We are pleased to announce that International Marine Underwriters has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to data and systems from cyber-attack and cyber-related litigation. Coverage is available as an endorsement to an existing IMU marine policy, including yacht club, marina and commercial marine package and certain hull and protection & indemnity policies.
Read the full announcement on imu.com.
We’re pleased to welcome Chris Giadrosich to OneBeacon Inland Marine. Chris joined the team in August 2018, as a Senior Underwriting Consultant. In his role, Chris will manage all components of development, growth and profitability for the Southeast Region, led by Jim Galluzzi. Based out of Birmingham, Alabama, Chris will assist with the management of all business activities supported by Robin Crawford and Gail Babston to provide solutions for agents and brokers located in Alabama, Florida, Georgia, Mississippi, North and South Carolina, Carolina and Virginia.
Chris brings 22 years of industry experience to OneBeacon, 13 of which have been focused on the Property & Inland Marine market. Prior to joining OneBeacon, Chris worked in various capacities for national institutions as an underwriting manager, wholesale broker and retail marketer.
Chris may be reached at firstname.lastname@example.org and 781.332.7880.
Accident & Health is proud to be a sponsor for this year’s Q4Live Conference taking place next week in San Diego. Additionally, Julie Bobak, Amy Carlson, Christy Vago are looking forward to collaborating on their educational session titled, “Stop Loss Building Blocks for the New Normal.” The focus of this presentation will be how to transition from the status quo medical stop loss approach to valuable consultative methodology. Key strategic concepts for consultants to consider include transparency, commissions, policy features, managing large dollar claimants, disclosure and more!
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.
OneBeacon Entertainment is pleased to announce its newly redesigned website www.onebeaconentertainment.com.
We’ve given the site a fresh, new look while maintaining easy access to information about products and services, downloadable forms and applications and updates on company news and events.
Additionally, get a free, online quote for our Tenant Users Liability Insurance Policy (TULIP). Coverage is available for a large variety of events from weddings and seminars to sporting events and concerts.
Check out the site and see what you think!
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.
OneBeacon Surety Group today announced changes to the roles and responsibilities of members of its U.S. leadership team. In addition, it is now offering up to $250,000,000 in aggregate surety bond capacity for qualifying clients
Building upon his 25 years of Surety industry experience and his strong leadership of OneBeacon Surety Group, Chad Anderson has been named Head of North American Surety. Chad will lead Surety teams across the U.S. and Canada, who will continue to operate in their local markets as OneBeacon and Intact Insurance, respectively.
Additionally, John Guglielmo has been appointed Head of U.S. Commercial Surety and Michael Seff has been appointed Chief Underwriting Officer for Commercial Surety in North America. Both will continue reporting directly to Mr. Anderson.
Read the full announcement on onebeaconsurety.com.
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:
- Financial Services
- Government Risks
- Inland Marine
- Management Liability
Register today! We look forward to seeing you on the 13th!
OneBeacon Government Risks (OBGR) is attending the Public Risk Management Association’s (PRIMA) 2018 Annual Conference, June 3-6, 2018 in Indianapolis, Indiana.
If you’re attending the conference, stop by Booth #409 during exhibit hall hours to meet representatives from the team. Additionally, OBGR will lead an educational seminar entitled, Caught on Video: Employers, Municipalities and Trial by Social Media.
For more details about the conference, visit the event website at conference.primacentral.org .
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.