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
Want to learn more? Check out MPL’s coverage details for more information or contact Craig Collins at email@example.com.
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.”
Read full release>>
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.
Our Financial Services team is exhibiting at the Annual Nebraska Bankers Convention this week in Omaha! If you’re there, stop by our booth and say hello to Dave Neuman and Jamie Slinden. Each year we look forward to this convention that provides education to the financial services community.
We are excited to announce our new OneBeacon website! Launched this morning, our redesigned onebeacon.com has been updated to reflect a fresh look and customer-focused navigation.
Visitors may now visit the site based on their OneBeacon experience – whether a customer, producer or job seeker. Additionally, visitors will see which industries align to our specialty capabilities. Once they select their industry, they are presented with the various customer segments OneBeacon serves, noting our appetite, products and contacts. Throughout the site, you will also see a graphic element – stylized gold corner brackets – that are intended to reflect our deep focus on specialty insurance.
We invite you to browse the new site!
The 2019 scholarship application due date is fast approaching! If you are a OneBeacon producer or employee with a high-school senior, they may consider applying for a college scholarship funded by our Charitable Trust!
Applying is easy—simply complete the online application by April 16. If you have any questions, please contact our scholarship program administrator, Scholarship Management Services at 507.931.1682.
Scholarship recipients will be announced in early June, and the awards will apply toward the 2019-2020 academic year. Best of luck to the Class of 2019!