Across the P&C Industry: November 9, 2022 | PropertyCasualty360

Insurance industry news from NFP, Everest Re Group, Alterity Group and more. (Photo: Shutterstock)

NFPs partnered with pet line insurance company, the leader in the pet insurance market. Through this partnership, NFP will be able to offer Canadian customers Petsecure pet health insurance. NFP’s new pet insurance complements a range of specialty insurance products including motorcycle, horse, collector his car, boat, recreational vehicle, snowmobile, travel and DigitalShield cyber protection.

Everest Regroup unveiled a refreshed brand, including a new logo and visual identity that reflects its positioning and commitment to taking on opportunities for its colleagues, customers, shareholders and communities around the world.

Alera Group Wealth Services got benson blackburnis a specialty insurance consultancy focused on ultra-wealthy families and privately held companies based in Naples, Florida. This acquisition continues Alera Group Wealth Services’ strategic commitment to expand by finding companies that serve well-defined niches and adopt a broad advisor business model.

Altitude Group got CIC Groupis a boutique commercial insurance consultancy based in Buffalo, NY serving clients nationwide. CIC Group Principals Timothy McMullen, Gina Teresi and Chris O’Donnell have joined Alterity and will report to Alterity’s Managing Director Shara St. His Rose. The transaction was completed on August 19, 2022.

Corvus Insurance partnered with Travelers Companies, Inc., a personal, business, and professional insurance company that helps provide its smart cyber insurance. Focused primarily on Germany and Austria, this powerful new offering offers brokers and policyholders unmatched localized cyber insurance tools combined with the cyber underwriting expertise of both Corvus and Travelers. increase.

QBE AccelCITY Resilience Challengehosted by major cities partnered with QBENorth America, concluded with the City Solution of the Year award and a grand prize of $100,000 awarded to Automedi. Automedi is the world’s first decentralized circular microeconomy that transforms plastic waste into community products at the point of actual use. By recovering discarded waste and turning it into functional products, Automedi is committed to shaping new standards of care through health science innovations and paving the way for a more sustainable future. .

Selman Brightman LLP will be dissolved effective January 1, 2023, and the insurance business group will continue as a new company named Selman Reichenger Edson Shue Newman & Moore LLP. With offices in Los Angeles, San Francisco, San Diego, Seattle and Arizona, the company continues to serve insurance coverage issues for the national insurance industry. The new company will continue to use the “Selman Method” brand.

Axa XL Added cyber suite, covers cyber and security insurance as an option in the Attorney’s Error and Omission Insurance Program. Cyber ​​Suite is available under AXA XL’s Attorney Professional Responsibility Policy to assist law firms affected by data breaches and other cybercrime.

Satellite Agency Network GroupInc., the Northeast’s largest alliance of independent insurance agencies, recently announced the addition of woodland insurance agencyConnect , Inc. of Hanson, Massachusetts to the network. Woodland Insurance is a privately owned, full service insurance agency specializing in home, auto, flood and commercial insurance.

Apollo partnered with embrace the risk, will underwrite a new class of cyber reinsurance business within Apollo Syndicate 1971 from fiscal year 2023. This new strategic partnership comes as Apollo continues to expand its range of reinsurance offerings, from traditional and specialty insurance to innovative sharing economy solutions. It also demonstrates Apollo’s commitment to building long-term partnerships with entrepreneurial and ambitious companies seeking access to Lloyd’s through Apollo’s flexible and bespoke managed agency services.

Union announced a newly available application programming interface for taking control responsibility through executive risk insurance. These APIs will enable more institutions to incorporate the Coalition into their platform of choice for an easier path to bind coverage with more efficient estimating. The Coalition API is currently available for the insurance and employment practices liability of Coalition’s US directors and officers.

Convelo Insurance Group launched a new management liability insurance program with Fortegrais a leading career with over 40 years of experience in risk management and insurance. This program provides management liability coverage to nonprofit organizations.


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