The NetDiligence Cyber Risk & Privacy Liability Forum kicked off its two-day gathering in Philadelphia this morning. This event features a broad variety of sessions and speakers addressing cyber matters from an insurance coverage, claims and litigation perspective.
OneBeacon’s David Molitano will participate in a panel discussion later today titled the Security of Payments. The group will discuss mobile payment schemes such as ApplePay and GooglePay, eCommerce shopping carts and more, relative to the risk evaluation process faced by today’s insurance underwriters.
Dave joins cyber specialists from Hyperwallet, CrowdStrike and Optiv for what should be a lively and interesting session. #NetCyberCon
We’re excited to announce that TechAssure has selected OneBeacon as its technology insurance partner. TechAssure is a leading association of independent insurance agents/brokers who specialize in managing technology risks. Through this partnership, TechAssure member companies can access OneBeacon Technology’s capabilities and resources that are similarly tailored for technology businesses. Read full news release here
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!
The severe weather system that moved through Illinois December 29, 2015 prompted Illinois Governor Bruce Rauner to declare 23 counties state disaster areas. This includes: Alexander, Calhoun, Cass, Christian, Clinton, Cumberland, Douglas, Iroquois, Jackson, Jersey, Lawrence, Madison, Marion, Menard, Monroe, Morgan, Moultrie, Pike, Randolph, Richland, Sangamon, St. Clair and Vermilion. In light of Governor Rauner’s declaration, the Illinois Department of Insurance (DOI) issued Company Bulletin 2015-13 to provide certain safeguards to consumers impacted by the severe weather. OneBeacon policyholders impacted by these storms should contact their insurance agent or broker. Policyholders can reach OneBeacon by email, fax or telephone:
OneBeacon policyholders may contact the Illinois Department of Insurance to file a complaint regarding any disaster-related dispute or issue at 1.866.445.5364 or online at https://mc.insurance.illinois.gov/messagecenter.nsf.
We are excited to welcome Chris Luca to OneBeacon as Senior Vice President of Financial Institutions. In this role, Chris is helping establish our newest business, focusing on product development, distribution and underwriting matters. His insurance career has specialized in financial institutions business for over ten years. Chris most recently served as Vice President of Everest National’s Financial Institutions group since 2009. He is based in our New York City office and reports to OneBeacon Financial Institutions President Kevin Koehler.
Kevin Koehler has joined OneBeacon as President of our new Financial Institutions business, reporting to John Iannotti, President of Professional Liability. Koehler will lead a team providing professional liability, management liability and fidelity coverages targeting all classes of financial institutions.
Koehler has over 22 years of professional liability experience focused on the financial institutions sector, most recently serving as Vice President of this segment for Everest National Insurance Company. Read our news release>>
OneBeacon Technology’s David Molitano is a featured panelist at the October 7th NetDiligence Cyber Risk Forum. David’s group will be discussing the payment card industry’s adjudication process. Topics include merchants’ responsibilities, financial limitations, and the fines and penalties that are associated with a breach.
OneBeacon Insurance Group, Ltd.’s $0.21 per share quarterly dividend will be payable in cash next Thursday, September 24, 2015, to holders of record of Common Shares as of the close of business on September 11, 2015.
OneBeacon Technology has just published a new whitepaper. Authored by risk control specialist Elizabeth Marazzo, “Personalized Medicine: A Healthcare Revolution” discusses technology that identifies individual patient biological markers, how personalized medicine protocols are subsequently developed and tailored, and the ethical, legal and social implications of this approach. Emerging healthcare provider challenges and risks are also presented.
Visit onebeacontech.com to access our full library of technology whitepapers addressing a broad range of emerging technologies and risks.
Recently, OneBeacon Technology Insurance President John Wurzler was among 16 industry leaders interviewed by Carrier Management for a feature article on insurance industry innovation. With insights ranging from industry innovations to game-changing ideas from outside the property-casualty world, we invite you to read John’s interview.