Monthly Archives: <span>March 2018</span>

Milliman Hires Moore as a LAD Consultant in Its Maine Office

Milliman Inc., a global consulting and actuarial firm, has hired Samie Moore to its Health & Welfare group as an end-to-end life, absence and disability (LAD) consultant. Moore, formerly of Mercer and Hewitt, is an expert in LAD with 14 …

Tax Law Will Benefit U.S. P/C Insurers, Says Moody’s

The impact of the new U.S. tax law is credit positive for U.S.-based insurance companies, which will boost profitability for many of these firms, particularly those that have been paying high effective tax rates. The Trump tax reform will also …

Smith & Wesson Gun Maker CEO Defends Safety Efforts

The top executives of gun maker American Outdoor Brands Corp. on Tuesday defended their safety efforts in a letter to asset manager BlackRock Inc. posted on the website of the maker of Smith & Wesson guns. American Outdoor Brands and …

Guest Post: Who Is Liable When No One Is Driving? Finale

We are grateful for friend of the Academy, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, Executive Director, Big “I” Virtual University who provided this blog series about autonomous vehicles. If you missed any part of …

Sanofi Executive, Fired in France for Sexting, Sues for $1.5 Million

First he sent lewd texts. Then he got fired. Then he sued. The case of an alleged sex pest at drug giant Sanofi is the latest example of how France is confronting age-old attitudes toward the kind of behavior that …

WEF Helps Create Fintech Cyber Security Consortium; Members Include Zurich, Citigroup

The World Economic Forum has led the creation of an industry consortium focused on improving the cyber security of financial technology companies, as collaboration between fintechs and financial institutions grows. The consortium’s founding members include Citigroup Inc, online lender Kabbage, …

AEGIS London Appoints Trudeau from Crawford & Co. to Manage Canadian Claims

Carrie Trudeau has been hired by Lloyd’s managing agent AEGIS London to manage claims notified by its Canadian coverholders. Based in Toronto, Trudeau will focus on strengthening relationships with London market brokers while supporting AEGIS London’s coverholders writing property and …

SMEs Need to Ready for Cyber Battle: Endeavour’s Loizides

A classic mistake made by many small and medium sized enterprises is to assume that they are immune from cyber attacks because hackers and fraudsters have bigger fish to fry. As a result, SMEs can be under-prepared in the face …

Romanian Firm UiPath Ascends as Leader in Automating Business Tasks Such as Claims

Romanian firm emerges as leader in automating business tasks Romanian software firm UiPath has raised $153 million in new venture financing, marking both the company’s rapid ascent as a leader in automating routine business tasks and the emergence of Central …

How Cyber FICO Ratings Could Benefit Insurance Underwriting

Nearly 30 years ago the Fair Isaac Corp. (FICO) first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market participants to facilitate arms-length transactions. It is a score that, …