When the phone rings in the World Aware Operation Center at Aon Corp. in Chicago, the caller is probably someone having a bad day someone in the world. The call is answered by a unique military-like crisis response team that is staffed entirely by veterans, several of them wounded warriors. These insurance warriors include Mike Kiewski, Chad Watson and Yesenia Ortiz. In this interview with Insurance Journal’s Andy Simpson, these three veterans discuss their work at Aon and how their military experience is paying off for them and Aon’s customers. This podcast and story are part of a series on veterans in the insurance industry.
Director and officers liability coverage is increasingly being called up to respond to cases involving the Foreign Corrupt Practices Act. Is this right? Susanne Murray, an executive vice president for Alliant Insurance Services, discusses this expansion of D&O coverage in this interview with Insurance Journal’s Andy Simpson at the recent Professional Liability Underwriting Society’s D&O [...]
Director and officers liability coverage continues to evolve. Susanne Murray, an executive vice president for Alliant Insurance Services, knows all about this evolution in her work focusing on executive risk liability exposures. In this interview with Insurance Journal’s Andy Simpson at the recent Professional Liability Underwriting Society’s D&O conference, Murray discusses this evolution of D&O, [...]
In words seldom uttered by P/C insurance executives, Chartis CEO Peter Hancock at the recent Professional Liability Underwriting Society meeting in New York praised regulators and the plaintiffs’ bar. He then spoke with Insurance Journal’s Andy Simpson to explain how he sees these players as partners with the insurance industry in working to make the [...]
This year the Entrepreneurial Insurance Alliance (EIA), sponsored by MarketScout, named Vertafore and Risk Metrics, as winners of it 2011 Entrepreneurial Award in technology. Vertafore’s WorkSmart and Risk Metrics’ Insurance 360 technology products received recognition from the EIA as being some of the industry’s most innovative concepts in technology. Each year, the EIA receives hundreds [...]
Retail and wholesale brokers face the challenge —and opportunity— of redefining their relationships and value proposition in today’s changing insurance distribution world, according to Glenn Hargrove, president, MarketScout Wholesale, Dallas, Tex. In this interview from the recent Western Insurance Agents Association’s Insurance Industry Roundtable in California, Hargrove outlines the value proposition of agents and brokers [...]
The medical liability market continues to perform well even as the nation struggles to implement health care reform. Robert Allen, senior vice presidents at Torus Insurance, says many health care institutions are implementing new strategies to be successful in today’s health care reform world. In this interview with Insurance Journal’s Andrea Ortega-Wells from the annual [...]
Mr. Price offers advice to agents and brokers submitting risks to MGAs. He suggests getting
If you ever had doubt about the need for Fidelity & Crime Insurance –which protects employers against employees stealing from them– just check out the annual report on embezzlement put out by the Boston-based law firm Marquet International . The study has some noteworthy findings, including:
- The average loss is more than $1 million.
- [...]
A new Broker Insurance Group (BIG) has formed in California, starting with a flagship chapter to serve insurance professionals of the Inland Empire area. Under the leadership Sharron Varga of Action Shoppe Insurance and Jon Spaugy of Permanent General, BIG was formed to provide a voice that represents the common interests of all brokers and [...]
January 23, 2012 at 1:35 am