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CAC Specialty’s team of retail industry experts provides clients with great benefit in technical ability and strong insurer relationships, all delivered within the context of our fiercely independent, agile, and collaborative firm. CAC’s capabilities benefiting Retailers include expertise in casualty, property, cyber, executive liability, and structured solutions. In an environment where claims frequency, severity, and premium are all increasing, retailers need to partner with a broker who can help understand and quantify their risks to develop holistic and strategic solutions informed by these outputs. CAC has invested in many resources and analytic tools across the spectrum of risks that are important to Retailers, including: - Actuarial – loss projections, volatility analysis, risk-bearing capacity - Natural Catastrophe Modeling - Analysis of Business / Contingent Business Interruption exposures - Cyber threat analysis - Loss Portfolio Transfer - Collateral Recapture - Captive formation / utilization - Contractual Risk Transfer review and recommendations - Claims Analytics - Claims Advocacy - Safety and Loss Control Each of these pieces provides meaningful Impact to CAC‘s Retail clients, including: - Best in class insurance programs targeting the “efficient frontier” across retained and transferred risk - Reduced Total Cost of Risk through the utilization of data, analytics and innovative insurance program solutions - Reduced volatility to meet target financial metrics - Post-lost business resiliency, thanks to identified and mitigated risks - Risk Control and Safety Improvement delivering improved outcomes for employees, customers, and vendors Meanwhile, world events and trends in insurance such as social inflation, natural catastrophes, and ransomware attacks have pushed the insurance market for Retailers into significant upheaval in recent years, most notably in Cyber, Excess Liability, and Trucking, along with steadily increasing rates for Property. For more information on Retail expertise, please contact [email protected].

https://cacspecialty.com/focused-industry-specializations/retail/

SDG 5: Gender Equality Inclusive insurance policymaking is not gender-neutral. Women and men have the potential to be differentially impacted by financial sector policies and by regulatory and supervisory approaches to insurance. Women face a number of legal, economic, and socio-cultural barriers that could disproportionately impede their access to insurance. Such barriers may include the predominance of women in the informal sector, lower levels of financial literacy, and the inability to enter legal contracts without male signatories. In such cases, women are comparatively more vulnerable to a multitude of risks that could plunge them into poverty. Despite these barriers, there is a significant market opportunity in providing inclusive insurance for women. Some estimates suggest that women represent a market opportunity for insurance premiums of between US$1.45 and US$1.7 trillion by 2030 (IFC & AXA, 2015). Integrating a gender perspective in regulation and supervision is key to increasing financial inclusion By removing regulatory barriers that hinder women's access to insurance, stimulating innovation and promoting gender diversity in the insurance industry and by establishing gender-sensitive financial literacy strategies supervisors can play an important role in enhancing women's access to insurance. Adopting data-driven policymaking is key. Distinguishing customers on the basis of gender is one way to delineate the profile of insurance clients; doing so, therefore, opens up the possibility of employing targeted policy tools that are tailored to gender-specific barriers or impacts. A2ii work on SDG 5 ♦ From 2021-2022, the Swiss Development Cooperation (SDC) supported A2ii in implementing the project ‘Empowering supervisors to improve women’s access to insurance'. The project objective is to give insurance supervisors the knowledge and the tools they need to create frameworks conditions that facilitate better access to high quality insurance for women. The four main project activities include: 1. Research on women’s access to insurance, the effect of Covid-19 and the role of insurance supervisors, 2. Mainstreaming gender in A2ii’s core activities, 3. Supervisory training on women’s access to insurance and empowerment of women insurance supervisors as leaders, and 4. Advocacy among supervisors. Within this project, A2ii also developed a tool for insurance companies, regulators, supervisors and policymakers to collect and review sex-disaggregated data - the FeMa Meter Tool. The tool is Microsoft Excel based and aims to help insurance companies, regulators and supervisors to disaggregate 13 key insurance metrics by sex (female and male). The tool provides immediate and simple output calculations that compare differences across various indicators between men and women. During 2023, A2ii will pilot and test the toolkit with few initial countries and then finalize it and role out to a larger number of countries. Appropriate trainings and guidance will accompany both the initial pilot phase as well as the rollout phase. For more information about the tool, see the following presentation: ♦ The A2ii Supervisory KPIs Lexicon is an interactive, searchable directory of KPIs across four pillars: Prudential, Market Conduct, Market Development and SDGs. The SDGs KPIs list draws on insurance supervisory experience and development reports as well as CSR reports of leading global insurers. The SDG KPIs are divided into 3 categories: - Impact story: KPIs illustrating the impact or importance of insurance towards achieving the SDG. Supervisors can use these to support advocacy and dialogue with policymakers. - Product: KPIs measuring to what extent insurers are contributing to SDGs via relevant insurance products and services. Supervisors can use these to measure the state of play and set aspirations. - Corporate citizen: KPIs measuring to what extent insurers are contributing to SDGs beyond product provision and underwriting i.e. as an investor, employer, economic agent, risk expert, convener and a business overall. The aim of this paper was to inspire momentum and increase awareness among insurance supervisors of the transformative potential of gender approaches. It explains how supervisors have started to consider gender dimensions in their work, in particular by exploring differences between women and men’s access to insurance. Moreover, it emphasises the relevance of women’s access to insurance in the context of financial inclusion policymaking. Continue reading... This collection of notes and case studies covers a number of themes related to the demand and supply of insurance products for women, with a focus on the inclusive insurance market—which seeks to include clients who either don’t have insurance or lack the right insurance coverage. This publication was developed as part of a collaborative effort between GIZ’s Sector Initiatives Social Protection and Global Initiative for Access to Insurance on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), International Finance Corporation, Women’s World Banking, the Access to Insurance Initiative, and the Self-Employed Women’s Association. Continue reading... This consultation call took place on Thursday, 23 May 2019, where experts from the Toronto Centre and Women’s World Banking explored key issues regarding barriers to access, mainstreaming gender and targeting women and the insurance supervisor's role in bridging the gender gap. The presentations and the report from this call in English, Spanish and French can be found here. The Roundtable on “Insurance for Women: Specific Needs and Inclusion”, jointly organised by the Superintendencia de Seguros de la Nación (SSN) and the Access to Insurance Initiative (A2ii), with the support of the International Association of Insurance Supervisors (IAIS), was held on 12 June 2019 in Buenos Aires, Argentina. Continue reading...

https://www.a2ii.org/en/sdg-5-gender-equality

Last updated on July 8th, 2021 at 11:46 am DuBrin defines policies as “… general guidelines to follow when making decisions and taking action” [DuBrin 2016]. Some policies are written, some are unwritten. Some have names or identifiers, some don’t. For organizations seeking to gain control of technical debt, written policies are probably a good idea, for two reasons: - Many people affected by technical debt policies are probably unfamiliar with the technical debt concept. A written policy is more likely to be communicated uniformly to everyone. - The effort spent devising a written policy is likely to surface ambiguities, confusions, and differing needs. That’s one of the benefits of devising written policies. Resolving these issues during the policy formation process is better for the organization than resolving them during the deployment process. A useful policy is clear. It uses terminology that’s simple and well-defined. Properties of technical debt policy Achieving these goals for technical debt policy formulation can present special problems. Much of the audience for the policy is unaware or incredulous of the connection between their own behavior and technical debt formation. - The policy must address an issue—technical debt—that has mainly technological manifestations - The policy must provide guidance for people as they make choices - Some of the choices that people make will produce technological manifestations - The connections between the choices and the technological manifestations can be obscure, especially when the choices don’t appear to be technical - Some technical debt arises from phenomena unrelated to behavior of anyone within the organization Said differently, technical debt policy must confront four issues: - Some people whose behavior we must modify are unaware of the consequences of their behavior - Some of those same people strongly believe that the technical debt problem results from malpractice by others - Current incentive structures play an important role in technical debt formation - Some technical debt arises from phenomena external to the organization Effective technical debt policy must therefore include these elements: - An education component to help people see the connection between their choices and technical debt formation - A situational awareness component to alert the organization to internal and external developments that could cause technical debt formation - A means of allocating resources to technical debt management that holds accountable the business units whose actions contributed to technical debt formation - A means of committing future resources to technical debt retirement

https://techdebtpolicy.com/what-is-policy/

Theme: “The Digital Savvy Broker: Finding a Secure Sustainable Niche in the Future of Insurance”. In this digital era with InsurTech gaining ground, disruption is the order of the day. The role of brokers is often questioned as doomed. Yet the insurance chain is such that brokers are indispensable even if the preference is to deal direct and discounts are given for direct deals. Brokers can entrench their role by exploiting technology and add to technology to offer more value add and ensure their indispensability and sustainability. Tech-savvy brokers is the order of the day. They will have an upper hand as today’s customers expect more than just competitive prices. They are clamouring for a convenience service and digital experience through an omnichannels. Tools such as an online platform, mobile apps, web analytics, live chat and chat bots can enhance brokers’ competitive advantage. What are the right digital tools available for modern brokers? How to integrate digital offering and blend into business? What can brokers be doing now to prepare for the massive innovation on the horizon? Hence our heralding theme: The Digital Savvy Broker: Finding a Secure Sustainable Niche in the Future of Insurance The Summit will look at cutting-edge strategies in the insurance business and highlight the areas where brokers can rise to reinforce their role in the value chain of insurance as valued partners to both insurers and risk managers and corporate clients in the dynamic risk landscape. The Summit will bring high level prominent, thought-provoking keynote addresses and allow you to leverage on prime networking opportunities with industry leaders from Asia and across the world. It will also come with exhibition to see where technology can easily support or enhance broker services or make them more efficient.

https://www.limestreetguide.com/event/6th-asia-insurance-brokers-summit/

The Covid pandemic changed many things and insurance is not immune to the many changes in the new world. One of the most significant changes we saw for business was the massive increase of people working from home. After the lockdowns and social distancing ceased, many businesses had changed the way they operate and discovered huge benefits of no longer paying leases for office space. Some businesses were able to save their money and run from home. This was identified as an increase risk by underwriters and insurers adapted their policy wordings accordingly. We have been hearing the rumblings in the insurance market of insurers denying claims if businesses are run from home for months. AFCA has just ruled on a complaint from 14 December 2021. Insurance news has just released an article of an AFCA (Australian Financial Complaints Authority) ruling in favour of the insurer over a business run from home. You can read the full AFCA finding by clicking the blue button below The short version for those that did not read the entire story - the insured ran a tanning business from her home, a paying client came to an appointment and opened the door and let her dog out. The dog bit the client and the client took legal action for medical bills and lost work that resulted from the bite. The insured said the claim should be paid because the client was not invited into the house where the dog was kept. The insurer denied the claim because they were unaware there was a business running from home. According to duty of disclosure the insured should have told them about the business and cover would never have been offered with a home and contents policy because their policy wording excludes business activity run from home The claim was denied because in their opinion the injury would never have happened if the paying client was not 'invited' onto the property for a tanning appointment. "This determination is in favour of the insurer. The insurer is entitled to decline the claim and cancel the policy. The insurer is not required to take any further action under the claim." That was the Determination of AFCA in this case. Is the insurer entitled to decline the claim? "Yes. The available information shows the incident giving rise to the claim arose from or is connected to circumstances which are excluded under the policy. It is fair that the insurer be permitted to decline the claim in line with the policy provisions" This determination leaves the home owner without cover for the resulting legal battle with her client. She now has to find the money without the assistance of her insurance to cover the bill. AFCA has just set a precedent for all insurers. It is now more important than ever to talk to a broker about your insurance needs. Gone are the days when your thought insurance was simple. Not having an expert advise you can be extremely costly. Talk to us today!! We can make sure you get the right cover.

https://www.akupara.com.au/post/insurers-now-targeting-businesses-run-from-home-to-deny-claims

Risk Strategies has acquired Thomas McGee Group (TMG), a full-service brokerage based in Missouri. Terms of the deal were not disclosed. TMG is a firm with specialty capabilities for large accounts, group and single parent captives, in addition to risk management services. It has been in business for more than 100 years and is one of the preeminent insurance brokerages in the Midwest, a release said. Through its third-party administrator group, TMG provides loss adjustment services, which include claims management processes and loss control and safety programs for self-insured customers. The group serves a variety of market segments, such as including hospitals, colleges, school districts and municipalities. TMG also maintains a surety business, underwriting customized programs for the construction industry. Apart from its headquarters in Kansas City, MO, TMG has offices in St. Louis, MO. “In a very active acquisition market, we remained focused on bringing on board only those firms with a culture and expertise focus that will advance our goal of becoming a best-in-class specialty brokerage,” explained Risk Strategies CEO John Mina. “We saw in Thomas McGee Group’s long history, loyal client base and expertise, particularly in alternative risk structures, a direct fit with our direction and philosophy.” “With over 100 years of history, reputation and success, ensuring our clients and business could thrive in the future was the main focus in finding a national-scale partner,” said TMG managing partner Doug Joyce. Joyce commented that becoming part of Risk Strategies offered the “best path forward” for his team, especially thanks to Risk Strategies’ focus on specialization and its flat national-scale operating structure.

https://www.insurancebusinessmag.com/us/news/breaking-news/risk-strategies-snaps-up-missouribased-insurance-brokerage-tmg-192184.aspx

What it means to be Independent Unlike companies who can only offer their own proprietary products, Morris Insurance represents multiple companies. We take the stress out of finding the best possible insurance coverage for you. In other words, we find coverage for our clients, not clients for our coverage. life & health plan. protect. pivot. At Morris Insurance Agency, our number one goal above all else is to ensure that every single client is adequetly insured. After all, being under-insured defeats the entire purpose of what insurance was created for — to transfer risk away from you, ensuring your financial wellbeing is safe and secure. Failing to plan, is planning to fail, and being properly insured doesn’t happen in 15 minutes. In fact, it can take up to 15 days to uncover the hidden exposures left behind by price driven agents and companies. While other companies push cookie cutter policies riddled with hidden exclusions, Morris Insurance takes a case-by-case approach with our clients because no two households or businesses are the same. As your life and/or business grows and changes, it’s imparative that your insurance protection changes with it. We’ll ensure that no matter where you are in life or business that your assets are always protected. we make the process easy. get started today!

https://morrisins.com/

These prizes are designed to promote the development of actuarial science, to encourage research in this field, and to contribute to the improvement of risk knowledge and management. The SCOR Actuarial Awards are recognized in the insurance and reinsurance industries as a mark of excellence. The Actuarial Awards in France are supported by the SCOR Corporate Foundation for Science. The SCOR Actuarial Awards juries are composed of internationally recognized researchers and insurance, reinsurance and finance professionals. The winners are selected for their command of actuarial concepts, the quality of their analytical methods, and the originality of their research in terms of scientific advances and potential practical applications to the world of risk management. In 2021, SCOR presented Actuarial Awards in five countries around the world: Germany, France, Italy, Sweden and Switzerland. If you are a student and would like to submit your thesis for the 2022 Actuarial Awards, please visit https://www.scor.com/en/actuarial-awards to learn more. Denis Kessler, Chairman of SCOR, comments: “The SCOR Actuarial Awards have been rewarding innovative scientific work by young actuaries from around the world for more than 20 years. SCOR is proud to support new actuarial thinking on risk analysis and management, while promoting the emergence and recognition of young talent. These awards, reputed for their level of excellence, attest to the Group’s long-term commitment to research and knowledge development.” Laurent Rousseau, Chief Executive Officer of SCOR, comments: “By encouraging and recognizing outstanding new actuarial talent each year, the SCOR Actuarial Awards contribute to the improvement of risk knowledge and management. We are proud to support these talented students and look forward to following their bright future careers.” SCOR 2021 Actuarial Award Winners On October 8 in Sweden, Svein Børre Solvang, CEO of SCOR Sweden Re, and Rasmus Thunberg, representing the Swedish Actuarial Association, presented the Actuarial Award for Sweden during the SCOR Sweden Re Life Insurance Webinar 2021. The prize was awarded to Sanna Kronman, an actuary at Dina Försäkringar, for her dissertation “To renew or not renew – Predicting renewal rate for home insurance applying logistic regression and Random Forest”. On November 22 in Switzerland, Fabian Uffer, SCOR Chief Risk Officer, presented the Actuarial Awards for Switzerland. The prizes went to Dr. Samuel Eberenz of ETH Zurich for his dissertation "Globally Consistent Assessment of Climate-related Physical Risk", and to Dr. José Araujo of the University of Lausanne for his dissertation “Tempering and Seasonality in Non-Life Insurance Modeling”. On December 1 in Italy, Umberto Gavazzi, Deputy CEO of the Reinsurance business unit at SCOR Global P&C, and president of the jury Professor Nino Savelli, of Milan’s Università Cattolica del Sacro Cuore, presented the 2021 Actuarial Awards for Italy. The awards went to Mattia Bianchi of the Milano Bicocca University, for his thesis “Assessments on the optimal portfolio reinsurance policies on the Reserve Risk for a Motor vehicle liability portfolio”, and Valentina Selva of Milan’s Università Cattolica del Sacro Cuore, for her thesis “A risk-profitability analysis of multi-line reinsurance contracts in the Solvency II framework”. On December 9 in France, Denis Kessler, Chairman of SCOR, presented the 2021 Actuarial Awards for France, in conjunction with the French Institute of Actuaries. Dominique Abgrall, of the Université de Bretagne occidentale, received the Prix des Jeunes Docteurs for his thesis “Studies of change-point detection: on-line scheme for discrete Poisson models and off-line test for parametric mixtures. Application to insurance problems.” The Prix des Jeunes Actuaires was awarded to Silvia Bucci of the Ecole nationale de la Statistique et de l’administration économique (ENSAE) for her dissertation “Étude et implémentation de techniques d’analyse de sensibilité dans les modèles de tarification Non-Vie. Application à la tarification à l’adresse” (Study and implementation of sensitivity analysis techniques in Non-Life pricing models. Application to address home pricing). In Germany, the 2021 winners were Stefanie Burkart of the University of Ulm, for her thesis “Efficient valuation of a large portfolio of variable annuity contracts”, Maria Hinken of the Technical University of Munich, for her thesis “Life insurance products with capital guarantees: Stackelberg equilibria between reinsurer and insurer”, and Frederick Hörmann of the University of Ulm, for his thesis “Development of an exposure-based pricing approach for personal accident per risk”. More SCOR Actuarial Awards will be presented again next year. The juries strongly encourage researchers and doctoral students to submit their work for these awards in 2022.

https://www.scor.com/en/press-release/scor-supports-actuarial-science-presenting-actuarial-awards-five-countries-2021

A History of Insurance in Hong Kong, 1841–2010 ISBN : 978-988-8028-70-2 256 pages, 8″ x 8″ Insurance is one of Hong Kong’s oldest industries. In the nineteenth century the lucrative trade between China and Europe carried many risks—piracy, warfare, fire, loss of goods, and other mishaps. Dozens of different insurance firms—some home-grown, others imported—established themselves in the colony to protect ships and their cargoes. With the diversification of Hong Kong’s economy into manufacturing and services, and the development of life and health insurance policies, Hong Kong became a global centre of insurance. The industry continues to transform itself today through changing practices and new lines of business. This is the first comprehensive history of Hong Kong’s insurance industry, and argues its central importance in the economy. Typhoons, shipwrecks, fires, wars, political turbulence and unexpected events of all kinds provide a dramatic background to a fascinating survey. The book is richly illustrated with photographs and documents. “The book will help students better understand the development of the industry and the important role it plays in Hong Kong, as well as build up their knowledge and sense of belonging in the industry. It will be of interest to people from the field of insurance and finance, people who are interested in Hong Kong history, as well as the general public.” —Chan Kin-por, Legislative Councillor—Functional Constituency (Insurance) “The history of Hong Kong insurance is the story of modern Hong Kong. This book shows how the development of insurance has from the start been intertwined with the growth of Hong Kong’s economy and society. It will appeal to general readers, scholars, and specialists alike.” —John M. Carroll, Professor, Department of History, University of Hong Kong

https://hkupress.hku.hk/index.php?route=product/product&author_id=791&product_id=474

Bonds by definition a three-party agreement that legally binds together a principal who needs the bond, an obligee who requires the bond and a surety company that sells the bond. The bond guarantees the principal will act in accordance with certain laws or contract requirements. There are several different types of bonds that cover a variety of things. Contractors need license and permit bonds, bid bonds that turn into performance and payment bonds. There are also employee dishonesty bonds that protect protects your business from dishonest acts by your employees. This includes protection against fraud, embezzlement, forging checks, stealing money or merchandise, and so forth. An Employee Dishonesty Bond does not cover against your employees stealing from your customers. There is a bond for that it is called a janitorial bond. EVERYTHING TO MEET Your Insurance Needs Your Insurance Lady writes Workers Comp Insurance, General Liability Insurance, Business Auto Insurance, Commercial Property Insurance, Umbrella and Excess Coverage, and Bonds. We represent and do business with many different regional and national insurance companies offering excellent service that want to compete for your Business Insurance. We are a Colorado-based company with offices in Colorado Springs and Denver. We are licensed throughout the country offering nationwide coverage. Our goal to understand your specific needs and budget to provide you the most competitive quote with a quality company providing superior insurance coverage and service. GET A COLORADO SPRINGS COMMERCIAL INSURANCE QUOTE NOW Your Insurance Lady of DC Insurers in Colorado Springs offers a variety of coverage’s tailored for your needs: Business Insurance, Personal Insurance, Cannabis Insurance, Auto Insurance, and Insurance for Contractors.

https://yourinsurancelady.net/bond/

- In its first-year milestone, the Ignite platform for sales intermediaries has recruited over 22,000 agents in Vietnam and Indonesia, facilitating the issuance of more than 36,000 policies and showcasing remarkable growth in the markets - This rebrand showcases Ignite’s growth and commitment to action, and boosts the agents’ productivity with 20 advanced features - The enhanced Ignite also offers over 30 plans – across seven product categories – from over 10 insurers in Vietnam and Indonesia SINGAPORE, 20 July 2023 – Regional insurtech Igloo marks the one-year milestone of Ignite by Igloo, a digital platform for sales intermediaries with the unveiling of new vibrant branding to reflect the company’s growth and commitment to empower its agents to sell more, more easily. Since its launch in early 2022, Ignite has recruited over 22,000 agents in Vietnam and Indonesia and helped facilitate over 36,000 policies. With the surge of online distribution channels for insurance, Igloo introduced Ignite in early 2022 to empower agents with a one-stop app to enhance the customer experience and retain relevance in the digital environment. With Ignite, agents can now streamline their customer service and administrative work to focus more on selling. Nguyen Dieu Huyen, an insurance agent using Ignite in Vietnam, shared, “With customers becoming increasingly digital, they’re starting to consider buying insurance online due to convenience—it’s easier and faster to get and there are just more products to choose from. Using Ignite, we are able to equip ourselves with digital upskilling so we can do our work better and quicker so we can meet the increasing demand of our customers.” Meanwhile, RR Tri Rejeki, an Indonesian agent from Indonesia, said, “Our work entails face-to-face meetings with clients and this usually takes time because traffic jams are so bad. And this client-facing is just one aspect of our job, we need to attend to time-consuming processes for onboarding clients, claims settlement, appraisal, and more.” Expanded product offerings and new features Featuring a new vibrant brand identity, Ignite has been upgraded from nine to 20 advanced features to heighten usability and boost productivity for agents. Sales intermediaries in Vietnam and Indonesia can now offer over 30 plans across seven product categories within the platform including Motor Vehicle Insurance, Travel Insurance, Personal Accident Insurance, and Property Insurance. In response to the increasing demands of its expanding network of agents, Ignite has introduced a range of advanced features to foster seamless processes for agents in their interactions with customers and sales teams These new functionalities include: - A brand new user interface for a faster and smoother browsing experience - Fast quote shortens the purchase flow by calculating premiums and generating quotes within seconds - Secure payment processing helps their clients transact with confidence - Team and sales data management tools to reduce the time of manual reporting with data management and analysis tools - Track and report commissions straight into their bank account in real-time “Agents play a pivotal role in democratising insurance across Southeast Asia, as their human touch remains a potent force in insurance sales. Ignite’s new logo embodies our growth and commitment to action, and serves as a testament in bridging gaps within the insurance value chain towards the realisation of our mission of making insurance for all,” Raunak Mehta, Co-Founder and CEO shared. Also providing digital empowerment to insurance underwriters, the Ignite app aligns its goal of digitalising agent operations with over 10 insurers1 including MSIG, BSH, Sinarmas Insurance and Tugu Insurance. By the end of 2023, Igloo has set its sights on launching Ignite in multiple markets, with a goal of facilitating sales for 50,000 agents and a Gross Written Premium (GWP) of 50 times of 2022. “Igloo will continue to add more products across multiple insurers and provide features that make the entire agent experience from onboarding to selling a superlative experience,” he added. Igloo’s regional footprint has been on a strong growth trajectory, cementing partnerships with over 55 companies across seven countries and offering over 15 products in its expanding product suite. It has facilitated over 300 million policies and increased gross written premiums by 15 times since 2019. Since its inception, Igloo has been making insurance accessible and affordable through data and technology in Southeast Asia and is the only insurtech in the region with all major economies contributing to its performance. Igloo is the first full-stack insurtech firm to emerge from Singapore. It has offices in Singapore, Indonesia, Thailand, the Philippines, Vietnam and Malaysia and tech centres located in India and China. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimise and enhance existing products and services. Igloo has partnered with over 50 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services. For more information, please visit https://iglooinsure.com/. For Media Queries: PRecious Communications for Igloo

https://iglooinsure.com/ph/press/regional-insurtech-igloo-unveils-new-ignite-branding-and-product-features-for-agents-to-thrive-in-evolving-insurance-landscape/

Burney Hutchinson Joins Alliant Insurance Services, Expands Team in Mississippi By Alliant / January 11, 2024 Insurance professional to provide property and casualty solutions to a diverse regional client base IRVINE, CA — Alliant Insurance Services continues to add top talent to its growing team in Mississippi, hiring Burney Hutchinson as Vice President within its Alliant Americas division. Based in Jackson, Mississippi, Hutchinson will design and implement innovative property and casualty insurance programs for a diverse regional client base. “Burney has extensive experience creating tailored solutions that deliver results, reduce costs and provide long-term protection for his clients,” said Bob Bennetsen, Executive Vice President and Senior Managing Director with Alliant. “His deep understanding of the needs of businesses throughout the region further strengthens our team and enhances the exceptional service we offer clients.” Hutchinson joins Alliant with a comprehensive background in property and casualty insurance, including expertise with large accounts. He is an experienced commercial insurance producer with a proven track record of success across a breadth of industries and disciplines. Prior to Alliant, Hutchinson was a consultant with a large, regional insurance brokerage firm in the Southeast. Hutchinson earned his bachelor’s degree in business administration from the University of Mississippi, where he was named All-America in baseball. He can be reached at (662) 401-8200 or at [email protected].

https://alliant.com/news-resources/burney-hutchinson-joins-alliant-insurance-services-expands-team-in-mississippi/

CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29. Many firms depend on carbon credits to achieve their net zero goals. But after considerable turbulence in carbon credit markets, credit integrity, proper risk underwriting and certainty of outcomes are more important to reassure investors, regulators, and other stakeholders that these promises represent real environmental gains. CarbonPool helps society reach net zero by offering in-kind insurance for failure to meet net zero commitments due to shortfalls, reversals, business interruptions and natural disasters that either reduce the amount of carbon dioxide removals contracted for or unintentionally add CO2 back into the atmosphere. The team include insurance experts, climate scientists, weather modellers, geographers, and engineers assess each risk meticulously to construct customized risk models. Premiums gathered from each client, combined with CarbonPool's capital, are invest into high-quality carbon removal projects, to enable claims payments in-kind. Coenraad Vrolijk, co-founder and CEO of CarbonPool, said, “CarbonPool’s in-kind payments make it unique among insurers in not only offering protection to holders of carbon credits in cases of natural disaster or technology breakdown but also in providing a guarantee that carbon credits live up to their promises, giving purchasers certainty and ensuring that they can meet their net zero goals.” CarbonPool‘s team include insurance experts, climate scientists, weather modellers, geographers, and engineers. (Photo: CarbonPool) The funding round was co-led by Heartcore Capital and Vorwerk Ventures, and included HCS Capital, Revent Ventures and former key members of Allianz, Christof Mascher and Axel Theis. Christian Jepsen, a founding partner at Heartcore, noted, “Insurance represents 5-10 percent of the revenue of most mature markets, yet it has only just begun to touch carbon trading. This is a space that desperately needs the credibility that established financial controls like insurance can offer.” CarbonPool is currently in the process of applying for an insurance license in Switzerland, and the company is already offering assessments and pre-underwriting agreements to clients, including corporations, institutional investors, and carbon removal developers. The team is also in talks with government bodies, including the United Nations and the State of California, exchanging perspectives on how insurance can solve some of the industry’s main challenges, such as securing the permanence of carbon removals from the atmosphere.

https://www.reccessary.com/en/news/world-finance/climate-experts-raise-12-million-usd-for-the-world-first-carbon-credit-insurance-company

TEAM / David Altmaier David Altmaier joined the Southern Group in 2023 after spending 14 years with the Florida Office of Insurance Regulation. As the former top insurance regulator in Florida, David brings deep knowledge of the complex insurance market. David began working for the Office of Insurance Regulation in 2008 after working as an insurance agent and high school math teacher. He quickly rose through the ranks of the Office of Insurance Regulation and was appointed to serve as the Florida Insurance Commissioner by the Financial Services Commission in 2016, a role he held until 2022. In his capacity as commissioner, he led the Office of Insurance Regulation and had oversight over one of the largest insurance markets in the world. Under David’s leadership, Florida passed a sweeping reform bill aimed at stabilizing the insurance market. Throughout his tenure as commissioner, David was also heavily involved in national and international insurance regulatory policy. He served as the President of the National Association of Insurance Commissioners (NAIC) in 2021, after serving as the President-elect in 2020 and Vice President in 2019. David also served as a Vice Chair of the Executive Committee for the International Association of Insurance Supervisors (IAIS), representing insurance regulators and supervisors of more than 200 jurisdictions worldwide. In 2023, Aspen Insurance Holdings Limited appointed David to its board as a non-executive director. In addition to his leadership roles in the insurance industry, David was appointed by Governor DeSantis to serve as a member Florida’s Blockchain Task Force and during the COVID-19 pandemic, was selected as a member of the Governor’s Re-Open Florida Task Force Industry Working Group on Agriculture, Finance, Government, Healthcare, Management and Professional Services. David graduated from Western Kentucky University with a bachelor’s degree in mathematics. He lives in Tallahassee.

https://thesoutherngroup.com/team/david-altmaier/

Bharti Axa General Insurance is hopeful of trimming its underwriting losses in the next financial year and increasing the investment income, a top executive said. Read more Finance Minister P Chidambaram said banks would be allowed to act as insurance brokers to increase insurance penetration in the country despite concerns expressed recently by the banking regulator against such a move. Read more Get ready to pay more for your health or motor insurance covers if you have made a claim in the past. Read more Soon you may be able to get tax deduction on buying an insurance plan for your home or a personal accident cover. The finance ministry is considering a proposal to give additional tax benefits for purchasing these general insurance policies. Read more Private sector general insurer Bharti AXA, which has crossed Rs 1,000-crore gross written premium mark for 2012, said it will come up in new products in commercial line. “In four years of operation, we have reached Rs 1,000 crore of gross written premium. Going ahead, we will concentrate on new products in the commercial line along with focus on southern and eastern region for future business growth,” Chief Executive Officer of Bharti AXA General Insurance, Amaranath Ananthanarayanan told reporters here. He said the company is light on commercial line, which was a deliberate policy of the company due to low premiums. Read more The government along with the industry will prepare a road map for improving penetration of the general insurance in the country which is less than one per cent, a senior official said. “Our (general insurance) penetration rate is low. It is 0.7 per cent. How do we improve it to average standard which is 1.5 to 4 per cent? The road map is to be prepared by all of us”, Financial Services Secretary D K Mittal said. He was speaking to reporters after meeting of the representatives of the general insurance industry with Finance Minister P Chidambaram. Read more Experts say the frequency of claims in fire is much lower than in other areas of insurance Read more

https://www.bimabazaar.com/tag/bharti-axa-general-insurance

CHADDS FORD, Penn. – Fundamental Underwriters, a specialty managing general underwriter with expertise in mid-market trucking insurance, today announced a partnership with Snapsheet, a pioneer in virtual appraisals, to utilize its appraisal services to deliver an exceptional experience to its customers. As a division of AF Group – collectively one of the nation’s largest writers of specialty insurance – Fundamental Underwriters is focused on delivering exceptional mid-market trucking insurance solutions. “Fundamental Underwriters continues to adopt innovative technologies to deliver superior services to our customers,” said Abel Travis, vice president of Fundamental Underwriters. “Adding Snapsheet’s virtual claims handling capabilities will speed up the claims process and ensure that our customers can more rapidly repair their vehicles to bring them back onto the road.” “The specialty vehicle appraisal market is a really exciting space for us and we’re seeing exponential growth in all areas, from long haul trucking, mid-mile and delivery, to personal lines like motorcycles and RVs,” said Andy Cohen, chief operating officer of Snapsheet. “We are thrilled to partner with Fundamental Underwriters and look forward to helping them expand and deliver exceptional specialty insurance services to their customers through our virtual appraisal expertise which can support any type of vehicle, anywhere, and with seamless integration.” Fundamental Underwriters delivers individual underwriting solutions, consultative loss control programs and rapid claims resolutions for risks with superior safety cultures. Late last year, the company expanded its mid-market commercial trucking insurance product offerings into nine additional states including Idaho, Montana, Utah, Arizona, North Dakota, South Dakota, West Virginia, Mississippi and Delaware. The move reflected the continued expansion of the Fundamental Underwriter’s footprint to 27 states throughout the U.S. Previously, the company offered insurance services in Alabama, Arkansas, Colorado, Georgia, Iowa, Illinois, Indiana, Missouri, Nebraska, New Jersey, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Virginia and Washington. # # # About Fundamental Underwriters Fundamental Underwriters is a division of AF Group and its subsidiaries. Insurance policies are issued by Third Coast Insurance Company. For more information, visit FundamentalUW.com. Snapsheet is a pioneer in virtual appraisals and a leader in cloud-native claims management software, enabling the most innovative claims organizations to deliver the best experiences for customers. With a focus on engagement, digitalization and intelligent automation, Snapsheet provides unmatched technology and processes that improve customer experience, drive greater organizational agility, and deliver transformational benefits through its Snapsheet Cloud software suite. For more information, visit snapsheetclaims.com. Subscribe for Updates Top 5 Reasons Why You Should Subscribe Stay up-to-date on industry news and trends Learn about claims management best practices Gain insights into customer behavior and preferences Discover new technologies and innovations Engage with a community of industry professionals Reduce cycle time and improve appraisal accuracy Claims management with our modular, end-to-end solutions Deliver payments effortlessly with automated tools and no-code workflows

https://www.snapsheetclaims.com/fundamental-underwriters-expands-claims-capabilities-through-partnership-with-snapsheet-appraisal-services/

Specialist insurer Altelium has launched a new ‘all risk’ battery energy storage system (BESS) insurance solution, in partnership with global insurer and reinsurer MS Amlin. London-based Altelium has partnered with MS Amlin Underwriting Limited to provide a BESS construction all risk and operational all risk insurance solution, it announced last week (23 May). ‘All risk’ means coverage that covers all risks that are not explicitly omitted in the insurance agreement. Enjoy 12 months of exclusive analysis - Regular insight and analysis of the industry’s biggest developments - In-depth interviews with the industry’s leading figures - Annual digital subscription to the PV Tech Power journal - Discounts on Solar Media’s portfolio of events, in-person and virtual Or continue reading this article for free The announcement comes a month after Altelium announced a partnership with fellow insurer Tokio Marine Kiln (TMK) to deliver, it claimed, the world’s first data-driven BESS warranty programme. Altelium’s warranty is built on an understanding of battery properties, behaviours and data analytics. Its online platform allows every aspect of warranty, including data capture, performance and risk assessment, to be carried out through a single platform. The company’s co-founder (along with Ed Grimston, pictured above at the time of the TMK announcement) and executive chairman Charley Grimston wrote about the importance of insurance in the battery energy storage sector in a recent guest blog for Energy-storage.news. Few insurers have the ability to understand the chemistry and technology of BESS projects, or the ability to process and apply the data required to accurately price the risk into insurance products, he wrote. Speaking about the partnership with Altelium on 23 May, Julian Samuel, head of natural resources at MS Amlin Underwriting Limited, said: “We’ve partnered with Altelium, a specialist in the sector, because of their deep technical knowledge and expertise within the battery market. I’m delighted that through this partnership, we are playing a part in the effort to combat climate change.”

https://www.energy-storage.news/insurtech-group-altelium-launches-all-risk-bess-solution/

Don't Require Residents Using Electric Wheelchairs to Get Liability Insurance Don't be tempted to require residents who use electric wheelchairs to get liability insurance to pay for any accidents or injuries their wheelchairs may cause. Even if you think that residents using electric wheelchairs are more likely than other residents to hurt themselves or others at your site, you may have a hard time proving that if a resident ever challenges your policy in court. Consider what happened to the owner and manager of a Minnesota senior site after they adopted just such a policy. One resident refused to get the insurance and complained to HUD, which then charged the site owner and manager with discrimination under fair housing law. The owner and manager argued that their policy promoted the health and safety of residents by ensuring that electric wheelchair users would have enough money to pay for medical treatment if they injured other residents or guests with their wheelchairs. The administrative law judge disagreed, and pointed out that the owner and manager didn't show that operators of electric wheelchairs posed a “substantial risk of harm to themselves or others.” He said that the policy was based on “overprotective” stereotypes about the disabled, and ordered the owner and manager to rescind their policy and pay $7,500 in damages to the resident, plus $5,000 in civil penalties to HUD. He also ordered the site manager to personally pay $3,000 in civil penalties to HUD [HUD v. Country Manor Apts., September 2001]. Search Our Web Site by Key Words: electric wheelchairs; liability insurance

https://www.assistedhousinginsider.com/article/dont-require-residents-using-electric-wheelchairs-get-liability-insurance

Navigate today’s most pressing health industry challenges with a leading global expert by your side. Discover intelligent digital solutions to help improve outcomes, manage costs, and solve the toughest healthcare challenges. Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance. Financial modeling & industrialization Insurance risk assessment Retirement & Benefits Deliver on the promises of the past and create smart solutions for the future. Compensations & benefits Benefit plan evaluation Manage complex risks using data-driven insights, advanced approaches, and deep industry experience. Auto policy underwriting Software performance enhancement Mortgage platform for investments & reinsurance Solvency II reporting & compliance This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are. Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security. Empowering insurers to close the flood insurance protection gap while managing risk and profitability. We understand the challenges of developing a sustainable flood insurance business: Milliman Bungalow® brings together everything you need to get started in a prebuilt, yet customizable solution, including: Realize opportunity with sophisticated rates from our flood data and the KatRisk model. Get to market quickly with pre-approved loss costs, prebuilt accelerators, and years of flood expertise built in. Reduce or avoid development and regulatory costs to increase agility and free resources for innovation. Rapidly customize your solution with help from Milliman’s flood and GIS experts. Milliman PinPoint lets insurers cost effectively evaluate, price, and market residential and flood products using geospatial information. Market baskets are portfolios of hypothetical risks with realistic distributions of characteristics used for property and flood insurance pricing. Identify new market sectors, pinpoint adverse selection, and make better pricing decisions with a web-based premium comparison tool. Milliman Appleseed is an advisory organization licensed to submit loss costs, rating factors, and risk scores with state insurance regulators across the U.S. Plan for climate-related issues with sophisticated models representing more than 30 years of expertise. Improve flood insurance with independent flood rating and underwriting, ratemaking, and competitive analysis. Select insurance-related technology solutions that solve your key challenges and make the most of data. Match price to risk, get better ratings, and improve profitability in the most difficult markets. In recent years, the private flood sector has grown rapidly and will likely continue to grow until the new market significantly closes the U.S. flood “protection gap.” Milliman collaborated with KatRisk to develop tools to quickly assess the private flood insurance feasibility, and then compared our modeled private flood insurance premiums to those of the NFIP. Milliman recently collaborated with Risk Management Solutions, Inc. to model a potential private flood insurance market in New Jersey and New York. The visibility of climate’s impact on property hazard is increasingly leading individuals and their chosen leaders to ask: how might an increase in hazard affect the desirability of living in various communities, and… This articles explores some questions and challenges for aspiring U.S. private flood insurers. Flood has been considered an uninsurable risk for years. But the tide may be turning thanks to several recent developments. Given the volatile political – not to mention atmospheric – winds, it is a good time for an overview of insurance governance and challenges in one of the world’s riskiest catastrophe zones. We’re here to help you break through complex challenges and achieve next-level success.

https://us.milliman.com/en-gb/products/bungalow

Whether you manage one kitchen and one restaurant, or you’re a business owner who operates a chain of restaurants, Tomins insurance, powered by Higginbotham, is here to help you run your business better. We take the headaches out of business insurance to reduce risk for restaurants of all kinds with our convenient 24-hour online portal. You get time back to focus on what’s truly important — running and growing your business, whether your focus today is on updating your menu or redesigning a string of kitchens — or anything in between. And unlike any other online insurance agency serving restaurants, Tomins is backed by the expertise and experience of Higginbotham. Maybe more important to you, we understand the unique needs of the restaurant business and are ready to design a policy perfectly tailored for you. From basic business owners insurance to any of the more-specialized types of coverage your unique situation needs, Tomins has you covered. You deserve an insurance partner that works as hard as you do. Tomins — the right insurance choice today. Get a Quote Now Talk With Us Today Having the right insurance is one of the most important keys to success in today’s fast-paced business environment. That’s especially true for restaurants. Between food-borne illness, legal liabilities related to hiring, and the looming potential of an on-premises injury, the restaurant business is full of risks. The last thing you need is another thing keeping you up at night. Restaurant insurance from Tomins is designed with your restaurant business in mind. We strive to offer the best of both worlds for business owners: on-demand policy documents when you need them, and the expertise, local touch, and proven track record of Higginbotham. Our custom-tailored approach helps protect restaurant business owners against the distinctive risks that threaten their unique business. Beyond protecting your physical assets, it’s also important to protect your restaurant business against the possibility of financial loss from lawsuits or settlements. With this in mind, Tomins advises any restaurant owner to consider carrying general liability insurance. Regardless of the unique characteristics of your restaurant operation, every owner should also carry a Business Owners Policy (BOP). It’s designed to protect your business’s buildings, property, and other business assets against unforeseen loss. A Tomins restaurant BOP typically includes these four coverages: In almost every case, a restaurant business owner should seriously consider the insurance coverages mentioned above (commercial property, general liability, and business income [LINK TBD]. In addition, the unique characteristics of your restaurant business might make an argument for carrying other coverages as well. Some other restaurant insurance coverages to think about include: In addition, Tomins Restaurant Insurance offers fully customizable coverage for any individual situation. Our specialized restaurant insurance policies can also include: The specifics of your unique business operation and the coverages you desire will determine your exact cost for insurance. But if you think about the massive financial losses you could suffer from an uncovered incident, the cost of insurance premiums typically pale in comparison. While the cost of various types of restaurant insurance coverage can vary considerably, this table outlines some added coverage costs for a typical business. At Tomins, we are in the business of making restaurant insurance easy. Start your free personalized insurance quote now at our online quote page. To make sure we can provide the most accurate and competitive quote possible, it helps to make sure you have the following information available when you apply: Take the time to make sure all of this information is up to date and accurate. It’s the best way to ensure that we can provide you with the best quote possible.

https://tomins.com/business-insurance/restaurants/

Tailored protection for niche industries Liberty Mutual Insurance is a leader in the specialty insurance program market and delivers comprehensive solutions for businesses with unique coverage needs or hard-to-place risk. We offer a wide range of programs, from contractors and scrap metal dealers to fine arts and museums. And all our programs are managed by proven, established program administrators that have the in-depth knowledge to develop customized solutions for the niche markets they serve. Our program customers also feel confident in a carrier that has more than 35 years of experience developing specialty programs and offers the strength and stability of a Fortune 100 company. What sets Liberty Mutual Programs apart? From risk transfer offerings to providing more than 30 products in various formats, we have the experience that is unmatched in the marketplace! Find a world of opportunity right here In our interconnected world, globalization is having a profound effect on corporate decision making. Coordination among our business lines helps create efficiencies that translate into savings for our customers and distribution partners. What’s new in the programs space? Innovation is alive and well in the programs space. Find out what’s fueling our enviable growth rate. M&A valuations and activity In light of all the recent M&A activity, find out why our programs space is the place to be! Liberty’s strong balance sheet and focus on long-term relationships allow us to partner with MGAs to focus on our policyholders and brokers as they navigate the landscape of changing valuations and consolidation. We are looking to grow with you Realize your potential by teaming up with us. With relationships that go back decades, our programs partners are well positioned for future growth. We make use of transformative tools that put our insured customers, distribution partners, and program administrators’ interests first. Solutions for hard-to-place risk For your agency’s clients If your agency is looking for specialty insurance programs that offer tailored coverage for businesses in niche industries, look no further than Liberty Mutual . From non–profits to scrap metal dealers, your clients with hard-to-place risks can receive coverage that fits their needs. We can even help protect your agency with our insurance agents’ errors and omissions program. By working with proven, established program administrators, we’ve built a powerful network of programs for traditionally underserviced industries – helping you to say yes to more of these unique opportunities. For program administrators Liberty Mutual understands the program business and we have a dedicated team of professionals that focuses on meeting the needs of administrators and the niche markets they serve. When you work with us, you’ll benefit from our: - Solid reputation, financial strength, and stability as a Fortune 100 company - Distribution reach, which includes access to more than 10,000 agent locations - Marketing expertise and resources to develop marketing plans and programs - Array of coverages to meet specific needs of target business classes - Flexibility to offer multiple underwriting methods and distribution types Our goal is to develop profitable and long-term relationships with experienced program administrators that have underwriting, marketing, and distribution expertise on homogeneous classes or business segments. Our programs portfolio Explore our comprehensive portfolio, all supported by the strength and stability you’ve come to expect from us. - Auto Salvage/Dismantlers program - Behavioral Healthcare - Contractors (workers compensation only) - Employer stop loss - Excess property - Fire suppression and sprinkler contractors - Insurance agents’ errors and omissions - Physicians & Surgeons Professional (PL Only) - Post-surgical for bariatric and plastic surgeries - Roofing contractors - Scrap metal dealers - Sports and fitness Please complete our program assessment to start the conversation and our initial review. Thank you for your interest in working with us! This website is intended to be informational. Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation. The products and services described may not be available in all states or jurisdictions. See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals. Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.

https://business.libertymutual.com/commercial-solutions/programs/

Mylo Management Team 6 Team Members Mylo has 6 executives. Mylo's current Chief Executive Officer is David Embry. Mylo Board of Director 1 Board of directors Mylo has 1 board of directors, including Jason Houseworth. Compare Mylo to Competitors Collective Health focuses on providing integrated health benefits solutions. The company offers a platform that combines various health benefits including medical, dental, vision, and pharmacy, aiming to simplify the administration of health benefits, manage costs, and improve the health outcomes of employees. Its primary customers are employers seeking to provide comprehensive health benefits to their employees. It was founded in 2013 and is based in San Francisco, California. The Zebra provides an online insurance comparison platform. Its product provides real-time rates, and educational resources to inform consumers while at the same time helping them find the coverage, service level, and pricing to suit their needs. Its product simultaneously helps the insurance companies connect with their consumers too. The company was founded in 2012 and is based in Austin, Texas. Ancileo provides insurance services. It offers software-as-a-service solutions for insurers, brokers, and affinity partners. The company was founded in 2016 and is based in Singapore, Singapore. Butter Insurance offers a web-based platform. The company provides simple insurance services for mobile phones, laptops, jewelry, bikes, and more. Its online platform features protection facilities, a custom payment schedule, cancellation, and policy management. It allows users to insure iPhones, ear pods, and laptops. The company was founded in 2021 and is based in Sydney, Australia. Pie Insurance operates a platform for workers' compensation insurance. It matches price with risk across a broad spectrum of small business types that offer sustainable insurance to small business owners. The company was founded in 2017 and is based in Washington, DC. Hiscox is a specialist insurance company. It offers errors and omissions, cyber and data security, media liability, entertainment production risk, general liability, professional liability, crime, ransom, terror, and property insurance through brokers and directly online to small businesses.

https://www.cbinsights.com/company/mylo1/people

SCOR, together with seven of the world’s leading insurers and reinsurers, announces the launch of the pioneering Net-Zero Insurance Alliance (NZIA), the culmination of the founding signatories’ work with the UN Environment Program. SCOR strongly believes that the global (re)insurance industry has a leading role to play in accelerating the transition to a more resilient, net-zero emissions economy in line with the 1.5°C target of the Paris Agreement on Climate Change. As a founding signatory, the Group commits in particular to: • Transitioning all operational and attributable greenhouse gas (GHG) emissions from its insurance and reinsurance underwriting portfolios to net-zero emissions by 2050, and • Supporting the implementation of corporate disclosure frameworks and global policy frameworks relevant to the net-zero transition and the insurance industry. In joining the NZIA, SCOR today announces its commitment to a phased withdrawal of insurance and facultative reinsurance coverage from unabated coal-fired power plants by 2030 for OECD countries and by 2040 for the rest of the world. This commitment extends to SCOR’s portfolio of reinsurance treaties and begins by strengthening SCOR’s underwriting guidelines for 2022 to screen for all reinsurance treaties with more than 10% coal-related premium. SCOR will actively support its clients in their own commitments to follow credible transition pathways, helping them attain a net-zero emissions business model. The launch of the NZIA follows SCOR’s move, as an institutional investor, to join the Net-Zero Asset Owner Alliance in May 2020, committing to promoting the transition to a post-coal economy and making the changes necessary to achieve the 1.5°C target. SCOR is committed to engaging with policymakers, clients, and other stakeholders to identify and implement the required measures to tackle climate change. Laurent Rousseau, Chief Executive Officer of SCOR, comments: “Collective action is the only way we can address the grand challenge of our time: climate change. SCOR, as a Tier 1 global reinsurer, is proud to be a founding member of the NZIA, working alongside other industry leaders to support the transformational changes that are most critical. In doing so, we commit to accelerating the race to net-zero and furthering SCOR’s long-term mission of protecting people and societies around the world.” Click here to read the official press release by the NZIA.

https://www.scor.com/en/press-release/scor-builds-its-climate-leadership-co-launching-net-zero-insurance-alliance-and

Skip to main content Watch every Premium Live Event and get unlimited access to WWE's premium content - available to you anywhere, anytime, on any device. Sign up for Peacock to watch. Plus, get every WWE Premium Live Event, your favorite shows, new movies, live sports, and more. Visit Sony LIV to sign in or sign up and enjoy WWE's premium content. Watch every Premium Live Event and enjoy some of your favorite WWE content on Shahid. Watch every Premium Live Event and enjoy some of your favorite WWE content on Disney + HotStar. Watch WrestleMania and other WWE Premium Live Events on Flow. Sign up for BINGE to watch. Plus, get every WWE Premium Live Event and the world’s best TV and movies Time and location Thursday, Apr 3 | 10:30/9:30 PMC Where to watch Kofi Kingson goes one-on-one with 3MB's Heath Slater just days before they both compete in the Andre the Giant Memorial Battle Royal. "WWE Superstars" results: April 3, 2014 Check out photos from "WWE Superstars." Catch "WWE Superstars" Thursdays at 10 p.m. ET on WWE Network. Watch "WWE Superstars" replays | Get WWE Network

https://www.wwe.com/shows/wwesuperstars/2014-04-03

You can send us your e-mail address by filling out the form below. Get a Quote by Phone You can always call us by phone and get information... Get Offer By E-Mail You can always reach us by e-mail and get information... You can contact us via WhatsApp. Gintaş Insurance and Brokerage Services We have all the equipment required by our job, with our expert staff and long years of experience in the insurance industry. Our main focus is to provide the highest level of service by combining this experience with the needs and expectations of our customers in the insurance field. Gintas Insurance and Brokerage Services The definition used as “participation” or “takaful” insurance is mostly used as participation insurance in Turkey. ‘Takaful’, which comes from Arabic, means “to give mutual guarantees”, “to guarantee each other”. The main purpose of this insurance is to bring together the insured with the aim of mutual aid and solidarity and to use the collected contributions by the persons exposed to the risk. OUR VALUES AND Our main focus is to provide the highest level of service by combining our experiences with the needs and expectations of our customers in the field of insurance. While doing this, we do this by paying attention to our values and principles.

https://gintassigorta.com/?lang=en

In this session moderated by Desiree Patno, CEO & President of NAWRB, panelists Michelle Hollis, Director, 6th Street Consulting; Laura Hartsgrove Baker, Sales Director, Herbert H. Landy’s Insurance Agency; and John Moon, District Manager, Community Development, Federal Reserve Bank of San Francisco gave their unique insights into the four main pillars of NAWRB’s Small Business Sustainability Care Package, including: cybersecurity, insurance with crime prevention and employee dishonesty riders, vetting financial institutions, and payroll alert/assistance. a Human Touch The Perfect Balance The Landy Insurance Agency is a NAWRB strategic partner and steadfast supporter of our mission to provide women and women-owned businesses the tools and awareness for growth and success. Dedicated to providing their clients with the utmost service, Landy is experienced in recognizing pertinent industry issues, developments and initiatives. One of the newest topics Landy is working to address is the use of drone technology in the real estate industry. Discover the ways in which drones are changing the industry and what you can do to protect your business when utilizing today’s latest technology. Drone technology may be more than a fad but rather, an exciting new tool for many real estate professionals to survey, assess and show properties. Laws around drone use are still in developmental stages, if in existence at all. Similarly, drone usage in real estate is new and untested. What is clear is that real estate professionals can put themselves at risk through the use of drones, and the insurance industry has not yet formulated a cohesive response to coverage. Therefore, current policy coverages and exclusions will need to suffice until drone usage is more specifically addressed in E&O and General Liability policies. Continue reading → Riddled with countless financial setbacks, Ocwen was dealt another heavy blow with a $140 million class action settlement that must be paid by both Ocwen and Assurant Inc. to homeowners who were given inflated premiums for force-placed insurance.

http://www.nawrb.com/tag/insurance/

CHICAGO--(BUSINESS WIRE)--Launching today, emerging InsurTech innovator Obie unveiled its new insurance offering, specifically targeting landlords and investment property owners. Obie’s instant quote platform for landlords, the first of its kind, delivers the coverage these small businesses need through a dramatically improved, data-rich process. The company’s innovative technology and approach means Obie’s policyholders can save up to 25-30% off their existing insurance premiums. Starting today, Obie’s property and casualty insurance is now available in all 50 states. Additionally, Obie disclosed that it has raised $10.7 million in Series A funding to fuel rapid growth. The round was led by global investment firm Battery Ventures, with General Partner Michael Brown joining Obie’s board of directors. Thomvest Ventures (the investment management firm of the Thomson family) also joined the round, in addition to previous investors Funders Club, MetaProp, and Second Century Ventures. Funding comes as Obie has secured insurance for over $3 billion in property over the past year. “The number of small, hobbyist landlords and property investors is growing at an impressive rate, yet nothing exists in this space to provide them with the quality insurance coverage they need to safeguard their investments,” said Brown. “When we saw what the Obie team had built, we were immediately struck by how their technology didn’t just slap a band-aid on traditional approaches to insurance coverage; it brings intelligence and simplicity to the process to match each policy application to the ideal carrier for respective risk factors. This results in a win for all parties.” Better Options for Rapidly Growing Market Segment Obie was created to provide a simple, affordable, and transparent insurance experience for clients and their investment properties, with a particular focus on the 11 million small-to-medium size apartment landlords who own single family rentals and/or larger apartment buildings. Based on their work in real-estate private equity and insurance, Obie co-founders Aaron and Ryan Letzeiser recognized that despite being the largest class of real estate investors in the U.S, this group is significantly underserved. They are too small for larger brokerage houses, while the smaller, independent insurance agencies are generalists with only limited carrier partners that specialize in this type of risk. As a result, landlords get bad pricing and limited coverage, after enduring a lengthy and antiquated application process. Obie remedies this by offering a consumer-friendly approach that matches the expectations of the digital world. The company replaces an opaque, email-based insurance acquisition process, where landlords are forced to fill out PDFs and spreadsheets before waiting more than a week to even receive a quote, with a short online questionnaire. Landlords and property investors then can get the coverage that fits their specific needs in less than five minutes. “The impact of insurance premiums on real estate investors’ bottom line and the overall value of the asset is significant, yet the process of securing proper coverage has always been a bit of a black hole,” said Obie Co-Founder and COO Aaron Letzeiser. “Obie changes this. We built technology that makes securing insurance the least of a landlord’s worries. Now purchasing insurance is quick, easy, and extremely cost efficient, and with Battery’s support we can scale even faster to meet the needs of this growing market.” Leveraging Technology to Reinvent Insurance When landlords and property investors come to Obie, the platform walks them through a short series of questions and provides an instant quote that, once accepted, can be immediately underwritten. Obie is able to do this by extracting a few key data points from client responses, which its technology then enriches with dozens of public and privately available data points to eliminate the constant back-and-forth that normally occurs between a real-estate investor and an insurance agent. Obie’s platform analyzes over 50 novel and unique underwriting data points, which include things like the proximity of the landlord to the property, as this is often a great indicator of proactive and preventative maintenance as well as attentiveness to tenant issues. Once Obie runs its analysis, the platform uses a proprietary algorithm to match an application to carriers based on the risk-appetite profiles that carriers have at any given point in time. For example, this could include things like writing properties in hurricane zones or excluding those that don’t want to write any policies this quarter for properties built before 1980. By targeting carriers accordingly, Obie is able to deliver the right level of coverage for a dramatically lower cost than other brokerages, which is particularly important for landlords who have been hit by rent uncertainty amid the COVID-19 pandemic. “I had been using the same brokerage for years, but by managing my portfolio on Obie, I was able to easily request new quotes that saved me more than I ever would have expected on my existing premium-- something my old brokerage wasn’t able to do,” said Doug Hirsh, an Obie customer. “That kind of instant savings substantially increases IRR and cash-on-cash returns. Using Obie has been a no-brainer. I couldn’t be happier with the entire experience and level of coverage.” To use Obie to make sure that you’re covered and your investment is protected, go to www.obierisk.com. Obie is on a mission to provide a simple, affordable, and transparent experience for clients and their investment properties. Its technology guarantees industry-best rates for the property and casualty plans that are right for clients, ensuring that they, and their investments, are protected. Obie is now available to landlords and property investors in all 50 states. Learn more at www.obierisk.com.

https://www.businesswire.com/news/home/20210526005721/en/Technology-Company-Obie-Launches-to-Reinvent-the-Investment-Property-Insurance-Process-Saving-Landlords-and-Real-Estate-Investors-as-Much-as-30

(Ad for pensions, one of Friends First’s product lines. Source: Friends First.) Friends First, a Dublin-based insurer over $4.5 billion in assets under management, has upgraded to FINEOS Version 8. The insurer executed the upgrade primarily using internal resources, according to a vendor statement. Friends First is one of Ireland’s most established life assurance companies with more than 200,000 customers in Ireland. The company is fully owned by the Dutch Insurance Group, Achmea, the largest provider of non-life, health and income protection insurance products in the Netherlands and also a leading provider of life and pensions. “The project was a testament to the hard work of the Friends First team and their commitment to providing the very best claims service to our customers,” comments Lisa Feely, COO Friends First. Friends First uses FINEOS Claims to manage all stages of the claims and payment processes for its Income Protection lines of business. The company also uses FINEOS Claims to manage aspects of its Hospital Cash and Critical Illness claims processes. FINEOS says that the rules and automation in the FINEOS Claims system offers timely triggers and activities to enable a more proactive approach to claims handling resulting in better management of back to work goals for the policy holder. “We are pleased with the continued strong customer demand for FINEOS Version 8,” comments Michael Kelly, CEO, FINEOS. “In today’s competitive customer-centric carrier world there is increased pressure to keep up with digital technology to improve the customer experience. In addition, insurance carriers realize the importance of keeping in line with their vendors’ latest product releases to ensure they maximize the benefit of the ‘base’ product, while minimizing their Total Cost of Ownership. Not only does this show the value our customers place on our new FINEOS features and enhancements, it also underlines the ease with which customers can upgrade.”

https://iireporter.com/friends-first-upgrades-to-fineos-v8/

Jonathan Hewett, CEO of the motor insurer-funded automotive research firm Thatcham Research, issued this warning. According to him, the lack of "insight and understanding" about the cost of repairing damaged EV batteries leads to increased insurance premiums. In some cases, it has even led insurance providers to refuse whole vehicle coverage for EVs. While EV owners are burdened with insurance costs, with some quotes exceeding £100 ($122.90) per week and reports of premiums doubling or even tripling compared to 2022, insurance providers like John Lewis Financial Services (JLFS) and Aviva have already stopped offering car insurance to EVs. Aviva temporarily withdrew insurance products for the Tesla Model Y earlier this year before reinstating them, while JLFS stopped entirely after its underwriter Covea assessed the risks and costs. (Related: Electric cars lose value TWICE as fast as gas vehicles, study finds.) A report by the Association of British Insurers (ABI) appeared to back up Hewett's warning. Its report said the costs of EV battery repairs increased by 33 percent in the first quarter of 2023, compared to the same period in 2022. This increase contributed to record-high annual premiums. Moreover, the average insurance costs for EVs surged by 72 percent in September 2022. This far outpaced the 29 percent increase for gasoline and diesel vehicles. Government guidelines calling for EVs with damaged batteries to be "quarantined" at least 50 feet apart in repair yards to mitigate the risk of battery-related explosions also contribute to this risk. Based on estimates by Thatcham Research, insurers need to invest an additional £900 million ($1.1 billion) per year in quarantine facilities by 2035. These changes would add £20 ($24.60) per year to all car insurance premiums. Meanwhile, top mechanic and vlogger Scotty Kilmer disclosed that the U.K. has a shortage of skilled EV technicians. He predicted that the country could face a shortage of around 25,000 EV technicians by the end of the decade, potentially leaving electric car owners without access to necessary repairs. Kilmer pointed out in a video on his YouTube channel that EV technicians are at risk when they repair electric cars. To make things worse, their compensations does not equate with the danger they face. "One thing about electric cars, of course, [is] they are high-voltage. They could be 400, 600, 800 volts; they could kill you. Technicians don't usually get paid that well," he remarked. "Why would you want to risk your life? At least when you're working on a gasoline or a diesel car, the electrical power is so low – mainly 12 volts, some 24 volts. It's not going to kill you, but these other ones can." Kilmer noted that the dangers EV technicians face are supported by many incidents of EV batteries catching fire in the years since their release. In 2022, the London Fire Brigade identified e-bikes and scooters powered by lithium-ion batteries as the fastest-growing fire risk in the city, responding to 87 e-bike and 29 e-scooter fires. These incidents usually happen during the "thermal runaway" phase when a battery overheats, which usually ends up in flash fires, explosions and flaming jets that last for up to 49 minutes. "The challenge is that we have no way of understanding whether the battery has been compromised or damaged in any way," said Hewett. "The threat of thermal runaway means that a catastrophic fire can take place if the cells of the battery have been damaged in a collision." Learn the truth about how inefficient and not climate-friendly electric vehicles are at RoboCars.news. Watch this video discussing how electric vehicles are not safe, effective or green. This video is from The Prisoner channel on Brighteon.com.

https://naturalnews.com/2023-11-08-evs-becoming-uninsurable-high-cost-battery-repairs.html

Nice American Insurance coverage and Assurely Supply D&O to Startup Companies The Government Legal responsibility division of Nice American Insurance coverage Group and the insurtech, Assurely, introduced an settlement to supply administrators and officers legal responsibility (D&O) insurance coverage to non-public corporations elevating capital by way of expertise platforms or portals and the web. The goal marketplace for the brand new TigerMark insurance coverage program contains however will not be restricted to companies leveraging the Jumpstart Our Enterprise Startups (JOBS) Act by way of Regulation Crowdfunding (Reg CF). The insurance coverage protects corporations elevating capital and the platforms that assist them whereas additionally offering a profit for his or her buyers. The settlement entails Assurely appearing as managing common agent for Nice American. Jane Kornesczuk, divisional president, Nice American Government Legal responsibility Division, stated Assurely presents a chance for her agency to take part within the “quickly increasing section of small companies that make the most of technology-driven options for his or her capital elevating and insurance coverage buying wants.” This system will not be new. TigerMark has been helping startups and companies seeking to increase capital over the web for the previous two years. Nevertheless, with the Assurely announcement, Nice American stated it expanded this system. “Corporations and tasks elevating capital, their buyers and the net platforms that assist all of them profit from TigerMark,” commented Assurely’s co-founder and chief insurance coverage officer, Ty Sagalow. Tractable’s AI Property Assesses Dwelling Damages From Disasters Tractable, an organization that has been growing synthetic intelligence (AI) for visible evaluation and catastrophe restoration since 2014, launched AI Property, a brand new platform that assesses harm to buildings attributable to hurricanes, floods, and different pure disasters. AI Property permits anybody with a smartphone to evaluate the exterior situation of a broken property via a mobile-friendly, web-based app. That is achieved by taking images and submitting them to Tractable’s AI platform, which goals to mitigate the problem of getting appraisers onsite to evaluate harm within the wake of catastrophe. The AI, which has been skilled on a big database of claims and broken property, makes an instantaneous evaluation of the quantity of harm it sees and relays this to the house owner’s insurer. Tractable has been working in Japan with insurer MS&AD Insurance coverage Group to make use of AI Property to assist householders in Japan through the nation’s 2021 hurricane season. The expertise has already been used to course of actual claims from October’s Hurricane Mindulle. After a hurricane, MS&AD policyholders can use the AI to take footage of excessive frequency, wind-related harm to a fence, wall, or different out of doors space with their smartphone and ship them to their insurer for evaluation. Sooner or later, MS&AD and Tractable anticipate to increase AI protection to incorporate indoor harm, corresponding to water leakage and smoke. For now, MS&AD will use the AI just for wide-area disasters corresponding to typhoons, and the estimates calculated by AI shall be verified by people. Pie Insurance coverage Provides Pay-As-You-Go Function for Employees’ Comp Know-how-enabled employees’ compensation insurer Pie Insurance coverage has launched a pay-as-you-go billing program for its small enterprise prospects. New Pie policyholders will pay for his or her employees’ comp insurance coverage coverage on their particular person payroll cycle, avoiding the necessity for an preliminary deposit. Pie works with prospects and their payroll suppliers to make sure correct premium funds all through a coverage time period. By adopting the pay-as-you-go choice, small companies can cut back upfront prices, enhance general money movement, and simplify their employees’ comp audit expertise, in response to Pie. Pie goals to supply extra inexpensive insurance coverage to small enterprise homeowners. Since 2017, Pie has obtained over $300 million in funding, grown its gross written premium to over $100 million, and partnered with greater than 1,000 companies nationwide. Fascinated with Ai? Get computerized alerts for this subject.

https://merdeka.eu.org/great-american-assurely-offer-d-tractable-ai-assesses-building-damages-pie-offers-pay-as-you-go/

Kennedys Claims Apprentice case study Kennedys is a global law firm providing a range of specialist legal services across industry sectors including insurance and reinsurance, with particular expertise in litigation and dispute resolution, especially in defending insurance and liability claims. Kennedys approached us to create an innovative and impactful campaign to communicate its expertise in the claims sector. What we did In conjunction with Infopro’s market-leading title Insurance Post, the concept of a ‘Claims Apprentice’ series was developed, a take on the hit TV show ‘The Apprentice’, with Kennedys positioned as sponsor and taking the role of mentor to the ‘candidates’ involved. The Ignite team filmed six episodes face-to-face and then remotely, due to Covid-19 restrictions, featuring up-and-coming claims managers taking part in a series of challenges. At the end of the competition one of the contestants was crowned the winner. Each episode was uploaded to the Insurance Post website, attracting thousands of views and a growing audience. With contestants split into two teams, the first task involved recording a podcast on key topical issues such as climate change and the future of work. Both podcasts were also published and promoted as part of the series. At the end of the series the triumphant candidate Kelly Huddleston featured in a winner’s Q&A alongside Suzanne Liversidge, global managing partner at Kennedys, who led the teams and decided the winner. The interview was featured in Insurance Post both online and in print. The project was supported by a targeted marketing campaign across Insurance Post’s media channels, including digital advertising, newsletters and social channels. Following its success, Kennedys is now working with Ignite and Insurance Post on other sponsored content including whitepapers, Spotlight features and videos.

https://infopro-ignite.eb8.infopro-insight.com/claims-apprentice

Recently, the Chongqing Fire Safety Commission launched the theme activity of 2023 Fire publicity month and presented awards for the city's most beautiful fire volunteers and excellent fire volunteer service projects in 2023. Among them, Banan District T3 ride-hailing fire "cloud classroom" volunteer service team was rated as an excellent fire volunteer service team. It is understood that the Chongqing Fire Safety Commission recently launched a typical selection and delivery activity for the city's fire voluntary service in 2023. After local declaration and expert review, 5 excellent fire voluntary service projects and 10 most beautiful fire volunteers were selected from 32 fire voluntary service projects and 48 fire volunteers. Starting from 2020, T3 travel Chongqing Branch has established cooperation with Chongqing Banan District Fire Rescue Detachment to set up a "cloud classroom" for ride-hailing fire fighting. Using each port of T3 travel platform, with the help of human-computer interaction and mobile Internet delivery, the "fire prevention knowledge publicity" is implanted into the system, and the T3 travel fire volunteer service team is set up to form online and offline interaction. At present, T3 Travel Fire Volunteer Service team has more than 1000 volunteer drivers. On this basis, T3 Travel Chongqing Branch regularly organizes fire prevention volunteer drivers to participate in fire safety knowledge training, fire fighting and escape drills, walking into fire stations and other activities to learn fire prevention and escape knowledge and master the use of common fire fighting equipment, so that drivers can increase their fire prevention skills and emergency handling ability in practice, and enhance their awareness of fire safety. Since the launch of the online ride-hailing fire "cloud classroom" project, T3 has carried out offline services nearly 100 times and participated in offline voluntary service for 4000 people. This measure has also enabled more than 40 million passengers in Chongqing to learn about fire services and information. "in Chongqing, passengers can encounter a ride-hailing fire cloud class as long as they take any T3 ride-hailing car. we hope that through an authentic Chongqing fire hint and an interesting fire pop-up window, more drivers and passengers will enhance their awareness of fire safety and self-protection, and contribute to safe travel." In this regard, T3 travel to the western region in charge of Liu Siyuan said. Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends. According to CTOnews.com news on April 10, TSMC today released its March 2023 revenue report. Consolidated revenue in March 2023 was about NT $145.408 billion (CTOnews.com Note: currently about NT $328. At 8 p.m. on October 23, JD.com 11.11 with the theme of "really cheap" is about to open ceremoniously! After JD.com took the lead in launching "8 p.m." in the industry, JD.com carried out a comprehensive upgrade in terms of goods, prices and services. 10 This year's double 11 promotion is coming to an end, but there are still many manufacturers continue to promote the offensive, including gigabytes. The continued compatibility of the 14th-generation Kouri processor with the Z790 platform has given many DIY enthusiasts the power to upgrade, while the ice sculpture is the flagship motherboard of gigabyte. CTOnews.com news on October 28, according to China Railway microplatform news, 03:55 on October 26, X8155 China-Europe train loaded with 50 vehicles of photovoltaic inverters, electric compressors, vacuum cleaners and other household appliances and accessories goods, from which

https://www.shulou.com/a615481

Rebecca Strauss Literary Agent – This article about Literary Agent Rebecca Strauss and DeFiore and Company is part of a series about literary agents and Finding a Literary Agent. Publishing Agent Rebecca Strauss is an agent at DeFiore and Company. Before joining DeFiore and Co., Book Agent Rebecca Strauss was at McIntosh and Otis for seven years where she was an agent and Director of Subsidiary Rights. Prior to M&O, she was a foreign rights associate at Trident Media Group, and a book scout and development assistant at Sony Pictures. She’s originally from Chapel Hill, North Carolina and earned her degree in English Literature from Duke University. Rebecca Strauss Literary Agent focuses on Literary and Commercial fiction, Women’s fiction, Urban Fantasy, Romance, Mystery, YA, Pop Culture and select non-fiction. In all genres, she’s looking for a compelling story and fresh voice. She’s especially interested in emerging writers and developing long term relationships. Rebecca Strauss Literary Agent is on our list of AAR Book Agents (publishing agents who are members of the Association of Authors’ Representatives), Book Agents New York (publishing agents in New York State), Book Agents NYC (publishing agents in NYC), Book Agents USA (publishing agents in the United States), Fiction Book Agents (publishing agents who represent fiction authors), Nonfiction Book Agents (publishing agents who represent nonfiction, not just novels), and Young Adult Book Agents (publishing agents who represent YA books for teens). Rebecca Strauss Literary Agent Biography The profile about Rebecca Strauss Literary Agent that you see here contains some of the information you’ll find in our free Directory of Literary Agents, with literary agent listings for both established and new book agents. Scroll below now to learn more about Literary Agent Rebecca Strauss or click here to get free instant access to our official Literary Agents Directory. Book Genres – Rebecca Strauss Literary Agent Rebecca Strauss Literary Agent represents the following book genres: Representative Sales – Rebecca Strauss Book Agent Scroll below now to view representative titles and a complete profile for Rebecca Strauss FREE in our Book Agents Directory. AAR Status – Rebecca Strauss Publishing Agent Scroll below now to view the AAR status and a complete profile for Rebecca Strauss FREE in our Book Agents Directory. Contact Information – Rebecca Strauss Literary Agent Scroll below now to view the email and postal address for Rebecca Strauss FREE in our Book Agents Directory. Rebecca Strauss Literary Agent Directory of Literary Agents Join thousands of other subscribers today. Simply enter your first name and email address for free, instant access to the Directory of Literary Agents. Get complete access to comprehensive profiles for both established book agents and new literary agents like Rebecca Strauss.

https://literary-agents.com/rebecca-strauss-literary-agent/

The Insurance Institute of Canada has named Olivia Pocol, a 2016 Conestoga Insurance graduate, winner of the Frank Dougan Award. The award recognizes the top graduating student from a full-time insurance program in Canada. Conestoga graduate Olivia Pocol was named Canada's top insurance student by the Insurance Institute of Canada. She received a plaque and cash award at a ceremony on March 9. L - R: Mike Divjak, vice president, Insurance Institute of Canada; Olivia Pocol; and Tom Reikman, president, Insurance Institute of Ontario. Photo credit: Michael Hauck, Viewfinder Photography Pocol was presented with a plaque and cash award of $500 at the annual convocation and awards ceremony for the Institute’s Conestoga chapter, held March 9 at Bingemans. The Institute is a national not-for-profit education and professional development organization that represents more than 39,000 members. It administers the Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designation programs for the general insurance industry. This is the second consecutive year a Conestoga graduate has been named Canada’s top insurance student. Last year, the Institute honoured 2015 Insurance graduate Caesar Martini with the award. Program coordinator and faculty member Glenn Planert described this year as a record-setting season for Conestoga Insurance graduates. In total, 15 Conestoga graduates recently received their CIP designations at events in Kitchener, Toronto, Ottawa and Regina. Jeremy Newman, a 2010 graduate, became the college’s first graduate to receive the FCIP designation. Pocol also received the Conestoga chapter award for the highest grade in the Essentials of Loss Adjusting course, and Martini was honoured with the Rose Bowl Award as the top CIP graduate in the Conestoga chapter. Conestoga’s two-year Insurance - Property and Casualty diploma program prepares students for successful careers as insurance professionals and includes studies in all areas of property and casualty coverage: agency claims, underwriting, marketing and management. Students have the opportunity to gain nine of the ten credits required for the CIP designation from the Insurance Institute of Canada. For more information, visit the Insurance - Property and Casual program page

http://blogs1.conestogac.on.ca/news/2017/04/insurance_institute_names_cone.php

Fire Damage Repair- Hampton, NH Who would have thought that a candle, a cat, and a curtain could do so much damage? The combination of the three did not seem a likely possibility until looking at the situation in hindsight. A major house fire was ultimately the result. A burning candle was knocked over by the house cat. A nearby curtain caught on fire. Half the house was ignited in flames. Smoke billowed from the structure as emergency service personnel battled the raging fire. After what seemed like an eternity, the fire fighters had extinguished the fire. The Hampton, New Hampshire (NH) house was a disaster. Emergency fire damage repair was needed. The Hampton family was left temporarily homeless. Their house was severely damaged by the fire. The cleanup and repair effort seemed daunting. How would they ever recover? They had more questions than answers. They checked into a local hotel and started looking for solutions. One of the first calls they made was to their insurance company. Fortunately they did have proper insurance coverage for a house fire. Their local insurance agent offered counsel. The agent also warned of “fire chasers.” Chasers are fire damage repair companies that listen to emergency service scanners and arrive at the scene of disasters. A fire chaser’s job is to sign up repair work at the scene of a fire. They pursue and pressure distressed homeowners into using their services. The family’s insurance agent advised that they avoid such firms due to their unethical practices. The family was thankful for this warning. The issue of securing and repairing the Hampton home was still at hand. Fortunately, the family soon received a phone call from their insurance adjuster. The adjuster assigned to the fire damage repair claim was very helpful. She calmed the family down and reassured them that everything would be alright. She provided three names of reputable fire damage repair companies. The adjuster advised the family that they could select whoever they wanted for the repairs. The family selected Soil-Away Cleaning & Restoration Services from the list. After a quick call to Soil-Away, the fire damage restoration crew was on the way to Hampton. Soil-Away met the family at their fire damaged home. The fire investigators had just finished their analysis. The Hampton Fire Department had cleared the scene. Fire damage repairs could now commence. One of Soil-Away’s first orders of business was to coordinate the board up and tarping of the structure. They also gave the family an overview of the process. Soil-Away would handle many of the details with the insurance company directly. This would take a lot of the stress of the situation off of the family’s shoulders. They were very appreciative. They were even more appreciative when Soil-Away performed emergency cleaning of some of their smoke damaged clothing. Soil-Away picked up three large laundry bags worth of necessities. The items were cleaned with their Esporta Wash System and returned to the family within 24 hours. This small gesture when a long way in the mental recovery process of the family. For the next three weeks Soil-Away crews dedicated themselves to the Hampton fire damage repair project. Charred and damage building materials were disposed of. Soot and smoke damaged items were cleaned. The entire structure was deodorized. Complete rebuild services were also performed. Twenty-one days from the date of the fire, the family was moving back in. The fire damage repairs were completed. They were whole again. It was a great day for the Hampton family.

https://www.soilaway.com/fire-damage-repair-hampton-nh/

Entire Showroom Of Electric Scooter Catches Fire In This City: Are Electric Scooters Unsafe? Due to the battery fires in electric scooters in last few days, electric vehicle dealership caught fire. In 35 second video that surfaced, we can see that a dealership in Balaghat near Jabalpur in Madhya Pradesh belonging to Ghaziabad based e-Ashwa Automotive caught fire on Thursday. The dealership sells a range of electric scooters and rickshaws. Fire Caused Due To Short Circuit While the staff was trying to rescue the vehicles, one can easily see the blaze and the bursting sound. Short circuit in the electrical socket is the reason for the fire. Company also confirmed that no vehicle was either involved or damaged. “The fire was not on account of any vehicle or any of its components sourced and it was a general incidence of electricity short circuit which although could have turned out to be a fatal accident but due to the immediate attention and action on the part of the owner of the outlet, its staff and neighbouring shopkeeper,” the company said in a statement. “The fire could get controlled within few minutes without much loss to any assets. There was no injury to any of the people present at the site”. It added “Electric vehicles being one of the mega make in India project towards green environment friendly vehicles and is an ambitious project of current Govt, any incidence in such category of vehicle showroom attracts natural attention of all in general and media in particular”. The incident occurred close on the heels of four cases of fire involving scooters from Ola Electric, Okinawa and Pure EV in the last one week. This is also the third incident in the last four months of fire in an EV showroom. In the month of December, fire was reported in a Hero Electric showroom in Vizag. In the month of January, there was fire reported in Ampere Electric showroom in Thanjavur, Tamil Nadu. Due to the increased number of fire incidents, concern on the safety aspects of the new technology has been raised. A team of experts has been constituted by government in order to investigate the fires in Ola and Okinawa scooters.

https://trak.in/tags/business/2022/04/05/entire-showroom-of-electric-scooter-catches-fire-in-this-city-are-electric-scooters-unsafe/

46% of reinsurance market and 37% of industry’s global assets covered by coal exit policies. The number of insurers withdrawing cover for coal has more than doubled in 2019 as the industry’s retreat from the sector accelerates and spreads beyond Europe, the Unfriend Coal campaign reveals today in its third annual scorecard on insurance, coal and climate change. Insuring Coal No More: The 2019 Scorecard on Insurance, Coal and Climate Change is published by 13 civil society organisations from 10 countries. It will be launched to an industry audience at the Insurance and Climate Risk conference in London, as the UN Climate Summit commences in Madrid. Coal exit policies have been announced by 17 of the world’s biggest insurers controlling 46.4% of the reinsurance market and 9.5% of the primary insurance market. Most refuse to insure new mines and power plants, while industry leaders have ended cover for existing coal projects and the companies that operate them, and adopted similar policies for tar sands. Insurers have also divested coal from roughly $8.9 trillion of investments – over one-third (37%) of the industry’s global assets. To date, at least 35 companies have taken action, up from 15 companies with $4 trillion assets under management in 2017 and 19 with $6 trillion in 2018. Nearly 1,000 planned new coal plants will undermine international climate targets The UN’s Intergovernmental Panel on Climate Change has warned that warming beyond 1.5°C will have devastating environmental, social and economic impacts. Yet in July 2019, 2,459 coal plants with a combined capacity of 2,027 gigawatts were in operation, and another 980 with a combined capacity of 925 gigawatts were planned or under construction. The scorecard ranks 30 leading insurers on their action on coal and climate change, assessing and scoring their polices on underwriting, divestment and other aspects of climate leadership. It is based on responses to a survey from 24 of these companies and on publicly available information. Coal projects suffer as insurance market shrinks Insurer action on coal is causing tangible impact; insurance brokers report that the cost of insuring coal is increasing as the market shrinks. In September 2019, UK broker Willis Towers Watson described an “increasing and worrying trend for insurers to withdraw from what they consider to be environmentally unfriendly industries such as coal”, warning that this trend “leaves very few primary markets for coal miners to turn to”. Several coal companies have confirmed that a shrinking insurance market is affecting their operations. In Australia, the Adani Group is struggling to find insurance to develop the huge Carmichael mine, which would produce 4.6 billion tonnes of carbon dioxide over its lifetime. At least 16 international insurers have ruled out underwriting the project. The full scoring information for the 30 insurance companies is available here.

https://global.insure-our-future.com/2019-scorecard/

Brandt & Hochman Literary Agents, Inc. is a full-service literary agency whose work representing authors’ interests has spanned most of the 20th century and continues in this digital age. We aim to give our select list of clients every benefit of our experience and expertise in shaping their writing projects, negotiating their contracts, and increasing their visibility throughout the world. Founded by Carl Brandt as an adjunct to the Mary Kirkpatrick Dramatic Agency around 1913, the agency’s original roster of literary clients included the bestselling authors of the time. A succession of family members culminating in Carl Brandt’s son, Carl D. Brandt, expanded the firm to Brandt & Brandt Literary Agents, Inc. In 2001, Gail Hochman became president of Brandt & Hochman Literary Agents, Inc. Currently, our staff of senior agents and developing younger agents handles a wide-ranging roster of writers in numerous genres, from literary fiction and memoir to mystery and thriller to history/biography and narrative non-fiction, as well as children’s books. We represent classic titles which have been in print for decades as well as a list featuring 40 to 50 new titles each year. Enter your information in the form to the right for FREE INSTANT ACCESS to the Directory of Literary Agents™. It’s the most comprehensive (and accurate) list of literary agencies in the world, with detailed profiles for more than 1,100 literary agents. Scroll below to see a sample. Brandt & Hochman Literary Agents – Profile Sample Directory Listing Below As soon as you enter your name and email address to the right, you’ll be able to see complete profiles for every literary agent at Brandt & Hochman Literary Agents (and every other literary agency). Sample directory listing: Brandt & Hochman Literary Agents – Get Instant Access Get FREE Access Now to All Brandt & Hochman Literary Agents Profiles! If you want the most accurate information available for literary agents at Brandt & Hochman Literary Agents, register above now for FREE instant access to the Directory of Literary Agents™. As soon as you register you’ll get instant access to the following: * Agent bios for all agents at Brandt & Hochman Literary Agents * AAR membership status * Personal email addresses * Mailing addresses * Agent photos * Preferred query letter methods (email, online form, postal mail) * A link to the Brandt & Hochman Literary Agents website * A map to the office of Brandt & Hochman Literary Agents * Access to all literary agent profiles in the Directory of Literary Agents™ (1,100+) * Search the directory by book genre/category (more than 100 categories) Warning! – Brandt & Hochman Literary Agents Most literary agency directories (print and online) are outdated, incomplete, and riddled with mistakes. If you rely on those directories to find literary agents at Brandt & Hochman Literary Agents, you’re going to hurt your chances of getting an agent to represent you. Scroll back up to the top of this webpage now to enter your name and email… for FREE information and listings for all book agents at Brandt & Hochman Literary Agents.

https://literaryagencies.com/brandt-hochman-literary-agents/

TUESDAY, FEBRUARY 6, 2024 Protecting your grocery patrons is an important part of your business. But, protecting your employees should be an equally important task. Without proper protections, grocery store employees face risks that could impact their safety. If employees face risks, then so does the business owner. Protect Grocery Store Employees with Employee Liability Insurance Sometimes, unfortunate accidents happen. Store clerks may fall stocking shelves, or cut their hands at the butcher’s block. Injured employees may have to miss work as they recover or seek treatment for injuries. Often, the law requires grocery store owners to provide injured or sick employees with workers’ compensation. Workers’ comp provides employees with income while they are out of work. Employee liability insurance is often called workers' compensation insurance. Employee liability insurance can help grocery store owners cover these workers’ compensation costs. This insurance helps make sure an employer doesn’t suffer financially when having to pay. Take Precautions in Your Grocery Store Even though you have workers’ compensation insurance, that’s not all you need to do to protect your employees. If a store owner neglects to contain potential risks to employees’ safety, the insurance company might use this negligence as the basis to deny a claim. Grocery store owners must take steps to ensure the safety of their employees: Make sure that any new employee has the qualifications and training to do their job. Only allow store employee to undertake tasks they have trained to do. - Don’t allow inexperienced employees to carry heavy loads or operate sensitive equipment like forklifts or butcher materials. - Follow all regulations regarding employee sanitation and safety. This will prevent you from exposing employees to any health risks. - Keep employee-only areas clean and free of injury risks. Take note of things like puddles or damaged lounge furniture. Isolate damages or safety threats and close that area. Have the damage repaired immediately. The same goes for the rest of the business. - Teach employees to handle and store inventory safely. Employees must use all necessary sanitation protection when working with sensitive items. When stocking the store, make sure employees know how to correctly manage inventory. Creating a safe environment for your employees. That way, you enable them to come to work with a low risk for injury or illness. By protecting employees you will also protect patrons who expect to shop in a safe environment. With the correct workers’ compensation insurance, you can protect your grocery store in case an unfortunate accident does happen to an employee. Let Texas Risk Solutions get you the grocery store insurance policy you need to protect your employees. Go online now for a fast, free quote on a policy. Give us a call at 210-426-3053 with any questions. Posted 2:24 PM Post a Comment Required (Not Displayed) All comments are moderated and stripped of HTML. NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.

https://www.txrisksolutions.com/blog/guarding-against-slip-and-fall-risks-for-grocery-employees.aspx

Innovative “one level up/down” outpatient coverage and a new digital platform deliver adaptable and inclusive options to customers HONG KONG SAR – Media OutReach – 18 October 2021 – MSIG Insurance (Hong Kong) Limited (“MSIG”) today announced its SME Group Medical Insurance plan (“the plan”) targeting SMEs with flexible coverage options as well as MediGo, a new digital portal for onboarding and policy management. Drawing from its experience providing health and commercial insurance, MSIG designed the plan to meet the unique needs of SMEs in today’s fast changing digital business environment. The plan offers six levels of coverage – from essential to premium – to ensure every employee can have the right level of benefits. MSIG has also developed an innovative “one level up/down” feature that allows employers to choose one of three levels of Optional Outpatient Benefits corresponding to each hospitalisation plan. This empowers SMEs to provide groups of employees with tailored cover appropriate to their needs. As the next stage in its digitalisation programme, MSIG has also launched the MediGo portal which offers online access for the convenience of both employees and employers. Specially designed features mean that users can easily manage their SME group medical policies and benefits. Employees can now find panel doctors, submit and track claims, upload documents, access digital medical cards and monitor their benefits, all in one place. Employer services have also been enhanced to include online inquiries and 24/7 access to policy details and member information. In due course all MSIG group medical insurance customers will be able to enjoy the benefits of MediGo as it is rolled out to MSIG healthcare customers. Philip Kent, Chief Executive Officer of MSIG, said: “The SME community in Hong Kong is a critical part of our economy and presents a significant opportunity for insurers. We have designed our new SME group medical plan and medical portal to deliver sophisticated employee benefits that are easy to administer – so they can stay focused on growth and development. Our unique insight into SME businesses is based on our long experience serving the health and commercial insurance customers and we are excited to offer a plan that is both flexible and at the digital cutting-edge.” The plan offers premiums that have been tailored to the needs of dynamic, young SME businesses whose demands are constantly evolving. Prices are based on the age of each insured employee and their dependants, using 5-year age bands – an approach that suits the way SME teams grow and develop. Employers can tailor their policies with optional coverages, including Supplementary Major Medical, Dental and Personal Accident Benefits. MSIG has also introduced a simplified application process, waiving individual health declarations for companies with six or more employees. Additionally, insured staff and their dependants can enjoy direct billing services from a network of over 2,600 outpatient General and Specialist Practitioners via the MSIG Digital Medical Card. About MSIG Insurance (Hong Kong) Limited (“MSIG”) MSIG is a subsidiary of Mitsui Sumitomo Insurance Company, Limited within the MS&AD Insurance Group, Asia’s leading general insurance brand with presence in 46 countries and regions globally. The Group is amongst the world’s top 10 non-life insurance groups based on gross revenue*. It is the number one Japanese insurer with an A+ Stable credit rating. With over 40,000 employees world-wide, Mitsui Sumitomo Insurance Company, Limited is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, Mainland China, Korea, India and Taiwan. MSIG offers a wide range of solutions and services through an extensive distribution network including agents, brokers, and bancassurance alliances with leading banks. It has been providing general insurance solutions to customers in Hong Kong for more than 160 years, dating as far back as 1855. *2021 Fortune Global 500, Property & Casualty Insurance Category

https://tech-space.africa/msig-introduces-sme-group-medical-insurance-plan-focusing-on-flexible-coverage/

MākuSafe® on Insurance Innovators Unscripted Podcast August 6, 2018 MākuSafe® is grateful to sit down with Abel Travis, host of Insurance Innovators Unscripted Podcast and Director of Innovation for AF Group. Follow the link below to listen on his podcast site or download. From insuranceinnovators.co – EP 045: GABE GLYNN – MākuSafe® – INNOVATING WEARABLES TO CREATE A CULTURE OF SAFETY On this episode of the Insurance Innovators Unscripted Podcast, I speak with Gabe Glynn, CEO of MākuSafe, a company developing wearable technology paired with a powerful data analytics system for the labor-worker industries like manufacturing, agriculture, and logistics, focused on worker safety and productivity through the real-time measurement of workplace conditions and hazards. On this episode, we discuss: - Machine Learning To Process High Impact Trends - Building a Culture of Safety - Processing Data to Suggest Remediation Actions - Innovating Wearables - Using Sensor Technology to Drive Safety Click below to listen to the interview on Insurance Innovators Unscripted Podcast site or download. About ABEL TRAVIS – Abel has more than a decade of experience in the Insurance Industry. He currently serves as the Head of Commercial Lines Product Management for a large insurer. His deep technical expertise in Product Management, Research, Strategy and Development saw him lead the development and design of Catastrophe Strategy and some of the most successful Products in the industry. Abel has a deep passion for educating on insurance innovation and is committed to changing the way people think about the insurance industry. The Insurance Innovators Unscripted podcast aims to educate, inspire and drive industry innovation.

https://makusafe.com/news/makusafe-on-insurance-innovators-unscripted-podcast/

In a world marked by constant evolution, the insurance industry stands as a dynamic entity, subject to the ebb and flow of transformative forces. As the tides of change sweep through technological landscapes, regulatory frameworks, economic climates, and societal structures, the imperative for policyholders to adapt their insurance portfolios becomes increasingly apparent. This journey, akin to “Riding the Waves of Change,” serves as a compelling narrative that underscores the necessity of proactive portfolio management. In this exploration, we delve into the nuanced art of adapting insurance portfolios over time, navigating through the intricate currents of transformation that shape the insurance landscape. Understanding the Waves of Change Within the context of insurance dynamics, a nuanced comprehension of the multifaceted waves of change is paramount. These waves, propelled by technological advances, regulatory shifts, economic fluctuations, and societal trends, collectively sculpt the ever-shifting landscape of the insurance industry. Delving into this complexity requires a discerning eye to identify key factors steering the trajectory of insurance markets. By acknowledging the dynamic interplay of these elements, individuals can grasp the impetus for strategic adjustments within their insurance portfolios. It is within this realm of understanding that the true essence of adapting to change in the insurance domain unfolds. Building a Solid Foundation Establishing a resilient insurance portfolio necessitates the construction of a steadfast foundation. This foundational phase involves a thorough examination of existing insurance needs and coverage, providing a comprehensive view of the risk landscape. With an eye toward the future, individuals must articulate long-term goals and define their tolerance for risk. Crafting this robust base allows for the informed selection of insurance products tailored to current circumstances. It is through this deliberate and introspective process that a solid foundation is laid, setting the stage for a portfolio that can flexibly adapt to the shifting currents of the insurance environment over time. Riding the Technological Wave Navigating the insurance landscape in the modern era demands a deliberate embrace of the technological wave. This involves immersing oneself in the realm of Insurtech innovations, where cutting-edge advancements such as artificial intelligence, machine learning, and blockchain applications redefine the contours of risk management. Integral to this journey is the integration of digital tools that streamline policy management and claims processing, fostering efficiency and responsiveness within the evolving technological currents. The ability to ride this technological wave is not merely a strategic choice but a necessity for those seeking to fortify their insurance portfolios against the unpredictable tide of industry transformation. In the intricate world of insurance, a successful journey involves adeptly navigating the regulatory currents that shape the industry. Staying attuned to the pulse of evolving regulations is essential, requiring a continual commitment to understanding and adapting to the legal frameworks that govern insurance practices. This intricate dance with regulatory currents involves not only compliance but also leveraging changes as opportunities for optimizing and refining insurance portfolios. The capacity to navigate these regulatory waters adeptly ensures that insurance strategies remain not only legally sound but also strategically aligned with the broader currents shaping the industry’s regulatory landscape. Economic Tides and Portfolio Adjustments As participants in the insurance realm, individuals find themselves intricately connected to the undulating economic tides. This connection requires a heightened awareness of the economic currents that influence insurance markets. Adapting insurance portfolios to these shifts involves a deliberate and ongoing assessment of economic trends. This nuanced approach empowers policyholders to make strategic adjustments to coverage, aligning their portfolios with the prevailing economic climate. The task extends beyond mere adaptation; it entails a proactive diversification of investments within insurance portfolios, ensuring resilience against the unpredictable surges and recessions that characterize economic landscapes. In essence, navigating these economic tides demands a dynamic and strategic approach to portfolio management. Social and Demographic Swells In the intricate tapestry of insurance, there exists an undeniable interplay between the industry and the social and demographic swells that shape our societies. Understanding and responding to these shifts are essential components of effective insurance portfolio management. Social dynamics, marked by changing lifestyles, preferences, and values, play a pivotal role in influencing insurance needs. Similarly, demographic trends, such as aging populations or shifts in family structures, contribute to the evolving landscape. Adapting insurance coverage to align with these societal currents requires a thoughtful and responsive approach. It is in recognizing and addressing these social and demographic swells that insurance portfolios can be finely tuned to meet the diverse and evolving needs of policyholders. Periodic Portfolio Reviews A crucial element in the ongoing narrative of insurance portfolio management is the commitment to periodic reviews. These reviews serve as a strategic checkpoint, offering individuals the opportunity to evaluate the effectiveness and relevance of their insurance portfolios. By establishing a routine for these assessments, policyholders can ensure that their coverage aligns seamlessly with evolving needs, risk appetites, and external influences. This process is not merely about scrutiny; it is a proactive engagement with the ever-changing currents of the insurance landscape. Periodic portfolio reviews become a dynamic tool, allowing for adjustments, optimizations, and the identification of potential cost-saving measures, ensuring that insurance strategies remain agile and resilient in the face of the unfolding story of change. Case Studies: Successful Adaptations Embarking on a journey through the annals of insurance portfolio management unveils a compelling chapter filled with real-world stories of successful adaptations. These case studies serve as illuminating narratives, showcasing instances where individuals navigated the complex currents of change with foresight and strategic acumen. Examining these tales reveals the tangible benefits and lessons gleaned from proactive adjustments in response to technological advancements, regulatory shifts, economic fluctuations, and societal transformations. As we conclude this exploration into the dynamic realm of insurance portfolio management, the narrative of “Riding the Waves of Change” emerges as a testament to the resilience and adaptability required in today’s insurance landscape. Through the intricacies of technological innovation, regulatory compliance, economic shifts, and societal dynamics, we have witnessed the imperative for strategic adaptation. The metaphorical journey undertaken underscores the need for individuals to construct a steadfast foundation, navigate technological and regulatory currents, and adeptly respond to economic and societal swells.

https://moviesmon.in/riding-the-waves-of-change-adapting-your-insurance-portfolio-over/

The term ‘Insurtech’ is coined from the combination of two words ‘Insurance’ and ‘technology’. Insurtech is the use of technological innovations designed to make the current Insurance model more efficient.The term “Insurtech” also refers to companies that use technology to innovate and disrupt the Insurance industry. It is the intersection of ‘Insurance’ and ‘Technology.’ It has gained popularity as a result of new, disruptive companies and products that capitalize on the deficiency of older, established providers.According to Agusto & Co., the Nigerian Insurance Industry’s gross premium income (GPI), increased by 15 per cent year on year to 592.3 billion in the fiscal year 2020. With the emergence of growth in the Insurance industry there is a need to harness tools that aid the development of the Insurance industry.Many customers are dissatisfied with traditional insurance models’ slow, stringent processes, and they frequently choose not to purchase Insurance policies. People in modern society want to be able to buy travel insurance, life insurance, health insurance, property insurance, and other products with the tap of a finger on their devices, rather than having to sift through stacks of forms. Insurtech startups are aware of this and have developed a method, for people to obtain easily accessible and ultra-customized insurance policies.

https://omaplex.com.ng/insurtech-and-the-nigerian-insurance-industry-emergence/

A founding partner at Gibbs Law Group, Eric has negotiated groundbreaking settlements that resulted in meaningful reforms to unlawful business practices. He was recently recognized as California Lawyer Attorney of the Year and was named to the Top Plaintiff Lawyers in California for 2019. Fireman’s Fund Insurance COVID-19 Denials Lawsuit Investigation Did Fireman's Fund deny your business's claim for coronavirus losses? In their time of need, many small business owners aren’t getting help from the insurance companies they bought policies from. Fireman’s Fund has allegedly denied or discouraged claims for losses from coronavirus. But the law says they don’t get the final word. A denied claim isn’t the end of the line. Our law firm can still help. Fireman's Fund deny your claim? You may still be able to get coverage. Our attorneys can review your policy, free. I'm not sure if I'm insured with Fireman's Fund; do they go by other names? Fireman’s Fund Insurance Company (FFIC) is now a subsidiary of Allianz Global Corporate and Specialty (AGCS). Since being acquired by Allianz, Fireman’s Fund continues to offer commercial property insurance in California. Other Fireman's Fund Lawsuits On April 29, 2020, Fireman’s Fund parent company Allianz was sued in Canada by a Toronto area restaurant owner after it denied his business interruption claims. On May 5, 2020, Fireman’s Fund parent company Allianz faced a group action in the U.K. by restaurants and leisure groups over denied coronavirus-related claims. Fireman's Fund and COVID-19 coverage In March of 2020, Fireman’s Fund parent company Allianz Global Corporate and Specialty issued a letter on its website to its clients and business partners. At first, the letter vaguely says its insurance products “may or may not provide coverage for a range of exposures potentially arising out of infectious disease outbreaks,” but it goes on to declare that “infectious disease is usually not a covered peril.” Below that letter, in a separate advisory notice to policyholders, Allianz insists: “Events that are not listed on, or not described in, the policy are typically not covered.” However, this gets insurance law completely backwards. The burden is on insurers to state exclusions clearly and upfront. Also, even if a policy contains exclusions for virus or civil authority closures, the policyholder may still be covered for losses from COVID-19. According to a principle in insurance law called the reasonable expectations doctrine, it’s not just the text of the contract that matters, but also the reasonable expectations of the policy holder. So if there is some ambiguity in the policy, some courts use this principle to rule in favor of more coverage rather than less. Insurance companies may want you to think the issue is cut and dried, but the truth is, in our legal system, the insurance company does not get the final say; judges get to decide what is covered under an insurance policy. If you want to do all you can to get coverage, it’s worth having an attorney take a closer look. Insurance Coverage Denied Due to COVID-19? Andre represents plaintiffs in high-stakes complex litigation and appeals in state and federal courts throughout the country. He has authored briefs filed in the U.S. Supreme Court and received the California Lawyer Attorney of the Year Award in 2019. Amy Zeman represents clients in a wide variety of complex litigation, with experience working closely with class representatives and consumer contacts. She uses her prior career experience as an accounting/ compliance manager in the financial services sector to identify and investigate fraud claims. As Managing Partner of The Lesser Law Group, Don has represented hundreds of policyholders, agents and brokers and insurers for over 35 years concerning a wide range of insurance products and coverage issues, including claims disputes. He has obtained over $50 million in insurance coverage for his clients and brings an uncommon depth and breadth of experience in insurance law. Andrew is a Partner at Cohen Milstein and the Co-Chair of the firm’s award-winning Consumer Protection practice group. Mr. Friedman is a nationally recognized leader in the area of complex, multi-state lawsuits against major insurers, credit card companies, and other manufacturers and service providers. Geoffrey leads Cohen Milstein’s Business Interruption Insurance team. As a Partner and a member of the Consumer Protection practice group, he specializes in complex litigation involving false advertising, fraud, and other forms of unfair business practices at the hands of insurance companies, banks, health care companies, and others. Victoria is a Partner at Cohen Milstein and Co-Chair of the firm’s Public Client practice. She represents clients in civil law enforcement investigations and litigation involving consumer protection, fraud, and other areas of enforcement. Eric A. Kafka Eric is a member of Cohen Milstein’s Consumer Protection practice. He also serves on Public Justice’s Class Action Preservation Committee. Karina G. Puttieva Karina is a member of Cohen Milstein’s Consumer Protection practice and focuses on litigating class actions on behalf of consumers who have been harmed by large corporations. About Our Award-Winning Legal Team We have assembled a coalition of two prominent law firms – Gibbs Law Group and Cohen Milstein Sellers & Toll – with expertise in successfully litigating insurance fraud claims and other complex litigation. Spanning from the east to west coast, our firms have earned numerous awards for our innovative strategies and relentless efforts to advance and protect plaintiffs’ rights in complex cases, class actions and individual litigation. Our clients benefit from our size and resources. Our attorneys have litigated against some of the largest corporations in the world, and we have recovered billions of dollars on our clients’ behalf. Together, our team is committed to going above and beyond for our clients as we strive to protect their rights. Gibbs Law Group Gibbs Law Group is a California-based law firm committed to protecting the rights of clients nationwide who have been harmed by corporate misconduct. We represent small businesses, individuals, whistleblowers, and employees across the U.S. against the world’s largest corporations. Our award-winning lawyers have achieved landmark recoveries and over a billion dollars for our clients in high-stakes complex lawsuits and individual cases involving consumer protection, data breach, digital privacy, and federal and California employment lawsuits. Our attorneys have received numerous honors for their work, including: - Daily Journal, “Top Boutique Law Firms in California” (2019) - Law360, “Titans of the Plaintiffs Bar- Eric Gibbs” (2019) - Law360, “Class Action Practice Group of the Year” (2020) - Daily Journal, Two “California Lawyer Attorney of the Year (CLAY) Awards” (2019) - Daily Journal, “Top Plaintiff Lawyers in California- Eric Gibbs” (2019, 2016) - Best Lawyers in America (2012-2019) Cohen Milstein’s award-winning Consumer Protection practice is at the forefront of representing individuals, retailers, restaurants, and other small businesses in insurance fraud and coverage litigation, having litigated individual and class action lawsuits against many of the leading health, life, and property and casualty insurance companies before state and federal courts across the United States. We have received numerous accolades for our work in consumer law: - Law360, “Consumer Protection Group of the Year: Cohen Milstein” (2019) - Law360, “Practice Group of the Year – Consumer Protection” (2018) - The National Law Journal, “Winner – Elite Trial Lawyers – Consumer” (2018) - Law360, “Practice Group of the Year – Class Action” (2017) Lesser Law Group The Lesser Law Group is committed to helping our clients recover the policy benefits for which they’ve paid premiums, often for many years. Since 1999, we’ve obtained over $50 million in coverage for our business and individual insurance clients. Our successes included recoveries under general liability, directors and officers, errors and omissions, homeowners, and other types of insurance policies involving claims for construction defects, corporate shareholder disputes and securities class actions, legal and medical malpractice, property losses and business interruption claims. We have an uncommon practical understanding of the insurance industry based on having trained its personnel, written insurance policies, drafted procedures for claims handling, underwriting, marketing and sales, and helped assure compliance with insurance laws and regulations. Our founder Don Lesser is recognized by his peers for his outstanding knowledge of insurance law and has received the following awards: - Martindale-Hubble, “Preeminent” – the highest rating (2006-2020) - “Super Lawyers” recognition, 2019-2020

https://www.classlawgroup.com/firemans-fund-insurance-covid-19-denials-lawsuit

Management Consultant Insurance As a Management consultant you provide your clients with advice to improve their business processes and/or practices. Whether you are a small home-based business or a large organisation you will require financial protection for any alleged negligent act, error or omission. Sometimes all it takes is one unhappy customer. Professional Indemnity Insurance gives you peace of mind, taking care of the legal costs associated with defending claims and any damages awarded. Key risk exposures for a Management Consultant: Conflicts of Interest Providing incorrect advice Misinterpretation of advice Dissatisfaction with timeframes Fraud & Dishonesty As a Management Consultant, what type of insurance policies do you need to consider? The Insure Gold Coast Difference It is important to make sure that you have the right Management Consultant Insurance cover at a competitive premium. At Insure Gold Coast we understand Management Consultant Insurance and the issues you need to deal with. We have access to many different insurance companies and will compare the market on your behalf. We can help you get the best claims outcomes, because we work for you and not the insurers. We are a 1% for the planet member and passionate about the environment and supporting local businesses As more and more independent commercial insurance brokers around Australia get swallowed up by ever larger consolidating entities, you can start to feel like a number rather than a valued client. We are determined to stand out from the crowd, by offering you the personal touch and providing you with first class service and a single point of contact We can save you money with a tailored insurance program, considering all of your activities rather than just selling you a one-size fits all product. Insure Gold Coast have many years of experience in arranging Management Consultant Insurance.

https://www.insuregoldcoast.com.au/management-consultant-insurance/

HUB International Broker Amy DeJong Recognized as a 2023 Captives Power Broker Amy DeJong, Vice President, Risk Management, HUB International Excess auto liability is one of the hardest markets right now. That’s what Norfolk Iron and Metal discovered during its latest insurance renewal, which threatened to bring about a significant rate increase for its transportation fleet. When the company approached Amy DeJong about the problem, she immediately sought out alternative cost-effective solutions. One measure she proposed was a new excess auto liability group captive. By making the model simple to understand and helping the firm navigate the application process, DeJong enabled her client to quickly and seamlessly join the captive. The new program also made it possible to lower its insurance cost. “Amy is the ultimate professional and continues to bring new ideas and solutions to us each year,” said Brad Noel, CFO, EVP, Norfolk Iron and Metal. “In addition to always being available as a resource to us, she also brings extensive knowledge and a broad network base to continually provide value-added services to our company.” Having previously worked on the client side dealing with large self-funded programs and single-parent captives, DeJong knows what insureds need and where she can add value. Another client, Michelle Killoran, CFO, VP of finance, Scheels, said: “Amy has played an integral role for several years in the risk management practices for Scheels. Her industry knowledge, coupled with her customer service and persistence, give us the peace of mind that she always has our best interests in mind and is a true strategic partner.” What is a Power Broker? A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they have delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge. Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community. Who selects the winners? Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.

https://riskandinsurance.com/award-profile/hub-internationals-amy-dejong-recognized-as-a-2023-captives-power-broker/

Understanding the CalVTP: a Virtual Training for Beginners Wednesday, March 30, 2022 10:00am - 12:00pm Shannon Johnson, Vegetation Management Program Coordinator, CALFIRE Shannon Johnson is a Registered Professional Forester with the California Department of Forestry and Fire Protection (CAL FIRE). She has been working with CAL FIRE since 2004 in various positions across the state. She is currently the Vegetation Management Program Manager, reviewing fuel reduction projects (CEQA, VMP, CalVTP) for CAL FIRE statewide. Prior to that she worked at the CAL FIRE Northern Region office in Redding reviewing fuel reduction projects for Northern California. She has also worked with the Forest Practice Program, State Forest Program, grants and fuels crews. She has a degree in Conservation Biology from California State University Sacramento and lives in Northern California. Jon Fitch, Prescribed Burn Coordinator, CALFIRE Jon Fitch has over 20 years of experience working in forest health, fuel reduction, and landscape level treatment in Oregon and California. His background includes forest management, wildland firefighting, contract administration, and development of financially feasible fuel treatment projects. In his position as the Prescribed Fire Coordinator at the CalFire Sacramento HQ office, he is tasked with expanding the role of prescribed fire (among other fuel reduction projects) to meet the targets and needs identified by the Governor and the Strategic Action Plan developed by the Forest and Wildfire Resiliency Task Force.

https://spranch.calpoly.edu/Understanding%20the%20CalVTP

FLEXI 3 PLAN Capital Express Assurance Flexi 3 Plan is a hybrid endowment policy with an In-built flexibility that pays the sum assured in three installments at the end of each one-third of the policy term. It provides payment of the sum assured plus accrued bonuses in the event of death of the policyholder before maturity. The plan has three options from which the policyholder can choose from based on his convenience and financial needs. The three options and benefits available are: - Minimum annual premium of N60,000 - Premium frequency can be annually, half-yearly, quarterly or monthly. - Level premium payable throughout the policy term - Loan facility up to 90% or policy’s cash value - Opportunity to choose scales or benefit according to needs - Tax free maturity benefit. - Installments can be collected for immediate needs or re-invested with Capital Express Assurance Limited - Provides financial protection for the family - Can be used as collateral or security for loan - Creates financial peace of mind - Generate funds build up - Premiums and Benefits are tax free The following benefits can be added on payment of additional premiums - Waiver of Premium - Accidental death benefit - Permanent Disability cover due to Accident or Sickness - Critical illness

https://capitalexpressassurance.com/flexi-3-plan/

Navigate today’s most pressing health industry challenges with a leading global expert by your side. Discover intelligent digital solutions to help improve outcomes, manage costs, and solve the toughest healthcare challenges. Meet growing needs for innovative insurance solutions while increasing operational health and improving compliance. Property & casualty advisory services Modern flood insurance program Investment, advisory & trading services Financial modeling & industrialization Insurance risk assessment Geographic rating insights Premium comparison platform Retirement & Benefits Deliver on the promises of the past and create smart solutions for the future. Pension administration & communication Retirement benefits administration platform Compensations & benefits Benefit plan evaluation Health & welfare benefits administration platform Manage complex risks using data-driven insights, advanced approaches, and deep industry experience. Auto policy underwriting Software performance enhancement Mortgage platform for investments & reinsurance Solvency II reporting & compliance This is a place where your ideas and insights make an impact. Where an independent, entrepreneurial spirit is an advantage. And where diversity of thought and experience makes us who we are. Data-driven insight. Deep expertise. Transformative innovation. Since 1947, Milliman has delivered intelligent solutions to improve health and financial security. Molly Barth is a Geographic Information Systems (GIS) consultant with Milliman’s San Francisco Property and Casualty Practice. She joined the firm in 2017. Molly helps manage the practice’s GIS databases, develops customized geospatial datasets for clients, and performs spatial analysis to support rate-making and climate resiliency planning. Molly’s areas of expertise include: Molly has developed a nationwide database of GIS layers and query logic for flood insurance pricing and provides operational support for several flood insurance rating projects. She also frequently works with auto telematics data to assist in the development of Milliman AccuRate Fleet’s insurance scores. Molly is actively researching the societal effects of climate change, especially on homeowners' insurance availability and affordability. She partners with other Milliman colleagues to research the implications of wildfire-related insurance regulations to support equitable and sustainable decisions for clients and regulators.

https://www.milliman.com/en/consultants/Barth-Molly

The new passive fire protection generation of Genfire® offshore cables contribute to raising on-board safety and cost savings in the engineering and construction project phases. General Cable has developed a new offshore cabling solution ideal for oil & gas environments. General Cable's GENFIRE HCF provides added electrical cable protection against fire hazards on offshore oil rigs. In the event of a fire occurring in an offshore facility, it is crucial that electrical systems that serve critical areas such as water pumps, control rooms, process equipment, ventilation, sprinklers, alarms, and other emergency systems remain operational. This is of utmost importance for the safety of the facility and all workers inside. Electrical circuits must be adequately protected in order to prevent fire escalation, explosion and all types of potential fire scenarios on an oil rig. The new DNV-GL Type Approved General Cable Genfire® HCF line is manufactured with the toughest materials, Favuseal® technology, and designed to exceed the most stringent international cable and fire standards, meeting the safety needs of today’s oil & gas facilities. The major differentiating factor compared with traditional cables is the capacity to continue operating under the Hydrocarbon Fire conditions described in NEK 606, EN 1363-2:1999 and ISO-834-3, 200kW/m2, even for circuits with a high voltage rating. The outstanding fire performance of this new cable has another advantage: cost savings. The Genfire® HCF cable can be directly installed across a Hydrocarbon Fire classified zone without the need for additional fire coating or wrapping. This contributes to a dramatic reduction in the cost of materials, as well as costs associated with engineering, installation and repair operations.

https://www.accu-tech.com/accu-insider/general-cable-safety-passive-fire-protection-in-the-oil-gas-industry

“Insurance is about caring and protecting. We really think about insurance inclusion”, says Quentin, as the former Allianz executive talks through his entrepreneurial journey to co-founding Qover in 2016. The Brussels-based company is all about insurance for disruptive businesses. Having raised $42m and grown to a team of 150, Qover has a key focus on verticals including new mobility, gig economy, fintech, proptech and neobanks. Working alongside businesses that want to upsell or cross-sell insurance to protect the goods they are selling or use insurance as part of their strategy for customer acquisition or retention, Qover provides a single API integration that offers simplicity and efficiency to partners. Embedded insurance provides benefits to end users too. “Insurance is extremely complex and sophisticated. By embedding insurance, you remove the obligation of the user to understand.” Quentin shares his thoughts on the future of the market and discusses parametric insurance and new distribution models as well as the value those with insurance knowledge can bring to the business. “We need people who are ready to do things. As a leader we tell them where we want to go, but how we go there and what to do to get there, we leave it to our people.”

https://player.captivate.fm/episode/be328cf6-9e08-4352-a1c0-edcb35a1cf1c

Lloyd’s Broker Superscript Offers Insurance for Crypto, Digital Asset Businesses Lloyd’s broker Superscript has launched a dedicated product for distributed ledger technology (DLT), digital asset, and blockchain businesses. The product, named Daylight, will help digital asset businesses secure insurance and manage risks more easily. Daylight uniquely combines cutting-edge machine-learning technology with the expertise of a team of digital asset insurance brokers, according to Superscript in a statement. Through Daylight, client businesses will have access to a suite of covers and will be able to manage their risks, benefiting digital asset businesses such as: - Tokenisation platforms - Blockchain developers - Non-fungible-tokens (NFT) platforms The first Daylight covers to be made available will be technology liability and cyber insurance. These will protect businesses from a range of risks – from ransomware attacks and cyber business interruption, through to unintentional copyright infringement and professional negligence. The product is available either directly through Superscript or on a wholesale basis. Superscript will expand Daylight’s product suite later in 2022 to include directors and officers (D&O), custodianship and mining covers. Underpinning Daylight is a unique combination of cutting-edge technology and expertise, the broker said, noting that underwriting insights powered by machine-learning will support Superscript’s specialist brokers, with deep DLT expertise, to secure businesses the right level of cover. The launch of Daylight comes as the size of the digital asset market is growing exponentially. According to CB Insights, venture capitalists invested more than $25 billion in blockchain last year, representing a 700% year-on-year increase. Meanwhile, NFT funding soared by 12,800% to $4.8 billion. “Daylight is setting a new standard for crypto, digital asset and DLT insurance. It will be the gateway between the on-chain crypto community and the largely paper-based insurance market,” commented Ben Davis, team leader, Digital Assets, at Superscript. “Our expertise will be supported by machine-learning and data-generated underwriting insights. This enables us to build specific insurance products which address the needs of the crypto community, all the while simultaneously addressing the capacity crisis among insurers. This is a huge step towards truly legitimising the DLT community within the insurance industry.” The launch of Daylight follows Superscript’s selection last year for Lloyd’s Lab’s seventh innovation cohort to help develop insurance products for digital asset businesses. Superscript said it is the first Lloyd’s of London insurance broker to launch a dedicated product for digital asset businesses. Interested in Agencies? Get automatic alerts for this topic. Discover Past Posts

https://www.digitaldisrupting.com/lloyds-broker-superscript-offers-insurance-for-crypto-digital-asset-businesses/

Perimeter Solutions Acquires LaderaTech and FORTIFY®-Brand Fire Retardant Technology Perimeter Solutions, the world leader in fire safety chemical solutions, announced today that it has completed the acquisition of Colorado-based LaderaTech, a biomaterials company with commercial technology in wildfire prevention and the delivery of agriculture chemicals. The acquisition includes LaderaTech’s FORTIFY® Fire Retardant technology and rights to associated intellectual property. The addition of FORTIFY technology – which is used in ground-based applications – complements Perimeter’s industry leading PHOS-CHEK® Fire Retardant aerial and ground technology. LaderaTech President & CEO Wes Bolsen will be joining Perimeter Solutions as the Director of Wildfire Prevention in Perimeter’s Fire Safety Solutions business. LaderaTech represents the third acquisition in the last two years building Perimeter Solutions’ technology and service offering to ensure its customers have access to the highest efficacy, reliability and environmental sustainability. According to Edward Goldberg, CEO of Perimeter Solutions, the acquisition of LaderaTech and FORTIFY® is consistent with Perimeter’s to bring the world’s best fire safety technology to the market. “Developing and discovering new, more effective fire safety products and technology is a passion at Perimeter Solutions. We saw the FORTIFY® technology as an opportunity for us to deploy superior fire prevention and protection performance and to expand the number of places we can put our solutions to work helping to prevent and fight wildfires,” he said. “We are excited about the opportunity to have an entrepreneur with the expertise and experience of Wes Bolsen join our team – and continue our relationships with the other LaderaTech founders, Dr. Eric Appel, Jesse Acosta and Paul Franzia.” he said. Firefighting Technology Leaders LaderaTech was formed in 2018 and subsequently obtained global exclusive rights to patented firefighting technology developed by Stanford University and the Massachusetts Institute of Technology. In early 2019, the company commercialized the FORTIFY® Fire Retardant technology. It has seen use in ground-based applications by public utilities, state and federal agencies and municipalities. According to Wes Bolsen, the opportunity to work with Perimeter Solutions and the company’s ability to help FORTIFY® technology reach its commercial potential was a good fit. “Perimeter Solutions is recognized around the world for bringing the best technology to the fire management industry. With the addition of the FORTIFY® technology, they will add a durable, season-long proactive wildfire solution, as well as a platform for the delivery of agricultural chemicals to their already impressive portfolio of products,” he said. Solutions That Save. Lives. In the Fire Safety market, Perimeter Solutions is world’s leading comprehensive supplier offering products, equipment, personnel, logistics and service. Perimeter Solutions operates as the largest global producer of fire-fighting chemicals with a broad product offering across fire retardant and fire suppressant foam applications. Perimeter Solutions is the only company with fire retardant products qualified for use by the USDA Forest Service (USFS). The company manufactures and markets major brands including PHOS-CHEK® and FIRE-TROL® retardant, foam and gel products; AUXQUIMIA® foam products, SOLBERG® foam products/systems hardware; and BIOGEMA® extinguishing agents and retardants. About Perimeter Solutions Headquartered in St. Louis, Missouri, Perimeter Solutions operates as a leading specialty chemicals business, producing high quality lubricant additives and firefighting chemicals with a broad product offering across fire retardant and fire suppressant foam applications. Perimeter Solutions is the only company with fire retardant products qualified for use by the US Forest Service (USFS). Perimeter Solutions produces major brands known throughout the world like PHOS-CHEK® and FIRE-TROL® retardant, foam and gel products; AUXQUIMIA® and SOLBERG® foam products; and BIOGEMA® extinguishing agents and retardants. More info: www.perimeter-solutions.com.

https://www.firesafetysearch.com/perimeter-solutions-acquires-laderatech-and-fortify-brand-fire-retardant-technology/

Our market review shows that there is much work to be done by firms in addressing climate change risk. Best practice is still evolving and there are many challenges facing insurers. The key is knowing how best to target your efforts, as well as having a clear longer-term roadmap. In this report, we present the findings of our market review on climate change risk for non-life insurers that we carried out in September 2021. 31 firms that took part in our review, representing a wide range of classes, territories and areas of operation, as well as a good spread of smaller and larger firms. There is a lot to learn from others in the market and the results of our review will help you benchmark your firm’s response to climate change risk against that of your peers. - 40% of boards have had no climate change risk training. Of these, fewer than half have training planned. - 60% of respondents have started to use metrics for monitoring climate change risk. - 55% of respondents are not yet making an explicit allowance for climate change risk in their capital calculations, pricing, underwriting or reserving. - 42% of respondents have not yet considered short-term climate change scenarios and 65% have not considered long-term scenarios. - 97% of respondents mention climate change risk in their ORSA. More than 40% have also included it in their annual reports and their SFCR. Climate change risk management was highlighted in the PRA’s July 2020 Dear CEO letter as a key area needing improvement. Despite that, we found that most firms’ responses remain very much a work in progress. This lack of progress may prompt more intervention and rule setting from regulators. This would be a missed opportunity for the climate change response to be industry-led, rather than regulator-led. How we can help We work with insurers to help them better understand and manage the risks they face and their capital requirements. We help organisations to unlock business value from their Solvency II processes. We provide an alternative, external view on the best estimate level of reserves for insurers and also help them understand the key drivers of variability around that best estimate. LCP InsurSight is an analytics and automated trend identification tool for general insurance companies. We help our insurance clients to develop strong links between their strategy, capital management and risk management processes, improving their chances of business success. Our business-focused approach to validation can help you be confident that your insurance models are robust, and that you are meeting regulatory requirements.

https://www.lcp.com/insurance/publications/market-review-climate-change-risk-for-non-life-insurers

For many South Africans this is an ongoing hardship leading to despair and anxiety, especially amongst the hardest hit – many of them women. Small business startups are said to be the only answer to restore confidence and create employment. Furthermore, StatsSA reported small businesses contributed 22% (R2,3 trillion) of the R10,5 trillion in business turnover in 2019. South Africans are a hardy bunch, and our entrepreneurial spirit has never been stronger, says Barry Taylor, chairman of the non-life (short-term) executive committee of the Financial Intermediaries Association (FIA). “We are aware that very many South Africans have risen to the challenge to feed their families, either using their existing skill sets to start their own business, or changing course, upskilling, and offering an array of services within communities. Social media plays an important role in gaining consumer support and creating a strong reputation and client base. This coupled with a desire to grow and create further employment opportunities, has driven the growth in SMME’s. From home renovations and auto repair shops to virtual marketing and financial services, the list is endless.”Start right – assess your risks Taylor points out that in every business sector irrespective of the services or products you deliver to your customers, there are specific risks a business should assess and budget for. “Often the new business owner has limited prior experience in identifying the risks that could arise, researching affordable solutions, identifying possible claims and weighing-up cost vs. value opportunities.” Any commercial business should have non-life insurance protection including legal liability cover as possible major claims can have unexpected financial consequences. For instance, if you supply food for public consumption and a case of food poisoning is traced back to your business, a manufacturer of auto parts producing a faulty part resulting in an accident, an accident from an event you are staging or a road accident involving your company vehicle, could all result in a legal liability involving extensive cost. Whatever the circumstances, the cost, loss of precious time and inconvenience can be averted with professional advice and careful planning up-front. Accidents happen and you need to ensure you are adequately covered. Cost vs. Value – can you afford it? Taylor says, “A knowledgeable insurance broker can, on the basis of a needs analysis, shop around for an insurance product or solution best suited for your risk profile. The broker will advise on companies with the best reputation, explain the policy wording, underwriting and any exclusions, which items to be specified, excess amounts payable when claiming, and he/she will highlight the pitfalls of being underinsured.” Should business owners find that their initial premium is affordable and competitive, only to be caught off guard with huge and unaffordable premium increases at renewal of the policy, Taylor says credible market advice up-front from a FIA member company intermediary can be the answer. “A professional and experienced individual serves the interests of their clients and the companies they represent and will prepare a proper needs analysis and a risk profile, plus take your budget into consideration before recommending cover. In addition, proper personal, general and legal liability cover is often brushed over when it comes to short-term insurance. This can be costly and debilitating for yourself and or your company,” warns Taylor. Ask yourself whether you have the financial means to reinstate everything should you fall victim to an extreme event. According to Taylor, an estimated 90% of consumers and small business owners do not have the kind of capital lying around to replace stolen computers or replace even a delivery scooter. When lacking proper non-life insurance cover, these events can have catastrophic consequences for individuals and commercial businesses. Taylor concludes, “Make room in your company budget for insurance costs. A professional broker will service your business and personal needs according to affordability and as your business or consultancy grows in size and profitability.”

https://www.bizcommunity.com/Article/196/841/212914.html

A newly married couple joyfully welcomed their first child into their family. Recognizing the risks and responsibilities associated with children, they wanted to be positive they were protected and met with planners at Annuity Strategic to discuss various insurance options. The planners presented basic fundamentals of risk management and cautioned them that without proper insurance coverage, their savings, home and future income could be in danger. Situation and Outcome The meeting was very productive. The planners reviewed short and long-term disability provided by the couple’s employers to be certain coverage was sufficient, the definition of disability appropriate, and the carrier an A+ rated company. They stressed the importance of proper coverage to protect them if a long-term disability occurred, which may be financially devastating without ample coverage. Working in concert with the couple’s property and casualty agent, the planners analyzed the auto and homeowner’s policies to discern extent of coverage, the existence of replacement cost riders and amount of deductibles to be sure they were not paying too much. As added protection for their assets, Annuity Strategic coordinated each policy’s liability with a new umbrella liability policy. Results & Lessons Learned Annuity Strategic planners provided objective advice because they are not tied to any particular insurance company. The end result was to obtain proper coverage, help minimize annual costs wherever possible and acquire insurance through high quality companies. The Moral of the Story: Being properly insured results in peace of mind.

https://maplaza.es/work/preparing-for-uncertainty/

The Michael Kim Law Firm, PLLC d/b/a MKim Legal was founded by Michael Y. Kim on April 1, 2015. MKim Legal provides legal services in the areas of general civil litigation, business and complex commercial litigation, business formations, business and commercial transactions, public and private employment disputes, constitutional employment claims, contractual disputes, fraud and fiduciary duty claims, landlord/tenant disputes, consumer and deceptive trade practice claims, first party and bad faith insurance claims, as well as human resources compliance, training, and investigations. MKim Legal has represented a vast array of clients from individuals, small businesses, and commercial property owners in litigation, arbitrations, and/or transactional matters, to educational leaders in administrative and due process hearings, to Fortune 500 companies in the prosecution and defense of a variety of legal claims all over the State of Texas and the State of Colorado. Our offices are located in Dallas, Texas and Denver, Colorado.Read More The Michael Kim Law Firm, PLLC focuses on business and commercial litigation, contractual disputes, fraud and fiduciary duty claims, landlord/tenant disputes, consumer and deceptive trade practice claims, public and private employment disputes, constitutional claims, personal injury and premises liability claims, and business formations and transactions. MKim Legal has successfully represented clients in a broad range of business and commercial disputes, ranging from simple contract disputes to complex matters. Our team focuses on the business objectives of the client and provides legal...Read More Civil litigation involves claims by individuals or organizations against others, for legal harms, where money damages and equitable relief are available, such as restraining orders and injunctions. Proving harms and damages can be challenging and...Read More MKim Legal serves businesses by helping them operate professionally, avoid difficulties, pursue opportunities, and manage business transitions. MKim Legal works with clients from the formation, through establishment, purchases, sales, and related transactions.Read More The best employer and employee relationships are founded on well-communicated expectations and the tools and processes necessary to achieve them. Sometimes, despite the best plans and communication, things go wrong. There are an infinite number...Read More

https://www.mkimlegal.com/

Recognized Insurance Leaders Will Apply Deep P&C Insurance and InsurTech Expertise to Drive Platform Expansion in U.S. and Europe NEW YORK, Dec. 6, 2022 /PRNewswire-PRWeb/ -- Today, MAPTYCS®, a geospatial solution for property risk exposure management and event response, announced the addition of two recognized insurance industry veterans to the company's Board of Advisors: Mark Breading and Dawn Miller. The new advisory board members will apply deep industry expertise and advise on the company's expansion across the U.S. and Europe as MAPTYCS scales to become a world class property risk exposure management and event response platform. Mark Breading is a Partner at Strategy Meets Action (SMA), a ReSource Pro Company. SMA is a research and advisory firm focused exclusively on the P&C industry. Mark is well known for his insights on the future of the insurance industry and innovative uses of technology having spent 25 years as the as the Global Insurance Strategist and Director of Global Financial Services Executive Conferences at IBM. His thought leadership in the areas of distribution strategies, InsurTech, transformational technologies, and digital strategies has earned him a consistent ranking as a Top Global Influencer in InsurTech. "The insurance industry is undergoing significant transformation, with catastrophes and expansion of new, emerging risks putting great pressure on businesses, individuals, governments, and the insurance industry," said Mr. Breading. "I believe that digital data and analytics is the key to differentiating capabilities, with geospatial analytics, in particular, emerging as an important area with high potential value for many across the insurance ecosystem. I'm thrilled to be joining the MAPTYCS Board at such an important time and believe Jacqueline and her team bring the right combination of deep industry insight, advanced technology and vital partnerships and relationships to be a major force in this transformation." Dawn Miller brings more than 20 years of experience to her new position on the MAPTYCS Board of Advisors, having managed oversight of underwriting, distribution, clients, and strategy, in leadership positions at Chubb, AXA, AIG and Willis. In her current role as the Commercial Director for Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, she oversees Lloyd's global network across the Americas, Europe, APAC and MEA, with additional responsibility over market New Entrants and the Lloyds Lab. Dawn has been recognized as an Insurance Executive to Watch. "The insurance industry is evolving around technology and it is becoming more clear that having the right platforms and data is critical to being able to serve customers effectively and ensure sustainability in our industry," said Ms. Miller. "The ability for MAPTYCS to leverage its cutting-edge technology to collect real-time data and connect it seamlessly with underwriting systems can empower better informed advice and decisions, from premiums to reinsurance to payouts. It's a game changer for the industry, and I'm excited to help to expand the reach of the MAPTYCS platform globally at such an important time for the industry." "We are excited to welcome two such insightful industry leaders and charter members to our Advisory Board," said Jacqueline Legrand, Co-Founder and CEO of MAPTYCS. "We trust their experience and their belief that technology is one of the most powerful levers of business transformation will provide a significant advantage to MAPTYCS as we continue to expand across both continents." MAPTYCS® is a geospatial solution for property risk exposure management and event response. The platform manages property portfolio data combined with "a la carte" location intelligence third-party data. MAPTYCS connects seamlessly with underwriting systems to assess property risks, track accumulations of values across portfolios and develop financial scenarios. The solution includes a customizable user notification engine to monitor severe weather events and project losses in real-time. Underwriters can more effectively assess risk to compute premiums and place adequate reinsurance, while setting timely and adequate reserves for claims payouts. The platform is intuitive, powerful, and easy to set up. Visit https://maptycs.com/ for more information Jacqueline Legrand l CEO and Co-founder Mobile: +1 212 203 5823 Jacqueline Legrand l CEO and Co-founder, Maptycs, 1 212 203 5823, [email protected]

https://www.prweb.com/releases/maptycs-r-announces-mark-breading-and-dawn-miller-to-join-board-of-advisors-848337272.html

Welcome to the webpage dedicated to the merger between International Insurance Brokerage (IIB) and Merger Insurance Brokers (MIB) at Allstar Insurance Group. As a leading finance and insurance company in the industry, we are thrilled to share the details of this significant merger that has had a profound impact on the insurance sector. Introduction to the Merger The merger between IIB and MIB brings together two prominent players in the insurance brokerage field. This strategic move has created a stronger and more formidable entity that will offer enhanced services and opportunities to our clients and partners. Benefits of the Merger By joining forces, IIB and MIB have formed a dynamic synergy that allows for increased operational capabilities and a broader range of insurance solutions. The merger brings numerous advantages, including: - Expanded Expertise: With the merger, our combined team of professionals possesses a diverse set of skills and knowledge, ensuring we can better address the complex needs of our clients in the ever-evolving insurance landscape. - Enhanced Resources: The merger has provided us with greater resources, enabling us to invest in cutting-edge technology and innovative tools. This allows us to streamline processes, enhance efficiency, and deliver superior service to our valued customers. - Increased Market Reach: The merger has significantly expanded our market reach, allowing us to forge partnerships with a wider network of insurance providers and negotiate more competitive rates for our clients. This translates into greater choices and more cost-effective solutions. - Comprehensive Insurance Offerings: As a result of the merger, our portfolio of insurance offerings has significantly expanded. From property and casualty insurance to life and health insurance, we now have a comprehensive suite of products tailored to meet the diverse needs of individuals, businesses, and organizations. Impact on the Insurance Industry The merger between IIB and MIB is a game-changer in the insurance industry. It has set a benchmark for other companies, highlighting the importance of collaboration and strategic alliances in a highly competitive market. This merger demonstrates our commitment to staying ahead of industry trends, fostering innovation, and delivering exceptional value to our clients. Continued Commitment to Excellence Allstar Insurance Group remains dedicated to providing outstanding service, expertise, and customized insurance solutions to our clients. The merger between IIB and MIB has only strengthened our ability to deliver on this commitment. We are excited about the future and the opportunities that lie ahead for our valued customers. Contact Allstar Insurance Group For further information about the merger between IIB and MIB, or to explore our comprehensive range of insurance solutions, please contact our expert team at Allstar Insurance Group. We are here to assist you and provide the utmost in personalized service and support to meet your insurance needs. Phone: (123) 456-7890 Email: [email protected]

https://allstarcorporation.com/iib-mib-merger

Find out the latest news through our blog posts, news articles and press releases. 10 Results for “Agent Convention” Introducing the Chief Executive's Circle Class of 2022 Members from the Chief Executive's Circle Class of 2022 share what they have learned from being a Landstar agent for a decade or more. LeVar Ramsay Named Landstar Agent Rookie of the Year Landstar named independent Landstar Agent LeVar Ramsay as its 2022 Rookie of the Year during a ceremony held April 14, 2023. Landstar Honors Two Executives for Inspiring the Success of Business Owners in the Landstar Network Landstar awarded two longtime employees with the company’s highest achievement awards at its 2023 Landstar Agent Convention. Landstar Names Independent Agent Rick Owens as Safety Officer of the Year Landstar named Rick Owens, owner of independent Landstar agency Owens Leasing, Inc. in League City, Texas, as its 2022 Landstar Safety Officer of the Year. Landstar Awards Overall M.U.S.T. Customer of the Year to MAXIM Crane Works, L.P. Landstar announced MAXIM Crane Works, L.P. of Wilder, Kentucky, as its 2022 Overall Landstar M.U.S.T. Customer of the Year. 2022 Sponsor Spotlight – Comdata Inc. Landstar would like to thank our 2022 diamond-level sponsor Comdata for the assistance provided throughout the year to support our programs, including LCAPP, Landstar’s annual BCO All-Star Celebration and the Landstar convention for independent agents. 2022 Sponsor Spotlight – Insurance Office of America IOA offers Landstar’s independent owner-operators workers’ compensation insurance coverage plus a unique high-value trip transit cargo insurance policy for Landstar’s high-value cargo shipments. 2022 Sponsor Spotlight – Pilot Flying J Pilot Flying J offers Landstar independent owner-operators exclusive fuel rebates at its owned and operated travel centers in the United States. Matt Emer Named Landstar Agent Rookie of the Year Landstar named independent Landstar Agent Matthew Emer as its 2021 Rookie of the Year.

https://www.landstar.com/blog?tag=Agent%20Convention

Comcast Company, announces an exclusive partnership in Australia with Honey Insurance, to provide new customers with smart home sensors to protect their homes Notion, a Comcast Company, announced an exclusive partnership in Australia with Honey Insurance, to provide new customers with smart home sensors. In addition to getting a complimentary Smart Home Sensor Kit valued at AU$250 from day one for around-the-clock proactive property monitoring that will help prevent avoidable claims, Honey Insurance customers will also receive 8% off their premium as soon as their sensors are activated, and for each year they remain connected. Recently launched with the largest ever seed round for an Australian technology startup, Honey Insurance is Australia’s first smart technology insurtech that provides Notion’s Smart Sensors to monitor risk, as well as using satellite data to proactively detect changes to the home – such as the installation of a new pool – and automatically adjusts a customer’s policy to ensure adequate coverage. “At Honey Insurance we are utilising the best technology and services from around the world to provide Australians with better cover that is fast, simple to understand, intuitive to purchase, and designed for how people live today.” said Richard Joffe, Founder and CEO of Honey Insurance. “Insurance shouldn’t be ‘set and forget’. Thanks to our exclusive partnership with Notion, we are not only able to save our customers money, but also help keep their homes and families safer.” Notion’s smart home sensors are multifunctional and can monitor for water leaks, the opening of doors and windows, sounding alarms and temperature changes – along with an app to manage it all. The sensors provide an easy DIY approach to smart monitoring, with no professional installation required and can be installed in less than 15 minutes. “Notion smart sensors are changing the way property owners and insurers monitor risk. In fact, 84% of Notion users didn’t monitor water leaks prior to using Notion,” said Brett Jurgens, Notion’s CEO and Co-Founder. “We’re excited for Honey to bring our DIY solution into Australian homes and businesses as we expand across the globe to help reduce the complexities and risks of property ownership.” Notion looks forward to expanding into international markets to further support its goal of becoming a requirement to get property insurance by reducing risk with proactive monitoring for home and business owners. When specifically looking at the two major perils in insurance, on average 24% of Notion systems get at least one notification each month for water or fire detection — transforming the way risks are monitored through smart DIY technology and helping customers address issues before they lead to significant damages. Notion, a Comcast Company, empowers home and property owners to be proactive in monitoring their spaces and most valued possessions. The Notion smart monitoring system is committed to helping reduce risk and complexities of property ownership. Through partner programs, Notion helps insurance carriers, agents and service providers provide value to their customers with Notion’s DIY smart home technology. The easy-to-use Notion system powered by a multifunctional sensor and app, aims to help drive customer acquisition, increase engagement, reduce claims, and enable a differentiated offering. For more information, visit www.getnotion.com. Honey Insurance is Australia’s first smart, technology-driven home and contents insurance to provide smarter protection fit for how Aussies live today. We are on a mission to create a quicker and fairer process for customers from day dot, providing state-of-the-art technology upfront to help prevent avoidable incidents and the guess work that leads to underinsurance and emotional stress. With Honey Insurance, customers will experience a transparent and fair insurance process that is easy to understand, jargon free and have you signed up in 3 minutes. Honey doesn’t wait for things to go wrong — backed by RACQ, we prioritise prevention to keep your home safer and guarantee peace of mind. Honey Insurance provides smart protection that rewards you everyday, not just one day. For more information, visit www.honeyinsurance.com.

https://www.honeyinsurance.com/media-centre/newsroom/notion-a-comcast-company-partners-with-honey-insurance-to-help-australian-homeowners/

Polly Unveils Groundbreaking Study: 4 Out of 5 Millennials & Gen Z Want to Buy Insurance While Buying Their Car Younger Buyers are Redefining the Car Buying Journey, Creating New Income and Customer Experience Opportunities for Dealerships Polly Launches New Visual Identity and Creative Campaign Developed with TBWA\Chiat\Day LA 'Get it Together' elevates Polly’s consumer brand experience and exemplifies the company’s commitment to deliver an unmatched embedded insurance solution for... Tekion and Polly Partner to Enhance Consumer Car Buying Experience Through this partnership, dealers can access Polly’s insurance quotes directly from Tekion ARC Polly Study: 72% of Car Buyers Want Auto Insurance Choice at the Dealership A quantitative Polly study indicates that insurance price, choice, and convenience matter to consumers and can be a value-add for dealers. Polly and Gravity Lending Join Forces to Help Car Owners Save on Insurance During Refinancing Partnership gives Gravity Lending customers direct access to Polly quotes and agents, allowing them to offer competitive rates from a pool of more than 30... Polly Announces Integration with Cox Automotive's VinSolutions, Benefiting Dealer Customers BURLINGTON, VT (October 25, 2022) – Polly (formerly known as DealerPolicy), the leading insurance marketplace for automotive retail, today announced a... Polly Expands its Local Agent Presence with Acquisition of New York-Based Brinckerhoff & Neuville Insurance Group BURLINGTON, VT (August 31, 2022) – Polly (formerly known as DealerPolicy), the leading insurance marketplace for automotive retail, today announced its... Polly Acquires Driven Data to Deepen Engagement with Car Shoppers Acquisition offers dealers an increased opportunity to convert customers Polly Receives Travelers 2022 Personal Insurance Agent of the Year Award BURLINGTON, VT (April 20th, 2022) – Polly (formerly known as DealerPolicy), the leading insurance marketplace for automotive retail, is being honored by The... Tom Lyons Joins Polly as President and Chief Operating Officer of Insurance BURLINGTON, VT (April 18, 2022) – Polly (formerly known as DealerPolicy), the leading insurance marketplace for automotive retail, has named Tom Lyons as the... Polly and Assurant Announce New Partnership to Optimize Omnichannel Retailing for Dealers Collaboration provides Assurant with an innovative digital F&I solution designed to generate greater revenue for dealers BURLINGTON, VT (March 7, 2022) –... Polly Unveils Innovative New Products and Dealer Programs at NADA 2022 Product innovations streamline the car buying process; new dealer program brings greater revenue opportunities to dealers BURLINGTON, VT (March 10, 2022) –...

https://www.polly.co/newsletter/tag/press-release

ESG in Insurance Conference ESG (Environmental, Social, and Governance) or - as often referred to -, sustainability, is a structural change of a particularly strong magnitude, changing the way that both the financial industry and real economy work. In the recent European history, analysts say, ESG’s impact may be only comparable with the fall of the Iron Curtain in 1989. As society is facing increasingly interconnected and complex ESG challenges, the insurance industry cannot be a bystander and must play its role, mostly using its expertise in risk management. Also, keeping in mind that insurance industry is Europe’s largest institutional investor, with an investment portfolio exceeding EUR 11 trillion, incorporating ESG criteria in its investment policies is of utmost importance. Overall, ESG proves to be an extremely complex concept, with several ramifications impacting different areas of insurers’ activity. The conference will focus on some of the main aspects that incorporating ESG goals may have on insurers’ business. IIF 2023 – ESG IN INSURANCE Conference is a top-level environment for exchanging business insights on the future outlook for the insurance industry and how it will be shaped by sustainability, technological, regulatory and distribution drivers. The event is completely organized for and by professionals, ensuring the highest quality program in all aspects. IIF 2023 – ESG IN INSURANCE Conference - Location: Bristol Hotel, Vienna, Austria - Organizer: XPRIMM - Start date: 04-04-2023 Pamela SCHUERMANSPrincipal Expert Insurance Policy, Lead of EIOPA's inter-departmental ESG group, Germany Liane HIRNERChief Finance and Risk Officer, VIG - Vienna Insurance Group, Austria Felix BEGUNMathematician for insurance and pension supervision, ESG Expert FMA, Austria Ilijana JELEČDeputy President of the Board, HANFA and Member of IAIS Audit and Risk Committee, Croatia (Hrvatska) Dieter PSCHEIDLHead of European Affairs, VIG - Vienna Insurance Group, Austria Doris PÖPPLEINSustainability Markets Lead, Swiss Re, Switzerland Dr. Annina ANGSTMANNHead P&C Solutions NCEE, Director, Swiss Re Solutions, Switzerland Klime POPOSKICEO, Winner-VIG and Prof at St Kliment Ohridski University, North Macedonia Prof. Ksenija DENCIC-MIHAJLOVUniversity of Nis, Serbia & Ostfalia University of Applied Sciences, Center for Scientific Interdisciplinary Risk and Sustainability Management, Germany Süha ÇELECOO and Member of the Board, Eureko Sigorta, Türkiye François COSTECEO, GROUPAMA Asigurari, Romania Michael BRANDSTETTEREU & International Affairs, VVO – Austrian Insurance Association, Austria Mojca ROMESectoral Secretary, Insurance Supervision Agency of Slovenia (AZN), Slovenia In the chair Prof. Karel Van HULLEProfessor, KU Leuven - Goethe University Frankfurt, Germany Daniela GHETUEditorial Director, XPRIMM Publications, Romania Sergiu COSTACHEPresident, XPRIMM - Insurance & Pensions, Romania XPRIMM is a media brand, incorporating several companies specialized in providing media products to the global re/insurance industry. Our activity is focused on Central and South-Eastern European regions, as well as CIS region states.

https://www.xprimmevents.com/iif-2023-esg-in-insurance-conference

How CBL went bust in a month The sudden demise of this former high-flyer is a stark reminder of the importance of understanding and managing risk. Insurance is a unique business. Premiums are priced upfront for risks (claims) that are made (or not) at some stage down the track, for uncertain amounts. There is no business where understanding and managing risk is more critical. In fact, it is the business. The failure of New Zealand-based insurer CBL Corporation (ASX:CBL), a true riches-to-rags story, illustrates this point. It all began well. CBL listed in October 2015 with an attractive story. The New Zealand-based and ASX-listed company was achieving strong revenue and earnings growth (largely overseas) in challenging insurance conditions. Management and the board had industry experience and skin in the game, owning more than 50% of the company. Upon listing at $1.62 a share on 13 October 2015, the share price rose to a high of $3.76 around a year later – representing a market value of about $890m. This was one kiwi that could fly. Cracks emerged in August 2017, but investors kept the faith. Unbeknownst to the market, though, regulators were concerned. An extraordinary series of announcements ensued last month, revealing that the company had drastically underestimated expected claims and culminating in it being placed into voluntary administration on 26 February. This regulator's report provides some juicy details but the key mistakes were in misunderstanding and mismanaging risks. Questionable business model Well-run insurers typically have significant resources and capabilities to assess and manage risks, especially in the areas of underwriting, pricing and claims assessments, which can be a source of competitive advantage. CBL didn't operate in this manner – it outsourced key insurance functions. Such a model isn't unheard of in the insurance industry, but the arrangement can mean that management is less informed of risks. Beyond its reliance on outsourcing, CBL acted as a reinsurer, taking a proportional share of the premiums and risks of other insurers (known as 'cedants'). Hence, the value added by CBL seems to have been limited. CBL's demise was down to its concentration on the French construction market, selling compulsory insurance products that protect builders from claims against shoddy work. This accounted for about 54% of premiums during 2016. Claims for these products can take more than a decade to be settled and long periods of low claims can quickly be followed by spells of heavy losses. In essence, CBL was taking a big bet on a tricky risk. Whilst market premiums were stagnant for years, CBL was building market share. In 2006, CBL generated NZ$1m in premiums from the French construction market. A decade later that figure had risen to NZ$130m, accounting for 3–5% of that market. The proportion of those risks it passed on to other reinsurers also waned in recent years, meaning it wore more of the risks. CBL's business model and market position raise the question: how is a small insurer reliant on third parties able to grow so quickly in a mature and competitive market? Growth hides flaws CBL's small size and volatile credit rating mean it was limited to attracting smaller clients. It grew via two avenues: A small (and seemingly unsophisticated) Danish insurer and a broker (eventually replaced by a CBL subsidiary). The underlying insured clients were small French building contractors. The company was, however, still competing against large well-resourced insurers. Along with its cedants and third-parties, CBL woefully underestimated the cost of future claims and underpriced its policies. This meant that, in effect, prior recorded profits were overstated. Management admitted as much when it announced an exit of the French construction business in February, although the regulator probably gave them little choice. Eventually, the risks became apparent as the claims came in. The years of low apparent losses and rapid growth offered management and investors a false sense of confidence when, below the surface, large liabilities were accumulating. Leveraged balance sheet Misjudging claims is not infrequent in the insurance industry and can be managed with a robust balance sheet. Shareholder capital can absorb unexpected claims – but for an insurer such as CBL, underwriting concentrated and complex risks, a large buffer is warranted. By 30 June 2017, CBL's balance sheet was starting to look stretched. Its regulatory solvency ratio looked sound but debt had risen sharply after several acquisitions. High growth compounded the situation, making the company vulnerable to a deterioration in French construction insurance. Despite increasing reserves in August 2017, last month CBL revealed it needed to strengthen its French construction reserves by NZ$100m. On top of that, there was a writedown of NZ$44m of overdue premium receivables. That pushed the company into insolvency. Plans to raise capital didn't eventuate, and CBL was placed into administration. Shareholders are unlikely to receive much after creditors get their dues. Lessons from the fall The nature of insurance makes it a difficult area for investors. It's hard to assess management on its appreciation and management of risk. A track record of managing through insurance cycles, supported by the appropriate business capabilities and a robust balance sheet, certainly helps. As for management's skin in the game, well, that only helps if it understands the game. In CBL's case, it clearly didn't. In an amusing side-note, CBL's managing director was even crowned New Zealand's entrepreneur of the year by EY last year. It all goes to show that there's no substitute for independent research. The fallout from CBL's failure is still to be fully realised. But the lessons for investors are much clearer.

https://www.intelligentinvestor.com.au/investment-news/how-cbl-went-bust-in-a-month/142344

Jenny Horoky State Farm Insurance Goshen, Indiana (IN) Are you looking for Jenny Horoky State Farm Insurance agency? If you are interested in insurance services then I am very happy to inform you that Jenny Horoky State Farm Insurance agency can assist you with whatever you need in that regard. All those around Goshen, Indiana (IN) in the United States who are interested in or looking for insurance related services are hereby informed that the insurance agent “Jenny Horoky” under the State Farm insurance agency offers such insurance services. About Jenny Horoky State Farm Insurance Agency Jenny Horoky is an State Farm insurance agent in Goshen, Indiana (IN). This insurance agency offers insurance related services. You can get more details about this insurance agent below. Agent Name: Jenny Horoky Agency Name: State Farm Company: Not Available How can you reach out to or contact Jenny Horoky State Farm Insurance agency? Proceed below to get the phone number, website and the address of Jenny Horoky insurance agency in Goshen, IN. Jenny Horoky State Farm Insurance Agency Contact Details Phone Number: (574) 534-1911 Fax: Not Available Address: 65671 Indiana 15 State: IN, Indiana Zip Code: 46526 Coverage Options: Not Available Jenny Horoky State Farm Insurance Agency Opening Hours If you wish to consider other options or also check out other insurance agents, you can view list of insurance agents in Goshen, Indiana here. That is all we have concerning Jenny Horoky State Farm Insurance in Goshen, Indiana. Should there be any update, we are going to make changes on this page to reflect the changes as soon as we can. Until then, continue checking this page for updates on Jenny Horoky State Farm Insurance.

https://ismyschool.net/insurance/jenny-horoky-state-farm-insurance-in-goshen-in/

- Nevada does not maintain a list of eligible surplus lines insurers (see Other Comments section #1). - Nevada does have a Surplus Lines Association (see Other Comments section #2). - Nevada does have an Export List (see Other Comments section #1). - Nevada does have an industrial insured exemption (see Appendix C) which will remain in effect. Nevada has also incorporated the NRRA exempt commercial purchaser exemption. - Surplus lines tax: 3.5%, payable by broker, plus .4% stamping fee applicable to all premiums (Penalty of $500 for “failure to pay taxes” within 45 days after the quarter ends). - On June 29, 2012, Nevada submitted a notice of withdrawal from NIMA. On July 2, 2012, Nevada released Bulletin 12-005 indicating it will collect 100% of the non-admitted insurance premium tax when Nevada is the home state of the insured. Where Nevada is not the home state of the insured, no premium tax filing in Nevada will be required. - Nevada does allow domestic surplus lines insurers in the state. Eligibility and Filing Requirements (All Insurers): The Nevada Division of Insurance no longer has the authority to maintain a list of eligible insurers and there are no requirements that a foreign or alien insurer must meet other than the objective eligibility criteria specified in the Nonadmitted and Reinsurance Reform Act of 2010 (NRRA) and reaffirmed in Chapter 685A of NRS, as amended by Senate Bill 289. Eligibility and Filing Requirements (Alien Insurers Only): A broker may not place surplus lines insurance with an alien insurer, unless the alien insurer is listed on the Quarterly Listing of Alien Insurers maintained by the NAIC, or, if the alien insurer is not listed on the Quarterly Listing of Alien Insurers, it has and maintains in a bank or trust company which is a member of the US Federal Reserve System a trust fund established pursuant to terms that are reasonably adequate to protect all of its policyholders in the US. Such a trust fund must not have an expiration date which is at any time less than 5 years in the future, on a continuing basis. Eligibility and Filing Requirements (Foreign Insurers Only): - A surplus lines broker may place insurance with a nonadmitted foreign insurer if: • The insurer is authorized to place that type of insurance in its domiciliary jurisdiction; and • The insurer has capital and surplus, or its equivalent under the laws of its domiciliary jurisdiction, that is the greater of the minimum capital and surplus requirements under the laws of this state or $15 million. - The insurance commissioner may waive the minimum capital and surplus requirements for unauthorized foreign insurers if the commissioner makes an affirmative finding of acceptability after considering: quality of management, capital and surplus of a parent company, company underwriting profit and investment trends, market availability, and company record and reputation within the industry. The commissioner may not make a finding of acceptability if the insurer’s capital and surplus is under $4.5 million. NRS 685A.070(3). Types of Insurance Exempted from Surplus Lines Regulation: - Wet marine and transportation insurance. - Insurance on subjects located, resident, or to be performed wholly outside of Nevada or on vehicles or aircraft owned and principally garaged outside Nevada. - Insurance of property and operations of railroads engaged in interstate commerce. - Insurance of aircraft of common carriers, or cargo of such aircraft, or against liability, other than employer’s liability, arising out of the ownership, maintenance, or use of such aircraft. - Insurance of automobile bodily injury and property damage liability risks when written by Mexican insurers and covering Mexican, but not U.S. risks. Other Comments or Requirements: - Nevada export list available at www.nsla.org/Export_List/Export_List.aspx. There is also a list of coverages that are ineligible for automatic export at http://www.nsla.org/Ineligible_For_Export_List/Ineligible_For_Export_List.aspx. - Contact information for the Nevada Surplus Lines Association is as follows: Maria Muzea, Executive Director Nevada Surplus Lines Association 6490 S. McCarran Blvd. Building D-2 #39 Reno, Nevada 89509 Tel.: (775) 826-7898 Fax.: (775) 826-7003 E-mail: [email protected]. - Each insurance contract procured and delivered as a surplus lines coverage must have conspicuously stamped upon it:“This insurance contract is issued pursuant to the Nevada insurance laws by an insurer neither licensed by nor under the supervision of the Division of Insurance of the Department of Business and Industry of the State of Nevada. If the insurer is found insolvent, a claim under this contract is not covered by the Nevada Insurance Guaranty Association Act.”

https://surplusmanual.lockelord.com/eligibility/nevada/

Heirs General Insurance – the Non- Life arm of the Heirs Insurance Group has announced the biggest Motor Insurance promotion of the year. Tagged “Heirs General Insurance Subsidy Promo” this promo is set out to reward customers who purchase or renew their Comprehensive or Third-Party motor insurance with a chance to win N100,000 fuel voucher as well as other instant prizes such as; airtime and shopping vouchers. The Subsidy Promo will run till Sunday, December 31, 2023. Ifesinachi Okpagu, Chief Marketing Officer, Heirs Insurance Group, while speaking on the new promotion, shared her excitement saying; “we understand the economic challenges our customers and Nigerians face daily. The “Heirs General Insurance Subsidy Promo” is our way of identifying with our teaming customers by easing the financial burden associated with rising costs of living in Nigeria, especially as it relates to fuel purchase. “As a responsible organization, we are excited to reward our loyal customers and welcome new ones with valuable incentives while ensuring their peace of mind on the road.” She further said: “At Heirs Insurance Group, we are on a mission to make insurance simple, and make insurance a lifestyle for every Nigerian. ”This promo presents an opportunity to support the Insurance industry Stakeholders in their bid to create awareness, increase insurance inclusivity, deepen insurance penetration, and get larger percentage of Nigerians to take advantage of the numerous opportunities offered by Insurance to individuals and corporate entities” With this offer, customers who purchase or renew their Third-party motor insurance plan from Heirs General Insurance will receive N1,000 airtime voucher and automatically qualify for a chance to win one of the twenty-five (25) available N100,000 fuel vouchers available during draws. Similarly, customers who purchase or renew their comprehensive motor insurance plans from Heirs General Insurance will receive a N3,000 shopping voucher and become eligible to enter the raffle draw for a chance to win one of the twenty-five N100,000 fuel vouchers.

https://independent.ng/heirs-general-insurance-offers-n100000-fuel-vouchers-more-with-its-motor-insurance-subsidy-promo/

Two years on from Russia invading Ukraine, David Worsfold examines the ongoing impact of the war on global insurance markets. John Bissell, executive director of Chartered Institute of Loss Adjusters, reveals plans to update the sector’s qualifications and ensure his members shape insurer’s practices, products and government policy. Allianz, along with DWF, has successfully seen two court cases for noise-induced hearing loss dismissed by judges, following the claimants being found to have been fundamentally dishonest. The Supreme Court has ruled that insurers are liable to pay for loss of rental income when credit hire vehicles are taken off the road by traffic accidents. James Nicholson, chief claims officer of Zurich UK, shares how the provider plans to do more retail and mid-market business and how it uses artificial intelligence to handle claims. Martin Parker, head of construction underwriting for the UK at specialist insurer Markel, highlights the increasing risk to the many contractors not exposed to the height of the asbestos crisis in the 1970s and 1980s. Post Podcast: As luxury goods prices are up 32% since 2019, the greatest Valentine’s gift brokers could give high-net-worth clients this year is to review their insurance needs. Insurance Post’s unique service will benchmark UK insurers’ strategies across key areas, including claims, fraud and technology. More than 300 small businesses that had claims declined by Canopius did in fact have cover for Covid-19 closures, a judge has ruled following arbitration. Analysis of more than 3000 escape of water claims by McLarens found that “trace and access” cover was required in more than half of all claims (51%). The countdown has started for you to get entries in for the inaugural 2024 British Insurance Technology Awards (BITAs). The Ministry of Justice has opened a call for evidence into the Whiplash tariff, first introduced in 2021, as part of a statutory review. View from the Top: Helen Bryant, managing director for digital and legal protection at Allianz Commercial, outlines the key considerations for SMEs as regards underinsurance and indemnity periods. The Chartered Insurance Institute’s New Generation Programme Claims group has today published a report calling on the industry to heighten understanding of second-hand trauma. With winter sports season in full swing, Aamina Zafar examines how the case against the A-list Hollywood actress highlighted the need for appropriate cover and training for claims handlers receiving calls from those who may have forgotten slope etiquette… Zurich has accused Greensill, its founder, and companies connected to it of operating a “fraudulent scheme” in its defence in a lawsuit brought by the administrators of Greensill Bank. Trade Voice: Sue Brown, chair of the Motor Accident Solicitors Society, argues joined up thinking is needed around digitalisation efforts in the UK civil justice sector. A shortage of rental accommodation has resulted in providers talking to pod providers about rehoming policyholders in these structures while their homes are repaired, Insurance Post can reveal. Mark McDonald, personal lines insurance director of Altus Consulting, tries to persuade a five-year-old to wear a coat, uses his commute to catch-up on podcasts and prepares to launch a broader claims consulting proposition. A voluntary code of conduct for the use of artificial intelligence in the claims industry has been launched, boasting support from Questgates, Covea and Ecclesiastical. Amid ongoing litigation over Covid-related business interruption claims, Allianz has insisted that its approach has put customers first and has been guided by a desire to obtain legal clarity on policy wordings.

https://www.postonline.co.uk/claims

Andrew Bourne Recognized as an Elite Boutique Trailblazer by The National Law Journal New York, NY—October 1, 2020—Hoguet Newman Regal & Kenney, LLP partner Andrew Bourne has been named a 2020 Elite Boutique Trailblazer by The National Law Journal. He is one of only 24 attorneys selected to the list this year. His profile is available here. As a partner in the firm’s Insurance Recovery Litigation and Counseling practice, Andrew has helped clients obtain hundreds of millions of dollars in insurance proceeds and other recoveries. He represents corporate and individual policyholders in federal and state courts across the country, and litigates significant and cutting-edge insurance cases involving a wide range of insurance contracts. Recently, Andrew represented Tesla’s independent board of directors in a major D&O insurance dispute over Tesla’s purchase of SolarCity, and also secured a groundbreaking decision from a New York appellate court recognizing that insurers can be sued for bad faith handling of an insurance claim. With his partners at HNRK, he also represents the second-largest agrichemical company in the world in multiple insurance matters. Andrew also takes a lead in HNRK’s marketing efforts and has spearheaded initiatives like the development of a guide to potential COVID-19-related insurance claims for businesses. He is the seventh HNRK partner to be recognized in The National Law Journal’s Trailblazers series since 2018.

https://www.hnrklaw.com/newsroom-news-198

The Federal Government says it plans to rebrand the Federal Fire Service in the coming months. The rebranding would expand the scope of the service as well as include a change of name. Speaking during the inauguration of 15 firefighting trucks and rapid response vehicles in Abuja on Wednesday, the Minister of Interior, Olubunmi Tunji-Ojo, said the service, when rebranded, would carry out rescue-related duties. Nigerians React To CBN’s Cash Withdrawal Limit Policy | Vox Naija! He said, “The fire service will soon be rebranded as the Federal Fire and Rescue Service. They will be expected to collect information, assess risk in various areas, and protect the health and safety of workers. Your vehicle’s safety must not be jeopardized. We must develop a robust, implementable, and adequately driven fire and rescue national framework. “This framework should identify and assess the full range of foreseeable fire and rescue-related risks, make provisions for prevention and protection activities, and respond to incidents appropriately. Alluding to the employment opportunities created by the fire services in foreign countries, the minister assured that with the rebranding, the fire service would create jobs through the service. He said, “Outside of the national scope, just the city of New York employs 11,000 firefighting employees, 4,274 emergency medical service employees, and 2,096 civilian employees, giving us a total of 17,370 employees. In the United States of America, there are 1 million and 41,200 career and volunteer firefighters as of 2020. “Nigeria is one of the world’s biggest economies. This means we cannot continue to neglect the issue of fire service. My personal opinion, as well as my position as a minister of the interior, is that the fire service should and will be a major employer in Nigeria. We are entering a new era that will foster employment through the Federal Fire Service. ” The Controller General of the service, Jaji Abdulganiyu said in the first and second quarters of the year, the service received 1,096 distressed calls, saved 111 lives, and saved 91 properties worth over N300bn were saved. “The statistics reeled out will be better in the coming days, as today marks yet another important milestone in our country’s history as we are here to witness the commissioning of the state-of-the-art firefighting trucks and Ford Rapid Response Vehicles,” he added

https://capitalwatch.ng/index.php/2023/10/12/fg-to-rebrand-fire-service-create-employment-opportunities/

To highlight the importance of having adequate cover in the event of a fire, we would like to share with you an actual story from one of our clients. On the 6th of June 2017 we received a notification from one of our insurers that one of our clients’ policy had been cancelled due to unpaid premiums. We tried several times that day to get hold of the client to try and reinstate the policy. Thankfully, on the sixth attempt we managed to get hold of the client. We explained the situation that should any unforeseen event happen, she might lose everything as she did not have a policy in place at that moment. The client confirmed that the policy should be reinstated. We immediately contacted the insurer who sent the new debit order and no claims declaration that was to be filled out in order to reinstate the policy from the 6th. They would do a debit the next Monday. We received the documentation and sent it to the client the same day to complete and sign. We received the completed documents the next morning (7th) and sent it to the insurer who in turn reinstated the policy (effective 6th) and sent us a copy of the reinstated schedule. Sadly, between the 7th and the 8th of June our client’s house and car were taken completely in the Knysna fires. While we only assisted the client in household and vehicle insurance (the client had homeowners insurance at the bank), we are pleased to say that the insurance claim was paid in full! The insurer even covered our client for rental payments up to a maximum of 12 months or until their house is rebuilt (if sooner) to ensure a safe stay for the interim. Just another story of a happy Vision client… things could have easily been very different! *Please ensure your premiums are paid up to date and that you have adequate cover to avoid being at risk. Remember: a fire can start anywhere, at any time.

https://www.visionbrokers.co.za/knysna-fires-a-real-vision-story/

In 1828, the Vermont Mutual Fire Insurance Company became the first insurance company founded in the state of Vermont. Today, the Vermont Mutual Insurance Group® (made up of Vermont Mutual Insurance Company, Northern Security Insurance Company, Inc., and Granite Mutual Insurance Company) provides insurance products to clients in all the New England States and in the State of New York. In order to increase agility, reduce operational costs, improve ease of use, and improve customer satisfaction, Vermont Mutual sought to transform and modernize the way it develops and rolls out new applications. By modernizing legacy systems, and rapidly provisioning new capabilities, the company looked to implement the vision of an agile architecture, where business units are centrally involved in developing the systems that run the business. Appian delivered an enterprise platform to power Vermont Mutual’s Core Systems Modernization Initiative. Appian provides a single system and a common user interface that can deliver support across an external web portal serving insurance agents and an internal web portal accessible to staff. Appian’s “zero-coding” development will enable the insurer to roll out a host of new applications in significantly less time than traditional programming approaches require. Appian’s native mobility also spurs user adoption, which is particularly valuable in extending processes to Vermont Mutual’s independent agent network.

https://appian.com/about/explore/customers/all-customers/vermont-mutual.html

Rivian is following Tesla not only by launching premium long-range EVs, but by launching its own insurance product. Rivian Insurance for the R1T electric pickup truck and the R1S electric SUV will be offered in 40 states initially (a lot more than Tesla), and will rely heavily on vehicle connectivity, according to the company\’s website. The website copy said Rivian will use vehicle connectivity and its knowledge as the manufacturer to diagnose problems, getting vehicles back to customers more quickly and, the company said, allowing for lower premiums than third-party insurance. Customers can also opt into a discount for use of Rivian vehicles\’ driver aids. However, that means letting Rivian track how frequently those features are used. Like some standalone insurance companies, Rivian will also offer the option to bundle auto, home, and boat policies. Auto policies also cover the various accessories Rivian plans to offer, such as a camp kitchen, as well as off-roading. That should mean customers won\’t be penalized with higher rates for using the R1T and R1S the way Rivian intended. Tesla launched its insurance product in California in 2019, and it\’s grown very slowly since then. Nonetheless, Tesla hopes insurance might become a significant business line, and it\’s planning expansions into Illinois, Texas and Washington. Tesla got into the insurance business when several major insurers hiked up premiums for Tesla coverage, claiming abnormally high claim rates. Rivian plans to start deliveries this summer, with remote delivery and app-based service requests, although more showrooms are on the way. It also recently detailed a battery warranty offering longer coverage periods than other United States-market EV brands. Green Car Reports has reached out to Rivian for more details about the policies and the data that goes with them.

https://carsread.com/2022/03/02/like-tesla-rivian-is-entering-the-insurance-business/

1 Metro Rankings OUR LAW FIRM IS DEDICATED TO HOMEOWNERS INSURANCE CLAIM DISPUTES AND PERSONAL INJURY No Fees Or Costs Until We Recover Money For You! Arnesen Webb, P.A. is a property insurance dispute law firm dedicated to the representation of policyholders against insurance companies. If you have sustained property damage to your home or business and your insurance company has wrongfully denied, delayed or underpaid your insurance claim, call us now to help. We provide home and business owners assistance with the claims handling process including preparation of sworn Proof of Loss (POL) statements, representation at an Examination Under Oath (EUO) and filing a Civil Remedy Notice (CRN). Our team of insurance attorneys guide policyholders through the complex legal issues involved with insurance claims and litigating against insurance companies. Many times homeowners and business owners do not fully understand the confusing and complex language contained in an insurance policy. Insurance policies cover many occurrences including damages caused by a hurricane, tropical storm, windstorm, burst pipe, supply line leak, roof leak, plumbing system failure, shower pan leak, fire, hail, vandalism, burglary/theft, and the list goes on. However, just because you buy an insurance policy and pay your premiums, does not mean that your insurance company will pay you the full value of your claim after a loss or disaster occurs. Insurance companies are businesses and like any business, their goal is to make a profit. They do this by taking in as many premiums as possible and by paying out the least amount of insurance benefits. Insurance companies "play the odds" that most policyholders will not hire an attorney after an insurance claim is underpaid or denied. Total Offices: 1 Total Attorneys: 6 |No. of Attorneys |No. of Attorneys |Litigation - Insurance |Litigation - Medical Malpractice The country's best legal placement firm may be able to get you there! Submit your resume to BCG Attorney Search today: CLICK HERE

https://www.bcgsearch.com/bestlawfirms/KriLR/Arnesen--Webb-P-A/rankings

After a successful first year in the market, WestfieldPro of Westfield Specialty has announced that it is expanding its errors and omissions and cyber liability offering and planning to enter the primary space. The company has also appointed Sara Trokan as senior vice president of specialty claims. Trokan has more than 17 years of financial and professional lines claims experience at Chubb. In her new role, she will be responsible for the overall growth, strategic direction and oversight of the cyber, E&), and professional liability claims teams. “We are thrilled to add Sara to the Westfield Specialty team,” said Dan Wadley, executive vice president of WestfieldPro. “With her background and experience, we have confidence that Sara will build out the claims team as well as the vendor support needed to provide superior claim service to our clients and broker partners.” “Sara has managed and organized claim handling and data collection across thousands of cyber and ransomware claims,” said Krista Glenn, chief claims officer at Westfield Specialty. “Sara has an outstanding reputation as a collaborator who sees the big picture and stays ahead of trends in this evolving line. Sara has led award-winning claims teams, and I am confident she will build and lead a best-in-class team at Westfield Specialty. Sara will also have influence over the development of the entire department as part of Westfield Specialty Claims’ senior leadership team.” Read next: WTW reports on developments in cyber insurance market Westfield Specialty has also added underwriters in New York, Chicago, and Alpharetta, Ga., over the past few months, in addition to expanding its West Coast operation. Westfield Specialty was launched in July 2021 as part of Ohio-based super-regional carrier Westfield. It is led by former Sompo International CUO and global insurance CEO Jack Kuhn. in its first year in the market, the company bound $120 million in gross written premiums. It is targeting $250 million for 2022.

https://digimashable.com/westfield-specialty-names-head-of-cyber-pl-claims/

Rand & Fowler Insurance Enables Digital Transformation with Applied September 23, 2021 Leading Vancouver-based independent insurance brokerage to automate personal and commercial lines policy lifecycles MISSISSAUGA, ON. – September 23, 2021 – Applied Systems® today announced that Rand & Fowler Insurance has selected Applied’s Digital Broker software to digitally transform their business. The brokerage will leverage Applied Epic to create automated and standardized processes, streamlining reporting and creating consistency in its staff’s daily workflows, across its six locations. Rand & Fowler will also integrate personal lines quoting and commercial lines submissions management, creating a single access point for rates and connectivity to automate policy information exchange with insurer partners. “Prior to Applied, we were challenged with multiple, disparate systems across our branches and the head office, creating overhead that distracted us from focusing on client service,” said Anna Chen, Rand & Fowler Insurance. “Applied’s Digital Brokerage solution gives our entire organization a single view of the business and a consistent way of operating so that our producers and staff can be more efficient with their time and in turn better serve our clients.” Applied’s Digital Brokerage offering consists of a foundational management system, personal lines and commercial lines quoting, and insurer connectivity, all hosted in the cloud. Applied technology enables brokerages to eliminate duplicative work and create higher-value business transactions to deliver superior customer experiences throughout the entire insurance lifecycle. Digital brokerages operate more efficiently, better leverage insurer relationships, improve customer service, minimize errors and omissions and accelerate growth and profitability across all lines of business. “Too often we see large brokerages managing multiple, disparate systems that result in paper processes and manual work, stifling growth with no room to scale,” said Philippe Joassin, vice president of Sales, Applied Systems. “Applied will deliver a single system with better visibility the business and automated policy workflows for both personal and commercial lines, preparing Rand & Fowler for growth now and in the future.” # # # About Applied Systems Applied Systems is the leading global provider of cloud-based software that powers the business of insurance. Recognized as a pioneer in insurance automation and the innovation leader, Applied is the world’s largest provider of agency and brokerage management systems, serving customers throughout the United States, Canada, the Republic of Ireland, and the United Kingdom. By automating the insurance lifecycle, Applied’s people and products enable millions of people around the world to safeguard and protect what matters most.

https://www1.appliedsystems.com/en-us/news/press-releases/2021/rand--fowler-insurance-enables-digital-transformation-with-applied/

Demotech Affirms Financial Stability Rating® Assigned to Fidelity National Title Insurance Company Columbus, Ohio, March 15. 2023: The Financial Stability Rating® (FSR) of A’ (A Prime), Unsurpassed, assigned to Fidelity National Title Insurance Company has been affirmed by Demotech, Inc. This level of FSR is assigned to insurers who possess unsurpassed financial stability related to maintaining positive surplus as regards policyholders, liquidity of invested assets, an acceptable level of financial leverage, reasonable loss and loss adjustment expense reserves (L&LAE) and realistic pricing. FSRs summarize Demotech’s opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle. FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC). About Fidelity National Title Insurance Company Fidelity National Financial, Inc. (FNF), is a leading provider of Title insurance, mortgage services, specialty insurance and information services. FNF is the nation’s largest Title insurance company through its Title insurance underwriters – Fidelity National Title, Chicago Title, Commonwealth Land Title and Alamo Title – that collectively issue more Title insurance policies than any other Title company in the United States. FNF also provides flood insurance, personal lines insurance and home warranty insurance through its specialty insurance business and is a leading provider of global human resources, payroll, benefits and payment solutions through a minority-owned subsidiary, Ceridian Corporation. More information about FNF can be found at www.fnf.com. About Demotech, Inc. Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, Demotech has served the insurance industry by assigning accurate, reliable, and proven Financial Stability Ratings® (FSRs) for Property & Casualty insurers and Title underwriters. FSRs are a leading indicator of financial stability, providing an objective baseline of the future solvency of an insurer. Demotech’s philosophy is to review and evaluate insurers based on their area of focus and execution of their business model rather than solely on financial size. Demotech was the first to review and rate independent regional and specialty insurers. Demotech’s consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US. Visit www.demotech.com for more information.

https://www.demotech.com/fsr_notifications/fsr_notification_51586/

Large-scale immersive fireworks show, national style fireworks show, national fashion music party, zero-point New Year's Eve fireworks prayer, the length of more than four hours of the grand New Year's Eve fireworks show in the evening of December 31, 2023 in the Sky Theater grand staging. This event by the Hunan Fireworks Troupe fireworks display, according to Huang Cheng, The 2023-2024 Liuyang River Fireworks - New Year's Eve Fireworks Prayer Night will be divided into "Liuyang River Fireworks" large-scale immersive fireworks show, "The end of the world is a total of this time" national style fireworks show, the national tide of music party, as well as zero-point New Year's Eve Fireworks Prayer, and so on four major parts. Among them, the "Flame Encounter Liuyang River" large-scale immersive fireworks show is themed on "Beasts Praying for Blessings", combining the five auspicious beasts of "Xuanwu, Phoenix, Qilin, Qinglong and Pixiu" in the classic Chinese IP "Classic of Mountains and Seas", which are the most popular in the world. "Five kinds of auspicious beasts, will present the audience with "the dragon is spiritual", "heavenly blessings", "the mighty and auspicious Qilin", "phoenix dance on Jiuzhou" and "Xuanwu offer longevity" five chapters, through the five stories gradually awaken the beasts, to all viewers to bring longevity, peace, good luck, peace, good fortune and good wishes. The fireworks will illuminate the world, and the joy will be boundless! One of the highlights of this New Year's Eve event is to send the best New Year's blessings with fireworks as the carrier, based on the roots of traditional Chinese culture. The New Year's Eve also launched the "Blow up your wishes into the sky" wish collection activity on the whole network, the general director Huang Cheng will collect the wishes written on slips of paper, which will be installed into the barrel by the fireworks workers, and these wishes will rise into the sky together with the fireworks and blossom brightly on the New Year's Eve. During the whole time of the National Wave Music Party, a special "Sky Wish Program" was set up on site. The camera will randomly capture the audience in real time and invite them to say their New Year's wishes. It is worth mentioning that the party will use an immersive rotating stage, choreography inspired by the Chinese "Hetu Luoshu", known as the "Magic Cube of the Universe", into the cosmic astrological reasoning and the traditional source of the five elements, breaking the traditional choreography to express, and fireworks for in-depth integration, to bring a different kind of fireworks. It breaks the traditional way of choreography expression and deeply integrates with fireworks, bringing different audio-visual experience!

https://www.broadfireworks.com/blog/Large-scale-immersive-fireworks-show/

Lower East Side Binge like Bourdain First one’s on us You’ll want to read this Presented by Farmers Insurance Because the Bhutanese take archery very seriously—sort of. Presented by Farmers Insurance. How to navigate Berlin’s club culture, presented by Farmers Insurance. Sample dumplings, chicken feet, and turnip cakes in Hong Kong, presented by Farmers Insurance. Enjoying Armenian cuisine with locals. Presented by Farmers Insurance. A sense of home is the fuel that Newfoundlanders run on. Presented by Farmers Insurance Share a moment and some yerba mate with friends, presented by Farmers Insurance. Your ultimate book and movie list. Oukaimeden should be your next skiing destination. “Any reasonable sentient person who looks at Spain, comes to Spain, eats in Spain, drinks in Spain—they’re going to fall in love.” Grab free mangoes, eat “soup” with your hands, and don’t forget to feed the chicken. “Detroit isn’t just a national treasure. It IS America.” “I’m no marine biologist, but I know dead octopus when I see one.”

https://explorepartsunknown.com/collection/ultimate-traveler/

Chinese language authorities takes over property developer’s insurance coverage arm | Insurance coverage Enterprise Asia Life & Well being Chinese language authorities takes over property developer’s insurance coverage arm 5 state entities kind new firm to deal with the complete enterprise and associated belongings Life & Well being China’s monetary regulator has granted approval for the acquisition of China Evergrande Group’s insurance coverage enterprise by a newly established state-owned entity. The Nationwide Administration of Monetary Regulation in China made the announcement final week, stating its settlement to switch the complete enterprise, together with the associated belongings and liabilities, of Evergrande Life Insurance coverage to Haigang Life Insurance coverage. Haigang Life Insurance coverage is a novel entity funded by 5 state-backed organizations. Shenzhen Metropolis Penglian Funding, a government-supported entity, will maintain a 51% stake in Haigang Life, whereas the China Insurance coverage Safety Fund, additionally state-backed, will possess 25%. The remaining share is owned by three different state-affiliated firms. Whereas neither social gathering has offered a purpose for the switch, the report advised it could be a vital step in Evergrande’s asset liquidation efforts, given the property big’s ongoing restructuring. Evergrande Life was dealing with insolvency, in accordance with related information. The 2021 annual report of its Hong Kong-listed mother or father, Evergrande Group, printed in mid-August following important delays, disclosed that the life insurance coverage arm incurred losses exceeding CNY40 billion ($5.5 billion) in that yr alone. This example resulted in whole liabilities surpassing whole belongings by practically CNY19 billion by the top of 2021. Particular particulars concerning the worth and different elements of transferring Evergrande Life’s enterprise, belongings, and liabilities to Haigang Life stay unclear. That mentioned, the brand new insurer might be headquartered within the coastal metropolis of Shenzhen as a substitute of inland Chongqing. What are your ideas on this story? Please be happy to share your feedback beneath. Sustain with the newest information and occasions Be a part of our mailing listing, it’s free!

https://www.sr22insurancenews.com/chinese-language-authorities-takes-over-property-developers-insurance-coverage-arm/

Artificial makes the complex underwriting process frictionless with one powerful, automated platform. Artificial drives maximum growth and efficiency for your business. Underwrite up to 8x faster and free up time for high-value tasks. Enhance risk selection and reduce loss ratios with more accurate data. Cut the cost of processing complex submissions by 90%. An all-in-one platform for the insurer of the future. Lead the market with Artificial’s algorithmic underwriting platform. Say goodbye to manual data entry with automatic, real-time extraction. Triage risks in seconds with automated decision making. Build digital contracts with structured data, aligned to market standards. Powerful underwriting with human-in-the-loop decision making and support. Effortlessly integrate data with internal and external sources via API. LONDON, 12th February 2024 - BMS, the independent specialist insurance and reinsurance broker, is pleased to announce it has partnered with Artificial Labs, the algorithmic underwriting specialists, to adopt their Contract Builder as part of a programme to use digital placing initiatives across the brokerage. LONDON, 6th February 2024 - Artificial Labs, the leading algorithmic underwriting insurtech, is delighted to announce the completion of an £8M Series A+ funding round. The investment was led by Europe’s premier publicly listed fintech fund, Augmentum Fintech, with participation from existing investors MS&AD Ventures and FOMCAP IV. LONDON, 10th January 2024 - Placing Platform Limited (PPL) and Artificial Labs have entered into a multi-year partnership agreement, in which they will work together to accelerate delivery of a fully integrated digital trading experience. Book a chat with us to discover how we could transform your insurance business.

https://artificial.io/

Make a Referral Know other Business Owners, Directors or Network Members who could benefit from our advice & insights? Invite them for a free review and earn £50. If they place their Insurance program via us you will both earn £350. How it Works 1. Refer a friend. Tell us about your contact – Name, Contact number and email address. 2. We will reach out. We will make contact and offer a free review to share insights and explore how we can help. We’ll send you both a digital gift card when your friend has placed their Insurance program via us. Earn £350 for Businesses with £2m+ T/O or 10+ HGV’s. £50 for a free Insurance review and agreement to quote and £350 once the Commercial Insurance program is placed via OSCAR for business with £2m+ T/O or 10+ HGV’s. We’ll send you a £50 gift card after your contact engages us to quote for their Insurance Renewal. We’ll also send you both gift cards after your contact places their Commercial Insurance via OSCAR. There is no limit to the rewards you can receive, so refer as many friends as you like!

https://oscarib.co.uk/referrals/

Let our insurance recruitment consultants guide you to success Similarly to the broader financial services sector, the insurance industry is going through a transformation particularly driven by digital, InsureTech and an increased risk and regulatory complexity. The Middle Eastern market has become more sophisticated in this regard and companies continue to innovate and change their business models to stay up to date. Cooper Fitch’s financial services team has a significant track record of partnering with insurance entities since 1997 by bringing talent from overseas and recruiting locally. We pride ourselves on not only being able to support business expansions locally but also internationally by assisting our clients with a process of executive search, candidate assessment, analysis, and large-scale account management in order to deliver top tier talent. The firm has placed positions in the last 6 months in the GCC… Chief Executive Officer Chief Claims Officer Head of Agencies – Sales Health Underwriting Director Underwriting Excellence Director Motor and Personal Lines Underwriting Director Head of Product Development Head of Insurance -in-house Engineering Underwriting Director Marine Underwriting Director Head of Business Insurance Service Line Our guide unveils expected salary ranges for new hires across various industries and core functions across the Kingdom of Saudi Arabia and the United Arab Emirates for 2022. Want to know more?

https://cooperfitch.ae/insurance-recruitment/

HOMEE and Kustom Announce Partnership, Engineer Seamless CAT Claims Experience for Insurance Carriers HOMEE today announced a National Service Pro Network Partnership with Kustom, the largest privately-owned, full-service restoration company in North America. Both companies will leverage this relationship to expand their capacity to quickly assist the nation's leading insurance carriers' catastrophe responses. Kustom will also gain access to the HOMEE software platform and its predictive analytics to better prepare for disasters before they strike. The partnership integrates Kustom's national network and over half a century of service excellence with HOMEE's catastrophe marketplace software, MyCAT Marketplace. "Partnering with Kustom will elevate MyCAT Marketplace because our marketplace thrives on having a healthy selection of quality restoration vendors for our carrier partners to choose from in advance of a weather event," said Larry Nettles, Vice President of Pro Operations at HOMEE. "Kustom provides top-tier restoration services in 49 states and has proven themselves valuable partners to homeowners for over 50 years." HOMEE will connect Kustom to insurance carriers seeking best-in-class restoration services before, during, and after a catastrophe event. Additionally, HOMEE will provide a digital marketplace that connects carriers and service providers, enabling the routing of well-qualified claims to Kustom. Upon confirming acceptance of the claims, Kustom will provide the high-quality restoration services cost-effectively, timely, and with consistent and transparent communication. "Our partnership with HOMEE will create an elevated and frictionless experience for our mutual partners, providing an opportunity to bring our industry-leading claims response services to the MyCAT Marketplace," said Kevin Sheppard, COO. "We are both heavily invested in digital transformation and aligned in our strategy to implement emerging technology that provides our clients with reduced claims cycles and unparalleled communication pre-and-post CAT event." HOMEE is leading the digitization of property claims. HOMEE's pioneering technology connects insurers, policyholders, and skilled service providers throughout the lifecycle of a claim. The HOMEE Digital Marketplace & Claims Management platform, combined with a highly curated network of service providers, is utilized by leading insurance firms to dramatically improve policyholders' claims experience. HOMEE is backed by investment from leading insurance companies such as Liberty Mutual, State Farm, The Hartford, Desjardins, and Ferguson Ventures. For additional information on the HOMEE Claims platform, visit www.HOMEE.com. Founded in 1968, Kustom US (www.kustom.us) is a nationally acclaimed and industry-leading property restoration firm that provides unparalleled disaster recovery services to local, regional, and national clients. Kustom has demonstrated a deep understanding of operations to consistently exceed client expectations and continues to grow into one of the most adaptive, customer-focused property restoration companies in North America. 640 E. State Road 434, Suite 1000 Longwood, FL 32750 Media contact: Riley Ward, [email protected]

https://www.homee.com/press-releases/homee-and-kustom-announce-partnership

Home » ABOUT MEDICAL SUBROGATION EXPERTS » MEDICAL SUBROGATION CONTINUITY Client Focused. Results Driven. Some claims can linger for years before resolving, and maintaining a connection with them is vital for your organization’s sustained success. At Vengroff Williams Medical Subrogation, we prioritize continuity across all aspects of your losses to ensure that your organization remains well-positioned to reap the benefits over the long haul. Our experienced staff will diligently manage your open liability claims despite internal and external changes through a cohesive medical subrogation program that consistently exceeds your expectations. Vengroff Williams Medical Subrogation goes beyond providing continuity; we streamline and consolidate all health plan costs into a single claim. Acting as the central point of contact for all aspects of your claims, we collaborate with your disability administrators and pharmacy management vendors to capture and maximize recoveries. Our team identifies opportunities for coordinating benefits, effectively shifting costs back to the appropriate payer. Whether it’s Workers’ Comp-related or covered under no-fault, PIP, or other insurance coverage, Vengroff Williams Medical Subrogation reports back to the health plan, highlighting costs that could be the responsibility of another payer. This proactive approach prevents unnecessary fund payouts, which are equivalent to recovering money for your organization. Gain powerful insight into each open, recovery, pending, and closed claim with Vengroff Williams Medical Subrogation’s range of standard reports. Available monthly or quarterly, these reports can be customized and organized by business units, administrators, geographical areas, or any other criteria, providing cost-saving insights into your health plan. Stay informed and stay in control with Vengroff Williams Medical Subrogation.

https://vengroffwilliams.com/about-medical-subrogation-experts/medical-subrogation-continuity/

battleface partners with Stella Insurance Travel insurance provider Battleface is announcing a partnership with Australian insurance startup Stella. As part of the partnership, Stella will leverage battleface’s API to offer its customers travel insurance. Founded in 2018, Stella’s first product was car insurance underwritten by QBE. It also offers pet insurance. “We are delighted to welcome Stella Insurance as our new partner. Stella Insurance has already made such an impact in the insurance space; we are able to complement their offerings and ensure exceptional customer experiences and personalised travel insurance solutions. With this partnership, we’re excited to extend our modular insurance products to Stella Insurance’s customers, providing them with the peace of mind they deserve during their travels.” – Matt McLellan, battleface managing director, Australia. “Like Stella Insurance, battleface is like no other; an innovative, fresh, future-thinker that stands out from the crowd and will play a major part in Stella Insurance’s future achievements. Our partnership with battleface is about innovating and delivering exceptionally flexible and customizable travel insurance with features tailored to women such as unexpected complications to pregnancy cover, child minding services for parents and carers, and domestic violence cover providing them with the freedom to explore with confidence. The number one thing that we look for in a partner is aligned values as well as having a shared vision to support Stella’s purpose of challenging the status quo to create a more gender equal world. Beyond this, we look for partners that have an appetite to collaborate in developing products and features that are female focused to drive growth and deliver real impact, battleface ticked all these boxes.” – Renee Cosgrave, Stella Insurance COO.

https://coverager.com/battleface-partners-with-stella-insurance/

Risky People – Recognizing the Human Risks to Your Projects Presented by Tiffany Turner Fite, Business Partner | Change Management | St. Luke’s Health System Learn how St. Luke’s Health System is drawing awareness to project risks through the purposeful inclusion of a “Change Management” section in our risk workshops. People risks are a critical call out on the risk register, yet many organizations fail to recognize people risks as a threat like project cost, schedule, strategy, or performance. - Bolster common project risks in risk workshops - Strengthen project adoption by bringing awareness to people risks - Leverage sponsors, committed and influential executives to discuss people risk - Disrupt risk workshops to build project and change management capability You can claim 1.0 PDU for the this Lunch and Learn. The topic aligns with any/all of the PMI Talent Triangle® components. Tiffany Turner Fite is a Business Partner, Change Management at St. Luke’s Heath System. While project managers prepare a solution for an organization, Tiffany helps prepare the organization for the solution. Tiffany has successfully partnered with project managers in multiple industries and enjoys building change capability with project managers and leaders. When not helping realize people dependent ROI on projects, Tiffany enjoys traveling anywhere, and everywhere, with her teen sons and husband.

https://pmiwic.org/2021-june-9-lunch-and-learn/

tCs formerly Cunningham Lindsey Philippines, is a professional organization of qualified independent insurance claim specialists, with a wealth of knowledge spanning nearly 50 years experience of doing business in the Philippines and globally. We have direct experience in not only the Philippines but also United Kingdom, Australia, New Zealand and all of Asia. We have vast direct experience of some of the most significant insurance events in Asia and providing individual solutions for our clients following those events. tCs can trace its origins as far back as Toplis & Harding (Far East), Inc. a Philippines British company in 1966. Toplis & Harding (Far East) was the preferred and dominant international loss adjuster in the country up to 1996 and was then invited by a global organization, Cunningham Lindsey International, to be its Philippines Office for 23 Years. After Cunningham Lindsey was purchased by Sedgwick, we re-branded to tCs, enabling us to offer an even better streamlined service to all clients, not just those of Cunningham Lindsey. We are proud to collaborate with all of our partners both in the Philippines and Internationally. Who We Are tCs looks forward to continuing to assist Philippines and International clients by providing a more direct superior service of the highest technical quality to meet the needs of our clients. tCs has a team of insurance claims specialists for managing Major and Complex Claims, Fire & Property, Marine, Engineering, Business Interruption, Power and Energy, Machinery Breakdown, Construction Losses, Miscellaneous Casualty and Liability Claims to objectively assist both Insurers and Insured. To provide timely, proactive and creative claims management solutions to help all parties concerned. To be the best at what we do, for the benefit of all our clients in the Philippines and Overseas Our Core Values tCs believes that trust, integrity, empathy, and equity are the core fundamentals of exceptional claims services. Together with the combined values of transparency and good communication, tCs applies these principles to produce the highest quality service to the industry.

https://tcs.claims/about-us/

Marsh Canada is proud to be the exclusive broker to the Canadian Museums Association (CMA). Such recognition is not taken for granted, and in our view, carries a responsibility to ensure program coverages continually evolve to reflect the needs of the museum sector.The program provides tailored insurance designed for museums and art galleries, as well as related organizations such as foundations, councils, and societies. Group purchasing provides an excellent spread of risk. The impact of any given loss to a group program would be relatively small — the same loss to an individual institution could be catastrophic. Let the overall results of your group program help protect you from the unexpected cost variations of an individual insurance purchase. - Power of group purchasing - Competitively priced insurance products - Enhanced coverages tailored to the museum sector - Capacity to accommodate all sizes of museums and related institutions - Reputable and financially stable insurers recognized as leaders in the field of fine arts/specialty insurance - Experienced, qualified claims adjusters The CMA Program The program is national in scope, and caters to museums and galleries, as well as related institutions specializing in a variety of disciplines, including: - General Interests - Living History - National History - Special Interests - Boiler and Machinery - Business Interruption - Commercial General Liability: - Host Liquor Liability - Media Expense - Copyright Infringement - Miscellaneous Abuse - Umbrella Liability - Directors and Officers Liability - Art Collections including: - Permanent and loaned objects - Incoming and outgoing exhibits, including while in transit - Art rentals - Objects while in storage Set Your Insurance Reminder Our experience in designing and managing group programs has positioned us as one of the leading insurance brokers for galleries and museums with over 200 currently participating in the program — let our experience help benefit you.

https://www.marsh.com/ca/en/services/affinity/products/canadian-museums-association-insurance-program.html

With current market conditions leading to more challenging placements, more insureds are turning to parametric insurance to supplement their traditional coverages. This year alone, we’ve seen a 500% increase in submission volume. This growth is expected to continue as the structures become more sophisticated, insured awareness increases and exposures increase in complexity and outgrow their traditional coverages. In fact, Allied Market Research predicts the parametric market, valued at $11.7 billion in 2021, will reach $29.3 billion by 2031, almost tripling in value. Advantages of Parametric Insurance Parametric insurance aims to resolve two of the greatest challenges insureds experience with their coverage: speed of recovery and freedom to deploy their recovered capital as they see fit. These solutions are based on pre-defined event triggers, such as windspeed, ground shaking or river height. They offer a level of clarity and certainty that is unmatched in the traditional market. If an event occurs and meets or exceeds the trigger, the solution pays according to the intensity and agreed payout function. While trigger events will depend on the policy, insureds follow a simplified “proof of loss” process to certify actual financial impacts allowing for payouts in under three weeks in most cases. The three main benefits to this non-traditional set-up are: - Rapid payout. Insurers use near real-time and publicly available data so claims can be paid quickly, often in a matter of weeks. This affords cash flow and liquidity, which may enable a business to recover faster from an event. - Flexibility. The policy indemnifies the insured against the circumstances around an event, rather than an underlying portfolio of actual losses incurred. The insured can then use the proceeds however they see fit, provided it covers any direct or indirect financial loss associated with that triggering event. - Transparency. Everything is predefined in the parametric insurance contract so there’s no ambiguity over when, how and how much the contract is going to pay out. This balance sheet/income statement protection has the added benefit of having the functionality of property insurance as well. You can learn more about the history of parametrics and the benefits of these solutions here. Help Your Clients Get Started Insureds use parametrics for a variety of reasons. Ultimately, it is a tool that organizations can add to their risk management arsenal to: - Complement traditional insurance - Deductible buy-downs - Cover uninsurable or underinsured risks - Replace lost traditional capacity - Cover uninsured expenses - Losses not covered by exclusion or underinsured by sublimit - Unscheduled assets and infrastructure - Offset post-loss premium budget volatility - Premiums that have increased following a loss Since these structures are bespoke and non-traditional, brokers must guide their clients through the market and help them compare options. To ensure proper structuring, organizations will need to provide: - Schedule of values to show where things are located and how much they're worth. - Loss history to help with benchmarking trigger design against the performance of the account and those historical events. - Specific goals and what they want to achieve. - Why does the insured want/need a parametric? - What is the insured’s objective? - What problem is the insured trying to solve? Markets are already realizing the advantages parametric insurance can offer. Utilization of this type of coverage will continue to expand and we expect changes not only in the amount of capacity that is available in the space, but in terms of the sophistication of the markets and the structures they can offer. Amwins Knows Alternative Risk At Amwins we have deep structuring experience and unmatched market knowledge. With this expertise, we have a best-in-class grasp of the market, its appetite and its capabilities. We can tell you whether a standardized structure will work for your client or if a custom design is needed. We know parametric insurance is not simply property insurance. It’s balance sheet protection, a hedge against a defined uncertainty. Contact Alex Kaplan directly to learn more.

https://www.amwins.com/resources-insights/article/parametric-insurance-offering-more-protection-in-a-challenged-market

With digital transformation being an inevitable movement, partnering with insurtech companies is an effective way for insurance companies in Vietnam go faster and smarter in the digital race. While Industry 4.0 is becoming a hot topic in recent years, it has stood as a premise for insurance businesses in Vietnam to quickly join the digital transformation race. That race continues with a new trend – smart digital transformation, driven by great development and advances of technology. Specifically, the application of AI is no longer a distant prospect perhaps found in a sci-fi movie, but is now becoming popular in everyday life and in the insurance field. AI technology with deep learning ability, wide artificial neural network and ability to process a large amount of data, can make more accurate predictions than human ability. However, the development of AI applications among insurance businesses is still facing barriers because of the cumbersome traditional process as well as the need for a team of qualified technology experts in this field. To promote and quicken the application of AI in the insurance sector, experts said insurance companies should work with intermediate units, including insurtech firms, to fast-track their digital transformation journey. This is considered as an effective shortcut for insurers who want to leapfrog in this digital era. “There are some tech trends that will change the insurance industry. It will develop codeless code or low-code, shortening the cycle of application development, partnering with insurtech firms, and developing digital insurance,” said Hoang Viet Tien, deputy general secretary of the Vietnam Digital Communications Association (VDCA). In this trend, insurtech companies in Vietnam are heading to develop new technology applications to meet growing demand. Among groups in the local market is Global Care – a pioneer in providing digital transformation platform solutions in the insurance industry in Vietnam. With strong advantages in technology, Global Care in December launched AI CAR SURVEY – the first smart car inspection AI tech solution in Vietnam. “With a multi-platform digital tech ecosystem, Global Care is proud to be the digital distribution channel for insurance companies, digitalising insurance products onto technology platforms and bringing insurance products closer to each person,” said Dinh Thi Ngoc Niem, chairwoman and CEO of Global Care. “AI CAR SURVEY continues to add to the technology ecosystem of Global Care and is expected to become a platform to help insurance companies digitalise the entire process of granting vehicle insurance policies.” At the same time, the system will help insurers go faster on the smart digital transformation path as well as improving customer experience, Niem added. Developed with advanced AI and embedded technology, AI CAR SURVEY allows flexible integration into applications, websites, insurance sales platform, and connects via API and software tech kits, building an application for insurers. It is also easy to use in a variety of devices such as smartphones and tablets. The application of AI CAR SURVEY is expected to bring many outstanding benefits to insurers such as helping reduce human resource costs; quickly taking photos and assessing real-time physical damage; and detecting and recording losses of up to 98 per cent of physical damage. It stands ready to issue insurance policies anytime, anywhere on mobile devices online. Insurers can also significantly prevent and reduce fraudulent practices during the photography and loss assessment process. This application also helps insurers take the lead in applying modern technology of international standards. With AI CAR SURVEY, people now can think about full digitalisation of the process of issuing car insurance policies. AI solves most of the cumbersome process of issuing physical orders. It also helps simplify the photo taking process in the issuance of physical insurance for cars. Notably, photo taking for loss assessment will be carried out easily by anyone with AI guidance, instead of being carried out by examiners in the past. In terms of core technology, the system has been developed with Deep CNN, a specially developed deep learning convolutional neural network architecture. At the same time, AI technology can be applied for autonomous vehicles in the process of issuing physical insurance policies. Currently, in the market of car inspections before issuing insurance policies in Vietnam, AI CAR SURVEY is among the few platforms that can direct the user to the correct and sufficient shooting angle and real-time loss assessment, and can detect tiny scratches and dents. Tien of the VDCA added, “Technologies such as AI CAR SURVEY will be able to become an indispensable tool that should be applied to the motor insurance process to help speed up the smart transformation track.”Tags: AI, AI CAR SURVEY, Bảo hiểm, chuyển đổi số, Global Care, GSale, GSale là gì, Insurtech

https://globalcare.com.vn/2023/02/01/ai-in-insurance-the-inevitable-trend-in-digital-transformation/

Lynda Stickler is a client executive with M3 Elevate, a division of M3 Insurance specializing in business insurance and employee benefits for growing companies. She focuses on property and casualty insurance programs and supports the agency’s efforts to secure new business and maintain positive client relationships. Stickler consults with and advises clients about the design, implementation and management of their business insurance coverage. Beyond her professional endeavors, she finds joy in quality moments with her family and her Goldendoodle, Tilly. Additionally, she has a passion for golfing, hiking, boating, pursuing fitness goals, and cooking. - Earned Bachelor of Business Administration in finance from Western New England College - Began insurance career as a commercial placement specialist with Couri Insurance in 2004 - Joined M3 in 2009 - Wisconsin-licensed property and casualty agent - Wisconsin-licensed life and health agent - California-licensed property and casualty agent - Certified Insurance Service Representative (CISR), Elite - Ronald McDonald House Charities of Eastern Wisconsin and Madison, volunteer - United Way of Greater Milwaukee & Waukesha County, volunteer - Lifestriders, volunteer - Milwaukee Women’s District Golf Association, member - BMCC, Women’s Board Vice President and Executive Representative

https://m3ins.com/person/lynda-stickler/

Huatai Insurance Agency & Consultant Service Ltd. (“Huatai”), founded in 1993 as a state-holding sino-foreign joint venture and headquartered in Beijing, is the first nationwide professional insurance consulting and service company licensed by state insurance regulating authorities in China. We have set up 24 branches and a nationwide network in order to provide better service to all our clients in China and support our professional service teams of head office locally. Huatai have gained rich experience for various insurance project services, such as property insurance, Iiability insurance, construction & erection insurance, marine insurance and life insurance.Read more → Huatai Surveyors & Adjusters Co. (Huatai Surveyors) is a holding subsidiary of Huatai Insurance Agency & Consultant Service Ltd. Appointed as the exclusive Lloyd's agent in mainland China since 1993Read more → Established in 1993,our marine service was one of the earliest overseas agency services in Huatai Insurance Agency & Consultant Service Ltd. Our clients include worldwide prestigious P&I Clubs,H&M insurers,shipping companies,etc.Read more → OTl provides claim services to insurance company and their insured in respect of travel insurance,health insurance,accident insurance and liability insurance,etc.; meanwhile,we also offer medical assistance services.Read more → Business description: Huatai personal line insurance service provides third party solution for insurance companies，self- insurance/mutual-insurance group and corporate clients. We provide global assistance ，healthcare management，claim settlement and investigation services，including travel and medical assistance，direct billing，cost control，medical appointment...Read more →

http://chinapool.org.cn/zzywwzgb/Business59/Insurance%20Agency/index.html

Commercial Garage Door Repair Commerce, GA What does your business reputation mean to you? Customers and visitors scrutinize every aspect of your premises. Although commercial garage doors are primarily a practical feature, appearances are also important. If your commercial garage doors are damaged, they can reflect poorly on your business. HABPRO has over 40 years of experience in the repair, installation and replacement services for commercial garage doors in Commerce. Doors that jam or fail will cost your business production time. Repairing these essential features will keep your business operations running smoothly. At HABPRO, we are committed to rapid response and minimum disruption while we work on your commercial garage doors. If repair is not a feasible option, replacement of commercial garage doors is an affordable solution with HABPRO. New Commercial Overhead Doors Are you in the market for new commercial overhead doors? Turn to HABPRO for an expansive range of replacements. Many of the businesses we work with are concerned about security. Our new commercial overhead doors offer several options for keeping your products and operations safe. You can control access to storage and production areas with technologically advanced opening systems. Our commercial overhead doors are durable, with smooth opening and closing mechanisms. HABPRO partners with leading suppliers to bring you elite products in Commerce. A member of our team can answer any questions you have and provide guidance on the most suitable commercial overhead doors for your needs. All the installation team members at HABPRO have specialist training. We will work quickly and efficiently to ensure that daily business processes can continue unimpeded. If you need an experienced company to replace commercial overhead doors, turn to the industry experts at HABPRO. Contact our offices today for commercial door repair, installation or replacement. We are industry experts serving residential and commercial property owners.

https://www.habprogaragedoors.com/commerce-commercial-garage-doors/

By Favour Nnabugwu A good number of Insurance Journalists covered under the group accident insurance policy sponsored by Consolidated Hallmark Insurance (CHI) Plc in it’s Corporate Social Responsibility, CRS, have so far been paid claims including the most recent one that ram under a trailer after being hit from behind. As a responsible corporate citizen, CHI put in place for Insurance Journalists in the country, Group Personal Accident Insurance cover worth N24 million Sum Assured and the cover is being provided by the insurance company. This gesture, according to the company, is part of its Corporate Social Responsibility (CSR) project, to ensure that journalists who are exposed to danger and hazard in the discharge of their duties are adequately protected. Speaking on the development, the group managing director/CEO, CHI, Mr. Eddie Efekoha said that the gesture was to show the kind of values and respect his insurance firm has for journalism. According to him, “Journalism is a risky profession, hence, the need to adequately provide insurance for those covering the insurance industry. The Journalists who are members of the National Association of Insurance and Pension Correspondents (NAIPCO) have been enjoying the feat from the insurance company over the years. The company had promptly paid accident claims of a member who had an accident in February this year, while the second one took place in July. The recent payment was for a member who had an accident when the car he was driving was hit by another vehicle from behind and pushed him under the trailer in front of him. The fourth person was paid few years ago after a she had an accident while traveling with executive members of Nigeria Union of Journalists However, covered under the group personal accident cover issued to NAIPCO, CHI stepped in to pay the hospital bills of the member while the victim has been discharged from the hospital and he is now in good health. On her part, Chairperson, National Association of Insurance and Pension Correspondents (NAIPCO), Mrs. Nkechi Naeche-Esezobor, thanked the insurance firm on the claims paid, stating that, this is a testimony that insurance works and that insurers are actually paying genuine claims.

https://patomabusinessonline.com/2022/08/30/chi-pays-insurance-journalists-claims-from-group-personal-accident-insurance/

Acting by its administrator, Mr Gary Steven Pettit of PBC Business Recovery & Insolvency Limited Date of administration: 18 August 2023 Verex Group, the market leader in dedicated connected car services, has announced it will be providing branded insurance and accident management solutions for premium luxury vehicle manufacturer, Genesis. The contract will include an exciting range of fully branded insurance and accident management services that will provide the vehicle manufacturer’s customers with a tailored and comprehensive service. The new insurance & accident assistance solution has been developed to mirror the brands offering and ensure it delivers the ‘Genesis Difference’ by combining comprehensive cover with a seamless service to offer a customer experience that is second to none. Genesis Insurance will make the claims process hassle free for their customers by automating the process between insurers and the vehicle manufacturer. The innovative solution managed by Verex Group will use cutting-edge technology to put customers in control and remove the inconvenience and hassle that an accident can cause. Andrew Long, MD of Verex Assistance, said, “We are delighted to be partnering with Genesis and offering their customers our portfolio of market leading connected insurance and accident management services using the latest cutting-edge technology. As Genesis launch their range of cars in the UK, they will have an insurance solution that reflects this prestigious brand.” Andrew Pilkington, Managing Director of Genesis Motor UK added, “A key element of the Genesis Difference is that we offer our customers a stress free ownership experience designed around their needs. By partnering with Verex for our branded insurance and accident management solutions, we can deliver exactly that, providing our customers with comprehensive insurance cover and a seamless experience should anything unfortunate happen.” For Verex Group media enquiries: Verex Group is the market leader in the Vehicle Manufacturer Insurance and Accident Management sector. Alongside our network of partners, we utilise the latest innovations in connected data and technology to continually transform our business to achieve our future goals. Our new range of services will allow vehicle manufacturers to offer a personalised service to their customers. Services will include; Usage Based Insurance (UBI) and Pay As You Drive (PAYD), plus “E-FNOL” (First Notification Of Loss) capture can be fully deployed. These propositions will deliver a more customer service orientated experience, a streamlined approach to accident management and the claims process and create added value into the branded network whilst helping to automate and control claims for insurers and increase parts and repair referrals to vehicle manufacturers.

https://www.verexgroup.com/press-releases/verex-group-to-provide-branded-insurance-and-accident-management-solutions-for-genesis-motor-uk

International law firm Womble Bond Dickinson (WBD) has strengthened its UK-wide insurance offering with the appointment of Robert Holme, a highly experienced insurance practitioner, who joins the firm's London office as Head of Claims. Joining from DWF where he was Head of Financial Lines claims, Rob is a highly regarded financial lines claims expert with over 30 years of experience in the Lloyd's and London insurance market. Rob also previously held the position of Claims Manager at WRB Underwriting and before that had spent 18 years at Ince & Co, where he handled solicitor's negligence claims and general insurance/reinsurance disputes. He is described by clients as a 'high-end achiever' with 'vast experience as a negotiator particularly at mediation'. In his new role, Rob will lead WBD Claims' offering. Launched in 2020, WBD Claims is a bespoke claims handling management solution powered by a market-leading software platform to provide an integrated approach to claims handling and management information. WBD Claims offers a resolution based, efficient and cost effective claims handling solution, together with access to a range of value-added products, including WBD Advance, WBD Accelerate and WBD Clarity, helping to create a streamlined approach to clients' business processes. Sushma MacGeoch, Head of Insurance Disputes at WBD, commented: "I am delighted to welcome Rob to the firm and to our fast growing insurance practice. Rob has been a colleague and friend for many years and brings a wealth of experience and expertise to the team. He has an excellent reputation and network within the insurance market and will play a pivotal role leading our bespoke claims handling practice." "WBD has a strong reputation across the UK and US with an impressive client portfolio, particularly in the insurance sector. I look forward to working with our insurance clients and colleagues alike to boost the firm's bespoke claims handling service."

https://www.womblebonddickinson.com/uk/insights/news/wbd-appoints-new-head-claims

Aon Broker Jacqueline Waters Recognized as a 2022 Finance Power Broker Jacqueline Waters, Managing Director & Practice Leader, Aon “It takes someone with a sophisticated understanding and solid relationships to navigate and move a case forward and get it to a good resolution,” a client of Jacqueline Waters affirmed. In 2021, Waters played an instrumental part supporting a large technology company in resolving claims associated with a firestorm of securities related litigation — a stock drop class action, further complicated by several derivative lawsuits in multiple jurisdictions. The client had a sizeable D&O liability insurance program with a large retention. The insured’s motion to dismiss the class action was successful, yet the matter was appealed by the plaintiffs’ attorneys — creating an impediment in the path toward resolution of the derivative cases. As the derivative cases continued, the tech firm was in uncharted territory facing a series of complex circumstances given the plaintiff’s decision to appeal. Waters and team worked diligently to keep all insurers advised as to the progress of the cases. Her advice was to overcommunicate to ensure all insurers would be ready to participate if needed to resolve the underlying matters. After some time, the parties agreed to attempt to settle the cases. Doing so was no small feat based on strong concerns on the part of insurers. By approaching each insurer as a true business partner, all while maintaining a strong advocacy position on behalf of the tech firm, Waters was able to provide the insurers with comfort and confidence in the way the cases had been handled and the results achieved. What is a Power Broker? A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge. Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community. Who selects the winners? Power Brokers are selected by risk managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.

https://riskandinsurance.com/award-profile/aon-broker-jacqueline-waters-recognized-as-a-2022-finance-power-broker/

Even the best earthquake early warning systems will give you only five to eight seconds of notice before you experience ground shaking. This week, Jonathan and geotechnical engineer Ashly Cabas take more than an hour exploring seismic waves, soils, risk assessment, and other earthquake fundamentals so that you can be prepared in the event of a natural hazard. Ashly Cabas, Ph.D., is an Assistant Professor in the Department of Civil, Construction, and Environmental Engineering at North Carolina State University (NCSU), where she investigates seismic hazards and earthquake effects on civil infrastructure. Her team at NCSU collaborates with seismologists, geologists, and structural engineers to understand how the response of soils and rocks to earthquake loading can influence the damaging potential of earthquakes. Her research group’s work has also been recognized with EERI best paper awards in 2014 and 2018, and she has served in reconnaissance missions after the 2018 M7.1 Anchorage, Alaska earthquake, and more recently the 2021 M7.2 Nippes, Haiti earthquake. Want to learn more about earthquakes? Here are some recommended resources: - Seismological Society of America (SSA) - Earthquake Engineering Research Institute (EERI) - American Society of Civil Engineers – GeoInstitute - US Geological Survey (USGS), Earthquake Hazards - Natural Hazards Engineering Research Infrastructure Cyberinfrastructure component, DesignSafe-CI - Natural Hazards Engineering Research Infrastructure Natural Hazards Reconnaissance component, RAPID - Incorporated Research Institutions for Seismology (IRIS) - GeoHazards International (GHI) - ShakeAlert, Early Warning System - RaspberryShake Personal seismograph - NCSU Civil, Construction, and Environmental Engineering Department Check out Getting Curious merch at PodSwag.com. Listen to more music from Quiñ by heading over to TheQuinCat.com.

https://jonathanvanness.com/podcast/getting-curious-whats-it-like-to-survive-an-earthquake-with-professor-ashly-cabas/

Sharon Norris Elliott is a book agent with the AuthorizeMe Literary Agency. View the complete profile for Sharon Norris Elliott in the official literary agent directory below. It has complete listings for all literary agency searches including Literary Agents Los Angeles and CA. Sharon is a substantive and developmental editor, award-winning author, popular speaker and Bible teacher, and the founder and CEO of Life That Matters Ministries and AuthorizeMe. A graduate of Biola University with a doctor of theology degree from HSBN International School of Ministry (an affiliate of Gateway International Bible Institute), Sharon is the author of 12 books and the host of Life That Matters with Sharon Norris Elliott, on The Holy Spirit Broadcasting Network (HSBN.tv) and the Christian Women’s Word Network (CWWN.tv). Through her AuthorizeMe Literary Firm, Sharon provides editing and author coaching, mentors up-and-coming writers and speakers, and conducts hands-on seminars about how to reach publishing goals. The latest exciting growth of her AuthorizeMe brand includes her work as a literary agent. Sharon is retired from her esteemed 35-year teaching career and now focuses full time on her writing, editing, agenting, and broadcasting. She and her husband, James, serve at Christ Second Baptist Church in Long Beach, California, where Sharon is an assistant minister. They enjoy their empty nest, traveling, and visiting their children and grandchildren. Enter your information in the form to the right for FREE INSTANT ACCESS to the Directory of Literary Agents™. It’s the most accurate and comprehensive list for Literary Agents Los Angeles (and all other locations) in the publishing industry. This literary agent directory has detailed profiles for more than 1,100 book publishing agents. Scroll below to see a sample. Sharon Norris Elliott – Profile Sample Literary Agent Directory Listing Below As soon as you enter your name and email address to the right, you’ll be able to see the complete profile for Sharon Norris Elliott and all other book agents. Sample directory listing: Sharon Norris Elliott – Get Instant Access Get FREE Access to the Full Book Agent Profile! If you want the most accurate information available for Sharon Norris Elliott, along with profiles for all other publishing agents, register above now for FREE instant access to the Directory of Literary Agents™. As soon as you register you’ll get instant access to the following: * Publishing agent bios for all book agents including Sharon Norris Elliott * AAR membership status * Personal email addresses * Mailing addresses * Publishing Agent photos * Preferred query letter methods (email, online form, postal mail) * A link to the the website for Sharon Norris Elliott * A map to the office of Sharon Norris Elliott * Access to all profiles in the Directory of Literary Agents™ (1,100+), including Sharon Norris Elliott * Search the directory by book genre/category (more than 100 categories) Warning – Sharon Norris Elliott Most literary agency directories (print and online) are outdated, incomplete, and filled with mistakes. If you rely on those directories to find Los Angeles Literary Agents and/or book agents in other locations, you’re going to hurt your chances of getting a publishing agent to represent you. Scroll back up to the top of this webpage now to enter your name and email. Get FREE INSTANT ACCESS to the complete Literary Agents Los Angeles list, along with all other book agents, including Sharon Norris Elliott.

https://literaryagentslosangeles.com/sharon-norris-elliott/