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CORE INSURANCE
Chubb | May 24, 2021
Chubb has launched a new insurance product, Benchmarq Package, for the lower middle market segment, setting the standard for package plans based on broader, more scalable coverage and performance. Benchmarq provides a more comprehensive base coverage offering of both property and liability, resulting in insurance protection that is more robust than typical industry package policies. Although Benchmarq's base product is best suited to smaller or less complex package risks, coverage can be sca...
INSURANCE TECHNOLOGY
RLI | March 10, 2022
Simply Business, Inc., a Boston-based digital insurance agency focused on small businesses, today announced the launch of tailored insurance solutions for home-based businesses. The new offering, RLI Home Business Insurance, is underwritten by specialty insurer RLI and covers home and offsite exposures such as general liability, equipment, furniture, fixtures and inventory. Adequate protection for these risks is not typically provided through standard homeowners' insurance policies. <...
USI | February 10, 2020
USI Insurance Services is back on the acquisition trail. The risk manager has today revealed a deal for Las-Vegas based insurance agency Orgill Singer & Associates, a specialist across the areas of employee benefits, commercial insurance and personal risk solutions. Orgill Singer was founded back in 1986 and is now one of Nevada’s most well-known full-service independent insurance agencies. The deal will see all of its team members make the switch to USI, including CEO David Dahan, pre...
Liberty Mutual | April 08, 2020
Liberty Mutual has recognized the financial burden caused by the COVID-19 pandemic, and has responded by announcing a “Personal Auto Customer Relief Refund” program that will give auto insurance customers a 15% refund on two months of their annual premium. A release said that this refund program returns about $250 million to both Liberty Mutual and Safeco personal auto insurance customers. Pending regulatory approval, personal auto insurance customers will receive the 15% refund on t...
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