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.
After-hours networking for Technology Risk Control Manager Tushar Nandwana recently meant sharing insights on the fast-developing state of artificial intelligence. Tushar was among several speakers featured at the Electronic Components Industry Association (ECIA) Regional Series in Phoenix. His technology underwriting colleague Denise Oppelt was also there, along with Nate Call from USI Phoenix (pictured below). Visit the ECIA website for insights on this association and the Regional Series.
The game’s the thing this summer and that game is, of course, Pokémon GO. With anything new, emerging risks and exposures must be considered. OneBeacon Technology Insurance’s Lloyd Takata was among several technology insurance specialists quoted in Carrier Management’s article on the game’s potential risks and exposures. We invite you to read and learn more!
On Tuesday, May 24, OneBeacon’s Dave Molitano was one of four expert panelists talking cybersecurity at the New Hampshire Business Review’s Executive Series Forum. Addressing business leaders from local small-to-midsized companies, the four panelists addressed best practices for protecting sensitive data and minimizing the risks by learning how to work smart. Dave is responsible for OneBeacon’s network security and privacy, technology E&O and media liability lines of business.
OneBeacon’s Dave Molitano is pictured on the far right.
Dave offers comments to attendees.
A team from OneBeacon Financial Services is attending the Texas Bankers Association Annual Convention & Exposition from Wednesday, May 4 through Friday, May 6. The event will be held at the Gaylord Texas Resort in Grapevine, Texas. If you’re headed to the convention, please say hello to Financial Services’ Assistant Vice Presidents Lisa Phillips and Keith Fruechte. They will be exhibiting at booth #417 along with members of the Texas Bankers Insurance Agency. For more on the event, please visit Texas Bankers’ event site.
OneBeacon Technology Insurance’s East region team participated in the recent Buffalo (N.Y.) I-Day. This annual event is presented by the Insurance Club of Buffalo. With featured speakers, exhibit space and ample networking, this hallmark event showcases industry support of the upstate New York markets.
Pictured are (l to r) OneBeacon Technology’s Teodor Dhami, Roger Loftis and Geoff Capell.
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
In the technology industry, we’re always on the lookout for the next new thing. From social media to gaming to life science, we can always be assured of emerging opportunities to improve our business and personal experiences. On the near-term horizon is the more prevalent use of virtual reality and augmented reality devices for both commercial and leisure activities. “Virtual and Augmented Reality: The Next Major Computing and Communication Platform” authored by OneBeacon Technology Risk Control Specialist Tushar Nandwana is the subject of our latest whitepaper. The whitepaper defines the technology, discusses the brands currently – or shortly – offering VR/AR devices and describes their varied applications. As well, it discusses the risks associated with VR and AR, including inherent limitations and concerns.
To access our complete technology whitepapers library, visit our website.
One of the more exciting opportunities afforded by technology is expanded access to medical expertise. Whether to serve those who live in remote areas or to engage far-flung specialists for second opinions, the advances of medical field are becoming increasingly available through this technology.
“Telemedicine: Connecting the Healthcare Continuum” is the subject of our latest whitepaper authored by OneBeacon Technology Risk Control Specialist Norine McVann. The whitepaper defines telemedicine, outlines its current features/services delivered and its emerging usage. It also discusses telemedicine’s drawbacks and exposures.
We invite you to download this whitepaper and share it with those who may be interested in the subject matter. To browse our entire inventory of technology-focused whitepapers, visit our online library. Thanks for your interest!
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!