The completion of our acquisition by Intact Financial Corporation was announced this morning. We’re excited to officially be part of the Intact Financial Corporation family and to create a leading North American specialty insurer.
Kansas City partners! We are hosting a Product Fair on September 28 beginning at 8:00 a.m. and we’d love to have you stop by. Join us for a continental breakfast and networking to learn more about our products and services at The Hampton Inn & Suites- Country Club Plaza located at 4600 Summit Street.
Meet OneBeacon underwriting teams from:
- International Marine Underwriters
- Financial Services
- Government Risks
- Management Liability
We look forward to seeing you there. Register today!
As a part of their “Future of Insurance” series, Carrier Management recently interviewed OneBeacon’s Jeff Richardson, Senior Vice President of Specialty Lines, for an article about the opportunities for specialty carriers to utilize advancements in analytics and big data. Find out what Jeff had to say about the future of the insurance industry by reading the full article published on Carrier Management.
The Tennessee Bankers Association (TBA) hosts a number of member meetings this time of year, providing a setting for the TBA chairman and staff to talk about the initiatives and goals of the association. These meetings also provide great opportunities for colleagues to network and reconnect. This week, Craig Collins will kick off the meeting in Memphis. His seminar will focus on current trends in bond, D&O and cyber insurance, and how these trends affect community banks. We look forward to speaking to the TBA members this year!
At International Marine Underwriters (IMU), our employees are passionate about the marine industry, and not just commercial marine insurance! In fact, one of our employees – Joel Buffa, a senior underwriter in our California office- recently accomplished a major maritime milestone. He competed in and completed the 49th running of the classic Transpacific Yacht Race.
Read more about Joel’s experience and family tradition with the race (SPOILER- Joel is a 5th generation participant) on IMU.com.
Congratulations to Joel and crew for your amazing accomplishment!
OneBeacon Accident & Health has recently launched a new product specifically for Uber driver-partners. The first-of-its kind driver injury protection program, available through Aon Affinity and underwritten by Atlantic Specialty Insurance Company, provides up to $1,000,000 in benefits for covered injuries.
Leveraging their experience and expertise in the transportation space, the Accident & Health group developed an occupational accident insurance solution in partnership with Aon and Uber. The program is designed for Uber drivers, who are independent contractors, while they are online with the Uber app and transporting passengers or goods.
Occupational accident has traditionally been used in the trucking marketplace to provide independent contractors with financial protection in the event they are in an accident while under dispatch. In the traditional transportation model, the driver pays a monthly rate. In this innovative approach, the driver pays a fixed rate per mile—or a usage-based pricing model—that aligns with the on-demand nature of this gig economy rideshare model.
Coverage is available in 30 states, with a continued national rollout planned throughout the year.
For further information on the product/program please contact A&H’sTedd Merrill at 781.332.8391 or firstname.lastname@example.org.
When 3D printing technology emerged, there was immediate excitement within the life science community, which quickly imagined the many possibilities. Fast forward to 2017 and 3D printing has expanded to “bioprinting,” or the practice of manufacturing tissue and organs with materials that incorporate viable living cells. This almost unbelievable technique has enabled practitioners to test advancements in the area of reconstructive surgery, transplantation and more.
We are pleased to announce our OneBeacon Technology group’s newest whitepaper, which addresses this topic. Titled “3D Bioprinting – Printing for Life” and co-authored by our technology risk control specialists Tushar Nandwana and Steve Morkovsky, this reference piece defines bioprinting, discusses various current technologies and emerging applications, along with the associated risks and exposures.
To access of our full inventory of technology-focused whitepapers, visit our website.
We are thrilled to announce the winners of our 14th annual college scholarship program! Eight of these $2,000 scholarships were awarded to our employees’ children, and eight to our producers’ children.
Winners were selected based on criteria including their academic performance, leadership roles and participation in school and community activities. The program is administered by Scholarship Management Services®, a nonprofit scholarship program administrator, and funded by our Charitable Trust.
The 2nd annual Title IX ExecuSummit is taking place this year from July 25-26 in Uncasville, CT, and OneBeacon Management Liability Claim’s Jennifer Weinstein is participating on a panel titled, “Predictions for Title IX Under the New Administration – President Trump & Secretary DeVos.”
The panel will discuss Title IX issues and how they expect President Trump and Secretary DeVos to handle them. They will highlight anticipated differences between the focus of the prior and current administrations. The panel will also discuss appropriate ways to help protect against suits involving these issues, including various insurance policies and best practices. In addition to participating on the panel, Jennifer is also a co-chair of this year’s Title IX ExecuSummit.
On July 27, she will head up to Boston for the 2017 CLM Management & Professional Liability Conference, where her panel discussion will focus on “Dramatic Shifts in the Legal and Regulatory EPL Landscape Under the New Administration and the Pathway Forward (EPL).”
As priorities of the current administration take shape, dramatic shifts in legal and regulatory focus are sure to have a profound effect on the employment practices liability landscape. This session will explore developing issues facing management in 2017, including how changes to the Supreme Court, the NLRB and the various federal agencies are likely to impact emerging issues such as marijuana in the workplace, transgender employees and website and technology accessibility for the disabled. The panel will provide their insights into best practices for claims investigation, litigation strategy and discuss recent developments in the law.
As many of us prepare to celebrate July 4th, barbecues, swimming and fireworks are likely highlights! But while Independence Day celebrations can provide great summer memories, they can also be the most dangerous. Accidents can and do happen. So as the fun-filled weekend approaches, make sure you’re prepared for some of the risks associated with the holiday. Here are a few tips from our friends at Insurance Information Institute:
- July 4th is a popular vacation time and theft rates tend to increase as homes and businesses are left empty. Be sure to ask a trusted neighbor, person or service to check on your home or business while you are away.
- If you’re hosting a BBQ, make sure your grill is clean and located a safe distance away from your house.
- Keep children and pets away from open flames or grills; call 911 for serious incidents.
- If you’re around a pool, make sure young children are accompanied by an adult and that the proper protections are in place (e.g. fence).
- Check your pool or party area for potential accident hazards such as glass, electronics, toys, etc.
- Skip your own fireworks display and attend a local celebration.
Have a happy and safe Fourth of July!
This article is provided for general informational purposes only and does not constitute and is not intended to take the place of legal or risk management advice. Readers should consult their own counsel or other representatives for any such advice. Any and all external websites or sources referred to herein are for informational purposes only and are not affiliated with or endorsed by OneBeacon Insurance Group. OneBeacon Insurance Group hereby disclaims any and all liability arising out of the information contained herein.