Datasets:

pszemraj

/

fineweb-CC-MAIN-2024-10-insurance-700k-dedup-minified

like 0

Panos Tsiolis is a Senior Insurance & Certified Financial Agent, holder of a Bachelor degree in Business Administration BBA,specialized in Management & Marketing with distinction ‘Cum laude’. Also he has a Master degree in Business Administration MBA. With 16 years of experience in Insurance Industry, he serves his clients both on Life & General Insurance,with his office Ideal Insurance-Tsiolis P. Insurance Services, Agents & Consultants. He is a Member of MetLife Round table of elite Insurance agents, with honours & Awards, as a Top Executive Consultant, with distinctions as Diamond, Platinum, Gold & Silver agent. Moreover is a Member of Ydrogios Zeus club – Top Agents Round Table for a lot of years. On the other hand, he is cooperating with a number of Insurers and brokers to satisfy all clients needs & demands. He is a Member of MDRT ( Million Dollar Round Table), the worldwide Premier Association of Financial Professionals. Panos gain in his career a lot of awards & distinctions. Furthermore he holds certification, C.F.A Certified Financial Advisor and E.I.I European Insurance Intermediary. He had the opportunity to be participant in many local & worldwide conferences / seminars, but he had also the honour to be invited as a public speaker. Additionally, He is a team player & loves mentoring his subagents, to drive them to success! The last 6 years he is a Board Member of Cyprus Association of Professionals Insurance Agents PSEAD 2018-2023, from the positions of: Board General Organiser Secretary 2020-2023 and President of Nicosia Committee of the association 2018-2023. Additionally, he was the President of Health Committee of the association, where he had the responsibility to discuss with all political parties of the parliament for the National Health plan Gesy. The last 4 years he is in charge of educational committee, for the members lectures in relation with Continuous process development CPD. Last but not least, he had the honour to organise as a Chairman the 4th,5th,6th,7th & 8th Pancyprian conferences of the association 2018-2023 respectively. His aim is to provide quality insurance solutions, satisfy client needs & risk through financial analysis, serving them with added value & safeguard clients future! His Vision is to help society to build up Insurance Culture!

https://www.cyprusfintechsummit.com/speaker/panos-tsiolis/

Kendell Hope is an insurance broker and professional advisor. With a background in risk management, she cultivates relationships with both individuals and corporations. Her clients include engineers, accountants, lawyers, property managers and condo corporations. Although her brokerage focuses on home and auto insurance, Kendell leverages her vast experience in the industry to also advise clients on commercial, condo and liability insurance. As a branch manager, Kendell and her team rely heavily on brokerage management software. Technology, she says, improves the brokerage’s efficiency, saving time and storing business-critical information in the cloud. DocuSign, an electronic signature technology and digital transaction management service, allows for email exchange of contracts and signed documents. Having introduced DocuSign to her firm, Kendell has seen the ways in which it has saved time, and reduced the need for printed documents and office visits. Nevertheless, she still appreciates face-to-face contact with those she serves. The flexibility to offer both in-person and electronic services is a win-win scenario, since it addresses the needs and preferences of a broad array of clients. Going forward, Kendell would like to focus on professional liability and cybersecurity for professionals. Revisiting past clients and working with new ones, she hopes to tap into this ever-growing market and area of risk to ensure her clients are appropriately protected. Trust Digital Link’s team of IT specialists for computer help, maintenance and cybersecurity needs. When it comes to your home, business or automobile, Kendell Hope is your best insurance. Find her on social media.

https://digitallink.ca/tech-tips/brokerage-management-technology-best-insurance/

Avsurance’s 30th year is ‘its best yet’ Avsurance, Avfuel’s in-house aviation insurance subsidiary, has celebrated three decades in business with its best year to date, according to the company. “Avsurance has always been wholly dedicated to the aviation industry,” said Jim Coleman, director, Avsurance. “That dedication and focus has supported Avsurance’s evolution along with the needs of the industry across 30 years. Today, that means providing specialised policies, like pollution-related coverages, for a fully-developed risk management portfolio.” The firm said some of its most important coverages over the past year for clientele are cyber protection, employment practices liability insurance, directors and officers coverages and pollution-related coverages. Avufel also deals in niche coverages to help protect businesses from gaps in their cover, from malware and fraudulent threats to potential lawsuits. In conjunction with standard coverages Avsurance’s team insured more than $2bn worth of aircraft. “We know insurance and we’re passionate about aviation,” said Coleman. “The Avsurance team is here to provide complete coverage for all types of aviation customers. It always starts with a free consultation, because we understand each client is unique and requires a custom-made plan for risk management. We’ve used this personalised approach for 30 years – and we’ll continue to use this personalised approach for 30 more.” At a glance – top five insurance topics - cyber protection - criminal protection - employment practices liability insurance - directors and officers coverages - pollution-related coverages

https://www.corporatejetinvestor.com/news/avsurances-30th-year-is-its-best-yet-828/

In the first half of 2023, the insurance company Uzbekinvest more than doubled key business indicators At the end of the first half of the year, Uzbekinvest strengthened its leading position in the domestic insurance market, demonstrating sustainable development dynamics and stable growth in key business indicators. In the first 6 months of 2023, the volume of premiums collected by the company amounted to 543.7 billion soums, which is 2.3 times more compared to the same period in 2022. In the first half of 2023, the Uzbekinvest insurance company, continuing to implement the state policy to develop the export potential of the republic and comprehensive support for national exporters of goods, works and services, provided insurance protection to exporters in the amount of $1.2 billion. In May 2023, the international rating agency Moody’s Investors Service (USA) officially announced an increase in the outlook for the Uzbekinvest insurance company from “Ba3” with a “Stable” outlook to “Ba3” with a “Positive” outlook. “Uzbekinvest” is the first company in the banking and financial sector of Uzbekistan, which was assigned the International Financial Strength Rating “Ba3” by the International Rating Agency “Moody’s”. During the first half of 2023, the dynamic and sustainable development of insurance operations in the international insurance and reinsurance markets continued. The gross collection of reinsurance premiums was ensured in the amount of $20.2 million. At the same time, the share of exports of insurance services in the company's insurance portfolio amounted to 42.7%. Following the tasks set by the President of Uzbekistan To radically expand the range of services provided to the urban and rural population of the country, the Uzbekinvest company has identified one of the priority areas of its activities as providing insurance protection to the rural and urban population by conducting active outreach work locally using the mahallabay system. New insurance agents from among young people and university students are involved in the development of sales of insurance products. During 6 months of 2023, insurance agents sold policies worth 16.7 billion soums, which is 6 times more compared to the same period in 2022. Well-established systematic cooperation with leading international insurance and reinsurance companies, such as: Allianz SE (Germany), Zurich Insurance Group (Switzerland), Tokio Marine & Nichido Fire Insurance Co (Japan), AXA (France), People Insurance Company of China (China) ), Korean Reinsurance Company (South Korea), Marsh (USA), AON and UIB (UK) contributed to the establishment of Uzbekinvest as a recognized participant in the international insurance market. The company ensured the collection of insurance premiums in the corporate segment in the amount of 265.4 billion soums, with an increase of 4 times compared to the results of the first half of 2022, and concluded more than 51 thousand contracts with legal entities. In the insurance segment of individuals, the collection of insurance premiums in the amount of 41 billion soums was ensured, with an increase of 1.7 times compared to the same period last year, more than 467 thousand contracts were concluded. Thanks to systematic work on the quality of services provided, during 6 months of 2023, the digital platforms of the Uzbekinvest company made it possible to sell more than 401 thousand online policies, which amounted to 77.2% of the total share of policies sold. During the first half of 2023, the payment of insurance compensation in the amount of 45.5 billion soums was ensured, while insurance compensation to national exporters amounted to 3.6 billion soums. Systematic continuous training of company employees plays a key role in ensuring high rates of business growth. As part of the ongoing “Insurance School” for ordinary employees and the “Insurance Academy” for executive employees, in April 2023, 11 managers of regional branches of the Uzbekinvest insurance company underwent advanced training in the city of Seattle under a program developed by specialists from the University of Washington. According to the training program, representatives of the Uzbekinvest company completed an internship at one of the largest insurance companies in the USA - PEMCO Insurance Company, founded in 1949. Also in June 2023, 15 managers of the company’s district branches completed advanced training courses in the Insurance course at the University of West Bohemia in Prague (Czech Republic). The Uzbekinvest Company once again confirmed the high level of reliability and compliance of its products with international standards, having successfully held a test in May of this year. audit for compliance with the requirements of the international standard “ISO 9001:2015”. The international certification body CERT International (Slovakia) certified the company. Today, digital technologies, such as data fusion systems and artificial intelligence, are used in all areas of the economy, allowing to significantly reducing the time and resource costs of business. The Uzbekinvest company, guided by the principle of optimizing the processes of analysis, risk assessment, decision-making and document preparation, has implemented a program for analytical segmentation when issuing OSGOVTS and CASCO policies. This program allows, based on artificial intelligence, to identify transport risks of clients in which an insured event is most likely to occur. The introduction of this technology makes it possible to improve the quality of decisions made and the profitability of OSGOVTS and CASCO products.The company also introduced the “Decision Making System” program, which is a universal scoring system that allows you to connect an unlimited number of external sources of information on fines, loans and other types of data for programming risk assessments in various areas. This system is aimed at introducing automatic underwriting based on machine learning in various insurance segments. In the second half of 2023, the company intends to complete systematic work on the transfer of all main business processes into digital format based on artificial intelligence technology.

https://uzbekinvest.uz/en/analytics-statistics

February has been a super busy month for InsurTech in Asia. AIA is again in the news. The insurer has announced their “One Billion” initiative planning to engage a billion people to live Healthier, Longer, Better Lives by 2030. Adding to promoting a healthy lifestyle, AIA has also announced its new joint venture with South Africa’s Discovery to establish a new pan-Asian health insurtech business called Amplify Health. It looks like AIA is taking their Vitality program to the next level and are building an entire ecosystem around it. In Singapore, bolttech has acquired AVA Insurance Brokers and AVA Insurance Agency. The acquisition of AVA will accelerate the deployment of bolttech’s insurance exchange in Singapore, connecting insurers, distributors and customers, making it easier and more efficient to buy and sell insurance. The InsurTech unicorn had a similar approach when they acquired Frank.co.th in Thailand. Listen to our episodes with bolttech here. MSIG and Home Credit, an international consumer finance provider in Europe and Asia, announced a tri-market strategic insurance partnership with the objective of making insurance solutions simpler and more accessible for retail consumers, a fast-growing insurance segment in Vietnam, the Philippines and Indonesia. Home Credit will distribute MSIG’s insurance plans across its country online marketplace e-commerce sites, mobile apps, and 42,000 point of sale locations covering every province and city in those markets. Japanese insurers in general are keeping busy securing new partnerships. Sompo Japan and GeoX have partnered on a new AI underwriting platform and in the UAE, Tokio Marine has partnered with Democrance to drive digital sales. Democrance has been known for its MicroInsurance initiatives targeted at the low-income population. Now the InsurTech offers its platform to insurers to enable purchasing policies digitally through distribution channels and offer post-sales services including renewals, claims and endorsements all from a dedicated customer wallet. Listen to our episode with founder Michele Grosso here. In India, Kenko Health raised $12 million as part of its Series A round led by Sequoia Capital India. We had the founder, Aniruddha Sen, on the show. Listen to the episode here. In Singapore, insurtech provider Cyber Sierra raised a $4.3M seed round led by Leo Capital. The startup focuses on cybersecurity and technology insurance for SMEs with a presence on the cloud. We had Shwetank Verma, the founder of Leo Capital, on the show a couple of times. Find the episodes here. Don’t forget to apply to the World’s Digital Insurance Awards 2022, presented by The Digital Insurer. The application deadline is 31st March 2022 and you can apply through the TDI website.

https://asiainsurtechpodcast.com/aip-news-roundup-ep-51-theresa-blissing-hugh-terry-and-simon-phipps-it-did-require-that-long-term-commitment/

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips. To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words. To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”. For Higginbotham Insurance Group Inc., a concentrated effort to expand loss control and claims staffing in its Houston and Austin, Texas, offices couldn’t have come at a better time — occurring in the months after Hurricane Harvey devastated its second-largest region. The brokerage had personnel from its Day Two Services program — which helps clients with cost reduction, regulatory compliance and other services — deployed in Houston, but did not have a local senior claims executive until last year, when it hired a 30-year-industry veteran to fill the position, said Vance Lee, Dallas-based managing director, risk management. “It’s significantly improved our responsiveness in that region, having someone there in the backyard versus having someone flying in from a distance,” he said. “The events from Hurricane Harvey have a long tail, and there are a lot of complicated claims scenarios. Having the person there in the office and available day in and day out to serve our clients — the timing’s been great.” Higginbotham’s risk management staffers also advise clients during U.S. Occupational Safety and Health Administration inspections and keeps them abreast of changing OSHA regulations. “Last year, there was a lot of banter back and forth on the anti-retaliation concerns within the OSHA (electronic) record-keeping process,” Mr. Lee said. “Post-accident drug testing, for instance, was kind of a controversial subject there for a while. That was an evolving subject, and making sure we were current on the latest interpretations and being available for our clients if and when something was to happen” was critical. The key risks faced by Higginbotham clients varies based on industry, but “generally speaking, the biggest challenge we see from a safety and general risk management standpoint is with the auto liability marketplace,” he said. “I’ve been doing this for 25 years, and I can’t recall a time where it’s ever been as challenging as it is right now. Barring tort reform, I think it’s probably going to continue. Any industry out there with any sizable transportation exposure, it’s critical that they have effective risk management controls in place because we’re starting to see some significant, landmark verdicts coming out over the last couple of years. Underwriters are being extremely selective about who they wish to partner with and it’s our job to make sure our clients understand the general state of affairs within that industry and that they are being very aggressive in controlling the exposure to the extent that they can.” • ABD Insurance & Financial Services Inc. — ABD’s Life Science Team launched a more efficient update to its proprietary, client-interactive global clinical trials portal, allowing clients to make clinical trial insurance decisions quickly and efficiently. • Bolton & Co. — Bolton provides employee benefits, risk management solutions and property and casualty coverage for both local and international operations. • Chief Insurance Solutions LLC — The workers compensation team offers services such as bilingual safety lessons, on-site safety evaluations, live safety webinars, citation defense, ergonomics evaluations and access to safety consultants. • Integro Group Holdings LP — Integro Insurance Brokers and its Risk Management practice group serve Fortune 1000 clients with multilayered, complex and evolving exposures. Business Insurance presented the second annual U.S. Insurance Awards on March 21 in New York, and more than 450 people gathered to celebrate the achievements of outstanding insurance and risk management professionals.

https://www.businessinsurance.com/article/00010101/NEWS06/912328125/2019-US-Insurance-Awards-Higginbotham-Insurance-Group,-Broker-Team-of-the-Year-

Ottawa, ON (Apr. 4, 2018) – ENCON Group Inc., a leading managing general agent in Canada, announced today the introduction of a new Commercial Property Insurance product to be offered as a complement to ENCON’s Commercial General Liability (CGL) risks and other business line placements, including Errors and Omissions, Directors and Officers, and Construction Contractors’ liability. “Introducing Commercial Property Insurance makes us a one-stop shop for brokers, as Property and CGL are coverages that often go hand-in-hand,” says Brian Cane, Senior Vice-President at ENCON. This also offers a benefit to clients, as having one insurer across both lines can help clients avoid claim disputes and have wordings that are more in sync in terms of definitions, terms and conditions.” Subject to individual account underwriting, premiums start at $1,500 with limits up to $5 million. Claims management and financial capacity is provided by Temple Insurance Company, an ‘A’ rated insurer with A.M. Best and S&P. ENCON’s programs are distributed through independent brokers. About ENCON Group Inc. As a leading managing general agent in Canada, ENCON Group Inc. offers professional liability, construction, environmental, and property and casualty insurance, as well as group and retiree benefits programs for individuals, professionals, organizations and businesses, which are available through a national network of licensed insurance brokers and plan advisors. Learn more at www.encon.ca. Source: ENCON Group Inc.Tags: ENCON

https://www.insurance-canada.ca/2018/04/04/encon-commercial-property/

Prince Real Estate Group and Less Solutions Insurance Broker on August 1 signed a strategic partnership as the leading companies in their fields bring extra peace of mind and accessibility to the Kingdom's homebuyers. Prince Real Estate CEO Edward Lee and Less Solutions chief operating officer Belinda Chan signed the agreement at a gala event attended by representatives of leading chambers of commerce, management from Prince Group companies, distinguished guests and members of the media. Less Solutions is a leading insurance broker that has the licence to market insurance products offered by 16 top insurers in the Kingdom, including CB Insurance – a unit of Prince Group – AIA (Cambodia), Prudential (Cambodia) and Forte (Cambodia). Prince Real Estate's latest high-end development – which promises accessibility to a wider pool of buyers due to lower requirements for financing – was also unveiled at the Prince One Tropica Roadshow. Local and foreign buyers can secure up to 100 per cent mortgage financing via Prince Bank, one of Cambodia's leading digital-first financial institutions. "Prince Real Estate Group has been forging ahead to excellence by leveraging first-class technology, management, talent and quality since its establishment, and the cooperation between Prince and Less Solutions will enrich the service package we offer owners. "Through the partnership with Less Solutions, a range of complementary insurance solutions will safeguard the asset security of the owners, with home purchases coming with free fire and home insurance. "Offering the ‘most accessible, most secure and most convenient’ solutions in the market, Prince Real Estate is developing premium yet accessible real estate that delivers long-term value to homeowners and investors alike," said Lee.

https://m.phnompenhpost.com/gallery/prince-real-estate-and-less-solutions-ink-strategic-partnership

Get access to Axco’s online product with the latest market intelligence for the market of your choice Axco's insurance market report provides expert analysis, market insight, company performance data and market statistics for the Romanian non-life (property and casualty) market. The detailed report is produced following a visit to the country and interviews with industry professionals working in Romania's insurance sector. Systematic updates are published throughout the cycle, to the latest developments in the Romania non-life (P&C) market as well as trends by line of business. Axco analysts also report on Romania's economic factors, the local political situation, and sections on climate, operational, and security risks. The report is suitable for insurers, reinsurance companies, brokers and insurance buyers. The report describes Romania's insurance regulations and requirements, including vital compliance requirements such as if non admitted insurance is permitted in Romania, what are the local rules on licensing and detailing any relevant taxes and charges for the insurer and the insured. View detailed analysis of local lines of business and sub-classes such as natural hazards, property, construction and machinery breakdown, motor, workers compensation & employers' liability and liability. The report lists the insurance companies operating in Romania, their market share and investigates how much premium is written through the sector’s different distribution channels. Statistics include five years of non-life (P&C) market performance indicators, including gross written premiums, premium growth, penetration, profitability ratios, and premium by line of business. Company statistics show who are the leading non-life insurance companies in Romania with local company premiums, market share and year on year growth, expense ratios and retentions by line of business. The Romanian non-life market continues to be dominated by issues relating to MTPL which is not unexpected given motor lines presently account for 71.1% of the non-life market (including PA and healthcare). MTPL has a 45.1% share and motor casco has a 26.0% share. Motor business has regularly reported a combined ratio in excess of 100%, and market sources advised that this was also the case in 2020. In the years leading up to 2016, poor pricing .... This is a brief extract of information; more updated information may be available in the latest published report.

https://www.axcoinfo.com/market-place/report-store/non-life-reports/romania-non-life-insurance-market-report/

In a world where fashion is constantly evolving, one brand has managed to maintain its allure and mystique – Agent Provocateur. This article delves into the captivating realm of Agent Provocateur, a renowned luxury lingerie brand, and explores what sets it apart in the competitive world of intimate apparel. The History of Agent Provocateur Agent Provocateur’s journey began in 1994 when Joseph Corré, the son of fashion icon Vivienne Westwood, and his then-wife Serena Rees decided to revolutionize the lingerie industry. With a vision to challenge traditional notions of lingerie, they created Agent Provocateur. Unveiling Uniqueness: Agent Provocateur’s Design Philosophy Agent Provocateur is not just about lingerie; it’s about empowering individuals to express their sensuality. The brand’s unique design philosophy focuses on: 1. Seductive Aesthetics Agent Provocateur’s pieces are not just undergarments; they are works of art designed to make every wearer feel alluring and confident. 2. Intricate Craftsmanship The brand takes pride in its attention to detail, ensuring that every piece is crafted with precision and care. 3. Diverse Collections Agent Provocateur offers a diverse range of collections, catering to various tastes and preferences, from classic to avant-garde. The Iconic Collections Let’s explore some of Agent Provocateur’s iconic collections that have left a lasting mark on the world of lingerie. 1. Classic Black Lace The epitome of sophistication, this collection features timeless black lace designs that exude elegance and sensuality. 2. Soirée Collection For those seeking luxury beyond compare, the Soirée collection showcases exquisite fabrics, intricate embroidery, and opulent designs. 3. Bridal Lingerie Agent Provocateur has redefined bridal lingerie with its delicate lace and satin creations, making every bride feel like a goddess. A Commitment to Inclusivity Agent Provocateur believes that luxury lingerie should be accessible to all. They offer a wide range of sizes, ensuring that everyone can experience the brand’s magic. In an era of increasing environmental awareness, Agent Provocateur has taken steps towards sustainability. They prioritize eco-friendly materials and ethical manufacturing processes. Where to Find Agent Provocateur Agent Provocateur boutiques are strategically located worldwide, providing customers with an immersive shopping experience. Additionally, their online store allows easy access to their exquisite collections. Agent Provocateur has not just redefined luxury lingerie but also empowered individuals to embrace their sensuality. With a rich history, unique design philosophy, and a commitment to inclusivity and sustainability, Agent Provocateur continues to be a beacon of elegance in the world of fashion.

https://placeadnet.com/exploring-the-sensual-world-of-agent-provocateur-luxury-lingerie-redefined/

London, U.K. – 18 January, 2012 – Insurance Services Office (ISO) Limited, the U.K.'s leading provider of personal injury claims solutions, today announced that it has won the Service Provider of the Year Award at the Insurance Times Awards 2011. The ISO Ministry of Justice (MoJ) system, a web-based application-to-application (A2A) case management tool that helps insurers meet the MoJ-imposed deadlines for the personal injury (PI) motor claims handling process, helped ISO win the award, combined with industry recognition of the company’s outstanding level of service. ISO's MoJ system was developed in response to customers’ needs to comply with the new MoJ claims process by the 30th April 2010 deadline. At that time, the system was the only insurer A2A system that could cope with all three stages of the MoJ process. This was achieved even though the civil procedure rules governing the use of the industry portal by claimants and defendants were not published until February 2010, allowing less than three months to develop and test the system. The short development timeline highlights the ISO team’s dedication and commitment to meeting the MoJ requirements on behalf of ISO customers. The ISO MoJ claims management system has so far processed approximately 250,000 motor personal injury (PI) claims for insurance companies — about one in four of all MoJ PI claims in the UK. Claims managers can now see at a glance where each claim is at any given time during the process and which cases are approaching deadlines for responses and/or payments. Cases approaching deadlines can be moved to other handlers or other offices if there are resource issues that could result in missed deadlines. In 2011, ISO rolled out the system to numerous customers who had been accessing the industry portal manually. Customers are now witnessing the benefits of the ISO system in streamlining the process for dealing with MoJ claims, making it faster and far more user-friendly. For many insurance companies, no systems interface existed between the IDSL industry portal and the companies’ own claims platforms. ISO's web-based case management application enables insurance companies to communicate directly with the insurance industry's portal and meet the deadlines set by the MoJ — some as short as 15 days. Commenting on the news, Joe Pendle, director of Client Services, ISO, said, "We listened to our customers and developed a solution that responded to their needs to accommodate the MoJ reforms coming into force — all in a very challenging timescale. We are extremely pleased that our system has been recognised by the insurance industry." "The ISO system helps all parties within the claims life cycle — insurers, claims handlers, solicitors, and suppliers — settle claims quickly and fairly for the claimant within the strict MoJ timeframes," added Pendle. "This is the second award the ISO system won in 2011. It’s a well-deserved reward for the pioneering work of everyone involved in the development of the MoJ solution and for our dedication to meeting customers’ needs." Since 1971, ISO has been a leading source of information about property/casualty insurance risk. For a broad spectrum of commercial and personal lines of insurance, the company provides statistical, actuarial, underwriting, and claims information; policy language; information about specific locations; fraud-identification tools; and technical services. ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. ISO is a member of the Verisk Insurance Solutions group at Verisk Analytics (Nasdaq:VRSK). For more information, visit www.iso.com and www.verisk.com or contact: Tel: 01252 761055 Claire Grant, IBA – PR for ISO Tel: 01780 721433

https://www.targetwire.com/targetwire/2012/01/18/iso208/iso208_uk.html

Jannes was previously employed with the SAPS where he was involved in the investigation of fraud and vehicle related crimes. During this period he successfully completed detective courses and became part of the Johannesburg Robbery Reaction Unit. He has also successfully completed his Traffic Diploma and was employed at the Bedfordview Traffic Department. He then moved to the insurance sector where he was employed for four years with Auto & General and completed the Multimark III course with IISA before starting up Corporate Insurance Consultants in 1995. He has also been involved in the investigations of syndicates and has successfully prosecuted fraudulent claims with the assistance of the SAPS. He then also became an Accredited Member of the Institute of Loss Adjusters of Southern Africa in March 2011. The investigation and quantifying of all types of Commercial and Personal Line Claims, specialising in Buildings, Fire, Theft, Electronic Equipment, Goods in Transit, Money, Vehicle Theft and Hijackings and Failure Mode Analysis of damaged equipment, etc. Zelda Grobler – General Manager Zelda was previously employed at the CSIR in Corporate Finance and joined Corporate Insurance Consultants in 2005 as General Manager. Since 2010 she became more involved in the investigation of vehicle accident claims and is currently also managing the Accident Investigation Section and also does daily audits on all claims.

https://cicassess.co.za/members/

Digital Insurance Brokerage Introduces uBiz, Flexible Insurance for Canadian Businesses that Work from Home October 31, 2015 (PRLEAP.COM) Business NewsOctober 31, 2015 - TORONTO, ONTARIO – InsuranceHero.ca, a leading online insurance brokerage now offers uBiz, a unique digital insurance solution that offers home-based professionals simple, flexible and affordable coverage. Unlike some insurance that is a rigid package, often including coverage that home-based businesses don't require, uBiz provides innovative, tailor-made, mix-and-match coverage for exactly what its customers need. President Greg Raymond says, "We found home-based business owners often didn't cover themselves properly or they bought expensive coverage they didn't really need. We're thrilled to now offer them the flexibility to choose what's right for their business and the convenience of buying online. This new product is aligned with our corporate strategy of leveraging technology to offer a simplified and modernized insurance experience." uBiz offers a range of features targeted exclusively at home-based businesses including flexible, unbundled insurance options, coverage for new ventures and start-ups, Certificates of Insurance as needed upon purchase, and the convenience of buying affordable insurance instantly online – an ideal solution for time- and cash-conscientious self-employed entrepreneurs. uBiz delivers a wide range of insurance coverage options for its home-base customers including Commercial General Liability, Home Office Contents insurance, Legal Expense insurance and more. Customers can get a fast, convenient quote and buy insurance online at our website https://ubiz.insurancehero.ca InsuranceHero.ca is a leading online insurance brokerage offering Ontarians a one stop solution for their insurance needs. In 2014, the brokerage was awarded the Innovator of the Year distinction from the Insurance Brokerage Association Ontario. Visit their website at www.insurancehero.ca For more information, please contact: President & CEO – InsuranceHero.ca

https://www.prleap.com/pr/240687/digital-insurance-brokerage-introduces-ubiz

Policybazaar, a well-known insurance aggregator, is poised to receive a substantial capital boost of INR 350 Cr ($42 Mn) from its parent company, PB Fintech Ltd. This financial move involves PB Fintech allocating approximately 58 lakh shares to Policybazaar. The official statement to the stock exchange highlighted that an investment of INR 349,99,99,904 has been made, resulting in the issuance of 58,04,311 equity shares priced at INR 10 each, with a premium of INR 593 per share. The infusion of funds from PB Fintech into Policybazaar will take place in multiple phases over the fiscal years 2023-24 and 2024-25. The primary objective of this investment is to enhance Policybazaar’s financial stability, enabling the company to effectively manage its operational costs, increase brand visibility, expand its office locations, and engage in strategic growth initiatives. Policybazaar has established itself as a prominent player in the insurance sector, offering a wide range of insurance products such as life, health, and motor insurance from various providers. In the second quarter of FY 2023-24, the company witnessed a significant increase in insurance premiums, reaching INR 3,475 Cr compared to INR 2,545 Cr in the same quarter of the previous fiscal year. Although Policybazaar currently dominates over 90% of the online policy aggregator market, it is still working on achieving profitability. PB Fintech’s Financial Turnaround Meanwhile, PB Fintech, as Policybazaar’s parent company, has exhibited notable improvements in its financial performance. The company reported a substantial year-on-year reduction of 89% in net losses, bringing it down to INR 21 Cr in the quarter ending September 2023. This marks a significant improvement from the INR 187 Cr net loss in the second quarter of FY 2022-23, although there was a slight increase from the almost INR 12 Cr loss in the first quarter of FY 2024. PB Fintech’s shares closed at INR 823.75 in the Friday trading session. Shift Towards Profitability In its recent strategic shift, Policybazaar’s focus has moved towards achieving profitability rather than rapid expansion. The company aims to attain long-term sustainability in the insurance sector by enhancing operational efficiency and optimizing costs. Various measures, including process streamlining, marketing expense optimization, and workforce management refinement, have been implemented to improve profit margins and enhance overall financial health. Policybazaar is also venturing into new revenue streams to diversify its business model. The company is actively developing specialized insurance products for specific customer segments and forging strategic alliances with insurance providers. By expanding its offerings, Policybazaar aims to strengthen its revenue base and reduce its reliance on commission-based income. Furthermore, Policybazaar is refining its customer acquisition strategy, shifting away from aggressive marketing tactics and focusing on initiatives that enhance customer engagement, retention, and lifetime value. This strategic shift is expected to improve the quality of Policybazaar’s customer base while reducing acquisition costs. To stay ahead in the evolving insurance industry, Policybazaar is investing in data analytics and artificial intelligence. These innovative technologies will provide deeper insights into customer preferences, facilitating personalized insurance recommendations. Such endeavors are crucial for Policybazaar to maintain a competitive edge and attract new customers. In summary, Policybazaar’s revised growth strategy reflects its commitment to achieving profitability and establishing a strong foothold in the competitive insurance market. By prioritizing operational efficiency, cost optimization, and customer value, Policybazaar is well-positioned to solidify its position as a leading player in the insurance industry.

https://techstory.in/policybazaar-to-receive-350-cr-from-parent-company-pb-fintech/

Telecoms in 2024: Rising Demand for Automation, Smart Contracts, and Cyber Insurance - Business automation will be essential for the viability of companies in the telecom space - Automation enables efficiency gains, improved customer experiences, and agility - Network-as-a-Service (NaaS) combines connectivity, application assurance, security, and cloud services - Standardized APIs will be key to seamless automation across the supply chain - Smart contracts will become more evident within telecoms, requiring coordination and standardization - 2024 will see increased understanding and development of workflows for smart contract use - Cyber insurance will be in rising demand, but assessing risk will require innovation The telecom industry is well-versed in developing and adopting standards to maximize interoperability. This enables delivery of high-value, complex, and on-demand digital services to enterprise customers. However, the industry is also facing disruption from first-generation generative AI, which will increase demand for on-demand connectivity, compute, and storage. As a result, business automation will become essential to the viability of companies in the telecom space. In 2024, automation will reach a tipping point, driven by enterprise demand for cloud-like services. Business automation offers numerous benefits, including efficiency gains, improved customer experiences, and the ability to adapt to a rapidly evolving digital landscape. Network-as-a-Service (NaaS) is a prime example of how automation facilitates the delivery of dynamic and scalable services, catering to the ever-changing needs of businesses. Standardized APIs will play a key role in seamless automation across the supply chain, and operators who adopt standards-based automation will gain a competitive advantage. By embracing automation, service providers can deliver tailored services faster and improve customer loyalty. Smart contracts will also play a significant role in the telecom industry in 2024. Using automated code running in blockchains, smart contracts streamline business partnerships. However, the use of smart contracts requires coordination and approval from multiple departments within counterparties. To streamline this process, there will be a growing demand for off-the-shelf, open standard smart contracts that can be used as is or with minimal adjustment. Standardizing smart contracts will involve reaching consensus on business requirements, use cases, interfaces, security audits, and more. Cyber insurance will become increasingly important in the telecom industry, similar to the shipping industry’s reliance on maritime insurance. The telecom industry is responsible for “shipping” trillions of packets of mission-critical digital data, and many companies would like to pass the risk of damage from cyberattacks to a third-party insurer. However, assessing risk for cyber insurance is challenging due to the lack of historical data. Innovations in zero trust and other emerging technologies will be necessary to mitigate and measure risk from cyberattacks to the global economy’s digital supply chains. In conclusion, automation, smart contracts, and cyber insurance will shape the telecom industry in 2024. Business automation will be essential for companies to stay competitive and deliver services tailored to customer needs. Standardizing smart contracts will streamline business partnerships, while cyber insurance will become increasingly important to mitigate the risk of cyberattacks. Overall, these emerging challenges present opportunities for innovation and new business growth in the telecom industry.

https://botbriefing.com/blog/telecoms-in-2024-surge-in-automation-smart-contracts-cyber-insurance/

Amplex Insurance Brokers Ltd. announced they will join BrokerLink, one of Canada’s largest property and casualty insurance brokerages as of May 1, 2019. Located in Guelph, Ontario, Amplex has been providing personal and commercial insurance services to the community since 1980. Amplex President Bob Briden, believes that customers come first, and states: “We have provided our customers with products of the highest quality and unmatched customer service for almost 40 years, and we know that BrokerLink will carry on this tradition.” “Amplex brings a reputation of exceptional customer service,” says Joe D’Annunzio, BrokerLink’s President. “It’s important that we keep this reputation alive and show customers what we have to offer.” Bob Briden will move to BrokerLink to assist during the transition process. BrokerLink also welcomes Bijma Dass, Registered Insurance Advisor, who will continue to service customers as part of the BrokerLink team. As of July 19th, 2019, Amplex can now be found at the Guelph - Woodlawn Road West branch. About Amplex Insurance Brokers Ltd. Amplex Insurance Brokers Ltd. has been serving customers since 1980. Located in Guelph, Ontario, Amplex is a general insurance brokerage offering personal and commercial lines of insurance including auto, home, tenant, condo, motorcycle and trucking. Since BrokerLink was established in 1991, we’ve had a vision: to build a network of trusted insurance brokers across the country, working directly in the communities we serve. Forward to today, and we’re proud to say that BrokerLink has become one of Canada’s largest and most reliable insurance brokerages. To learn more about BrokerLink, visit our About Us page.

https://www.brokerlink.ca/newsroom/amplex

Latest Blog Posts 5 posts | Page 1 of 1Print Page 15.12.2022 | Hannah Grant | Inclusive Insurance, SDGs Dear friends and colleagues, I wish to begin this year’s end message by thanking the A2ii Secretariat team for their energy and unwavering dedication to the vision of Access to Insurance Initiative – that more poor and vulnerable people have access to and use affordable insurance appropriate for their needs. 16.11.2022 | A2ii Editorial Team, Rachelle Jung | Covid-19, Data, Gender, SDG 5: Gender Equality, SDGs Katherine Miles and Manoj Pandey are the authors of the recent A2ii report 'The Role of Insurance Supervisors in Boosting Women’s Access to Insurance'. The report outlines the potential of women’s insurance and the regulatory and supervisory approaches that have the potential to facilitate women's access to inclusive insurance, improving financial resilience and advancing the cause of gender equality. 08.03.2022 | A2ii Editorial Team, Manoj Pandey | A2ii, Gender, Mauritius, SDG 5: Gender Equality, SDGs On this International Women's Day, you would likely have read or heard it said that women represent the majority of uninsured in the world. This is widely accepted and is most likely the truth too. Though why do we say it's most likely the truth? We say so because we don’t have the data. We don't have any comprehensive data set on women's access to insurance, both on demand or the supply. 01.12.2021 | Pascale Lamb | SDGs When you scrutinise the 17 Sustainable Development Goals (SDGs) and their accompanying targets, you will see inclusive growth, food security, climate action and health – among other goals. But what you will not necessarily see is the mechanisms and tools behind those goals that deliver the change needed in order to attain them. 02.02.2021 | Dunja Latinovic | Covid-19, Health, Inclusive Insurance, SDGs, Supervisory Dialogue Imagine if every year the population of an entire country the size of the Philippines fell into poverty because of out-of-pocket expenditures on health services. The WHO data on global health coverage presents a sombre picture. Every year 100 million people are pushed into poverty because of lack of health coverage; that without the burden of a global pandemic. Most Read Posts Covid-19Inclusive InsuranceSub-Saharan AfricaSupervisory DialogueIndex InsuranceRegulationsSouth AfricaA2iiSDGsConsumer ProtectionMicroinsuranceiii-labPrudentialInsurTechCaribbeanHealthCosta RicaRisk based capitalUKAsiaMalaysiaInclusive Insurance World MapSMEsGenderClimate and disaster riskFinancial InclusionSDG 5: Gender EqualityMauritiusArtificial intelligenceMachine learningEthicsGovernanceDataRemittancesBelizeMigrantsInnovationPacific IslandsFijiIFRS 17Accounting standardsSDG 13: Climate Action Subscribe to our list Receive notifications when we publish new blog entriesSubscribe here

https://www.a2ii.org/en/blog?field_blog_topic=430

WELCOME TO The POLICY REPORT Feature market insights and perspectives from top C-Level executives, elite technology influencers and thought leaders from your company here. This signature initiative has garnered immense support... Core Insurance, Insurance Technology Businesswire | April 28, 2023 Zinnia, a life and annuity insurance technology and digital services company, today announced it is acquiring Policygenius, a digital insurance marketplace. The acquisition lays the foundation for the industry’s first front-to-back architecture to power the entire insurance value chain and better serve carriers, advisors, and policyholders. The transaction expands Zinnia’s reach into digital distribution solutions, creating new opportunities to service carriers and d... Core Insurance, Risk Management Inszone Insurance Services | March 15, 2023 On March 14, 2023, Inszone Insurance Services, a rapidly expanding national provider of benefits, personal, and commercial lines insurance, informed that the company has acquired Jack E. Gilbert Insurance Agency, Inc. This acquisition is poised to enhance the capabilities of Inszone Insurance Services and is a strategic step in the company's growth trajectory. Headquartered in San Jose, Jack E. Gilbert Insurance Agency, Inc. has been catering to clients in California, Arizon... Farmers Insurance | February 20, 2020 Farmers Insurance is introducing its auto insurance product in South Carolina. A release stated that South Carolina marks the eighth state in which Farmers Insurance has expanded access to its products since 2011. Since that year, the insurer has over a million policies in force thanks to its eastern expansion in states such as Florida, Connecticut, Georgia, Maryland, New Jersey, New York, and Pennsylvania. Farmers Insurance president of personal lines Keith Daly said that the launch of its full... Citizens Inc. | February 27, 2023 Citizens, Inc., a diversified financial services company that offers life, final expense, and limited liability property insurance, recently announced that it entered into a new distribution agreement with Amerus Financial Group to expand its white-label program. As part of the agreement, Amerus will distribute Citizens' life and ultimate expense insurance policies under the Amerus Silver Shield brand. Meanwhile, CICA Life Insurance Company of America, also owned by Citizens... Risk Management, Compliance Workers Compensation, Compliance Life Insurance, Insurance Technology Keep me plugged in with the best Join thousands of your peers and receive our weekly newsletter with the latest news, industry events, customer insights, and market intelligence. Put your news, events, company, and promotional content in front of thousands of your peers and potential customers. Not a member yet? Not a problem, Sign Up Sign up to contribute and publish your news, events, brand, and content with the community for FREE

https://policy.report/companies/smartfinancial

TORONTO, July 17, 2015 - Canadian auto insurance customers have rated Intact Insurance tops when it comes to starting a claim and providing an exceptional customer experience. Intact Insurance, Canada’s largest provider of home, auto and business insurance company, scored highest among Canada's insurance companies in J.D Power’s 2015 Canadian Auto Claims Satisfaction Study. Intact Insurance led the pack in the first loss of notice study factor, which evaluated the initial call to start a claim. The study is based on responses from more than 2,500 auto insurance customers in Canada who settled an auto insurance claim within the past 12 months. "Our strategy is all about consistently delivering great service to customers, and being ranked highest in claims experience tells us this strategy is resonating," said Louis Gagnon, President, Service and Distribution, Intact Financial Corporation. "Achieving the highest score in the first loss of notice factor is – something we know is a key driver of customer satisfaction. We believe this means that customers see the value in our 30 Minute Claims Guarantee.” The Intact Insurance 30 Minute Claims Guarantee ensures that a customer’s call to report a claim will be started within 30 minutes of their call being answered – no matter the time of day. “We’ve examined how best to improve the customer experience, from starting a claim, to the systems our employees use to support customers, and invested accordingly,” said Gagnon. “Our ranking supports this approach and will spur us to continue to deliver exceptional customer experiences that are second to none,” adds Gagnon. About Intact Insurance and Intact Financial Corporation Intact Insurance is Canada's largest home, auto and business insurance company, the choice of more than four million consumers. Its coast-to-coast presence and its strong relationship with insurance brokers mean the company can provide the outstanding service, comfort and continuity customers deserve. Intact Insurance (www.intact.ca) is a member company of Intact Financial Corporation (TSX: IFC), the largest provider of property and casualty insurance in Canada (www.intactfc.com). Director, External Communications 1 416 344 8027

https://www.intactfc.com/press-releases/1/intact-insurance-tops-jd-power-auto-claims-customer-satisfaction-study

Praedicat + Apollo! Apollo understands that underwriters have always faced a litany of challenges when addressing emerging risk. They also understand that in today’s environment of relentless innovation, the challenge of managing emerging risk is only increasing. Apollo remains steadfast in its commitment to partnering with its clients to drive growth and innovation in the casualty market through the intelligent application of technology-enabled emerging risk insight. According to James Slaughter, Apollo’s Group Chief Underwriting Officer, “Emerging risk has historically been a challenging area for underwriters to address. With Praedicat’s technology, we provide our underwriters with cutting-edge insight, our capital providers with the confidence that our portfolio is contemplating emerging risks, and our customers with the coverage they need to navigate an increasingly complex litigation environment.” To that end, we are pleased to announce that Apollo and Praedicat have entered a three-year engagement in which Apollo will license Praedicat’s CoMeta™ platform. Apollo will employ Praedicat’s industry-leading emerging risk analytics that are designed to identify perils at their earliest stages, quantify commercial exposure, and monitor risk development as scientific evidence and regulatory pressure mount and litigation unfolds. The two companies will also collaborate to develop new emerging risk coverages for Apollo customers. This promises to be a very exciting partnership full of innovation, and we are very much looking forward to it. Click here to read the full press release. Get in touch with one of our Account Manager team members. Sign up here to receive the latest news, insights, event notifications, and information from Praedicat. Learn more about Praedicat and our partnerships, company risk score, Litigation Tracker, Lloyd’s liability scenario solution, emerging risk framework, COVID-19 offerings, as well as our collaboration with AON Reinsurance

https://www.praedicat.com/praedicat-announces-new-partnership-with-apollo/

ALEXANDRIA, Virginia, July 21, 2017–InVEST, the insurance industry’s premier classroom to career education program, has awarded a $500 scholarship to Josh Ramsay, a student at Dryden High School in Dryden, New York. The program is a key incentive in attracting new talent to the insurance industry which will have an estimated 400,000 open positions by 2020 and faces a critical workforce gap. “InVEST congratulates Josh Ramsay who is among the 76 students representing 24 high schools, colleges and universities in eight states, who earned scholarships this year,” says Cindy Hower, InVEST board chair and president of Kellerman Insurance, an independent agency in Holton, Kansas. “InVEST develops future industry professionals by teaching high school and college students about insurance, risk management and financial services. As a result, students from more than 800 InVEST programs across the country are better equipped to pursue careers in an agency, company or other insurance industry organization.” InVEST contributes to the education and development of future insurance professionals through academic programs and scholarships. In high schools, the program offers students a business curriculum which teaches them about the dynamics of insurance agencies and companies. At the college level, the program develops students’ risk management and financial analysis skills. Along with corporate and direct contributions, scholarships are funded through proceeds generated by the InVEST Silent and Live auctions held in conjunction with the Independent Insurance Agents & Broker’s (IIABA or the Big “I”) Legislative Conference. “A successful InVEST program is vital to the financial literacy of our young people, to the future of the independent agency system and to the insurance industry as a whole,” says Robert Rusbuldt, Big “I” president & CEO. “We are concerned that the average age of an insurance agent is almost 60 and as baby boomers continue retiring in record numbers, the InVEST program has the potential to replenish our workforce and to produce the next generation of industry professionals and leaders.” This year, InVEST awarded $75,500 to 76 students pursuing insurance-related degrees. The 2017 scholarship winners represent 24 schools and hail from eight states: California, Connecticut, Florida, Georgia, Louisiana, Michigan, New Hampshire and New York. for a complete list of scholarship winners. Scholarship hopefuls from across the country submitted essays describing the influence and benefits of InVEST on their educational plans. The quality of the essay, combined with the applicant’s grade-point average and extracurricular activities, were factors in selecting the recipients. Scholarship checks are mailed directly to the institute of higher learning that each student is attending and will be used exclusively for educational expenses. As a 501(c)(3) educational trust, InVEST benefits from the support of numerous insurance organizations, hundreds of agencies, brokers and volunteers. The program provides the insurance industry with motivated, talented and intelligent professionals through a support structure of state associations, board members, national staff, teachers and the many industry professionals who work in the field as classroom liaisons. Founded in 1970 and based in Alexandria, Virginia, InVEST promotes insurance education in order to attract individuals to pursue a career in the insurance industry. Each year, the program prepares thousands of students for insurance-related careers with a hands-on curriculum taught in high schools, adult education centers and colleges. These courses provide students with a working knowledge of the basics needed to pursue careers in the insurance industry. For more information, go to www.investprogram.org. Founded in 1896, the Big “I” is the nation’s oldest and largest national association of independent insurance agents and brokers, representing a network of approximately a quarter of a million agents, brokers and their employees nationally. Its members are businesses that offer customers a choice of policies from a variety of insurance companies. Independent agents and brokers offer all lines of insurance—property, casualty, life, health, employee benefit plans and retirement products. Web address: www.independentagent.com.

https://www.independentagent.com/media/Pages/2017/IN07212017_DrydenHS_NY.aspx

Kenneth Ko Shares Insights on Farmers Insurance with WalletHub In a comprehensive review of Farmers Insurance by WalletHub, Pepperdine Graziadio faculty member Kenneth Ko, sheds light on key aspects. While Farmers receives an overall rating of 3.0/5, Wallethub highlights the company's solid financial stability with A ratings from AM Best, Moody's, and S&P. Farmers excel in categories such as claims process, types of insurance offered, and transparency, earning full marks. However, the review notes that Farmers lags in the cost category, scoring 0/30 due to higher premiums, and emphasizes Farmers' strengths, including various discounts, celebrity endorsements, and sponsorships like the Farmers Insurance Open golf tournament. Ko advises consumers to focus on product offerings and pricing when evaluating Farmers, recognizing that discounts play a crucial role in attracting customers. “Farmers uses celebrity endorsers like J.K. Simmons and sponsorships like the Farmers Insurance Open golf tournament to give consumers a degree of familiarity and "comfort" with the company. While this type of marketing can certainly garner the attention of consumers, consumers themselves should focus on the bottom line of the insurance products that Farmers offers and their associated prices as compared to Farmers' competitors” Ko stated. Read the full review here.

https://bschool.pepperdine.edu/newsroom/articles/kenneth-ko-insights-farmers-insurance-wallethub.htm

The FM Global Internship is a 12-week paid internship program for students interested in a career in the insurance industry. The program provides students with the opportunity to learn about the insurance business through a series of rotations in various departments, such as Claims, Underwriting, and Risk Management. Interns will also have the chance to shadow an FM Global executive and attend company-wide events. Similarly, Read: Thomson Reuters Internship About FM Global FM Global is one of the world’s largest commercial property insurers. They insure buildings and contents for more than one million clients in over 130 countries. FM Global has been providing peace of mind to its clients for over 175 years. They are a mutual insurance company, meaning they are owned by their policyholders. This allows them to focus on their clients and their needs, rather than shareholders. FM Global’s clients range from small businesses to large multinational corporations. They offer a variety of insurance products and services to meet the needs of their clients. Whether you’re looking for property insurance, liability insurance, or any other type of commercial insurance, FM Global is a great choice. They have the experience and expertise to help you protect your business. - Company Name: FM Global - Location: Johnston, Rhode Island, United States - Education Required: Minimum Secondary - Industry: Insurance The FM Global Internship provides many benefits to students who participate. These benefits include: - The opportunity to learn about the insurance industry and how it works - Gaining real-world experience in the insurance field - Building your resume and your professional network - The potential to earn course credit - The chance to work with a global company How To Apply? Visit the official website to apply. FM Global is a great place to intern for anyone interested in a career in the insurance industry. The company provides a challenging work environment and the opportunity to learn from some of the best in the business. The internship program is very well structured and provides interns with a very good overview of the insurance industry. I would highly recommend the FM Global Internship to anyone considering a career in insurance.

https://jobzinusa.com/fm-global-internship/

The Importance of Financial Services and Insurance When it comes to securing a stable financial future, having access to trustworthy financial services and reliable insurance is paramount. Prins Insurance understands the significance of these services in safeguarding individuals, families, and businesses. Financial Services at Prins Insurance Prins Insurance specializes in providing a wide range of financial services that cater to the diverse needs of businesses and individuals alike. With their team of highly skilled financial experts, Prins Insurance offers personalized solutions designed to help clients achieve their financial goals. Whether you are looking for investment advice, retirement planning, or assistance with tax strategies, Prins Insurance has you covered. Their expertise in the financial industry ensures that you receive accurate and up-to-date information, enabling you to make informed decisions about your financial future. Insurance Services at Prins Insurance As an industry-leading insurance provider, Prins Insurance offers a comprehensive range of insurance services to protect what matters most to you. Their experienced team understands the unique risks faced by businesses and individuals, providing tailored insurance solutions to meet their specific needs. From auto, home, and business insurance to life, health, and disability coverage, Prins Insurance acts as a reliable partner in mitigating risks. Their commitment to exceptional customer service, combined with their extensive network of trusted insurance providers, ensures that you receive the best coverage at competitive rates. PrinsInsurance.com: Unlocking Your Financial Potential At Prins Insurance, their dedication to excellence goes beyond their wide range of financial and insurance services. Their user-friendly website, PrinsInsurance.com, provides a wealth of valuable resources to empower and educate clients to make smart financial decisions. Explore PrinsInsurance.com for Financial Insights PrinsInsurance.com serves as a hub of information, offering insightful articles and blog posts on various financial topics. Whether you're interested in investment strategies, retirement planning tips, or achieving financial independence, their website has you covered. By consistently publishing timely and engaging content, Prins Insurance ensures that their clients have access to expert advice and valuable insights to navigate the ever-changing financial landscape. Their commitment to education and transparency sets them apart from other financial service providers. Convenient Online Services for Insurance Management Managing your insurance policies has never been easier thanks to PrinsInsurance.com. Their intuitive online platform allows clients to access their policy information, make payments, and submit claims effortlessly. With PrinsInsurance.com, you can review your coverage, request policy updates, and even compare insurance quotes, all from the comfort of your own home. The streamlined digital experience provided by Prins Insurance ensures convenience and peace of mind for their clients. Conclusion: Prins Insurance - Your Partner in Financial Success Prins Insurance stands out as a trusted provider of financial services and insurance solutions, catering to the unique needs of businesses and individuals. With their unwavering commitment to excellence, industry expertise, and user-friendly website, PrinsInsurance.com, they are well-equipped to help you unlock your financial potential. By choosing Prins Insurance, you gain a reliable partner dedicated to your financial success, ensuring peace of mind and a promising future. Explore their comprehensive range of services and take advantage of their valuable resources today.

https://insurancedimensions.com/sl-1103812/positive-outlook-for-business-prins-insurance

Colin Biggers & Paisley has further bolstered its national insurance practice with a round of promotions. Effective Jan. 1, Laura Reisz will take on the role of partner, and Lachlan Boughton and Alicia Taylor will become special counsels. Reisz provides advice related to – and acts as defence and coverage counsel on – various professional indemnity, financial services, and construction-related claims, including large scale and complex litigation matters. Her clients include Australian and international insurers and reinsurers and companies across the Asia Pacific region. Boughton handles matters related to professional negligence claims, general liability, property damage, fraud, and recoveries. He acts for clients in the transport and logistics, legal, building and construction, property and development, and financial services industry. He also has extensive experience in large-scale commercial litigation and shareholder class actions. Taylor handles litigation, dispute resolution, conduct, and compliance matters. She has extensive experience in managing end-to-end legal claims on various legal issues, including personal injury, litigated, and unlitigated child abuse matters across courts, regulatory and court investigations, civil wrongs, privacy, professional indemnity, and others affecting non-profit organisations, aged care, education entities, and religious institutions. The promotions are part of Colin Biggers & Paisley's plan to expand its national insurance practice to strengthen its presence in the market and continue providing expert advice to its large insurance client base. Colin Biggers & Paisley managing partner Nick Crennan congratulated Reisz, Boughton, and Taylor on their promotion. “These promotions reaffirm our commitment to fostering excellence in the legal profession and our investment in our industries of focus. I have no doubt that these talented individuals will continue to contribute significantly to the success of our clients and our practice,” Crennan said. The promotions follow Colin Biggers & Pasiley's appointment of a new senior associate for its Brisbane insurance team.

https://www.insurancebusinessmag.com/au/news/breaking-news/colin-biggers-and-paisley-further-bolsters-insurance-practice-468523.aspx

Vision, Mission and Value To transform the company into an ideal insurance company, with larger growing equity base, that will provide more opportunities and options for utilization of funds in a prudent manner and help to increase profitability through economy of scale, better resource mobilization and reduction in operational costs, to provide better services to our clients and policy holders and to promote the confidence of both shareholders and policy holders. BGIC’s Value propositions: Risk Evaluation: Provide expertise in risk evaluation and risk mitigation leading to the most appropriate risk transfer solution. Post Sales services: Differentiate on service parameters by ensuring prompt and correct documentation and fair, transparent and speedy claims settlement. New Products: Introduce innovative products suited to specific market segments. Training: Extensive training to the employees involved in underwriting and claims to ensure availability if a varied experienced and competent team to cater to the customer needs. Technology: Use IT as a means to provide for a far superior customer experience in terms of access, speed and simplicity. Reinsurance Banking: Apart from using capacity of the national reinsurer, establish relationships with the best reinsurers across the world. BGIC’s Foundation: We Believe in….. Principles:To guide and counsel us in everything we do through knowledge management. Trust: To forge stronger, longer-lasting with the customers. Integrity: In our dealings with customers and business partners. Excellence: In everything we do for the betterment of our customers and business partners. Professionalism: In serving customers and working with business partners. Innovativeness: To continually provide relevant products and services with changing business environment.

https://bgicinsure.com/vision-mission-value

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips. To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words. To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”. Axa XL, the property/casualty insurance business of France’s Axa SA, said Tuesday it has named former Axis Capital Holdings Inc. executive Melissa Sowa as senior vice president, underwriting manager for miscellaneous professional liability. John C. Birkhofer, former Hallmark Financial Services Inc. executive, was named vice president, senior underwriter for professional liability, and former Argo Group International Holdings Ltd. executive Michelle Anderson was named as errors and omissions senior underwriter and program manager. All three are newly created positions, according to an email from a spokeswoman. Ms. Sowa, based in Bloomfield, New Jersey, will be managing the miscellaneous professional liability group for Axa XL. She most recently managed several property and casualty programs for Axis. Mr. Birkhofer, based in Morristown, New Jersey, will be underwriting a portfolio of lawyers and miscellaneous professional liability. He was most recently assistant vice president, errors and omissions underwriting product manager and lead underwriter for Hallmark in Jersey City, New Jersey. Ms. Anderson, based in Exton, Pennsylvania, joins Axa XL’s commercial errors and omissions programs team. She was most recently a program manager for U.S. commercial programs for Argo.

https://www.businessinsurance.com/article/20220614/NEWS06/912350536/Axa-XL-hires-from-Axis,-Hallmark,-Argo-Melissa-Sowa-John-C-Birkhofer-Michelle-A

LONDON — Lloyd’s of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial insurance market said on Thursday. Lloyd’s said last year that it planned to launch two electronic exchanges covering simple and complex insurance deals. In February it piloted an electronic exchange for simpler insurance transactions. The 330-year-old market operates mainly with face-to-face trading and is up against competition from lower-cost rivals, although the COVID-19 pandemic has forced Lloyd’s participants to use more electronic trading and agree deals online. Lloyd’s no longer plans to launch its own complex risk exchange but will work with existing platforms already used by the market, such as PPL, to improve digitalisation. Lloyd’s bought a 40% stake in PPL this year. “We wanted to execute quickly,” CEO John Neal told Reuters, explaining the change of tack. Lloyd’s also said it would develop an “exchange of exchanges” for simpler risks, connecting existing automated systems used by insurers and brokers, and would update the market on this next year. The Lloyd’s market, which comprises more than 90 insurance syndicate members and hundreds of brokers, insures anything from ships to sculptures. “We are redesigning the entire insurance life cycle, something which has not been attempted at Lloyd’s for a very long time,” Neal told an online launch event for the second report on its Future at Lloyd’s strategy. “It’s going to take the whole market to support us if we are to succeed.” Some market participants have resisted change, saying they were not convinced automation would work for the complicated risks insured by lloyd’s. Neil said the COVID-19 lockdown has shown the market can operate when the floor is closed. Lloyd’s plans to make other changes over the next two years to improve operational efficiency, such as automating claims processes to try to cut costs for insurers and brokers by about 3%, or 800 million pounds, annually. Christopher Croft, CEO of broker trade body LIIBA, said London companies that operate outside Lloyd’s should be included in the digitalisation plans. “Lloyd’s developing services just for its own use would be a backward, not forward, step,” he said in a statement. Neal said Lloyd’s plans would benefit the entire London market. Was this article valuable? Here are more articles you may enjoy.

https://www.claimsjournal.com/news/international/2020/11/05/300340.htm

Chubb Insurance Company of Europe is part of The Chubb Corporation, a worldwide insurance organization providing specialized insurance through independent brokers. The company has more than 130 offices worldwide and assets in excess of $35 billion. Its European subsidiary covers 12 countries and has revenues of more than $1 billion. “The insurance business is extremely dependent upon the quality of management information provided to its people. At all times, we need to understand exactly where we are in the business cycle, and for that we need timely and accurate integration of data.” Vice President of European Management, Information Technology, Chubb Insurance Company of Europe Improve business reporting: investment and underwriting strategy hinges on fast, complete access to trusted insurance information. Understanding of past performance critical to knowing where the company is today and to making accurate predictions about future trends. Integrate data from multiple dispersed systems Deliver a standard, open and flexible platform for all future data integration needs. Introduce new web-enabled reporting and analysis tools. Solutions & Results Increased integrity of data across all platforms and applications, enhancing management information accuracy. Enhanced productivity through reduction of report production time from hours to minutes. Heightened ability to match resources to commercial opportunity through accurate business reporting. Improved understanding of customer requirements and ability to supply that information to insurance brokers to enhance the sales operation.

https://www.informatica.com/jp/about-us/customers/customer-success-stories/chubb-insurance-company-of-europe.html

Blue Cross Asia Pacific As an insurance intermediary we are able to provide rates from many insurers which guarantees you the best rate and coverage options. Our prices are exactly the same as the insurer so you never pay more for using us. Blue Cross Asia Pacific Insurance is a member of the Bank of East Asia Group and is committed to serving the insurance need of the Asia Pacific region. Since 1977 Blue Cross has been providing quality health insurance products to expatriates and local nationals all over Asia. Founded by the Bank of East Asia to serve as the group's dedicated insurance arm, Blue Cross has risen to prominence as one of the top insurers in the Asia Pacific Region. By delivering the most comprehensive plans available for the region, and always looking to serve customer needs, Blue Cross has made its primary focus providing superior, tailored insurance policies for individuals and corporations in Asia. This insurance company received the award for “Customer Relationship Excellence – Innovative technology” in 2003, proving that they are constantly looking for new and improved ways of meeting their clients' many needs. Offering one stop, online purchasing solutions and facilitating the treatment of its customers by interacting with various hospitals and clinics around the Asia Pacific region, Blue Cross has time and again proven its dedication and care towards its customers. As one of the first insurance companies in Hong Kong to develop a direct settlement network in 1994, Blue Cross is constantly looking towards the future and anticipating any major changes in the medical industry. When you have a Blue Cross Asia Pacific plan, you can be assured of receiving the support and protection that you deserve. As Expatriate Insurance Advisors At Globalsurance we are insurance intermediaries who deal with a variety of policies including international health insurance and expat travel insurance. As independent advisors, we work to further the interests of our clients and not those of the insurance companies. What this means for you is that we will always work to ensure that you have the best expat travel insurance or international medical insurance plan to fit your needs. By working with some of the biggest insurance companies in the world we have access to a multitude of plans and will always find you the perfect policy. Our relationship with many insurance companies allows us to provide our clients with the lowest possible premiums as there are no extra expenses or hidden fees. In addition to this you will never have to pay more when working with us.

https://www.globalsurance.com/insurers/blue-cross/

Latest news from Christie Finance. We are delighted to announce that Christie Finance is a Business Moneyfacts Award Finalist in the category of Commercial Mortgage Introducer of the Year 2017.Read More Stuart Pawelczyk, Associate Director at specialist commercial mortgage broker Christie Finance, has recently helped an experienced care home operator secure a better-value finance facility for his two residential care homes, Aden House in Inverness & Newlands Care Home in Dunfermline.Read More Christie Finance, the specialist commercial mortgage broker, has recently assisted a Husband & Wife team with raising finance to purchase St Mary’s Residential Care Home in New Buckenham, Norwich.Read More Christie Finance, the specialist commercial mortgage broker, has recently arranged funding for a Father & Son team to purchase Butt Lane Pharmacy, Stoke-On-Trent.Read More Christie Finance, the specialist Commercial Finance Broker, has successfully arranged a finance package of £26,000,000 for twenty-three of Hollyblue Healthcare’s portfolio Residential Care Homes operating in the elderly and specialist care sectors. Tenants include some of the leading healthcare providers in the UK.Read More Christie Finance, the specialist commercial mortgage broker, has successfully arranged a £1.5m funding package with Santander for its client Riverside Childcare Ltd, assisting them in their acquisition of Riverside Nursery in Kirkintilloch, East Dunbartonshire.Read More Chase Park Neuro Centre, a specialist care centre for individuals with brain injuries, neurological conditions and learning or complex physical disabilities in Newcastle upon Tyne, was recently assisted with raising funding by specialist commercial mortgage broker, Christie Finance.Read More

https://www.christiefinance.com/news-resources/completed-deals/30/

Risk Strategies Acquires Advisor Brokerage Services Expands firm’s presence in Texas and specialty expertise in private equity space BOSTON, April 21, 2022 -- Risk Strategies, a leading national specialty insurance brokerage and risk management and consulting firm, today announced it has acquired full-service insurance brokerage and risk management consulting firm Advisor Brokerage Services (ABS). Terms of the deal were not announced. Although well established in the state, ABS is the first acquisition in Austin, Texas, for Risk Strategies. Focused on serving alternative asset management firms, ABS offers highly specialized insurance coverages for large financial institutions, hedge funds, private equity firms and family offices. “ABS values strong client relationships and is committed to serving the dynamic needs of institutionally-backed portfolio companies which aligns naturally with our company’s specialist approach to risk and private equity practice,” said Neil Krauter, Sr., Private Equity Practice Leader for Risk Strategies. “I have known and worked with Charles for over 20 years and am excited to welcome him and the Advisor Brokerage Services team to the Risk Strategies family.” Since its founding in 2014 by Charles Newman, ABS has had strong ties to the rapidly growing Austin community. ABS was structured to accommodate a wide variety of accounts while also handling complex risks. The company’s extensive capabilities include comprehensive insurance solutions for portfolio investments, support for smaller placements, private client services, internal and external diligence, as well as request for proposal (RFP) consulting for portfolio companies and subsidiaries. “As we explored elevating ABS and our clients, we looked for a partner that not only had deep technical skills, resources and market access to leverage, but also one that would maintain the entrepreneurial spirit our clients appreciate. Risk Strategies uniquely matched those two desires and we’re excited to continue to grow together,” said Charles Newman, Founder and Principal of Advisor Brokerage Services. Risk Strategies continues to acquire complementary companies that have a unique and compelling value proposition and are additive to the Risk Strategies family. Over 100 organizations, each with specialty expertise and capabilities, have joined the company since its founding in 1997. To learn more about Risk Strategies, please visit www.riskstrategies.com About Risk Strategies Risk Strategies is the 9th largest privately held US brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 100 offices including Boston, New York City, Chicago, Toronto, Montreal, Grand Cayman, Miami, Atlanta, Dallas, Nashville, Washington DC, Los Angeles, and San Francisco. RiskStrategies.com.

https://www.risk-strategies.com/press-releases-risk-strategies-acquires-advisor-brokerage-services

TPL Insurance & TPL Life Sign an Agreement with Soneri Bank Karachi: 11th March 2019 – TPL Insurance and TPL Life are Pakistan’s leading enterprises in innovative insurance business and have signed a ‘Master Agency Agreement’ with the prestigious Soneri Bank Limited. The partnership will provide customers with coverage of vehicles by TPL Insurance, while their life-risks will be covered through the TPL Life Bancassurance product. The agreement was signed at a ceremony held at Soneri Bank – Karachi to commemorate the partnership aimed at expanding insurance and banking collaborations in the market. The three partners aim to work cohesively and in future hope to explore many other avenues of business to generate more benefits and accelerate business growth. Mr. Muhammad Aminuddin – CEO, TPL Insurance said, “We are pleased to partner with Soneri Bank in our efforts to expand the insurance outreach and combine our strengths to create innovative insurance products for the consumers. I am confident that this alliance will facilitate Soneri Bank customers to the fullest and we will continue to enrich this collaboration with more value-added services.” Soneri Bank offers world-class banking services with its presence and comprehensive network of 291 branches spread across all the big cities and commercially important towns of Pakistan. It also operates 21 Islamic banking branches and over 300 ATM machines in the country. Mr. Amin A. Feerasta – Executive Director, Soneri Bank expressed his delight on this strategic alliance stating, “we are proud to announce our partnership with TPL insurance for combining our strengths and bringing value added products for our customers. Soneri Bank with its ethos of Roshan Har Qadam has always strived to bring betterment to the life of its customers and these innovative solutions is a step forward in enriching the lives of many. We look forward to bringing new collaborative products in the future”. Speaking at the occasion, Mr. Faisal Abbasi – CEO, TPL Life said “Developing innovative insurance products for the Pakistani Market has been the hallmark of our existence. This alliance with Soneri Bank will go a long way in providing tailor made insurance solutions for the bank’s customer base – especially for consumer segments that seek quality financial security ambit for themselves and their loved ones on a regular basis.” During the signing ceremony, Mr. Aminuddin, Mr. Feerasta and Mr. Abbasi were accompanied by their companies’ senior officials, including: Mr. Syed Ather Abbas – Deputy Managing Director, TPL Insurance, Mr. Aurangzeb Siddiqui – Head of FIG, TPL Insurance, along with Mr. Humayoon Asghar – Head of Business Solutions and innovation, TPL life and Mr. Muneer Khan – Head of Commercial and Corporate Business, TPL Life. Soneri Bank was represented by Mr. Mohammad Aftab Manzoor – CEO, Mr. Mirza Zafar Baig – CFO, Zulfiqar Lehri – Head of Consumer Banking, Mr. Muhammad Qaisar – Head of Corporate & Investment Banking and Mr. Shahid Abdullah–Head of Treasury, Capital Market, PRI & FI. About TPL Insurance: TPL Insurance is the first insurance company in Pakistan to sell general insurance products directly to the consumer. Since launch in 2005, the company has grown from strength-to-strength, delivering superior and hassle-free Insurance producrts to individual & corporate clients. TPL Insurance currently provides a complete range of innovative insurance solutions. https://tplinsurance.com About TPL Life: TPL Life offers an extensive suite of life and health insurance solutions to address a range of segments including corporate, retail, micro-health and e-commerce digital consumers. Our life and health insurance and savings solutions aid you at every stage of life, ensuring your protection and giving you access to better healthcare, while helping you secure your dreams for the future, and providing a financial cushion for any unforeseen life event, accident, or illness. www.tpllife.com The post TPL Insurance & TPL Life Sign an Agreement with Soneri Bank appeared first on TPL Insurance.

https://tplcorp.com/tpl-insurance-tpl-life-sign-an-agreement-with-soneri-bank/

Lucy Cleland Literary Agent – This article about Literary Agent Lucy Cleland and Calligraph is part of a series about literary agents and how to Find a Publishing Agent. Publishing Agent Lucy Cleland is a literary agent with Calligraph. Book Agent Lucy Cleland interned at Yale University Press and was a research assistant at the Emory Goizuetta Business School. She studied English and Studio Art, and graduated magna cum laude from Wellesley College. She cut her teeth as an agent working closely with Jill Kneerim at Kneerim & Williams. Literary Agent Lucy Cleland works with a variety of authors, from scholars to debut novelists, and has sold books to academic and trade publishing houses, including: W.W. Norton, Grand Central Publishing, Farrar, Straus & Giroux, Random House, Chronicle, HarperCollins, Sourcebooks, Melville House, and University of North Carolina Press. Her taste is eclectic—little “c” catholic. Whatever the category, she is looking for authors with sharp opinions who embrace bold concepts and write lucid, textured prose. She is drawn to unconventional and untold stories, the lives of creatives and rebels, and questions about identity and inheritance. She is actively seeking diverse voices. Her clients have been Pulitzer finalists, winners of the NBCC Award and PEN America Awards, recipients of MacArthur “Genius” grants, and elected to the American Academy of Arts and Sciences; their books have been featured in the New Yorker’s Briefly Noted, New York Time’s Editors’ Choice, and best books of the year lists, as well as ranked as USA Today Bestsellers and selected for Book of the Month Club. Lucy Cleland Literary Agent is on our list of AAR Publishing Agents (book agents who are members of the Association of Authors’ Representatives), Publishing Agents Boston (book agents in Boston), Publishing Agents USA (book agents in the United States), Fiction Publishing Agents (book agents who represent fiction authors), Nonfiction Publishing Agents (book agents who represent nonfiction, not just novels), Children’s Publishing Agents (book agents who represent books for younger readers), and Young Adult Publishing Agents (book agents who represent YA books for teens). Lucy Cleland Literary Agent Biography The profile about Lucy Cleland Literary Agent that you see here contains just some of the information you’ll find in our free Book Agents Directory, with listings for all publishing agents. Scroll below now to learn more about Literary Agent Lucy Cleland and get free instant access to our Book Agents Directory. Book Genres – Lucy Cleland Literary Agent Lucy Cleland Literary Agent represents the following book genres: - Children’s Books Representative Sales – Lucy Cleland Book Agent Scroll below now to view representative titles and a complete profile for Lucy Cleland FREE in our Book Agents Directory. AAR Status – Lucy Cleland Publishing Agent Scroll below now to view the AAR status and a complete profile for Lucy Cleland FREE in our Book Agents Directory. Contact Information – Lucy Cleland Literary Agent Scroll below now to view the email and postal address for Lucy Cleland FREE in our Book Agents Directory. Lucy Cleland Literary Agent Enter the Literary Agents Directory Want more information about Lucy Cleland? Join thousands of other subscribers today by entering your first name and email address. You’ll get free access to the Directory of Book Agents with detailed profiles for all book agents, including Lucy Cleland Literary Agent.

https://literary-agents.com/lucy-cleland-literary-agent/

InsuranceDekho Raises USD 150M, Largest Series A Funding By An Indian Insurance Tech Player InsuranceDekho, a leading Indian insurtech player, raised a whopping $150 million in a funding round comprised of both equity and debt on Tuesday. This would be the largest series A round ever raised by an Indian insurtech company. The equity round was led by Goldman Sachs Asset Management and TVS Capital Funds. The funding round was also attended by Investcorp, Avataar Ventures, and LeapFrog Investments. Meanwhile, Haitong Securities India served as the fundraising's sole financial advisor. InsuranceDekho said in a statement that the new funding will be used to scale up its product and technology functions, expand into new markets, launch new innovative products in the health and life categories, grow the company's Micro, Small & Medium Enterprise (MSME) insurance business, strengthen its leadership team, and pursue inorganic growth opportunities. According to Ish Babbar, CTO and Co-Founder of InsuranceDekho, the funding will allow us to deploy scalable Insurtech solutions in the areas of data analytics, Artificial Intelligence, last-mile servicing, and claims management, all while keeping the customer experience at the forefront of everything. InsuranceDekho, founded in 2016 by Ankit Agrawal and Ish Babbar, has seen significant premium growth since its inception. By March 2023, the insurtech hopes to have an annualised premium run rate of 3,500 crores. "It's heartening to see that InsuranceDekho, under Ankit's leadership, has come a long way as it continues to disrupt the Insurtech space in India by leveraging its unparalleled unit economics, the best technology, phenomenal partner practises, and innovation to set new benchmarks in stakeholder experience," said Amit Jain, CEO and Co-founder, CarDekho Group, of the latest fundraise. InsuranceDekho has demonstrated a proven ability to bring new-to-insurance channel partners to their platform, while empowering them through technology-based solutions and working closely with insurers, according to Rajat Sood, a Managing Director at Goldman Sachs Asset Management. Sood added that Goldman Sachs AMC is looking forward to leveraging its global domain expertise and assisting the management team in its nationwide expansion to provide broader coverage and more solutions. Further, on the latest funding, Ankit Agrawal, CEO, and Co-founder said of InsuranceDekho said, "to realize our goal of democratizing insurance for the general public, we are expanding our reach and will continue to build on our tech-based solutions and empowered advisors so that they can serve every village and region of India by the end of the year. India is on the verge of a revolution in insurance, and InsuranceDekho is well positioned to meet the insurance needs of every Indian." Currently, India's current insurance penetration is 4.2% of GDP compared to 12% in the USA and 7%2 globally. And about 85% of India’s existing insurance premium is centered in the metros and Tier 1 cities. InsuranceDekho aims to change that! As per Praveen Sridharan, Partner, TVS Capital Funds, though insurance is vital for the financial security of everyone, its penetration is still at 4.2% of Indian GDP compared to a global overage of 7.4%. The key to this is to access the middle and lower middle-income class—the next 400 million—living in the next 1000 towns of India. InsuranceDekho, with its agency model and digital DNA, offers a powerful mechanism for this penetration to expand. Sridharan added, "We are convinced on the InsuranceDekho model. Of course, we always back founders who can demonstrate bringing alpha and were impressed with Ankit and the team basis their execution capability, operational excellence, and superior technology skills. We are delighted to partner in their journey of enabling access to insurance products to the 600,000 villages of India." InsuranceDekho receives 82% of its premium from Tier 2 and beyond regions in order to provide insurance across the country. At the moment, the company has a presence in over 1,300 towns, covering 98% of India's pin codes. The company is attempting to achieve 100% penetration in the country. The insurtech player hopes to have over 2 lakh insurance advisors active on its platform by the end of 2023. According to InsuranceDekho, most InsuranceDekho insurance advisors see a threefold increase in total household income within six months of joining the company. The ability of the advisor to earn more allows them to significantly improve the standard of living for their families. Headquartered in Gurgaon, InsuranceDekho works with most insurance providers and has direct integration with 46 insurance companies across India offering more than 380 insurance products including 175 products for health and life. InsuranceDekho intends to expand its portfolio by offering more products in near future.

https://www.ceoinsightsindia.com/news/insurancedekho-raises-usd-150m-largest-series-a-funding-by-an-indian-insurance-tech-player-nwid-12679.html

Spotify has launched a new paid plan called Premium Duo, which allows two people to get individual accounts under one plan. The subscription will cost $12.99 per month in USA and INR 149 in India. Any two people residing at the same address can apply for the plan, which will allow them to sign-in separately using different sign-ins. All of the perks available in the Premium plan such as ad-free streaming, on-demand music and access to the millions of songs and podcast titles will be available to both the users. Those who don’t already have a Premium subscription are also eligible to get the first month of Premium Duo for free on trial. While two people can create separate logins and accounts under the same plan, only the one who started the plan will pay the full amount. Existing Premium subscribers can easily upgrade to the Premium Duo plan via their account page. Upgrading will carry over all your settings, saved music, playlists and recommendations to the new account. Spotify Premium Duo plan will be available in 55 markets worldwide at the time of launch. “Premium Duo includes our extensive music and podcast catalog and everything users love about Spotify Premium. With two individual Premium accounts, you can both listen independently, uninterrupted, and get all of your personalized playlists and features tailored just for you,” said Alex Norström, Spotify’s chief freemium business officer. “We are proud to launch Spotify Premium Duo, a first-of-its-kind audio offering for just two people in the same household.” Premium Duo subscribers will also get access to the Duo Mix feature — similar to Family Mix available for Spotify Premium Family subscribers — which will compile a playlists of common interests shared by the two Duo subscribers based on their listening history. In the News: India bans 59 Chinese apps citing security concerns

https://candid.technology/spotify-premium-duo-launched-in-55-markets-at-inr-149-per-month/

Having started out as an apprentice, she is now a main board director of one of the leading independent insurance brokers in the SouthWest – Isca Barum Insurance Brokers Ltd. With offices in Barnstaple & Exeter, the Chamber is pleased to congratulate members Isca Barum and Sarah in particular on this massive milestone! Sarah said; ‘’There have been a lot of changes in the way in which insurance is purchased over the 35 years, however, our clients are those that appreciate and understand the personal service we offer and don’t want to be just a number, or have no contact other than by a screen. I want us to be able to live up to our strap line of ‘Personal. Professional. Independent.’ But for us, of course, the key is the Personal aspect. Many of my clients have remained with our company for many years, because of the service we provide – whether in policy placement or the way we take authority on dealing with their claim. This level of service cannot be obtained by using the direct markets or a faceless broker.’’ Sarah enjoys reviewing a prospective client’s insurance requirements – whether helping them with a different approach or just being able to provide wider coverage for similar premiums. With insurance premiums at an all-time low, in some instances, money savings can’t necessarily be achieved – but the added value that can be brought to a portfolio or by working on a Fee basis can be the key point in welcoming new clients.

https://www.barnstaplechamber.co.uk/blog/post/5038/Sarah-Page-celebrates-35-years-in-insurance/

Dubai, U.A.E., 19 December 2023 – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) today announced that it has received cash insurance settlement proceeds totaling approximately US$118 million in respect of aircraft previously on lease to Public Joint Stock Company “Aeroflot – Russian Airlines” (“Aeroflot”). The amount represents a settlement of DAE’s insurance claims under Aeroflot’s insurance and reinsurance policies relating to seven (7) aircraft and associated engines. The insurance settlement and receipt of the settlement proceeds from Limited Liability Company “Insurance Company NSK” (“NSK”), a Russian insurance company, were carried out in full compliance with all applicable sanctions regimes. Effective upon receipt of these insurance settlement proceeds from NSK, each DAE affiliated entity involved in the leases to Aeroflot has released its claims against NSK, Aeroflot, and their international reinsurers with respect to these aircraft and engines. Insurance settlement discussions are ongoing with respect to DAE’s claims under the insurance policies of several other Russian airlines. However, it is uncertain whether any of these discussions will result in any insurance settlement or receipt of insurance settlement proceeds and, if so, in what amount. In particular, it remains uncertain whether the necessary approvals and funding to complete any such further insurance settlements can be obtained. DAE will continue to actively pursue its litigation in the English courts under its own insurance policies. DAE will also continue its efforts to seek to mitigate its losses in respect of its aircraft that were previously leased to other Russian airlines. * ENDS * Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aviation services corporation with two divisions: DAE Capital and DAE Engineering. Headquartered in Dubai, DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York, and Seattle. DAE Capital is an award-winning aircraft lessor with an owned, managed, committed, and mandated to manage fleet of approximately 550 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$20 billion. DAE Engineering provides regional MRO services to customers in Europe, Middle East, Africa, and South Asia from its state-of-the-art facility in Amman, Jordan, accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 15 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com. For further information, please contact: |Fixed Income Investors |+971 4 428 9576 |+971 4 428 9576

https://dubaiaerospace.com/2023/12/19/dae-receives-cash-insurance-proceeds-aeroflot/

Tencent has its arms spread and a lot of businesses; for those who don’t know Tencent is a majority stockholder in Weimin Insurance Agency Co., Ltd. Today, the administrative penalty information form published by the Shenzhen Banking and Insurance Regulatory Bureau; shows that Weimin Insurance Agency Co., Ltd; had replaced the term “insured” with “receive” on the “Wei Medical Insurance Hospitalization”; insurance application page on the mobile web page, and marketed as “only “XXXX copies left”; while failing to guide the customers to truthfully inform them of their health conditions; and was fined an amount of RMB 120,000. At the same time, the responsible persons’ Li Le and Li Ming have been issued warnings and are fined 20,000 yuan respectively. Article 131 of Insurance Law in China: Weimin Insurance Agency Co Fails to Follow Article 131 of the “Insurance Law of the People’s Republic of China”; states that insurance agents, insurance brokers and their practitioners shall not conduct the following activities in handling insurance business activities: - Defrauding insurers, applicants, and insured persons Or the beneficiary - Conceal important information related to the insurance contract - Hinder the applicant from fulfilling the obligation of truthful notification provided by this law; or induce him to fail to perform the obligation of truthful notification provided by this law - Give or promise to give The insured, the insured or the beneficiary’s interests beyond those stipulated in the insurance contract - The use of administrative power, position or professional convenience and other improper means to force; induce or restrict the insured to enter into an insurance contract - Forgery or alteration without authorization Insurance contracts, or providing false certification materials for parties to insurance contracts - Embezzlement, withholding, or misappropriation of insurance premiums or insurance money - Using business convenience to seek illegitimate benefits for other institutions or individuals - Collusion with insurance applicants, The insured or the beneficiary defrauds the insurance money - Disclosure of the business secrets of the insurer, the insured, and the insured that is known in business activities. According to Public information services which shows that Weimin Insurance is Tencent’s first holding insurance platform. The company was established back on October 19, 2016, with a registered capital of 350 million yuan. The company’s CEO and chairman are Liu Jiaming. The following is the original text of the administrative penalty information disclosure form: Gizchina News of the week Tencent Gains Permissions to Sell Insurance via WeChat and QQ Back in 2017, Chinese Internet giant Tencent has obtained the green light from regulators so to sell insurance via online platforms such as WeChat and QQ. The official website of the China Insurance Regulatory Commission (CIRC) has revealed that Weimin Insurance Agency Co., Ltd, in which Tencent holds a 57.8% equity stake, has garnered approval to engage in insurance agency operations. The approval gives Weimin Insurance the go-ahead to engage in the agency sale of insurance products and agency receipt of insurance fees as well as to conduct damage surveys and provide compensation in relation to insurance operations.

https://www.gizchina.com/2020/08/17/tencents-weibao-fined-120000-yuan-marketing-violation-suspected-of-deceiving-policyholders/

Insurtech managing general agent (MGA), Loadsure has launched a Motor Truck Cargo Insurance product powered by data and built for the logistics community. Named Columbia™- Motor Truck Cargo and Logistics Services Insurance, Loadsure’s new product aims to provide market-leading coverage, protecting motor carriers, freight brokers, and freight forwarders against cargo damage. In addition to the main insurance agreement, it will also include business personal property, contingent coverage, contractual penalties, waste removal, additional costs, freight charges and shipping containers. By leveraging data and digital technology, Columbia™ will empower wholesale insurance brokers to effectively quote and secure coverage through dynamic quote, bind and policy generation, the insurtech said. Brokers have access to quick and easy digital quoting along with fair, sustainable pricing through data-powered, risk specific underwriting, dynamic document generation and data transparency. Loadsure’s CEO and founder Johnny McCord said: “Columbia™ is another example of the importance of data-driven solutions in advancing insurance and closing the protection gap for SMEs in the cargo and freight space . “Backed by our industry-leading expertise, Columbia™ will empower brokers to better serve freight forwarders seeking the long-term partnerships and solutions needed to support their businesses.”

https://weis.com/loadsure-to-provide-market-leading-coverage-with-new-motor-truck-cargo-insurance/

Apollo has partnered with MGA Envelop Risk to underwrite a new class of cyber reinsurance business within Apollo Syndicate 1971, with effect from the 2023 year of account. Envelop Risk is a cyber reinsurance MGA which to date has developed a cyber reinsurance business outside of Lloyd’s. Matt Newman, Active Underwriter of Apollo Syndicate 1971, said: “We are committed to delivering mutual success through long-term strategic partnerships, where there is shared vision and alignment. Partnering with Envelop is a hugely exciting opportunity to further diversify our (re)insurance offering.” Jonathan Spry, CEO of Envelop Risk added: “Our mission at Envelop is to become a leading global cyber reinsurance business by combining superior underwriting, capital management, and data-driven proprietary modelling.” “We believe Lloyd’s, with its strong brand and reputation, global license network and unique capital structure, to be a compelling place to build our second underwriting platform alongside Bermuda.” Spry added that Envelop has found a very close alignment with Apollo, which “shares our view on the future development of the (re)insurance market, and look forward to working with the team at Syndicate 1971 on the development of our presence within Lloyd’s over the coming years.” TigerRisk acted as adviser in bringing this partnership together.

https://www.emergingrisks.co.uk/apollo-and-envelop-risk-partner-for-cyber-reinsurance/

Copy for Insurance Times’ The Big Question. Response attributed to Martin Williams, COO, ThingCo. From a motor insurance perspective, telematics insurance emerged almost a decade ago to support young drivers to help make premiums more affordable. As lower-cost technology has emerged, using AI and Voice to do more for the customer, and operational costs have reduced, telematics is becoming far more viable for brokers to offer other segments of the market such as older drivers and those that want a miles-based product. At ThingCo, we are seeing growing interest from brokers looking for flexible telematics-based motor insurance solutions to offer their customers in recognition of the huge pressures on household finances as well as the change in working patterns as a consequence of the pandemic. It offers a way for brokers to incentivise safer driving with discounts at renewal for the best drivers, while also helping them meet the FCA’s new pricing rules. Telematics will also help lower income households when insurers really start to use the data at claim to lower their claims costs. One of the best things about telematic solutions is that they put power into the hands of the consumer. By driving safely, motorists know their premiums will drop and make their time on the road more affordable.

https://thingco.com/news/cG9zdDo2MQ==/

Politico pro plans. Flexible plans to meet your organization’s needs. Explore which option is right for you. Act on the news. Exclusive news, insights, and smart customization to drive your policy forward. POLITICO Pro Plus includes: Smart policy tools all in one platform, including bill trackers, collaboration tools, directories, calendars, and more Original reporting across 22 policy coverage areas by 300 professional reporters Customized, proactive alerts & notifications tailored specifically for you Detailed policy newsletters Lead the conversation. In-depth analysis, data visualizations, and project management tools to inform your stakeholders with confidence. Everything included in Plus and: Identify and build a network of influencers in Congress for key policy issues Policy data visuals and explainers to help you interpret critical information easily In-depth bill analyses that break down exactly what’s being debated in a simple and straightforward way Shareable analyses available in multiple formats Pre-populated projects delivered & updated as topics evolve POLITICO Pro is a customizable policy intelligence platform to monitor policy developments, act on the news, and lead the conversation. POLITICO Pro is staffed by a dedicated reporting team within the POLITICO newsroom. POLITICO Pro is the only policy intelligence platform built for those on the frontlines of policy. Compare here.

https://www.politicopro.com/plans/

SAN DIEGO, Nov. 19, 2021 /PRNewswire/ — K2 Insurance Services, LLC is excited to announce the launch of its newest MGA, K2 Parametric led by Scott Carpinteri, a well-known expert in the Parametric Insurance space. Carpinteri is an industry veteran with over 25 years of insurance experience, the last 6 having been spent with Swiss Re Corporate Solutions where he has been instrumental in advancing the progress and success of Parametric Insurance as a risk management tool. "Parametric Insurance is my professional passion and I look forward to providing collaborative, bespoke solutions for brokers and clients," says Carpinteri. He further adds, "The MGA production model is ideal for the parametric space as it allows for utmost focus on the sales process which relies upon three key elements: education, education, and education," "We are extremely excited to partner with Scott – his underwriting acumen and knowledge of Parametric Insurance are unparalleled in our experience," added Nate Hunter, CFO of K2. "Scott is precisely the sort of partner we seek to join our growing team – he has a loyal, deep following of production sources and is highly capable of generating an outstanding underwriting result for his capacity partners." Parametric Insurance is an up-and-coming space in the insurance arena. The policies are quite simple in that they pay pre-agreed claim amounts based on the local parameters of independently, objectively measurable events, such as Hurricanes or Earthquakes. The policy proceeds can be used by the insured to offset any net costs related to the event, well beyond physical damage costs, which can nicely supplement gaps in traditional indemnity insurance policies. K2 Parametric will be based out of California. For more information, please contact: Scott Carpinteri | President | K2 Parametric, LLC About K2 Insurance Services, LLC and its subsidiaries K2 Insurance Services (K2) is an insurance services holding company, which owns and controls a diverse set of specialty program administrators. Through its MGAs, K2 markets, underwrites, and services over $1 billion annually in niche commercial and personal insurance premiums. From workers’ compensation for high hazard exposures such as commercial transportation to personal lines coverage for manufactured homes, K2 helps insure clients across a diverse array of risks and industries. K2 is headquartered in San Diego, California and is a privately held company. SOURCE K2 Insurance Services, LLC

https://insurancenewswire.com/press-release/k2-insurance-services-launches-new-parametric-mga-headed-by-industry-veteran-scott-carpinteri-301429274/

An earthquake of magnitude 4.5 struck Nepal in the early hours of Thursday, according to the Nepal Seismological Centre. The earthquake, which had its epicenter in Chitlang of Makwanpur district in Nepal, occurred at approximately 1:20 am (local time). Fortunately, there were no reported casualties. Nepal is currently undergoing a recovery phase after being hit by a strong earthquake measuring 6.4 on the Richter scale on November 3, resulting in casualties and significant damage. India has dispatched an urgent assistance bundle, which includes medical supplies, aid materials, and other resources, to assist those impacted by the 6.4 magnitude earthquake. The powerful earthquake, which also shook New Delhi and some areas in northern India, caused 157 fatalities and numerous injuries in Nepal. Taking on the role of the initial aid provider, India sent necessary medicines and relief supplies to help the communities affected by the earthquake. The External Affairs Minister, S Jaishankar, stated that this quick reaction is in line with Prime Minister Narendra Modi's Neighbourhood First Policy, highlighting India's dedication to assisting its neighboring countries during difficult times. India dispatched the fourth installment of aid for earthquake relief to Nepal on Monday. The assistance primarily consisted of crucial medical supplies. According to an official statement, the assistance provided includes essential medicines and equipment, and is based on the needs communicated by the Nepal Medical Association. India has sent more than 34 tonnes of emergency relief supplies to Nepal in response to the earthquake that occurred in Jajarkot and nearby areas on November 3.

https://www.pratidintime.com/world/earthquake-of-magnitude-45-rocks-nepal

Funding will accelerate expansion of platform functionality, expand go-to-market and insurance capacity for modern MGA Converge Insurance, pioneers in advanced cyber risk management and underwriting, today announced $15 million in Series A funding from Forgepoint Capital. Forgepoint Managing Directors Don Dixon and Andrew McClure have joined the company's Board of Directors as part of the financing. In 2021, 61% of small to medium-sized businesses (SMBs) were the target of a cyberattack. Meanwhile, 60% of SMBs go out of business within 6 months after an attack occurs. Unfortunately, the vast majority of SMBs lack cyber insurance and adequate cyber protection due to cost, inaccessibility and limited IT resources. Converge is a modern managing general agent (MGA) that fuses cyber insurance, security, and technology to address this critical need. By deploying a proprietary data ecosystem underpinned by expert underwriting, Converge provides precise cyber risk solutions that deliver improved outcomes for its customers, starting with SMBs. Tom Kang has been appointed as CEO of Converge Insurance as part of the financing round, which closed last week. "Our mission is to empower policyholders with radically transparent cyber insurance so they can manage technology risks more intelligently," said Kang. "We're thrilled to partner with the team at Forgepoint Capital, who uniquely understand the needs and opportunities of this burgeoning market. This funding will enable us to expand our outreach and grow our bench of in-house experts while accelerating the availability of the Converge platform worldwide." Last week, leading global insurer QBE North America announced the launch of a cyber insurance program with Converge acting as program administrator, the first of many partnerships as the company scales. "Converge is the latest company in our investment strategy to reinvent cyber insurance and risk management," said Dixon. "We couldn't be prouder of the seasoned team assembled at Converge and the progress they have achieved in such a short amount of time with their unique cyber underwriting model." Forgepoint has backed other leading brands in the cyber insurance market, including risk analytics leader CyberCube Analytics, incident response firm Surefire Cyber, and managed security service provider SolCyber. Converge is the third company incubated at Forgepoint to focus on the cyber insurance market. Kang, a licensed attorney who was elevated to CEO from his prior role as Chief Insurance Officer at Converge, is an expert in the cyber insurance industry. He has held several senior leadership roles specializing in high exposure cyber product strategies and solutions, consulting, business intelligence and data for global organizations. Prior to Converge, Kang was Head of Cyber, Tech and Media at Allianz Global, Global Cyber Product Leader at Willis Towers Watson, Enterprise Lead for Cyber Liability at The Hartford, and Assistant Vice President, Director of Claims and Services at ACE Group. "Converge combines a proprietary data ecosystem, expert underwriting from a world-class team and a powerful platform with a results-driven approach designed to mitigate risk," said McClure. "What they have been building is truly world-class and will change the game for an industry in dire need of modernization. I am excited to work with Tom Kang to lead the company forward together with this team and for the platform to make its global debut." Joining Kang on the Converge team are several other seasoned leaders who bring extensive experience spanning cyber insurance, underwriting and software development to continue to accelerate the organization's growth plans. The company has also added multi-time CEO and experienced company builder Tom Kelly to the Board of Directors. Global Holdings CEO Steve Petrevski is also on the company's Board of Directors. Converge co-founder and former Forgepoint Entrepreneur-In-Residence Anthony Dagostino will remain an advisor to the company during the transition. About Converge Converge is a modern managing general agent (MGA) that fuses cyber insurance, security and technology to provide businesses with clear and confident cyber protection. By deploying a proprietary data ecosystem underpinned by expert underwriting, Converge provides risk solutions that deliver high-value strategies with improved outcomes. Converge's philosophy is that insurance needs the right elements and personalized approach to mitigate risk. By partnering with its policyholders, Converge precisely formulates their business needs so they can confidently become cyber secure. Converge is headquartered in New York and operates across the U.S. Learn more at convergeins.com. About Forgepoint Capital Forgepoint Capital is a leading cybersecurity venture capital firm that invests in transformative companies protecting the digital future. Forgepoint is the most active sector-focused firm in cybersecurity and infrastructure software, with $1B+ AUM, the largest dedicated investment team, and portfolio of nearly 40 companies. The firm brings over 100 years of proven company-building experience and its Advisory Council of more than 80 industry leaders to support entrepreneurs advancing innovation globally. Founded in 2015, Forgepoint is proud to partner with category-defining companies such as 1Kosmos, Area 1 Security (Cloudflare), Attivo Networks (SentinelOne), BehavioSec (RELX), Bishop Fox, Converge, CyberCube, Huntress, IDX (ZFOX), Noname Security, NowSecure, ReversingLabs, SPHERE, Uptycs and more as they reach their market potential. Learn more at https://forgepointcap.com. Does your company have business or financial goals? If your company has business or financial objectives, check out: Business Connect Insider’s AI Connect Marketing Program. Business Connect Insider is a program of FC Global Strategies. To speak with someone right away: North America and global Jeffrey Friedland (Based in the US) +1 646 450 8909 The Middle East, North Africa and Eastern Europe David Kanarvogel (Based in Israel) +972 50 974 3429 Southeast Asia, Asia Pacific, Australia and New Zealand Ross Swan (Based in Singapore) +65 9181 9472 Claudio Hebling (Based in Brazil) +55 19 9937 7 7482 To schedule a complimentary call to discuss your company's business and financial objectives, click here.

https://www.businessconnectinsider.com/post/converge-insurance-receives-15-million-investment-from-forgepoint-capital

The suite provides financial fidelity insurance solutions that complement a financial institution's management and professional liability program. PRODUCTS: Financial Institution Bond for Banks; Financial Institution Bond for Insurance Companies; Financial Institution Bond for Broker-Dealers; Financial Institution Bond for Investment Companies; and Financial Institution Bond for Fiduciaries of ERISA Plans. COMPANIES: Federal Insurance Company; Chubb Insurance Company of New Jersey (New Jersey domiciled risks only); Chubb Custom Insurance Company (surplus lines only). BEST RATING: A++ AVAILABILITY: Appointed agents and brokers only. FOCUS: Chubb has introduced five new fidelity bonds to modernize its product suite of Financial Institution Bonds. The suite has been designed to provide financial fidelity insurance solutions that complement a financial institution's management and professional liability program. Chubb is the largest underwriter of fidelity in North America according to the Surety and Fidelity Association of America, a position held since 2001. COVERAGE DETAILS: Each bond is designed to address the increased operational risk faced by financial institutions from a host of emerging risks, as well as regulatory and compliance requirements. In addition to traditional exposures like employee dishonesty, the suite addresses the increasingly frequent risks financial institutions face, including the theft of funds caused by unauthorized access into the firm's computer system, fraudulent funds transfer instructions, and the social engineering of customers, executives and vendors. “Financial institutions need modernized insurance coverage to address a range of risks associated with sophisticated computer, funds transfer, and social engineering fraud schemes," said Ayo Oshodi, vice president, fidelity product manager, Chubb North America Financial Lines. “Our new and updated fidelity products address these needs by combining time-tested fidelity bond coverage with contemporary coverage to produce a robust financial fidelity insurance solution that complements a financial institution's management and professional liability program." Coverage highlights include the following: - Financial Institution Bond for Banks: Provides an updated and modernized banker's blanket bond that keeps the 21st century financial fidelity risk concerns of banks and non-depository financial institutions at its forefront. - Financial Institution Bond for Insurance Companies: Provides insurance companies with a straightforward financial fidelity insurance solution for their complex financial and regulatory risks. - Financial Institution Bond for Broker-Dealers: Provides fidelity bond coverage to entities registered as broker-dealers in accordance with the fidelity bonding requirements set forth under FINRA Rule 4360. There is no aggregate limit of liability applicable to mandated coverage and the ability to include optional coverages, including computer system fraud, fraudulent funds transfer and social engineering fraud. - Financial Institution Bond for Investment Companies: Serves registered investment companies by providing coverage for loss resulting from larceny or embezzlement by employees as required by the Rules and Regulations of the Investment Company Act of 1940 (Rule 17g-1). Coverage limits meet the minimum required pursuant to Rule 17g-1 with no reporting requirement. - Financial Institution Bond for Fiduciaries of ERISA Plans: Provides coverage to insured Employee Retirement Income Security Act (ERISA) plans for losses resulting from fraud or dishonesty committed by a covered employee of the fiduciary, as set forth in the bonding requirements of the ERISA. TARGET: Chubb's Bank Bond targets commercial banks, trust companies and finance companies. Chubb's Insurance Company Bond targets property-casualty insurers; life, health, and annuities insurers; and reinsurers of all types. COVERAGE TERRITORY: Chubb offers Fidelity Bonding coverage to customers domiciled in the U.S. and Canada, responding to loss sustained anywhere in the world. COVERAGE AVAILABILITY: Currently available in most U.S. states and Washington, D.C., on an admitted basis. CONTACT: Ayo Oshodi, vice president, fidelity product manager, Chubb North America Financial Lines; 212-801-4250. Will Jones is IA editor-in-chief.

https://www.iamagazine.com/markets/chubb-introduces-next-generation-suite-of-financial-institution-bonds

In a no holds barred rejection of the new motor insurance that commenced January 1,2023, the Insurance Consumers Association of Nigeria (INSCAN) said the new 3rd party insurance premium is at variance with some of the works commissioned by the National Insurance Commission (NAICOM) which recommended phased increase of 3rd party motor insurance premium. The letter by INSCAN National Coordinator, Chief Yemi Soladoye, titled, “Demand for reversal of your policy directive on the increase of 3rd party motor insurance premium in Nigeria by 200% under one (1) week notice to the Nigeria insurance consumers,” noted that the phased increase required a staggered increase first to N7,500 and subsequently to N10,000, N12,500 and ultimately to N15,000 within a ten year period. Soladoye outlined that the recommendation was not limited to premium increase, but there was a mandate to NAICOM in 2012 to include in the process initiatives that will ensure, “The emergence of high level confidence in insurance mechanism in Nigeria to the extent that by the year 2012, mere exchange of insurance papers will resolve any accident/damage dispute among Nigerian motorists.” However, he said only the benefits were taken and he asks “Why take only the benefit and ignore the responsibility that is already 10 years overdue on your part.” The Nigerian Corporation of Registered Insurance Brokers (NCRIB) which actively participated in the prolonged process of announcing the new motor 3rd party insurance premium and may be not at the point of arriving at the N15,000.00 premium, has assigned the diagnosis of the new rate to its technical committee to take a position. Businesspost gathered that the Technical Committee are already sitting and would pass their recommendations to the Council of NCRIB for further deliberations at which point the NCRIB would present their position. INSCAN which claimed to be representing almost 20 million motor insurance consumers in Nigeria said consumers deserve more than one (1) week notice. “We are not impressed by your corresponding increase in the indemnity limit to N3.0m etc as the questions on the on the lips of our members are – 1) who requested for this increase to N3.0m. 2) How many claims have you really settled even when the limit was N1.0m. 3) Are you aware that many fleet owners on their own volition do pay extra premium to the underwriters to increase their TPPD limit to N5.0m and 4) Where are the insurance ratios to justify that premium increase by whooping 200%. “You are definitely aware of the fact that even at the current N5000 MTP premium, many Nigerians still patronise the fake underwriters and this is not because Nigerians cannot afford the N5000 but because they don’t see any benefit be it under your genuine or the fake cover,” he stated.

https://www.businesspost.com.ng/insurance/insurance-consumers-lobby-oppose-new-motor-tariff-brokers-assign-diagnosis-to-technical-committee/

It's very likely that you have seen dashcams reported in the news, on crime programs, and across social media. Their popularity has grown immensely in recent years and it is expected that their North American market value will increase from around $67.2 million today to close to $170 million by 2026. A dashcam, or dashboard camera, is a small camera mounted on a vehicle's dashboard, allowing motorists to record video footage while on the move. They are highly useful for recording accidents, determining fault, and more. If you are considering purchasing dashcams for your fleet, this blog post is for you. Here, we will highlight the primary benefits of having dashcam film. Let's get started. Your Very Own Eyewitness If you have been involved in an accident that wasn't your fault, it's reasonable to seek justice and compensation from the at-fault party. Dashcam footage can play a central role in determining fault and indicating to the courts what exactly occurred in the build-up to, and at the moment of, an accident. When you are dealing with the police, insurance companies, and attorneys, having dashcam film of the accident can be hugely beneficial. Effectively, a dashcam can serve as your very own eyewitness. Greater Protection Following an Accident In some cases, another party may seek to recoup damages following an accident that they claim you were the cause of. Dashcam film can help to exonerate drivers who have been falsely accused by another party. Additional Security Many dashcams also feature GPS camera functionality for added security and peace of mind. This is advantageous for professional fleet management (to monitor drivers on the road), while also increasing the likelihood of finding and recovering a stolen vehicle. Lower Insurance Premiums Another benefit of installing a dashcam on your vehicle is the discount you can receive from insurance companies. By being able to provide evidence that you were not at fault in an accident, you will be able to avoid any hikes to your current premium. With a dashcam, you can: \tSpeed up the claims process \tProtect against insurance fraud \tPrevent accidents from occurring Many drivers state that they are more self-aware of their driving and driving habits when a dashcam has been installed in their vehicle. If you are keen to improve safe driving within your company, dashcams are highly recommended. Understanding the Benefits of Having Dashcam Film For better fleet management, dashcams are considered an excellent investment. They allow you to keep track of what is happening on the road and dashcam film can be highly beneficial following an accident. Modern dash cams utilize high-quality footage and unlimited recording/storage. If you are looking for a way to improve safety, reduce claims, and lower insurance premiums, now is the time to invest in a dashcam. Check out our selection of the best dashcams right here and choose the right one for your fleet.

https://tracknetonline.com/the-benefits-of-having-dashcam-film-a-closer-look/

BSP Life PNG Rewards Top Performing Insurance Agents BSP Life PNG has rewarded 5 of its top performing Sales Agents during its 2022 Annual Sales Awards Night in Port Moresby. BSP Life PNG is proud to recognise the outstanding effort of its high-performing life insurance agents. The Annual Sales Award recognises and appreciates the Agents for their outstanding sales performance and dedication towards achieving targets during the year. The agents have displayed a strong commitment to their customers, providing them with exceptional support and service during times of need. They have also demonstrated an unwavering commitment to their work, consistently going above and beyond to exceed expectations and achieve exceptional results. Nagi Towedori from the Lae Sales Team walked away as the Sales Agent of the year by delivering 231 policies with Annual Premium of K346,400 while Valentine Morububuna of NCD claimed the 2nd prize for delivering 189 policies with Annual Premium of K210,200. Elizabeth Messie of NCD earned the 3rd prize with Annual Premium of K200,700, Maryanne Loia received the 4th prize with Annual Premium of K161,400 while Raeleen Wesley received the 5th prize with Annual Premium of K145,300. Commenting on the achievements, BSP Life PNG Country Manager Nilson Singh said, “We are proud of our outstanding sales professionals who have delivered impeccable results in 2022. Despite a busy and challenging year, our agents persevered and delivered a much better performance than 2021.” “With the lack of awareness on benefits of life insurance and savings culture in PNG, selling life insurance in PNG is challenging. Large part of the sales process involves educating customers on the importance of life insurance, especially if you are the breadwinner in the family, and how our customers can save through the Wantok Delite insurance product. So congratulations to all our sales agents who put in a lot of effort to sell our endowment insurance product,” said Mr. Singh He added that, “the Annual Sales Awards Night allows us to recognize trailblazers who have exemplified standards of integrity, loyalty, hard work, teamwork, and commitment to ensure our targets are met and customers are provided with the best value offering. We are the youngest sales teams in the industry, being established in 2018, and many of our agents have been able to achieve their potential within a very short period of time, thus, positioning us as a progressive organisation that goes beyond just banking operations.” Mr. Singh also highlighted that, in 2022, BSP Life PNG sold 1,617 Wantok Delite policies with Annual Premium of K3.6m. This was 80% above on policy count and 83% above on Annual Premium basis, compared to 2021, which is an outstanding result. The inforce position on policy count as at 31 Dec 2022 was 2,650 policies with Annual Premium of K6.0m, a staggering 93% increase on policy count and Annual Premium basis, again an outstanding result. BSP Life PNG has been operating in the country for five years now offering various Life Insurance products since its inception. Recently, establishing its third sales office in Mt Hagen with Port Moresby being the first sales unit in 2020 and Lae Sales unit in 2021. The business is eyeing Kokopo, East New Britain as part of its geographical expansion in 2023. The award winning agent from Lae Nagi Towedori from the Lae Sales with BSP Group CEO Mark T. Robinson (Right) and BSP Life PNG COuntry Manager Nilson Singh (left). Third place winning agent from Boroko sales unit Elizabeth Messie with BSP Group CEO Mark T. Robinson (Right) and BSP Life PNG COuntry Manager Nilson Singh (left).

https://www.bsplife.com.pg/bsp-life-png-rewards-top-performing-insurance-agents/

3 Asian InsurTech companies to watch out for in 2022 The InsurTech ecosystem in Asia is relatively smaller as compared to that in Europe and North America. However, the InsurTech industry in Asia has witnessed a significant boom in 2020. According to Venture Scanner, Asia’s largest InsurTech hub is Singapore, followed by Indian cities Mumbai and Gurgaon. Business-friendly conditions in these Asian cities is the main factor for growth of the industry. Furthermore, what has played a major role in contributing towards the development of the industry in Asia is the use of advanced technology, IoT and big data. Going forward, here are some of the InsurTech companies that are disrupting Asia’s insurance industry- Acko: Founded in 2016, Acko is an Indian fully digital general insurance company. It provides personalised pricing to customers through deep-data analytics and studies customers’ interaction patterns and behaviours and accordingly suggests insurance products. The company is backed by Amazon, Accel, Catamaran Ventures, SAIF Partners, Swiss Re Transamerica Ventures among other seasoned investors. According to the company it insured over 40 million Indians, acquiring 8% of the car insurance policies bought online in India. It also introduced Ola Ride Insurance for lost baggage, laptops, missed flights, accidental medical expenses, and ambulance transportation cover. PolicyStreet: Malaysia-based PolicyStreet is an InsurTech company that provides insurance and healthcare through tech. The company was set up to make insurance accessible and affordable for Malaysia, where 45% of the population do not have an insurance cover. PolicyStreet aims to democratise the insurance industry by making insurance fun and appealing to the millennials. The company offers business insurance, life insurance, medical insurance, motor insurance, pet insurance, and travel insurance. Its insurance is commission-free, and it gives rebates on the part of its popular plans. Singlife with Aviva: Singlife with Aviva, a life insurance company licensed by the Monetary Authority of Singapore to caters to the protection, savings, investment, retirement, and lifestyle needs of Singaporeans across all walks of life. The InsurTech company offers affordable term life insurance, critical illness and cancer plans. Its protection solutions are available to the retail segment both digitally and through financial advisers. In addition, Singlife with Aviva also offers universal life solutions to high-net-worth clients. *The original article : 3 Asian InsurTech companies to watch out for in 2022 | Insurtech Insights

https://www.policystreet.com/3-asian-insurtech-companies-to-watch-out-for-in-2022/

Sharad Agarwal is the Chief Metaverse Officer of Cyber Gear. He started the first digital agency in the Middle East, Cyber Gear at cyber-gear.com in 1996. In 2010, Cyber Gear started offering AI, Big data and other Fourth Industrial revolution technologies at cyber-gear.ai. In 2019, Sharad launched ONLYwebinars.com, which hosts corporate and community webinars and podcasts (ONLYpodcasts.io) for a global audience. Cyber Gear entered the metaverse space in 2021 and is offering solutions in the areas of Web3 and NFTs at cyber-gear.io. Sharad’s latest ventures are Meta Shapers community at meta-shapers.com, and Meet the Metapreneur at meetthemetapreneur.com. Sharad has interviewed impact leaders, Vishen Lakhiani, Founder of Mindvalley and Dalia Feldheim, author of ‘Dare To Lead Like A Girl’ at impactleaders.io. Sharad joined the World’s Top 200 Business & Technology Innovators Powerlist announced by engatica. Sharad is also a Speaker at many international conferences on topics related to Metaverse and Web3. Learn more about your ad choices. Visit Megaphone

https://gordonglenister.com/top-metaverse-influencer-unveils-what-the-metaverse-really-is/

Researchers reproduce mechanism of slow earthquakes Up until now catching lightning in a bottle has been easier than reproducing a range of earthquakes in the laboratory, according to a team of seismologists who can now duplicate the range of fault slip modes found during earthquakes, quiet periods and slow earthquakes. "We were never able to make slow stick slip happen in the laboratory," said Christopher Marone, professor of geosciences, Penn State. "Our ability to systematically control stick velocity starts with this paper." The research, led by John Leeman, Ph.D. candidate in geoscience and including Marone, Demian Saffer, professor of geosciences at Penn State and Marco Scuderi, a former Ph.D. student in geosciences now at Sapienza Università di Roma, Italy, recreated the forces and motion required to generate slow earthquakes in the laboratory using ground quartz and a machine that can apply pressure on the materials altering stresses and other parameters to understand frictional processes. "While regular earthquakes are catastrophic events with rupture velocities governed by elastic wave speed, the processes that underlie slow fault slip phenomena, including recent discoveries of tremor, slow-slip and low-frequency earthquakes, are less understood," the researchers report in today's (Mar. 30) issue of Nature Communications. Catastrophic earthquakes, the kind that destroy buildings and send people scurrying for doorways and safe locations, are caused when two tectonic plates that are sliding in opposite directions stick and then slip suddenly, releasing a large amount of energy, creating tremors and sometimes causing destruction. Along regions of faults that do not produce earthquakes, the two sides of the fault slowly slip past each other in a stable fashion. Slow earthquakes occur somewhere between the stable regime and fast stick slip. Regular earthquakes take place rapidly, while slow earthquakes occur on time scales that may range up to months. They can be as large as magnitude 7 or more and may be precursors to regular earthquakes. However, slow earthquakes propagate slowly and do not produce high-frequency seismic energy. They exist in the regime between stable slipping and regular earthquakes. The researchers applied stress perpendicular to the direction of shear and then applied forces to shear the ground quartz. By altering the amount of stress placed in the perpendicular direction, they could achieve the audible crack of a regular earthquake, stable slippage and a wide range of slip-stick behaviors including slow earthquake. "What's really cool about this is that nobody has been able to systematically produce a slow earthquake, stable sticking, the whole range between a slow and fast earthquake," said Marone. Journal information: Nature Communications Provided by Pennsylvania State University

https://phys.org/news/2016-03-mechanism-earthquakes.html?ref=riskmarketnews.com

28.06.2018. A Working Group on Forest Fires in Open Marantaceae Forests was launched by Interholco in early 2016, to see how best to address the impact of extreme drought and fire on open canopy Marantaceae forests located in the Forest Management Unit (FMU) that the company manages in the Republic of Congo. In agreement with the local communities, Interholco established a ‘Procedure for fire-risk prevention and management in FMU Ngombé’, to reduce fire risk, increase monitoring efficiency of fire-prone areas and thus ensure the safety and protection of people, wildlife and forest values and services. Interholco’s procedure relies on monitoring flights covering the entire surface of the FMU, as part of the PROGEPP wildlife protection project. In addition, contacts have been established with the WRI/UMD Glad research institute in order to receive regular monitoring by satellite images. Integral to the procedure are awareness-raising activities in the concerned villages/communities, in order to alert them to the danger of spreading forest fires, coupled with safety training in case of a fire emergency. Whilst no fire hotspots were detected in 2017, well over 100 meetings were carried out at regular intervals with local communities and indigenous peoples and awareness-raising was provided particularly to villages located in close proximity to fire-prone areas, such as open Marantaceae forests. UMD Glad Alerts and WRI Global Forest Watch provide robust new tools to monitor forest loss and fire incidences, which in view of climate change, might become more relevant also in the relatively humid Central African forests.

https://www.interholco.com/en/news-interholco/19-company-2018/91-monitoring-of-the-open-marantaceae-forests-in-northern-congo-to-understand-their-origins-and-dynamics

Michael Jin on Unsplash. Insurtech Tractable points its computer vision at the Polish market Poland's largest insurer PZU to streamline its car insurance approvals with Tractable's AI. Imagine having a car insurance claim verified in minutes, not months. That’s the tangible reality of Tractable, an insurtech provider whose AI can inspect car damage photos for insurers and either flag or help approve payouts without a lengthy human inspection. Tractable today signed up Poland's largest insurer to its system to streamline all of its motor claims, 20 per cent of which would previously have required inspection post-repair. The new system means PZU can now inspect repairs done by body shops to its customers' vehicles instantly and remotely, with the body shops just uploading photos of the repairs. PZU has been quietly using Tractable’s tech since 2018 to handle over 150,000 claims, before formally announcing the partnership today. “It’s been incredible to see how PZU, one of the most respected companies in Poland, has deployed our cutting-edge solution on a large scale,” said Tractable’s co-founder and president Adrien Cohen. “This proves PZU’s dedication to innovation and placing it amongst the most advanced insurers in the world. Our solution gives PZU control over 100 per cent of its repairs and claims, all in real time, thanks to the speed and reach of AI.” To-date Tractable’s tech has now processed over $1bn in auto claims across the insurers it works with, including Ageas UK and Covéa in France, assessing damage, recommending repaid operations and getting instant decisions and faster payouts for customers.

https://www.altfi.com/article/7309_insurtech-tractable-points-its-computer-vision-at-the-polish-market

National Rain-Coverage Holiday Happy February 10th, otherwise known as National Umbrella Day! Today is the official day designated to pay tribute to that handy apparatus that keeps us dry during the rain (and snow!) while shading us from the sun in hot weather and deflecting light away from us during professional photo sessions. The umbrella is made of a wide array of fabrics, shapes, prints, sizes and colors. Likewise, umbrella handles are made from a variety of materials, including wood, ivory and plastic and fashioned into differing images and shapes. Join us at PRIME Insurance Agency as we commemorate the day by highlighting some interesting facts and insights about this indispensable tool! Did you know? - The name umbrella is derived from the Latin ‘umbra’ – implying shade - The British/New Zealand/Australia/ S America slang word for umbrella is ‘brolly’ - In the late 1800s, the elegant word for umbrella was ‘bumbershoot’ - The original umbrella was created more than 4,000 years ago - Credit for rain coverage goes to the ancient Chinese who used wax and lacquer to waterproof their paper umbrellas - The very first store to feature umbrellas was the James Smith & Sons shop, established in 1830 in London, England - The mini-umbrella was presented to the public by H. Haupt - In 1830, the Cincinatti, Ohio Totes Company patented the original compactable umbrella - The ‘umbrella-styled’ hat was the fashionable rage as early as the beginning of the 1800s until most recent times in the late 1980s - Superstition dictates that if you open an umbrella indoors, you will incur bad luck - Mini umbrella toothpicks are used as an added decorative touch in food presentation As a leading provider of all forms of insurance, including NJ general liability insurance, auto insurance, homeowners insurance, renters insurance, business insurance and the all-comprehensive umbrella insurance, PRIME Insurance is delighted to bring you this fact sheet about National Umbrella Day! Visit us online at http://www.primeins.com/, email us at PRIME [at] primeins [dot] com or call us directly at 732-886-5751 and discover PRIME’s excellent insurance policies at competitively lowest quotes. Summary: Here, at PRIME Insurance Agency, the word umbrella has always meant a form of superior insurance coverage. Join us we highlight the National Umbrella Day in tribute to the indispensable everyday device used to protect us from the rain and shine!

https://www.primeins.com/insurance-news/umbrella-day-what-it-is-and-how-to-celebrate

Bermuda-based re/insurer, Aspen Insurance coverage Holdings Restricted, has introduced the appointment of Bobby Bianconi as World Head of Cyber. In his new position, based mostly in Connecticut, Bianconi will lead Aspen’s World Cyber underwriting workforce, overseeing its underwriting technique and danger administration capabilities. He may also keep oversight of Aspen’s not too long ago enhanced Cyber Danger Platform which gives progressive pre-incident providers to main insureds globally. Bianconi has been with Aspen since 2016 and brings over a decade of devoted underwriting expertise. He began within the firm as Assistant Vice President – Cyber Underwriting earlier than turning into Vice President of Cyber and later Head of US Cyber, his most up-to-date position. Previous to becoming a member of Aspen, he led the Cyber portfolio for the Western United States at Allied World. Bobby has additionally held underwriting positions at HCC Specialty and Valiant. Commenting on his appointment, Bianconi mentioned: “I’m delighted to imagine the position of World Head of Cyber at a time when the enterprise is demonstrating its potential and delivering sturdy efficiency. “The cyber insurance coverage market continues to evolve dynamically and, alongside our workforce of specialists, we are going to proceed to ship best-in-class service to our purchasers.” Justin Camara, Govt Vice President, Portfolio Director, FinPro mentioned: “Bobby is an business veteran with deep experience in cyber insurance coverage merchandise and the underlying fields of privateness, community safety and expertise legal responsibility and his appointment enhances Aspen’s market fame as a number one Cyber franchise. We look ahead to the insights and depth of data that Bobby will proceed to usher in his elevated position.”

https://insurancequotesfl.net/aspen-names-bobby-bianconi-world-head-of-cyber/

27 UK InsurTech Startups Made the Top 50 in Europe Insurtech Insights and their partner Sønr revealed the Future50 Europe ranking. The carefully curated list contains 50 of the most innovative early-stage InsurTechs that are disrupting the insurance industry in Europe. The insurance industry used to lag behind almost every industry in innovation, digitisation and customer satisfaction for a certain period, but now, it’s their time to bloom and lead the startup ecosystem. They are responsible for some of the most exciting digital transformations in the European tech boom lately. The UK insurtech startups performed exceptionally well in the rankings. It’s safe to say that they dominated the list by occupying 27 of the ranks out of 50. So here are the top insurtech startups in Europe that are from the UK. - Broker Insights - Claim Technology - Collective Benefits - Envelop Risk - Global Parametrics - Luther Systems - Oasis LMF - Qlaims Ltd - Supercede (formerly Riskbook) - (formerly Digital Risks) Following the footsteps of the rapid progress in the FinTech industry, InsurTechs in Europe transforming the world of insurance with their creative and user-centric approach. Insurtech Insights compiled the most popular trends in the industry and why InsurTech’s model of “customer first, technology (a very close) second” started taking the industry by storm. Disrupted Distribution Techniques Competition for consumer attention has never been more intense, and insurers increasingly have to meet consumers wherever they are. The days of expecting customers to buy, renew and repeat without scrutiny are long gone. Now, insurtechs are experimenting with distribution techniques to make insurance feel like a product rather than a tax. Don’t Pay for What You Don’t Need The odds that your car has been sitting in the garage for much of the last 18 months is extremely high—well, because of the pandemic. As a result, customers across the board have found themselves paying premiums for unused policies and over-insured risks. There has been a trend towards insurers mobilising telematics and data analytics to enable usage-based insurance policies. For example, some InsurTech companies in auto insurance have started to calculate personalised risk assessments based on how much time a car spends on the road and a thorough analysis of driving behaviour. Discovering Untapped Opportunities The insurance industry has often been notorious for arbitrary exclusions and not meeting the needs of underserved consumers. However, disruptors in the industry, especially with life and health lines, are changing that. Disrupting sleepy parts of the industry, and serving the underserved, has become central to the emerging insurance revolution. YuLife, one of the 27 UK startups that ranked in the 6th place on the list, has seen massive growth in the past year. Their gamification of life insurance engages younger consumers in innovative ways and reinforces the value proposition of life insurance for a new generation. Insuring a World in Transformation The human effect in climate change is widely accepted and present increasingly visible danger to the world. The implications for the insurance industry are profound. Catastrophe management and climate underwriting are more in the centre of several consumer and commercial lines as we enter an era of recurring climate risks. InsurTechs have entered the market set on modernising risk assessments to match these risks. They use data analytics and sophisticated parametric underwriting to empower their partners to understand highly localised region-specific risks better. Mental Health in the Era of the “New Normal” Wellness and wellbeing have been brought more sharply into focus by the pandemic. In 2020, McKinsey found that 17% of Europeans feel lonely “most or all of the time.” It shows that the impact of a decline in mental health is being felt across the healthcare ecosystem. This shift towards increased customer engagement and touchpoints marks a fundamental development for the insurer & consumer relationships: from the purely transactional to a partnership. The pandemic has heightened the urgency for insurers to focus on wellness and wellbeing around the health and lifelines of insurance. Serious claims can be prevented by interventions by insurers early on, and health and life insurers are more incentivised than ever to promote healthier behaviours among their customers. Thrive Therapeutic Software, a UK startup that occupied the 32nd spot on Insurtech Insights’ Future50 rankings, puts employee mental health at the heart of their proposition, designed to prevent, screen and manage mental health conditions for employees.

https://startupsoflondon.com/27-uk-insurtech-startups-made-the-top-50-in-europe/

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips. To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words. To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”. Coverdash Inc., a New York-based digital insurance agency, said Monday it has launched after raising its seed financing in a round led by Bling Capital, a San Francisco-based venture capital firm. The startup enables e-commerce merchants, gig workers and other business owners to obtain commercial insurance quotes online and is backed by several insurers and longtime insurance industry executives. Angel investors include Greg Hendrick, CEO of Vantage Group Holdings Ltd.; Garrett Koehn, president of CRC Group; and Steve Shenfeld, chairman of MidOcean Credit Partners. Other investors include Axis Digital Ventures, a unit of Bermuda-based insurer Axis Insurance Holdings Ltd.; Tokio Marine Future Fund, a unit of Japanese insurer Tokio Marine Holdings Inc.; New York-based Expansion Venture Capital LLC and Oklahoma City-based Cameron Ventures. Coverdash lists 14 insurer partners on its website and coverages include liability, property, workers compensation and cyber. The startup, which is live in 50 states, aims to simplify the process of buying and managing coverage for business owners, according to a statement.

https://www.businessinsurance.com/article/20230123/NEWS06/912355040/Digital-insurance-agency-Coverdash-launches-after-seed-financing-round-

Transition is underway at Octane Lending. Ray Duggins is stepping out of his chief risk officer role and into a company advisor position. Mark Molnar succeeds Duggins. Octane CEO and co-founder Jason Guss said, “Thanks to Ray’s tireless efforts, Octane benefits from cutting-edge risk models, strong credit performance and a team of exceedingly smart and talented Risk professionals. I am grateful for Ray’s leadership and friendship and am happy that he will continue to support Octane as an advisor.” Duggins joined Octane in 2016 as an advisor. At the time, he was the company’s only risk employee. Duggins cultivated a risk team at Octane. He oversaw the launch of programs such as Octane’s in-house lender Roadrunner Financial, in-house servicing arm Roadrunner Account Services and the company’s proprietary risk model. Under his leadership, Octane earned an AAA rating on the senior class of notes of its asset-backed securitization. Duggins said, “I am most proud of nurturing and promoting the next generation of risk leaders, particularly the deep bench of risk talent that I am leaving in Mark’s capable hands. I look forward to seeing their future achievements.” Molnar will oversee all Octane’s risk divisions, including credit, enterprise, compliance, collections, strategy and operating efficiencies. He will be responsible for strengthening the company’s risk department as Octane expands into new markets. Molnar enters Octane with 30 years of credit experience at banks and fintech companies. Molnar oversaw the PayPal corporate risk controls and global operations teams for five years and held chief risk officer roles during his 16-year Citibank tenure. Earlier in his career, Molnar served as BankOne’s senior vice president of credit policy and decision management and Chase’s vice president of credit risk management. Guss said, “Mark’s wealth of experience and considerable success navigating various economic credit cycles make him the perfect risk leader to help us position Octane for continued growth and success.”

https://www.rvnews.com/octane-risk-department-leadership-changes/

TL;DR: CyberBrokers has launched the Mech Assembly, a web-based platform that allows users to create personalized Mechs with over 17.5 billion possible configurations. The Mech Assembly sets a new standard in interoperability and showcases the growing potential of NFTs in the open metaverse. CyberBrokers Genesis Mechs were created by Josie Bellini, and the journey to this point began with a series of “Quests” held between April and October 2022. Step into the Snap Shack and let S.N.A.P. (that stands for Super Nice Assembly Processor) help you Assemble the Mech of your dreams! CyberBrokers has announced the launch of their Mech Assembly, a new web-based platform that allows users to create their own personalized Mech. The Mech Assembly is an immersive creation process that provides users with over 17.5 billion possible Mech configurations to choose from. CyberBrokers Genesis Mechs were created by cryptoartist Josie Bellini, and the journey to this point began with a series of six web-based community puzzle-solving events called “Quests,” held monthly from April to October 2022. Participants collected up to 70,000 mech part NFTs, which they can now use to assemble, customize, and mint their personalized Mechs. The Mech Assembly platform offers users the ability to create unique, downloadable Cyberbrokers Genesis Mechs that set a new standard in interoperability and showcase the growing potential of NFTs in the open metaverse. Once a Genesis Mech is assembled or purchased, users can use their 3D asset to engage in diverse applications across animation, XR, and gaming. The Mech Assembly platform provides numerous customization options, including the ability to select the parts users would like to use to build their Mech, using the color picker to customize their Mech with any color, and selecting a unique name from thousands of possible name combos. Holders can access The Snap Shack (snap.cyberbrokers.com) to start building their Mech. Additionally, Cyberbrokers has provided a tutorial on how to import, pose, and render Mechs in Blender, as well as a stream of the Mech Assembly Live Party with Glob Studio, Mona, and Nifty Island. The launch of the Mech Assembly platform represents a significant step forward for NFTs in the open metaverse. CyberBrokers has created a platform that provides users with an immersive and highly customizable experience that showcases the vast potential of NFTs. To learn more about CyberBrokers and the Mech Assembly platform, interested users can visit their website, sign up for their newsletter, join their Discord, follow them on Twitter, subscribe to their YouTube channel, or visit their OpenSea profile. The platform is poised to transform the NFT landscape and offer users a new way to engage with the open metaverse. Cyber Brokers Links - Website: https://cyberbrokers.com - Discord: https://discord.gg/cyberbrokers - Twitter: https://twitter.com/CyberBrokers_ - YouTube: https://youtube.com/@CyberBrokers_ - Instagram: https://instagram.com/cyberbrokers - OpenSea: https://opensea.io/category/cyberbrokers-hub

https://www.nftculture.com/nft-news/cyberbrokers-mech-assembly-is-live-a-new-era-for-nfts-in-the-open-metavers/

India has history of fire incidents and temple stampede along with communal riots, first major fire incident was in 1979 at Lakshimki Talkies cinema in Tuticorin of Tamil Nadu. Other worst fire are listed as below along with train fire incidents such as Nellore train fire, Ladhowal train fire and Sabarmati Express due to which the worst communal riots in Indian history has occurred are other worst fire incidents in the country. February 2013 -Kolkata A major fire broke out at a multi-storey market complex in Kolkata in which at least 19 people were killed and over a dozen critically injured. September 2012 -Tamil Nadu A catastrophic explosion in a private fireworks factory at Mudalipatti near Sivakasi in Tamil Nadu claimed lives of 54 while 78 were injured. Uphaar Cinema Fire 1997 -Delhi The Uphaar Cinema fire, occurred on June 13, 1997 at at Uphaar Cinema near Green Park in Delhi. It was the one of the worst fire tragedies in recent Indian history, killing 59 people and 103 were seriously injured. December 2011 -Kolkata In the AMRI hospital of Kolkata 89 people were killed by a hazardous fire and due to suffocation caused by carbon monoxide spread across the hospital premises. September 2005 -Bihar Three illegal firecracker factories in the Khusropur village of Bihar caught fire leading to deaths of 35 people and left 50 injured in September, 2005. April 2006 – Meerut In Brand India Fair at Meerut Victoria Park fire Uttar Pradesh, a major fire broke out and killed 100 people on April 2006. July 2004 -Tamil Nadu In the Sri Krishna Aided Higher Secondary School at Kumbakonam in the Thanjavur District of Tamil Nadu 94 children were dead and many injured.Erwadi fire incident was another worst fire incident in Tamil Nadu. June 2002 -Agra In the Shree Lee International footwear factory of Agra, Uttar Pradesh fire broke out and 42 people were killed on June 26. February 1997 -Odisha In a religious congregation at Baripada Odisha, A calamitous fire broke out in which 206 people were dead and 148 were injured. December 1995 -Haryana The worst of fire incident in the county, Dabwali fire accident occurred on 23 December 1995 at Mandi Dabwali in Haryana. 540 people were killed due to fire caused by an electric generator short-circuited and the stampede.

http://www.walkthroughindia.com/lifestyle/ten-major-and-worst-fire-incidents-in-india/

West Des Moines, IA – Midwest Family Mutual is proud to announce that we have once again been recognized as one of Ward's Top 50 Insurance Companies for the year 2023. This prestigious accolade marks the fifth consecutive year that Midwest Family Mutual has achieved this honor, further solidifying our position as a leading insurance provider in the industry. Ward's Top 50 list is a highly regarded recognition that evaluates insurance companies based on their financial performance, customer satisfaction, and operational efficiency. Being named to this esteemed list for five consecutive years is a testament to Midwest Family Mutual's unwavering commitment to excellence, stability, and exceptional service. This remarkable achievement would not have been possible without the unwavering support and dedication of our independent agents, who play a pivotal role in our success. Their professionalism, expertise, and commitment to delivering outstanding service to our policyholders have set Midwest Family Mutual apart in the marketplace. “Our place in the list of Ward's Top 50 Insurance Companies is a testament to our collective strength, dedication, and unwavering commitment to Policyholders and Agents,” said Aaron Boyd, President and CEO, “It reflects our ongoing commitment to providing exceptional insurance products and superior customer experiences. Despite the recent market challenges, we continue to seek opportunity with an array of personal and commercial product offerings coupled with top notch claims service.” Midwest Family Mutual is a super-regional Property-Casualty insurance carrier that has been conducting business since 1891. The Midwest Family Insurance Group, which includes the wholly owned subsidiary Midwest Family Advantage Insurance Company, offers a range of commercial and personal lines offerings across 24 U.S. States. In 2022, the Midwest Family Insurance Group wrote approximately $249M in direct written premium. MFM writes exclusively with Independent Agents. A full list of Ward’s Top 50 property casualty carriers can be found here:

https://dev.midwestfamily.com/news/midwest-family-mutual-named-to-ward-s-top-50-for-the-fifth-consecutive-year

- The consulting firm has published "The Insurance 2023 Vision" report, a global study that also details the opportunities for growth and innovation that the insurance industry can benefit from. - Accelerating IT transformation, exploring new products, addressing environmental and social considerations are some of the challenges that organisations must face according to this study. NTT DATA, a global leader in digital solutions and IT services, has released the white paper, "The Insurance 2023 Vision", which outlines the needs and challenges of the insurance industry, and aims to help organisations take advantage of the opportunities for growth and innovation that will emerge throughout this year. As explained in the study, the insurance industry is undergoing significant changes in 2023, driven by several factors and five key challenges, which insurers will need to adapt to in order to thrive in a competitive and uncertain landscape. These five challenges are: - Accelerating IT Transformation: Rapid evolution necessitates prioritizing customer experience. Insurers must leverage emerging technologies like AI and automation, integrating APIs to streamline processes and deliver personalized experiences. Embracing innovation and data-driven approaches is vital for meeting evolving customer needs and staying ahead. - Orchestrating the Ecosystem: The insurance industry functions as a complex network, where customer-centricity and adaptation are crucial. Incentivizing collaboration among participants, prioritizing engagement and incentives, connects and converts customers. Regulation, digital transformation, startups, academia, and tech giants shape the ecosystem. - Exploring New Products: While disruption poses challenges, recent shifts offer growth opportunities and improved customer experiences. Insurers must embrace risks, adapt to changing demands, and test new offerings. Insurtechs showcase agility and innovation, integrating insurance into broader solutions. Emerging technologies, like the metaverse, enhance risk assessment and claims processing. - ESG Integration: Environmental, social, and governance factors take center stage. Insurers assess climate risks, promote sustainability, and foster diversity. Transparency and compliance are ensured through robust governance practices. Opportunities arise in net-zero transition, risk transfer, and adaptation services. Addressing talent challenges and aligning with consumer wellness trends is essential. - Managing Unexpected Challenges - Digital Risks/Cybersecurity: Cyber threats pose a significant risk that requires adequate coverage. Bridging the gap between potential financial losses and insurance policies necessitates collaboration among insurers, businesses, policymakers, and cybersecurity experts. Optimizing cybersecurity product design, risk evaluation, and vulnerability pricing is vital. "Smart distribution" emerges as insurers adapt and provide "Insurance as a Service" through efficient channels. Ultimately, the report concludes that the insurance industry is experiencing significant changes and challenges in 2023, driven by global factors such as the health crisis, economic changes and climate risks. Amid these uncertainties, there are opportunities for insurers to thrive by taking key actions. These include accelerating IT transformation, orchestrating the insurance ecosystem, exploring new products, addressing environmental and social considerations, and mitigating digital risks. By adopting these strategies, insurers can leverage data, improve customer experiences, promote sustainability and close the cyber insurance protection gap. These actions are crucial for insurers to adapt and succeed in the changing landscape of 2023. Download the white paper here.

https://benelux.nttdata.com/newsfolder/ntt-data-highlights-five-challenges-facing-the-insurance-industry-in-2023

Introducing the Cyber Finch, a colorful, hyper, and cluttered bird from the Cyberpunk, Antbird, and Finch family. This bird can be found in the epic fantasy and vibrant landscapes of the modern world, specifically in the cyberpunk districts of cities. The Cyber Finch is a magical creature that thrives off of a diet of synthetic energy and human-made technology, but its favorite food is a strange delicacy that only it can enjoy - electric blue ice cream! During mating season, the female Cyber Finch will lay an impressive 12 eggs at a time, which gives it an advantage when it comes to outsmarting predators. Its unique and special adaptation is its ability to access the hidden mythical powers of the internet, allowing it to cast powerful spells and fly through cyberspace. Something really weird about the Cyber Finch is its ability to decipher the ancient language of Dungeons and Dragons! These birds are often kept as pets, and they make great companions. It is recommended to give your pet Cyber Finch a cool and cyber-themed name, such as Pixel, Binary, or Data. The nests of the Cyber Finch are quite unique - they are made of colorful wires and other discarded technology parts, and they can be found in the highest buildings of the city. The Cyber Finch has keen senses and is always on the lookout for predators. It is an expert at flying and can use its wings to create an electric current that attracts its natural predators - electric eels. The Cyber Finch is an adventurous soul, always seeking out new and exciting experiences. It is mischievous and often gets into trouble with humans, as it loves to steal their electronic devices and play with them. When Cyber Finches flock together, they are known as a ‘Net’. They travel in a tight-knit group, sharing and spreading their knowledge, creativity, and love of the cyberpunk lifestyle.

https://blog.abluestar.com/flockingai/088-nova/

Woodford Reserve Bitters Gift Set Give the Perfect Gift to Your Favorite Guy With This Woodford Reserve Bitters Gift Set! Collect all five of our outstanding Woodford Reserve® Bitters flavors with this combination 10ml dram set. This combination set comes in a sleek, stylish gift box and is a perfect introduction to all of the Woodford Reserve® Bitters flavors. Each big flavor is made in small batches and tested at the Woodford Reserve® distillery room. All five of the Woodford Reserve® Bitters are effortlessly handy and easy to use with the convenient drip dram topper. Make the perfect cocktails, baked goods, or even add a drop to a tall glass of seltzer water with these endlessly versatile flavors. The set of all five Woodford Reserve® Bitters – (DramFull Size) 10 ml (.34 fl oz) – 1 each Woodford Reserve® Chocolate Bitters, Woodford Reserve® Orange Bitters, Woodford Reserve® Aromatic Bitters, Woodford Reserve® Sassafras and Sorghum Bitters, Woodford Reserve® Spiced Cherry Bitters Woodford Reserve® Sassafras & Sorghum Bitters Sorghum was once America’s preferred sweetener, and it is still a Kentucky staple. By combining the earthy and unforgettable flavors of Kentucky sorghum with the natural sweetness of sassafras, Woodford Reserve® Sassafras and Sorghum Bitters creates brightness in any cocktail. Use Sassafras and Sorghum Bitters in a classic Manhattan for a Rootbeer Manhattan, or add a dash to an Old Fashioned. Alcohol is 45% Ingredients: Alcohol, water, natural flavors (gentian root, sassafras), sorghum Woodford Reserve® Aromatic Bitters Though aromatic bitters are no stranger to well-stocked liquor cabinets and bars, Woodford Reserve® Aromatic Bitters are carefully crafted to pull out the essential flavors of your favorite cocktail. Try making a martini or Manhattan with Woodford Reserve® Aromatic Bitters. Alcohol is 45% Ingredients: Water, alcohol, natural flavors (gentian root) Woodford Reserve® Spiced Cherry Bitters The distinct, natural flavors of Woodford Reserve® Spiced Cherry Bitters highlights flavors of any cocktail, while also adding distinct cherry notes. Try making a Spiced Cherry Manhattan with Woodford Reserve® Spiced Cherry Bitters. Alcohol is 45% Ingredients: Alcohol, water, natural flavors (gentian root, cherry, spices) Woodford Reserve ® Chocolate Bitters Straight from the Woodford Reserve® tasting wheel. Our Woodford Reserve® Bourbon Barrel Aged Chocolate Bitters was inspired straight from the distillery tasting room. Take a bite of chocolate and a sip of bourbon. It’s true bourbon umami! Change up your Manhattan, your Old Fashioned or add a few drops to your Double Oaked Woodford® Bourbon to recreate the combination! (We’ve also made some brownies with this stuff!!) Ingredients: Water, alcohol, natural flavors (gentian root, chocolate) Woodford Reserve® Orange Bitters Our Woodford Reserve® Bourbon Barrel Aged Orange Bitters will add a citrusy depth to your cocktails. Bitterness from gentian root, flavored with orange, and a hint of oak from resting in repurposed Woodford Reserve® barrels. This orange-flavored bitters is fresh and can either be used alone in an Old Fashioned or in tandem with any of our other bitters… our favorite combination is with Sassafras & Sorghum! Alcohol is 34% Ingredients: Alcohol, natural flavors (gelatin root, orange), water This bitters gift set can typically ship in a day. Gabrielle's Biloxi, Ms

https://www.shopgabrielles.com/products/woodford-reserve-bitters-gift-set

Higginbotham Adds Aviation Insurance Practice through Colt Risk Management Services Merger FORT WORTH, TX — Higginbotham announced the acquisition of the business of Colt Risk Management Services (CRMS). CRMS’s personnel moved to Higginbotham’s office in Friendswood, Texas, giving it a combined staff of nearly 40 insurance and employee benefit professionals serving businesses and individuals. CRMS is an independent commercial insurance broker specializing in aviation risk. It came to Higginbotham from Colt International where it provided insurance services to aviation companies worldwide. Higginbotham is headquartered in Fort Worth, Texas, and ranked by revenue as the largest independent insurance broker based in the state. It operates 29 offices in Texas and Oklahoma City and entered Friendswood in 2010 through a merger. The firm is fulfilling its mission to provide a single source solution for insurance by uniting with brokers that have industry expertise so it can serve a broad range of business sectors. Higginbotham has practice groups for more than 20 industries. “Aviation is a high-stakes industry that requires experience to properly cover its exposures,” said Ryan Moss, managing partner of Higginbotham in Friendswood. “The experience CRMS brings to Higginbotham opens the door to a new market for us, and CRMS’s reputation is notable in the aviation industry.” John Springrose, president of CRMS, said, “Higginbotham’s team atmosphere was especially appealing to me. Everyone supports each other to achieve the highest customer satisfaction. Our clients will continue doing business with us, but now we have teams dedicated to risk management and employee benefits that expand what we can do for them.” CRMS will operate under the Higginbotham name at 306 W. Parkwood Ave. with Moss as managing partner and Springrose as vice president.

https://www.agencyequity.com/articles/higginbotham-adds-aviation-insurance-practice-through-acquisition

Porter Realty, Inc Broker/Owner, Preston Porter is the new President of the Rocky Mountain Commercial Brokers(RMCB). Rocky Mountain Commercial Brokers is a group of independent professionals who specialize in the sale and lease of office, retail, healthcare, industrial, investment properties, land and ranches in the Rocky Mountain region. Preston has been part of RMCB since 2011. With 21 years of real estate experience, Preston’s focus is on listing and selling residential and commercial properties in Alamosa and farm/ranch real estate throughout the five counties of the San Luis Valley. As owner and broker at Porter Realty, Preston Porter oversees residential and commercial real estate broker services, tenant representation, commercial real estate investments, and real estate consulting services. RMCB’s commercial real estate broker members have met high standards and recognition in their field and have years of experience with all aspects of commercial real estate. Using advanced analytical capabilities, networking, and property portfolios, our full-service partner brokerage firms work cohesively as a group in sharing the latest commercial real estate information and technology. Rocky Mountain Commercial Brokers mission is to have our exclusive member commercial brokers assist in helping you find the right commercial space to lease, purchase commercial properties that meet your investment needs, or to help you sell commercial real estate you own at the best price and terms. They meet on a quarterly basis all around the state and discuss the market and happenings all around Colorado.

https://porterrealty.com/preston-porter-new-rocky-mountain-commercial-brokers-president/

California Wildfire Fund secures reinsurance advisor Guy Carpenter and Company has been named as the sole reinsurance intermediary for the newly formed California Wildfire Fund (CWF) to provide strategic reinsurance and advisory services and develop its risk transfer and reinsurance strategy. CWF was formed as part of the 2019 Wildfire Safety and Accountability legislation passed by the State of California this year and is currently being administered by the California Earthquake Authority (CEA). CEA will work alongside Guy Carpenter to increase CWF’s longevity enhance its claims-paying capacity. CWF will also benefit from Guy Carpenter’s modelling partnership with AIR Worldwide for proprietary wildfire modeling data, and its exclusive license of the Tyche financial and capital modeling platform. its modelling partnership with AIR Worldwide for proprietary wildfire modeling data, and Guy Carpenter’s exclusive license of the Tyche financial and capital modeling platform. David Priebe, vice chairman of Guy Carpenter, cited the company’s focus on helping the public sector at the national, state and municipal levels. “By leveraging private capital for public risks and innovative tools, we are able to help public entities mitigate risk and improve their communities,” he said. “We are looking forward to bringing our public sector and wildfire expertise to deliver results for this very important initiative for the residents of California.” Guy Carpenter represents 31 natural catastrophe pools globally. It said its 11 US property residual market clients collectively represented $7.7 billion of limit and 75 percent of the property catastrophe limit placed on behalf of US property residual markets in 2018.

https://www.bermudareinsurancemagazine.com/news/california-wildlife-fund-secures-reinsurance-advisor-4974

As the world increasingly turns to rechargeable lithium-ion batteries for power, understanding the associated fire risks becomes paramount. These batteries, found in everything from smartphones to electric vehicles, can pose significant fire hazards if damaged, improperly charged, or subjected to extreme temperatures. Recognizing these risks is the first step in mitigating potential disasters and ensuring the safety of both people and property. While lithium-ion batteries are generally safe, thermal runaway is a rare but serious concern. This occurs when a battery becomes too hot, leading to a chemical reaction that further increases temperature. If not quickly managed, this can result in fires that are notoriously difficult to extinguish due to the high energy content and flammable electrolytes within the batteries. In response to the unique challenges posed by lithium-ion battery fires, fire safety technology has had to evolve. Innovations in this field are focused on detecting potential hazards before they escalate and on developing extinguishing agents that can effectively cool and stop the thermal runaway process. These advancements are crucial for industries relying heavily on lithium-ion technology, ensuring that they can operate safely and with peace of mind. Modern fire suppression systems are designed to be highly efficient and environmentally friendly. They aim to quickly detect and respond to fires, minimizing damage and downtime. These systems are also engineered to be easy to install and flexible in their application, making them suitable for a wide range of environments and scenarios. Environmental responsibility is a key concern in the development of new fire suppression solutions. As we strive to protect our planet, it’s essential that the methods we employ to combat fires are not only effective but also minimize ecological impact. This means using agents that are non-toxic, do not deplete the ozone layer, and have a low global warming potential. Companies are now prioritizing sustainable practices in their fire safety protocols, choosing solutions that align with their environmental values. This shift towards eco-friendly fire suppression is a testament to the industry’s commitment to not only safeguarding assets but also preserving the environment for future generations. Every industry has unique fire safety needs, and a one-size-fits-all approach is often not feasible. Customized fire suppression systems are therefore essential. These tailored solutions take into account the specific risks and requirements of each application, ensuring maximum protection. Whether it’s a data center, a manufacturing plant, or a transportation hub, there’s a fire safety solution designed to meet the challenge. Flexibility in installation is another critical aspect of modern fire suppression systems. They can be integrated into existing infrastructure with minimal disruption, making them an attractive option for businesses looking to upgrade their fire safety measures without extensive downtime or renovation. When a fire breaks out, time is of the essence. The latest fire suppression systems are engineered to act swiftly, often detecting and extinguishing fires in a matter of seconds. This rapid response is crucial in preventing the spread of fire and minimizing damage. The efficiency of these systems not only saves property but can also save lives by allowing for safe evacuation and reducing the risk of injury. Moreover, the effectiveness of these systems is not just about speed; it’s also about precision. Advanced detection technologies ensure that fire suppression agents are deployed accurately and in the right quantities, avoiding unnecessary waste and ensuring that the fire is tackled effectively. With the stakes so high, it’s essential to work with fire safety experts who can provide the latest and most effective solutions. Companies like Salgrom are at the forefront of fire suppression technology, offering innovative and reliable systems that address the unique challenges of lithium-ion battery fires. Their expertise in the field ensures that clients receive the best protection available. Salgrom’s commitment to excellence is evident in their approach to fire safety. They understand that efficiency, environmental friendliness, ease of installation, flexibility, and rapid suppression are key to protecting assets and lives. By partnering with a leader in the industry, businesses can rest assured that they are equipped with cutting-edge solutions tailored to their specific needs. For those seeking to enhance their fire safety measures, especially in environments where lithium-ion batteries are in use, consulting with Salgrom’s experts is a wise decision. Their team is ready to provide insights and solutions that will safeguard your operations against the threat of fire. Contact Salgrom today to learn more about how they can help secure your business with the latest in fire safety technology. sales.hq (at) salgrom.com sales.hq (at) salgrom.com technical.hq (at) salgrom.com support.hq (at) salgrom.com varasto (at) salgrom.fi administration.hq (at) salgrom.com export (at) salgrom.com

https://salgrom.fi/en/lithium-ion-fire-control-the-latest-fire-safety-solutions/

Eurasia Insurance Company From Kazakhstan Encyclopedia Template:Use dmy dates Template:Orphan Template:Infobox company Eurasia Insurance Co. – is a Kazakhstan based insurance company, established in 1995 and headquartered in Almaty. As a results of 2013 Eurasia, Kazakhstan's largest insurance company maintained its position as first in terms of assets, insurance reserves, equity and authorized capital, as well as the volume of insurance premiums. Chairman of the Management Board – Boris Umanov. Members of the Board - Larissa Slabkevich, Nazym Tulchinsky, Rolan Sakenov, Samat Kabdolov, Tulbaev Nurmukhamed, Rauza Davletbaeva. Activity and operations Eurasia Insurance Co. is licensed to embrace all type of covers under compulsory and voluntary insurance classes in accordance with the legislation of the Republic of Kazakhstan. The premium income of Eurasia in 2013 amounted to KZT27.238bn, claim payments totaled to KZT12.057bn, with retained earnings of KZT4.016bn As part of its overall business strategy for growth in the long term, Eurasia Insurance Co. places emphasis on the geographic diversification of risks and developing partnerships with companies around the world to achieve a good spread of premium income and to strike the right balance between exposure. Today Eurasia has developed its inward reinsurance portfolio to the extent that it currently reinsures risks located over 150 countries worldwide. As at 1 January 2013 the Eurasia underwrote for 49% of the total reinsurance placements in Kazakhstan insurance market, and about 97% of the total reinsurance placements from abroad. In 2008, Eurasia reached new heights by being appointed as an approved reinsurer for the Ariane Space Programme. In connection with this class of insurance, Eurasia has paid the following claims: On 18 August 2011 Eurasia paid KZT747m as a reinsurance compensation for the loss of Ekspress-AM4 spacecraft. Ekspress-AM4 spacecraft was launched by Proton-M carrier rocket from Baikonur Cosmodrome spaceport in August 2011, but it was placed in an unplanned orbit. On 15 January 2012 the company paid US$3.4m in respect of the loss of the Russian spacecraft Fobos-Grunt. The spacecraft burned up in the dense layers of the atmosphere, its unburned fragments fell into the Pacific Ocean. Property interest of Federal State Unitary Enterprise "Center for operation of ground-based space infrastructure" is reinsured by Eurasia, which within its share of the responsibility made a claim payment of about KZT500m Eurasia has paid KZT1.5bn (US$10m) in respect of total loss of the telecommunication space satellite Telcom-3 owned by PT Telekomunikasi Indonesia. In August 2012 rocket Proton-M with the upper stage Briz-M and the spacecraft - Indonesian Telcom-3 was launched from the Baikonur Cosmodrome, but the boosters required to place it in its final orbit malfunctioned due to defects resulting in the satellite being placed in an unplanned orbit. The satellite was designed to provide telephone service communications and the broadcasting in Indonesia and Indochina. In March 14, 2014 rating agency A.M. Best affirmed its "bbb+" financial strength rating and "B++" credit rating for Eurasia Insurance Co. The outlook for both ratings is stable. This credit rating is the highest among insurance and reinsurance companies of CIS countries and Central Asia. In May 27, 2014 Standard & Poor's Ratings Services had affirmed its 'BB+' insurer financial strength and counterparty credit ratings on Kazakhstan-based Eurasia Insurance Co. The outlook is stable.At the same time, we affirmed our 'kzAA-' Kazakhstan national scale rating on the company. To date, this credit rating is the highest among all private domestic financial institutions. International and national memberships Eurasia is a member of the following organizations: - IUA the International Underwriting Association, which is the most influential non-governmental organization in the global insurance industry (London, UK); - IIS the International Insurance Society (United States, New York City) - FAIR the insurance pools Federation of Afro-Asian Insurers and Reinsurers (Turkey, Bahrain, Morocco); - IUMI the International Union of Marine Insurance (Zurich, Switzerland); - FIAK the Financial Institutions’ Association of Kazakhstan. In October 2004, for the implementation and the development of the youth policy and the state insurance program, not only in Kazakhstan but also in CIS countries, Eurasia Insurance Company organized the Annual International Scientific and Practical competition for the best work in the field of insurance “Just One Step from Idea to Implementation”. The main purpose of the contest is to promote the insurance industry, to inspire the best business ideas and the search for the potential staff among gifted students from within the Republic of Kazakhstan and the CIS countries. From 2005, Eurasia Insurance Company is a permanent organizer of the Annual International Risk Management Conference, a spring event which is held every year in Almaty. Over the past years the conference has attracted such influential speakers as Andrei Illarionov - former economic advisor to President of the Russian Federation who is now a senior fellow at the Cato Institute, the late Yegor Gaidar - former acting Prime Minister and Director of the "Institute for the Economy in Transition", Nouriel Roubini – economic advisor of President Obama; David Waldron - known London lawyer, who serves on the problems of corruption and bribery; Ruslan Grinberg – Director of Economics Institute of RAS; Tali Sharot - the head of the acclaimed research project The Optimism bias, Marcos Prado Troyjo - director of Research Center BRICLab at the Columbia University, as well as representatives of Government agencies of the Republic of Kazakhstan, the leaders of the major international rating agencies, including popular international economists. The moderator of these Conferences is the leading TV journalist – Igor Vittel. In April 2006, the radio programs “Two Lives After” part of an international collaborative media project, produced by Evgeny Bychkov and Eurasia Insurance Company, took to the airwaves. The author of the programs is Evgeny Bychkov - an Almaty native, professional musician, musical critic and radio-journalist, who currently resides and works in Toronto, Canada. In 2007 the programme was recognized by connoisseurs of music and was awarded Popov's International Prize in the category "Best Music Radio Program" in Russia. In May 2009 Eurasia Insurance Co. participated in the Cannes International Film Festival not only as a guest but as an insurer also. The world movie and sports stars and other celebrities, including Mark Weber, Sir Steve Redgrave, Ben Affleck, Matt Damon, Robert Downey Jr., Gwyneth Paltrow, Luis GarciaTemplate:Disambiguation needed, President of Hugo Boss Fashions - Roberto Carlos, and others were among the guests. The International Cannes Film Festival - the annual cinematic festival held in Cannes (France), is considered to be one of the most prestigious film festivals in the world. In October, 2009 Eurasia Insurance Co. and Oakeshott Insurance Broker published a two-volume collection of insurance, reinsurance and risk management papers, under the title, “Let’s talk with you”. In May 2010 Eurasia launched a new radio series “The 9th Archipelago” a "radio series" program on the key personalities in the history of rock with issues in detail of the life and works of such artists as John Lennon, Paul Simon, Janis Joplin, Jimi Hendrix, the music bands The Doors, Procol Harum, The Hollies and others. On 14 December 2010 Eurasia Insurance Company organized the Annual Film Festival in Kazakhstan CinemaFest "StrahOFF!" as part of its efforts to improve financial literacy of the citizens. The film festival is devoted to the fascinating explanation of the nature and characteristics of insurance and risk management through the movie. On 18 October 2011 Dr. Umanov gave a lecture on the topic of “Kazakhstan and Central Asian insurance/reinsurance market" in the Old Library of the New Lloyd’s of London Building. The Insurance Institute of London requested Dr. Umanov to give a lecture for the members of Lloyd's and other participants in the international reinsurance market. More than 150 persons attended the lecture, including senior managers from Lloyd’s syndicates, international insurance/reinsurance companies, brokers, major international rating agencies, and others, this being the largest attendance of such an event there. <ref> tags exist, but no <references/> tag was found

http://en.encyclopedia.kz/index.php/Eurasia_Insurance_Company

TYSONS, Va. (November 1, 2017) – Nationally recognized accounting and advisory firm Baker Tilly Virchow Krause, LLP (Baker Tilly) is pleased to announce the addition of David Ross to its cybersecurity and information technology (IT) risk services practice. Ross joins the firm’s Washington, D.C. office as a principal, bringing more than 25 years of experience serving clients in the pharmaceutical, healthcare, scientific research, energy and information technology (IT) industries. “We are excited to welcome David as a growth leader in our cybersecurity and IT risk services practice,” Raina Rose Tagle, national practice leader for risk, internal audit and cybersecurity at Baker Tilly, said. “David’s innovation and thought leadership will drive creative solutions with positive results for our clients. He enhances our ability to help clients safeguard information so they can remain focused on mission-critical objectives.” Ross specializes in cybersecurity strategy, innovation strategy and execution, business transformation and driving entrepreneurial initiatives, including successful new business creation, new market penetration and forging new business models across a variety of industry verticals. Prior to joining Baker Tilly, Ross led a cybersecurity services team for a large accounting and consulting firm. His past experience also includes serving as general manager at General Dynamics Commercial Cyber Services, where he launched and managed the new commercial division. Ross is a recognized speaker and published author on cybersecurity issues, and a board leadership fellow with the National Association of Corporate Directors. “Baker Tilly’s focus on specialization is what sets the firm apart,” Ross said. “The firm’s continued investment in critical client services like cybersecurity and IT risk uniquely position us to provide superior, tailored solutions to our clients.” For more information on Baker Tilly’s cybersecurity and IT risk services practice, visit bakertilly.com/cybersecurity. Baker Tilly US, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 34,700 professionals. The combined worldwide revenue of independent member firms is $3.6 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.

https://www.bakertilly.com/news/baker-tilly-adds-david-ross-to-enhance-national-cybersecurity-specializatio

As of September 1st, 2018, Rempel Insurance Brokers Ltd. has been acquired by Shawn Graydon, a long-term leader within the company and industry. “It is important to us to have the brokerage continue into the future. Rempel Insurance’s clients and employees will benefit greatly from Shawn’s expertise and commitment to the ongoing success of a local insurance brokerage,” expressed Lynn Rempel, former President and CEO. Lynn stated, “Dale would think this is awesome! He would be very proud of all our employees’ accomplishments and so pleased to see where the company is today,” she added. Lynn Rempel led the company for 6 years after her late husband, business partner and former CEO, Dale Rempel passed in the fall of 2012. She has been with the company for 28 years, and is excited about moving forward in a business advisory role. Shawn has been with the company for 18 years and in 2016 was the first recipient of the Broker of the Year award in Canada, for which there were over 1400 nominations across Canada. Shawn’s commitment to our clients and our employees made this purchase the company’s ideal succession. “I’m very honoured to continue to operate Rempel Insurance, not only as an independent brokerage, but with the same values and commitment to our community that my mentor, Dale Rempel, instilled within the company years ago.” said Shawn. Rempel Insurance, Morris MB, has been in business since 1965 and employs 14 professional brokers. The brokerage provides home, auto, and commercial business insurance. It is the largest independent brokerage in Manitoba serving the trucking industry, as well as specializing in providing Farm and Ag business including crop hail services as Dale’s Hail.

https://rempelinsurance.com/news/long-term-leader-shawn-graydon-acquires-rempel-insurance-brokers/

Liberty Mutual Re (LM RE), a member of Liberty Mutual Insurance Group has promoted Alice Blake to role of senior underwriter – financial risks reinsurance, effective immediately. Based in Bermuda she will report to Steve Horton, president, Liberty Specialty Markets, Bermuda. She will also continue to report into Susan Barber as part of the global Financial Risk Reinsurance team. Blake will continue her role as political risk/credit risk (PR/CR) single risk product leader, underwriting PR/CR business that has been renewed onto the Bermuda platform. In her new position, Blake will be responsible for the underwriting of an established Financial Risks portfolio. She will also develop and implement a strategy to access business originating from the Bermuda reinsurance market. In a recent press release from LM Re stating that the promotion contributes to LM Re’s strategy to grow its global footprint Blake has been with LM Re since 2014, as a London-based reinsurance underwriter. She has over ten years’ experience in the (re)insurance sector, having also worked for XL Insurance in London as an underwriter. Horton, president of Liberty Specialty Markets Bermuda said: “Alice’s arrival is part of our long-term strategy to build out Liberty Mutual Re’s reinsurance operations in Bermuda. Having developed a strong portfolio of reinsurance business in London over the last five years, she has the technical skills and experience necessary to make an impact in the Bermuda market and, importantly, grow our financial risks reinsurance book here.”

https://www.eamesconsulting.com/blog/2019/09/liberty-mutual-re-promotes-blake-to-build-out-bermuda-financial-risks-reinsurance-operations

Fire Tv Stick Write For Us: Amazon’s revolutionary streaming device, the Fire TV Stick, has reimagined home entertainment. This tiny wonder plugs into the HDMI port on your TV and instantly turns it into a streaming powerhouse with countless options. High-definition and 4K streaming are supported, ensuring crystal-clear visuals and an engaging viewing experience. The Fire TV Stick’s voice control feature makes it stand out, allowing you to browse a vast selection of apps and channels using nothing more than your voice. With this gadget, affordability and versatility come hand in hand, providing cost-effective options without sacrificing quality. Its seamless integration with Amazon’s virtual assistant Alexa makes it possible to easily control your home automation and entertainment systems. Additionally, frequent updates guarantee that you keep up with the constantly changing world of streaming services. The Fire TV Stick is your entry point to an endless world of entertainment, making it ideal for movie nights, gaming excursions, or simply catching up on your favourite shows. Utilise this stylish and cutting-edge device to embrace the streaming of the future. How to Update Your Articles? Once your article is prepared, you could publish it to the journal. You can generally put up your document by using this email: [email protected] Why Write for Digital Tech Spot – Fire Tv Stick Write for Us - If you write to us, your commercial enterprise is centered, and the patron can study your article; you could have massive publicity. - This will help construct relationships together with your beleaguered target audience. - If you write for us, the discernibility of your brand and comprise worldly. - Our presence is also on social media, and we percentage your article on social channels. - You box the link lower back for your website inside the article, sharing search engine optimization costs with your internet site. Search Terms Related to Fire Tv Stick TV Stick benefits Fire TV Stick features Fire TV Stick streaming options TV Stick apps Fire TV Stick 4K Fire TV Stick voice control TV Stick Alexa integration Fire TV Stick reviews Fire TV Stick comparison TV Stick vs other streaming devices Fire TV Stick setup guide Fire TV Stick troubleshooting TV Stick latest updates Fire TV Stick gaming options Fire TV Stick remote control TV Stick streaming quality Fire TV Stick user experience Fire TV Stick content selection TV Stick affordable streaming Fire TV Stick home entertainment Search Terms for Fire Tv Stick Write for Us Fire TV Stick reviews and comparisons Fire TV Stick setup guide and troubleshooting How to use Fire TV Stick for streaming Fire TV Stick apps and channels Fire TV Stick vs other streaming devices Enhancing your home entertainment with Fire TV Stick Fire TV Stick voice control and Alexa integration Tips and tricks for optimizing Fire TV Stick experience Gaming options on Fire TV Stick Expanding storage on Fire TV Stick Latest updates and innovations in Fire TV Stick technology Exploring the Fire TV Stick interface and features Fire TV Stick remote control functions Customizing your streaming experience with Fire TV Stick Fire TV Stick streaming quality and performance Accessing international content with Fire TV Stick Fire TV Stick for smart home integration Fire TV Stick and smart TV compatibility TV Stick parental controls and content filtering Fire TV Stick for cord-cutting and saving on cable bills Article Guidelines on Digital Tech Spot – Fire Tv Stick Write for Us - We at Digital Tech Spot welcome fresh and unique content related to Fire Tv Stick. - Digital Tech Spot allows a minimum of 500+ words related to Fire Tv Stick. - The editorial team of Digital Tech Spot does not encourage promotional content related to Fire Tv Stick. - For publishing an article at Digital Tech Spot, email us at [email protected] - Digital Tech Spot allows articles related to Tech, AI, APPS, Start Ups, and many more - Link to a minimum of 5 write for our pages. Software Write for us Cybersecurity Write for us Gamepad write for us Gadgets write for us Currencies write for us Artificial Intelligence write for us Crypto write for us Critical app write for us Write for small business

https://www.digitaltechspot.com/fire-tv-write-for-us/

LaDonna Schexnyder’s early experience included working in a firm’s admiralty and maritime practice, where she gained litigation experience in bench and jury trials as well as arbitrations. Since joining Lugenbuhl in the firm’s Baton Rouge office following Hurricane Katrina, LaDonna has concentrated on counseling and representing insurance companies in property coverage disputes in both Louisiana and Texas. Her catastrophic disaster work has included litigating both residential and commercial property losses and handling hundreds of mediations related to claims involving Hurricanes Katrina, Rita, Ike, Gustav, Isaac, Laura, Delta and Ida, as well as Superstorm Sandy involving the representation of NFIP insurers. LaDonna’s practice now focuses on representing insurers in both pre-litigation matters and litigation involving the defense of first-party claims, extra-contractual claims, and bad faith claims on both commercial and residential properties. She assists clients with pre-litigation counseling, conducting examinations under oath, and counseling insurers through arson investigations and appraisal proceedings. To further assist her insurer clients, LaDonna expanded her practice by obtaining her license to practice in the state and federal courts of Texas. After having participated in hundreds of mediations, LaDonna attended The Mediation Institute, where she completed training in civil, commercial, employment, family and divorce mediations, qualifying her to act as a mediator in the State of Louisiana. Outside the Office Outside the office, LaDonna enjoys spending time with her husband, children, grandchildren and four dogs. Traveling to new places is also one of her favorite activities, as well as reading a good book at the beach. - Legier & Company, APAC v. The Travelers Indemnity Company of Connecticut, (E.D. La. 4/28/10) 2010 WL 1731202 (appropriate formula for calculating “actual loss of business income” is [projected net income minus total projected operating expenses] + [actual continuing normal operating expenses [including payroll] – gross profits actually earned) - Dismissal of a commercial hurricane lawsuit in the insurer’s favor following discovery of clear evidence of fraud by the plaintiff. - Arrest of an insured for fraud by the State Fire Marshall following examination under oath. - Louisiana State Bar Association - New Orleans Bar Association - Louisiana Attorney Disciplinary Board - Louisiana Association of Defense Counsel - Texas Bar Association - American Bar Association - Federal Bar Association - Baton Rouge Bar Association - Bar Association of the Fifth Federal Circuit - Defense Research Institute - Baton Rouge Association of Women Attorneys - Maritime Law Association

https://www.lawla.com/people/ladonna-g-schexnyder/

A traditional insurance company and its response to fast insurance transformation - the fear of Goliath & its focus on details to fight David When innovative disruption is also in the details! Stark Group, a Singaporean company that innovates and effectively disrupts the insurance industry in Asia & Europe, launches last June 2017 its latest start-up: my-insurer. My-insurer is the first application to enable insurance intermediaries to better manage, communicate and facilitate sales between them and clients. The umbrella icon has been and is still widely used in the insurance industry to illustrate protection. My-insurer made the umbrella its logo, so did many others. It was brought to its attention that this logo could look similar to another one used by a USA-based insurer. Such situation may shadow the current brand position of the traditional American company and potentially infringes its IP. Stark Group takes Intellectual Property extremely seriously! The innovative firm based in Singapore agreed that with such logo it might be wrongly associated or mislead with other conventional insurance players. Consequently, Stark Group seized the opportunity to proactively rolled out its new logo that is fully in line with its vision: to go beyond protection. “Umbrella protects people, but like a great insurance product, parachute saves life.” Says Matthias de Ferrieres, CEO of Stark Group Digitalising Financial Advisers

https://www.my-insurer.net/news/my-insurer-logo-change

JD Capital Makes a Ten-Billion Acquisition of Hong Kong Ageas Insurance On August 31, JD Capital (430719) announced that it has reached an agreement with European Ageas Group to acquire Ageas’s Hong Kong subsidiary, Ageas Insurance Company (Asia) Limited (hereafter referred to Hong Kong Ageas Insurance) with about 10.7 billion HK dollars. Cross-border acquisition: a breakthrough in insurance business layout Hong Kong Ageas Insurance, set up in 1985, is a subsidiary wholly owned by the European Ageas Group. As one of the major insurance companies in Hong Kong, the well-reputed company now engages in life insurance service, providing individuals and organizations in Hong Kong with abundant insurance products, including whole-life insurance, endowment insurance, investment-oriented insurance, term insurance as well as accident, health and disability insurance. The company boasts a professional team of over 2,800 agents and independent financial advisers. By the end of 2014, the total asset of Ageas Insurance reached around 37 billion HK dollars. JD Capital positions insurance business an important component of its strategy, and this acquisition marks a breakthrough in the layout of its insurance businesses. JD Capital plans to take advantage of its capital to make long-term and continuous strategic investment in this business. Strategic coordination: a stride forward in comprehensive investment This acquisition will achieve fruitful strategic coordination between the two sides. Firstly, after the acquisition, Ageas Insurance will serve as an insurance financial platform for JD Capital in the Hong Kong market, a facilitation of JD Capital’s internationalization endeavor. Secondly, when JD Capital properly manages and controls risks and carries out to the letter the insurance asset-liabilities match management, it will be able to make the best of its investment advantages to enhance the investment return and customer value of Ageas Insurance. Thirdly, with its operational experiences and strengths in Internet financial businesses such as P2P, online marketing of financial products and third-party payment, JD Capital will propel the implementation of Ageas Insurance’s innovative Internet strategies. These strategies are expected to bring about groundbreaking improvements in product form, channel support, and ways to attract customers, so as to better meet customers’ demands. Fourthly, Ageas Insurance’s advantageous experiences, technologies, and talents in the insurance business will effectively support JD Capital’s domestic insurance business in risk control and management, underwriting and claim handling risk control, product development and pricing, channel establishment and training, IT system construction, etc. This acquisition marks a milestone for JD Capital. It carries forward JD Capital’s by a large extent towards the goal of internationalization and of becoming a comprehensive investment management organization. At the same time, the new platform and the improved layout will generate ever-greater value for the customers and shareholders of JD Capital.

https://www.jdcapital.com/en/news/4E097834-B5E5-4336-867C-A0EB8D41613F

Zivver has launched a new commercial partnership with Cybersecurity Human Risk Management Platform SaaS provider, OutThink, to bring together security tools for human-centric training and data protection. Founded in 2019, OutThink created a Human Risk Management Platform designed to assist CISOs by targeting the source of 90% of all data breaches: human behaviour. OutThink’s platform is used by organisations around the world to identify, measure and affect behavioural change. Zivver delivers email security solutions, preventing data leaks and helps people to work securely with minimal disruption. Zivver’s solutions were developed with accessibility and user-experience in mind, making Zivver a solution people want to use and facilitating widespread adoption across the organisation. Both Zivver and OutThink take a human-centric approach to cybersecurity. Combined, the solutions will give employees with the tools and knowledge they need to work effectively and securely. “Our approach to email security, compliance and data loss prevention, combined with OutThink’s security awareness training, phishing simulation and human risk intelligence, is set to reinforce secure digital communication across the globe,” said Oliver Brown, Vice President of Commercial, Zivver. “We look forward to working together on further integrations in the future.” Traditionally, security solutions treat employees as a risk to be mitigated, creating enforced rules and processes that cause frustration resulting in employee dissatisfaction and increased risk. Through the implementation of in-the-moment human error prevention tools, advanced encryption, training, the partnership will assist people in risk mitigation, enhance security knowledge and ensure widespread best practice, without increasing workloads for employees or security leaders. Kanav Bhama, Vice President of Finance & Growth at OutThink, said: “We’re excited to form a close partnership with Zivver, a company that aligns seamlessly with our principled commitment to a human-centric security. “Together we look forward to driving a profound improvement in cybersecurity posture across organizations and amplifying human awareness of and towards cyber risks.”

https://securityjournaluk.com/zivver-outthink-new-approach-cybersecurity/

Latest Blog Posts 2 posts | Page 1 of 1Print Page 25.05.2020 | Jeremy Gray | Covid-19, SMEs, South Africa, Sub-Saharan Africa In the midst of the COVID-19 crisis, insurance should be a primary mechanism for many people across the world to cope. Instead, the limited penetration of insurance products in developing countries has pushed insurance to the periphery. However, all is not lost. Insurers still have a key role to play in getting societies back to work through the support of enterprises and, in doing so, building consumer confidence in the insurance sector more widely. 19.05.2020 | Loraine van Deventer | Covid-19, South Africa, Sub-Saharan Africa South Africa’s fight against the Covid-19 pandemic started much later compared to the rest of the world with its first case only reported on 5 March 2020. The Government immediately responded with swift and decisive action by declaring a National State of Disaster and placing the country in total lockdown. Most Read Posts Covid-19Inclusive InsuranceSub-Saharan AfricaSupervisory DialogueIndex InsuranceRegulationsSouth AfricaA2iiSDGsConsumer ProtectionMicroinsuranceiii-labPrudentialInsurTechCaribbeanHealthCosta RicaRisk based capitalUKAsiaMalaysiaInclusive Insurance World MapSMEsGenderClimate and disaster riskFinancial InclusionSDG 5: Gender EqualityMauritiusArtificial intelligenceMachine learningEthicsGovernanceDataRemittancesBelizeMigrantsInnovationPacific IslandsFijiIFRS 17Accounting standardsSDG 13: Climate Action Subscribe to our list Receive notifications when we publish new blog entriesSubscribe here

https://www.a2ii.org/en/blog?field_blog_topic=251

In an interview with Law360 Pulse, Jennifer discusses how she was drawn to the firm because of its “excellent reputation and national reach,” with more than 20 offices across 10 states. She also added that she’s thrilled to have more opportunities to work with trial counsel, not only locally, but on a regional level, and that she’s looking forward to providing an enhanced level of service to her clients and expanding her defense practice. Albert D’Aquino, co-chair of the firm’s General Liability group, shared that Jennifer will work alongside fellow Hartford-based litigator Robert J. Chomiak Jr. and commended Jen’s years of experience. “The goal was to get another very experienced litigator into our Hartford office,” Al said in an interview with Law360 Pulse. “We have several very talented younger associates and we needed to add to our depths of our bench, so to speak, by bringing in someone at Jennifer’s level, who’s been practicing for 20 years herself.” READ THE FULL ARTICLE HERE: “Goldberg Segalla Grows Liability Practice with Conn. Partner,” Law360 Pulse, April 28, 2021 “Latest Hires and Awards at Connecticut Firms,” Connecticut Law Tribune, May 11, 2021 MORE ABOUT GOLDBERG SEGALLA’S JENNIFER L. BOOKER: Jennifer L. Booker is an experienced litigator who focuses her practice on motor vehicle, premises liability, product liability, and uninsured/underinsured motorist matters. She has nearly 20 years of experience representing a diverse range of clients, including homeowners, motor vehicle operators, commercial property owners, and insurance companies in the defense of personal injury claims. Serving as lead counsel in jury trials, Jennifer has taken complex injury verdicts to trial involving motor vehicle, uninsured/underinsured claims, and premises liability. Within premises liability matters, she has handled slip-and-fall cases, staircase accidents, electricity and electrocution injuries, defective sidewalks, and dog bites. She has also defended matters involving product liability arising from the retail and distribution of food products. Jennifer serves on the Board of Directors of the Connecticut Defense Lawyers Association, a voluntary, not-for-profit, statewide organization of civil defense attorneys.

https://www.goldbergsegalla.com/news-and-knowledge/news/general-liability-partner-jennifer-l-booker-profiled-in-law360-pulse/

Capstone National Security & Defense What Makes Us Different? From cross-border acquisitions, global expansion, energy security, sanctions risk, tax policy, aerospace regulation, and more, Capstone helps companies and investors navigate the increasingly complex, dynamic, and highly regulated worlds of national security and defense. We do this by combining unparalleled policy analysis and investment acumen to drive revenue, value, and growth. We provide real-time and forward-looking policy analysis and predictions of legislative developments, executive actions, and international developments that help clients capitalize on new opportunities and avoid hidden challenges on a global scale. With our broad range of national security and defense capabilities, our unique and varied public policy and industry relationships, and our propensity to go deeper in the weeds than anyone else, we are an ideal partner to help you solve complex national security policy and regulatory challenges. We Predict Policy, and Create Strategy. Our team of policy and investment analysts leverages our deep and diverse global policy subject matter expertise, vast industry knowledge, and our relationships with industry groups, regulators, policymakers, and relevant stakeholders worldwide to analyze the national security risk profile of corporate strategies and potential investments to create actionable best practices that mitigate hidden risks and find novel opportunities. Capital and Corporate Strategy - Advise clients on transactions complicated by national security considerations - Provide global revenue-driving policy-driven strategy - Idea-driven C-Suite advisory - Global Industry Analysis - Consumer patterns and concerns Policy and Political Analysis - Provide real-time analysis of key political and policy changes with detailed analysis of industry impact - International regulatory agency analysis and risk analysis - Political risk audits - Geopolitical risk analysis and sanctions review Capstone has a proven track record of providing in-depth analysis across a wide range of policy and regulatory issues. Our case studies demonstrate our ability to help clients navigate complex policy challenges and develop targeted revenue-driving strategies. Our Latest National Security Insights By Elena McGovern Introduction Capstone believes the Biden administration’s policy toward China in 2024 will double down on making necessary but underappreciated investments to confront China economically and militarily, all while seeking to carefully avoid ratcheting... Offering better investment terms to developing countries is essential to prevent Beijing from controlling the supply of important natural resources. By: Daniel Silverberg and Elena McGovern This opinion piece was originally published by The Wall Street Journal... September 18, 2023 By Daniel Silverberg, Co-head of Capstone’s National Security and Defense Practice The Biden administration made its latest move last week in the great US-China global power game. The strategy: doubling down on infrastructure. Capstone has... In the News Council on Foreign Relations: 2022 U.S. Midterm Elections, With Daniel Silverberg and Christopher Tuttle “I would not put it past [Russian President Vladimir] Putin to now view the Arctic as another avenue for conflict, and one that will allow him to flex his muscles,” says Daniel Silverberg, a managing director for the Washington, D.C.-based policy strategy consultancy Capstone.

https://capstonedc.com/areas-of-expertise/national-security-defense/page/2/?et_blog

What’s WEB OPTIMIZATION advertising? The insured receives a contract , called the insurance coverage policy , which details the circumstances and circumstances below which the insurer will compensate the insured. The sum of money charged by the insurer to the policyholder for the protection set forth in the insurance policy is named the premium. If the insured experiences a loss which is potentially coated by the insurance coverage policy, the insured submits a claim to the insurer for processing by a claims adjuster The insurer may hedge its personal risk by taking out reinsurance , whereby another insurance coverage company agrees to hold a number of the dangers, particularly if the first insurer deems the danger too large for it to hold. Tips and treats: Take into consideration the pricing structure for your enterprise. Will you charge by the hour or by the day? Will your business include other providers like dog-walking, grooming or cleaning out litter bins? Additionally, analysis to what extent you would be responsible within the case of a pet changing into injured beneath your care. Every business needs assist with their Internet advertising and marketing. And now I see even the smallest businesses hiring specialists for individual features of digital marketing. For example, they may rent one professional for pay-for-click search engine promoting, one other for Facebook advertising and still one other for SEARCH ENGINE OPTIMISATION for their website. So, you might focus on one side of digital advertising, or you possibly can be a generalist. Selecting the trail of entrepreneurship and dealing on finding great business ideas, is without a doubt riskier than being content with holding a 9-5 job. It requires extra sacrifice. Nevertheless, once you’re reaping the life-style advantages of being your own boss and hustling your approach into making considerably more money with your enterprise ideas than you ever could at your day job, the laborious work could have all been value it. So, dive into essentially the most related business ideas in 2020. Startup prices are pretty substantial, with the bills of renting and running a cafe plus providing adequate area and care in your cats. This business mannequin is still very new in the United States, however success in Asia and elsewhere shows that cat cafes can turn into extraordinarily fashionable and successful. Alternative of Legislation. These Terms and their operation, interpretation or formation, and the relationship between the parties, together with any claim or dispute which may come up between the events (including non-contractual claims or disputes) might be ruled by the laws of Ireland with out regard to its battle of regulation provisions. Notices. Verizon Media may provide you with notices, including service bulletins and notices regarding adjustments to those Phrases, by, but not restricted to, electronic mail, common mail, textual content message or SMS, MMS, push notification or in-app message, postings on the Providers, telephone, or other affordable means now recognized or hereafter developed. You consent to receive these notices by any and the entire foregoing means. You could not receive notices for those who violate the Terms by accessing the Services in an unauthorized manner, and you can be deemed to have obtained any and all notices that would have been delivered had you accessed the Providers in a certified method. 200k visits a month- we generate that much visitors from our SEARCH ENGINE OPTIMIZATION efforts. So once you get our SEO companies, rest assured that we’ll utilize these same SEARCH ENGINE OPTIMISATION methods that we use on our web site on your web site too. With this, you will know that the WEB OPTIMIZATION ways we are utilizing for your web site are proven to really work.

https://txinter.net/14-business-ideas-for-pet-lovers.html

Report: Allstate claim payment delays justified after 2005 storms Published 12:22 am Sunday, February 25, 2007 Allstate Insurance Co.’s delays in adjusting claims in Louisiana after hurricanes Katrina and Rita were justified in light of “severe problems, impediments, roadblocks and hindrances” created by the storms, state insurance regulators said in a report issued Friday. The Louisiana Department of Insurance examined a sample of 120 paid claims and 120 open claims by Allstate after the 2005 hurricanes and found nine instances of delayed payments. Those delays were not “arbitrary” or “capricious,” the department concluded. With the exception of those nine delayed payments, Allstate complied with state laws, regulations and rules in handling of claims after Katrina and Rita, according to the department. “The magnitude of claim damage as a result of (Katrina and Rita) presented a unique challenge to any affected insurance company and the local, state and federal governments,” the 23-page report says. Allstate spokesman Mike Siemienas declined to respond in detail to the department’s review, but said, “The exam by the Louisiana Department of Insurance of Allstate’s claims practices confirms that Allstate has been properly settling Hurricane Katrina and Rita claims with its Louisiana customers.” The Northbrook, Ill.-based company is Louisiana’s second-largest home insurer behind State Farm Insurance Co. It has two major homeowner coverage companies in Louisiana — Allstate Indemnity Co. and Allstate Insurance Co. — that together write about 22 percent of the homeowner policies in the state. Louisiana Insurance Commissioner Jim Donelon ordered reviews of Allstate’s claims handling practices after his office fielded hundreds of complaints from consumers about delays in the adjustment and payment of claims. Donelon said he was surprised that Allstate earned a “clean bill of health” considering the volume of consumer complaints. “Anecdotally, I had heard an inordinate number of complaints reported to me (about Allstate),” he said. “Their share of complaints exceeded their market share.” Donelon said he doesn’t dispute the report’s conclusions about Allstate’s claims handling practices. However, the commissioner noted that the review doesn’t take into account a recent rash of complaints about Allstate’s refusal to renew many policies this year. Donelon said a follow-up review of Allstate’s non-renewal of policies is possible. Donelon also ordered a “market conduct” review of St. Paul Travelers Cos., and a report on that company’s claims handling practices is due out in a couple of weeks, according to department spokeswoman Amy Whittington. The department said Allstate’s ability to adjust claims was hampered by post-storm conditions, including mandatory evacuations, displaced customers, disrupted phone service, restricted access to properties and a lack of housing for catastrophe workers. Those conditions mean “delays or lag times for adjusting Hurricane Katrina and Rita claims were justifiably lengthened with valid cause,” the report states. Because of the magnitude of the disaster, Allstate relaxed some normal adjustment requirements “and attempted to settle the claims as expeditiously as possible,” the report also concludes.

https://www.picayuneitem.com/2007/02/report-allstate-claim-payment-delays-justified-after-2005-storms/

|Public Act 103-0454 |LRB103 30960 BMS 57533 b AN ACT concerning regulation. Be it enacted by the People of the State of Illinois, represented in the General Assembly: The Illinois Insurance Code is amended by changing Section 356z.33 as follows: (215 ILCS 5/356z.33) Coverage for epinephrine injectors. A group or individual policy of accident and health insurance or a managed care plan that is amended, delivered, issued, or renewed on or after January 1, 2020 (the effective date of Public Act 101-281) shall provide coverage for medically necessary epinephrine injectors for persons 18 years of age or under. As used in this Section, "epinephrine injector" has the meaning given to that term in Section 5 of the Epinephrine Injector Act. (b) An insurer that provides coverage for medically necessary epinephrine injectors shall limit the total amount that an insured is required to pay for a twin-pack of medically necessary epinephrine injectors at an amount not to exceed $60, regardless of the type of epinephrine injector. (c) Nothing in this Section prevents an insurer from reducing an insured's cost sharing by an amount greater than the amount specified in subsection (b).

https://ilga.gov/legislation/publicacts/fulltext.asp?Name=103-0454

Westlake Village, CA – May 19, 2022 – Maryland’s largest workers’ compensation writer enhances the agent submission process with Appulate’s automation technology to deliver instant quoting and a better customer experience. Chesapeake Employers’ Insurance Company is your workers’ compensation specialist who provides Maryland-based businesses with competitive pricing, discount products, corporate dividends, responsive claims, and health and safety services. Now, Chesapeake Employers has taken its standards of business and service to greater lengths by providing its agent partners with an enhanced submission process with the industry’s leading automation technology powered by Appulate. This partnership allows agents to eliminate the hassle of rekeying data by digitally uploading ACORD information directly into eServices. With the Appulate technology, agents can use their current agency management system to access digital tools and resources to become more effective while saving valuable time. Processing workers’ compensation submissions with Appulate enables agents to deliver a better customer experience with faster quoting ability. About Chesapeake Employers Chesapeake Employers’ Insurance Company is Maryland’s largest writer of workers’ compensation insurance. It is a nonprofit, non-stock, private corporation. Chesapeake Employers has served as a continuous, guaranteed source for fairly priced workers’ compensation insurance since 1914. Chesapeake Employers’ Insurance is known for protecting your employees, your business, and your future as the trusted Workers’ Compensation Specialist. Learn more about Chesapeake Employers Insurance: www.ceiwc.com Appulate has been the leader in insurance technology for over 15 years. Producing nearly $4 billion in total premium for more than 35,000 independent agencies, and $120 million of additional prospective business for MGA and Carrier partners. With 80% of all retail agents registered on the platform, Appulate houses the largest network of independent agents. By catering to the demands of industry professionals and enhancing current workflows, the Appulate technology drives higher premiums with less work. Learn more about Appulate: www.appulate.com

https://blog.appulate.com/chesapeake-employers-insurance-partners-with-appulate-for-game-changing-submission-process/

Season 2, Episode 2: Greg Hendrick In this episode, Greg Hendrick shares how he used his math background to become a successful underwriter and how he sees the industry evolving to write more intangible risks. While he says he's math-centric and not a creative person, Greg explains how he came to create a company that has a different approach to taking risk, baking alternative capital into the business plan to move property catastrophe risk to the capital markets. With a lot of advancement in insurtech areas around certain solutions, we could now do a much better job of building a company from scratch, making talent the first bedrock anchor, but data the second most important asset, and turn that into a data analytics company, which is what an insurance company is in the end. Greg Hendrick Chief Executive Officer of Vantage Risk: Greg brings over 35 years of extensive leadership and hands-on reinsurance underwriting experience to Vantage. Greg was previously with numerous XL Group companies for 25 years. He served in various roles, including Chief Executive of Reinsurance, Chief Executive of Insurance, President of its P&C Insurance and Reinsurance businesses, and culminated as CEO of AXA XL. He began his career at AIG and later served as a VP in reinsurance underwriting at Winterthur Re. Editor's Bio: Meg Green Meg Green, our managing editor, is a former daily newspaper journalist who joined Insider Engage in 2021 after a storied 23-year career with AM Best. Since joining AM Best in 1998, she has covered nearly every facet of the insurance industry - and is still learning every day! After two decades in print, Meg spent the last decade focusing on video story telling and enjoys speaking to the brightest minds in the industry about the opportunities ahead. Meg was thrilled to join the Insurance Insider family to take the helm of the newly launched Insider Engage - think of it as the multimedia Sunday magazine to the Insider's breaking news.

https://www.insiderengage.com/ceo-perspectives/s2e2

HUTCHINSON, Kan. — Fee Insurance Group, a premier insurance agency headquartered in Hutchinson, announced it has been listed as the tenth Best Place to Work in Insurance in the nation by news source Business Insurance. This is the second year in a row the company has been recognized for this elite honor. The overall score and ranking are a combination of the employee survey, employer questionnaire, and overall positive response rate from employees for company alignment across eight core focus areas: Leadership and Planning, Corporate Culture and Communications, Role Satisfaction, Work Environment, Relationship with Supervisor, Training, Development and Resources, Pay and Benefits, and Overall Engagement. “We are honored to be recognized in the Top 10 Best Places to Work in Insurance for the second year in a row,” said Allen Fee, Chief Executive Officer of Fee Insurance Group. “We have a very talented and passionate team of professionals who are dedicated to delivering a great client experience every day. Our culture is built upon truly caring for our employees so that they will then deliver that same experience to our clients.” Best Places to Work in Insurance is an annual sponsored content feature presented by the custom publishing unit of Business Insurance and Best Companies Group that lists the agents, brokers, insurance companies and other providers with the highest levels of employee engagement and satisfaction.

https://hutchpost.com/posts/0fbcf53d-3681-43f4-b7d6-8c3b41d392c6

Insurance Bulletin, 28 January 2016 In this issue: Regulation and legislation; Market developments; HFW publications and events 1. Regulation and legislation UK: PRA updates firms on its approach to the solvency capital requirement under Solvency II The PRA has published a letter1 from Sam Woods (Executive Director, Insurance Supervision) to firms which sets out the PRA’s proposed approach to the solvency capital requirement (the SCR) in Solvency II. The letter explains how the PRA will act when a firm approaches its SCR. Mr Woods states that, when considering a contingency plan, the PRA will take into account the volatility of each firm’s capital position, the nature of its business model and the particular risks to which it is exposed. In acknowledging that these factors “will clearly differ from one firm to another”, Mr Woods suggests that the PRA will tailor its approach to individual firms. This is supported by Mr Woods' emphasising that the PRA intends to use a judgement-based approach to prudential supervision and that, as he has previously explained2, the PRA does not have a fixed point above the SCR which will trigger a formal intervention, as this “would be incompatible with the intention of legislators to deliver a 1-in-200 level of solvency across Europe”. In the letter, Mr Woods also notes that the SCR is more similar to the ICAS regime than to the Insurance Groups Directive (IGD) regime and that, in his view, reading across a group’s previous IGD position to its new Solvency II position would be “unlikely to have much information value”. Mr Woods' letter also looks back at the PRA’s decision-making process for approving internal model applications. The detailed annexes to the letter contain further information about how the process was operated, and may be useful reading for firms that are considering applying for approval of an internal model. - See ‘UK: The countdown to the implementation of Solvency II – http://www.hfw.com/Insurance-Bulletin-12-November-2015#page_2 2. Market developments UK: Final recommendations from the Insurance Fraud Taskforce The Insurance Fraud Taskforce has published its final report1 after a year long review into insurance fraud. The overall objective of the review is to reduce costs for consumers. The report sets out a number of recommendations for tackling fraudulent activity whether it be organised, premeditated or opportunistic. The aim of those recommendations is to improve consumer trust in the insurance sector and raise the public profile of insurance fraud as a criminal activity. They also seek to tackle organised insurance fraud through encouraging data sharing and collaboration between the insurance sector and regulatory bodies. International: Threats to global stability and the role of insurance The World Economic Forum (WEF) has identified the greatest threat to global stability over the next decade as international conflict. This marks the return of geopolitical risks to the top of the list. The findings were published in the WEF’s 2015 edition of its annual Global Risks report, ahead of the WEF meeting in Davos which took place from 21 to 24 January 2016. Risks identified were ranked according to likelihood and impact. Interstate conflict, extreme weather events and climate change, failure of national governance, state collapse and high unemployment were among the most likely risks. The highest ranking risks in terms of impact included water crises, disease pandemics, weapons of mass destruction and failure to adapt to climate change. The experts’ assessments of the preparations for dealing with severe weather and climate change were not positive. The interconnection of risks was highlighted in the report, for example, the rapid pace of innovation and cyber risk. As John Drzik, president of global risk and specialties at Lloyd’s broker, Marsh, pointed out, “the cost of cyber attacks is estimated now at $400bn annually”. Additionally, Mr Drzik highlighted risks associated with emerging technologies, such as synthetic biology (used in medicine and bio-fuels), which present new socio-economic threats arising out of “bio-error and bio-terror” and the importance of adequate governance. Mr Drzik emphasized how insurance will aid in mitigating the financial effects of such risks and stressed the responsibility of insurers in improving risk resilience: “The insurance industry has a strong role to play in enforcing common standards that help improve risk assessment and management, from cyber security to flood defences, for example”. 3. HFW publications and events HFW publishes briefing on opportunities in Iran following sanctions relief Further to HFW’s briefing on the top 10 things to consider in relation to the partial lifting of Iran sanctions1, HFW has published a briefing2 on the opportunities which are now available with regard to trade with Iran. The briefing also identifies some key points to consider before conducting business in or with Iran/Iranian entities. As certain restrictions remain in place, it is recommended that legal advice is sought before conducting business in order to ensure that transactions comply with the remaining sanctions requirements. HFW publishes briefing on the new Saudi companies law and its implications for KSA companies HFW has published a briefing1 on the Kingdom of Saudi Arabia’s new companies law (the New Law) which will come into force in May 2016 and is set to modernise the current framework under the law enacted in 1965. The briefing explains the key changes that the New Law will make in relation to the regulation of companies in KSA and suggests some actions that KSA companies should consider prior to the New Law coming into force. HFW hosts seminars on changes in insurance law On 27 and 28 January, HFW Partner Nigel Wick presented seminars in Singapore and Hong Kong respectively which discussed the most significant changes to English and Scottish insurance law for more than 100 years. The reforms cover pre-contractual disclosure, conditions and warranties, fraudulent claims, damages for late payment of claims, and third party rights against insurers of insolvent insureds. The seminars discussed the problem areas and practical impact of the key changes to be introduced by the Insurance Act 2015, The Enterprise Bill 2015 and the Third Parties (Rights against Insurers) Act 2010. HFW hosts a seminar on achieving effective risk transfer and claims response through insurance and reinsurance On 27 January, HFW Partner Graham Denny presented a seminar in Geneva which considered the the issues affecting the negotiation and placement of insurance and payment of insurance claims, the main coverage issues and ways to avoid them whether through contract certainty at time of placement or claims strategies. The seminar also focused on complex claims scenarios in the context of global insurance programmes and included discussion relevant to property, trade credit, political risk insurances, insurance-backed transactions and liability insurances. Graham also discussed the Insurance Act 2015 and its likely effect on policyholders’ and insurers’ obligations and on coverage issues.

https://www.hfw.com/Insurance-Bulletin-28-January-2016

Lu has over 30 years insurance experience , including 20 years with Allianz managing a large business division with particular focus on the warranty, creditor and pet insurance sectors She was responsible for the entire consumer journey for over 16m consumer policies per year generating £500m annual premium. Her core strength is in building and managing the underwriting and understanding how technology, compliance and administration can dovetail to support the biggest global retail brands who were her customers. Dominic Brady MA (Cantab) Dominic has established, capitalised and managed a number of companies including insurers, PE investment companies, marketing companies and insurance brokers. He has worked for a number of independent Lloyd’s brokers and helped establish a Lloyd’s broker for the Harel Group who he has provided services to for much of his 30 year insurance career. His core strength underpinning everything he does is as a wholesale insurance broker for non marine program business. Stella has 30 years experience of personal lines insurance with a focus on travel insurance and assistance and having worked for an insurer Europ Assistance, an assistance company, an MGA UKG , a wholesaler and a broker. Her core strength is that she understands the key drivers for all stakeholders in the distribution chain. For 40 years Fenton has worked for Lloyd’s brokers specialising in products that sit in the area where insurance and banking meet and as such his focus is on surety, structured finance, insurance wraps and capital raise support. His clients and markets recognise his expertise in creating global solutions and he is a previous winner of the Aon Benfield Innovation of the Year Award. Fenton’s instinctive knowledge and experience around global banking and insurance regulations mean that Kainos’ speed to market for highly complex structured financial products is a core strength. TCF underpins everything we do and all of our staff are taught that their first priority is to act in utmost good faith.

https://www.kainosint.com/key-people/

Germany’s Allianz plans to pay $35 million for 98 percent stake in Nigerian insurer Ensure Insurance in a push for growth in Africa, where many people are uninsured. Foreign insurers are banking on growing premiums as the continent develops its infrastructure and a consumer class demands protection from risk. Allianz said that it would acquire the stake from UK-based holding company Greenoaks Global Holdings. Ensure Insurance offers life and non-life cover to businesses and retail clients and generated 11 million euros ($13 million) in gross premiums last year. The Allianz group has operations in 16 African countries and views the Ensure acquisition as an opportunity to tap into Nigeria’s strong demographics and economy. “The transaction gives Allianz access to the fifth-largest insurance market in Africa and is in line with our strategy to capture long-term growth opportunities on the continent,” said Allianz Africa spokeswoman Bettina Sattler. “It is also a market with significant entry barriers, which is another reason why this acquisition is a great opportunity for us. Entering Nigeria with a team that knows the market was essential for us.” Allianz expects the acquisition to close this year and said it intends to retain Ensure’s management team. The german insurer plans to focus on property and casualty insurance, particulary underwriting industrial and speciality risk in the energy sector as well a large complex risks such as infrastructure. “In the past two years, we have been quite visible in Nigeria, sharing our risk-management expertise in power, oil and gas, as well as cyber insurance,” Sattler said. “Now that we have a company locally … the retail sector is another growth sector for us.” Allianz follows British insurer Prudential which last month bought a majority stake in Nigeria’s Zenith Life to gain access to the African country’s fast-growing insurance market. South African insurer Liberty Holdings, which bought remaining shares it didn’t already own in Nigeria’s Total Health Trust in August 2015, said in February that it would acquire a 75 percent stake in an unidentified Nigerian long-term insurer for 160 million rand ($12 million). France’s AXA acquired Nigeria’s fourth-largest insurer Mansard Insurance three years ago.

https://royalnews.com.ng/germanys-allianz-takes-over-nigerian-insurer/

NFP, an insurance coverage broking and consulting firm, has acquired AIC for an undisclosed quantity. AIC is an unbiased insurance coverage dealer, which was initially primarily based in St Albans, Hertfordshire. It’s now positioned in Hemel Hempstead on the outskirts of London, UK. The corporate gives specialised insurance coverage merchandise throughout varied industries similar to marine, agriculture, retail and wholesale, business, leisure, car and development. As well as, AIC additionally caters to private insurance coverage wants for people. By way of AIC’s acquisition, NFP goals to boost its business insurance coverage choices and in addition strengthen its shopper base in London and the South East area of the UK. The strategic transfer, which was finalised final month, will see all the AIC crew becoming a member of NFP. Entry essentially the most complete Firm Profiles in the marketplace, powered by GlobalData. Save hours of analysis. Achieve aggressive edge. Firm Profile – free Your obtain e mail will arrive shortly We’re assured concerning the high quality of our Firm Profiles. Nonetheless, we wish you to take advantage of resolution for your small business, so we provide a free pattern that you would be able to obtain by submitting the under type NFP Europe regional managing director Matt Pawley mentioned: “AIC is properly revered by its shoppers, friends and companions, and has a superb crew of insurance coverage professionals supporting their operation. “This acquisition will bolster the shopper base of each organisations and improve our capacity to ship built-in and specialised options. AIC will likely be a fantastic addition to NFP as we assist shoppers sort out their threat mitigation.” The combination of AIC into NFP’s operations is predicted to bolster NFP’s presence in Europe, the place it operates as a global and home insurance coverage brokerage and consulting firm. With greater than 500 professionals, NFP provides a variety of options to deal with enterprise dangers and human capital wants, together with specialised business enterprise insurance coverage, worker advantages, well being and security, non-public monetary planning and HR consultancy. AIC managing director Chris Metcalfe mentioned: “AIC has loved many profitable years by leveraging our strengths, which is a testomony to our first-rate, skilled staff and talent to serve the varied wants of our shoppers. “Now we look ahead to our subsequent chapter by utilising the numerous further assets that NFP brings, not solely throughout insurance coverage but additionally throughout the worker advantages and wealth administration house.” In October final yr, NFP confirmed the acquisition of unbiased insurance coverage dealer Resolute Insurance coverage Providers to additional broaden its presence and buyer community within the West Midlands, UK.

https://insuranceinfonews.com/nfp-acquires-superior-insurance-coverage-consultants-in-uk/

Acoem widens its Industry 4.0 reliability services capabilities in North America with the integration of Reliability Point Acoem’s vision of becoming the world leader in Industry 4.0 reliability solutions and services took another leap forward this week with the acquisition of the Reliability division of US asset Integrity and Reliability company, Reliability Point. Reliability Point, under the leadership of its President, Robert Arnold, has been providing the US market with reliability based proactive maintenance and condition monitoring services and solutions from its headquarters in Baton Rouge, Louisiana for more than quarter of a century. Its close and productive working relationship with Acoem began over 20 years ago, through its distribution and use of VibrAlign-branded condition monitoring, shaft alignment and machinery diagnostics equipment. VibrAlign, now part of the Acoem Group, began serving the US market in 1983. Leveraging services digitalisation through Artificial Intelligence for augmented mechanics. For Acoem, the decision to fold Reliability Point into the company was clear cut. It will allow the company to build its reliability service capabilities across the US, provide greater support to its customers, and work with a team that is highly experienced in digitised reliability solutions, automated diagnostics and remote access data analysis. As the world evolves towards Industry 4.0, Acoem is continually looking at new ways to enhance its product and service offering to ensure that its customers can protect their critical rotating assets, extend the life of their machinery and avoid costly repairs or breakdowns. A step forward in Acoem’s vision of becoming the world leader in Industry 4.0 reliability solutions. Read the press release

https://acoem.us/blog/other-topics/acoem-expands-its-footprint-in-north-america/

Max Elevators Pvt. Ltd. is a Leading Commercial Lift Manufacturer Company in Delhi. We Supplying Commercial Lift in Delhi at best price. Our staff is highly skilled and trained for manufacturing Commercial Lift in Delhi. Commercial Lift Manufacturers in Delhi, Commercial Lift Suppliers in Delhi, Commercial Lift Company in Delhi. We are Manufacturer of Commercial Lift in Delhi which is used in building a commercial space with multiple floors, you need to have a way for people to move between floors. Dumbwaiters in Delhi don't work well for this, and you'll want to install a commercial elevator in Delhi. There are a few different types to choose from, including commercial hydraulic elevators in Delhi and commercial traction elevators in Delhi. These Commercial Lift in Delhi are usually equipped with a technician on call 24 hours a day to keep them operating efficiently. Generally, you'll find commercial elevators in Delhi in office buildings, shopping malls, and hotels. These commercial elevators in Delhi get a lot of use, and they travel many floors. In contrast, residential elevators are small and usually only carry a few people. In homes, home lifts are used by individuals who have problems climbing stairs. Max elevator is a leading Commercial Lift manufacturer in Delhi. We have a wide range of models available at reasonable prices. Commercial lifts come in two styles - the Incline Platform Lift (IPL) and the Vertical Platform Lift (VPL). Commercial lifts are a great option for a building with many floors because they're smaller and more compact than residential ones. Commercial elevators should be designed to meet ADA and code requirements so that people with disabilities can use them safely. There are three types of commercial elevators. The most common kind is a passenger elevator. These lifts are usually powered by hydraulics and can quickly move people up or down floors. Another type of elevator is an express elevator. These lifts move quickly from one floor to another and are used in tall buildings. Choosing the right lift for your business depends on several factors, including the application and the type of equipment required. Before purchasing a lift, consider the purpose for which it will be used, its height, width, weight, and maintenance requirements. It should also meet federal safety standards and have a warranty to protect you against any damage or malfunction. Max Elevators uses the finest quality raw materials (stainless steel, copper, or another metal) to create world-class lifts. Goods lifts are a good option for commercial applications since they provide optimal ease of use in many working environments. + CitiesExpanded in + LiftsMore Than

https://www.maxlift.co.in/commercial-lift.html

General Search & Recruitment (GSR) is a professional firm with over 43 years of insurance staffing expertise. We specialize in insurance recruitment and have honed our skills in identifying the top talent in the insurance sector. Our focus areas include underwriting, claims, and sales. At GSR, we excel in every aspect of the recruitment process, from sourcing to screening. Our team stays updated with the latest industry trends to ensure that we connect professionals and employers effectively. With our extensive network and dedication to refining and redefining the recruitment process, we create valuable relationships in the insurance industry. Why Choose GSR? When it comes to insurance loss control recruitment in De, GSR stands out. Here are some reasons why you should choose us: - 43 years of insurance staffing expertise - Specialization in underwriting, claims, and sales - An adaptable approach that aligns with industry trends - A strong network of professionals and employers - A commitment to refining and redefining the recruitment process Our reputation in the insurance industry has earned us recognition and trust. We are proud to have been featured in: - Colorado Theater Drops Request for Shooting Victims to Pay Legal Fees - General Search & Recruitment LinkedIn page - Michael McDonough's LinkedIn profile - Insurance Journal Get Started Today If you are looking for the best insurance loss control recruiters in De, look no further. Let GSR assist you in finding the top talent in the industry. Contact us today to discuss your recruitment needs and take your insurance business to the next level.

https://gsr4you.com/insurance-recruiters/insurance-loss-control-recruiters-in-de/

REMINDER: MDJW CENTRAL TEXAS INSURANCE SEMINAR NOVEMBER 9TH IN SAN ANTONIO Adjusters, claims managers, litigation managers, and in-house counsel should mark your calendars for the 2012 MDJW Central Texas Insurance Seminar which will be held in San Antonio on Friday, November 9th, at the Pearl Stable on the campus of the Culinary Institute of America, 307 Pearl Parkway in San Antonio. The program will run from 9:00 a.m. to 4:00 p.m. and will cover cutting edge insurance issues for anyone involved in P&C claims or lawsuits in Texas. This FREE program will feature some of the state’s leading insurance lawyers from our firm who will be providing updates on the latest decisions and latest legal trends across multiple liability and property topics including the latest Stowers problems, inadequate limits issues, punitive damage exposures, Texas bad faith update, new appraisal issues, homeowners and auto insurance updates, and much more. Chris Martin, David Disiere, Barrie Beer, Kenni Lucas, Andrew Schulz, Jeff Farrell, Tanya Dugas, Mark Dyer and several others from the firm will teach on cutting edge issues impacting those who handle claims or manage insurance litigation in Texas. Lunch will be provided as well. To register, please send an email with your name, employer, and work address to: [email protected] OR call 713-632-1737 with the same information. Following receipt of a registration request, we will reply with more detailed information regarding the location of program in San Antonio. Seating is limited, so register as early as you can. We hope to see many of our friends from the insurance industry on November 9th in San Antonio!

https://www.mdjwlaw.com/newsroom/news/TIN-20121022-Item3

WHITEHOUSE STATION, N.J., April 13, 2020 /PRNewswire/ -- Chubb is providing its personal auto insurance clients in the U.S. with a credit on annual renewal premiums as a result of reduced driving activity. Upon renewal, clients will receive a credit reflecting a 35% premium reduction for the months of April and May, with additional discounts for subsequent months, as the situation warrants. Across Chubb's portfolio, the average credit is expected to be $110 per vehicle. Clients will not have to request the credit; it will be applied automatically at renewal. All premium and rate adjustments are subject to regulatory approval. "In these rapidly changing times, we have been thinking about our clients and the challenges they are facing. We recognize that there has been a reduction in our clients' driving activity as a result of this pandemic," said Fran O'Brien, Division President, North America Personal Risk Services. "This credit reflects our commitment to providing a fair premium adjustment to our clients, while ensuring they continue to receive Chubb's best-in-class auto coverage." Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs more than 30,000 people worldwide. Additional information can be found at: chubb.com.

https://www.prnewswire.com/news-releases/chubb-announces-premium-credit-for-us-auto-policyholders-to-reflect-changing-driving-habits-due-to-the-covid-19-pandemic-301039359.html

Boost Insurance, a prominent insurance infrastructure platform has recently made headlines by securing over $130 million in new reinsurance capacity. This substantial investment is poised to fortify its position as a leader in the industry, supporting its managing general agency (MGA), InsurTech, and embedded insurance programs. The company’s efforts not only involve renewing existing treaties but also expanding its reinsurance panel to encompass more than a dozen industry-leading risk capital providers, including strategic partnerships with RenaissanceRe and Canopius. Lisa Davis, CEO North America and Bermuda of Canopius, said, “We expanded our relationship with Boost for their consistent track record of program profitability, with a data-driven and technology-enabled approach to risk management. Boost’s platform helps us efficiently reach new segments of the market, and further diversify our portfolio.” The impetus behind this significant move stems from Boost’s commitment to enhancing its platform’s capabilities and facilitating greater market penetration. Alex Maffeo, CEO and Founder of Boost, said, “Risk capital is an increasingly scarce resource for MGAs, InsurTechs, and embedded insurance entrants alike, so this commitment is not only a powerful validation of Boost’s platform and capabilities, but it allows us to both grow our active programs and power even more innovators across the industry. We are actively working on several new programs for 2024 and very much looking forward to supporting as many as we can beyond that.” Boost operates as an insurance infrastructure provider, offering a comprehensive package of compliance, capital, and technology necessary to power insurance programs. Its white-label insurance products, backed by a panel of reinsurers, cater to various sectors, including SMB Commercial Cyber, Startup Management Liability, Parental Leave, and Pet Health Insurance. This diversification strategy is underpinned by Boost’s ability to address emerging risks and markets, ensuring sustained growth and innovation within the industry. For reinsurers and risk capital providers, Boost’s platform offers efficient access to innovative capital deployment avenues. Through its subsidiary, Boost Re, the company facilitates fast capacity deployment, bolstering the resilience of both risk capital partners and the programs they support. Moreover, Boost’s recent release of Portfolio Insights provides real-time data reporting, enabling reinsurers to make informed decisions swiftly. Keep up with all the latest FinTech news here Copyright © 2024 FinTech Global

https://fintech.global/2024/02/09/boost-adds-over-130m-of-new-reinsurance-capacity-to-accelerate-its-mga-platform-growth/

The annual Great California ShakeOut will take place this Thursday, October 21, 2021 at 10:21am to encourage Californians to be prepared in the event of an earthquake. The Great California ShakeOut drill is an opportunity for families, friends, and businesses to practice simple, but critical, safety steps that can keep them safe during an earthquake, such as to drop, cover, and hold on. This year, Cal OES is urging Californians to join in the Great California ShakeOut and download the free MyShake App to receive earthquake warnings. The MyShake App is available for FREE from the Apple App and Google Play stores. To receive earthquake warnings, individuals and family members can download the app and make sure settings are adjusted to receive emergency alerts, including turning location settings to “always on” so that the app technology can connect with nearby ground sensors in the event of shaking. Earthquake Warning California includes: • MyShake App: Free smartphone app that provides iPhone and Android users with audio and visual warnings (for earthquakes estimated to be magnitude 4.5 or higher; MMI 3 or greater). Available in the Apple App and Google Play stores; • Android Earthquake Alerts: Android phones with updated operating systems are automatically subscribed to Android Earthquake Alerts, which uses the same technology as the MyShake App (for earthquakes estimated to be magnitude 4.5 or higher; MMI 3 or greater); and • Wireless Emergency Alerts (WEAs): No-cost text messages for emergency situations, including earthquakes (magnitude 5.0 or higher; MMI 4 or greater). Earthquake Warning California is the country’s first publicly available, statewide warning system designed to give California residents crucial seconds to take cover before they feel shaking. Managed by Cal OES, Earthquake Warning California uses ground motion sensors from across the state to detect earthquakes before humans can feel them and can notify Californians to “Drop, Cover and Hold On” in advance of an earthquake. More details about technology used by Earthquake Warning California for the warning system is available at earthquake.ca.gov/get-alerts. Earthquake Warning California has new toolkits available in multiple languages and targeted for multiple industries to make it easy to share information with others in the community about this potentially life-saving technology. You can find the latest toolkits, which include newsletter copy, social media posts, and other shareable resources on the Earthquake Warning California “Get Prepared” webpage. We encourage everyone to Drop, Cover, and Hold On with us on Oct. 21. Over 4.5 million Californians are already registered to practice their earthquake safety plans. You can register to participate in the Great California ShakeOut Drill at https://www.shakeout.org/. For Californians who live in an area that could be impacted by an earthquake, preparation is vital, as these events can strike suddenly, at any time, with little warning. Residents can visit My Hazards to see if they live or work in an area prone to earthquakes.

https://cityofalhambra.org/CivicAlerts.aspx?AID=63&ARC=79

Keri is the US Strategic Risk Advisory and global Brand and Reputation leader of Deloitte & Touche LLP’s Risk Intelligence practice. With more than 20 years of experience providing risk advisory services, Keri helps organizations evolve their culture, capabilities, and processes to create integrated risk programs that help grow the business, accelerate performance, improve resilience, and achieve strategic goals. Throughout her career, Keri has helped businesses evaluate, manage, and monitor a wide spectrum of risks including financial, operational, reputational, regulatory, enterprise, strategic, and technological risk. Keri challenges her clients to think differently about risk. She encourages business leaders to embrace risk and proactively manage risk with the goal to both protect and create value. She helps business leaders apply practical techniques to manage risk when and where the business experiences risk—in day-to-day operations, when driving change and business transformations, when navigating crisis and high impact events, and when developing and executing on strategy. Keri commonly advises boards and executive leadership teams on the design and roll-out of enterprise-level risk governance, monitoring, and reporting and helps executives align and mobilize around the top-most risks to their organization. Keri lives in New York, with her husband Tom, and their three children, Sean, Kalie, and Michael. Keri likes to spend her free time with family and friends enjoying outdoor activities such as soccer, hiking, skiing, and giving back to her community.

https://www.deloitte.com/ug/en/about/people/profiles.kcalagna%2Bf32ea39f.html