We’re halfway through spring—but that doesn’t mean you should only halfway prep your boat this season. Before getting back on the water, there are some important steps you should take to ensure you boat is seaworthy and safe. Having a set checklist can be useful to make certain you’re ready to head out on the water.
This month’s boating tip from National Marine Underwriters provides a checklist that captures information for annual boat preparation. Read the full article here and check out other tips and insights at nmu.com and imu.com.
Dallas partners! We are hosting a Product Fair on April 11 from 3:00pm to 6:00pm and we’d love to see you. Join us for appetizers, drinks and networking to learn more about our products and services at Public School 972 located at 14854 Montfort Drive Dallas, TX 75254.
Meet OneBeacon underwriting teams from:
- International Marine Underwriters
- Inland Marine
- Financial Services
- Government Risks
- Management Liability
We look forward to seeing you there. Register today!
As we near the end of the season, those of us in “winter weather” areas are counting down the days to spring and summer—and to getting our boats back in the water! As we patiently wait for the start of our favorite season on the water, there is still plenty to be done on dry land; like brushing up on our navigation skills.
This month’s boating tip from our International Marine Underwriters discusses the importance of nautical charts and how to understand them. Read the full article here and check out other tips and insights at nmu.com and imu.com.
When an insured files a claim, they may often count on their agent or broker to manage the situation. OneBeacon Government Risks’ Sarah Schmitz provides tips on how to ensure your client relationships aren’t affected when something goes wrong. Read her full article, featured in IA Magazine.
For the 15th consecutive year, we will be awarding 16 college scholarships for the upcoming academic year to high-school seniors funded through the OneBeacon Charitable Trust. Eight of these $2,000 awards will be available to the children of the brokers, agencies and wholesalers doing business with OneBeacon. The remaining eight awards will be available to children of OneBeacon employees.
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 2018-2019 academic year. Best of luck to the Class of 2018!
In this article written by OneBeacon Government Risks’ Joe Garcia, he highlights the importance of fleet safety policies, and how every community emergency department should place significant emphasis on their policies. Expect the unexpected while heading to the emergency scene, because accidents happen. Read the full article here, which was published in this month’s issue of PRIMA.
It’s February! And that means Insurance Careers Month has officially begun. This initiative aims to collaborate with the industry’s community to raise awareness and inspire young professionals to choose insurance as a career. All month long, we’ll be sharing our experiences working in the insurance industry, and posting Insurance Careers content to our social media.
Be sure to connect with us on LinkedIn and follow our OneBeacon Twitter accounts: @OneBeaconIns, @OneBeaconJobs (careers page) and @OneBeaconGov (OneBeacon Government Risks).
To learn more about this movement, visit their website and find out how you can get involved!
Recently, our OneBeacon Government Risks team attended, sponsored and exhibited at the PRIMA conference in Baton Rouge, Louisiana. Joe Garcia, Risk Management Specialist, also presented one of the sessions during the conference “Drone Fever—How to Treat It.” Drones have increasingly become a hot topic. During Joe’s session, he discussed the types of drones, how they’re used and how to implement the usage of drones into communities. It was a great opportunity for the team to network with their agents and clients.
Joe Garcia presenting.
Left to right: Brad York- President, Joe Garcia- Risk Management Specialist & Dave Byrom- AVP Business Development.
Wondering what the average cost of a breach incident was this year? Or which industry was the most affected by cyber events? We’re pleased to share the 2017 Cyber Claims Study authored by NetDiligence.
The 2017 Cyber Claims Study is pivotal with extensive data-driven analysis distilled and modeled in three distinct measures: numbers of records, costs of breached, and per record costs. Notable in this year’s study, we have contrasted and compared datasets aggregated over the last four years.
The data graphics provided distinguish the rich and complex statistical material, successfully organizing a large collection of numbers and making comparisons between different parts of the data narrative.
In coming years, we will closely follow costs associated with exposures for companies that have a presence in the EU. The General Data Protection Regulation (GDPR) goes into effect in May 2018. This regulation applies to all EU member countries and companies based in those countries and any non-EU companies that process the data of EU citizens. The maximum fines for lack of compliance could be enormous—up to 4% of overall turnover/revenues or €20M, whichever is greater.
To download this whitepaper and to review our technology and life science library of whitepapers, visit our website resource library.
What’s the coolest part of your insurance job? Insurance journal wants to know!
Insurance Careers Movements has partnered with Insurance Journal to launch a careers contest aimed at insurance professionals who are 40 years old and under. Contestants are encouraged to be creative in submitting photos and short videos to share their experiences!
Participants will be entered to win a prize drawing for a one-year all-access Insurance Journal Academy Membership and an Amazon Echo. The deadline is November 16 and winners will be announced on December 4.
For more information, check out the Insurance Journal careers contest article and view the Insurance Journal careers contest.