Latest New Markets Headlines

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

People Moves: BHSI Names AIG’s Bidmead for Transactional Liability; TransRe Announces Group of Promotions; CNA Hardy Appoints Sr. Underwriters for UK Marine

Aug 8 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), Trans Re and CNA Hardy.A summary of these new hires follows here. BHSI Names AIG’s Bidmead as Head of...

Acturis Enters U.S. Market with Acquisition of Broker Buddha

Aug 4 2023 // After successful entries into the German, French and Canadian insurance markets, software-as-a-service firm Acturis Group has entered the U.S. market with the acquisition of Broker Buddha. Broker Buddha, based in New York...

Markets/Coverages: QBE North America, Converge Launch New Cyber Program

Jul 28 2023 // QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be broken down into two separate distribution structures, each with a distinct revenue focus and cyber...

Texas’ Tokio Marine HCC Unveils New Look Website

Jul 27 2023 // Tokio Marine HCC, headquartered in Houston, Texas, announced it has overhauled its website reflecting a fresh new brand look, as it continues its journey to deliver an easier and more rewarding online experience for...

SEC Set to Adopt New Cyber Rule, Unveils Brokerage AI Proposal

Jul 26 2023 // Wall Street’s top regulator on Wednesday was poised to adopt new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was being taken to help the investing public contend...

Insurance Technology: Embroker Partners with Dashlane and Cowbell; Betterview and EagleView Launch Property Intelligence Alliance

Jul 26 2023 // Embroker announced a partnership with password-management provider Dashlane and cyber insurer Cowbell to increase customer security and expand cyber liability coverage.“Through Cowbell and Dashlane, we are not only...

Markets/Coverages: HUB International Launches Platform to Manage Insurance Needs of Franchisors, Fanchisees

Jul 21 2023 // HUB International Ltd. (HUB), the Chicago-based insurance brokerage and financial services firm, announced the launch of HUB Franchise Insurance Solutions, a digital platform to help franchisors and franchisees manage...

Markets/Coverages: Insurtech Loadsure Launches Ocean Cargo, Stock Throughput Cover

Jul 21 2023 // Insurtech Loadsure announced the launch of digital ocean cargo and stock throughput insurance products: “Danube – Dynamic Ocean Cargo Insurance” and “Huron.”Loadsure described the products as...

People Moves: DOXA Adds New Team to Launch Property MGA

Jul 20 2023 // DOXA Insurance Holdings Adds New Team to Launch Property MGADOXA Insurance Holdings, headquartered in Fort Wayne, Ind., welcomed two new team members, Liz Coakley and Caitlin Murphy. Coakley and Murphy, senior-level...

Markets/Coverages: AXA XL Launches Carbon Emissions Product for Marine Clients

Jul 20 2023 // AXA XL in the UK has launched its Excess Emissions Insurance product helping marine clients to manage their environmental footprint and support action on carbon emissions.In partnership with ClimateSeed – a company that...

People Moves: Romeo to Lead Axis US Marine Cargo Launch; Verisk Names Vaughan Chief Privacy Officer; Pelissier Joins Alliant Specialty as SVP

Jul 13 2023 // Axis Capital Holdings Limited said Frank Romeo will lead the company’s entry into the US marine cargo insurance market.Romeo is responsible for building the program and identifying growth opportunities, with a...

People Moves: Aon Names UK Leaders for Reinsurance Solutions; Zurich Announces Key Leadership Roles for APAC Commercial Insurance

Jul 12 2023 // This edition of International People Moves details appointments at Aon and Zurich Insurance.A summary of these new hires follows here. Aon Names UK Leaders for Reinsurance SolutionsInsurance broker Aon plc outlined the new...

People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire

Jul 11 2023 // This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller.A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia...

Markets/Coverages: Coalition Launches Active Cyber Insurance in Quebec

Jul 11 2023 // Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced its cyber insurance and technology errors and omissions (E&O) insurance offerings are now available in Quebec.Brokers...

Markets/Coverages: Zurich Launches Cyber for Middle Market

Jul 11 2023 // Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber Insurance coverage but also...

Fusion Specialty Europe Launches Branch in Madrid, Led by DUAL’s Cibin

Jul 3 2023 // Fusion Specialty Europe announces the launch of its Southern Europe branch in Madrid, and the appointment of Filippo Cibin as partner, effective immediately.Cibin will lead the expansion of Fusion into Southern European,...

Indiana Department of Insurance Launches Site for Reporting Cybersecurity Events

Jun 30 2023 // The Indiana Department of Insurance (IDOI) launched a new online form for insurers and entities to cybersecurity events.The online form can be found on IDOI’s website. “If an insurer and/or other licensed...

Markets/Coverages: WTW Launches Property Rebuild Assessment Service, Powered by Kroll Valuation Platform

Jun 20 2023 // Insurance broker WTW has launched a new Property Rebuild Assessment Service, powered by Kroll’s Property Insurance Valuation Platform, to provide its clients with an accurate rebuild valuations report and advice.WTW...

Markets/Coverages: Amwins Global Risks Launches Automated Follow-Form Facility, Led by Beazley

Jun 16 2023 // Amwins Global Risks, the international arm of global specialty insurance broker Amwins, announced the launch of Amwins Amplify, a new automated follow-form facility, led by Beazley’s Smart Tracker Syndicate...

Allstate Announces May Catastrophe Losses, Auto Rate Hikes

Jun 15 2023 // Allstate Corp. today released estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax.There were a dozen events in May causing $893 million in catastrophe losses, Allstate said, but...