The internet of everything is a hot topic these days. For the creators of these apps and makers of these devices, associated security and product liability risks are slowly emerging. Read OneBeacon Technology President John Wurzler’s article in Carrier Management for insights on this trend.
OneBeacon will hold an investor information meeting at The InterContinental New York Times Square on Tuesday, June 10, 2014, at 1 p.m. ET. Investors and other interested parties can participate either in person or via webcast. The link for joining the meeting webcast will be posted on the Investor Relations section of the company website. For details and further information, view the full news release>>
We invite you to view our latest video featuring OneBeacon Technology Insurance’s Mary Fisk-Bieker. In this three-minute clip, Mary explains our approach to helping solve specialty insurance needs for technology customers. To view the full library of our Technology videos, please visit our dedicated website: www.onebeacontech.com
OneBeacon Technology’s SVP & Chief Underwriting Officer Mary Fisk-Bieker
The financial impact of an information loss can be tremendous, ranging from internal costs for assessing the nature and extent of the breach to government fines or third-party claims. Learn more in OneBeacon Technology’s Kevin Dean’s Insurance Journal article, which reviews structuring insurance programs to mitigate the financial impact of an information loss event.
Traveling this Memorial Day weekend? For a reminder on driving safety, be sure to review the Insurance Information Institute’s facts and stats on auto crashes and distracted driving.
Have a happy and safe Memorial Day weekend!
Risk & Insurance’s May issue, which we noted in our blog features OBPI, also includes insight from International Marine Underwriters’ Michelle O’Donovan.
According to Risk & Insurance’s story, the project cargo risk management business is on the move after years of declining activity, with carriers expecting growth opportunities going forward. Project cargo typically involves specialized trucks, trains, aircraft or vessels moving large, heavy, expensive goods.
Michelle is quoted in the article, which you can read online here or by picking up the latest issue of Risk & Insurance magazine!
This Mother’s Day, give mom a gift that will last her all year long by creating a disaster preparedness plan. According the Insurance Information Institute (I.I.I.), nothing says “I love you” more than helping your mom be prepared in case of a disaster.
In its news release, the I.I.I. gives tips on how to develop mom’s plan, such as creating a home inventory, reviewing insurance coverage, developing an evacuation plan, and disaster-proofing her home. Read the full article on the I.I.I.’s website>>
Happy Mother’s Day!
Perhaps one of the most promising areas of innovation is medical technology. Advancements in diagnosis and treatment protocols are largely thanks to more sophisticated, “smart” devices. However, in some instances, the same old concerns matter most when it comes to risk mitigation. A prime example is the sterilization of medical equipment. Can you imagine learning that the surgical instruments used in your recent medical procedure were contaminated?
We’re pleased to announce the availability of our latest whitepaper titled “Sterilization: The Ultimate in Clean” authored by OneBeacon Technology Risk Control Specialist Norine McVann. The whitepaper defines the sterilization process and describes best practices that will help mitigate the associated exposures, a helpful resource for those of you representing such clients. Norine is also available for consultation on this matter and may be reached directly at email@example.com.
To review our complete library of whitepapers available on our onebeacontech.com website, click here.
If you’re in the electronics industry – whether a manufacturer, distributor or manufacturer’s rep – there’s a good chance you’re attending EDS 2014 in Las Vegas. OneBeacon Technology Insusrance is there, too, and we encourage you to stop by our booth #8215 for some shop talk and risk management insights. This annual international conference is a great opportunity to enhance your business contacts and learn about opportunities and innovations in this segment of the technology business. We look forward to seeing you there!
OneBeacon Professional Insurance’s David Molitano is quoted in Risk & Insurance’s newly published story on Mergers and Acquisitions: Data Transfer. According to the article, M&A’s are big business in today’s fast-paced world, with the total volume of global deals amounting to $2.3 trillion in 2013. Molitano, vice president, content, technology and services liability division, explains the important role of data transfer in these situations.
Read the full article on Risk & Insurance’s website or pick up the magazine’s May issue!