If you’re in San Diego next week for Wholesale & Specialty Insurance Association (WSIA) Annual Marketplace, say hello to members of our Environmental and Specialty Property teams! Widely recognized as the premier event for the wholesale, specialty and surplus lines industry, the Annual Marketplace is attended by industry professionals from the United States and Great Britain, and offers unparalleled networking opportunities.
OneBeacon Financial Services has introduced an enhanced Management and Professional Liability policy designed to further address the needs of the financial services industry, and its directors, officers, employees and banks. Coverages include: directors, officers and financial institution liability, employment practices liability, fiduciary liability, lender liability, bankers professional liability and trust errors & omissions.
What’s new for this policy?
- Non-cancelable for all three years
- Built in added protection for individuals
- Additional benefits to enhance your coverage
Why choose us?
- Competitive pricing and proactive claims handling
- Rated A+ (superior) by A.M. Best
Seattle partners! We appreciate your business and the relationship you have with OneBeacon. We hope you’ll join us at our Product Fair on Thursday, October 10. Stop by anytime from 11:30-2:30pm at Loulay located at 600 Union St, Seattle, WA. Join us for some lunch, drinks and networking to learn more about our products and services from nine of our underwriting teams:
- Financial Services
- Inland Marine
- Management Liability
- Specialty Property
You can register for the event here. We hope to see you there!
In the latest issue of News from the Vault, OneBeacon Financial Services’ Craig Collins discusses the importance of employees taking vacation in the banking industry. In this article, he highlights the risk exposures when vacation is not taken, the warning signs, and vacation policy suggestions for the employer.
Please join us in welcoming Marty Ogden and Phil Mershon to our new Business Development team led by Kevin Gallagher!
Marty, sitting in our San Francisco office, will take on the role of Business Development Director, focusing on opportunities in the Western region of the U.S. Phil, currently a member of our Entertainment business, will be stepping up to the role of Business Development Specialist. Congratulations to Marty and Phil, we look forward to your many contributions!
Charles Brindamour, Chief Executive Officer, said: “The fundamentals across all our businesses are strong. I was disappointed to see more activity than anticipated on older auto files which led us to prudently bolster reserves. At the same time our action plans in auto are working, driving an excellent underlying performance. Hard market conditions continue across the business allowing us to capture growth opportunities.”
Parts of the U.S. are expecting extreme temperatures this weekend.
Keep yourself and your loved ones safe by knowing how to prepare and respond to extreme heat. Check out FEMA’s infographic including tips on staying safe during these temperatures. Due to these conditions, there may be black out situations. If this should happen locate your local cooling center.
You can also visit their website for more tips and insights.
Stay cool and safe!
We are pleased to welcome James Hamilton as Vice President of OneBeacon Financial Institutions. In this role, James will oversee regional operations and contribute to the management of the company’s public bank and insurance company portfolio.
Read the full release on onebeacon.com.
International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has introduced an enhanced Ocean Cargo policy designed to address the needs of an increasingly global ocean marine market and enable customers to easily review coverage details on a redesigned form.
Read the full news release on onebeacon.com
OneBeacon Accident & Health has been pleased to sponsor two recent Health Rosetta events this year and will continue on the Wake up “roadshow” next week by supporting another! On Wednesday, May 29 we’ll be sponsoring and exhibiting at the Health Rosetta Phoenix Wake-Up Call: Ending the Collateral Damage.
This one day conference will bring together local Phoenix employers, healthcare experts, public officials and business and civic leaders to discuss dysfunction in the healthcare system- both in rising premiums and the country’s opioid crisis.
Julie Bobak and Christy Vago will be attending the event, we look forward to seeing you there!