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The law firm’s latest Annual Insurance Review also listed the top eight concerns for the sector in 2023 Cyber challenges, climate change and environmental, social and governance issues have topped the list of challenges the insurance sector will have to contend with in 2023, according to international law firm RPC. In its Annual Insurance Review, published today (12 January 2023), the company also highlighted what it predicted would be the top eight concerns for the insurance sector in 2023. The report, which examined the key developments in the insurance sector across 2022, presents a list of issues that RPC believed would be prominent in the coming year. Simon Laird, global head of insurance at RPC, said: “Climate change, ESG, cyber and the continuing conflict in Ukraine remain centre stage for the insurance industry, creating both new opportunities for insurers and new challenges from a claims and coverage perspective. “The headwinds that the economy is creating will also prove a significant challenge – recessions normally mean more claims against professional advisors. “For insurers, the challenge is establishing which professions will be most exposed this time around.” In its predictions for brokers specifically, RPC explained that inflation and the cost of living crisis could lead customers to shop around for more competitive deals, as well as reconsider their expenditure. RPC added that brokers would need to be “particularly vigilant” about their own errors and omissions insurance - this includes ensuring that processes and conversations have been well documented where consumer decisions are concerned, especially if customers decide to choose a more affordable but less protective option. Cyber war exclusions RPC further explained that the scope of cyber cover would continue to be a hot topic in 2023 - particularly as Lloyd’s of London’s state-backed cyber attack exclusions are due to come into force in March. The law firm added that it would remain to be seen whether 2023 saw these new exclusions tested. Moving forward, RPC believes that the insurance market must balance insuring knowable risks with the needs of the commercial sector when it comes to managing the risk of cyber threats, while still keeping premiums both competitive and manageable. The expansion of insurers’ commitment to sustainable insurance as they target net zero emissions and the rising frequency of climate-related natural disasters is also set to be a key theme for 2023, according to RPC. The firm explained that, as the pressure increases to adopt renewable energy sources, insurers would need to adjust their underwriting portfolios to reflect the transition. Alongside this, RPC projected that the changing climate would see more frequent extreme weather events impact the reinsurance sector, with catastrophe premiums expected to soar this year. Alongside cyber and climate challenges, the firm said the insurance sector would need to keep an eye on: - Directors and officers claims relating to ESG and the recession - Crypto risks - Construction claims - Health and safety - Claims against professional advisers in the property market

https://www.insurancetimes.co.uk/news/climate-change-cyber-risks-and-esg-top-sector-challenges-for-2023-rpc/1443487.article

Welcome Our New Account Executive, Sean Brennan, to Our Pan American Business Unit Walnut Creek, Calif., 01 March 2019 – Relation Insurance Services (“Relation”), a privately owned insurance brokerage that offers property and casualty, risk-management, benefits, and TPA-consulting services through its family of brands across the United States, today announced that Sean Brennan, CAWC, has joined its Pan American business unit as Account Executive for its Property & Casualty and Alternative Risk practice. In this role, Sean will focus on increasing Pan American’s footprint in the San Francisco Bay Area by focusing on mid-market businesses with challenges managing their risk surrounding workers’ compensation, online operations/cyber, and employment practices liability insurance, (EPLI). He will be based in Relation’s Walnut Creek office. Sean comes to Relation with nearly two decades of financial services sales and marketing experience, during which he managed sales teams in banking and finance. He focused on workers’ compensation, cyber liability, and EPLI, as well as alternative risk financing (captive insurance policies). A Certified Authority on Workers’ Compensation (CAWC), Sean has been published in Contra Costa Lawyer magazine, the official publication of the Contra Costa County Bar Association: in “Risky Business: Can Insurance Mitigate All Your Risk?” (September 2018), he shared insight on workers’ compensation and EPLI. “Sean is a powerhouse of knowledge and experience,” said Steve Martin, President of Pan American. “He brings specialty knowledge of in-depth policy and class-code analysis, combined with reclassifications and loss control, which will help our clients drive down their overall cost of risk. We’re thrilled that his addition adds so much value to what the Pan American team can deliver for our clients.” Sean earned his B.S. in Business Administration—with a concentration in Operations and Production Management—from Cal State Hayward. He’s a proud East Bay Area local, having attended high school in Walnut Creek, and has lived in Concord for more than twenty years. He has three children with his wife, Jenni, who is a first-grade teacher in the Mount Diablo School district. About Relation Insurance Services Relation Insurance Services is an insurance broker that offers superior risk-management and benefits-consulting services through its family of brands across the United States. It is ranked by Insurance Journal within the top 40 largest agencies in the country by revenue and has nearly 500 employees in more than 30 locations nationwide. Relation is a privately held corporation; alongside its current private-equity partners, Parthenon Capital and Century Equity Partners. Recently, the company announced Parthenon and Century had entered into an agreement to transfer ownership of the company to Aquiline Capital Partners, which is expected to be completed in the first half of 2019. Visit www.relationinsurance.com for more information. # # #

https://www.relationinsurance.com/press-release/relation-insurance-services-welcomes-account-executive-sean-brennan-to-its-pan-american-business-unit/

Joseph Brown, Esq. is Accident Law Group’s founding partner. Mr. Brown focuses his practice on personal injury. As a former insurance adjuster, he understands firsthand how the insurance company can and will take advantage of those unrepresented or who are represented ineffectively. Oftentimes, Joseph can anticipate the insurance company’s angle before they even assign the adjuster. In fact, he has used this knowledge to successfully represent 1000’s of clients and gain membership to the esteemed “Million Dollar Advocates Forum” which is reserved for the top attorneys in America who have obtained a judgment or settlement for their client in excess of $1,000,000. At Accident Law Group, our entire firm handles only accident/injury cases. 100% of our work is building, arguing, and winning injury cases just like yours. It is what our founding partners named the firm, because accidents are all we focus on. Unlike other law firms that seem to work every kind of case from criminal, to social security, to family law, and maybe a little personal injury, we at Accident Law Group chose to focus on one type of law and do it better than anyone else. Accident Law Group was founded on the principle of providing our clients with exceptional face to face service from trustworthy, experienced attorneys.

https://lawleaders.com/directory-law_leaders/listing/joseph-brown/

HBF says a "sharpened focus" on fraudulent claims, more competitive contracting with healthcare providers, product refinements and strong investment returns have helped it deliver a net surplus of $93.7 million in 2018-19. CEO John Van Der Wielen said the result means the insurer is well-positioned to tackle the number one concern of many members. “We must make health insurance more affordable – and our performance this year will allow us to do that,” he said. HBF has had the lowest average premium increase of the nation’s five major health insurers over the past two years. “We can promise our members another very competitive rate next year,” said Mr Van Der Wielen. The insurer said its Business Integrity division conducted a review during the year of its internal processes to ensure it only pays benefits on legitimate claims and to identify and take appropriate action in cases of fraudulent claiming. "The division’s efforts this year resulted in $20 million in fraud and overcharging recoveries. 18 criminal prosecutions were completed during the year," it said. “We continue to work hard to negotiate more competitive rates with the major hospital groups, which will help keep member premium increases as low as possible,” added Mr Van Der Wielen.

https://healthdispatch.com.au/news/a-sharpened-focus-helps-hbf-deliver-healthy-surplus

Best Practices Medical Partners (BPMP), the holding company for Applied Medico-Legal Solutions Risk Retention Group (AMS RRG) and affiliated subsidiaries, has secured a US$40 million investment from Kilter Finance, a KKR-backed, insurance-focused specialty finance company to support AMS RRG’s underwriting growth and execution of its ongoing strategic initiatives. BMS Capital Advisory, the investment banking arm of leading independent specialist insurance and reinsurance broking group BMS Re, acted as the exclusive advisor to BPMP. In its advisory role, BMS Capital Advisory acted collaboratively and seamlessly with BMS Re’s Legacy Practice and Ratings Advisory Unit. Richard Welch, CEO of BPMP, said: “Led by BMS Capital Advisory and with the collective institutional knowledge and market experience possessed by BMS Group professionals, we were successful in attracting investment from an excellent source of capital in Kilter Finance. Leveraging 20 years of proven leadership in the professional liability market, our company has partnered with a specialist in the insurance and asset management sectors, and we look forward to continue our mission of providing high value medical liability insurance and enterprise risk management solutions to our current and future members.” Romulo Braga, CEO of BMS Capital Advisory, added: “BMS, as a whole, remains purposefully committed to identifying and delivering capital and risk management solutions in an effective, efficient, and agnostic manner. As such, we are very pleased to have facilitated this successful transaction, which is validation of BPMP’s market-leading executive team, insurance and distribution operations.”

https://www.haggiepartners.com/bms-capital-advisory-advises-best-practices-medical-partners-on-kilter-finance-capital-raise/

BIOFIRE® Syndromic Trends TURN BIOFIRE® SYSTEM RESULTS INTO SMART PATHOGEN TRENDING Creating a global surveillance network that displays BIOFIRE® Panel test results from participating laboratories and hospitals around the world, BIOFIRE TREND allows users to explore epidemiology insights and better understand site-specific and regional pathogen trends and seasonality. Disclaimer: Product availability varies by country. Please consult your local bioMérieux representative for product availability in your country. - Trends Logo - Respiratory Pathogen Report - TREND Network - Registration Form What is BIOFIRE® Syndromic Trends? BIOFIRE® Syndromic Trends (TREND) is an epidemiology software feature that provides local and regional pathogen circulation trends on demand. Users can view pathogen trends for their lab as well as regional and national pathogen trends, all of which are created from de-identified data that has been aggregated with other participating institutions’ test data. BIOFIRE TREND delivers automatic weekly email reports and allows users to explore their data using BIOFIRE TREND’s online dashboard, which enables users to further explore their data by location, laboratory, or even chart type. Surveillance at your fingertips - Downloadable custom reports - De-identified data to protect patient privacy - Weekly notifications for local and regional epidemiology activity - Near real-time data collection and historical data access - Unlimited licenses to clinical website for data collection BIOFIRE TREND Network How Do I Join BIOFIRE TREND Network? This feature is available to BIOFIRE System customers, and connecting takes just minutes. Get the most out of your syndromic testing by signing up to join the BIOFIRE TREND Network today. BIOFIRE TREND Registration Form Please fill out the form below if you currently have a BIOFIRE System and would like to participate in BIOFIRE TREND.

https://www.biomerieux.com/corp/en/our-offer/clinical-products/biofire-syndromic-trends.html

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ørsted Insurance A/S (ORIAS) (Denmark). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ORIAS’ balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. ORIAS is the captive insurer for Ørsted A/S (Ørsted), a global sustainable energy group headquartered in Denmark. ORIAS’ very strong balance sheet strength assessment is underpinned by its risk-adjusted capitalisation, which is at the strongest assessment level, as measured by Best’s Capital Adequacy Ratio (BCAR). The company also benefits from a very conservative and liquid investment portfolio. Offsetting factors in the assessment include the company’s high dependence on reinsurance, although the risks associated with this dependence are mitigated partially by ORIAS’ longstanding relationship with its highly rated reinsurance panel. The adequate operating performance assessment reflects ORIAS’ track record of good but volatile underwriting results, as demonstrated by a 10-year weighted average combined ratio of 81.3% (2013-2022). In 2022, ORIAS reported a net loss of DKK 132.5 million (USD 19 million), due to unfavourable claims experience in the year combined with adverse reserve developments on prior year claims (2021: DKK 28.3 million [USD 4.3 million] profit, boosted by reserve releases). Underwriting performance is expected to improve in 2023, benefiting from higher premium income due to new construction projects underwritten by the captive, as well as insurance of a larger share of Ørsted’s operational renewables assets. Prospective performance is subject to volatility due to the company’s exposure to potentially large property losses, although moderated on a net basis by the captive’s comprehensive reinsurance programme. As a captive monoline insurer providing commercial property and construction insurance covers for Ørsted, ORIAS’ underwriting portfolio is concentrated by line of business but well-diversified geographically. ORIAS’ neutral business profile assessment also reflects its strategic importance to Ørsted. AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive. This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com. Copyright © 2023 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. +31 20 308 5428 Associate Director, Public Relations +1 908 882 2310 Dr. Mathilde Jakobsen Senior Director, Analytics +31 20 308 5427 Senior Public Relations Specialist +1 908 882 2318

https://business.ricentral.com/ricentral/article/bizwire-2023-10-27-am-best-affirms-credit-ratings-of-rsted-insurance-as

Bucharest, June 20th, 2012 – The Exim Romania (EximAsig Romania) Insurance-Reinsurance Company, whose majority shareholder is EximBank, has received from the part of the Insurance Surveillance Commission (CSA) the licence for the operation of two new insurance classes. Beginning from the 6th of June 2012, the Exim Romania Insurance-Reinsurance Company can subscribe risks from the following insurance classes: – Insurances for air transportation means (also including catastrophic nature risks); – Civil liability insurances for air transportation means. “The licence for the subscription of risks from the air transportation means is subscribed to the strategic vision to continue the company development. Until at present, we have succeeded in imposing ourselves on the guarantee insurance market, and due to the extension of subscription licences of last year, we have increased our portfolio with big-size customers from the field of civil and industrial constructions, of oil industry, retail and port operators”, declared Radu Frincu, chairman of the Company directorate. Initially licensed for credit and guarantee insurances, the Exim Romania Insurance-Reinsurance Company reached, within less than 2 years from the start of its activity, to be licensed for the operation of 10 insurance classes and to hold in its portfolio over 30 products afferent to these, among which the insurances of goods, equipments and facilities, insurances of civil and professional liability, CARGO, and, of course, insurances of credits and insurances of guarantees (for the participation in bids, for the good performance of the contract or for maintenance) etc. The company recorded as at 31.12.2011 a volume of subscribed gross premiums of 8,484,688 lei and a market share of 5.67% on the segment of guarantee insurances. “The insurances of air transportation means represent a specialized type of business, that is why this our most recent action wants to be the signal of a solid company, with strong international partners on the reinsurance part, that will also approach this niche segment in order to earn a portfolio” added Radu Frincu. The products of EximAsig Romania are addressed to the companies that operate in the fields of goods and industrial ones, road, naval, air transports, service suppliers, construction, exporters and to those in the IT industry.

https://www.eximasig.ro/en/public-info/press-releases/june-20th-2012-eximasig-romania-has-extended-its-activity-with-2-new-insurance-classes/

For over three hours on Sunday, NASCAR fans held their breaths and tried their best to send good vibes for the driver they wanted to win the race, and/or win the Championship. While three competitors came up short, it was Kyle Larson who stood under the confetti in the end. Fans who watched the TV broadcast experienced a higher-than-usual number of side-by-side commercials, a nice way to shine a light on the sponsors, yet keep the race on the screen. For those who like to know precisely how many regular commercials and side-by-sides there were, and how much time they took during the broadcast, here is this week’s breakdown. Look for the annual round-up of all the commercial stats for the season coming your way soon. Race and Commercial Breakdown of the 2021 NASCAR Cup Series Championship Race Start time to record race/commercial periods: 3:18 PM End time to record race/commercial periods: 6:47 PM Total minutes of complete race broadcast: 209 Minutes of race broadcast: 178 Minutes of traditional commercials: 31 Minutes of side-by-side commercials: 15 Total number of commercials: 108 Total number of companies or entities advertised: 48 Total number of traditional commercials (not split-screen): 67 Total number of companies or entities advertised: 42 Total number of ‘Side-by-Side’ commercials during the broadcast (split-screen): 41 Total number of companies or entities advertised: 18 Number of times NBC utilized ‘Side-by-Side’ commercials during the broadcast: 7 See much more at CawsNJaws.

https://www.jayski.com/2021/11/07/commercial-breakdown-2021-nascar-cup-series-championship-race/

Recognized as one of the best insurance agents in Denver. We are proud to announce that Three Best Rated ranked us as one of the top three insurance agents in Denver, Colorado. Check us out at ThreeBestRated.com! We’re delighted and honored to be recognized as one of the best insurance agents in Colorado. How We Won… At Denver Insurance, we work hard to get our clients the very best deals no matter what their insurance needs. It’s a vital service which we’re more than happy to provide. We value and appreciate it when our customers leave us such positive feedback on our Google Business Page and Facebook page. Those reviews, coupled with our history and track record as a local insurance insurance agent helped us rank as one of the top insurance brokers in Denver, Colorado! Thank you!!! How the process works In order to be considered a top 3 local insurance agency, we submitted our practice to their rigorous 50-point inspection process. Among the many factors considered were… - Customer reviews - History of the insurance agency - Services Offered - General excellence What does this means for our customers? This ensures that your trust in our Denver Insurance Team is well founded! We know that insurance is all about trust, and when using an insurance agent, you need to be able to trust that they’ll scour the market to find the right coverage that suits your unique needs, exceeding your expectations in both cost and coverage. We hope that this award helps demonstrate our commitment to finding you the best deal, always. We’ve been in business for 5-years now and we strive to exceed all expectations for local independent insurance brokers. We want to be the best independent insurance broker in Colorado. Get a FREE insurance quote from us and if we can save you money, give our service a try. We won’t disappoint! Just fill out the form below.

https://www.denverinsuranceteam.com/colorado-insurance-blog/2019/08/14/best-insurance-agents-in-denver/

Recently appointed as an Advisor for the American Law Institute Restatement of Law for Liability Insurance Anastasia (“Natasha”) Markakis Nye is a founding partner of Peters & Nye LLP. Ms. Nye spent the early part of her career at a large national law firm based in Chicago. For over 34 years, she has dedicated her career to representing and counseling international and domestic clients in the insurance industry. She specializes in all lines of professional liability insurance, including directors and officers, financial institutions, investment advisors, lawyers, actuaries, and employment practices, as well as commercial general liability, mass torts and products liability insurance. Ms. Nye provides counseling, policy drafting, claims management and claims resolution services to her clients. She has represented clients in the mediation of hundreds of cases during her career, as well as litigated and arbitrated cases in the United States, the United Kingdom and Bermuda. Her practice also includes advising reinsurers in claims evaluation and representing them in reinsurance disputes. She has engendered the respect of mediators and other industry professionals for her tireless efforts in obtaining creative resolutions to disputes through insightful and well-informed dialogue. Ms. Nye was recently elected to the prestigious American College of Coverage and Extracontractual Counsel. Industry professionals routinely seek Ms. Nye’s advice on policy drafting, case law developments, claim exposure analysis, and current litigation and industry trends. Served as coverage and monitoring counsel in hundreds of D&O securities class action and derivative cases arising out of, inter alia, the S&L crisis, the dot-com industry collapse, the mutual fund market timing scandal, the insurance company and broker contingent commission practices, stock options backdating and subprime lending and credit crisis. Counseled clients on numerous duty to defend policies issued to public, private and non-profit companies. Issued coverage opinions and served as monitoring counsel in hundreds of employment practice claims, including high profile sexual harassment suits against investment banks, wage and hour class action suits, and race discrimination cases involving Fortune 500 companies, as well as age discrimination and disability discrimination actions. Handled dozens of errors and omissions claims brought against financial institutions, insurance companies, investment advisors, insurance agents and actuaries. Investigated claims under insurance company errors and omissions policies, including claims of bad faith in numerous jurisdictions such as California, Texas, Florida, and West Virginia. Handled numerous claims under lawyers’ professional liability policies, including malpractice claims involving personal and corporate tax shelters, intellectual property and estate planning. Successfully rescinded policy and negotiated significant rescission discounts on numerous cases involving false financial statements and misrepresentations in application forms. Investigated hundreds of claims submitted under multi-year broad form communications liability and errors and omissions liability policy issued to a high tech company involving damages exceeding $1 billion and negotiated a complex global resolution. Arbitrated complex professional liability claims in confidential arbitration proceedings in Hamilton, Bermuda; London, England; and Zurich, Switzerland. Obtained summary judgment for insurer based on Insured’s breach of cooperation clause. Represented insurance client in several direct action suits pending in Louisiana involving a financial institution. General Liability / Products Liability / Mass Torts Served as national coverage counsel in Deepwater Horizon Oil Spill. Represented insurers in widely publicized pharmaceutical product liability matters involving Phen-Fen, diabetes drugs, anti-depressant drugs, non-steroidal anti-inflammatory drugs, phenylpropanolamine and thimerosal, among others. Served as national coordinating counsel and monitoring counsel on numerous mass tort products liability cases, including breast, hip and knee implants, automobile component defects (including SUV rollovers), hexavalent chromium, asbestos and silica, and latex. Negotiated a favorable resolution under a general liability policy involving a multi-million dollar pollution claim arising from an oil spill off the United States northeast coastline. Participated in confidential London-based arbitrations involving general liability coverage disputes. Successfully secured anti-suit injunction from the commercial Court in London, England. Successfully obtained dismissal of insurer client in coverage litigation based on a judgment reduction and arbitration clause. Other Distinctions / Memberships American Law Institute (ALI), Advisor, Restatement of Law for Liability Insurance American College of Coverage and Extracontractual Counsel Professional Liability Underwriting Society Leading Lawyers in Illinois Leading Women Lawyers of Illinois Editor-in Chief, The Ohio State Journal on Dispute Resolution Fluent in written and spoken Greek The Ohio State University School of Law (J.D. 1987) The University of Michigan (B.A. 1984, with Distinction)

https://petersnye.com/attorneys/anastasia-markakis-nye/

Commercial P&C insurance organizations manage the underwriting process with efficiency from submission-to-quote |Improved relationship with producer |Increase broker TNPS due to more clarity and better reaction |Reduced quote turnaround time |Better and bigger pipeline |Improved hit ratio due to better risk selection |Increased pipeline (submission) due better broker engagement |Reduce cost per transaction |Improved loss ratio due to more refined underwriting |Reduced misclassification of business |Improved underwriting experience |Better employee engagement The Convr Discovery Process Prioritization for Technology Adoption Our industry understands the urgency for digitization and innovation but getting there isn’t easy. Most of us become more committed to the hard work when we begin to visualize the benefits. The Convr Underwriting Command Center – designed and built by insurance professionals for insurance professionals – delivers an end-to-end commercial P&C insurance optimization solution. Our highly flexible, purpose-built, AI decisioning engine minimizes the inefficiencies of data collection, inconsistencies of data evaluation and decisioning, as well as the uncertainties associated with selection and pricing. Our platform improves customer experience, producer experience, underwriter experience and delivers operational excellence. But where should you begin your transformation? What is your greatest priority? Grow your business, reduce expenses, reduce errors, reduce uncertainty, improve user experience? We can help you get started with our Prioritization Model. Use Cases for Achieving Superior Underwriting Performance - Marketing Lead Lists - Clearance & Registration (ACORDs & Email) - Extracting Loss Runs, SOV's, Broker Forms, Supplemental data - Pre-Fill Business Identity & Business Class - Submission Prioritization - Submission Data Enrichment - FNOL (First Notice of Loss) - Risk Exposure Identification & Analysis - Book Enrichment - Historical Data Analysis - Renewal Book Material Change Detection - Book Roll/Re-pricing - Portfolio & Operational Insights - Underwriting File Consistency & Accessibility - Underwriting Process Rule Application Consistency - Workplace Safety & Commercial Auto Scores for Improved Risk Selection - Price Adequacy - Underwriting Efficiency/Productivity (STP) -- Reduce Turnaround Time & Increase Quote Capacity - Customer Experience - Updated/Improved Modeling - Workbench Co-function Companies focused on improving the renewals process by cutting through manual and tedious processes Convr offers a systematic approach to expedited renewal processing by dipping into our vast data lake filled with 184 million business entities and matching an entities’ current state of business to that of some prior period. From that, we surface material changes that can include added vehicles, locations and staff, as well as violations, added vehicles, new workplace exposures and more. Companies that need to increase underwriting productivity & speed to quote Prioritizing and reviewing submissions is often very manual and cumbersome, but d3 Risk 360 helps underwriters reduce time to quote. With d3 Risk Score, underwriters can rapidly narrow risks within their appetite and deep dive on selected risks via d3 Risk 360 (vs. Google search and DOT). Companies that need to reduce underwriting operating costs Convr’s implementations has seen a material reduction in operational cost across clearance, underwriting file preparation. Automation of these steps have helped our customers lower operational costs (FTE or BPO). Companies focused on growing premiums Increased underwriting productivity and speed-to-quote is expected to drive increased quote ratios, resulting in increased binds/new business. Companies that need to better calibrate risk selection High-performing d3 Score machine learning models inform risk selection, translating to better calibration of risk selection across the underwriting team. Companies focused on ensuring price adequacy When re-underwriting/re-pricing segments of a book of business is appropriate, d3 Score helps insurers identify the segments where they have an opportunity to review and adjust pricing to better reach their target loss ratio.

https://convr.com/solutions-copy/

Longitude Insurance celebrated its 10th anniversary last night with an evening of festivities held at The LinQ Bar in the Shelbourne Hotel in Sydney’s CBD. Longitude Insurance opened its doors in North Sydney on the 3rd of September 2012 and quickly built a reputation as one of Australia’s leading strata insurance specialist underwriting agencies. For the last 10 years, Longitude Insurance has been providing specialist insurance cover for residential, commercial and mixed used strata buildings. From our humble beginnings with only two staff members, Longitude Insurance now boasts a team of over 38 with a dedicated claims team of 18. Longitude has grown from strength to strength and in 10 years we have issued approximately 148,000 policies and insured over $662B in strata assets. As well as paying nearly 60,000 claims totalling in around $338M. At Longitude Insurance, we believe in Service Beyond Strata, which is why our team goes above and beyond to provide peace of mind and exclusive support for brokers. Longitude, with the backing of Chubb Insurance, is uniquely positioned and affords brokers with market leading, specialist strata insurance for Bodies Corporate. Our experienced and dedicated Claims team take prompt and immediate action when a loss has occurred and work closely with our panel of specialised service providers to handle claims quickly and efficiently. Thank you to everyone who attended our 10th Anniversary celebration. It was truly a night to remember! The Longitude Insurance team would like to take this opportunity to thank all our broker partners and staff for the last 10 years. It has been a great journey, and we look forward to many more years ahead!

https://www.longitudeinsurance.com.au/news-hub/longitude-insurance-celebrates-10-years/

Ivans Distribution Platform Expands to Support Cyber and More for Commercial Lines of Business July 13, 2023 Solution expands connectivity to enable more lines of business to be digitally quoted Milwaukee, WI. – July 13, 2023 – Ivans® today announced the expansion of commercial lines supported on Ivans Distribution Platform™ to rate, quote, and bind commercial policies. Along with Business Owner's Policy, General Liability and Workers' Compensation already live on the platform, Ivans Distribution Platform now also supports Cyber, D&O, E&O, Umbrella, Inland Marine, Professional Liability, Commercial Package, Commercial Property and Commercial Auto. Ivans Distribution Platform improves the commercial lines policy lifecycle and connects to Ivans’ open platform of commercial markets to provide customers automated appetite communication and digitized submissions and quoting directly to insurers and MGAs’ systems. The expanded solution paired with our Ivans Distribution Partners provides agents with streamlined, digital submission workflows to increase win rates and efficiencies around commercial lines business. “Carriers want to work in one place to manage their commercial rating connections and quoting, and Ivans Distribution Platform is that singular network that brings the connectivity and the agency distribution,” said Reid Holzworth, chief executive officer, Ivans. “With 12 lines now available, we are excited to broaden the available product panel for carriers and agents to automate more commercial lines workflows and continue making great strides in achieving our goal of providing digital submission options for all commercial lines of business.” # # # The Ivans logos are trademarks of Applied Systems, Inc., registered in the U.S. Ivans is where insurance carriers, agents, and MGAs come together to grow their businesses. Every day, our 34,000 agents and 450 carrier partners plug into technology that empowers them to better determine appetite and eligibility, swiftly produce quotes, get accurate claims and commission updates, automatically communicate policy data, and connect to one another to drive new business. With easier ways to get the day’s work done, insurance professionals can open the door to more revenue without letting complexity in behind it.

https://www.ivans.com/news/press-releases/2023/ivans-distribution-platform-expands-to-support-cyber-and-more-for-commercial-lines-of-business/

FOR IMMEDIATE RELEASE April 27, 2016 Allied Trust Insurance Company Chooses WaterStreet Company in Texas Rollout of Property & Casualty Insurance Offerings KALISPELL, Mont., April 27 — Allied Trust Insurance Company (ATI) has chosen WaterStreet Company to help provide comprehensive property and casualty insurance products, initially for ATI’s Texas customers. WaterStreet will assist ATI in customizing coverages and billing options while raising the bar on quality of service. Allied Trust president Brian Keefer said that his company wanted more than just a service provider. “As a start-up, we were looking for a partner that not only understood our business, but also could implement a solution quickly and efficiently with leading edge technology,” he said. “They would have to fulfill our one-stop-shopping philosophy with a bundled offering of homeowners, auto, flood and umbrella insurance. We found that WaterStreet’s comprehensive, full-service solution delivers all the tools and resources we need with a quoting platform that has excellent ease of use for both our agents and policyholders.” WaterStreet is a customer-service leader in the P&C industry, with an integrated system for handling policies and claims. The Montana-based company is a single-solution partner for both ATI and its customers, reinforcing ATI’s growth strategy without requiring increases in headcount or in-house computing power. “We’re excited about collaborating in the ATI Texas market initiative,” said Gregg Barrett, president of WaterStreet Company. “For ATI, Texas is a rapid-growth opportunity that we all hope will fuel expansions into other markets. WaterStreet will work side by side with ATI to ensure that their products and services remain flexible, adaptable and efficient.” About WaterStreet Company WaterStreet Company, based in Kalispell, Mont., supports the operational and technical needs of property and casualty insurance carriers. Combining the latest in real-time, rapid-response technology with a highly experienced team of service professionals, the WaterStreet solution encompasses all sales and service functions. As a result, WaterStreet clients work more efficiently, manage headcount and cost more effectively and find time to focus on core objectives. For more information, visit www.waterstreetcompany.com. About Allied Trust Insurance Company Formed in 2015 as an admitted, Texas-domiciled personal-lines insurance company, Allied Trust Insurance Company (ATI) currently offers homeowners and will soon begin to provide one-stop shopping with a bundled offering of homeowners, auto, flood and umbrella insurance in mid 2016. Led by an experienced team of industry professionals, ATI deploys industry-savvy exposure-management expertise, a critical factor in providing stable long-term insurance in catastrophe-exposed states. Allied Trust believes in forming strong partnerships with agents, service providers and, most importantly, policyholders, to provide the best service and security at the lowest possible cost. Visit www.alliedtrustins.com for more information.

https://www.waterstreetcompany.com/allied-trust-insurance-company-chooses-waterstreet-company-in-texas-rollout-of-property-casualty-insurance-offerings/

Citi has appointed Rajat Madhok as global head of Citi Commercial Bank credit risk. Prior to this, Madhok was Asia-Pacific head of Citi Commercial Bank – a role he took up in 2019. Madhok’s appointment follows a number of Asia-based senior bankers who have moved on to take global or US-based roles at Citi, including Anand Selva, chief executive officer of personal banking and wealth management; Gonzalo Luchetti, head of US personal banking; and Valentin Valderrabano, global chief operating officer for Citi global wealth. In his new role, Madhok will relocate to New York from Hong Kong and will have risk management oversight, including wholesale credit risk, for Citi Commercial Bank. Madhok joined Citi in India in 1996 where he held various roles across corporate banking and commercial banking. In 2011, he was named Citi Commercial Bank head for India. During his term as Asia-Pacific head of Citi Commercial Bank, Madhok led Citi’s commercial banking business across 11 markets in the region and delivered consistent growth for the firm despite the challenging operating environment over the past few years. In 2021, Citi Commercial Bank in Asia-Pacific contributed to 41% of the business’ US$2.7 billion in global revenues, making the region the largest revenue contributor for the business globally.

https://wwww.theasset.com/article/48894/citi-names-global-head-of-commercial-banking-credit-risk

top of page ICONIX is an outsourced Insurance marketing firm, dedicated to insurance agents and Development Officers since 2001. Our mission is to help insurance agencies evolve by creating long-term growth and value through strategic marketing. The ICONIX GOLD packages exist to help individual insurance agents & Development Officers succeed now and in the future. We believe in the enduring value of independent agents. No other channel offers consumers the combination of ease, choice, and advice they need to make smart decisions. However, the insurance industry is rapidly changing. As technology evolves and customers’ needs shift, Agents / DO's must adapt to ensure long-term growth and success. We created the ICONIX GOLD concept & service for all individual Agents & DO's for better marketing & capture today's customers with full exposure. Team ICONIX recently surveyed 1000 individual agents about their perspective regarding how their roles and business priorities are evolving, as well as their thoughts about changing customer needs and how technology and societal changes may impact how they do business in 2022. SMART MARKETING I DONE RIGHT | BY PEOPLE WHO KNOW INSURANCE OUR FOUR BIG BETS ON THE FUTURE OF INSURANCE Team Iconix & Team Iconix Gold works hard every day to be the carrier champion of the independent agent. That commitment to Agents is reflected in four core investments we are making. We believe these initiatives will help every agent compete effectively today, prepare for the future, and further strengthen our partnership. We believe Individual Agents are strategic advisors who can help consumers protect many aspects of their lives – not just their life,health , car or home. So we’re committed to helping Agents adapt to customers’ rapidly changing preferences for how and when they want to do business. How do we do that? By providing easy, time-saving digital tools, 24/7 customer service options and new, innovative products. Independent agents are at the heart of everything we do. Some agents are willing to grow their brand image to stand out from the crowd, whereas few willing to achieve MDRT or higher rank by maintaining strategic branding & marketing planning. We are committed to making it easy to do business with us and quickly delivering the expertise Agents need to be successful. Strengthening our digital capabilities is key to our promise to provide agents and their customers with a first-class experience. Our deep investments in technology will bring the next generation of digital tools to life for agents and their customers. It’s not a question of if the insurance industry is being disrupted, it’s a question of when and by how much? Regardless of how insurance evolves over the next few years, we believe agents will continue to play a critical role in helping consumers protect what matters most. We are honored that agents voted ICONIX as the #1 carrier for innovation and we are committed to working with them to better understand the future needs of customers and provide effective solutions. bottom of page

https://www.iconixgold.com/who-we-are

St. Paul, Minn. – North Risk Partners, one of the largest independent insurance agencies in Minnesota, has acquired Corneil-Elkjer Agency, a tradition-rich, 74-year-old agency based in Willmar, Minn. The deal, effective Aug. 1, grows North Risk to 14 locations statewide, from Roseau in the North to Rochester in the South. “Because the industry has become more and more complex, the decision to join a larger, likeminded organization made sense,” says Chad Christianson, who co-owned Corneil-Elkjer with his partner Tom Corneil. “Our clients now have access to more insurance products, as well as valuable prevention resources to help mitigate avoidable losses. We’re excited to be able to do more for our clients.” “As North Risk Partners continues to grow its brand throughout the state, moving into Western Minnesota was critical,” says North Risk Partners President and CEO Chris Meidt. “The Corneil-Elkjer philosophy of client-focused, value-driven relationships is a great fit for us, and Tom Corneil, who is a Bethel University graduate, former teacher, and tremendous sports enthusiast, gave me great confidence this partnership would work on a personal level as well.” Meidt himself is a Bethel alumnus who spent the majority of his career coaching football at the professional, college, and high school level. Prior to joining North Risk, he obtained his MBA from the University of Minnesota’s Carlson School of Management and was a market manager for Walmart. Christianson and Corneil will remain in sales roles with the agency, now co-branded under the name North Risk Partners – Corneil-Elkjer Agency. Christianson’s wife, Becky Christianson, and Sara Bennett will continue to support clients in service roles. North Risk plans to continue its expansion into Western Minnesota, hoping to foster more partnerships like Corneil-Elkjer. About North Risk Partners North Risk Partners is a top ten Minnesota independent insurance agency with 14 locations statewide, including Albany, Baudette, Hastings, Lake City, Mankato, Melrose, Monticello, Red Wing, Rochester, Roseau, St. Cloud, St. Paul, Thief River Falls, and Willmar. North Risk’s advisors deliver customized insurance solutions to businesses and individuals, and act as each client’s strategic partner for reducing risk. For more information, visit www.northriskpart3.wpengine.com.

https://northriskpartners.com/north-risk-partners-acquires-corneil-elkjer-agency-willmar/

Thomas Insurance Advisors recently hired Tom Materniak as an insurance broker. In this position, his responsibilities include selling commercial and personal lines property and casualty insurance and life insurance. Materniak has his Commercial Lines Coverage Specialist (CLCS) designation from The National Underwriter Co. Prior to joining the company, he had a successful track record selling insurance for national insurance corporations. He previously worked in the banking, financial services, and human resource industries. Thomas Insurance Advisors is a full-service insurance agency that specializes in auto, home, life and commercial insurance. Founded in 2007, the agency is owned by Gary Thomas and is located at 300 Chesterfield Center in Chesterfield, Mo. Thomas Insurance Advisors is a member of Valley Insurance Agency Alliance (VIAA), a cohesive family of nearly 100 independent insurance agencies in Missouri and Southern Illinois. “We are very excited to have Tom join our agency,” said Thomas. “His insurance industry expertise will enable us to grow, as well as continue to efficiently serve our existing clientele.” Founded in 2006, VIAA is located at 7745 Carondelet Ave. in Clayton, Mo. The alliance generates more than $125 million in written premium and is the regional founding member in Missouri and Southern Illinois for the Strategic Insurance Agency Alliance (SIAA), a $6 billion national insurance coalition. SIAA, which is the nation’s largest partnership of independent insurance agencies, consists of the highest caliber of firms that share a leveraged strength with their carrier partners and industry resources. For more information about Thomas Insurance Advisors, visit http://www.thomasinsuranceadvisors.com or call (636) 536-2229.

https://viaa4u.com/thomas-insurance-advisors-adds-a-producer/

(Image credit: Nik Ramzi Nik Hassan/Unsplash.) Arturo (Chicago), an AI-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, has announced a new portfolio-level risk engine designed to help property insurers segment, monitor, manage and respond to risk across an entire portfolio. Arturo characterizes the new risk engine as a dynamic, role-based portfolio management solution that pairs policy addresses with AI-derived property characteristics to give insurers intelligence at scale. The solution layers various lenses, including a property lens and a portfolio lens, to deliver tailored views for the user to make tactical and strategic decisions across the policy continuum, according to the vendor. From visualizing risk in underwriting, flagging change detection for renewals, and triaging claims, insurers are able to leverage these insights to build a stronger book and nurture healthy combined ratios, the Arturo announcement says. “Today’s insurers are measured on one KPI above all: the combined ratio–the measurement of gains against losses,” comments John-Isaac “jC” Clark, CEO of Arturo. “The damaging effects of climate change coupled with an increasingly competitive marketplace are challenging insurers, who often have access to tremendous amounts of data but grapple with how to operationalize it and adjust their business activities in response. Arturo’s engine enables insurers to think big for portfolio-level decisions but zoom in for point-level tactical decision-making to boost their combined ratio and decide with intelligence.” This solution will be powered by Arturo’s latest deep learning models and it aims to help insurers solve the following use cases, as described by the vendors: - Automated underwriting: Monitor changes to a property including the addition of structures (e.g., pool, trampoline, decks, solar panels and more) and changing risk factors (e.g., roof deterioration, roof-tree overlap, fall-in risk, and others) to automate bind and renewals and divert those that need further validation to elevated underwriting professionals or inspectors. - Premium coverage optimization: Quantify the number of underinsured properties in your book by comparing policy information to current property details and risks. - Proactive risk mitigation: Send targeted communications to policyholders that could benefit from mitigative actions to decrease their risk and improve their experience. - Monitoring trends: Analyze and plan at the local level to get insights on new patterns like distribution of brands, policy types, or geographic concentration of attributes including roof condition, solar panels, and tree overhang. - Claims triage: Explore claims distribution geographically, associate ongoing claims to weather events, and prioritize resources based on the level of need to reduce costs and increase customer loyalty and retention. - Resilience planning: Plan for worst-case scenarios and underwrite risks that complement your tolerance. Understand material distribution and frequency to prepare and capitalize for costs around claims. Arturo is inviting select carriers who are interested to participate in its beta program prior to the general release later this year for the United States, Canada and Australia.

https://iireporter.com/arturo-expands-offering-with-an-intelligent-portfolio-level-risk-engine/

Risk Management: An Integris Webinar Guide Risk Management isn’t as scary as it sounds. Let our vCISO team explain… Wednesday, January 31 1 PM EDT / 12 PM CDT 11 AM MDT / 10 AM PDT Join us on January 31st at 1 p.m. Eastern Time for an insightful webinar on Risk Management. In this session, we’ll delve into key strategies and best practices to identify, assess, and mitigate risks effectively. Whether you’re a seasoned professional or new to the concept of risk management, our expert speakers will provide valuable insights to help you navigate the complexities of risk in today’s dynamic business environment. Don’t miss this opportunity to enhance your risk management skills and gain a competitive edge. Reserve your spot now for an engaging and informative session that could make a significant impact on your organization’s success. Our vCISO team will be talking about: - Risk Identification - Risk Measurement and Assessment - Risk Mitigation - Risk Reporting and Monitoring - Risk Governance - And more! Don’t miss out, register today! Information Security Operations Manager CISSP, Lead vCISO

https://integrisit.com/resources/events/risk-management-webinar-guide/

Prime Brokerage on the Move Cantor Fitzgerald is once again announcing an expansion of its prime brokerage biz. "Whether it's via acquisition, joint venture or hiring new talent, we are growing domestically and expanding into Europe in 2012," said Noel Kimmel, Cantor's senior managing director and global head of prime services, in a press release. The plan is to establish a London presence to handle non-U.S. clients. Currently, Cantor's clients are handled from their U.S. office. Currently, the prime brokerage business has about 30 staffers. In February, Cantor stepped up its prime brokerage efforts with the hiring of the management team of PCS Dunbar Securities. PCS Dunbar's office in Purchase, New York took on the Cantor Fitzgerald name. Lightspeed Financial is adding prime brokerage to its current offerings of ultra low latency direct market access trading technology, risk management solutions and brokerage services for professional retail traders and institutions. Lightspeed Institutional will offer electronic and voice access to industry pros and traders, prime brokerage, reporting and commission management. In a press release, Andrew Actman, chief strategy officer for Lightspeed Financial, noted, "The decision to expand into prime brokerage stems from our desire to meet the demands of a growing number of sophisticated investors who have grown dissatisfied with the level and cost of service they are receiving from some of the bigger players in the space." The growth in the space also included Bank of America, which added senior staffers to prime brokerage. JPMorgan Chase rolled out prime brokerage for European hedge funds and also announced an Asian effort in 2012.

https://www.efinancialcareers.com/news/2011/10/prime-brokerage-on-the-move

In the rivalry between Progressive and State Farm, there is a clear leader based on GDWP. When it comes to the largest auto insurance company, there are many ways to measure leadership, but it’s clear to most people that the biggest insurer is either Progressive or State Farm. Based on gross direct written premiums, it appears that there was a change in the top spot. Gross direct written premiums (GDWP) for global auto insurance companies last year rose to about $822.5 billion. That year, Progressive managed to overtake State Farm and became the largest car insurer in the world, according to the results of a new study released by the Insuramore industry marketing and consulting firm. Also in the top 5 in the world were Berkshire Hathaway from the United States, as well as PICC and Ping An from China. The study results also revealed that there were quite a few insurers struggling to see significant GDWP growth in this market last year. As a result, they have experienced reduced profitability throughout this year’s claims inflation, which was notably higher than anticipated. Still, some auto insurance company results did show strong, double-digit growth throughout 2021. According to the auto insurance company study results, there were some insurers that saw notably growth last year, including Sampo, due to its Hastings Group acquisition. Also in that category were Skyfire and Root, which each saw double-digit organic growth. Though Root is still loss-making, Skyfire has been profitable for several years now. Last year was the first time that it was ranked among the top 200 groups in the world based on auto insurance company GDQP. “Belonging to First Central Group, an insurance distribution and technology enterprise active in the US and focused principally on selling through online marketplaces (a.k.a. comparison sites), the progress of Skyfire illustrates how there is scope for competitors with an apt and genuinely differentiated proposition to take on incumbent underwriting groups even in a relatively mature and tough sector such as auto insurance,” read a statement released by Insuramore regarding its study findings. The study report pointed to a factor that will be central to this market in the future and that will help to define trends moving forward, which is the participation of auto manufacturers in coverage.

http://www.liveinsurancenews.com/largest-auto-insurance-company/8555141/

Paper and pulp industry Early fire detection system with targeted extinguishing Paper and pulp industry Paper: the sustainable, highly flammable raw material of tomorrow Waste paper is the top fiber raw material, and not just in the German paper industry. Recycled paper is being used in and added to many paper products, and increasingly more products are completely dependent on recycled paper. This is unsurprising because paper recycling is resource-saving, sustainable and in keeping with the times. In the paper industry, waste paper is often delivered as bales or in loose form. Waste paper merchants make the bales by compressing purchased waste paper. Processing companies also compress waste and scrap paper using baling presses. To ensure quality, manual visual sorting often takes place prior to pressing. Danger due to high fire load When dry, raw waste paper poses a high fire hazard and has a high fire load. If the material ignites during processing or while being stored in mass quantities, the entire operational processes, buildings, machinery and equipment required for production will quickly be at risk. To avoid damage and production downtimes, detecting potential fire hazards at the earliest possible stage is therefore crucial. PYROsmart® early fire detection system – the advantages - Quick overview of the monitored areas by video and infrared panoramic imaging - Early detection of potential fire hazards - Precise localization of dangerous hotspots - Tracking loading and unloading (to identify the material causing a fire) - Fully automatic control of targeted cooling and/or extinguishing - Minimal use of extinguishing agents and low disposal costs - Fire-monitor extinguishers can be manually taken over by firefighters at any time - Transparent operation and option for early intervention by organizational fire protection already in the event of pre-alarms - Complete thermal documentation Reliable early fire detection – indoors, outdoors, anywhere Many companies from the paper and recycled paper industry have been using the intelligent infrared early fire detection system PYROsmart® for years. Individual company requirements vary, but the goal is always the same: ensuring the earliest possible full-coverage detection of potential fire hazards in large outdoor storage areas or semi-open facilities. PYROsmart® detects critical temperatures (so-called hotspots) in bale storage, as well as in storage containers with loose paper, enabling it to react much quicker than conventional fire detection technology. PYROsmart®’s most impressive feature is its precision localization of potential fire sources in a full infrared panoramic overview. This takes place automatically. In the event of an incident, it is also possible to trace which waste paper bale caused the hazard. The localizing option even makes it possible under certain circumstances to reduce spacing between storage stacks and thus make better use of the storage area. A specially developed software algorithm, optimized over many years, differentiates between real fire hazards and everyday heat sources, such as those caused temporarily by vehicles, loaders, etc. This results in the secure and automatic detection of hotspots or fires at the earliest possible stage, as well as in very low false alarms. Operations continue to run smoothly and according to plan. PYROsmart® areas of application - Outdoor paper bale storage - Bale storage in semi-open facilities - Indoor areas with loose paper in chutes and bunkers - Storage locations for finished paper products (e.g., roll storage) Get in contact Early extinguishing reduces downtime The specialized PYROsmart® extinguishing software can control existing fire-monitor extinguishers from all common manufacturers and cool and/or extinguish hotspots in a targeted, pinpoint manner. Pinpoint extinguishing protects unaffected areas and therefore reduces operational downtimes and production stoppages. If a fire spreads despite early detection, the PYROsmart® extinguishing software controls targeted extinguishing until firefighters arrive and take over extinguishing from outside.

https://www.orglmeister.de/en/early-fire-detection-paper-storage/

Prevention first, life first - Sichuan JIangyou Yushu Yeshili Reflective Material Co.,Ltd carries out fire safety training and drills November 9, 2023 It’s the 32nd National Fire Protection Day This year’s fire protection theme is "Prevention first, life first" In order to further enhance employees' fire safety awareness, improve emergency response capabilities, and effectively prevent the occurrence of fire accidents, Sichuan JIangyou Yushu Yeshili Reflective Material Co.,Ltd launched a fire safety publicity campaign on November 9, with the theme of "Prevention First, Life First" It is deeply rooted in the hearts of the people, effectively enhances the fire protection awareness of corporate employees, and creates a safe working environment. Combining the "three preventions" in winter with the actual situation of the company, the company's general department teaches fire safety knowledge to employees, so that employees can master and understand fire prevention, fire extinguishing and escape and self-rescue skills, and improve their awareness of self-protection. On the afternoon of November 9th, all employees learned fire safety knowledge and conducted fire drills. Fire Awareness Month The Ministry of Public Security issued a notice It will be on November 9th every year Designated as "119 Fire Protection Awareness Day" Starting from 2018 The "119" fire protection day publicity activity Expanded into National Fire Protection Awareness Month event Through the activities of the Fire Protection Awareness Month, employees' fire safety awareness will be enhanced to achieve the goal of "everyone participates in fire protection, everyone understands fire protection, and everyone pays attention to fire protection", and lays a good safety foundation for the company's high-quality development.

http://en.scysysl.com/news-detail/39.html

We’re delighted to announce that our practice manager, Jen Bettridge, is Insurance Business Awards Broker of the Year – Authorised Representative and Australian Insurance Broker of the Year 2022! Australian Insurance Broker of the Year In fact, Jen was one of six finalists in the running for the Broker of the Year – Authorised Representative category. She subsequently beat four other broker award category winners to secure the title of Australian Insurance Broker of the Year. Clear Leader Jen Bettridge said, “I owe my awards success to my client-first approach. I believe in giving clients professional advice that supports their business interests.” Jen uses 25 years of general insurance experience to lead our talented Clear Insurance team. Jen says, “Of course, we pride ourselves on providing exceptional customer service. So, we mentor our team through industry qualifications and ensure they access the ongoing professional development they need to deliver exceptional service and advice to clients.” Get Clear on Insurance We use over 75 years of general insurance expertise to support local business growth across Brisbane and beyond. “In short, we dedicate our time to making risk and insurance easy for business leaders to understand”, says Jen. “For example, we are active within our business networks offering advice and mentoring business leaders, so we tackle the detrimental impact underinsurance has on business stability.” “It’s heart-warming to see the difference building confidence in managing risk and insurance has on business owners and their business. Naturally, we make it easy to protect livelihoods through our risk reviews,” says Clear Insurance Managing Director, Lisa Carter. Contact us today and take the first step towards better understanding your risk and insurance needs.

https://clearinsurance.com.au/australian-insurance-broker-of-the-year/

Brazil’s insurers expect to post 12.5% premium growth for this year – 7.6% real growth discounting inflation – with 265bn reais (US$30bn) in accumulated premiums up to September. Total premiums comprised 52bn reais in P&C; 91.5bn reais in personal insurance; 15.7bn in savings bonds; and 106bn reais in complementary health insurance, the local confederation of insurers CNseg said on its website. For 2016, CNseg projects nominal growth in premiums of 10.33% – real growth of 6.8%. “The crisis hits us, but we remain quite optimistic,” Jayme Garfinkel, interim president of CNseg, was quoted as saying by insurance news outlet Sonhoseguro. Up to September, insurers had paid claims and funds withdrawals for around 82bn reais in insurance and pensions, and an additional 89bn reais in expenses related to complementary health coverage. The optimism of the sector comes from the potential awaiting to be tapped, CNseg said. “Every day the newspapers advertise the sector by telling people about the tragedy of Mariana [Samarco dam burst disaster], for instance. That kind of news makes people take out protection,” Garfinkel was quoted as saying. Some companies already have products for times of crisis such as six-month car insurance policies, launched by BB Mapfre.

http://www.brics-info.org/brazil-insurers-optimistic-despite-economic-gloom/

SINGAPORE - Premiums in the top-up portion of the Integrated Shield Plan for ward classes B1 and A in public hospitals will not increase for a year after MediShield Life is implemented, the Life Insurance Association (LIA) said on Wednesday. LIA president Dr Khoo Kah Siang said the five Integrated Shield Plan (IP) insurers are committed to not increasing the top-up portion of premiums for plans covering those two classes. "This will allow for a smooth transition as all renewals of these IPs during the one-year period will see no increase in the premiums for the top-up portion," he said. Insurers will re-examine the plans thereafter to ensure that top-up benefits remain relevant in meeting the needs of Singapore residents, he added. Currently, the top-up premium for Class B1 plans are up for review as part of discussions with the Government to develop key features for a standardised IP focused on Class B1 coverage, said Dr Khoo. For plans covering private hospitals, IP insurers will take into account the effect of MediShield Life benefit enhancements as well as other factors including past claims experience, projected future medical inflation rate and claims usage, he said. Dr Khoo added that the commitment to not raise top-up portion of premiums is "based on the assumption that there is no significant change to the regulatory and competitive environment".

https://www.straitstimes.com/singapore/health/premiums-in-top-up-portion-of-integrated-shield-plans-will-not-increase-for-1-year

Willis acts swiftly on favourable legislative changes regarding foreign investment in the insurance sector Willis has bought a 49% stake in leading Indian broker Almondz Insurance Brokers Private. The joint venture will combine Willis’s global network and expertise with Almondz’s wealth of experience in India. The deal is subject to regulatory approval and the terms of the agreement have not been disclosed. Almondz has a wholly owned subsidiary engaged in reinsurance broking services, which means Willis will be able to offer insurance and reinsurance services in the Indian market upon the closure of the transaction. The move follows recent legislative changes in India that increased the Foreign Direct Investment cap in the insurance sector from 26% to 49%. Willis Asia regional chief executive Adam Garrard said: “We are delighted to partner with Almondz, with whom we have a solid relationship based on mutual trust and respect. We are excited about the prospect of continued growth and development in the Indian insurance sector. “This joint venture enables us to fully participate in this dynamic market and to provide our global clients with the levels of service and expertise that they expect from Willis’s operations around the world.” Almondz managing director Rohit Jain said: “It is a great pleasure to announce the signing of definitive agreements for a joint venture with Willis − a company with a rich heritage in the insurance industry. It is a credit to all my fellow associates that such a world-renowned broker has decided to form this partnership with Almondz. “I am confident that the combination of our Indian experience and footprint, coupled with Willis’s deep risk and insurance expertise and global reach, will reap great benefits for our clients, our staff and the insurance sector in India.” Almondz has close to 300 associates in nine offices in India serving clients with a broad range of products and services across diversified industries and segments.

https://www.strategic-risk-global.com:443/willis-to-target-emerging-market-with-a-49-stake-in-a-leading-indian-broker/1411918.article

Frequently Asked Questions Financial Stability Ratings® (FSRs) What is a Financial Stability Rating® (FSR)? An FSR summarizes Demotech, Inc.’s opinion as to the financial stability of a risk-bearing entity. It is assigned after an extensive process of financial analysis. FSRs are primarily based upon an insurer’s financial information and also consider certain qualitative information. Where can I find definitions of each Financial Stability Rating® (FSR)? The definitions of FSRs can be accessed by clicking here. Also, when viewing a company’s information page, simply click on the FSR Seal and you will be linked to the definition of that FSR. How current is a company’s Financial Stability Rating® (FSR)? Only current FSRs are posted on our website. These FSRs reflect ongoing review and analysis of up to date company information. Due to reporting, submission and processing lags, the posted financial information is not necessarily reflective of the information used in our analysis. To which companies does Demotech assign Financial Stability Ratings® (FSRs)? Demotech provides Financial Stability Ratings® (FSRs) to Property & Casualty insurers, Life & Health insurers, Title underwriters, and other insurance companies. Insurance companies interested in obtaining a Preliminary Financial Stability Rating® may contact Demotech and engage in our rating and review process. FSRs on our website are displayed only for those companies that choose to participate in Demotech’s rating and review process and finalize a rating. The company information listed on our website, which is presented for all companies, is public information. What is the process to finalize a Financial Stability Rating® (FSR)? Demotech will obtain and review necessary information about the insurance company. Our Preliminary Data Request requirements vary based on a number of factors, including the type of insurance company (e.g. P&C, Title underwriter, risk retention group, public entity insurance pool, etc.) and operating history (e.g. newly capitalized insurer or established insurer). In addition to evaluating established insurers, Demotech has an established process to evaluate newly capitalized insurance companies. Typical information reviewed by Demotech for an established insurer may include: - Quarterly and annual statutory financial statements - Management discussion and analysis - Statement of actuarial opinion - Actuarial opinion summary - Audit report - Reinsurance information Typical information reviewed by Demotech for a newly capitalized insurer may include: - Biographical information on principals, key employees or service providers - Administrative agreements with principals and third parties - Job descriptions or summaries of the duties of key personnel - Pro forma financial statements and business plans submitted to the State of domicile - Proposed underwriting guidelines and application - Initial rate, rule and form filings and underlying information - Claims department procedures and practices manual - Investment guidelines - Reinsurance information - Proposed marketing and sales materials - Producer contracts including commission structure and contingency commission criteria - Catastrophe modeling report and analysis of base rates, rating territories, when applicable - Other information to familiarize us with the company and its operations. After Demotech’s review and analysis process is completed, the company will be presented with the opportunity to finalize the assigned Financial Stability Rating®. Where can I find the Financial Stability Rating® (FSR) for a particular company? You can search our site to view our companies here How do I contact a company listed on Demotech’s website? We cannot provide contact information for insurers that do not finalize their FSR. All of the information we have available is published on our website. For those companies that have finalized their FSR, we provide a link to their website. Assumed Reinsurance Premium Ceded Reinsurance Premium Direct Premium Written Gross Premium Written National Association of Insurance Commissioners (NAIC) NAIC Company Number Net Premium Written Negative Net Premium Written

https://www.demotech.com/about/faqs/

The Commercial Appeal The Commercial Appeal is a newspaper that produces a host of specialized coverage. Information about The Commercial Appeal Company CategoriesNewspapers & News Services), Breaking News), Media & Internet), Sports), Publishing), Business), Search Engines & Internet Portals), Entertainment), Advertising), Digital Marketing), The Commercial Appeal executive employees Frequent questions about The Commercial Appeal How many employees does The Commercial Appeal have? What is The Commercial Appeal's industry? Where is The Commercial Appeal headquarters located? What is the website of The Commercial Appeal? Critical Force Entertainment Ltd is a Finnish indie game development studio founded in 2012. Critical Logic provides enterprise to deliver quality business systems using technology, modeling principles, and automation to validate. Lacrosse Unlimited is a retail company that provides lacrosse equipment, apparel, and footwear. Critical Electric Systems Group is a construction firm dealing in medical, commercial and industrial facilities. LACO Associates is a civil engineering company specializing in the development, infrastructure, and geoenvironmental consulting services. Connect Group is a specialist distribution company, which offers market-leading expertise in a range of industries. Critical Mass is a digital experience design agency with a relentless focus on the customer. Connect Meetings is a market leading US business travel and meetings event organizer. LaCrosse Footwear is a manufacture of heavyweight yet comfortable hunting footwear. Connect Realty Northwest is a real estate firm headquartered in Texas. Kendo does not guarantee or claim any of the information found on this public directory to be 100% accurate or up to date.Information found here is gathered from a variety of online and offline sources. If you wish to exclude your personal data from this public directory send us an email to [email protected]

https://kendoemailapp.com/company/company/24209

|Function: Commander in Chief of God Master |"Whatever my destiny may be, I continue to fight, as long as Destrons exists." The ultimate Cybertron warrior, born of the "Super-God Combination" of Super Ginrai and Godbomber, whom it took all the power of the Cybertron space warrior Grand Maximus and the Cybertrons on Earth to build. As weapons, he has the God Punch, which he fires the armors of both his arms, a God Cannon which fires big shells from his right shoulder, and more. But his greatest God Master ability is the SUPERSOUL power born from the origin of human mental energy especially at its most powerful level: SUPERSOUL FIRE GUTS, which represents the final stage of God Ginrai's spirit and displays unrivaled power. God Ginrai (Fire Guts) Images God Ginrai (Fire Guts) Toy Information |February 2002 (2002) Masterforce God Ginrai, Reissue God Ginrai, Commemorative Series Powermaster Optimus Prime, Generation 1 Powermaster Optimus Prime, Masterforce Super Ginrai, Nucleon Quest Super Convoy, Masterforce God Bomber |E-Hobby & Other Cybertrons |Apex Bomber, Ginrai, God Ginrai, Godbomber, Optimus, Optimus Prime, Powermaster, Prime, Super Ginrai |Additional Toy Info Sold exclusively through E-Hobby in February 2002. Limited edition of 2000 pieces. God Ginrai (Fire Guts) Parts Information |City/Fort/Battle Station, Truck God Ginrai (Fire Guts) Additional Info The original, official translation of the bio, included as a part of the set, was rather awkwardly translated: When the Cybertrons soldier [GRAND MAXIMUS] in space and God Bomber which was made with the whole power of Cybertrons on earth [SUPERGOD-UNITE] as SUPER GINRAI this strongest Cybertrons soldier is born. As a weapon, He has a God Punch which he fires armed armors of his both arms, a God Cannon which he fires big shells in his right shoulder, and so on. But the biggest ability of God Master is the SUPERSOUL power as the origin of human mental energy, especially, the most powerful performance: SUPERSOUL FIRE GUTS, which appears at the climax of GOD GINRAI's spirit, displays the unrivaled power. He is the ultimate soldier honored with the name of Super God Master.

https://toys.tfw2005.com/god-ginrai-fire-guts-2661

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CICA presents annual awards to Johnson Lambert partner Bowers and ACIG The Captive Insurance Companies Association (CICA) has presented its distinguished service award to Gary Bowers, tax partner at Johnson Lambert and Co, and its outstanding captive award to American Contractors Insurance Group (ACIG). This was announced at the opening general session at the CICA annual conference in Tucson, Arizona. CICA’s distinguished service award recognises individuals or organisations that have made significant contributions to advancing the captive insurance industry. The 2018 award went to the European Captive Insurance and Reinsurance Owners’ Association (ECIROA), and 2017’s award went to Karin Landry. Bowers joined Johnson Lambert in 2001 and helped grow its North Carolina office with founding partner Debbie Lambert. He is said to be instrumental to developing the firm’s tax practice for 15 years. The association’s outstanding captive award recognises creative uses of a captive or risk retention group, along with captives that have been successful in managing itself in terms of net results and usefulness to its owners. 2018’s award went to Energy Insurance Services (EIS), and 2017’s award went to Fiat Lux Risk and Insurance Company. ACIG is a group captive that started in Bermuda in 1981, and provides direct workers’ compensation, employers liability and general liability. It serves 38 group members which are all privately owned construction companies.

https://www.captiveinternational.com/cica-presents-annual-awards-to-johnson-lambert-partner-bowers-and-acig-2737

The American Insurance Association, Insurance Europe, and the American Council of Life Insurers have reiterated their support for the full inclusion of insurance and other financial services in the Transatlantic Trade and Investment Partnership (TTIP). Collectively, these bodies represent the life and non-life insurance sectors in the US and the European Union (EU). Insurance Europe said transatlantic trade and investment benefit those on both sides of the Atlantic by stimulating economic activity, job creation and competitiveness. Insurance Europe said The TTIP can increase insurance trade and investment between the US and the EU, set a high standard for future trade negotiations with third parties, and facilitate dialogue between regulators on both sides of the Atlantic. The transatlantic insurance industry continues to support the recently launched negotiations for an international "covered agreement" on specific insurance prudential matters, as well as the Financial Markets Regulatory Dialogue and bilateral Insurance Dialogue Project. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Your download email will arrive shortly Not ready to buy yet? Download a free sample We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData However, it believes that the TTIP offers an opportunity to create enduring structures for broad, ongoing regulatory cooperation that builds upon these other existing regulatory dialogues. The next TTIP negotiating round will occur the week of 11 July, with services-specific TTIP negotiations to follow the week of 18 July. Insurance Europe is the European insurance and reinsurance federation. Through its 34 member bodies — the national insurance associations — Insurance Europe represents all types of insurance and reinsurance undertakings, eg pan-European companies, monoliners, mutuals and SMEs.

https://www.lifeinsuranceinternational.com/news/call-for-eu-us-transatlantic-ttip-trade-deal-to-include-insurance-4944661/

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CHICAGO, April 24, 2023 - Aon plc (NYSE: AON), a leading global professional services firm, today named Andy Neal as Managing Director of the firm’s Public Sector Partnership, effective immediately. Based in Washington, D.C., Neal joins Aon from the Federal Emergency Management Agency (FEMA) where he was National Flood Insurance Program Chief Actuary and Branch Chief, Actuarial and Catastrophic Modeling. In his new role, Neal will report to Geoff Hickman, COO of Aon’s Public Sector Partnership, and Joe Monaghan, CEO of Aon’s Public Sector Partnership, and will focus on U.S. as well as global initiatives. Neal brings more than 20 years of industry experience to Aon, most recently leading the actuarial and catastrophe modeling teams to support the more than 4 million policyholders of FEMA’s National Flood Insurance Program (NFIP) – representing over $4 billion in insurance premium and more than $1.3 trillion of coverage – as well as providing strategic leadership to FEMA’s National Hazard’s Risk Assessment Program team that supports the National Risk Index. The Public Sector Partnership is Aon’s dedicated public sector practice focused exclusively on working with governmental entities to identify, quantify and reduce new and emerging sources of risk. Commenting on the appointment, Monaghan said: “We welcome Andy to Aon. His experience in federal risk management and extreme weather analytics, combined with Aon’s climate risk modeling and advisory capabilities, expands the impact we can have for government agencies and other institutions that are working to understand their risks related to climate change and shape better decisions as they navigate increasing volatility.” George deMenocal, chairman of Aon’s Reinsurance Solutions in the U.S., said: “Over the past several years, Aon has been helping governments around the world quantify, mitigate and reduce risk. Andy joining our team demonstrates Aon’s investment and commitment to the public sector, as we continue to develop innovative public-private partnerships that protect taxpayers, ‘crowd-in’ private capital and solve significant challenges.” In his role at FEMA, Neal drove to bring transparency to the risk held by the NFIP and to develop financial tools to manage that risk. He led the development of National Risk Rating 2.0: Equity in Action – a complete overhaul of the NFIP’s rating plan to use both private sector and public sector catastrophe models, incorporating the latest actuarial approaches to natural catastrophe risk to ready the NFIP for volatility due to climate change and future conditions. He also led the implementation of the NFIP’s first reinsurance and catastrophe bond covers. For more information about Aon’s Reinsurance Solutions, please visit: https://www.aon.com/home/solutions/reinsurance.html. Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business. Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN. Tel: 020 7623 5500.

https://aon.mediaroom.com/news-releases?item=138239

Cathy Yanni became the Trustee of the Fire Victim Trust effective July 1, 2022. In her previous role as Claims Administrator, Yanni assisted the former Trustee, the Honorable John K. Trotter (ret.), in Trust oversight, and she directly oversaw all Fire Victim claims resolution, including design and implementation of the claims resolution process, from establishing eligibility requirements and claims review procedures to ensuring that funds are distributed in a fair and equitable manner. Yanni also served Fire Victims as the Administrator of the Wildfire Assistance Program. her work on behalf of Fire Victims, Yanni settled tens of thousands of cases, facilitated distribution of billions of dollars in settlement funds to Claimants, and oversaw multiple claims reconciliation processes. She has been a Court Appointed Special Master and/or Mediator in numerous cases involving wildfires, mass torts, and class actions. In addition to being appointed as an appeal panelist in the Takata Airbag Tort Compensation Trust Fund established in the TK Holdings Inc. bankruptcy case, she has been appointed as an Administrator, Special Master, or Mediator in thousands of other cases. She also worked with Justice Trotter to formulate a resolution program for the 2007 San Diego fire cases, ultimately acting as mediator and arbitrator for the program.

https://www.firevictimtrust.com/AboutTheTrust.aspx

There are many reasons for membership in the PIA. The reasons run from insurance products, access to affordable E&O, education, relationships with companies and other agents and more. One of the many is the association’s connections to what’s happening politically in each of the states we represent. In this case, it’s Oregon. PIA Oregon Lobbyist Lana Butterfield and her political committee keep close track of what’s happening in the Oregon Legislature each year. One bill — House Bill 3242 — was aimed squarely at the insurance agent and increased the duty level an agent has in their relationship to a client. The lobbyist and the committee contacted the bill’s sponsor and explained why section three of the bill would be harmful to the independent agency system and to insurance agents. The Division of Financial Regulation said: “We think that HB 3242 would expand the scope of an agent’s duty of care, whether independent or captive. Current law uses specific facts to determine whether a special relationship exists to create the duty of care required to support a negligence claim against an independent agent. HB 3242 would codify the special relationship requirement for both independent and captive agents toward policyholders. Note that this bill goes further, extending a producer’s duty of care to all “other person[s] to which the insurance producer solicits, negotiates, or sells insurance.” “We asked the sponsor to amend the bill to delete that section, and he agreed to do so if PIA sent him a letter saying we are neutral if Section 3 is removed,” Butterfield wrote. “PIA has done so, which should relieve our members minds about agents’ direct involvement in this bill. PIA is now neutral on HB 3242 with the proposed amendment.”

https://www.piawest.com/news-releases-and-bulletins/pia-oregons-lobbying-efforts-another-positive-reason-for-membership-in-the-pia/

Packaged Business Insurance Provided By Our Agency Looking for help protecting your Business? We can help you get that peace of mind within your budget. Our goal is to understand your needs and get you suitable coverage with top-quality insurance products. The brewing industry is growing. With growth comes risk, including potential business interruptions due to equipment breakdown, contamination costs and product recalls. Your potentially life-saving work as a fire protection contracting company is depended on by occupants of warehouses, manufacturing plants, office buildings, hospitals and residential homes and apartment buildings to name just a few. Lets know more about Packaged Business Insurance? Visit us to understand better It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems. Contact us today to help you with multiple options to choose from. Request a Quote Get Personalized Insurance We extend coverage to individuals and businesses in Lexington, VA, Buena Vista, VA, Staunton, VA, Waynesboro, VA, and Covington, VA.

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An accident can happen to anyone at anytime, especially in a workplace. In some cases, what may appear to be a mundane task could result in a serious, potentially fatal workplace accident. While many employees in Illinois may think they are less likely to become involved in such an accident due to their experience, they are not exempt. Unfortunately, one veteran worker at an out-of-state business died in an accident at work. Emergency calls regarding the accident at Art’s Equipment Rental were made during the afternoon one day in March. A 70-year-old man had reportedly been cleaning a front-end loader with a pressure washer. Witnesses say that he became trapped between the machinery and the bucket on the machine. Unfortunately, the man died as a result of the injuries he suffered in the accident. The Occupational Safety and Health Administration is conducting an investigation. Police have said, however, that the man’s death is believed to have been an accident. The victim had worked at the business for 13 years prior to his death. An unexpected death such as this is likely a shock to the man’s loved ones. However, employers in Illinois and other states are required by law to provide workers’ compensation insurance coverage for the benefit of their employees. This state-regulated insurance provides financial protection for employees, or their dependent loved ones in the event of a fatal workplace accident. Unfortunately, the process can be complex and confusing for grieving family members. Seeking an experienced professional can help to ensure the claim proceeds more quickly and smoothly, as opposed to attempting to stumble through the claims process unassisted. Source: wlwt.com, “Police ID employee killed in Sharonville workplace accident”, Jackie Congedo and Brad Evans, March 4, 2015

https://www.illinoisworkerscomplawyer.com/blog/2015/03/osha-investigates-fatal-workplace-accident/

The Chartered Insurance Institute of Nigeria (CIIN) at the weekend inaugurated Edwin Igbiti as its 51st President and Chairman of Council after the successful completion of Dr. Muftau O. Oyegunle two years tenure at the helm of affairs. Igbiti, who was unveiled at the investiture ceremony on Friday, July 15, 2022, is one of Nigeria’s most prominent business executives. With an outstanding educational background and decades of professional experience, he is one of the renowned voices in the Nigerian insurance industry and corporate world. The Trumpet Gathered Edwin showed interest in the insurance business at an early age and became an Associate of the Chartered Insurance Institute of London in 1990. In his quest for knowledge, he obtained an Advanced Diploma in Management from the Department of Business Administration, University of Lagos in 1996 and a Masters Degree in Business Administration (MBA) from the University of Ado Ekiti in 2005. Similarly, the astute insurer has garnered outstanding professional certifications within and outside Nigeria such as Executive Leadership Programme of the Howard University School of Business, as well as the Chief Executive and Directors Programme from the London Management School. Igbiti, a certified insurance practitioner with the Chartered Insurance Institute (CII) of London, is a Fellow of the Chartered Insurance Institute of Nigeria (FIIN), Fellow of the Risk Managers Society of Nigeria (RIMSON), Associate of the Nigerian Council of Registered Insurance Brokers (NCRIB) and Fellow of the Risk Surveyors Association of Nigeria (RISAN). He is a seasoned professional with depth and wealth of technical expertise having worked in various capacities, including underwriting, sales and claims management in the insurance industry. He started his professional sojourn at Phoenix Insurance Company as an Underwriting Trainee before moving to the American International Insurance Company (AIICO) Plc where he worked for several years and provided managerial, strategic and operational leadership in challenging situations with verifiable evidence of achieving revenue, profit and business growth objectives. He served as General Manager, Non-Life Underwriting at AIICO Insurance Plc between January 2010 and September 2013. During this period, he was responsible for the overall performance of the General Insurance Division. He rose to the position of the Group Managing Director/Chief Executive Officer (GMD/CEO), AIICO Insurance Plc in 2013 where he was responsible for running and supervising the affairs of the company and its subsidiaries (AIICO Pension, AIICO Capital and AIICO Multishield). In the years he served as the GMD/CEO of AIICO, he recorded giant strides, which contributed hugely to the company’s overall growth, among other experiences. Click on The Trumpet and follow us on our Twitter page for more

https://thetrumpet.ng/igbiti-emerges-51st-president-of-ciin/

Firewood is not sold according to the stack of logs or only logs. The main units of selling firewood are cord, face cord, and rick of firewood. Now, the question arises that whether the cord of wood is the same as the rick of wood. They do appear as the same unit but, there are not. There is a slight difference between the two. However, the difference is too small that many people get themselves confused but, in this article, we will be discussing how they are different from each other. How Much is a Cord? A cord of firewood is defined as a standard unit of measuring firewood, and it measures 8 feet wide, 4 feet tall, and 4 feet in depth. Many people wonder that from where the unit of measuring firewood got the name cord. So, the answer to this question is that in the early 17th century, people used to hold together all the logs of firewood with a cord of rope, and since then, it has got this name cord. Even if you are planning to purchase firewood according to the cord, you must know that even a cord is a lot of wood. A Cord of firewood is a lot of wood, so people mainly purchase the firewood according to cord because it gives them plenty of wood. It can last up to several months when you will use it for heating fuel in a fireplace. Therefore, people are so fond of a cord of firewood because it gives them more than enough quantity of firewood in a single go. How Much is a Rick? Rick is also a standard measurement of firewood that is quite different from the cord. The rick of firewood is comparatively less than a cord of firewood. People often get confused between the rick of firewood and cord of firewood and interpret that they both are the same. However, they are not. The rick of firewood is the same as the face cord, not as the cord of firewood. There are many different types of cords, full cords, face cords, and half cords. A rick or the face cord of firewood is almost the same as it describes 8 feet wide, 4 feet tall, and 4 feet deep stack of wood. They are the same in height as well as the width of a full cord. The only difference between them is that a full cord measures around 4 feet big, whereas a rick measure around 16 to 18 inches deep. Furthermore, the same description goes with the face cord as well. So, a rick and a full cord are very different from each other, and the rick and the face cord are almost like each other. How much Does a Rick of Firewood Cost? Well, there is no certain price fixed for a rick of firewood. This is because the price not just depends on the rick of firewood, but it also depends on the quality, moisture level, timeline of the year, and several other factors. A rick of firewood contains a lot of wood, but the main problem is that the quality of wood should be good to be used for heating fuel purposes. Mainly, people want the quality of the firewood to be soft and smooth so that the heating process can be continued. The cost of a rick of firewood depends on all these factors combined. More so, the cost of a rick of firewood always goes high because of the quality of the firewood and the moisture level of the firewood so that it can fit perfectly for the heating fuel in a fireplace. The average cost of a rick of firewood lies somewhere between 150$-200$. It is relatively costly than other general wood, which is why people often think before buying this because the quantity of the firewood is also large. Rick vs Cord Well, till now, you must have understood that there is a huge difference between these two terms and how they refer to different measurements of firewood. A rick is somewhat less than the cord of firewood in quantity and is much known for its depth around 16 to 18 inches deep. Overall, there is a huge difference between them in terms of measurement.

https://www.organizewithsandy.com/is-cord-of-wood-same-as-rick-of-wood/

Accept All Cookies Cadwalader lawyers have significant experience in resolving insurance and reinsurance disputes. This includes representing insurers in disputes involving malpractice or unlawful termination of managing general agents or pool managers and representing insurers and financial institutions on significant claims, coverage, and policy interpretation issues, and issues relating to property and casualty, life, accident and health, D&O, E&O, fidelity, financial guaranty, and mortgage guaranty and other forms of special financial risk insurance. We handle internal investigations and internal compliance practices and procedures for all areas of insurance underwriting, licensing, marketing, advertising, claims, and federal and state law compliance. Our attorneys also counsel insurers on antitrust issues, including the McCarran-Ferguson Act. Our litigation experience on behalf of insurers encompasses all aspects of non-insurance-related litigation that frequently affect insurers, including securities fraud actions and real estate foreclosure. Cadwalader attorneys also have established a global reputation for their expertise in some of the largest insurance insolvencies on record, assisting clients in the restructuring of loan obligations and pursuing coverage under state guaranty funds. In recent years, the Firm has successfully handled numerous significant and complex insurance insolvencies, including cross-border insurance litigation and proceedings handled by our U.K. solicitors in London, section 304 work, and run-off work in the U.S. and the U.K. In addition, we represent clients whose interests have been affected by insurer insolvency proceedings, assisting them in the restructuring of loan obligations, and pursuing coverage under state guaranty funds. Our insolvency litigators also work closely with clients in structuring sophisticated corporate, commercial, derivative, and securitization transactions to identify and minimize the adverse effects of an insolvency on the parties to the transaction.

https://www.cadwalader.com/practice/insurance/contentious-insurance

“We are looking at various options to strengthen and consolidate the financial inclusion initiatives that this government has undertaken so far. One of them is to increase the insurance coverage,” said a government official aware of the deliberations. The government is looking at the modalities and may make an announcement on August 15, the official said. There are about 320 million Jan Dhan account holders who have life insurance cover of Rs 30,000. Account holders with a RuPay card — numbering about 240 million — are also eligible for Rs 1 lakh accident insurance cover. The deliberations are a part of revamping Jan Dhan Yojana, which is to end in August. The scheme was launched by Modi in 2014. “One option is that all PMJDY account holders will be eligible for Suraksha Bima Yojana without paying any premium,” said another government official. At present, the Pradhan Mantri Suraksha Bima Yojana offers accidental deathcum-disability cover of Rs 2 lakh for an annual premium of Rs 12. The scheme has about 130 million subscribers. “This can be extended to all PMJDY account holders who do not have RuPay cards,” the official said. “We are also looking to ease certain eligibility restrictions.” Under PMJDY, account holders can claim accident insurance only if they have used their RuPay card at least once in the prior 90-day period. While the focus of the first phase of PMJDY was on opening bank accounts, the second phase was aimed at complete financial inclusion by providing micro-insurance and pension schemes. Under its social security drive billed Jan-Dhan se Jan Suraksha, the government launched two schemes — accident cover of Rs 2 lakh and life insurance of Rs 2 lakh for an annual premium of Rs 330, for which there are 53 million subscribers. (You can now subscribe to our Economic Times WhatsApp channel) Download The Economic Times News App to get Daily Market Updates & Live Business News.

https://economictimes.indiatimes.com/news/economy/policy/free-accident-cover-likely-for-jan-dhan-a/c-holders/articleshow/64891961.cms

George Dionne’s Handbook of Insurance: an international reference in the field January 20, 2014 Professor Georges Dionne (Finance) has just published the second edition of Handbook of Insurance, a reference book on insurance and risk management. The first edition won the 2002 Kulp-Wright Award from the American Risk and Insurance Association (ARIA). The book, with over 1,000 pages, contains 37 summary articles written by 60 leading international experts in the field of risk and insurance. This second edition includes 15 new chapters covering recent developments in risk management, including risk securitization, the precautionary principle, corporate governance of insurance companies, systemic risk, alternative risk-transfer devices, longevity risk, the regulation of insurance companies and more. It is sure to become an essential source of information on research developments over the past 40 years, especially for readers looking for recent research findings. The preface, by Denis Kessler, Chairman and CEO of SCOR, the world’s fifth-largest re-insurer, is very eloquent: “What a pleasure it is to discover the second edition of the Handbook of Insurance, twelve years after the first! Many key concepts at the core of risk, uncertainty and insurance economics have been further refined, reassessed, and reanalyzed. I have a simple wish: that this handbook be diffused to as wide an audience as possible, both in academic and professional spheres.” Professor Dionne, holder of the Canada Research Chair in Risk Management, is ranked as one of the world’s top 25 researchers in risk management, according to the IDEAS site. He is a member of the Board of Directors of HEC Montréal, President of the European Group of Risk and Insurance Economists (EGRIE) and Past President of the Canadian Economics Association. Handbook of Insurance, by George Dionne, 2nd edition, Springer New York, 2013, 1,126 pages. Available on the publisher’s site.

https://www.hec.ca/en/news/2014/GeorgesDionne_Handbook_Insurance_e.html

Announcements & Appointments Hub International launches multinational protection services, insurance for organizations operating in five countries or less Hub International Limited has launched HUB Multinational Protection, a comprehensive risk management services and insurance product tailored to the evolving complex risk needs of multinational clients in all industries, who operate in five countries or less. “It is important that clients dealing with the challenging global landscape work with specialists from around the world who understand in-market risks and comply with the insurance requirements and regulations necessary in each country,” said Will Mulé, executive vice-president, Global Risk Solutions Practice Leader. “HUB Multinational Protection offers an all-encompassing approach, whether our clients have employees who travel or work abroad, sell products globally, sponsor international trips, or have physical offices, manufacturing facilities and warehouses outside the United States.” Navigating diverse regulatory environments is critical, and HUB Multinational Protection’s nuanced coverage adapts to the compliance requirements that vary from country to country – whether clients have operations abroad or international exposures. The coverage options include: - Global Property - General Liability - Employee Benefits Liability - Excess Auto - Foreign Voluntary Workers Compensation - Business Travel Accident - Kidnap and Ransom Print this page

https://www.talentcanada.ca/hub-international-launches-multinational-protection-services-insurance-for-organizations-operating-in-five-countries-or-less/

ASIA, 22 February 2021 - Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, and Liberty Specialty Markets, a leading global provider of specialty and commercial insurance products, today launched Reputational Crisis Insurance – a solution that enables organisations to transfer the financial risk associated with certain types of reputational crises in addition to providing access to a range of non-insurance capabilities, including AI-powered data analysis. Reputational Crisis Insurance has been developed through an exclusive partnership between Willis Towers Watson (WTW) and Liberty Specialty Markets. Live, client-controlled reputational data and intelligence analysis is provided by market leader, Polecat Intelligence Limited. The solution is available globally and initially to clients in the leisure & hospitality, manufacturing, retail and transportation sectors. Barbara Fabbri, Head of Casualty, Corporate Risk and Broking Asia at WTW said: “The nature of public trust in authority, whether private or state sector, has changed radically in the last five years. The balance of power in the context of influencing public perception has shifted from the boardroom and into the hands of the smartphone generation. Organisations, even here in Asia, find themselves in a volatile and dangerous reputational environment with significant and abstract forces to contend with. Willis Towers Watson is pleased to be at the forefront of moving the conversation away from the drawing board and towards the delivery of a tangible fiduciary support mechanism for clients.” Lewis Edwards, Head of Underwriting, Specialty Binders at Liberty Specialty Markets, said: “Clients’ increasing exposure to both traditional media and social media has led to a rise in reputational losses globally. Most reputational products in the market currently only respond to the crisis communication fees incurred following a reputational crisis event. This new product is one of the few that provides coverage for the loss of an organisation’s gross profit following such an event, providing financial protection and also giving clients the tools they need to protect their reputation. The ability to act quickly and transparently can have a hugely positive impact on a crisis outcome.” Barbara added: “While the world contends with the outbreak of Covid-19, the importance of maintaining momentum in innovation remains clear. Emerging threats continue to arise, and companies need the option of modernised risk transfer and mitigation solutions in response. In Reputational Crisis Insurance, we are delighted to offer our clients a risk management solution combining AI-powered data analytics, consultancy and insurance risk transfer in one place. For organisations of all types in a changing world, the holistic management of emerging risks like fake news, social engineering and perception manipulation will be critical to maintaining value.” About Willis Towers Watson Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential. About Liberty Specialty Markets Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across key UK, European, Middle East, US, Bermuda, Asia Pacific & Latin America markets. We provide brokers and insureds with a broad product range through both the Company and Lloyd’s markets and have approximately 1,900 employees in approximately 60 offices. For more information, visit libertyspecialtymarkets.com About Liberty Mutual Insurance At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow. In business since 1912, and headquartered in Boston, today we are the sixth largest global property and casualty insurer based on 2019 gross written premium. We also rank 77th on the Fortune 100 list of largest corporations in the U.S. based on 2019 revenue. As of December 31, 2019, we had $43.2 billion in annual consolidated revenue. We employ over 45,000 people in 29 countries and economies around the world. We offer a wide range of insurance products and services, including personal automobile, homeowners, specialty lines, reinsurance, commercial multiple-peril, workers compensation, commercial automobile, general liability, surety, and commercial property. About Polecat Intelligence Polecat Intelligence is a leading technology company that equips the world’s largest companies with the tools to manage, influence and optimise their corporate reputation. Polecat is a leader in risk and reputation intelligence delivering the industry, competitor and influencer insight that organisations need to make better decisions and ensure they are in control of their future. Polecat takes open source data published online to bring together critical components of conversation, both good and bad, for the appraisal and management of risks affecting corporate reputation. Polecat’s primary solution, RepVault, visualises this data so customers can see what is important to their business on-demand and in real-time, allowing for rapid benchmarking of their reputation profile and performance against competitors and peers. For more information, visit www.polecat.com

https://irletter.com/articles/Willis%20Towers%20Watson%20and%20Liberty%20Specialty%20Markets%20launch%20reputational%20crisis%20solution

FirstChoice In Motion THE PREMIER NETWORK FOR INDEPENDENT AGENCIES FirstChoice Member-Only Annual Conference FirstChoice members gather for a 3-day annual conference to gain insights on the latest issues and trends from industry leaders, and garner key takeaways on topics including strategic planning, strategy development, talent management and how to better leverage technology to accelerate organic growth for their agencies. Throughout the conference, attendees: - Gather valuable information on how to more efficiently grow their agencies organically through educational sessions, panel discussions, and workshops - Learn about the latest issues and trends on the horizon during the state of the industry update - Get a first look at the latest products, services and technology from top carriers and partners in the exhibit hall - Network and share ideas with peers during luncheons, dinners, and an offsite event. Highlights from the 2023 In Motion, the FirstChoice Annual Member Conference Thank you to our In Motion Sponsors your continued support of the FirstChoice Annual In Motion Independent Agent Member Conference. AgencyKPI provides a business intelligence platform for insurance networks, independent insurance agencies, and insurance carriers and wholesalers. They are the developer of the leading integrated business intelligence platform for collaborative planning, operational efficiencies, and benchmarking in the insurance industry. Amwins is the largest wholesale distributor of specialty insurance products and services in the U.S. Amwins has expertise across a diversified mix of property, casualty, group benefits and reinsurance products. They also offer value-added services to support these products, including product development, underwriting, premium and claims administration and actuarial services. Arch Insurance Group offers a wide range of property, casualty and specialty insurance for corporation, professional firms and financial institutions across the United States and Canada. Chubb provides commercial and personal property casual insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. Donegal Insurance Group is a family of property and casualty insurance companies that provides full lines of personal and commercial insurance products across multiple regions of the United States. Forge Insurance is a Commercial Auto Insurance Company. They specialize in knowing their customers’ business and providing a high level of protection and service at an exceptional value. IPFS brings clients cutting-edge solutions, powerful tools, and a legendary service you need to transform your business. IPFS is a one-stop source for premium financing, paired with easy-to-use, time-saving solutions for insureds. Liberty Mutual provides a wide range of insurance products and services including auto, home, and life insurance, as well as commercial insurance for businesses. Liberty Mutual helps individuals and businesses protect their assets and manage risks through various policies. Nationwide is an insurance and financial services company that offers individuals and businesses a diverse range of insurance products including auto, home, life, and pet insurance, as well as retirement and investment solutions. Nationwide Brokerage Solutions provides a wide array of personal & commercial markets and policy options to help the client meet the needs of their customers. With a team of experienced professionals, Nationwide Brokerage Solutions provides clients with the support and guidance they need to see the agency succeed. For more than 80 years, Progressive has offered a wide range of insurance choices to customers, including Auto, Home, Renters, Commercial Auto, Small Business, Motorcycle, Boat policies, and more. RT Specialty is a wholesale distributor of specialty insurance products and services in the wholesale broking specialty. Their specialists handle an expansive mix of property, casualty, professional lines, transportation, personal lines and workers’ compensation insurance products, on both an open market and delegated authority basis. Westfield Insurance is a regional insurance company that provides a wide range of insurance products, including commercial, farm, home, and auto insurance. They focus on offering personalized insurance solutions and risk management services to their customers, emphasizing customer service and local community relationships. For over 30 years, Wright Flood has offered federal, excess, and private flood insurance policies for property owners, renters, and businesses in the United States. They offer National Flood Insurance Program policies as well as private flood insurance options. Travelers Insurance provides a wide range of insurance products and services including auto, home, renters, business, and specialty coverages. They provide comprehensive risk management solutions, helping protect assets and manage potential financial losses.

https://www.marshberry.com/market-intelligence/thought-leadership-events/firstchoice-in-motion/

Desmond Insurance Blog As a contractor, you have the option to specialize in a particular type of work or industry. Specializing can offer many benefits, including increased expertise, higher profitability, and a competitive advantage. In this article, we'll discuss the benefits of specializing as a contractor, with a focus on commercial insurance for contractors in Bellevue, KY. Specializing in a particular type of work or industry allows you to become an expert in that field. You can develop specific skills and knowledge that can set you apart from other contractors and make you more valuable to clients. This expertise can lead to higher-quality work, increased efficiency, and a more satisfied client base. Specializing can also lead to higher profitability. By focusing on a specific type of work, you can become more efficient and productive. This can lead to higher profit margins and more opportunities for growth. Additionally, specialized contractors often command higher rates for their services due to their expertise. Specializing can give you a competitive advantage over other contractors who offer a broad range of services. Clients are often looking for contractors who specialize in their particular industry or type of work, as they feel more confident in their expertise. By specializing, you can differentiate yourself from other contractors and attract more clients who are looking for your specific expertise. Another benefit of specializing as a contractor is that it can help you obtain more specialized commercial insurance coverage. Commercial insurance for contractors in Bellevue, KY, can be tailored to meet the specific needs of your business. For example, if you specialize in roofing, you may need insurance coverage that addresses the unique risks associated with this type of work. By working with an insurance company that specializes in your area of expertise, you can ensure that you have the right coverage to protect your business from unexpected events. In conclusion, specializing as a contractor offers many benefits, including increased expertise, higher profitability, and a competitive advantage. By focusing on a specific type of work or industry, you can become more efficient, productive, and valuable to your clients. Additionally, specializing can lead to more specialized commercial insurance coverage, which can protect your business from the unique risks associated with your area of expertise. By working with an insurance company that specializes in commercial insurance for contractors in Bellevue, KY, you can ensure that your business is adequately protected and positioned for success. At Desmond Insurance, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (859) 491-5100. Get your free quote today by CLICKING HERE. Disclaimer: The information presented in this blog is intended for informational purposes only and should not be considered as professional advice. It is crucial to consult with a qualified insurance agent or professional for personalized advice tailored to your specific circumstances. They can provide expert guidance and help you make informed decisions regarding your insurance needs.

https://www.desmondinsurance.com/blog/the-benefits-of-specializing-as-a-contractor

As an independent agency, we represent our customers, not insurance companies. We wouldn’t be Bolder without you! “Bolder Insurance was instrumental in enabling me to insure my home guitar business and seamlessly move to a brick and mortar store. While everything can be insured for a price, the coverage I have was unique for musical instruments and very affordable. Musical instruments are an extension of their owners personality and whether you own a single guitar, violin or saxophone or a collection, everyone should consider insuring their instruments with Bolder Insurance.” Owner of Monkton Guitars “I have been doing business with Brent for over 23 years. The service that he and his staff provide is impeccable. He is constantly reviewing my rates and policies so that they are the most competitive and comprehensive. Without hesitation, I recommend Bolder Insurance to everyone.” Bolder Boulder Pro Athlete Coordinator Owner of Creative Framing Art Gallery Owner of Sweet Cow “Patti and I have been very pleased with the service, support and information we have received from you and your staff through the years. We must be in our third decade working with you at this point. We have always been happy with the way you have responded to our requests and have kept us informed on what options we have in our insurance coverage for our home and autos. All the best!” Former President Boulder Road Runners “We have worked with Brent and his team for several years and are beyond satisfied. Fair rates, looks out for your interests, and just plain smart on insurance. I tell my friends that knowing your insurance agent is critical. In my opinion, most insurance companies look at you from a premiums revenue standpoint. Bolder Insurance counsels you on what is best for you and will walk you through it. You really find out how good your agent is when you actually need insurance – Bolder is by far better than any company I ever work with. If you buy insurance on price only, I suggest you think again. What you really want is an agency partner that you have a relationship with. Here is an example: do you know what really happens to your family if you passed away? I thought I had enough until I sat down with Brent and he ran the numbers for me – walked me through the family expenses, college, retirement and lifestyle and extrapolated it through my spouses remaining years. I was so far off it was scary. Then he found me a ridiculous deal on long term life insurance. I sleep better now.” “Our family insurance provided by Bolder Insurance covers the full spectrum of policies for our vehicles, toys, home(s) and umbrella coverages. The team at Bolder Insurance provided us top rate service in understanding our needs and providing quotes quickly and efficiently.” Ken & Marie Gambon Personal Insurance Customers

https://www.bolderinsurance.com/our-agency/our-customers/

Luxury Automobile Insurance For luxury vehicles, golf carts and everything in between Notable luxury car coverage features If your vehicle is a total loss, we’ll pay the Agreed Value on your policy with no deductible. Original Replacement Parts If your vehicle needs repairs, a PURE Member Advocate® can help locate a nearby repair shop, and we’ll pay for them to use original equipment manufacturers' (OEM) parts. Flexibility with Rentals Worldwide If you rent or borrow a vehicle, you’re covered for both property and liability damage. And if you need to rent a car while yours is being repaired, your Member Advocate can even arrange to have the vehicle brought to you. Coverage for Other Transportation Expenses If your vehicle breaks down more than 50 miles from home, our coverage helps to reimburse you for hotel accommodations, meals and other expenses up to the limit on your policy without a deductible.1 A Member Advocate can also assist you with all of the logistics. Protection from Uninsured Drivers If an uninsured driver damages your luxury vehicle, your Collision coverage will apply without a deductible. And, if you have a Personal Excess Liability policy with PURE, you can purchase additional Uninsured Motorists coverage. Unlimited 24/7 Towing & Optional Roadside Assistance If you are involved in a covered accident and your vehicle is not drivable, we will pay to tow it to the repair shop of your choice. You can also add additional coverage for complete roadside assistance to help when you have a lockout, breakdown or when you are in need of a tire change.2 1. Coverage capped at $5,000 in some states. 2. This extended coverage option is available for private passenger automobiles only. Services to make your life easier The Dedicated Assistance of a PURE Member Advocate We want to help you return to normal as easily as possible following a car accident. A PURE Member Advocate can assist you by booking rental vehicles, locating repair facilities, communicating with other drivers’ insurers and reducing other administrative tasks. File Claims, Access Auto ID Cards and More, Directly from Your Smartphone With the PURE Insurance Mobile App, you can file claims directly from your smartphone and receive repair estimates in as little as a few hours. You can also access your Auto ID cards, connect with towing and roadside assistance and receive temporary proof of insurance when purchasing a new vehicle. Explore other coverages Homeowners Specifically designed for luxury homes Jewelry, Art & Collections The standard of protection your valuables deserve Personal Excess Liability For the legacy you’ve worked hard to build Fraud & Cyber Fraud protection, whether online or off Watercraft For your vessel and the valuables within it Condo & Co-op For the unique risks of a city home Home Systems Protection For the mechanical and electrical systems in your home Flood Flood coverage for the unexpected

https://www.pureinsurance.com/coverage-solutions/automobile

What Sets us Apart As an independent insurance agency we have great relationships with many well-known, reputable insurance companies, giving you the power of choice. Our insurance professionals have years of experience in the insurance industry and serve as your advocate from selecting coverage through filing a claim. Our insurance professionals have a strong passion for insurance and protecting what you value most in business and in life. We treat our customers like family. Thomas Burgin, mayor of Quincy and Massachusetts Congressman, founded our Agency in 1925. Joined by Nelford Platner in 1930, Burgin Platner and Company quickly became a leading South Shore insurance agency. A merger in 1996 with Quincy neighbor, The Hurley Agency, completed the formation of our agency today. We believe it fitting that Quincy, the birthplace of two American presidents, is our hometown. Our legacy of pride and tradition is symbolized by this history and is a source of comfort and pride. At Burgin Platner and Company we work with a wide variety of individuals and businesses throughout the South Shore and Greater New England Area, specializing in Auto Insurance, Home Insurance, Business Insurance and Boat Insurance. We’re an independent insurance agency offering a comprehensive suite of insurance solutions to protect your business and your life from the unexpected. We don’t just sell insurance. We work closely with clients to help them make important and informed decisions every day when it comes to protection and their future. Because we’re independent, our priority is you – not the insurance company. We represent many different insurance companies which offer a wide variety of coverage options and price points. Our goal is to deliver the right blend of price, coverage and service. Our insurance professionals make it their business to know your world inside and out. They are there to help you through all the changes in your life and your business, whether you’re going from renting an apartment to buying a home, adding a partner to your business, getting married, renovating your home, adding a teen driver to your auto policy or revamping your employee benefits plan. Long term relationships with our clients, our employees and the carriers we represent are the hallmarks of our history. We feel honored to have such a legacy and strive to remain true to these principles. Our legacy is a source of comfort and pride. Our performance today is how we choose to be measured.

https://www.bphins.com/about/

Regional insurtech Igloo is celebrating the one-year milestone of its intermediary platform, Ignite, with the unveiling of new branding, expanded product offerings, and new features. Since its launch in early 2022, Ignite by Igloo has recruited over 22,000 agents in Vietnam and Indonesia and helped facilitate over 36,000 policies. The revamped Ignite has been upgraded from nine to 20 advanced features to heighten usability and boost productivity for intermediaries. Agents in Vietnam and Indonesia can access over 30 plans across seven product categories in the platform. These include motor, personal accident, and property insurance. Some of Ignite’s new features include: Ignite features over 10 insurers for its revamped platform, including MSIG, BSH, Sinarmas Insurance, and Tugu Insurance. Igloo has set a goal of launching Ignite in multiple markets by the end of 2023, with a goal of facilitating sales for 50,000 agents and a gross written premium (GWP) 50 times that of 2022. Igloo co-founder and CEO Raunak Mehta said that the insurtech will continue to add more products across multiple insurers and provide features that make the entire agent experience a superlative one. “Agents play a pivotal role in democratising insurance across Southeast Asia, as their human touch remains a potent force in insurance sales,” Mehta said. “Ignite’s new logo embodies our growth and commitment to action, and serves as a testament in bridging gaps within the insurance value chain towards the realisation of our mission of making insurance for all.” Mehta also spoke to Insurance Business Asia a few months back about the insurtech’s recent efforts to bridge the insurance gap with the introduction of policies through convenience stores in Vietnam. What are your thoughts on this story? Please feel free to share your comments below.

https://www.insurancebusinessmag.com/asia/news/breaking-news/igloo-unveils-revamped-platform-for-intermediaries-453456.aspx

Indicating that it has developed something out of the ordinary, Transamerica Reinsurance has been awarded a patent in the US for its Velogica underwriting technology for non-medically underwritten life According to Transamerica Reinsurance, Velogica is a fully automated underwriting solution for simplified issue life insurance. Specifically, Velogica uses information from the life application, prescription drug databases, motor vehicle records and Medical Information Bureau reports to deliver “virtually instant underwriting decisions.” Commenting, Dave Dorans, vice-president of mortality solutions for Transamerica Reinsurance said: “This new patent highlights the distinct advantages of the Velogica approach to underwriting non-medical, lower-face amount business, and allows our solution to stand entirely apart in its ability to reach an underwriting decision quickly while still achieving mortality objectives.” Transamerica Reinsurance is a unit of Dutch insurer Aegon. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Your download email will arrive shortly Not ready to buy yet? Download a free sample We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData

https://www.lifeinsuranceinternational.com/news/transamerica-life-reinsurance-solution-awarded-us-patent-190816434/

Get Cash Back and $0 Commissions + The Power of TradeStation PRNewswire 13-Feb-2024 9:00 AM MCLEAN, Va., Feb. 13, 2024 /PRNewswire/ -- Appian (NASDAQ:APPN) announced today that it is named a Leader in the Everest Group insurance technology report, Low-code Technology Providers in Insurance PEAK Matrix® Assessment 2023. The report analyzes 21 low-code insurance providers across multiple evaluation dimensions, including: According to the report, insurance organizations seek support to manage the technology environment, address talent shortages, and respond to changing market dynamics. Insurers are increasingly relying on low-code technology for rapid application development, integration, and meeting time-to-market needs. Appian's recognition as a Leader in the report is based on its strong value proposition to fulfill insurers diverse needs across the value chain. "Appian has done well in elevating insurance industry mindshare by offering exhaustive out-of-the-box functionality to automate insurance processes, unify data across systems, and showcase credible success proof-points with life and non-life carriers," said Vigitesh Tewary, Practice Director, Everest Group. "Appian's focus on establishing a robust ecosystem with services and technology partners, a comprehensive skilling and certification program, and offering a compelling value-proposition as a low-code platform that can scale with carriers' business volumes and workload complexity has enabled Appian to secure a Leader recognition on Everest Group's Low-code Technology Providers in Insurance, Products PEAK Matrix® Assessment 2023." "With the Appian Platform, we are automating our processes from intake and coverage verification to assessing whether a dispute is covered by the insurance policy, and finally, distributing it to the appropriate case handler for claims handling. Our objective is to build upon data and processes to automate mundane tasks and empower our case handlers to concentrate on their legal work," said Erik Hietkamp, Director ICT, DAS. "We are proud to announce that Appian has received recognition for our innovative approach to providing digital insurance solutions aligned with our commitment to excellence in the insurance industry," said Jake Sloan, VP of Insurance, Appian. "The Appian Platform is meticulously designed to empower insurers with a robust, low-code AI process automation platform that enhances operational efficiency, optimizes risk management, and accelerates the launch of new insurance products. Recognition from Everest Group not only solidifies our standing as a leader in insurance technology but also underscores our dedication to ongoing evolution and pioneering transformation in insurance services through Appian." View the full report here: https://ap.pn/48d5JZf. Appian is a software company that automates business processes. The Appian AI Process Platform includes everything you need to design, automate, and optimize even the most complex processes, from start to finish. The world's most innovative organizations trust Appian to improve their workflows, unify data, and optimize operations—resulting in better growth and superior customer experiences. For more information, visit appian.com. (NASDAQ:APPN) View original content to download multimedia:https://www.prnewswire.com/news-releases/appian-named-a-leader-in-everest-groups-low-code-technology-providers-in-insurance-peak-matrix-assessment-2023-302060081.html

https://marketchameleon.com/PressReleases/i/1842569/APPN/appian-named-a-leader-in-everest-groups

After careful market research and testing, the product name will be changed from CEBG to Counter Fire, a name that will resonate with players and leave a lasting impression. All assets, gameplay, and value will remain unchanged. Counter Fire is a light online multiplayer Battle Royale game. Counter Fire is the first Anime + MOBA + beauty + mecha game on blockchain. The anime style is also one of the most important aesthetic preferences of young people in the next era. The core gameplay of Counter Fire is similar to the PUBG, the famous game. In the game, up to 40 players parachute onto an island and scavenge for weapons and equipment to kill others while avoiding getting killed themselves. The available safe area of the game's map decreases in size over time, directing surviving players into tighter areas to force encounters. The last player or team standing wins the round. Counter Fire focuses on optimizing the fragmented scenario needs of mobile users. Counter Fire is a social game, you can make friends in the game, you can also team up with real friends to play games and experience victory. Counter Fire embeds both Play-To-Earn and Free-To-Play mechanisms so that both the P2E players and traditional players can be satisfied at the same time. Every traditional gamer who likes Counter Fire or makes friends in Counter Fire has potential to be converted into a blockchain player. We aim to attract players to Counter Fire world every day.

https://contact-63.gitbook.io/cebg-whitepaper/

The presentation “Insuring Your Success: Key Considerations for Protecting Your Business for Women Entrepreneurs” covers various aspects of insurance, such as risk management, business continuity, asset protection, liability coverage, and employee benefits. The presentation aims to help women entrepreneurs understand the significance of insurance in mitigating risks, ensuring financial security, complying with legal requirements, and enhancing business credibility. By offering real-life examples and success stories, the presentation emphasizes the positive impact of insurance on women-owned businesses. Ultimately, the goal is to equip women entrepreneurs with the knowledge needed to tailor insurance plans to their specific business needs, attract funding and opportunities, and separate personal and business finances effectively. Presented By: Sarah Johnston |Sarah’s a strategic leader with 20+ years of experience. She’s owner and CEO of Johnston Insurance Brokers and founder of Atlas York Consulting. She’s held various senior leadership roles such as SVP, Marketing & Business Development at Knight Archer Insurance, VP, Sales & Marketing with GMS, and Manager, Individual Product & Sales for Sask Blue Cross. Sarah holds a B.Comm degree in HR, the Chartered Professionals in Human Resources (CPHR), Canadian Accredited Insurance Broker (CAIB) and Compensation Management Specialist (CMS) designations. As Chair of the Insurance Brokers Association of Saskatchewan Board of Directors, Sarah holds the distinction of being the youngest chair in the associations 71 year history. She’s Past Chair of Canadian Pension and Benefits Institute (CPBI) and sits on the CPHR Board of Directors. Sarah received the CPBI Volunteer of the Year award, was named one of Insurance Business Canada’s Elite Women in Business, has been nominated for the FCPHR, the highest & most prestigious HR designation in Canada. She mentors, volunteers, travels, and spends time with friends & family -her husband Steven & 2 children, Atlas (3yr) & Elle (11mos) in her free time. Was this helpful? Not what you were looking for? Let us know.

https://wesk.ca/resources/https-www-youtube-com-watchvgaqis-svveg/

Liberty Mutual has once again directly tapped capital markets’ reinsurance capacity via the Bermuda collateralized reinsurance sidecar, Limestone Re Ltd. Limestone Re provides approximately $150 million of collateralized reinsurance capacity for Liberty’s U.S. property catastrophe program, as well as its U.S. homeowners and global property reinsurance businesses, said Liberty Mutual in a statement. The transaction comprises $58 million of Bermuda Stock Exchange listed 2019-1 Notes issued by Limestone Re Ltd., a segregated account company, with the remainder of the capacity provided via individual private placements, said the company. This is the third time that Liberty Mutual has tapped capital markets and insurance linked securities’ (ILS) investors through Limestone Re. The Limestone Re sidecar took its first outing in December 2016 when Liberty Mutual entered into a multi-year transaction, which, together with individual private transactions, provided approximately $160 million of collateralized reinsurance. The second deal was announced in June 2018 when Limestone Re provided approximately $278 million of collateralized reinsurance capacity through Limestone Re and and individual private placements. Reinsurance sidecars are generally quota-share and excess-of-loss arrangements whereby third party investors take on the risk and return of re/insurers’ specific books of business, based on a fixed percentage or through excess-of-loss protection. Liberty’s reinsurance sidecar is fully collateralized which means that funds are almost always available to pay claims when losses occur. (Funds are “almost” always available to pay claims because quota share covers are not unlimited. Losses revert to the cedent if they exceed the collateral specified by the contract.) “The Limestone Re platform continues to be an integral component of Liberty Mutual’s strategy for accessing third-party capital,” said James Slaughter, senior vice president and chief underwriting officer of Liberty Mutual’s Global Risk Solutions strategic business unit. “Liberty Mutual’s global reach makes us uniquely positioned to provide insurance-linked securities (ILS) investors diversified pools of risk while bringing them as close as possible to the underlying insurance risks.” According to Arno Gartzke, vice president and director of ILS, Liberty Mutual, the transaction successfully replaced the expiring Limestone Re 2016-1 placement. “Liberty Mutual remains committed to the ILS market and the continued support from our key partners, despite challenging market conditions, reaffirms the quality of risks which investors can access via Limestone Re.” The Limestone Re vehicle is part of the expanding trend of sponsors that utilize sidecar transactions to access reinsurance and retrocessional capacity, said Aon Benfield in a report published in September 2017, titled “Insurance-Linked Securities – Alternative Capital Breaks New Boundaries.” *This story appeared previously in our sister publication Insurance Journal.

https://www.carriermanagement.com/news/2019/01/09/188337.htm

Light earthquakes felt in Bohol, Cebu on Monday dawn CEBU CITY, Philippines — Two “light” earthquakes were felt in Cebu and Bohol on Monday dawn, November 4, 2019. A magnitude 3.3 earthquake was felt around 4:48 a.m. in Bohol province with its epicenter near Catigbian town, according to the Earthquake Information Bulletin of the Philippine Institute of Volcanology and Seismology (Phivolcs). The ground shaking was tectonic in origin, Phivolcs said. Another magnitude 1.5 tectonic earthquake was also felt in Pinamungajan town, midwest of Cebu City, at 5:43 a.m. The Phivolcs bulletin said no aftershocks or damages mat be expected from the ground shaking. Meanwhile, the series of earthquakes in Mindanao has continue until this morning. The strongest earthquake recorded by Phivolcs in the past 12 hours was at magnitude 3.8 in Marihatag, Surigao del Sur just before 8 a.m. /bmjo Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

https://cebudailynews.inquirer.net/268106/light-earthquakes-felt-in-bohol-cebu-on-monday-dawn

09 Feb edjuster Announces Positive, Continued Growth in 2015 NASHVILLE, TENNESSEE and OTTAWA, ONTARIO February 9, 2016; edjuster, North America’s leading contents valuation Company, announced today its most successful year to date, achieving record increases in the key areas of new customer relationships, claim volume increases and revenue growth. The majority of edjuster’s growth originates from its US market operations as a result of continued repeat business from numerous clients in the areas of high-severity, field inventory claims and claims involving LKQ pricing. This growth was also mirrored by increased levels of interest generated from e-xclaim, its contents valuation software platform. The annual double digit revenue growth from claims and software services is due to a combination of newly added insurer clients, several key enhancements to edjuster’s e-xclaim contents valuation platform and expanded partnerships. edjuster continues to deliver on its promise of fast, fair, dispute-free claims settlements and in so doing, maintains a 100% customer satisfaction level, with no claim issues or disputes. Our field claims process follows proven, best-practice methods and a very effective non-partisan approach in assisting policyholders with documenting and proving their losses, while controlling the financial obligation of claims for insurers. “Insurers are selecting edjuster for a number of reasons, including; consistent performance on major loss and damage claims, software delivering the industry’s best product data and LKQ matching capability, outstanding support from the entire edjuster team and an incredible commitment to making sure clients are successful in recognizing the value of our products and services”, said Andy Williams, edjuster CEO. “We are building on this strength and continue to build our brand in 2016 so that the name edjuster is truly recognizable when it comes to contents valuation and services.” Jeff Wissing, Director of Product Management said, “2015 was a year of rapid expansion of our e-xclaim platform, as we delivered a number of key features and important new areas of functionality to our leading contents valuation solution”. Wissing adds, “2016 will feature continued expansion of our platform, as we respond to the growth and needs of our client base.” edjuster continues its momentum with the upcoming exhibition at the PLRB Claims Conference, being held in San Antonio, Texas, April 17-20th, 2016.

https://www.edjuster.com/news/e-djuster-announces-positive-continued-growth-in-2015/

Our Touch on a Commercial Timber Framing Project Superior Commercial Framing Solutions in Millersburg, Ohio Discover the exceptional results of our expertise in commercial framing for retail and commercial stores, showcasing the impact of high-quality timber framing on a Millersburg, Ohio, project. Impeccable Front Entrance Design and Execution Measuring an impressive 24 x 14, the front entrance of this retail/commercial store demonstrates the precision of our design and construction approach. Employing outstanding 8 x 10 Douglas Fir timbers, our team crafted a true mortise and tenon timber frame adorned with an oil-based exterior stain to create a lasting and appealing aesthetic. The stunning circular saw-cut finish and our meticulous knocked-down sand process add a refined touch to this commercial building project. Our proficiency in using pine roof decking guarantees a durable and robust overhead structure, ensuring the integrity and stability of the entire framework. Exceptional Commercial Framing for Your Store As a leading expert in timber framing, we specialize in transforming your vision for your store’s design into reality. With our extensive experience in commercial framing and construction, we can confidently deliver a captivating and long-lasting establishment that complements your brand and shop needs. Take your retail or commercial space to new heights by entrusting Hickory Circle with your next project. Capture the essence of your business through the amalgamation of striking design, exquisite materials, and impeccable craftsmanship. Contact us today to bring your dream commercial space to life.

https://hickorycircle.com/the-cabin-store-commercial-timber-framing/

…..Wants insurance corporate affairs to meet the banks’ By Favour Nnabugwu For insurance industry to take its pride of place in the nation’s economy, the sector’s stakeholders need to put heads together to simplify actions in words and deeds President, Association of Communications and Marketing Professionals in Banks (ACAMB), Mr. Rasheed Bolarinwa in Ijebu-Ode, Ogun State at the 2022 Retreat oragised for Nigerian Insurance Association of Insurance & Pension Editors by the Insurance Industry Consultative Council, IICC said it is high time insurance sector let go the primitive way of doing business especially, packaging their products with the Media Bolarinwa who delivered a paper on ‘Media As Catalyst For Insurance Inclusion’ wished that the Heads of Corporate Communications of insurance will meet with those of the banking sector so they can interact and share ideas about getting the best from the Media. “I think is high time corporate communications of the banks meet with the heads of corporate affairs of insurance. We need to meet and discuss issues about the sectors” Bolarinwa who doubles as the Head Corporate Communications of Polaris Bank Plc said, “When all stakeholders in the risk ecosystem are deliberate, consistent and methodical in simplifying what insurance is all about in words and deed” He said the industry is still at it low ebb in contribution to Gross Domestic Products, GDP while citing those of other country such as the United Kingdom’s insurance industry which contributes about 20 percent of the total GDP of the country. In South Africa, it contributes 17 percent of the total GDP and, in Kenya, the industry contributes 3.4 percent of the nation’s GDP. “Sadly, after 62 years of independence, the Nigerian insurance industry is still crawling with dual problems of little knowledge of its values and acceptance by the populace mostly ignorant of the values of insurance”. “These are among the key hinderers of mass patronage, growth of premium generation and meaningful contributions to the Gross Domestic Product (GDP) of the economy Insurance will only take its pride of place as big a contributor to the nation’s Gross Domestic Product (GDP) as it applicable in other jurisdictions” One of the major source of creating awareness, he pointed out is the mass media. “The mass media are vehicles and instruments for the socio-economic transformation and re-engineering of any society”. For a country that is yet to develop like Nigeria, he said, the media is required and, indeed, is fundamental for the penetration of important national agendas. “The most prominent and widely known media of mass communication in contemporary Nigeria are newspapers, magazines, radio, television, and digital communication platforms and there is the need to further strategically explore them” According to him, “The Media is a strategic vehicle for dialogue and the acceleration of inclusive growth in any society. “The media can continuously set agenda for the public to know more about the importance of insurance and to accept different risk-protection values inherent in modern insurance policies” “This moment is the most critical time for a more germane approach to how to communicate the essence of insurance to Nigeria’s huge population if we are truly concerned about achieving measurable and optimal penetration and reasonable acceptance” “Social media marketing is a great way for insurance companies to unleash their digital marketing plan. A study has revealed that customers increasingly spend more time on social media. If that is the case, social media platforms are key for insurance policy marketers and the general “A dedicated jointly owned media vehicle should be created by all stakeholders to serve as a news agency on insurance content shared with other media houses” “Regulatory bodies in the Nigerian insurance industry are expected to partner the Nigerian media industry towards creating a diverse and inclusive newsroom; that has content development and coverage strategy that builds audience trust in insurance and provides for a better representation of different societies”

https://patomabusinessonline.com/2022/11/26/stakeholders-implored-to-come-out-in-words-deeds-acamb-president/

Dr Lori Moore-Merrell was appointed by President Joseph Biden as the U.S. fire administrator on Oct. 25, 2021. Prior to her appointment, Lori served nearly 3 years as the president and chief executive officer (CEO) of the International Public Safety Data Institute, which she founded after retiring from a 26-year tenure as a senior executive in the International Association of Fire Fighters (IAFF). Lori is considered an expert in executive leadership, emergency response system evaluation, public safety resource deployment, community risk assessment, data science/analytics, strategic planning, costs and benefits analysis, advocacy, consensus building, policy development and implementation, and generational differences in the workplace. As a Doctor of Public Health and a data scientist, Dr Moore-Merrell recently served on the Biden-Harris Transition Team to conduct agency review for the U.S. Department of Homeland Security/Federal Emergency Management Agency (FEMA) as part of the COVID-19 response planning. She has also served on the Public Safety Committee of the transition teams for both the mayor of New York City (2013) and the mayor of the District of Columbia (2015). Lori serves on national and international boards of directors and advises elected officials, CEOs, and local metropolitan fire chiefs in areas of her expertise while providing them scientific data to make fact-based decisions. She was recently awarded Honorary Membership in the Metropolitan Fire Chiefs Association for her expertise in areas of fire prevention, fire suppression or other related disciplines. Lori is only the fourth individual to be presented this honor in the 54-year history of the organization. Dr Moore-Merrell is an international speaker, presenter, and author. She has also been awarded the James O. Page Achievement Award by the Emergency Medical Services (EMS) Section of the International Association of Fire Chiefs (IAFC) (2001), twice awarded the IAFC President’s Award for commitment to firefighter safety (2009, 2019), the Dr. John Granito Award for Excellence in Fire Leadership and Management Research (2010), the Metropolitan Fire Chiefs President’s Award of Distinction (2013), the Mason Lankford Award from the Congressional Fire Services Institute (2019), and the Homeland Security Today Mission Award (2020). Lori is a principal member of the National Fire Protection Association (NFPA) 3000 Technical Committee and is an advisor to the chair of the NFPA 1710 Technical Committee. Lori served 9 years as a commissioner to the Commission for Fire Service Accreditation and 3 terms as a board member for the Center for Public Safety Excellence. Dr. Moore-Merrell is a member of the International Fire Service Training Association Executive Board, as well as the Underwriters Laboratories (UL) Fire Council. During her 26 years at the IAFF, Lori spent more than 17 years leading a research team made up of international fire service organizations and other partners, including the National Institute of Standards and Technology, the UL, the Urban Institute, the University of Texas, Worcester Polytechnic Institute and the Commission on Fire Accreditation International. As principal investigator and senior project manager on projects funded by FEMA/Assistance to Firefighters Grants totaling more than $23 million, she led the team to produce landmark reports and other tools to improve residential and high-rise fireground operations, community risk assessment, fire, and EMS resource deployment, and “Big Data Analytics” — all to help drive executive decision-making. These reports and other resources have changed the face of fire and EMS deployment in countries throughout the world. Dr Moore-Merrell has also managed emergency response system evaluation project teams, including secure data procurement, geographic information systems analysis and workload analysis in hundreds of fire departments throughout North America. Lori began her fire service career in 1987 as a fire department paramedic in the City of Memphis Fire Department, Memphis, Tennessee.

https://canberra.firebehaviorandfuelsconference.com/blog/2023/12/01/dr-lori-moore-merrell/

With its growing economy, huge agricultural sector and welcoming government, the worlds second-most populous country offers tremendous opportunities to reinsurers The opening up of India’s reinsurance markets has attracted a number of international carriers to the country in recent months. Major reinsurers including Reinsurance Group of America, Swiss Re, Munich Re, Hannover Re, SCOR are in the vanguard of reinsurers aiming to take advantage of the opportunities afforded by operating in the world’s second most populous country while Lloyd’s has also established a presence. The Indian government relaxed reinsurance regulations in response to the country’s rapidly growing economy and the needs of its burgeoning middle class. The country’s businesses require cover for their ventures while investment in transport and energy infrastructure is sorely needed. “There were very limited products available in the Indian market, title insurance was not available in India, cyber insurance was not available in India, niche areas where insurance was lacking,” says Vineet Aneja, Partner at Clasis Law, part of Clyde & Co’s global network. “If you look at the life insurance sector that still requires a lot more investment from insurance companies to successfully access a portion of the Indian market. From an infrastructure perspective India has an allocated spend of $450m, insurers and reinsurers are [needed] to insure those risks.” According to Swiss Re the Indian insurance market was worth $75.5bn in 2016 with life insurance accounting for $57bn of that total. The country’s strong economic growth allied with government policies and initiatives are expected to increase insurance penetration. Swiss Re says this will act as a catalyst for future growth of the industry and it expects the Indian insurance industry to grow by an average annual rate of 8% from until 2027. “We see a significant growth opportunity in the Indian agricultural sector. Currently, around 44% of farmers are covered under various agriculture insurance schemes launched in India, despite the fact that the government is very supportive of agricultural insurance as evidenced by their crop insurance schemes,” says Swiss Re India chief executive Kalpana Sampat. “The new crop insurance scheme launched in January 2016, generated premium of $3.3bn in 2016, and it is expected to reach $4-$5bn in the next two years.” Sampat continues: “Don’t forget, India is also vulnerable to natural catastrophe risks stemming from flooding, earthquakes, storms, droughts and landslides. Flood events have unfortunately occurred frequently and can lead to significant loss of life and economic losses. Due to a low insurance penetration, uninsured losses in India from all catastrophes and man-made disasters amounted to $4.5bn.” A number of major Indian cities, including Mumbai, Kolkata and Cochin, are located in disaster-prone areas that are exposed and vulnerable to climate extremes. Lloyd’s-backed EY research found India has a $2.8bn reinsurance market, of which approximately 40% (around $1.1bn) is ceded offshore. On the direct insurance side Lloyd’s says crop, health and motor insurance are set to be the key drivers for growth in the near future. Swiss Re says this will act as a catalyst for future growth of the industry Until recently, the General Insurance Corporation of India (GIC) was India’s sole reinsurer. Now, the entry of foreign reinsurers in India will result in insurance companies being able to provide more specialised covers to corporates. However, the placement of all Indian reinsurance business is subject to ‘Order of Preference’ Regulations. The regulations created a tiered system whereby Indian insurers are required to cede business to reinsurers according to a prescribed order of preference. “The current renewal was not strongly impacted by the Order of Preference Regulations, as most of the foreign reinsurance branches were in the process of setting up their operations,” says Lloyd’s India country manager Shankar Garigiparthy. “Lloyd’s retained the majority of its Indian business as a cross border reinsurer because there is still insufficient capacity from the onshore reinsurers.” Lloyd’s India launched in April with MS Amlin as the first syndicate to join the branch. It says it will offer a particular focus on infrastructure, agriculture and disaster management. Lloyd’s, however, must be prepared to operate in a country with a very conservative business culture where the pace of change can be notoriously slow. Garigiparthy says: “The growth of Lloyd’s presence in India will be gradual, but we are committed to working with partners in the Indian market to introduce new products and specialist capacity, while helping to maintain underwriting discipline and raise standards.” Despite India’s ambitions, Singapore remains the hub of choice for many wanting to operate in the South Asia region, however it will be interesting to see whether India’s progress complements Singapore or overwhelms it. Aneja says: “Lloyd’s is still in the set up phase with only one service company set up so far and a second in the process. It still has a long way to go to replace another platform. “One of the goals of the Indian government has been to try and make India the regional hub. That will have an impact on other jurisdictions because India is such a large market that it can actually sustain a reinsurance hub.”

https://www.globalreinsurance.com/india-on-the-horizon/1425003.article

Afni is a recognized leader in the subrogation industry. Our best-in-class solutions are customized to your needs, use innovative technology, and focus on maximizing recoveries. Subrogation Solutions. Simplified. Meet Our Team Vice President, Sales Sarah has served more than 20 years working in the insurance industry. At Afni, she gets the pleasure of speaking with leaders about finding a subrogation solution that meets their needs and provides a return to their bottom line. A girl straight out of the prohibition era, Sarah has a passion for great bourbon! Vice President, Subrogation Operations Since 1999, John has led the growth and maturation of Afni’s subrogation operation, which today handles files from more than 50 insurance carriers. 2020 marks John’s 21st year at NASP. To celebrate, he’ll attend this year from his family cabin in Wisconsin a.k.a the O’Donnell speakeasy. Director, Client Services Having 16 years of multi-line claims adjuster experience and double that of industry experience, Michele is the expert you want managing your line(s) of business. She’s the bee’s knees! Caricatures Provided By:

https://www.digitalcaricatureartists.com/afni2020.html

TORONTO, Nov. 14, 2018 /CNW/ - To better protect communities and economies, and aligned with its core value of being socially responsible, Intact Financial Corporation (TSX: IFC) today announced it will be part of the United Nations Environment Programme Finance Initiative (UNEP FI) Task Force on Climate-related Financial Disclosures (TCFD) pilot. The pilot brings together 16 of the world's largest insurers to better understand the impacts of climate change on their business - integral for the insurance industry in their role as risk managers. In addition, Intact signed on to the UNEP FI Principles for Sustainable Insurance (PSI). The PSI is a global best-practice sustainability framework for the insurance industry to address environmental, social and governance (ESG) risks. "Climate change is one of the most pressing public policy issues facing Canada and the world for the foreseeable future," says Charles Brindamour, Chief Executive Officer of Intact Financial Corporation. "Being part of the TCFD insurer pilot will help us evaluate the impacts of climate change in a more standardized and transparent way – to help us build a stronger, more prosperous and resilient society." About Intact Financial Corporation Intact Financial Corporation (TSX: IFC) is the largest provider of property and casualty (P&C) insurance in Canada and a leading provider of specialty insurance in North America, with close to $10 billion in total annual premiums. The Company has over 13,000 full- and part-time employees who serve more than five million personal, business, public sector and institutional clients through offices in Canada and the U.S. In Canada, Intact distributes insurance under the Intact Insurance brand through a wide network of brokers, including its wholly-owned subsidiary BrokerLink, and directly to consumers through belairdirect. In the U.S., OneBeacon Insurance Group, a wholly-owned subsidiary, provides specialty insurance products through independent agencies, brokers, wholesalers and managing general agencies. SOURCE Intact Financial CorporationReturn to all Press Releases

https://www.intactfc.com/press-releases/1/intact-joins-worlds-insurers-in-pilot-unep-fi-taskforce-to-assess-intensifying-climate-change-impacts

Our physical location is open with the proper PPE's in place. Call (845) 246-9555 Agents you can count on of experience, you're in good company Helsmoortel Insurance has been in business in Saugerties for close to 70 years, serving the Hudson Valley including Ulster, Greene, Dutchess Counties and beyond. Helsmoortel Insurance services all of your personal and commercial insurance needs. The insurance brokers at the Helsmoortel Agency can provide you with coverage for your automobile insurance, homeowners insurance, umbrella, renters, motorcycle insurance, marine & watercraft, and classic car insurance. We can also provide you with an insurance quote on your business insurance, commercial and life insurance needs as well. Start saving today! Helsmoortel Realty has been offering professional and friendly service for over 20 years. We are perennial "Top Producers" and also have earned the "5 Star Professional Award". We care very much about our buyers and sellers and work towards seamless transactions. Our business has been primarily based on referrals, which we feel is the biggest compliment of all. Buy or list today! Professional, friendly and trustworthy. When you find the right agents, the rest is easy. Questions? Talk to an agent "You guys are awesome! Deb was spectacular. Not only did she save me A LOT of money, she was extremely thorough, and got me on the road within 1-2 days!" "Switching insurance brokers can often be a daunting task. However, Carol was more than accommodating to meet with us to understand our insurance needs, provide reliable quotes and in the end save us money! She was patient, thorough and accommodating. We highly recommend Helsmoortel for all of your insurance needs." —Shane and Erin N. © 2024 Helsmoortel

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People Moves: United Fire Group Names Weidwinger as President, CEO; Sentry Adds Schenker as Head of Specialty United Fire Group Names Kevin Weidwinger as new President and CEO United Fire Group, Inc. named Kevin Leidwinger as its new president and chief executive officer. An insurance executive with more than 30 years in the industry, Mr. Leidwinger will join the company on Monday, August 22, 2022. He will succeed current president and CEO Randy Ramlo, who shared his retirement plans in February. Prior to being named CEO of UFG, Leidwinger served as president and chief operating officer of CNA Commercial, which is located in Chicago. He also spent many years with Chubb Commercial Insurance, where he served in casualty, liability and underwriting management roles. The search for a new CEO began earlier this year when Ramlo announced his retirement. Sentry Insurances Names Heather Schenker Head of Specialty Sentry Insurance announced that Heather Schenker has joined the company as its head of specialty. In her role, Schenker will be responsible for leading Sentry’s excess and surplus (E&S)/specialty lines division and overseeing the business unit’s growth. Schenker brings more than 28 years of claims and underwriting experience to her role, and most recently served as vice president of underwriting for Nationwide Insurance. Was this article valuable? Here are more articles you may enjoy.

https://www.insuretechnews.org/people-moves-united-fire-group-names-weidwinger-as-president-ceo-sentry-adds-schenker-as-head-of-specialty/

The federal government estimates 2.9 million Americans are employed by the insurance industry and February’s annual celebration of Insurance Careers Month is a reminder of the opportunities it offers, according to the Insurance Information Institute (Triple-I). “As the backbone to economic growth and prosperity, a career in insurance provides a wealth of career opportunities. Whether just starting out in the workforce or thinking about a career change, talented individuals should explore the world of insurance and risk management. Insurance Careers Month is a great reminder that this industry is filled with potential,” said Sean Kevelighan, CEO, Triple-I. Triple-I, The Institutes, the Insurance Industry Charitable Foundation (IICF), and the Insurance Careers Movement are among the organizations recruiting and retaining insurance industry professionals. To raise awareness about insurance as a potential career path, the Triple-I continues to partner with the HBCU I.M.P.A.C.T Initiative, Inc.® (IMPACT), a campaign aimed at recruiting students at historically Black colleges and universities (HBCUs) to the insurance industry. The Black Insurance Industry Collective (BIIC), a non-profit affiliated with The Institutes, is focused on accelerating the advancement of Black insurance professionals. The IICF’s Mentoring Alliance partners mentors with mentees from different companies across the insurance industry to share a wider range of experiences. “Our IICF Mentoring Alliance pairs emerging leaders from underrepresented communities with diverse role models and allies within the Insurance Industry. We are in our second year, and we doubled our mentee/mentor participation. Mentees appreciate having a mentor from outside their own company but within our Industry, as it provides a safe space to share perspectives and receive valuable guidance,” said Barbara Reilly, senior vice president, Amwins, and a member of the IICF’s IDEA (Inclusion, Diversity, Equity, and Accessibility) Council. “Connecting our high potential nontraditional employees with relatable mentors as they move into their first managerial roles is critical. It’s not enough to attract new talent. We need to keep talent in the industry and ensure success,” stated Elizabeth (Betsy) Myatt, vice president and chief program officer, IICF. As part of Insurance Careers Month, the sixth annual Emerging Leaders Conference is being held between Feb. 4-6, 2024, in San Antonio, Texas. Hosted by the American Property Casualty Insurance Association (APCIA), AM Best, and the Insurance Careers Movement, it gives younger industry professionals access to executive thought leadership, provides unique networking opportunities across job functions, and offers an agenda which focuses on professional and personal development. “The insurance industry is facing the most competitive labor market in decades, making retaining and developing talent a top priority,” said Marguerite Tortorello, managing director, Insurance Careers Movement, an industrywide initiative designed to raise awareness of the diverse career options that risk management and insurance offer. “The Insurance Careers Movement is designed to bring together and recognize exceptional rising stars in our industry; an industry we are most proud to be a part of.”

https://agencychecklists.com/2024/01/26/triple-i-joins-industry-in-marking-februarys-insurance-careers-month-69501/

AM Best is maintaining its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and performance on a global basis and the ongoing ability to address underserved and emerging risks. An additional factor partly contributing to the positive outlook is the technology and talent within the segment that continue to drive innovation, according to a new Best’s Market Segment Report, titled, “Market Segment Outlook: Delegated Underwriting Authority Enterprises.” The report cites several offsetting factors, namely the tight capacity that is noticeable for certain risks, the uncertainty looming over the fronting market and the ongoing and evolving economic challenges. AM Best defines a DUAE as a third party appointed by a (re)insurer through contractual agreements, to perform underwriting, claims handling and other administrative functions on behalf of its partners. DUAEs comprise entities such as managing general agents, coverholders, program administrators, program underwriters, underwriting agencies and appointed representatives. “The DUAE segment is still burgeoning with opportunity despite capacity constraints, specifically in the property market,” said Greg Williams, senior director, AM Best. “Our research shows that DUAEs are expanding their share of premium written across the broader insurance market, while new entrants keep growing in number.” AM Best’s research has identified 654 managing general agents (MGAs) that generated direct premiums written in the United States of more than USD 65 billion. Insurance carriers striving for organic growth find the direct access DUAEs provide to policyholders to be profitable. The report notes that significant growth has occurred with DUAEs forming captives to take part of the business they produce as capacity partners look for greater alignment. AM Best has not witnessed a sector-wide pullback of capacity for DUAE sourced business in 2023 and does not expect one in 2024. Reinsurers were prudent in their deployment of overall capacity at year-end 2022 and again at mid-year renewals, and even more so regarding the underwriting property risks. DUAEs active in reinsurance placement faced similar challenges to primary insurers, such as tightened terms and conditions, increased retentions, reduced limits, and lower ceding commissions. To access the full copy of this report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=337919 . To view a video with AM Best Financial Analyst Riley Parnham on the DUAE segment outlook, please visit http://www.ambest.com/v.asp?v=duaeoutlook1223&AltSrc=182 . Leading AM Best analysts will review 2024 market segment outlooks for the U.S. insurance industry’s major segments, including DUAE and the global reinsurance industry in an online briefing scheduled for Tuesday, Dec. 12, 2023 at 2:00 pm EST. To register for the briefing, please go to http://www.ambest.com/conference/USMB2024 . To view current Best’s Market Segment Outlooks, please visit http://www.ambest.com/ratings/RatingOutlook.asp .

https://www.mgaa.co.uk/bests-market-segment-report-am-best-maintains-positive-outlook-on-delegated-underwriting-authority-enterprises-segment/

NaXum for Insurance Companies: Revolutionizing Growth and Tackling Attrition ChallengesPosted by Diana Faye Cichon / November 27, 2023 The insurance industry has long been acknowledged as one of the oldest forms of multi-level marketing. However, insurance companies continue to grapple with attrition issues despite its longevity, posing significant challenges in maintaining a steady force of agents and brokers. Here’s where NaXum, renowned for its referral marketing expertise, transforms the landscape. Understanding the Core Challenges Attrition has persistently haunted insurance companies, leading to concerns about the costs and resources invested in recruiting and training new agents. Companies face a significant investment due to the unique demands of the insurance sector, spanning licensing to training. Unfortunately, the attrition rates often compromise the return on this investment. The Power of Predictive Mobile Apps in the Insurance Realm NaXum, known for its Predictive Mobile App, has been a game-changer for various sectors. This app has emerged as a virtual mentor in the insurance domain, guiding agents and brokers through daily activities that contribute to success. Its ability to engage individuals in daily habits, such as reaching out, following up, and growing online presence, fosters a sense of commitment among agents. NaXum’s Unify Platform: Beyond Marketing Tools For insurance companies partnering with NaXum, the Unify platform extends beyond just marketing systems. It integrates marketing tools with the commission engine, streamlining operations and offering a comprehensive solution. This all-encompassing approach helps create a structured environment that nurtures agents, encouraging them to stay committed and engaged. Solving Attrition with Community-Driven Tools The core solution lies in creating a supportive community that promotes consistent engagement. NaXum’s tools, including replicated marketing systems, webinar platforms, and the Predictive Mobile App, instigate a sense of belonging among agents. The commitment to daily goals, suggested content for social media sharing, and a collaborative environment foster a spirit of camaraderie, addressing attrition challenges. Empowering Insurance Companies for Growth NaXum’s dedicated approach to revolutionizing referral marketing aligns seamlessly with the insurance industry’s needs. By leveraging the Predictive Mobile App and the Unify platform, NaXum doesn’t just offer tools; it nurtures a culture of commitment, community, and success. The shift from traditional methods to a community-driven, technology-infused environment is pivotal for insurance companies seeking sustainable growth. NaXum’s tailored solutions, designed specifically for the insurance sector, aim to bridge the attrition gap and establish a new paradigm of growth and engagement. For insurance companies seeking to revamp their strategies and create lasting impact, NaXum emerges as the partner of choice. To learn more about NaXum’s transformative solutions for insurance companies, explore our tour at NaXumTour.com for insights and case studies.

https://naxumblog.com/naxum-for-insurance-companies-revolutionizing-growth-and-tackling-attrition-challenges/

Q & A with the Fire Chief Joel Baker took over as Chief of the Austin Fire Department only a few short months ago. What has the the transition been like? What are the latest happenings in Austin's Fire Department? This is your chance to find out! About Our Speaker: Appointed by Austin City Manager Spencer Cronk as Fire Chief of the Austin Fire Department in December 2018, Atlanta native Joel G. Baker began his professional fire service career with the City of East Point Fire Department (Georgia) in 1986. In 1988, he joined the Atlanta Fire Rescue Department, rising through the ranks to Fire Chief, a rank he held until his retirement in February 2018 after 30 years of service. Chief Baker holds several degrees, including an Associate of Applied Sciences in Fire Science Technology, a Bachelor of Science in Human Resources and Policy Studies from the Andrew Young School of Policy Studies at Georgia State University, and a Master of Public Administration from Columbus State University; he is also a graduate of Harvard University’s Senior Executive Education in State and Local Government program. Chief Baker is a designated Executive Fire Officer from the National Fire Academy in Emmitsburg, Maryland, a program designed to provide senior officers and others in key leadership roles with enhanced executive-level knowledge, skills, and abilities necessary to lead, conduct research, and engage in life-long learning. Recognizing the importance of community service, Chief Baker served in numerous organizations in Atlanta, including as Chairperson of the Atlanta Regional Commission/Atlanta Urban Area Security Initiative and as a Board Member to the State of Georgia’s 9-1-1 Authority Advisory Board. Chief Baker’s commitment to the fire service and the citizens he serves has garnered him numerous recognitions from various public and private organizations throughout his career. 6:50am - Coffee & Networking 7:10am - Breakfast Buffet 7:25am - Introductions & Announcements 7:50am - Speaker Introduction 8:20am - Q&A 8:30am - Have a wonderful Wednesday! Directions and Parking to UT Club Breakfast Fees & Policy

https://mbcaustin.org/event-3315735

U.S. Risk Leadership: Our Competitive Edge Our executive management team brings to the table a talent pool of experienced professionals committed to delivering quality insurance solutions, market access, and underwriting expertise to the agents we serve. Take a moment to meet the leadership team behind U.S. Risk. President, Wholesale and MGA Alex Furlong joined U.S. Risk as President of the Wholesale and MGA division in 2023. Prior to joining U.S. Risk, Alex held various production and leadership roles with several of the largest wholesale brokerage firms in the nation, including All Risks LTD and AmWINS. Most recently, he led wholesale brokerage operations for One80 Intermediaries. Prior to joining the insurance industry, Alex spent over eight years in the U.S. Army as an Infantry Officer and Special Forces commander. Alex holds an MBA from Emory University. Vice President, Operations Kitna Adams joined U.S. Risk Group in 2016. Prior to joining U.S. Risk, she was Division Operating Officer for Swett & Crawford and Director of Human Resources for BMS Intermediaries, Inc. Mrs. Adams is responsible for operations of the U.S. Risk servicing teams including Centralized Support Services (CSS), Policy Processing Services (PPS), Patra and Facilities. She provides oversight and integration of these critical operations to support the Wholesale, MGA and Program Teams within U.S. Risk. Mrs. Adams has over 21 years of experience in the insurance industry and has a strong background in operational leadership and business knowledge, and is a recognized leader within the insurance industry. Shielding Community Associations from Risk February 15, 2024 | The business of most planned housing developments is managed by a community association or homeowners association (HOA). These associations… more ▶ Liability Essentials for Staffing Agencies February 1, 2024 | For staffing agencies, where the intricacies of staffing and human resources merge, the importance of liability insurance cannot be overstated… more ▶ Showtime Safeguard: Liability Insurance January 16, 2024 | Liability insurance in the entertainment industry is a crucial form of protection that safeguards businesses and individuals against potential legal claims… more ▶

https://www.usrisk.com/about-us-risk/executive-management/

On July 1, 2016, the Vietnam government enacted with immediate effect Decree No. 73/2016/ND-CP guiding the Law on Insurance Business 2000, as amended in 2010 (Decree 73). Decree 73 replaces Decree No. 45/2007/ND-CP (and its amendments) and Decree No. 46/2007/ND-CP. Decree 73 introduces the following key changes to the reinsurance business in Vietnam: - Compulsory level of retention. The level of retained obligations on each single risk or loss of an insurer must not exceed 10 percent of the owner’s equity on each risk or each separate loss. This is an increase from 5 percent under the previous law. - Limit on overseas reinsurance placement. If an insurer cedes insurance in accordance with the designation of the insured, also known as fronting, the level of reinsurance to be designated must not exceed 90 percent of the insurance liability. This is a newly introduced requirement. - Reinsurance commission. A local insurer must collect reinsurance commissions to cover costs and expenses of their arrangement and corporate management. The minimum rate of reinsurance commission will be prescribed by the Ministry of Finance. As a result, foreign insurers operating in Vietnam are now more restricted in transferring the premium collected in a country to associated/parent insurers through overseas reinsurance placements. It is also anticipated that the cap of 90 percent could then force domestic capacity to be utilized more. This should also make insurers more liable to insureds. Although this could be a positive step forward to the local industry, some local insurers have criticized the changes for limiting their liquidity. The Ministry of Finance, however, is allowed to issue guiding circulars on reinsurance business, and so further changes may be introduced in the future. If you have any questions about Decree 73 or reinsurance business in Vietnam, please contact Tilleke & Gibbins at [email protected] or +84 8 3936 2068.

https://www.tilleke.com/insights/vietnam-key-changes-reinsurance-business/

State Farm vs. Farmers: Which Is the Best? (2024) State Farm’s 100-year history, strong financial standing, and array of discounts make it a better consideration for auto coverage than Farmers. 8+ years writing for major outlets, including MarketWatch and Business Insider Master’s in Education Taylor Mlam-Samuel is a personal finance writer and credentialed educator. When she’s not helping readers better save and spend money, she can be found teaching. 3+ years producing insurance and personal finance content Main architect of the Insurify Quality Score Courtney’s deep personal finance knowledge extends beyond insurance to credit cards, consumer lending, and banking. She thrives on creating actionable content. Updated March 1, 2024 at 11:00 AM PST At Insurify, our goal is to help customers compare insurance products and find the best policy for them. We strive to provide open, honest, and unbiased information about the insurance products and services we review. Our hard-working team of data analysts, insurance experts, insurance agents, editors and writers, has put in thousands of hours of research to create the content found on our site. We do receive compensation when a sale or referral occurs from many of the insurance providers and marketing partners on our site. That may impact which products we display and where they appear on our site. But it does not influence our meticulously researched editorial content, what we write about, or any reviews or recommendations we may make. We do not guarantee favorable reviews or any coverage at all in exchange for compensation.

https://insurify.com/car-insurance/companies/compare/farmers-vs-state-farm/

Founded in 1956, the acquired firm is a retail property & casualty insurance intermediary based in Mokena, Illinois. It is focused on offering services to commercial real estate clients including condominiums and apartment complexes. Hruska Insurancenter’s team also caters to several other commercial and personal lines clients throughout Chicagoland and the upper Midwest. Under the terms of the agreement, Charles J. Hruska, III and his team will continue to operate from Mokena. The team will operate under Gallagher Midwest region retail property/casualty brokerage operations head Ryan Isaacs. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Your download email will arrive shortly Not ready to buy yet? Download a free sample We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData Arthur J. Gallagher chairman, president and CEO Patrick Gallagher, Jr., said: “Hruska Insurancenter is a specialist broker that will further expand our presence, markets and expertise in the habitational and commercial real estate market. I am very pleased to welcome Chuck and his associates to Gallagher.” Last month, Gallagher brokered a deal to acquire Colorado-based Ryan Insurance Strategy Consultants. The firm provides insurance recommendations to financial advisors for their clients, with a focus on life, disability and long-term care insurance planning. Rolling Meadows, Illinois-headquartered Gallagher provides insurance brokerage, risk management and consulting services. It has operations in 68 nations across the globe and offers client service capabilities in over 150 nations via a network of brokers and consultants.

https://www.lifeinsuranceinternational.com/news/gallagher-buys-hruska-insurancenter/

The insurance sector, ever dynamic and evolving, is poised for a transformative gathering at the Elets Insurance Innovation Summit & Awards, scheduled for 7th December, 2023, at the Holiday Inn, Mumbai. Embracing the theme “InsurTech Revolution: Charting the Future of Insurance,” this summit is dedicated to fostering pivotal discussions and innovative ideas at the forefront of the insurance industry. Elets Technomedia, with The Banking & Finance Post, has orchestrated this summit, bringing together top policymakers, insurance innovators, and leaders to strategize the future of insurance in a digital age. This premier event will host a stellar lineup of speakers, including industry leaders such as Sh. Inderjeet Singh, Secretary General, General Insurance Council; Anuj Mathur, MD & CEO, Canara HSBC Life Insurance; Manu Lavanya, Director & Chief Operations Officer, Max Life Insurance; Bikash Choudhary, Chief Actuarial and Governance Officer, Indiafirst Life Insurance; Dr Puneet Kaur Kohli, President – Information Technology & Data Office, Liberty General Insurance. They, among others, will share their invaluable insights, driving forward the conversation on insurance technology and strategies. The summit’s agenda is rich with topics ranging from technological advancements to strategic innovations in insurance. It’s an unparalleled opportunity for professionals to network, explore new partnerships, and gain insights from the leading minds in the sector. The Elets Insurance Innovation Summit & Awards 2023 is supported by its esteemed partners, setting a stage for celebrating innovation and acknowledging the remarkable contributions to the insurance industry. Newgen Software has backed us as an Innovation Partner; Cloud4C joins us as the Gold Partner; WebEngage joins us as the Retention Partner, and ACT21 & Haptik are our Exhibitor Partners. The supporting partner for this event is: General Insurance Council (GIC). The event will also witness the grand launch of the insurance-special edition of The Banking & Finance Post Magazine by the key dignitaries and policy makers of the industry. The Banking & Finance Post stands as the sole & premier B2B magazine within the BFSI sector that comprehensively portrays the accomplishments and pathways of prominent figures in the industry. The day-long deliberations will pivot around relevant topics in the Insurance sphere, including: An emerging horizon: Is India ready to transform the Indian Insurance Sector by 2047? Navigating the Indian Insurance Odyssey – Challenges & Strategies; Tech Renaissance in Insurance; Harnessing the power of Big Data & Analytics in Insurance Sector; Elevating Cyber Security & Risk Management as Insurance Imperatives; Transforming Insurance through Customer-Centric Innovation and many more exciting topics. The confluence will also witness Elets Insurance Innovation Awards celebrating the remarkable achievements of insurance institutions and individuals in innovation, adaptability, resilience, and technological progress. Moreover, the participants will have an unmatched opportunity to network with peers, explore new partnerships, and learn from the best about the latest technologies and solutions shaping the insurance realm. The Elets Insurance Innovation Summit & Awards promises to be an inspiring and enlightening event for attendees, providing valuable insights and facilitating collaborative discussions that will shape the future of the insurance sector. Delegates from various organizations, tech enthusiasts, and industry stakeholders are expected to attend this prestigious event. Be a part of this momentous event to experience the synergy of technology and expertise in the insurance sector. Join us at the Holiday Inn Mumbai International Airport, an IHG Hotel, Mumbai on 07th December, 2023, to be part of this revolutionary summit.

https://bfsi.eletsonline.com/elets-insurance-innovation-summit-awards-charting-the-future-course-of-insurance/

'Fire Dog' illustrator to appear at UHFD open house Paul Combs, the illustrator of the Sprinkles the Fire Dog book series, will read and sign books at the 2023 University Heights Fire Department Open House on Sunday, Oct. 8. The open house will run from noon to 3 p.m. at the Fire Department, attached to UH City Hall, and will include tours of the station, food, and fun family activities. Combs will read the book to attendees at 12:30 p.m. and again at 2:30 p.m. The books Sprinkles the Fire Dog and Sprinkles the Fire Dog 2—Making a Difference will be available for purchase at the event. The theme of national Fire Prevention Week 2023 is “Cooking safety starts with YOU.” At the open house, attendees will learn about fire safety in the kitchen and at outside grills. Sprinkles the Fire Dog is an inspirational story about a little puppy from a big city who dreams of one day becoming a fire dog. To achieve that dream, Sprinkles must overcome his physical limitations, the critical corner mutts, and his own self-doubt. This is a story about setting goals, putting in the work, and turning dreams into reality. Combs is an illustrator, retired firefighter, and author of three books. He is also a USO volunteer entertainer, leadership advisor, and keynote speaker. The reading and book signing by Combs is presented in partnership with Fire Engineering magazine. Mike Cook is the communications and civic engagement director for University Heights.

https://heightsobserver.org/read/2023/09/29/fire-dog-illustrator-to-appear-at-uhfd-open-house

The official Axor Helmets are now available with Warranty and Accident Insurance Coverage, powered by Bimafy. Aziz Auto, the official distributor of Axor Helmets in Bangladesh has introduced the 2023 product lines of Axor Helmets (including the limited edition Axor Street DC Batman, Axor Apex DC Joker, Axor Street Marvel Wolverine, etc.) in collaboration with Bimafy, the first and most trusted digital insurance platform in the country. This offer shall be valid from 1st December 2023, till further notice from Aziz Auto. Any official Axor Helmets bought after this date shall qualify for the Official Warranty and Accident Insurance coverage; customers must self-activate the warranty of the helmet to avail of the Warranty and Accident Insurance Coverage. What is the Accident Insurance offer? Axor helmets are conceptualized and designed in Italy while exclusively promoted by the pioneers of the industry, Vega Auto Accessories Pvt. Ltd., India. Axor Helmets do not just protect your head while riding, it also provides more if you are injured in a motorcycle accident as all official Axor Helmets by Aziz Auto now come with complementary accident insurance coverage, powered by Bimafy. The accident insurance coverage shall be valid for one year from the date of helmet purchase and you can get financial benefits if you are injured and get medical treatment. You will get complimentary Accident Insurance Coverage of BDT. 60,000 as per the following: |Accident Insurance Coverage |Life Insurance Coverage |Axor Street, Axor Apex, Axor Dominator, Axor Jet |Up to BDT. 50,000 |Upcoming Models (to be announced) |To be announced |To be announced To learn more about the Warranty and Accident Insurance offer, visit the official Axor Helmets Bangladesh Facebook page: https://www.facebook.com/axorhelmetsbd or call Aziz Auto Helpline: Axor Helmets Accident Insurance Guide and FAQ Axor Helmets Warranty Policy

https://bimafy.com/blog/axorhelmets

Rachel Kim Literary Agent – This article about Literary Agent Rachel Kim and 3 Arts Entertainment is part of a series about literary agents and How to Find a Literary Agent. Publishing Agent Rachel Kim is a new literary agent with 3 Arts Entertainment. Book Agent Rachel Kim represents poet Fatimah Asghar’s “Brown Girls” web series. She is interested in representing authors of nonfiction and fiction. Rachel Kim Literary Agent is on our list of New Publishing Agents (new book agents looking for writers), Publishing Agents New York (book agents in New York State), Publishing Agents NYC (book agents in NYC), Publishing Agents USA (book agents in the United States), Fiction Publishing Agents (book agents who represent fiction authors), and Nonfiction Publishing Agents (book agents who represent nonfiction, not just novels). Rachel Kim Literary Agent Biography The profile about Rachel Kim Literary Agent that you see here contains some of the information you’ll find in our free Directory of Literary Agents, with literary agent listings for both established and new book agents. Scroll below now to learn more about Literary Agent Rachel Kim or click here to get free instant access to our official Book Agents Directory. Book Genres – Rachel Kim Literary Agent Rachel Kim Literary Agent represents the following book genres: Representative Sales – Rachel Kim Book Agent Scroll below now to view representative titles and a complete profile for Rachel Kim FREE in our Book Agents Directory. AAR Status – Rachel Kim Publishing Agent Scroll below now to view the AAR status and a complete profile for Rachel Kim FREE in our Book Agents Directory. Contact Information – Rachel Kim Literary Agent Scroll below now to view the email and postal address for Rachel Kim FREE in our Book Agents Directory. Rachel Kim Literary Agent Directory of Literary Agents Join thousands of other subscribers today. Simply enter your first name and email address for free, instant access to the Directory of Literary Agents. Get complete access to comprehensive profiles for both established book agents and new literary agents like Rachel Kim Literary Agent.

https://literary-agents.com/rachel-kim-literary-agent/

One of Malawi’s leading insurers, General Alliance Insurance Company has signed an agreement with MalCom which will see MalCom, operators of MobiMax, collecting insurance premiums on behalf of General Alliance. The MobiMax Charge Card enables the card holder to access goods and services even at a time when the card holder does not have money in the bank, as the card does not link to the cardholder’s bank account. Speaking after the signing ceremony on Tuesday, General Alliance’s Business Development Manager, Hastings Kapesa, said the development will enable MobiMax Charge card holders to buy insurance policies from the company. He said the agreement will also allow card holders to pay their premiums in instalments by debiting the card holder’s account at discounted premiums. “The service will increase General Alliance’s market share and reduce debt management headaches. The product is efficient and effective as it has been approved by the Reserve Bank of Malawi,” said Kapesa. MalCom Limited Chief Executive Officer Chris Kanyuka said his company is excited about getting into an agreement with General Alliance that expands the MobiMax Charge card cashless transaction platform. “We believe that with this arrangement, MobiMax will increase its number of card holders and thereby also increase the size of cashless transactions in Malawi. (Visited 34 times, 34 visits today) Today’s top business story: Top Commercial Banks In Malawi

https://www.businessmalawi.com/general-alliance-signs-contract-with-malcom/

Coterie Insurance Joins Big “I” Agents Council for Technology CINCINNATI – May 11, 2023 – Coterie Insurance, a partnership-focused MGA simplifying small business insurance, is the newest company to join the Big “I” Agents Council for Technology (ACT). The partnership aims to leverage Coterie’s expertise while providing a platform through ACT work groups where Coterie team members can gain key insights. “The independent agency channel dominates the commercial property-casualty line with 88% of all commercial lines written premium in the U.S., according to the Big ‘I’ 2022 Market Share Report,” said Chris Cline, ACT executive director. “As ACT continues to lead the conversation to help agencies leverage technology to enable their unique strategies, we’re proud to welcome Coterie Insurance as a partner focused on helping independent agencies innovate in commercial lines, ensuring our channel’s excellent market share.” Coterie Insurance uses automated underwriting to provide instant quotes for partners as well as agents and brokers to better serve their small business clients. The completely digital process is powered by data to streamline the process from beginning to end, starting with asking for just two pieces of information for a bindable quote. Coterie Insurance’s product lineup includes general liability, business owners’ policies, and professional liability. “We’ve seen first-hand the impact that simplifying the insurance experience has on agents across the country, from saving time to reducing stress,” said Bobbie Collies, chief growth officer at Coterie Insurance. “We’re passionate about moving beyond legacy processes to unleash agents and their small business clients to reach their full potential, and we’re excited to partner with ACT as we trailblaze industry solutions.” Learn more about Coterie Insurance. The Agents Council for Technology (ACT) was established in January 1999 by the Independent Insurance Agents & Brokers of America (the Big “I”) to provide a candid, action-oriented forum to address the critical workflow and technology issues facing the independent agency system. ACT helps participants understand the perspectives of the other stakeholders in the process and provides excellent networking opportunities with the participants who are shaping the future for the industry on these issues.

https://www.coverager.com/coterie-insurance-joins-big-i-agents-council-for-technology/

Cyber criminals are targeting the real estate more than ever before. Get protected with a cyber insurance policy and let 1Fort help you save on your premium Losses from cyberattacks last year Cybercrime victims in real estate in 2021 Increase in ransomware attacks Hackers access an employee's email and download sensitive data on transactions A junior broker goes on a malicious website and enters their credentials Your finance team wires a payment to a hacker impersonating a partner Schedule a demo and we’ll connect with your broker. 1Fort is designed to help businesses get more affordable premiums and better coverage. We do so by helping businesses identify and remediate security gaps to insurability. 1Fort collects security configuration data on your organization through read-only connections to your systems. We don’t collect any sensitive data, like email exchanges and customer data. Currently, the cyber insurance application and renewal process can take up to 6 months, involving many long paper forms, meetings and email exchanges with your insurance company. 1Fort automates the process by helping you become insurance-ready in a few easy steps. If you’re a business that wants to get cyber insurance seamlessly and affordably, 1Fort is for you. Your trust is our number one priority. We're committed to safeguarding data following industry-leading standards. We work with an independent auditor to maintain SOC 2 compliance which objectively certifies our controls to ensure the continuous security, availability, confidentiality, and integrity of our customers' data. Learn more here. We make read-only, non-invasive integrations with your existing tools and solutions to collect data that insurance companies are requiring on applications. Examples include productivity suites and cloud services. You have full control over what data is being shared with 1Fort, your broker and your insurance company. We do not share data with carriers. You have full control over what data gets shared and with whom. 1Fort is not an insurance carrier or MGA. We empower leading retail brokerages to place cyber insurance with A-rated carriers.. 1Fort is not an insurance broker. We empower leading retail brokerages to place cyber insurance with A-rated carriers.

https://www.1fort.com/solutions/real-estate

What We Do Looking for a design that “ties” all three of our company logos together. The 3 companies work in parallel with homeowners by creating a benchmark of their roof by flying a drone over the roof once a year & documenting the findings. As time progresses we have years of reports to show an adjuster when we get a storm that causes enough damage for a replacement paid for by the insurance company. We are thinking that a “flow” showing arrows between the 3 logos in a circular pattern with storm backgrounds etc would be cool… • Hire Roof Shepherds to fly the roof & generate a report showing damage or no damage. They then “watch” the weather reports for possible damaging events and fly the roof after every weather event. They also closely monitor the roof for deterioration & wear and tear and will advise the client when the roof needs to be replaced. • Hire SAL Construction Services to “protect” the property by making any repairs necessary to mitigate any leaks that may arise, including any emergency tarping that is required from storm damage. The client also agrees to hire SAL Construction as the general contractor if and when an insurance claim is filed. • Hire Hagel Claims to “guide” them through any insurance claim that maybe filed in the future to represent them as their Public Adjuster. Hagel will also review their current policy to ensure adequate coverage should a claim need to be filed including the necessary code coverage and RCV coverage avoiding any hidden endorsements that may trigger an ACV payment. logo colors with storm background Our Ideas & Additional Information We are thinking that a “flow” showing arrows between the 3 logos in a circular pattern with storm backgrounds etc would be cool…The Hagel & SAL Logo's are PDF's of the Yard signs we use...so it would be cool to put those on a stake with a little tuff of green grass at the bottom if possible.

https://logotournament.com/contests/don-t-have-one-looking-to-tie-3-logo-s-together

Insr: Primary insider share purchase Insr's Board Member Øystein Engebretsen has today, September 5th, bought 100 000 shares in Insr Insurance Group ASA at a price of NOK 8.79 per share. After the transaction, Mr Engebretsen and related parties hold a total of 3 568 500 shares. For further information, please contact: Anne B. Knudtzon, SVP Business Controlling & Investor Relations T: +47 926 10 606 Partnership insurance made easy. Insr enables you to broaden your customer or member offering through white label and co-branding insurance solutions. We provide insurance risk capital and insurance expertise, whilst you maintain your customer or member relationship. Insr is regulated by the Norwegian FSA (Finanstilsynet) and has a license for all groups of non-life insurance, except for credit and guarantee insurance. Insr Insurance Group ASA was established in 2009 and is an independent insurance group listed on the Oslo Stock Exchange, with headquarters in Oslo. The Company’s main focus is on the market for property and casualty insurance for the retail and small enterprise segments in Norway and Denmark. Insr distributes its products mainly through partners and insurance agents.

https://news.cision.com/insr-insurance-group-asa/r/insr--primary-insider-share-purchase,c2896667

(NEW YORK, NOVEMBER 27, 2014). On December 5th, 2014 the John Street Club will be sponsoring a panel discussion on The “Emerging Risks”. Our panelists will be Ty Sagalow, CEO of Bitcoin Financial Group, the highly recognized expert on new insurance risks, Peter Gerken, Co-Founder and Senior Vice President of Steel City Re a leader in corporate reputation measurement and risk management, and Dr. Mark Browne, chair of the School of Risk Management faculty at St. John’s University. Dr. Browne holds the “Robert Clements Distinguished Chair in Risk Management and Insurance” and will be joining us after the Friday morning classes at the Astor Place campus. The panel will be moderated by Hank Watkins, who will engage the speakers in a conversation on three topics: (1) Reputational Risk, (2) Digital Currency (Bitcoin) Risk and Autonomous Vehicles (land and air), – each among the most commonly discussed risks the insurance industry has yet to provide a risk transfer solution to. Our speakers are: Dr. Mark J. Browne is the chair of the faculty of the School of Risk Management in the Tobin College of Business at the St. John’s University. Please read Mark’s full bio on the St John’s website. Peter Gerken is co-founder and Senior Vice President of Steel City Re. Please read Peter’s full bio on the Steel City Re website. Hank Watkins is the President of Lloyds’s North America. Please read Hank’s full bio on the Lloyd’s website.

https://innovationinsurancegroup.com/john-street-club-seminar-focuses-emerging-risks/

CV, Curriculum Vitae and Online Resumes Search Recruiters - Try Postings! Postings.com™ is a must-have for recruiters who want to: - Find Qualified Candidates - Find Job orders and Post Splits - Be Found in Search Engines - Implement a Social Sourcing Strategy Job Seekers - Look Here! Hitting a wall with your job search? Try Climber Premium. - Top the Search Engines - Unsurpassed Candidate Marketing - Power Career Networking - Fresh Jobs from the Net Were you looking for Commercial-Insurance job results? Click Here to search for Commercial-Insurance in our 2.4M jobs. Online Resumes with "Commercial Insurance" Tags for this Online Resume: Commercial Insurance Highly enthusastic professional with excellent Communication,interpersonal,decision making and leadership skills. Ethical, loyal,resourceful and detail oriented I have worked in the personal lines insurance field for 6 years. I have my P & C license and am well versed in auto, home, powersports, non-traditional dwelling, and some commercial insurance lines. Self-starter who excels in connecting with people and has a reputation for being knowledgeable and resourcesful. Provides strategic leadership and takes ownership in developing others on the team. Thorough, an excellent communicator and warrior of business development. Ideal Companies: Inc 5000 Companies Medical Biller that is cross trained in data control secretary and receptionist as well as patient registration and insurance verification. Ideal Companies: Any Insurance agency Great Organizer - Detailed Oriented - Good Listener - Skilled Scheduler - Will Find Answers to Questions if Not Known When Asked-Get Along Well With Others Ideal Companies: Westside of Columbus or Hilliard Location Tags for this Online Resume: Construction Office room for growth, steady salary and employment Experienced Executive Assitant with exceptional interpersonal, communication and organizational skills. Great multi-tasker, fast learner, loyal I spent 13 years working in customer service for insurance companies. For the past four years, I have been working for a Catholic school in the after school program and as a pre-school teacher's aide. Ideal Companies: I need to work for a company that will recognize my talents and reward for them. I need to work for a company with which I can grow and prosper. I also need to work for a company that understands my needs as a mother and wife.

https://li429-229.members.linode.com/online-resumes/pdf-doc-txt-rtf-resume/cv/resume/search/resumes/Commercial-Insurance

Upfort, a pioneering cyber security and insurance platform, has raised a substantial $8m in a recent Series A funding round. The round was spearheaded by SYN Ventures and saw significant contributions from Eniac Ventures and Fika Ventures. Notably, the latter two had co-led Upfort’s seed round. This recent injection of capital aims to bolster Upfort’s ambition of simplifying insurance sales processes for brokers and insurers. Furthermore, the platform seeks to protect clients from the growing menace of cyber threats. In the past year alone, ransomware attacks impacted a staggering 66% of organisations, resulting in a considerable financial drain on the global economy. Upfort stands out with its innovative approach to assessing and managing cyber risks. By equipping insurers and brokers with its platform, the company substantially reduces their clients’ vulnerability to cyber attacks. A recent study over an 18-month period highlighted the efficacy of the ‘Upfort Shield’ program. Policyholders who implemented the program witnessed a drastic 80% reduction in the likelihood of filing a claim. The platform offers a holistic solution, from risk management tools to insurance policies, all under one user-friendly interface. Xing Xin, Upfort CEO and Co-Founder, expressed his gratitude to the investors, stating, “Upfort was founded as a comprehensive cyber platform to safeguard businesses against evolving threats and new risks. The new investment will enable us to build on these efforts as we continue our mission of accelerating the world’s journey toward cyber resilience. We are grateful for the ongoing support of all of our investors, including SYN Ventures, as we fundamentally transform the economics of cyber risk. Today’s announcement is a testament to their trust and support of our work to bolster cyber resilience for companies worldwide.” For businesses, partnering with Upfort promises modern cyber protection. The platform transforms the traditionally intricate and expensive cyber insurance underwriting process. Upfort’s proprietary technology simplifies the purchasing journey for brokers, insurers, and clients alike. Comprehensive features such as AI-powered email protection, network defence, and continuous monitoring aim to prevent financial damages resulting from cyber incidents. Ryan Permeh, Operating Partner at SYN Ventures, shared his enthusiasm, stating, “At SYN Ventures, we wholeheartedly believe in the Upfort team’s vision–and ability–to transform the way businesses approach cyber security protection and resilience overall. In an age of rising cybercrime, Upfort equips organisations with the tools they need to protect themselves against the threat of cyberattacks, prevent losses, and analyse risk more intelligently. We are excited to spearhead the Series A funding round for Upfort – can’t wait to see all it does next.” Keep up with all the latest FinTech news here Copyright © 2023 FinTech Global Copyright © 2018 RegTech Analyst

https://member.regtechanalyst.com/upfort-attracts-8m-in-series-a-to-boost-cyber-resilience/

SAN FRANCISCO, Oct. 10, 2023 (GLOBE NEWSWIRE) — Betterview, the company the insurance industry depends on to identify and mitigate property risk, today announced a partnership with Near Space Labs, an innovative provider of high-quality earth imagery. Integrating imagery from Near Space Labs into the Betterview Property Intelligence Platform enables insurers to enhance the recency, frequency, and geographical coverage of property intelligence in underserved areas, enriching an overall view of property risk. Insurers need multiple sources of property imagery for different use cases, including aerial, satellite, and street-level photos. Multiple sources can also capture images that a single source may miss, particularly in rural areas. Recognizing this, Betterview continues to expand imagery capabilities and incorporate a range of collection methodologies. They found an ideal partner in Near Space Labs. “We were very impressed with what Near Space Labs had to offer,” says Armin Monajemi, vice president of strategic partnerships at Betterview. “Their imagery, captured by a revolutionary nimble fleet of autonomous high-altitude robots, gives us an in-depth look at areas of the country that have historically been hard to access, ensuring our customers always have the imagery they need. The two companies really see eye-to-eye, partly because of our startup background, and also because we share a mission: to reveal a complete picture of property risk.” Near Space Labs also acknowledges the advantages the integration creates for Betterview customers. “Our imagery is refreshed every 90 days, giving insurers unbeatable recency. And if they need us to fly over a specific location to capture additional images, we’ve got them covered,” says Matthew Tucker, vice president of sales at Near Space Labs. “Together, Betterview and Near Space Labs are improving insurers’ overall view of risk by removing blind spots from underwriting and claims.” Betterview customers can access imagery from Near Space Labs through Partner Connect in the Property Intelligence Platform. In addition to consistent 90-day refreshed historical images, insurers can also access Near Space Labs’ Post-CAT Recovery imagery for claims and catastrophic response use cases. About Betterview: Betterview is the Property Intelligence & Risk Management Solution the insurance industry depends on to identify and mitigate property risk, improve underwriting and inspection efficiency, and build a more transparent customer experience. Applying Artificial Intelligence (AI) and computer vision to aerial imagery and geospatial data, Betterview generates the most accurate property information insurers trust to automate pricing, underwriting, and renewals while focusing strategic action on critical properties. For more information, please visit www.betterview.com. About Near Space Labs: Near Space Labs is a cutting-edge Earth imagery and geospatial data company on a mission to provide universal access to high-quality information about our rapidly changing planet. Near Space Labs provides ultra-high-resolution imagery refreshed every 90 days, servicing 100% of the contiguous U.S. with the largest zero-emission balloon fleet in the stratosphere. We empower analytics partners with highly updated property data to help customers proactively mitigate risk, validate and accelerate claims, and reduce losses. For more information, please visit www.nearspacelabs.com.

https://absolutefusion.my/2023/10/globenewswire/betterview-partners-with-near-space-labs-for-expanded-imagery-coverage/

The UOB Group Remuneration Policy is applicable Group-wide and includes all overseas subsidiaries and overseas branches within the Group. It sets out the principles and philosophies that guide the design, operation and management of our remuneration programmes. The objective is to ensure we attract, motivate and retain a highly-skilled workforce across the organisation worldwide, while also encouraging values-based behaviours that underpin the long-term financial strength and reputation of the Group. Our remuneration programmes are designed to support the Group’s business strategies and objectives and to comply with the principles and standards set by the Financial Stability Board and the Guidelines on Corporate Governance for Financial Holding Companies, Banks, Direct Insurers, Reinsurers and Captive Insurers which are Incorporated in Singapore. The policy covers the remuneration of directors and all employees, including Senior Executives (SE) and Material Risk Takers (MRT). SEs are the Group Chief Executive Officer and senior corporate Managing Directors. MRTs are employees with significant organisational responsibilities that have a material impact on the Group’s performance and risk profile, and employees with high risk mandates in the form of risk-weighted assets and trading limits. The policy is reviewed by the Remuneration Committee (RC) regularly to ensure our compensation practices and programmes take into consideration regulatory requirements and are responsive to market developments.

https://www.uobgroup.com/AR2017/remuneration.html

No one is immune to mistakes or bad decisions—not even leaders of an organization. Directors and officers liability insurance is there to protect them in the event of a lawsuit or claim. Directors and officers insurance is there to protect them in the event of a lawsuit or claim. It provides compensation to cover the damages, settlements and legal defence fees that can result from allegations of wrongdoing and proceedings brought against all types of decision-makers. Wrongdoing of which they may be accused and which can be covered by directors and officers liability insurance includes: - Irregularities and wrongful acts in terms of recruitment and human resources - Failure to comply with the law - False statements made to shareholders, creditors and others - Financial mismanagement - Failure to fulfill fiduciary obligations - Lack of transparency - Conflicts of interest However, it excludes: - Bodily harm - Property damage - Current and past litigation - Direct indemnification for directors and officers that protects their personal assets in the event of proceedings brought against them - Reimbursement for indemnities that the company has paid to officers or directors - Proceedings brought against the company directly that protect the company against its own losses in the event of a joint lawsuit with the directors and officers It is also possible to add optional needs-based additional coverage to the policy To make sure you have the right coverage to protect your directors and officers, we advise you to speak with one of our fully independent brokers. They will conduct an in-depth analysis of your company’s situation, advise you on what coverage is needed and work with insurance companies to find what’s right for you, at the best possible price. Each time someone at the head of an organization—no matter its size—makes a decision, they are exposing themselves to lawsuits by creditors, suppliers, customers, competitors, legislators, employees and shareholders. This means that they might need directors and officers liability insurance! Know that commercial companies and not-for-profit organizations can all benefit from directors and officers liability insurance. It can protect members of a board of directors as well as the officers of a private company and the directors of a not-for-profit organization. With this insurance, they know that their personal assets are protected, which can make it easier to recruit and retain new high-level talent.

https://multi-risques.com/en/business/products-and-solutions-business/directors-and-officers-liability-insurance/

30th January 2023 Davies, the leading specialist professional services and technology business, serving insurance and highly regulated markets, today announced the acquisition of MVP Advisory Group, LLC (“MVP”), the consulting business specialising in advisory & transformation projects for the property & casualty and life & health insurance markets. With headquarters in Chicago, Illinois, US, MVP’s insurance & technology specialists manage projects in all areas of insurance including underwriting, policy administration, claims management, client experience, finance, compliance, data warehousing, data, analytics, human resources, and information technology. Creating partnerships which complement and leverage each client’s existing capabilities, MVP provides deep expertise, including transformational roadmaps, programme management, quality assurance, data management, and analytic and digital transformation and engagement. MVP will join Davies’ global Consulting division led by Consulting & Technology CEO, Mark Grocott. Managing Partners of MVP Russ Bostick & Donn Vucovich will continue to lead the business and all MVP employees will continue in their roles within Davies whilst continuing to work closely with MVP’s existing contractor network of subject matter experts. In recent years, Davies has diversified and deepened its consulting & technology capability to provide customer experience, resourcing and learning solutions, as well as data & speech analytics, robotic process automation, legacy platform modernisation and product development for its 1,200+ insurance and highly regulated clients. In 2021 the firm expanded its international technology transformation & digitalisation, international regulatory compliance, and risk management capability for its insurance, banking, and wider highly regulated clients through the acquisition of Sionic. Davies has established and expanded its operations in the US through a combination of strong organic and M&A growth in recent years, with the firm now offering a full range of TPA and loss adjusting solutions across all 50 states, as well as captive management, auditing, actuarial, subrogation, excess claims management and risk & inspection solutions. Globally, Davies’ 6,500+ colleagues operate across Bermuda, Canada, India, Ireland, Spain, Switzerland, the UK, and US. The business delivers professional services and technology solutions across the risk and insurance value chain, including excellence in claims, underwriting, distribution, regulation, customer experience, human capital, digital transformation & change management. Dan Saulter, Group CEO, Davies commented: “I’m delighted to welcome Russ, Donn and the entire MVP team to Davies. Bringing a wealth of knowledge & talent in delivering advisory services & transformation projects exclusively for the insurance market, the business is a great addition to our growing consulting platform. “The insurance landscape continues to evolve quickly. With new entrants to the market disrupting traditional operating models, it’s become essential for insurers who want to remain relevant and compete to invest in digital transformation. MVP’s expertise & commitment to the insurance market, coupled with its strong partnership approach has helped many clients successfully navigate this evolution by leveraging the power of digital technology, and I’m excited to now be able to offer this talent to our growing client base around the world.” Russ Bostick, Managing Partner, MVP added: “I’m very pleased that MVP is becoming part of Davies which has a shared focus on innovation and digital transformation to guide insurers through every step of any complex transformation project. I look forward to working with Dan, Mark and the wider Davies team to develop and strengthen our highly specialised insurance operations & technology consulting services for our clients.” Sherman & Company advised MVP on the transaction Davies, the leading specialist professional services and technology business, serving insurance… LONDON, UK – 08 September 2022 – Davies, the leading specialist… LONDON, UK – 18 July 2022 – Davies, the leading specialist…

https://davies-group.com/knowledge/davies-strengthens-its-global-consulting-and-technology-capability-through-the-acquisition-of-us-based-insurance-specialist-consulting-business-mvp-advisory-group/

AIG has appointed Gero Michel to a new role that will see him heading up risk analytics across the reinsurance related brands of Validus, Talbot and the ILS specialist unit AlphaCat. Michel took on the role of Head of Risk Analytics, AIG Re in February of this year, joining the insurance giant from his most recent role with broker Aon’s reinsurance department. Michel’s role for AIG Re will see him tasked with helping the reinsurance activities within Validus, Talbot and AlphaCat ensure capital is optimised and opportunities between them are maximised. That will include a focus on the creation of new insurance-linked securities (ILS) product strategies and opportunities within the group, which will likely be managed by the AlphaCat ILS unit, we understand. Michel’s most recent role was with Aon’s Reinsurance Solutions as Head of UK and EMEA Analytics, He joined Aon from Chaucer, where he held a Managing Director and Senior Treaty Underwriter role covering its European operations, with responsibility for analytics, underwriting and parametric solutions. Prior to that, Michel was the Chief Risk Officer and Head of Risk Analytics for now defunct Bermuda reinsurer Montpelier Re, before which he worked at broker Willis in product development and as Managing Director for the Willis Research Network. Michel has also held positions at re/insurer Endurance, risk modelling firm RMS and reinsurer Hannover Re in his roughly twenty year career in the sector. Michel’s expertise in reinsurance related analytics as well as data-driven risk transfer product design, will assist AIG as it establishes the best use of third-party capital within its business and synergies that will benefit its AlphaCat ILS unit.

https://www.globalreinsurance.com/aig-hires-gero-michel-to-head-up-risk-analytics-/1432955.article

No medical exam, ever! Our unique application process ensures you are getting, comprehensive, affordable coverage fast. With traditional life insurance it can take months to process an application. We can get you covered on the day you apply. From getting an exact quote, to paperless application, to obtaining instant approval, we ensure your experience is seamless. What our clients say You asked, we answered What factors affect my rate? For our Final Expense plan, the rate depends on age, gender, smoking status and amount of coverage. For Accidental Death Plan the rate depends only on amount of coverage. For our term life insurance plans, the rate will depend on age, gender, smoking status, amount and duration of coverage as well as your answers to a health questionnaire. - Laura Wong Is there a money back guarantee? Yes! Our Final Expense, Critical Illness and Accidental Death Plans have a 30-day review period. Term life insurance plans have 10-day review period. Within this period, you are free to cancel your policy and get a full refund of premiums. After the review period, you can cancel without any cancellation fees. - George Smith Does COVID-19 vaccination affect eligibility or claims? Your vaccination status does not affect your ability to apply for life insurance. It also has no effect on our claim process. - Jennifer Clarkson Will Specialty Life be around to pay out my claim? Every insurance company in Canada is required by law to protect policyholders by being a member of Assuris. Assuris a non-for-profit organization that will pay out the policy in case the insurance company fails to do so. - Kevin Lee Is life insurance benefit taxable and are premiums tax deductible? In Canada, the life insurance benefit is not subject to taxation. In most cases your insurance premiums are not tax deductible, but speak to your accountant about any exceptions. - Kelly Richard

https://specialtylifeinsurance.ca:443/

Hamilton, Bermuda—Mosaic Insurance has opened an office in Singapore and hired two specialty underwriters to build its transactional liability business across the Asia-Pacific region. Benn Wilson will serve as regional CEO, and Head of Asia for Mosaic’s transactional liability division. Joining him is Edwin Chau, Manager, Transactional Liability, who will also focus on developing the company’s M&A insurance business across the region. “Asia has always been part of our strategic vision for Mosaic, so we’re pleased to be open for business in this vital market,” said Mosaic’s Underwriting Director, David White. “Our Singapore office, under Benn’s leadership, enhances the global underwriting access we have built to date and our Lloyd’s platform allows us to leverage relevant licenses and respected ratings to speed business growth.” Underwriting capacity for Mosaic’s Singapore platform is provided by the company’s Lloyd’s Syndicate 1609, managed by Asta Managing Agency. Asta’s service company, set up on the Lloyd’s Asia platform in Singapore, supports Mosaic with underwriting oversight and regulatory compliance services. “I am delighted to have both Mosaic and Asta join the Lloyd’s Asia platform in Singapore,” said Mark Dyson, Interim Country Manager, Singapore and Interim CEO, Lloyd’s Asia. “We have seen strong top-line and profitable growth on the platform in the previous two years and increasing the number of Lloyd’s syndicates further strengthens our underwriting capabilities and product offerings.” Wilson has lived and worked for more than 15 years in Asia, specializing in the M&A insurance sector. Before joining the industry in 2015, he was a corporate and private M&A solicitor for Ashurst LLP and in-house counsel for telecoms company Ooredoo. “I am delighted to join Mosaic to help launch its first Asian office and lead its transactional liability business here,” Wilson said. “Singapore is the ideal location from which to build an Asian business, as it’s a key regional hub for specialty insurance and, in particular, for the transactional liability market.” Chau previously spent three years at AIG, where he was responsible for underwriting transactional liability insurance in the region. Prior, he was on the broking side, as a director at Aon’s transaction risks team for more than six years. The new office, located in Singapore’s central business district on Battery Road, marks Mosaic’s eighth since the company launched on February 4, 2021. With a current total of more than 130 employees, it also has underwriting hubs located in Bermuda, London, New York, Chicago, Toronto, Frankfurt, and Dubai. The specialty insurer focuses on seven lines of business: transactional liability, cyber, financial institutions, professional liability, political violence, political risk, and environmental liability. PHOTO CAPTION: Mosaic’s Singapore team: Benn Wilson (right), regional CEO and Head of Asia, Transactional Liability, and Edwin Chau, Manager, Transactional Liability Mosaic is a next-generation, global specialty insurer harnessing visionary leadership, exceptional underwriting talent, a focus on complex product lines, and a digitized operating model. Coupling Lloyd’s Syndicate 1609 with a wholly-owned syndicated capital management agency, Mosaic is uniquely positioned to offer capacity and custom service to clients in markets around the world. We leverage the value of Lloyd’s, along with the market’s global license network and financial-strength ratings: A+, Strong Outlook (Standard & Poor’s); A, Excellent Outlook (AM Best); AA-, Very Strong Outlook (Fitch Ratings). Visit mosaicinsurance.com and follow us at @Mosaic1609. The information contained herein is for general informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product or service. Any description set forth does not include all policy terms, conditions and exclusions. Bound insurance policies, rather than summaries thereof, govern. Not all insurance coverages, products or terms may be available. US risks may be placed in the surplus lines market; surplus lines insurers do not participate in US state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers. Contact Mosaic or your broker for additional details.

https://www.mosaicinsurance.com/news/press-releases/mosaic-opens-singapore-office-as-asia-pacific-market-platform/

Allianz Partners Wins Eleven Awards In The Canstar Travel Ratings Allianz Partners travel insurance partners have won 11 awards in this years’ Canstar 2023 Travel Insurance Ratings. House of Travel, Tower Insurance, AMP and Worldcare have placed as winners across all four categories, highlighting the strength and quality of Allianz Partners’ on and offline travel insurance offerings across multiple channels. Allianz Partners’ Travel Insurer Outstanding Value Awards wins include: International Travel Insurance: House of Travel, Tower, Worldcare. Trans-Tasman Travel Insurance: House of Travel, Tower, Worldcare. Seniors Travel Insurance: AMP, Worldcare. South Pacific Cruise: House of Travel, Tower, Worldcare. Allianz Partners’ Chief Sales Officer, David Wallace says: “We are delighted with these achievements and that our partners, House of Travel, Tower and AMP, have received this recognition. Obtaining comprehensive travel insurance is more important than ever. If you can’t afford travel insurance, you simply can’t afford to travel.” Canstar New Zealand spokesperson Irene Chapple says: “Canstar’s always looking for the best value offers for consumers, and our Outstanding Value travel insurance awards recognise the providers that deliver the most extensive features, for the best value. Arranging any sort of travel can be hectic at the best of times and we hope these awards go some way to helping consumers with their decisions." Canstar’s 2023 Travel Insurance Ratings saw 18 products rated across 44 providers, with five winners in total. This year in addition to Worldcare, House of Travel and AMP winning Outstanding Value awards across multiple profiles, Tower Insurance has made it to the top rated providers list for the first time. For more information visit the Canstar website here.

https://www.scoop.co.nz/stories/BU2311/S00354/allianz-partners-wins-eleven-awards-in-the-canstar-travel-ratings.htm

At a time when the humanitarian funding gap continues to widen, African Risk Capacity seeks to contribute to solutions for better allocating international resources in a cost-effective and timely manner. ARC Member States currently pay premiums through national budget processes and receive payouts for pre-approved contingency plans from ARC Ltd. The share of coverage against total disaster funding requirements ranges from less than 10% up to 30%, with the remainder largely sourced through the UN appeals process, which itself is increasingly unable to meet the full identified needs. By building on ARC’s government-led risk management infrastructure, the stage can be set for the evolution of the traditional appeals-based model for managing predictable natural disaster risks, switching to a largely ex ante system embedded at the sovereign level, thereby freeing up scarce humanitarian funds for complex risks that cannot be easily managed by governments nor financed by insurance-like instruments. African Risk Capacity’s Replica Coverage allows UN agencies and other humanitarian actors to match ARC country insurance policies By matching country policies, international resources would be used more cost-effectively through participation in ARC’s government-led risk management system while doubling the coverage of climate risk insurance. Countries lacking financial and operational capacity for greater coverage expansion beyond that purchased by themselves would benefit from UN Agencies and other humanitarian actors, providing both increased insurance-based funding and scaled, coordinated, and timely operational execution. ARC’s Replica Coverage operates under three principles: - A Plan to Build Government Capacities Over Time: Through insurance and its in-country capacity building programme, ARC Agency provides expertise to and incentives for governments to invest in their emergency planning and response capacities. The payment of premiums from the national budget is simply the last step in a process of building both financial and political ownership and accountability. In order properly to align incentives, countries would only be eligible to receive matching insurance after their second year of participation in the ARC insurance system. Humanitarian actors alongside the governments in this process would align otherwise potentially distorted incentives between national financing and programmes and international efforts. - Government Ownership of Planning and Response: In order to be eligible to take out an insurance contract, all participating governments must seek approval for their operations plans from ARC’s Peer Review Mechanism (PRM). While an international organization or NGO plan may not go through the full technical process in-country, the plans for use of funds flowing from replica coverage must still be approved by the government as part of its broader drought-, flood-, or cyclone-response plan submitted to ARC in order for replica coverage to be purchased. - Alignment with Global Policy: In order to ensure harmonisation with post-2015 global policy (in climate change, humanitarian financing, and disaster risk reduction), the ARC Agency Governing Board will form a high level consultative group with the heads of relevant UN and other humanitarian agencies participating in the replica coverage programme. For more information, hear how ARC partners are working to implement Replica Coverage:

https://www.arc.int/arc-replica

Table of Contents Truebill is a leading fintech whose mission is to empower the financial health of millions of Americans. Through its fintech risk management app, Truebill analyzes its members’ spending habits, identifies inefficiencies, and offers immediate methods to improve their financial health. The company enables people to optimize their spending, manage their subscriptions, lower their bills, and automatically set aside money to reach their savings goals. The company was founded in 2015 by three brothers, successful veteran entrepreneurs Yahya, Haroon, and Idris Mokhtarzada. Since 2016, Truebill has saved members more than $100 million with their fintech risk management best practices. In 2021, the company was acquired by Rocket Companies. It is headquartered in Silver Spring, Maryland, with offices in San Francisco. Truebill is committed to empowering people to live their best financial lives. The fintech risk management app provides members with a unique understanding of their finances through its valuable services to save them time and money. In that way, Truebill gives members a leg up on their financial journey. The Search for Fintech Risk Management via Insurance As a mobile app development and financial software company, Truebill has faced challenges similar to those faced by other fintechs, especially when it comes to mitigating cybersecurity risks. Being a startup, the company also needed protection against the kinds of risks that come with raising funds to drive innovation and growth. While looking for cyber liability insurance, Truebill’s management team quickly realized that traditional insurance brokers did not provide the kind of coverage that they, a rising fintech, needed. The prices offered by those insurers were often too high, their coverage was not comprehensive enough, and some insurers did not offer a cybersecurity policy at all. Many brokers also required a time-consuming process to get a quote that involved antiquated, long questionnaires, making it extremely difficult to get insurance in a timely fashion. For startups like Truebill that are committed to innovation, devoting so much time and resources to meet the demands of traditional insurers can be a challenge because it distracts developers from focusing on their real work, which is to improve their product and meet customer needs. Truebill was looking for an insurer that would allow its team to focus on growing the business rather than distract them from meeting their goals. Embroker’s Fintech Risk Management & Insurance Solutions While looking for the right insurer, Truebill’s management found the solutions they needed at Embroker. As a leading digital insurance provider, Embroker is ideally suited to help fintech companies such as Truebill. Through its commitment to making insurance radically simple and affordable, Embroker provides companies like Truebill with the opportunity to get fast quotes that can save them time while allowing them to get the coverage they need to protect their business. Truebill’s management team was particularly impressed with how easy it was to connect with Embroker’s team, which made it fast and efficient for them to find the insurance policies that they needed. The management team found Embroker very responsive to their questions, and willing to devote the time and attention needed to make sure Truebill could get the best pricing possible. Embroker’s platform also made it easy to manage the required insurance policies all in one place. Embroker helped Truebill to implement a robust process around fintech risk management. They provided Truebill with the resources and advice needed to assess any potential risks, in order to determine what policies were best suited for them to insure their business. “Embroker helped us to streamline the insurance process to help with risk mitigation. It saved us a lot of time and headaches, making it easy for us to sleep at night knowing that we’re covered and that our business is protected.” – Peter Holden, Head of Finance and Accounting, Truebill What Coverage Comes in Fintech Insurance? Embroker’s expertise in fintech insurance made it easy to identify the policies that Truebill needed to protect its business. Embroker and Truebill designed a number of solutions for full coverage of the company’s exposures to risk. Together they decided: - Getting the right cyber liability insurance was of paramount importance to Truebill given its status as a growing startup. - Management liability insurance provides additional important protection by offering both directors & officers insurance (D&O) and employment practices liability insurance (EPLI). - For tech companies, technology errors & omissions insurance (tech E&O) is a must as well, in order to protect businesses so that they can continue to innovate and improve their products. - Embroker’s business owners policy also provides market-leading commercial property, general liability, and business interruption insurance, all of which are needed for comprehensive fintech insurance. - Embroker also provides additional protection through commercial umbrella liability insurance. The umbrella insurance sits on top of other insurance policies so that, if the underlying insurance policy limits become exhausted, the policy can kick in and provide additional liability protection. With Embroker’s help, Truebill’s business and leadership are now protected by a robust set of fintech insurance policies. Having the right insurance coverage in place means that Truebill’s management and team of developers can focus on running their business and helping their customers, by continuing to innovate and improve their products. “Embroker is a perfect vendor and partner for startup companies. They understand the challenges that startups face, and what kind of protections startups need. They have a great set of advisors and a great platform to help protect your business.” -Peter Holden, Head of Finance and Accounting, Truebill Following its recent acquisition by Rocket Companies, Truebill is looking forward to an exciting new phase in its growth journey. While keeping its focus on developing its products and serving its customers, the company now has the resources and advantages that come with being part of a larger organization. Fintech Risk Management Summary Truebill’s leadership and team of developers are committed to continually improving the company’s personal finance app so that their customers can be empowered to live their best financial lives. The kind of innovation that companies like Truebill invest in to grow is only possible through risk-taking, which is why having the right fintech risk management plan and insurance coverage in place is so important. Embroker understands the risks that companies like Truebill face in the digital and financial environment, from cybersecurity concerns to potential liabilities against the company’s leadership and management. At the same time, fintechs and startups also face the challenge of dealing with insurance providers whose policies are often too time-consuming and expensive. That is why Embroker is committed to providing tech companies like Truebill with easy, affordable, and complete insurance coverage, to guarantee effective fintech risk management so that they will be protected as they continue to grow in the future. Running your own real estate business isn’t all designer handbags and stilettos. Let’s face it, in spite of what Netflix might want us to believe, it’s very rarely that glamorous. Instead of selling sunsets, most realtors and brokerages are focused on selling properties. In fact, that’s what makes real estate business insurance so important. In […] As an accounting professional, having insurance is essential to the success of your business, but you may be wondering what to expect when it comes to CPA insurance costs. Or, maybe more importantly, what is the cost of not having it? After all, the accounting profession is complex, with numerous laws and regulations that accountants […]

https://www.embroker.com/case-studies/fintech-risk-management-truebill/

Aegis Lumber & Building Materials Launches with Backing by K2 Insurance Services Program writes all five lines of Property and Casualty insurance coverages with top ‘A’ Rated Insurance Carriers Aegis Lumber & Building Materials, a division of Aegis General Insurance Agency and K2 Insurance Services, announce the launch of their Lumber and Building Materials insurance program. Aegis LBM writes all lines of coverage with significant capacity in this challenging market, writing Property up to $20M per risk, General Liability, $5M of in-house capacity for Excess Liability and Workers Compensation nationally, plus regional admitted Commercial Auto in select states. With Fortegra Specialty Insurance Company (AM Best’s rated A- IX), Aegis LBM will write building materials manufacturers and dealers, hardware stores, lumberyards, secondary forest products (such as cabinets, trusses, and molding), wood products of all types, granite and marble countertops, brick and block, and most other materials that go into houses and buildings. Aegis LBM will also write Workers Compensation with Midwestern Insurance Alliance (a sister program at K2) with QBE Insurance, and will write Northeastern Regional Auto with Lancer Insurance. Jamie Taylor, the President of Aegis LBM, leads an experienced team of lumber insurance veterans, including Bob McSorley, a 30+ year insurance leader, formerly of Pennsylvania Lumbermens Mutual. Their niche-specific underwriting, paired with their commitment to responsiveness and ease of doing business are what sets this group apart. “We have an awesome team in place with strong products, great carrier partners and solid loss control for almost any risk in our market,” said Taylor. “We’re thrilled to bring Aegis Lumber & Building Materials to a market in need of excellent underwriting, superior service, and outstanding loss control solutions.” “Fortegra is excited to work with K2’s Lumber & Building Materials Division,” said Cooper Wallach, VP of Specialty Products and Programs of Fortegra. “Jamie Taylor and his experienced team of underwriting professionals are poised to make a significant impact in this niche home improvement industry. We are proud to be a part of their future success.” About Aegis Lumber & Building Materials Aegis Lumber & Building Materials is a new Insurance Program providing the full suite of Property & Casualty Insurance coverages for the Lumber, Building Materials and Secondary Forest Products Industries. Writing large capacity Property, General Liability and Excess Casualty, Workers Compensation and Commercial Auto through partners Fortegra Insurance Company, Midwest Insurance Alliance, QBE Insurance and Lancer Insurance, Aegis LBM offers coverage for all of your lumber and building material needs. Backed by a team with deep lumber insurance experience, Aegis LBM is dedicated to providing the best in class customer experience. Aegis Lumber and Building Materials is a K2 Insurance Services Brand. Katherine Moura – Chief Brand & Communications Officer – [email protected] Source: Aegis General Insurance Agency, Inc.

https://www.lumberbluebook.com/2023/11/29/aegis-lumber-building-materials-launches-with-backing-by-k2-insurance-services/