We are pleased to announce the acquisition of the renewal rights to Brit Global Specialty USA’s admitted ‘First Dollar Package’ Public Entity portfolio. Additionally, Sharon Wright has joined OneBeacon and will lead the portfolio transition and expansion.
We are pleased to announce the acquisition of International Bond & Marine Brokerage, Ltd. (“IB&M”), a privately held brokerage specializing in the international trade markets. Through this transaction, OneBeacon expands its owned-brokerage assets and innovatively reshapes its customs bonds market offerings through an end-to-end risk management platform.
OneBeacon Entertainment is pleased to share the news of its partnership with Take1 Insurance, a premier industry leader in the Entertainment market.
The use of cloud collaboration apps such as Zoom, Webex, and Microsoft Teams, has grown dramatically over the past several months. As a result, application-based cyber attacks are becoming more prevalent. Capabilities inherent in applications are being used to gain unauthorized access to people’s data.
Read more about this emerging risk on our TechRisk Blog >>
Bradley York, President of OneBeacon Government Risks, was recently quoted in an Independent Agent Magazine article on the evolving landscape for public entities.
Check out the full article >>
This summer, we’re pleased to welcome two law clerks to the OneBeacon Corporate Legal team. Ran Lu (University of Minnesota Law School) and Brian Ortiz (University of Iowa Law School) joined us this month as part of the Twin Cities Diversity in Practice (TCDIP) 1L Rotation Clerkship program.
TCDIP is a non-profit organization “comprised of leading Twin-Cities employers with a vision to create a vibrant and inclusive legal community and a mission to strengthen the efforts of member organizations to attract, recruit, advance, and retain attorneys of color.” More information can be found on the organization’s website at http://diversityinpractice.org/about.
We’re very proud to be a corporate member and to support the program. Welcome Ran and Brian!
As the saying goes, “the only constant is change.” Cyber criminals are constantly adapting and changing tactics to take advantage of current events and find vulnerabilities in our systems.
Check out our latest TechRisk blog post for some developments we are watching closely.
Congratulations to International Marine Underwriters’ Ben Potter and Joel Buffa, both of whom have recently earned their Associate in Marine Insurance Management (AMIM) designations. Potter and Buffa, both located in California, utilized their recent remote work situations to focus on the coursework to complete the designations and their hard work has paid off!
AMIM is the Insurance Institute of America’s professional designation for marine insurance professionals. The AMIM is designed to deepen the understanding of marine insurance for those who frequently advise clients in marine insurance cases. The AMIM’s areas of expertise include ocean marine insurance, inland marine insurance, principles of risk management and insurance, insurance company operations, legal environment of insurance and management. AMIM candidates gain improved knowledge about how marine insurance covers the damage or loss of ships, cargo, hulls, terminals, shipyards or any property by which cargo is acquired, transferred or held between the points of origin and final destination.
In addition to his AMIM, Joel hopes to have the last of his Property Casualty Underwriter (CPCU) designation exams completed this summer as well. We wish him the best of luck!
Thank you to all who joined our “Crime Coverage 101” webinar last week, hosted by OneBeacon Management Liability’s Nelson Kefauver and Brian Lester. We hope you enjoyed the event.
If you were unable to join the live webinar, or would like to review the information again, please enjoy this replay.
For more information on crime coverage and other management liability products and services, visit onebeaconml.com.
We are pleased to share our latest Technology whitepaper titled, “Autonomous Vehicles: Why Drive When the Vehicle Drives You.”
The whitepaper, authored by OneBeacon’s Tushar Nandwana, provides an overview of the history of Autonomous Vehicle development, pros and cons of the technology as well as considerations for the future of the market.
More whitepapers can be found at onebeacontech.com/whitepapers.