All the headlines from our New Markets Topic Page, ordered by recency.
Apr 28 2016 // Swedish car maker Volvo will begin an autonomous driving trial in London in 2017.Called “Drive Me London,” the UK trial will use real families in semi-autonomous cars. Starting with a handful of AD cars next...
Apr 27 2016 // Mercury Insurance is now offering ride-hailing insurance to cover Uber, Lyft and other Transportation Network Company (TNC) drivers in Illinois. This new coverage will provide drivers with insurance that will bridge the...
Apr 26 2016 // American International Group, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to...
Apr 25 2016 // Specialty insurance firm Ryan Specialty Group (RSG) has formed a specialty marine underwriting business and tapped two executives who were formerly with American International Group (AIG) to lead it.The newly-formed...
Apr 19 2016 // Farmers Insurance has introduced new rideshare insurance coverage for drivers in Georgia.According to Mariel Devesa, head of product innovation for Farmers Insurance, the coverage is available to ridesharing drivers as...
Apr 18 2016 // A Florida-based homeowners insurer has beefed up its flood insurance offering with the launch of a new flood-coverage only company called TypTap.The new company, a wholly owned subsidiary of Homeowners Choice Property...
Apr 14 2016 // Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has made several enhancements to its personal excess liability...
Apr 12 2016 // A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance...
Apr 11 2016 // Farmers Insurance announced Monday that it has begun offering its Rideshare Insurance Coverage endorsement in New Jersey.The endorsement is designed to offer ride-hail drivers coverage options as part of Farmers personal...
Apr 8 2016 // XL Catlin’s Americas Marine business has introduced its first new marine product, an enhanced insurance policy to offer more comprehensive cargo insurance coverage on a domestic, foreign or worldwide basis.Andrew...
Apr 6 2016 // Patriot Risk Consultants (PRC), a subsidiary of Patriot National, Inc. has launched PN BidExpert, an online marketplace to connect underwriters and risk managers with loss control engineers.PN BidExpert works by matching...
Apr 4 2016 // Underwriting manager Victor O. Schinnerer & Company has launched a new Dealer Open Lot Insurance program. The program is available to automotive dealership clients and provides coverage for owned auto inventory held...
Apr 4 2016 // The U.K.’s new joint industry and government sponsored reinsurance scheme for flood risk began operating today (April 4).Designed to help provide access to affordable flood insurance cover for households at the...
Apr 4 2016 // Confie, a national provider of personal and commercial lines insurance, announced Monday that it has entered the Massachusetts market with the acquisition of Axiom Insurance Agency based in Springfield. Terms of the...
Apr 4 2016 // Program specialist K2 Insurance Services (K2) has acquired a New Jersey managing general agency specializing in workers’ compensation alternatives and also launched a nationwide workers’ compensation program...
Apr 1 2016 // Maritime Program Group (MPG) has launched a new non-admitted homeowners program offered through its Private Client Services division.According Brian Botwinick, VP of Private Client services, the product is backed by Lloyds...
Mar 31 2016 // Markel International, the London-based specialist insurance subsidiary of Markel Corp., has launched a policy offering comprehensive protection for businesses in the financial technology (fintech) sector, which includes...
Mar 30 2016 // Chubb has launched a new industry practice providing insurance coverage and risk management options to the healthcare marketplace. Chubb’s Healthcare Industry Practice will offer a range of insurance products and...
Mar 23 2016 // Chubb Global Markets, the London-based wholesale insurance division of Chubb, has announced the lineup of its management team. All appointments are effective immediately.As previously announced, Matthew Shaw will serve as...
Mar 23 2016 // In response to a 430-percent growth rate in Chubb’s criminal-related cyber losses over the past five years, Chubb’s Global Cyber Risk Practice has launched a service to assist policyholders with ransomware...