The Tennessee Bankers Association (TBA) hosts a number of member meetings this time of year, providing a setting for the TBA chairman and staff to talk about the initiatives and goals of the association. These meetings also provide great opportunities for colleagues to network and reconnect. This week, Craig Collins will kick off the meeting in Memphis. His seminar will focus on current trends in bond, D&O and cyber insurance, and how these trends affect community banks. We look forward to speaking to the TBA members this year!
At International Marine Underwriters (IMU), our employees are passionate about the marine industry, and not just commercial marine insurance! In fact, one of our employees – Joel Buffa, a senior underwriter in our California office- recently accomplished a major maritime milestone. He competed in and completed the 49th running of the classic Transpacific Yacht Race.
Read more about Joel’s experience and family tradition with the race (SPOILER- Joel is a 5th generation participant) on IMU.com.
Congratulations to Joel and crew for your amazing accomplishment!
OneBeacon Accident & Health has recently launched a new product specifically for Uber driver-partners. The first-of-its kind driver injury protection program, available through Aon Affinity and underwritten by Atlantic Specialty Insurance Company, provides up to $1,000,000 in benefits for covered injuries.
Leveraging their experience and expertise in the transportation space, the Accident & Health group developed an occupational accident insurance solution in partnership with Aon and Uber. The program is designed for Uber drivers, who are independent contractors, while they are online with the Uber app and transporting passengers or goods.
Occupational accident has traditionally been used in the trucking marketplace to provide independent contractors with financial protection in the event they are in an accident while under dispatch. In the traditional transportation model, the driver pays a monthly rate. In this innovative approach, the driver pays a fixed rate per mile—or a usage-based pricing model—that aligns with the on-demand nature of this gig economy rideshare model.
Coverage is available in 30 states, with a continued national rollout planned throughout the year.
For further information on the product/program please contact A&H’sTedd Merrill at 781.332.8391 or firstname.lastname@example.org.