OneBeacon Technology Insurance to Partner With BitSight

OneBeacon Technology Insurance, a member of OneBeacon Insurance Group (NYSE: OB), has entered into a partnership with BitSight Technologies, a leading provider of cyber security ratings. OneBeacon Technology Insurance will utilize BitSight Security Ratings to augment the underwriting process.

David Molitano, Senior Vice President, OneBeacon Technology Insurance, commented “We are very excited about our relationship with BitSight. The additional insight they bring to underwriting in this ever-changing environment will be a big plus for OneBeacon Technology Insurance. ”

According to Ira Scharf, General Manager of Worldwide Cyber Insurance for BitSight, “We are thrilled that OneBeacon is using BitSight Security Ratings to empower its underwriters to seamlessly identify and measure cyber security risk. We offer some of the most innovative solutions in the marketplace, and are pleased to be aligned with a group that is constantly looking to provide more robust underwriting and risk management services to their customers.”

Linda McSmith and Bruce McCarthy to Speak at New England Alliance Fall Regional Conference

Linda McSmith, Assistant Vice President of Healthcare Risk Management, and Bruce McCarthy, Assistant Vice President of Healthcare Claims, will participate as speakers at the upcoming New England Alliance Fall Regional Conference in Portland, Maine. The session, “A Leadership’s Road Map for Risk Management – Strategies for Loss Prevention in Long Term Care Facilities,” will outline key objectives for the design and implementation of risk management programs, and how to handle claims filed against a facility. The session will take place at the Portland Regency Hotel on Thursday, September 24. For more information on the conference, please visit http://thenealliance.org.

 

OneBeacon Welcomes John Iannotti as President of Professional Liability

We are very pleased to announce that John Iannotti has joined OneBeacon as President of Professional Liability reporting to Dennis Crosby. In this new role, he will oversee OneBeacon Design Professionals, OneBeacon Financial Services and OneBeacon Management Liability, with Bruce Demeter, Craig Collins and Stacy Paquet, who lead those businesses, as direct reports.

John brings nearly 25 years of specialty insurance experience, including 20 years focused on management and professional liability business. Most recently he served as Senior Vice President at Everest National, where he oversaw professional liability since 2009. Previously he spent 15 years in roles of increasing responsibility at American International Group and he began his career in private legal practice.

Read full news release>>

Business Resiliency Planning tips from OneBeacon Technology

Emergency generators are a critical component for an effective business resiliency program. We’re pleased to share tips authored by our partners at Hartford Steam Boiler that outline activities for properly maintaining emergency and standby generator sets. Such programs should include visual inspections of generator systems including its cooling, fuel, battery and wiring, as well as occasional system testing. You will also find whitepapers on a broad range of topics in our online library.

Financial Services Team Bound for IBA Convention

OneBeacon Financial Services’ Tammy Placzek and Jaime Leuer will be in Des Moines, Iowa from Sept. 20-22 attending the Iowa Bankers Association (IBA) Annual Convention. Now in its 129^th year, the IBA Convention brings together members of the Iowa banking community to engage in networking opportunities and educational sessions.

The theme of this year’s convention highlights the “Real Iowa Bankers” who are committed to bettering the community, helping citizens meet financial goals and investing in businesses. Featured speakers at the two-day event include Charlie Cook, Publisher and Editor of the Cook Political Report, John Ikard, CEO of FirstBank Holding Company, Maya MacGuineas, President of the Committee for a Responsible Federal Budget, and Dr. David Kohl, professor emeritus at Virginia Tech University.

Find out more by visiting the IBA’s dedicated event site>>

OneBeacon Technology Insurance Sponsoring PLUS Cyber

OneBeacon Technology Insurance is a sponsor of the sold out PLUS Cyber Symposium, which is being held September 17th in Chicago. Lloyd Takata and David Molitano will be representing OneBeacon Technology Insurance and attending the event at the Sheraton Chicago Hotel & Towers. Presentations begin at 7:15 a.m. and the Symposium wraps up with a networking reception beginning at 5:30 p.m.

Q3 Dividend Update

OneBeacon Insurance Group, Ltd.’s $0.21 per share quarterly dividend will be payable in cash next Thursday, September 24, 2015, to holders of record of Common Shares as of the close of business on September 11, 2015.

“Why OneBeacon” Video: Hear From Our Employees!

Recently, we hosted a fundraising event in our Canton, Mass. office to benefit the Insurance Industry Charitable Foundation (IICF). During the outing, Nicole Anacleto-Tosca of our Recruiting group asked a few employees “why OneBeacon,” or in other words, what makes a career within our company unique?

To hear their responses, watch the brief video clip!