Totalis launched Spotlight Entertainment Insurance, a managing general agent focused exclusively on ancillary businesses in the entertainment industry — rental, service and staging companies that often fall between the cracks of traditional coverage.
Compre has completed the insurance business transfer of a portfolio of European casualty and motor liabilities from Ethias S.A., Belgium’s third largest insurance company. All necessary approvals have been granted by regulators in Belgium, France, the Netherlands, Germany and Finland, allowing Compre’s European carrier Bothnia International Insurance Company to fully assume the portfolio, providing Ethias with full legal, economic and operational finality.
Coterie Insurance announced the opening of a new headquarters location in Appleton, Wisconsin.
TIMBY Specialty Insurance Solutions launched Warehouse Legal Liability Coverage, a product tailored specifically for public and contract warehouses that handle third-party property. With limits up to $5 million per location, the newly launched product offers coverage beyond just the storage of goods.
Cheche Group Inc. partnered with Wuhu Jetour Automobile Sales Company Limited, an automotive brand under Chery Holding Group Co., Ltd. This collaboration marked another step forward in Cheche's ongoing efforts to deepen its partnerships with automobile manufacturers across China.
Conifer Insurance Services partnered with Skyward Specialty Insurance Group, a leader in the specialty property and casualty market, to launch its new Cannabis Select program, a high-capacity insurance solution built for the evolving needs of multi-state operators and larger cannabis businesses nationwide. Designed to complement Conifer’s long-standing Cannabis Essentials program, Cannabis Select offers elevated coverage limits, expanded property protection and advanced risk management solutions to support the industry's continued growth.
Global Captive Management launched Outcomes SPC, a segregated portfolio company that will give businesses the opportunity to embrace the benefits of a captive structure while facing less of the barriers to entry that are sometimes associated with captive insurance. This allows companies that are younger, smaller or more entrepreneurial to take control of their coverage needs, while also taking advantage of GCM’s more than 45 years of combined management-level industry experience.
World Insurance Associates LLC acquired the business of Owens Insurance Agency and Stokes Farnham Insurance Agency of Greer, S.C., on Jan. 1. Terms of the transaction were not disclosed.
Liberty Mutual Reinsurance launched a parametric agriculture product to financially safeguard Colombian farmers against adverse climatic conditions, in collaboration with XS Latam — part of the XS Global Group — and SFA CEBAR.
Markel Insurance launched its clinical trials insurance product, underscoring its commitment to providing best-in-class solutions to support clinical trials research and product development on an international scale.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.