Indemnity

Newline Group Expands into Sydney with Nicholas Beswick as Head of Professional Indemnity

Retrieved on: 
Sunday, March 24, 2024

Newline Group (Newline) today announced that Newline Australia Insurance Pty Ltd (Newline Australia) has opened a new office in Sydney and named Nicholas Beswick as Head of Professional Indemnity.

Key Points: 
  • Newline Group (Newline) today announced that Newline Australia Insurance Pty Ltd (Newline Australia) has opened a new office in Sydney and named Nicholas Beswick as Head of Professional Indemnity.
  • “Establishing offices in key territories is part of our ongoing strategy to be closer to our distribution partners and clients,” said Bob Pollock, CEO of Newline Group.
  • “Sydney represents an important market for Newline Australia, and having Nick on the ground will propel our growth while providing local service.”
    Mr. Beswick brings over 30 years of professional and financial lines experience to Newline.
  • Craig Rowsell, CEO of Newline Australia, added, “We are excited to expand into Sydney, a market in which we have strong, long-term relationships and are proud to support.

NOW WELCOMED! PETS ALLOWED ONBOARD CAPITOL CORRIDOR TRAINS

Retrieved on: 
Thursday, November 16, 2023

Oakland, CA, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Oakland, CA, November 16, 2023 – Just in time for the Thanksgiving holiday, Capitol Corridor is excited to announce its new onboard pet policy .

Key Points: 
  • Oakland, CA, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Oakland, CA, November 16, 2023 – Just in time for the Thanksgiving holiday, Capitol Corridor is excited to announce its new onboard pet policy .
  • Starting today, Capitol Corridor will allow pets (dogs and cats) under 20 pounds to travel onboard in a carrier with their owners every day.
  • “We are thrilled to provide this new service on our trains,” said Rob Padgette, Managing Director of Capitol Corridor.
  • For additional conditions of the pet travel policy, visit capitolcorridor.org/pets
    For train updates, sign up for Capitol Corridor service alerts through email/SMS text at RideCCRail.com.

Markel appoints Lisa Mitchell as Head of Claims in Australia

Retrieved on: 
Monday, December 18, 2023

MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.

Key Points: 
  • MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.
  • Mitchell joins Markel from AIG, where she spent more than 10 years as a claims specialist, most recently as Technical Lead, Financial Lines.
  • With over 20 years' experience working in global insurance organisations in the UK and Australia, Lisa brings deep expertise managing high value and complex claims.
  • Chris O'Shea, wholesale claims director, said, "Lisa's expertise in claims handling is a valuable addition to Markel in Australia.

Markel appoints Lisa Mitchell as Head of Claims in Australia

Retrieved on: 
Monday, December 18, 2023

MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.

Key Points: 
  • MELBOURNE, Australia, Dec. 18, 2023 /PRNewswire/ -- Markel, the insurance operation within Markel Group Inc. (NYSE: MKL), announced the completion of the leadership team in Australia with the appointment of Lisa Mitchell as Head of Claims.
  • Mitchell joins Markel from AIG, where she spent more than 10 years as a claims specialist, most recently as Technical Lead, Financial Lines.
  • With over 20 years' experience working in global insurance organisations in the UK and Australia, Lisa brings deep expertise managing high value and complex claims.
  • Chris O'Shea, wholesale claims director, said, "Lisa's expertise in claims handling is a valuable addition to Markel in Australia.

Markel builds local Casualty and Professional and Financial Risk teams with senior hires in Australia

Retrieved on: 
Tuesday, October 31, 2023

Farag joins Markel from Swiss Re Corporate Solutions, where he led a highly-regarded team of underwriters as Casualty Portfolio Leader for Australia and New Zealand.

Key Points: 
  • Farag joins Markel from Swiss Re Corporate Solutions, where he led a highly-regarded team of underwriters as Casualty Portfolio Leader for Australia and New Zealand.
  • Beazleigh joins Markel from Allied World, where he was Senior Vice President and Underwriting Head, Asia Pacific Professional Lines Division.
  • Markel has also appointed Arné Booysen as Senior Underwriter, Professional Indemnity.
  • The offering will initially include Casualty, Professional Indemnity and Directors & Officers products, with other lines to follow as the organisation continues to build its local presence.

Markel builds local Casualty and Professional and Financial Risk teams with senior hires in Australia

Retrieved on: 
Tuesday, October 31, 2023

Farag joins Markel from Swiss Re Corporate Solutions, where he led a highly-regarded team of underwriters as Casualty Portfolio Leader for Australia and New Zealand.

Key Points: 
  • Farag joins Markel from Swiss Re Corporate Solutions, where he led a highly-regarded team of underwriters as Casualty Portfolio Leader for Australia and New Zealand.
  • Beazleigh joins Markel from Allied World, where he was Senior Vice President and Underwriting Head, Asia Pacific Professional Lines Division.
  • Markel has also appointed Arné Booysen as Senior Underwriter, Professional Indemnity.
  • The offering will initially include Casualty, Professional Indemnity and Directors & Officers products, with other lines to follow as the organisation continues to build its local presence.

Indemn Successfully Implements Joshu Platform for Policy Management and Distribution

Retrieved on: 
Tuesday, July 11, 2023

MENLO PARK, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Joshu , the platform to build, distribute, and grow digital insurance products, is pleased to announce Indemn , provider of conversational artificial intelligence (AI)-based insurance buying experiences, successfully implemented components of the Joshu Platform to power policy management and distribution for the company’s wedding and event insurance products.

Key Points: 
  • MENLO PARK, Calif., July 11, 2023 (GLOBE NEWSWIRE) -- Joshu , the platform to build, distribute, and grow digital insurance products, is pleased to announce Indemn , provider of conversational artificial intelligence (AI)-based insurance buying experiences, successfully implemented components of the Joshu Platform to power policy management and distribution for the company’s wedding and event insurance products.
  • Leveraging the power of the Joshu Platform, Indemn is able to provide a digital first, policy buying experience complete with extensive self-service capabilities.
  • “Indemn built the first fully conversational, digital native, insurance platform for wedding insurance,” said Kyle Geoghan , co-founder and CEO of Indemn.
  • Founded by technology experts experienced in selling insurance online, the Joshu Platform helps insurance product owners, like Indemn, configure, launch, and manage products without coding.

AIB selects Novidea's insurance platform to support its Lloyd's Coverholder growth strategy for the Caribbean

Retrieved on: 
Tuesday, March 21, 2023

The platform will fully automate AIB's end-to-end Coverholder processes from Jamaica to the London Market, while satisfying all data capture, exchange, processing, compliance, and reporting requirements.

Key Points: 
  • The platform will fully automate AIB's end-to-end Coverholder processes from Jamaica to the London Market, while satisfying all data capture, exchange, processing, compliance, and reporting requirements.
  • This will increase efficiency and productivity for AIB, while lowering overheads and providing analytics and reporting to help fuel the company's growth across the Caribbean as a Lloyd's Coverholder.
  • Camile Coore, Technical Manager, AIB, shared: "We are excited about this new partnership and the efficiency and growth potential it will bring to A+ Insurance Solutions.
  • Its platform enables brokers, agents, and MGA Coverholders to manage the customer insurance journey, end-to-end, and drive growth across the entire insurance distribution lifecycle.

Berkshire Hathaway Specialty Insurance Names Ben Ruddlesdin Head of Professional Indemnity in London

Retrieved on: 
Monday, March 20, 2023

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ben Ruddlesdin to Head of Professional Indemnity & Cyber (UK).

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ben Ruddlesdin to Head of Professional Indemnity & Cyber (UK).
  • “Ben has been integral to the growth of our PI portfolio over the past three years,” said Jessica Kirby, Head of Executive and Professional Lines, UK.
  • Berkshire Hathaway Specialty Insurance ( www.bhspecialty.com ) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.
  • It underwrites on the paper of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's.

NCCI Releases Multibureau Evaluation of COVID-19--Phase II: Expanded Data on Claim Characteristics and Trends

Retrieved on: 
Tuesday, November 15, 2022

This updated study includes two years of claims dataAccident Years (AY) 2020 and 2021 through year-end 2021.

Key Points: 
  • This updated study includes two years of claims dataAccident Years (AY) 2020 and 2021 through year-end 2021.
  • One result of this effort is the creation of a COVID-19 claims database, which includes a comprehensive view of COVID-19 claim characteristics and trends.The analysis does not include experience from self-insured employers or denial and expense-only claims.
  • This analysis relied on data from 45 jurisdictions, representing $1.1 billion in COVID-19-related losses from about 117,000 claims.
  • Claim and loss activity varied across jurisdictions, impacting individual states and sectors differently and at varying times.