Relm Launches 50-State MGA to Be Led by Lavigne
Article 0 Comments Specialty carrier Relm Insurance said it has launched a managing general agent licensed in all 50 states. Relm also said Keith Lavigne has joined as head of underwriting – US. He...
Tagged: Markets/Coverages
Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo
Article 0 Comments Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World and Sompo. The move to a syndicated capacity arrangement provides the...
Markets/Coverages: FloodFlash Offers Parametric Flood Product Across US
Article 0 Comments FloodFlash announced its expansion to cover all mainland US locations. The sensor-enabled parametric flood insurer provides flood coverage in excess of the National Flood Insurance Program (NFIP) where the private markets...
Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition
Article 0 Comments Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged in storing carbon dioxide for decarbonization projects across the globe. The...
Markets/Coverages: Marsh Launches Insurance for EU Crypto-Asset Service Providers
Article 0 Comments Insurance broker Marsh announced the launch of MiCAssure, a proprietary insurance solution for crypto-asset service providers such as custodians, exchanges, and administrators operating within the European Union (EU), which are required...
Munich Re Specialty Launches FAIR Plan Commercial Wrap Product in California
Article 0 Comments Munich Re Specialty Insurance is launching a FAIR Plan Commercial Wrap, available to commercial insureds in California who seek comprehensive coverage in tandem with their FAIR Plan coverage. MRSI’s FAIR Plan...
Lockton Partners With Food Science Specialist to Mitigate Risk in Food & Drink Sector
Article 0 Comments Insurance broker Lockton announced a collaboration initiative with the food science company Campden BRI, a leading food science company, to support the food and drink industry and provide key risk mitigation...
Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility
Article 0 Comments Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale carbon capture and storage (CCS) facilities. The insurance facility, designed by...
Reinsurers Cautious About US Regional Property Cat as Storm Losses Rise: Gallagher Re
Article 0 Comments After a costly 2023 severe convective storm season in the US, reinsurers underwriting in the regional property catastrophe market are skeptical about providing frequency cover, but their overall appetite remains healthy,...
Markets/Coverages: Florida Citizens Taps Verisk Aerial Imagery for Underwriting
Article 0 Comments Verisk, a global data analytics and technology provider, announced that Citizens Property Insurance Corp., the residual, not-for-profit insurer in Florida, will adopt Verisk’s aerial imagery analytics solution. The move is designed...