorp and Entertainment Businesses

Aug 1 2024 // Arch Insurance North America it has closed the acquisition of the U.S. MidCorp and Entertainment insurance businesses from Allianz. Nearly 500 former Allianz MidCorp and Entertainment employees have joined Arch and will...

Ryan Specialty Announces Unification of Ryan Financial Lines

Jul 26 2024 // Ryan Specialty announced the unification of Ryan Financial Lines and the expansion of its product offerings. Ryan Financial Lines’ formation was announced in December 2023. The first phase was implemented in March...

People Moves: Marsh Promotes McKay as UK Advisory Leader; BHSI Launches Surety in Spain, Led by Barbero; IQUW Promotes MacDonald to Head of Property

Jul 25 2024 // This edition of International People Moves details appointments at Marsh, Berkshire Hathaway Specialty Insurance (BHSI) and the re/insurer IQUW.A summary of these new hires follows here. Marsh Promotes McKay as UK Advisory...

New London-Based Specialty Reinsurer, Stability Re, Launched

Jul 24 2024 // The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re.This follows the formation in September 2023 of Stability Risk, an MGA created to allow Connect Underwriting Ltd. (a specialist...

Markets/Coverages: High-End Home Insurer Openly Enters Virginia

Jul 10 2024 // Home insurer Openly has begun offering its coverage options to independent insurance agents and their policyholders in Virginia.Already active in 23 states, the upmarket home insurer said it is launching in Virginia with a...

Howden Enters Japanese Market, Invests in Keystone ILS Capital

Jul 3 2024 // Howden, the London-based insurance intermediary group, announced its entry into the Japanese market, launching Howden Re Japan Ltd. and an ILS partnership with Keystone ILS Capital.Howden also announced the appointment of...

Coverys Launches London Market Insurer, Approved to Write US E&S Business

Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26.Coverys Ltd. is part of Coverys’ dedicated London platforms...

Ryan Specialty Announces Succession Plan: Pat Ryan to Exec Chair, Turner to Be CEO

Jul 1 2024 // Ryan Specialty Holdings, Inc. said company founder, chairman and chief executive Patrick G. Ryan will move to an executive chairman role and Timothy W. Turner will take over as will become CEO.Turner is currently president...

BMS Australia Launches Agriculture Business

Jun 28 2024 // BMS Australia, the London-based specialist insurance and reinsurance broker, announced the launch of its Agriculture business with Ceri Martin appointed to lead the division. The establishment of this new business is part...

Markets/Coverages: Howden Launches 1st Carbon Credits Warranty & Indemnity Insurance Policy

Jun 24 2024 // Howden, the London-based insurance intermediary group, announced the placement of the first carbon credits warranty and indemnity (W&I) insurance policy.The W&I policy provided insurance cover on the sale of carbon...

Warburg Pincus’ K2 Launches London-Based MGA, K2 Rubicon Specialty

Jun 21 2024 // K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty.The new MGA division was...

Markets/Coverages: E&S MGA Ledgebrook Launches Architects & Engineers Product

Jun 21 2024 // Ledgebrook, the Boston-based excess-and-surplus managing general agent, announced it will be expanding its professional lines offerings by launching an architects and engineers product with its capacity provider, the...

Britam of Kenya Plans to Enter $5 Billion Congo Insurance Market

Jun 11 2024 // Britam Holdings Ltd. is hunting for opportunities to enter the massive but under-served insurance market in Democratic Republic of Congo later this year.Kenya’s biggest listed insurer by market value with operations...

Emerald Bay and Arrowhead Launch Commercial Earthquake Facility in California, Pacific Northwest

Jun 7 2024 // Emerald Bay Risk Solutions and Arrowhead General Insurance Agency Inc. have launched a commercial earthquake facility that provides difference in conditions insurance policies for medium to large businesses. Arrowhead EQ...

SambaSafety and The National Alliance Unveil 2024 Driver Risk Report: Key Trends Shaping Automotive Mobility

May 30 2024 // Austin, TX, May 30, 2024 – The National Alliance for Insurance Education and Research has partnered with SambaSafety, a leading provider of cloud-based risk management solutions, to release a new research report,...