OneBeacon Technology at Eurapco

Staying well connected to our international markets helps strengthen our global capabilities. One such opportunity is the European Alliance of Insurance Companies or Eurapco. With representatives from many European nations (France, Germany, Netherlands, Spain, etc.), this network focuses on sharing insurance industry knowledge, skills and insights on a peer to peer basis. This week, a commercial lines group seminar is underway, featuring a presentation by OneBeacon Technology’s John Wurzler and Lloyd Takata, who will discuss  FATCA (Foreign Account Tax Compliance Act). We welcomed this opportunity and look forward to learning about emerging trends from our European counterparts.

 

Eurapco

 

 

NAPSLO 2014: Visit with Our Specialty Groups!

The 40th annual National Association of Professional Surplus Lines Offices (NAPSLO) convention is taking place this week in Atlanta. The conference brings together more than 3,500 surplus professionals for three days of educational workshops, panel discussions and networking opportunities.

If you’re in attendance, be sure to visit with OneBeacon representatives from our Environmental, Professional Insurance and Specialty Property Groups who can offer specialty insurance insights. For more info on NAPSLO 2014, visit http://www.napslo.net/2014/index.html.

3D Printing Insights

Have you seen a 3D printing demo yet? Or are you just curious about how it works and what exposures it represents? We’re pleased to share an article published in US Tech authored by OneBeacon Technology’s Steve Morkovsky. Titled “Taking Printing to the Next Dimension” this piece describes the various 3D printing technologies, its emerging commercial applications and the inevitable risks associated with this new approach.  We hope you enjoy the article!

Bitcoin 101

Are you “Befuddled by Bitcoin?” If so, you may enjoy reading the recent article authored by OneBeacon Technology’s Joe Budzyn and Lloyd Takata, published in the September issue of Risk & Insurance. In this piece, Joe and LLoyd explain this virtual currency and how it works, and highlight the associated risks. For additional insights on the fast-paced technology segment, visit onebeacontech.com and view our whitepapers library and other resources.

OneBeacon Technology Video

Meet OneBeacon Technology Insurance’s Teodor Dhami, as he discusses our approach to technology underwriting. Besides working with dedicated technology-only underwriters, we apply our specialized resources to help us understand each account, including risk control services and even personally meeting insureds. Working in partnership with producers who share our focus on the technology market segment results in compelling insurance solutions and targeted services for the customer. We invite you to visit our YouTube channel to hear about this firsthand from Teodor.

Interested in understanding the SDN trend?

”Software Defined Networking” or SDN is an emerging technology that allows for greater control over a network’s data traffic. Given its inherent benefits to corporate IT functions, increased spending to incorporate this technology is anticipated . As well, in recognition of this networking paradigm shift, new startups, as well as existing firms will enter this market to provide products and associated services to implement and manage SDN. Understanding SDN, its associated benefits and risks is consequently increasingly important. OneBeacon’s Technology Insurance group is pleased to provide you with our dedicated whitepaper on this topic, titled “Software Defined Networking – the Evolution of the Network” authored by risk control manager Tushar Nandwana.

Shark Week: Are You Safe?

What would Discovery Channel’s “Shark Week” be without the obligatory message about boat insurance? The Insurance Information Institute (I.I.I.) details these types of policies and how they can protect you and your vessel. Typically, boat insurance covers bodily injury, property damage, guest passenger liability, medical payments and theft. The article also discusses boat safety, including traveling at safe speeds and in proper weather conditions.

If you’re in the market for marine insurance coverage, visit National Marine Underwriters’ website at http://www.nmu.com/. With a sole focus on marine insurance, NMU is a leading underwriter of recreational boats, yachts and six passenger charter boats.

OBGR’s Molenaar Presenting at Colorado PRIMA

Our Government Risks group is attending the Colorado Public Risk Management Association (PRIMA) Conference this week in Vail, Colorado. Taking place from August 10 through August 12, the 23rd annual conference kicked off on Sunday with an opening reception and golf tournament, followed by educational opportunities and keynote speaking presentations on Monday and Tuesday.

OBGR Vice President Dennis Molenaar will participate in a speaking engagement Monday afternoon titled, “A New Look at Negligence.” From negligent retention of problem employees to negligent maintenance of buildings or property, negligence is a fast growing trend in public entity lawsuits.

Molenaar will discuss ways to reduce exposure to negligence and teach the importance of proper documentation before facing a claim.

For more information on the conference, please view the agenda and speaker bios.

It’s Hot Out There: 4 Tips to Prevent Heat Stroke

August is here and many of us want to enjoy this last full month of summer outside. But while you may be eager to soak up the sun, PropertyCasualty360 reminds us that August is also heat stroke season. During the hottest months of the year, our bodies become more prone to heat exhaustion. According to the National Weather Service, heat is a leading-weather related killer.

To minimize the risk of heat stroke, review these 4 tips by PropertyCasualty360. Remember to stay cool and hydrate while you enjoy the dog days of summer!