OneBeacon Management Liability Announces New Policy Forms

Our Management Liability team is excited to announce that new primary policy forms are now available, providing up-to-date coverages including new offerings for employed lawyers professional liability and cyber liability for a broad range of organizations. The modular policy approach is designed to help minimize gaps in coverage while providing the flexibility to design a comprehensive program tailed or meet clients’ organizational needs.

Three distinct modular policies designed for the unique needs of each segment:

We offer modular policies that include coverage options for:

  • Directors, officers and organization liability (D&O)
  • Employment practices liability (EPL)
  • Fiduciary liability (FLI)
  • Crime coverage (Crime)
  • Employed lawyers professional liability (ELPL) – new offering
  • Information Risk and Recovery™ (IRR or cyber liability) – new offering

Key features and highlights include:

  • Convenient single application for all coverages
  • Coverages can be packaged together or sold separately
  • Options for separate limits or shared limits for the liability coverage sections
  • Type of claim defense – duty to defend or reimbursement – is selectable on the declarations page
  • Innovative and broad coverage enhancements
  • EPL Risk management program offered in partnership with Jackson Lewis

Visit onebeaconml.com for applications and policy forms for these new products.

 

 

Accident & Health Attending HCAA TPA Summit This Week

OneBeacon Accident & Health’s Christy Vago and Lynn Faria are in Minneapolis this week for the Health Care Administrators Association (HCAA) TPA Summit. Attended by hundreds of leaders in the self-funded and benefits industries, this annual event focuses on the benefit and process needs of these unique groups. Over the course of two and a half days, educational break-out sessions focusing on leadership, sales and marketing, operations and more are offered. Attendees also have the opportunity to hear from a number of industry experts. Christy and Lynn look forward to attending this summit, connecting with colleagues and hearing more about this continuously evolving market.

 

Claims Team Members Are at the E&O Insurance ExecuSummit This Week!

This week, claims representatives from two OneBeacon businesses are part of panel discussions at the 12th Annual E&O Insurance ExecuSummit taking place in Uncasville, CT.

Later today, Clyde Haig of OneBeacon Healthcare Group will participate on a panel titled, “The Weird, Wacky and Wonderful: Special Problems in E&O Claim Settlements.” This panel will focus on issues that can arise during claim settlements such as such as consent to settlement issues, problems unique to mediations, direct negotiations between plaintiff and the adjuster, drop down agreements and more.

Then on Tuesday, Financial Institutions’ Marty Coomber will join a panel discussion titled, “Claims and Defense Strategies for Handling Insurance Agents and Brokers E&O Litigation Issues Relating to Standard of Care, Twisting/Churning and Replacement of Policies.” The presentation will focus on what these terms mean, how regulations may vary by state and managing relationships during contentious times.

The E&O ExecuSummit is an educational event specifically designed for E&O professionals to provoke strategic thinking, open new channels of information and provide opportunities to meet and exchange ideas with industry colleagues.

Accident & Health on the Road to San Francisco!

Julie Bobak and Christy Vago are in San Francisco this week for the second annual Hint Summit. This event brings together those pioneering the Direct Care movement, and provides a platform to share thoughts and experiences with attendees from a variety of fields through a combination of presentations, breakout sessions and networking opportunities.

We are looking forward to attending this event, learning more and meeting those already working with this model.

See You in Chicago! OneBeacon Hosting Open House on June 13!

Chicago partners! We appreciate your business and the relationship you have with us. We hope you’ll join us at our open house on Wednesday, June 13 from 3-6pm at the Rooftop at Parlor Pizza Bar located on 108 North Green Street in Chicago.

Enjoy appetizers, cocktails and the opportunity to connect with colleagues and make new contacts. Meet OneBeacon underwriting teams from:

  • Entertainment
  • Environmental
  • Financial Services
  • Government Risks
  • Inland Marine
  • Healthcare
  • Management Liability
  • Technology

Register today! We look forward to seeing you on the 13th!

Healthcare Group is Attending This Week’s DATIA Conference

The Healthcare Group’s Sarah Logue, SVP and Medical Facilities Division Leader, is in New Orleans this week for the annual Drug & Alcohol Testing Industry Association (DATIA) Conference. This conference provides a great forum to hear about the latest information on regulatory affairs, ethics, safety and the business practices critical to the success of these types of organizations. If you’re headed there this week, the latest issue DATIA Focus magazine will be available, which features the article titled, “Enterprise Risk Management Strategies for Drug and Alcohol Testing Organizations” written by Patricia Hughes, SVP of Healthcare Risk Management.

OneBeacon Financial Services is on the Road!

The Financial Services team is on the move this week! Dave Neumann is at the Nebraska Bankers Association’s 2018 Annual Convention in Omaha. Stop by booth #12 to speak to Dave. Then in Houston, Keith Fruechte and Lisa Phillips are exhibiting at the Texas Bankers Association (TBA) annual convention with Bankers Insurance Agency at booth #412.

While at the TBA convention, Lisa Phillips accepted the Longevity Award. This award is given to companies that have been a convention sponsor for 10 consecutive years. Congratulations to the Financial Services team!

We hope to see you while we’re at these events, and look forward to talking to you about the insurance solutions OneBeacon Financial Services can offer community banks!

OneBeacon Healthcare Group Exhibiting at Regional Risk Management Event

OneBeacon Healthcare Group is excited to exhibit this week at the 28th Annual New England Regional Healthcare Risk Management Conference hosted by the Northern New England Society for Healthcare Risk Management (NNESHRM).  In addition to the educational and networking opportunities available, this conference brings together healthcare risk managers, insurance professionals, attorneys and others in the medical field to talk about emerging issues in healthcare and ways to minimize their potential liability.

OneBeacon Healthcare Group Heads to the Crittenden Conference

Patty Hughes, Carolyn Toomey and Deb Yahne of OneBeacon Healthcare Group are headed to the 2018 Crittenden Medical Insurance Conference. Taking place from April 8-10 in San Diego, this conference provides educational and networking opportunities for insurance professionals. The Healthcare team looks forward to connecting with colleagues, hearing about industry trends and talking about recent enhancements to its suite of products. Hope to see you there!

OBHC_Crittenden

Members of OneBeacon Healthcare Group visit with colleagues from Gen Re at the Crittenden Medical Conference in San Diego.

The Healthcare Group is Off to Chicago for PLUS!

The 2018 PLUS Healthcare & Medical PL Symposium is taking place in Chicago this week, bringing hundreds of industry practitioners to one place to network and connect. OneBeacon Healthcare Group is pleased to be a silver sponsor for this year’s conference. Our team members look forward to meeting with brokers and connecting with colleagues to talk about our enhanced Physician Group product, as well as updates to the Managed Care and Medical Facilities products. We look forward to seeing you there!