All the headlines from our New Markets Topic Page, ordered by recency.
Oct 29 2024 // The Hartford, headquartered in Hartford, Connecticut, has expanded Michael Garrison’s role to include the international division in addition to his current responsibilities as head of the company’s U.S....
Oct 24 2024 // This edition of International People Moves details appointments at Liberty Specialty Markets and Howden Re.A summary of these new hires follows here. Liberty Specialty Markets Promotes Mahida to Head of 3rd Party Claims UK...
Oct 24 2024 // Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has launched disaster resilience vehicle with the United Nations Capital Development Fund (UNCDF) to deliver disaster risk financing to...
Oct 22 2024 // California’s 2025 minimum and maximum temporary total disability rates will increase on Jan. 1, 2025, the Division of Workers’ Compensation announced.The minimum TTD rate will increase from $242.86 to $252.03,...
Oct 18 2024 // Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, has become the first cyber insurance provider in the UK to launch a service dedicated to recovering funds stolen by cyber...
Oct 17 2024 // Tokio Marine HCC (TMHCC), based in Houston, Texas, has announced the expansion of its specialty product offering with its entry into the Excess Casualty market. David Perez has been appointed as President, Excess Casualty,...
Oct 16 2024 // This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International.A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S....
Oct 15 2024 // QBE International Markets will launch a new U.S. inland marine offering by 2025 across all 50 states as it expands its specialty product suite.The team and product will be added to QBE International Market’s growing...
Oct 10 2024 // The Lloyd’s insurance market’s only product writing cover for the rescue of miners trapped underground has more than doubled its available cover from $10 million to $25 million with a launch of a new consortium...
Oct 10 2024 // Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin underwriting in 2025.It has set up a Spanish branch of Munich Re Risk Solutions Ireland Ltd.,...
Oct 10 2024 // Amwins and Floodbase have launched a municipal flood insurance program designed to insure California municipalities against previously uncovered losses due to atmospheric river flooding.The flood program closes the...
Oct 9 2024 // Intersys, the UK-based provider of cyber risk management solutions, announced its expansion in the UK insurance market with the opening of an office in Leadenhall Market in London.Intersys’ London office will serve...
Oct 8 2024 // Specialty insurer Beazley announced the launch of a cyber consortium that provides comprehensive cover for large corporates with a turnover in excess of $1 billion, infusing $100 million of new capacity into the cyber...
Oct 7 2024 // In recent years, workers’ compensation insurers have struggled to accurately gauge the precise trends in medical costs, and have had to rely on indexes that weren’t quite on-point: The U.S. Consumer Price Index...
Oct 3 2024 // Pine Walk Capital Ltd., the specialist MGA incubator platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of Silverflame Re, a new specialty reinsurance MGA.Silverflame Re will...
Oct 1 2024 // Verve Risk Services, the London-based managing general agent, announced the launch of a captive insurance product and its “Verve Aura” broker portal, designed to meet evolving customer needs.Formed in 2016 and...
Sep 26 2024 // Acrisure, the Grand Rapids, Michigan-based insurance broker and fintech specialist, has launched an office in Bermuda to focus on wholesale insurance broking for its global clients.Trading as Acrisure Bermuda Ltd., the new...
Sep 25 2024 // Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom.Sompo’s Marine...
Sep 24 2024 // SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries,...
Sep 23 2024 // Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance...