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Insurancebusinessmag.com

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Lloyd's cyber mandate spurred 'PR disaster', 'frantic panic' – CFC CEO

insurancebusinessmag.com > us > news > cyber

...Ukraine war, despite the clauses and intent having been in the works with the Lloyd"s Market Association for three years.... ...“It was an absolute PR disaster, it kills me,” Newman said in response to a question posed by Insurance Business at the 2023 CFC Summit in Chicago... ...Newman"s comments came during a Q&A session at the MGA"s US broker event and followed a presentation from CFC corporate cyber senior underwriter... ...Beth Granger in which hundreds of attendees heard that the changes were not a kneejerk reaction or bid to close walls entirely on nation state-backed...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Workers' comp – Why agents need to pay attention to small ...

insurancebusinessmag.com > us > news

...Edmund Dabrowski, SVP of workers" compensation at Builders & Tradesmen"s Insurance Services (BTIS), highlighted the need for more attention to the... ...Rocklin, California-based BTIS specializes in small construction businesses.... ...than agents that do not,” Dabrowski told Insurance Business.... ...For example, they may have been a painter and then gravitated towards wallboard installation. Each classification carries its own rate....

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Munich Re announces next-gen AI-powered underwriting solution

insurancebusinessmag.com > us > news > technology

...Reinsuring giant Munich Re has unveiled a next-generation AI-augmented underwriting solution, powered by the firm"s Automation Solutions" new Predictor... ...Predictor, which powers the solution, is also integrated with other automated Munich Re solutions like ALLFINANZ, SPARK, and NOVA.... ...Mayne said. Munich Re's AI solutions are now available to life and health insurers in Asia Pacific, Middle East, and Africa.... ...Munich Re Automation Solutions CEO Ross Mayne said that the development represents another significant step forward for the industry, as well as...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Lloyd's nation state cyber mandate underwent 'PR disaster' – CFC ...

insurancebusinessmag.com > us > news > breaking-news

...Ukraine war, despite the clauses and intent having been in the works with the Lloyd"s Market Association for three years.... ...“It was an absolute PR disaster, it kills me,” Newman said in response to a question posed by Insurance Business at the 2023 CFC Summit in Chicago... ...Newman"s comments came during a Q&A session at the MGA"s US broker event and followed a presentation from CFC corporate cyber senior underwriter... ...Beth Granger in which hundreds of attendees heard that the changes were not a kneejerk reaction or bid to close walls entirely on nation state-backed...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Lloyd's nation state cyber mandate a 'PR disaster' – CFC CEO

insurancebusinessmag.com > us > news > cyber

...Ukraine war, despite the clauses and intent having been in the works with the Lloyd"s Market Association for three years.... ...industry must learn lessons on communicating, the CEO of managing general agent (MGA) CFC, which has a Lloyd"s syndicate, has said.... ...Newman"s comments came during a Q&A session at the MGA"s US broker event and followed a presentation from CFC corporate cyber senior underwriter... ...Beth Granger in which hundreds of attendees heard that the changes were not a kneejerk reaction or bid to close walls entirely on nation state-backed...

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Leading cyber summit unites world's leaders in risk, insurance, and ...

insurancebusinessmag.com > us > news > breaking-news

...30 to June 2 The NetDiligence Cyber Risk Summit 2023 will take place in Philadelphia from May 30 to June 2.... ...Leading cyber summit unites world"s leaders in risk, insurance, and innovation The NetDiligence Cyber Risk Summit 2023 comes to Philadelphia May... ...Breach Response Mistakes & How to Avoid Them," and "Countdown to Catastrophe: How the Economics of Zero-Days Could Lead us to the Next COVID in Cyberspace...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

Inszone continues expansion with latest acquisition

insurancebusinessmag.com > us > news > mergers-acquisitions

...Citizens General Insurance Brokers was founded in 2011 by Philip McClendon.... ...Inszone Insurance Services continues its acquisition spree as it snaps up another California-based agency.... ...Some of its most recent acquisitions include Champion Insurance Group in Texas, The Contractors Insurance Group in Arizona, and Larry Fu Insurance... ...The company currently has 42 locations across California, Arizona, Nevada, Utah, Colorado, Michigan, Missouri, Oregon, Texas, and Illinois, with...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

How CFC is looking to tackle a small business insurance gap

insurancebusinessmag.com > us > news

...“We recognized that there were significant barriers to entry for so many clients [to specialty commercial insurance],” Shannon Groeber, CFC USA CEO... ..., told Insurance Business at the CFC Summit 2023 in Chicago.... ...CFC, a 2022 Insurance Business 5-star Cyber Provider, was inspired by the “success” of its cyber insurance digitization efforts, ultimately prompting... ...The result, Groeber told Insurance Business, is that brokers can get more quotes in front of the US"s 33 million small businesses without having...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

PCF gains legal and compliance SVP

insurancebusinessmag.com > us > news > breaking-news

...the appointment of Rocky Steele (pictured above) as senior vice president of legal and compliance.... ...PCF gains legal and compliance SVP New exec "brings a unique strategic perspective" to the company, says CEO PCF Insurance Services has announced... ...In March, the company announced the appointment of Brandon Gray to the newly created role of vice president of treasury.... ...Foy, founder, chairman and CEO of PCF. “His incredible insight will help elevate our company to the next level.”...

thumbnail favicon insurancebusinessmag.com —  1+ day ago

RT Specialty launches new workers' comp program

insurancebusinessmag.com > us > news

..., executive vice president of RT Specialty"s national workers" compensation practice.... ...“RT Specialty"s national workers" compensation practice has added an exclusive program for underserved restoration contractors,” said Jim Mitchell... ...Last month, Ryan Specialty Group announced the promotions of Brenda (Ballard) Austenfeld and Chris Houska to president and CEO of their respective... ...In March, RT Specialty announced the promotion of Michael VanAcker to executive vice president....



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