Liability insurance

Beazley introduces greater flexibility and coverage enhancements into pioneering Virtual Care insurance policy

Retrieved on: 
Wednesday, July 14, 2021
Actuarial science, Insurance, Underwriting, Types of insurance, Liability insurance

As the market has matured and expanded, Beazley has introduced greater flexibility of coverage and more straightforward policy language to ensure clients can easily access the insurance they need and know exactly what they are covered for.

Key Points: 
  • As the market has matured and expanded, Beazley has introduced greater flexibility of coverage and more straightforward policy language to ensure clients can easily access the insurance they need and know exactly what they are covered for.
  • All Virtual Care policies now also include affirmative bodily injury coverage as standard across all four core modules:
    In addition, the policy provides more extensive choice over first and third-party cyber coverage and risk services.
  • Kyle Laudadio, Beazley Virtual Care Underwriter, said: These enhancements aim to provide even more robust coverage for clients all under one comprehensive policy.
  • In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states.

Church Mutual® Names Chief People Officer

Retrieved on: 
Thursday, July 8, 2021
Insurance, Professional services, Insurance, Types of insurance, Mutual insurance, Mutual organization, Liability insurance, Vehicle insurance, Liberty Mutual

Pamela Stampen has been named chief people officer of Church Mutual Insurance Company, S.I.

Key Points: 
  • Pamela Stampen has been named chief people officer of Church Mutual Insurance Company, S.I.
  • Most recently, she served as chief people officer for Total Administrative Services Corporation (TASC), a nationwide administrator of tax-advantaged health benefit plans.
  • Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance.
  • Church Mutual holds the following honors:
    Wisconsin 75 Top Private Company by Deloitte US, 2016, 2017, 2018, 2019 and 2020
    1Church Mutual is a stock insurer whose policyholders are members of the parent mutual holding company formed on 1/1/20.

New Online Hub From Colonial Surety Offers Simple, Direct Access to Insurance for U.S. SMBs

Retrieved on: 
Wednesday, June 30, 2021
Professional services, Data management, Retail, Technology, Small business, Insurance, Insurance, Types of insurance, Finance, Public liability, Sureties, Liability insurance, Professional liability insurance, Cyber insurance, Employment Practices Liability, Legal liability, Tokio Marine HCC

As a direct and digital insurer, Colonial Surety has more than 90 years experience in providing insurance and bonding products.

Key Points: 
  • As a direct and digital insurer, Colonial Surety has more than 90 years experience in providing insurance and bonding products.
  • The new platform and expanded product suite create an online hub that gives owners and managers of small businesses instant, online and direct access via a personalized account.
  • The first products available on the platform are professional liability insurance, employment practices liability insurance, and cyber liability insurance which is embedded in all Colonial Surety products.
  • The Colonial Surety platform provides access to transparently and cost-effectively priced bonding and insurance products.

XINSURANCE Offers Space Insurance to Jeff Bezos and Blue Origin Passengers

Retrieved on: 
Wednesday, June 30, 2021
Professional services, Insurance, Aerospace, Manufacturing, Businesspeople, Space tourism, Economy of the United States, Industry economics), Jeff Bezos, Types of insurance, Blue Origin, Insurance, Liability insurance, Professional services, Insurance, Aerospace, Manufacturing, Businesspeople, Space tourism, Economy of the United States, Industry economics), Jeff Bezos, Types of insurance, Blue Origin, Insurance, Liability insurance

XINSURANCE a leading nationwide specialty lines liability insurance company today offered to insure Jeff Bezos and his five Blue Origins passengers during the upcoming high-profile rocket flight in July.

Key Points: 
  • XINSURANCE a leading nationwide specialty lines liability insurance company today offered to insure Jeff Bezos and his five Blue Origins passengers during the upcoming high-profile rocket flight in July.
  • We are confident we can accurately evaluate this new risk of space flight and provide quotes to and insure not only Bezos, but all future passengers of space flights.
  • While NASAs astronauts are effectively insured through U.S. taxpayers, Blue Origin is not legally required to offer insurance to its passengers.
  • In addition to offering to cover the space flight with Bezos, XINSURANCE will look to offer insurance for the budding space tourism industry in general.

Berkshire Hathaway Specialty Insurance Introduces Directors & Officers Liability and Professional Indemnity Policies in Ireland

Retrieved on: 
Monday, June 28, 2021
Insurance, Professional services, Insurance, Types of insurance, Liability insurance, Directors and officers liability insurance, Professional liability insurance, Indemnity, Legal liability, Tokio Marine HCC, Medical indemnity in Australia

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has added to its customized suite of Directors & Officers (D&O) Liability and Professional Indemnity policies, for customers in Ireland.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has added to its customized suite of Directors & Officers (D&O) Liability and Professional Indemnity policies, for customers in Ireland.
  • The company has launched a new suite of Professional First coverages that includes Architects, Engineers & Consultants Professional Indemnity and Project Specific Professional Indemnity, Design & Construct Liability and Miscellaneous Professional Indemnity Insurance.
  • These new products expand BHSIs capabilities in Ireland by offering primary solutions to customers in the Commercial Professional Indemnity space.
  • In Ireland, BHSI already provides primary solutions via its Executive First Directors & Officers Liability Insurance for commercial customers and Professional First Asset Management Liability and Financial Institutions Civil Liability for financial institutions.

Church Mutual® Promotes Ogilvie to EVP

Retrieved on: 
Monday, June 21, 2021
Insurance, Professional services, Insurance, Types of insurance, Financial services, Liability insurance, Mutual organization, Mutual, Cooperatives, Liberty Mutual, Mutual insurance

Ogilvie joined Church Mutual in March 2015 as director - product.

Key Points: 
  • Ogilvie joined Church Mutual in March 2015 as director - product.
  • Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance.
  • In addition to insurance, Church Mutual provides a spectrum of value-added solutions that benefit its customers.
  • Church Mutual holds the following honors:
    Wisconsin 75 Top Private Company by Deloitte US, 2016, 2017, 2018, 2019 and 2020
    1Church Mutual is a stock insurer whose policyholders are members of the parent mutual holding company formed on 1/1/20.

Church Mutual to Open Third Location in Home State

Retrieved on: 
Monday, June 21, 2021
Insurance, Professional services, Insurance, Types of insurance, Milwaukee, Mutual organization, Univé, Liability insurance, Wisconsin, Geography of the United States, United States

Church Mutual also has offices in Madison and Merrill, Wisconsin, as well as offices in Mechanicsburg, Pennsylvania, and Denver.

Key Points: 
  • Church Mutual also has offices in Madison and Merrill, Wisconsin, as well as offices in Mechanicsburg, Pennsylvania, and Denver.
  • We researched several cities before choosing to expand to Milwaukee, according to Rich Poirier, Church Mutuals president and CEO.
  • Church Mutual also is anxious to heighten collaboration with colleges and universities in southeast Wisconsin and northern Illinois.
  • Church Mutual markets most lines of commercial property and liability insurance, including multi-peril, workers' compensation and commercial auto insurance.

Lori Dickerson Fouché Joins Hippo's Board of Directors

Retrieved on: 
Wednesday, June 16, 2021
Hippo, Types of insurance, Insurance, Liability insurance, Mammals, Animals, Organisms

PALO ALTO, Calif., June 16, 2021 /PRNewswire-PRWeb/ -- Hippo Enterprises Inc. ("Hippo"), the home insurance group that created a new standard of care and protection for homeowners, today announced that Lori Dickerson Fouch has been appointed to the company's board of directors.

Key Points: 
  • PALO ALTO, Calif., June 16, 2021 /PRNewswire-PRWeb/ -- Hippo Enterprises Inc. ("Hippo"), the home insurance group that created a new standard of care and protection for homeowners, today announced that Lori Dickerson Fouch has been appointed to the company's board of directors.
  • "Lori brings a valuable perspective to our board as a leader of publicly renowned financial institutions in insurance and banking," said Assaf Wand, Hippo's co-founder & CEO.
  • In her role on Hippo's board of directors, Fouch will provide guidance to the leadership team as the company accelerates its growth and pursues a path to the public markets.
  • Lori also held senior positions in strategy, marketing, and global product management for management and professional liability insurance products at Chubb & Son.

Hub International Introduces Hub Drive Excess Liability Shield For The Transportation Industry

Retrieved on: 
Wednesday, June 16, 2021
Liability insurance, Umbrella insurance, Insurance

"Excess liability/umbrella insurance is critical for our transportation clientswho are looking to protect themselves from catastrophic and unpredictable events," said Lisa Paul, Chief Strategy Officer of HUB's Transportation Specialty Practice.

Key Points: 
  • "Excess liability/umbrella insurance is critical for our transportation clientswho are looking to protect themselves from catastrophic and unpredictable events," said Lisa Paul, Chief Strategy Officer of HUB's Transportation Specialty Practice.
  • "HUB Drive Excess Liability Shield will help elevate the scope of protection for our clients, and they also benefit from our continued guidance in managing their risk profile to lower costs."
  • HUB Drive Excess Liability Shield will provide broad excess liability/umbrella coverage withlimits of up to $5 million or a component of a transportation industry excess tower through Trisura Specialty Insurance Co., an A.M. Best's A- Excellent rated carrier, and will be offered in all states except New York.
  • With HUB Drive Excess Liability Shield, HUB continues its commitment to providing tailored insurance solutions designed to best manage its clients' risks and needs.

Berkshire Hathaway Specialty Insurance Names Andrew Knight as Head of Executive & Professional Lines in Canada

Retrieved on: 
Monday, June 14, 2021
Professional services, Insurance, Finance, Types of insurance, Companies, Finance, Liability insurance, Berkshire Hathaway, Insurance, Liability, Financial services

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Andrew Knight to Senior Vice President, Head of Executive & Professional Lines, in Canada.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Andrew Knight to Senior Vice President, Head of Executive & Professional Lines, in Canada.
  • Andrew has done an outstanding job building our Executive & Professional Lines portfolio and expanding our relationships with customers and brokers throughout Canada, said Anthony Tatulli, Head of Executive & Professional Lines, North America.
  • In his new role as head of Executive & Professional Lines in Canada, he will have an even broader impact in bringing our consistent, customized Executive & Professional Lines capacity to the marketplace.
  • Its Professional Lines offerings in Canada include technology E&O, miscellaneous professional liability, media liability, asset management professional liability, network security & privacy, and lawyers professional liability insurance.