Insurance industry news from VIU, Pro MGA Global Solutions, CFC and others. Photo: ShutterstockVIU by HUB Launched homeowners insurance to protect investment rental properties and secondary homes. Homeowners insurance generally includes two different types of coverage, property damage and liability protection, and provides financial protection against fire and storm damage, loss of rental income, and personal liability.
Verisk Launched FairCheck, a solution designed to help insurers test their individual lines models and variables to respond to regulatory changes. FairCheck includes a customizable, scalable methodology and advisory service to help evaluate and mitigate the potential for unfairly discriminatory outcomes, including prior to regulatory filings.
Arbol Expanded into the United Kingdom by launching a new, London-based Managing General Agent, set to serve the international insurance market outside the US. This expansion underscores Arbol’s commitment to serving stakeholders affected by climate risk globally. The new London-based MGA will leverage Arbol’s UK partnerships with capacity providers and brokers to strengthen its global network. Through this expansion, Arbol aims to redefine the standards of resilience and sustainability around the world.
Munich Re Specialty Insurance Launched an additional accountant professional liability solution to help protect accounting businesses from unique risks in the financial services industry.
Pro MGA Global Solutions Parametric Risk Transfer, a technology-based underwriter of climate and weather reinsurance, was commissioned by Arbol IncTo support its UK launch and international MGA expansion strategy.
Fire Safe Build India Will be held from February 1-3, 2024 at Jio World Convention Centre, Mumbai. organized by nurembergmesse indiaThe second edition of the event will bring together industry leaders, professionals and innovators from the field of fire protection and introduce the latest developments and products designed to protect life, property and assets.
CFC Upgraded its packaged insurance policies for professional services businesses. Brokers selling CFC’s professional liability policies can offer their SME clients add-on cyber cover that now includes comprehensive cyber crime coverage, as well as providing SMEs with CFC’s award-winning proactive cyber attack prevention services and incident response capabilities. Including providing access to.
kaplansky insurance acquired Archetype Insurance GroupAn independent insurance agency based in Worcester, Massachusetts. The move reflects Kaplansky Insurance’s commitment to growth and strengthening its position in the insurance market. This is Kaplansky Insurance’s 43rd acquisition.
Connected:
