New Whitepaper: Technology Service Organization Accounting Standards

The business of technology is typically about innovation and increasing productivity. But like any industry, it’s also about sound management practices and operating controls – and certifying proper compliance with such practices. The accounting standards governing third-party “service organizations” were established by the American Institute of Certified Public Accountants (“AICPA”). SAS 70 and SSAE 16 offer a consistent framework for assessing service organizations’ financial and operational controls.
Understanding SAS 70 and SSAE 16, the risks associated with noncompliance and why these standards matters to insurance professionals is the subject of our latest whitepaper, titled “SAS 70 & SSAE 16: A Primer on Changes to Service Organizations Audit Standards.” Authored by Technology Risk Control Specialist Jack Fletcher, these insights will enable you to understand these AICPA standards and ultimately better assess the exposures and controls within those service organizations you may represent or that provide services to your clients.

To view our complete technology risk management whitepapers, visit our dedicated technology insurance website: www.onebeacontech.com.

NMU Launches Redesigned Website

National Marine Underwriters (NMU) is pleased to announce its newly redesigned website www.nmu.com. Now you can get the same great information about our boat and yacht offerings, plus new information such as news and events and relevant industry articles. Additionally, to improve your experience, the website is mobile-enabled for viewing on a smart phone or tablet.

Check out the website and see what you think!

NMU.com

OBTI’s Wurzler Attending College Career Symposium Nov. 14

OneBeacon Technology President John Wurzler will visit his alma mater this Friday for the Saint Michael’s College Career Symposium in Colchester, Vt. The sixth annual event includes a keynote speaker, industry-specific panels and roundtables designed to educate students about career opportunities. Wurzler will focus on sharing insights on careers in the insurance industry.

To learn more about OneBeacon Technology’s products and services, view this short video clip featuring Wurzler.

OBGR Exhibiting at Texas PRIMA this Week

A team from our Government Risks group is attending the annual Texas PRIMA conference this week in San Antonio, Texas. Taking place from November 9-12, the conference brings together more than 400 risk management and public entity professionals for educational seminars and presentations by industry experts.

If you’re at the conference, please stop by exhibit booth 229 to meet with OBGR representatives Dave Byrom, Tania Strickland and Kenny Smith (pictured below). For further information, please visit the event website.

 

Are You Ready to Follow the BYOD Trend?

Since its 2009 inception, Bring Your Own Device (BYOD) has quickly become a workplace technology trend. Many believe that the policy, which allows employees to bring their personally owned devices to work in order to access company information and systems, will be the next shift in corporate computing trends.

In her article featured in Carrier Management titled, “Are you Ready to Follow the BYOD Trend,” OneBeacon Technology Risk Control Specialist Elizabeth Marazzo takes a closer look at the implications and potential risks of BYOD.

PLUS 2014 – Visit with our teams!

This week, members of our Technology and Professional Insurance teams are attending the Professional Liability Underwriting Society’s (PLUS) 2014 conference in Las Vegas, Nevada.

The annual PLUS conference gathers members of the professional liability industry for three days of seminars, educational programs and networking opportunities. Nearly 2,000 people are registered for this year’s event, taking place November 5-7 at Caesar’s Palace.

If you’re there, be sure to connect with OneBeacon Technology and OneBeacon Professional Insurance!

Sharing Technology Expertise

Fall is typically when many industry conferences and events occur, which means many of OneBeacon’s key staff is out and about, sharing their expertise with industry colleagues. One recent example was the Electronics Components Industry Association’s (“ECIA”) annual Executive Conference in Chicago.

The Executive Conference featured an impressive slate of speakers, including OBTI’s Tushar Nandwana, who shared thoughts on the Internet of Things. This machine-to-machine connectivity has emerged to facilitate smart or efficient homes and commercial spaces. Besides speaking at the conference, OBTI also joined with producers from Norman Spencer to host an informational table for conference attendees. Pictured at our table are Tushar (center) along with Gretchen McAlinden and Byron Spencer from the agency.

ECIA2014

OneBeacon Professional’s Holmes to Chair Advisen Cyber Risk Conference

OneBeacon Professional Insurance’s Kim Holmes, Vice President of Product Development, will be a Chairperson at the upcoming Advisen 2014 Cyber Risk Insights Conference in New York City on October 28. She will chair the Health Care Cyber Liability track, taking place from 10:40 a.m. – 12:15 p.m. ET.

The track will include interactive discussions on state privacy law, its impact on recent class action litigation, and both pre- and post-breach considerations where business associate relationships may create multi-state liability for health care organizations.

For more information, read our full news release>>

Visit with OBGR at Florida PRIMA

The Annual Florida Public Risk Management (PRIMA) conference is taking place this week in Orlando, Florida. If you’re in attendance, be sure to stop by the exhibit hall at booth 42 to visit with OneBeacon Government Risks’ Bradley York and Tania Strickland.

The Florida PRIMA brings together public entity professionals and risk managers to build their professional skills, network, and discuss emerging issues and trends in the public risk sector. The conference features educational seminars and presentations by industry experts. For event information, visit http://www.centralfloridaprima.org/Events.cfm.

Mark Stuckel Joins OneBeacon Entertainment to Lead Chicago Office

We are pleased to announce that OneBeacon Entertainment has opened an office in Chicago, Ill. led by Mark Stuckel. In this new role, Mark reports to Brenda Campbell, from the Los Angeles office.

OneBeacon Entertainment President Peter Williams said, “We are very pleased to welcome Mark to OneBeacon and especially excited to establish a presence in Chicago. Mark’s longtime focus on the casino and gaming industry brings the expertise required to serve our Midwest clients and build on our strong foundation in this entertainment sector.”

Mark comes to OneBeacon with 35 years of underwriting experience, much of which was spent serving in various underwriting and management roles at Zurich North America. Over that time, he has specifically focused on the entertainment insurance segment, with a particular expertise in the casino and gaming sector.

A warm welcome to Mark!

For more information about OneBeacon Entertainment, please visit http://www.onebeaconentertainment.com.