Hanover Partners with RSA Group to Expand International Specialty Offerings

Article 0 Comments The Hanover Insurance Group, Inc. has a new agreement with the multinational insurer RSA Group to join its global network as a U.S. strategic network partner. This relationship expands The Hanover’s international specialty capabilities for domestic businesses with overseas risks. Through the company’s partnership with London-based RSA […]

Travelers to Provide Auto Insurance for Lexus Complete Lease Program

Article 0 Comments The Travelers Companies, Inc. will be the auto insurance provider for the new Lexus Complete Lease, a two-year, 20,000-mile lease program for the Lexus UX compact crossover vehicle. The full-service leasing option bundles the cost of the vehicle, auto insurance, connected services and maintenance into a one […]

Nationwide’s ‘SmartMiles’ Auto Insurance Targets Low-Mileage Drivers

Article 0 Comments For those who work from home, carpool frequently or use public transit more than they drive, Nationwide is launching SmartMiles, an auto insurance policy for low-mileage drivers. BuildIng on its telematics SmartRide offering, SmartMiles allows Nationwide customers to pay for the miles they drive, providing more control […]

Dubai Ride-Hailing Firm, Careen, Provides Accident Insurance for Drivers, Passengers

Article 0 Comments Dubai-based ride-hailing service Careem Networks FZ is looking for new ways to get ahead of main rival Uber Technologies Inc. in the Middle East. Careem launched an accident insurance program for passengers as well as drivers in Turkey and is planning to soon expand the service to […]

MS Amlin Launches Comprehensive All-Risks Policy for UK Tech Sector

Article 0 Comments MS Amlin, the specialist global re/insurer, has launched a comprehensive all-risks policy designed for the technology sector in the UK, which is called Technology Combined. The product provides companies with cover against a range of different perils and the sections available include: Cyber and technology E&O Material […]

MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover

Article 0 Comments Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized ships. London-based Lodestar provides $50 million of Aspen-backed P&I cover, with an extra $450 million of capacity available […]

Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs

Article 0 Comments Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and claims performance. Led by Ascot and Beazley, the consortium brings together a range of cargo carriers that will provide a maximum of $50 million capacity. It is […]

Venture Programs to Offer Cyber Coverage through ProWriters Insurance

Article 0 Comments ProWriters Insurance has been selected as the exclusive cyber insurance provider for Venture Insurance Programs. The new strategic partnership allows Venture’s business owners in select niche industries, including golf clubs, hotels, and fitness studios, to access ProWriters’ coverage and services in cyber risk management and insurance. ProWriters […]

Berkshire Hathaway’s New ‘THREE’ Policy Seeks to Simplify Small Business Insurance

Article 0 Comments Berkshire Hathaway’s Insurance Group has launched a comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate’s legendary chairman has endorsed it. The product, dubbed THREE, is three-pages long, and combines coverage for workers compensation, multiple liability coverages (including general liability, errors and omissions, […]

New Beazley Environmental Liability Coverage Targets Banks, Lenders

Article 0 Comments Specialist insurer Beazley has launched site lender environmental asset protection (SLEAP) cover to protect banks and other lenders from pollution risks that could seriously impair the value of property used as collateral for commercial loans. In the event of both a loan default and the discovery of […]