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28 Mar, 2022
Several insurance companies disclosed new products and coverage enhancements in recent days.
Life and health
Jackson National Life Insurance Co. is offering its advisory annuity products to more than 6,500 investment adviser representatives through Producers Choice Network's outsourced insurance desk.
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Molina Healthcare of Texas Inc. partnered with MedArrive Inc. to provide in-home healthcare services to its vulnerable and hard-to-reach Medicaid members in the greater Houston area, including seniors.
Property and casualty
Lemonade Inc. launched its Lemonade Car insurance product in Tennessee, Insurance Innovation Reporter reported.
Lemonade said the "environment-friendly" auto insurance product offers "better" rates and coverages for electric vehicles and hybrid cars and rewards drivers with low mileage and safe driving behaviors.
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CFC Underwriting Ltd. unveiled revamped policies for technology and media companies that include coverage for products and services liability, IP infringement and defamation, comprehensive cyber cover and sub-contractors' vicarious liability.
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Baldwin Krystyn Sherman Partners LLC will offer tailored medical professional liability programs and solutions for physician groups under a premier agreement with Positive Physicians Insurance Co.
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Orchid Underwriters Agency LLC partnered with Openly Inc. to expand access to high-net-worth coverages.
The partnership will enable Orchid to deliver added capacity to its retail agents and strategic distribution partners and broaden its range of high-net-worth customers.
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Roamly Insurance Group LLC unveiled Roamly Pet Insurance, an insurance program covering illnesses, accidents, dental diseases, hereditary conditions, cancer and behavioral issues for dogs and cats.
The program is available for Roamly's customers across the U.S. and Outdoorsy Inc. RV owners and renters.
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Applied Underwriters Inc. launched Applied Surety Underwriters, a Houston-based division focused on large, commercial and contract surety business for clients worldwide.
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Sedgwick Claims Management Services Inc. will serve as the third-party administrator for Texas-based Sensa's proactive automotive insurance offering in Illinois.
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Equitable Life Insurance Co. of Canada entered into a lending arrangement that will provide eligible Equitable Life policyholders access to Equitable Bank's insurance lending solutions.
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