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Insurance industry experts to focus on technology and risk at the CFMA annual conference

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星期四, 五月 9, 2024

NEW YORK, May 9, 2024 /PRNewswire/ -- WINT Water Intelligence, a leader in cutting-edge water management and leak-prevention solutions, will be part of an experts' panel discussing technology and risk management in construction at the Construction Financial Management Association's Annual Conference and Exhibition in Grapevine, Texas, on May 18-22.

Key Points:

The session, scheduled for Wednesday, May 22, at 9:15 a.m., will focus on the connection between technology adoption in construction and reducing the cost of risk.
"Innovative real-world technology is providing powerful, proven solutions for mitigating risk in construction, including the rising risk and exposure related to water damage," Ghanbarian said.
"It's an honor to be joining AXA XL and the other insurance leaders to share our expertise and insights on how technology is transforming the construction and insurance industries.
At WINT she leads the insurance partner network and builds an ecosystem around water management implications for insurance providers.

AXA XL introduces new endorsement to help public companies address SEC cyber incident reporting requirement costs

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星期一, 五月 6, 2024

Risk management, Theft, Insurance, AXA, Disclosure

NEW YORK, May 6, 2024 /PRNewswire/ -- AXA XL unveiled a new cyber insurance endorsement providing public companies with dedicated coverage to address the costs associated with updated U.S. Securities and Exchange Commission (SEC) reporting compliance obligations following a cyber incident.

Key Points:

NEW YORK, May 6, 2024 /PRNewswire/ -- AXA XL unveiled a new cyber insurance endorsement providing public companies with dedicated coverage to address the costs associated with updated U.S. Securities and Exchange Commission (SEC) reporting compliance obligations following a cyber incident.
That's how long public companies have to meet proper disclosures requirements once they determine they suffered a material cyber breach.
Having this dedicated coverage to quickly address SEC reporting requirements provides companies with added financial protection and support during a challenging time."
AXA XL's cyber insurance team is dedicated to helping clients understand and minimize their cyber risks through comprehensive insurance coverage and risk management services.

Matthew V. O'Malley assumes new role as AXA XL's Chief Client & Distribution Officer, Americas

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星期五, 五月 3, 2024

Risk management, Distribution, Insurance, AXA, Reinsurance

NEW YORK, May 3, 2024 /PRNewswire/ -- AXA XL has appointed Matthew V. O'Malley to the newly created role of Chief Client & Distribution Officer for the Americas, reporting to Lucy Pilko, the region's Chief Executive Officer and Manuel Meier, AXA XL's Chief Client Officer.

Key Points:

NEW YORK, May 3, 2024 /PRNewswire/ -- AXA XL has appointed Matthew V. O'Malley to the newly created role of Chief Client & Distribution Officer for the Americas, reporting to Lucy Pilko, the region's Chief Executive Officer and Manuel Meier, AXA XL's Chief Client Officer.
In his new role, Mr. O'Malley will lead AXA XL's U.S. zonal teams, Canada and Bermuda country distribution, client engagement, broker engagement, and marketing activities in the Americas.
He will work with clients and distribution partners and across AXA XL's product lines to foster long-term partnerships to help enhance client experience and engagement.
Most recently, he served as AXA XL's U.S. Country Manager, assuming broader oversight of AXA XL's collective business activity in the US Insurance Market.

Industry Bolsters BDA’s Presence at RISKWORLD 2024

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星期四, 四月 25, 2024

In addition, the Bermuda Reception at RISKWORLD 2024, presented by the Bermuda Business Development Agency (BDA), already has close to 200 registered attendees.

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In addition, the Bermuda Reception at RISKWORLD 2024, presented by the Bermuda Business Development Agency (BDA), already has close to 200 registered attendees.
We expect our member companies to once again continue the tradition of a strong showing of support of and attendance at RISKWORLD 2024."
Bermuda’s risk and insurance industry is a major driver of Bermuda’s economy - the BDA’s presence at RISKWORLD aligns with the ‘Local and International Business Retention’ and ‘Business Attraction and Investment Promotion’ strategic priorities outlined in Bermuda’s Economic Development Strategy.
An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

Workforce Mental Health Assessment Releases 2024 Annual Report

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星期三, 四月 10, 2024

One Mind at Work , a global leader dedicated to building the future of workforce mental health, is proud to unveil the latest insights from the Mental Health at Work Index ™.

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One Mind at Work , a global leader dedicated to building the future of workforce mental health, is proud to unveil the latest insights from the Mental Health at Work Index ™.
The Index is a standardized assessment of organizational-level initiatives to address workforce mental health.
Developed collaboratively by One Mind at Work, Columbia University’s Mental Health + Work Design Lab and Ethisphere, the Mental Health at Work Index landed One Mind on Fast Company’s Most Innovative Companies list.
The findings from the Mental Health at Work Index™ underscore the critical need for organizations to take a comprehensive and strategic approach to workforce mental health efforts.

Upland Announces the Promotion of Kate Walas to Chief Underwriting Officer

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星期三, 四月 3, 2024

Capital Group Companies, AXA, Culture, Growth, University, Indigo, Insurance, Senior, P&C, XL

Dallas, Texas--(Newsfile Corp. - April 3, 2024) - Upland Capital Group, Inc. (Upland) is proud to announce the promotion of Kate Walas to Chief Underwriting Officer.

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Dallas, Texas--(Newsfile Corp. - April 3, 2024) - Upland Capital Group, Inc. (Upland) is proud to announce the promotion of Kate Walas to Chief Underwriting Officer.
Her proven experience in growing and leading underwriting and operations teams promotes a seamless transition as Upland continues to mature the company's growth.
"Kate embodies the 'we-entrepreneur' mindset that is our mission here at Upland," stated James Damonte, Upland's President of Insurance Operations.
Before joining Upland, Kate served as the Chief Underwriting Officer at Indigo Specialty Underwriters, which she also founded.

Verisk Welcomes Greg Hendrick to Its Board of Directors

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星期一, 四月 1, 2024

Risk management, AXA, VRSK, AIG, Axa XL, Insurance, P&C, Overseer, Management

JERSEY CITY, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Greg Hendrick has been appointed independent director of the company’s Board of Directors effective immediately.

Key Points:

JERSEY CITY, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Greg Hendrick has been appointed independent director of the company’s Board of Directors effective immediately.
“We’re thrilled to welcome Greg to the Board,” Verisk president and CEO Lee Shavel said.
He currently serves on the Board of Governors of St. John’s University and the Board of Overseers of the Greenberg School of Risk Management.
Bruce Hansen, chair of the Verisk Board of Directors, said, “We continue to add incredible talent and diverse perspectives to our Board.

GeoVera Announces Combination of Its Insurance Carriers with SafePort Insurance Company to Create GeoVera Nova Holdings; Will Simultaneously Sell MGA to SageSure

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星期二, 四月 9, 2024

Professional Services, Residential Building & Real Estate, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, AXA, Growth, CFO, Partnership, LLP, Nasrin, Kirkland & Ellis, MGA, Reinsurance

GeoVera Insurance Holdings, Ltd. (“GeoVera”), a leading provider of specialty property insurance, today announced that it has entered into a definitive agreement to sell its insurance carriers and managing general agent (“MGA”) businesses.

Key Points:

GeoVera Insurance Holdings, Ltd. (“GeoVera”), a leading provider of specialty property insurance, today announced that it has entered into a definitive agreement to sell its insurance carriers and managing general agent (“MGA”) businesses.
Upon completion of the transactions, a newly formed entity, GeoVera Nova Holdings, Inc. (“GeoVera Nova”), will control four insurance operating subsidiaries: GeoVera Insurance Company, GeoVera Specialty Insurance Company, Coastal Select Insurance Company, and SafePort Insurance Company (“SafePort”), a property-focused insurance carrier.
Additionally, the MGA operations of GeoVera will be acquired by SageSure, one of the largest independent MGAs focused on catastrophe-exposed markets, and GeoVera Nova will become a carrier partner of SageSure.
John Forney and Brian Sheekey, currently CEO and CFO, respectively, of GeoVera, will continue in the same roles at GeoVera Nova.

Questex’s IHIF EMEA 2024: The Meeting Place of Hospitality Innovators and Game-Changers

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星期一, 三月 25, 2024

LONDON, March 25, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) today announces its highly anticipated return to Berlin 15 to 17 April 2024.

Key Points:

LONDON, March 25, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) today announces its highly anticipated return to Berlin 15 to 17 April 2024.
Held at the InterContinental and Pullman hotels, this year's forum promises to deliver unparalleled insights, deal-making opportunities, and networking prospects for the global hospitality industry.
With a focus on navigating the evolving macro-economic landscape, IHIF EMEA 2024 will delve into key themes shaping the future of hospitality investment.
For more information about IHIF EMEA 2024 and to register for the event, visit IHIF EMEA website .

Biolinq Raises $58 Million to Advance Wearable Biosensors Through Pivotal Trial for Metabolic Health Using Precision Microsensor Technology

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星期四, 四月 4, 2024

J.P. Morgan served as placement agent to Biolinq in connection with the financing.

Key Points:

J.P. Morgan served as placement agent to Biolinq in connection with the financing.
“Our technology approach enables access to a coveted, metabolically active compartment of the skin for biosensing without the use of introducer needles or bleeding,” said Rich Yang, CEO, Biolinq.
“Companies that disrupt entire industries often don’t originate from a single discipline,” said Rick Gerson, Chairman of Alpha Wave Global.
“Biolinq has attracted leading experts in biosensor development, consumer electronics design, proprietary materials science, software engineering and semiconductor manufacturing to build a new category of biowearables.