All the headlines from our New Markets Topic Page, ordered by recency.
Dec 13 2011 // Torus has entered the U.S. surety market with the launch of Torus Surety and the acquisition of First Sealord Surety Inc. The deal should be finalized in January 2012.Torus Surety will focus on providing contract surety in...
Dec 13 2011 // Hub International is expanding into the Latin American market as the result of a merger agreement with Brazilian broker Harmonia Corretora de Seguros Ltd. The deal marks the first expansion for Hub outside the U.S. and...
Dec 12 2011 // The Navigators Group Inc. has created an international defense costs policy for individual directors in the wake of developments in Australia and New Zealand. “In light of the recent Australian Institute of Company...
Dec 7 2011 // A subsidiary of Ryan Specialty Group will administer a new transactional liability and tax insurance facility after entering new trading relationships with three carriers.Concord Specialty Risk will have the capacity to...
Dec 5 2011 // ProHost has started offering employment practices liability insurance for restaurants, including wage and hour defense coverage. The product will cover claims from both customers and employees.Wage and hour claims have...
Dec 2 2011 // Broadspire, a third party administrator (TPA) and medical management services provider, announced it has launched its workers’ compensation health care network (HCN) in Texas.The Broadspire workers’...
Dec 1 2011 // Aspen U.S. Insurance has entered the recreational marine insurance market. Its products will be distributed through an exclusive agreement with the Atlanta-based Axiom Insurance Management, Ltd.The focus will be on...
Nov 23 2011 // The Liberty Company Insurance Brokers Inc. is extending its services into the entertainment industry through Liberty Entertainment Insurance Services LLC in Woodland Hills, Calif. Daniel R’bibo will serve as...
Nov 16 2011 // Texas-based managing general agency, Van Wagoner Companies, plans to begin selling “monoline” commercial earthquake insurance as a surplus line in Oklahoma, the Oklahoma Insurance Department announced.Van...
Nov 8 2011 // Torus now has U.S. professional and management liability primary underwriting capabilities. Led by Jeffrey Grange, senior vice president, head of professional lines, the offering includes products across three segments:...
Nov 8 2011 // Catastrophe risk modeling firm AIR Worldwide has released an inland flood model for Germany, which it said “offers a fully probabilistic approach for determining the likelihood of flood losses from all types of...
Nov 3 2011 // Argo Insurance, a member of Argo Group International Holdings Ltd. has introduced Private Playbook, a management liability package policy offering private companies access to various professional lines coverages, including...
Nov 2 2011 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced endorsements for its ACE Umbrella policies, which are designed to address risks faced by the hospitality and real estate industries.Two new...
Oct 28 2011 // Zurich and Marine Agency Corporation are offering a new insurance program for tattoo and micropigmentation artists, body piercers, massage therapists, estheticians, and cosmetologists.The Day Spas, Tattoo Studios and...
Oct 28 2011 // Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and...
Oct 24 2011 // Energi has formed a wholly owned subsidiary, Energi of Canada LTD and is entering the Canadian insurance market. Initially, Energi will offer its Energy Property Insurance Program along with Energi’s Energy Savings...
Oct 18 2011 // The ongoing financial crisis has claimed many victims over the past few years, but while banks and their depositors have been largely protected by taxpayer bailouts, the investment fund community, and the hedge fund...
Oct 18 2011 // Travelers has launched a program to help low-mileage drivers reduce annual vehicle expenses with its mileage-based auto insurance product, IntelliDrive. Travelers IntelliDrive customers may receive an immediate discount of...
Oct 11 2011 // Confie Seguros, a group of insurance agencies targeting Hispanic customers, has acquired the Miami, Florida-based Trustway Insurance Agencies.Founded in 1998, Trustway has 28 locations in the state and additional offices...
Oct 11 2011 // Foremost Insurance Group’s enhanced auto program is now available in Texas. The Foremost program features more competitive rates, new discounts, increased coverage options and improved online processing features. The...