Financial Services and Financial Institutions Teams Attending ABA Form

Our Financial Services and Financial Institutions teams are in San Diego, CA this week for the annual American Bankers Association’s (ABA) Insurance Risk Management Forum. This conference is designed specifically to address risk management challenges facing the financial services industry.

If you are attending the event, we invite you to visit with OneBeacon Financial Services’ President Craig Collins and Vice President Gary Tannenbaum, or OneBeacon Financial Institutions’ President Kevin Koehler and Underwriting Manager Carly Mayer. We hope to see you there!

Managing the Risk Before a False Claims Act Claim is Made Against You

The False Claim Act (FCA) is the primary means to fight fraud perpetrated against the government. The FCA imposes civil and criminal liability for knowingly making a false or fraudulent claim to the United States for money or property; or to avoid an obligation to pay money (reverse false claim). 31 U.S.C. §§ 3279-3733.

FCA claims have been on the rise as the government, in collaboration with other governmental agencies, continues to crack down on fraud, waste and abuse in order to protect valuable taxpayers’ dollars. Thus, the key is to be proactive in managing the risk before an FCA claim is made against you.

Continue reading this OneBeacon Management Liability article featured on PropertyCasualty360.com and authored by Claims’ Katherine Tower.

Americans with Disabilities Act: Public Entities Must Comply

More than 55 million people in America have physical or mental disabilities that substantially limit a major life activity. In 1990, the Americans with Disabilities Act (ADA) became law to help protect this population and ensure they receive the same rights as everyone else.

This law was especially important for the public sector because it provided guidelines to ensure no program, service or activity discriminates against or excludes anyone based on disability.

Read the rest of this insightful, OneBeacon Government Risks article featured on Independent Agent and authored by OBGR’s Bradley York.

What You Need to Know if Your Public Entities Clients Use Drones

Have you spotted any drones flying around your community yet?  As the commercial use of drones increases, so do the risks and implications for public entities.

Learn more about how communities are using drones, the latest FAA regulations and the insurance implications your clients need to know about in this recent Independent Agent article,” What You Need to Know if Your Public Entities Clients Use Drones,” authored by OneBeacon Government Risks’ Bradley York.

Read Full Article>>

Have a Policy in Place for April’s Distracted Driving Awareness Month

April is Distracted Driving Awareness month, an ideal time to remind employees about the risks involved with shifting your focus behind the wheel. From texting to inputting directions on a GPS, the temptation to multitask while driving is all around us. And when we lose our focus, even momentarily, it is difficult to operate a vehicle safely, reasonably and responsibly.

If an employee is involved in an accident while distracted, the employer may be held liable for injuries or damages. The good news is that distracted driving is preventable. This article by OneBeacon Financial Services President Craig Collins outlines preventative measures and policies employers can implement to help protect their company, its employees and everyone else on the road.

Government Risks Exhibiting at Missouri Small Agency Conference

Celebrating Insurance Careers Month

This month we are teaming up with our industry colleagues to commemorate the second annual “Insurance Careers Month.” This industry initiative unites members of the insurance community to raise awareness of insurance as a desirable career choice. With nearly half of insurance professionals expected to retire within the next 15 years, we realize how critical it is to attract young talent to our workforce. During this month’s awareness campaign, we joined others in inspiring the next generation by sharing intriguing facts, career insights, tips and general information about insurance.

So, why choose a career in insurance?

Opportunity and growth, according to OneBeacon Government Risks’ VP of Business Development Brad York.

 

Challenge, stability and satisfaction, according to millennial Laura Peterson’s InsureMyPath.com blog. Laura, a member of OneBeacon Government Risks, shares an inspiring story about joining the industry.

A commitment to educating tomorrow’s leaders. OneBeacon is committed to fostering insurance knowledge among students and supporting risk management programs across the U.S. Earlier this week, OneBeacon launched its annual scholarship program, which awards 16 graduating high-school seniors with $2,000 college scholarships for the upcoming academic year. This month we are also attending two college career fairs. Although located in different states, our goal at these events is common: offer career opportunities to tomorrow’s leaders and spread awareness about our industry.

For more insights and tips related to Insurance Careers Month, we invite you to follow @OneBeaconJobs on Twitter.

Welcome Ray Tiburzi!

We’re excited to welcome Ray Tiburzi to OneBeacon as our new Senior Vice President of Professional Liability Claims. In this role, he is overseeing all claims matters for OneBeacon’s professional liability groups – Financial Services, Management Liability, Architects & Engineers and Financial Institutions. Ray reports to OneBeacon’s Chief Claims Officer Sean Duffy and is based in New York City. He joins us from Starr Companies, where he was an AVP, Financial and Professional Liability Claims. Previously, he spent 20+ years at AIG in underwriting and claims roles within their Financial Institutions Group. Welcome Ray!

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