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News – Insurance Journal
Pandemic Brings Shift in Younger Workers’ Views of Employee Benefits
The coronavirus pandemic has led to a greater emphasis on employee benefits that help people plan for unexpected life events and provide financial protection, according to a study by The Hartford. The Hartford’s Future of Benefits Study found that 40% …
POSTED SEPTEMBER 29, 2020 12:40 PM |
Meat Plant Workers Being Denied Workers’ Compensation for COVID-19: Reuters
Saul Sanchez died in April, one of six workers with fatal COVID-19 infections at meatpacker JBS USA’s slaughterhouse in Greeley, Colorado, the site of one of the earliest and deadliest coronavirus outbreaks at a U.S. meatpacking plant. Before getting sick, …
POSTED SEPTEMBER 29, 2020 11:38 AM |
Uber Granted 18-Month License Extension in London After Legal Review
Uber Technologies Inc. won the ability to continue operating in its biggest European market after a London judge granted the ride-hailing service an 18-month license extension. Uber did enough to satisfy the court that it was now “fit and proper” …
POSTED SEPTEMBER 29, 2020 10:16 AM |
Howden Acquires London-Based Broker St Giles Legal & Professional Risks
Howden, the independent employee-owned insurance broker, announced it has reached an agreement to acquire St Giles Legal & Professional Risks, a London-based professional indemnity insurance broker specializing in the UK solicitor sector, a market in which Howden is already a …
POSTED SEPTEMBER 29, 2020 10:01 AM |
Executives Reassess Work-Life Balance After Experiencing Coronavirus Blues: Survey
Nearly eight out of 10 corporate executives have experienced poor mental health during the coronavirus crisis, prompting a number of them to re-evaluate and improve work-life balance, a survey showed on Monday. Many top company officials in France and Egypt …
POSTED SEPTEMBER 29, 2020 9:21 AM |
Guy Carpenter Taps Miller from Aon to Lead Property Catastrophe UK, Global Specialties
Guy Carpenter & Co., the reinsurance brokerage business of Marsh & McLennan Cos., announced the appointment of Paul Miller to lead Guy Carpenter’s Property Catastrophe value proposition for UK, Global Specialties and key global clients, effective September 2021. Miller will …
POSTED SEPTEMBER 29, 2020 9:01 AM |
Update: UK Regulator Files Expedited Appeal in Business Interruption Test Case
Britain’s financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against insurers, but was seeking an agreement by Wednesday to avoid the appeals process altogether. Hundreds of thousands of mainly small …
POSTED SEPTEMBER 29, 2020 8:33 AM |
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap
Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for most of his career, realized that the insurance industry’s products were not fully addressing the needs of commercial property insurance …
POSTED SEPTEMBER 29, 2020 6:55 AM |
Envelop Risk Paves the Way as Insurtech Reinsurance MGA
Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that Envelop Risk inhabits. “We think we’re the only insurtech firm involved in cyber reinsurance from an underwriting perspective,” said Jonathan …
POSTED SEPTEMBER 29, 2020 6:53 AM |
Reinsurance Experience in Africa, Asia Sets MGA Tempo Underwriting Apart
Tom Bailey, executive director of Tempo Underwriting, has a theory about what it takes to build a business based on the reinsurance MGA model. “For a reinsurance MGA to be successful and to have a strong offering, you have to …
POSTED SEPTEMBER 29, 2020 6:45 AM |
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