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28 Feb, 2022
Several insurance companies disclosed new products and coverage enhancements in recent days.
Life and health
Independence Blue Cross LLC entered a provider agreement under which Patina Medical Group will offer its primary care services to Independence's Medicare Advantage members participating in certain health plans in 2022.
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Reliance Standard Life Insurance Co. unveiled the Reliance Accumulator, a fixed index annuity product that offers durations of five, seven and 10 years, as well as five index interest strategies based on two specific indexes from S&P.
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The Manufacturers Life Insurance Co. (Philippines) Inc. announced the launch of FutureBoost, which includes life and financial protection.
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Pacific Cross Philippines launched Travelsafe Tripguard with COVID-19 coverage, a travel insurance program with additional benefits that include in-patient care, hospital income benefit and trip termination benefit for travelers diagnosed with COVID-19, The Manila Times reported.
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Highmark Health launched its Well360 Diabetes Management virtual care program for eligible health insurance members with type 2 diabetes.
Property and casualty
Beazley PLC unveiled a miscellaneous medical liability product for the Asia-Pacific region.
The product covers medical malpractice, professional indemnity, public liability and product liability.
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AF Group's Fundamental Underwriters division expanded its offering of midmarket commercial trucking insurance into Louisiana, Michigan and Wisconsin.
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Great American Insurance Group partnered with RPX Insurance Services LLC to offer patent infringement defense coverage with tech and cyber policies.
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Insurance agency network Smart Choice will distribute Cowbell Cyber Inc.'s flagship stand-alone and admitted cyber insurance product under a partnership.
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Distinguished Programs Holdings LLC expanded its city insurance program for small urban properties in select cities across California and Colorado, Insurance Business America reported.
Condominiums and rentals with underlying city insurance policies are also eligible for umbrella coverage under the Express Real Estate Umbrella program with up to $5 million limits.
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Gadget Guard LLC launched GuardPlus $350, a product insurance offering that covers device screen repairs or replacements for the iPhone 13 product lineup.
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Towergate Underwriting Group Ltd. partnered with ARAG SE to provide bespoke legal expenses cover for ARAG's park home insurance product, Insurance Business U.K. reported.
The product includes coverage for employment disputes, tax investigations and contract and property disputes with site owners or landlords.
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Homeowners of America Insurance Co. expanded its offering of homeowners insurance services into Missouri as part of its nationwide expansion plan.
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Incline P&C Group partnered with Austin, Texas-based managing general agency Sensa to offer personal auto insurance through Sensa's exclusive network of retail brokers and agents.
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Workers' compensation-focused insurtech Foresight expanded its appetite to include four new class codes and 23 incidental adjacencies in the agribusiness, construction and manufacturing industry sectors.
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South Africa-based FNB launched a short-term car and home insurance offering, as well as free purchase protect coverage for customers who make purchases using FNB virtual cards, IOL reported.
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