Latest Risk Management Headlines

All the headlines from our Risk Management Topic Page, ordered by recency.

K2 Insurance Acquires Assets, Operations of Nebraska’s Mid-America Risk Managers

Jan 22 2019 // K2 Insurance Services LLC (K2) has completed its acquisition of the assets and operations of Mid-America Risk Managers Inc. (MARM). MARM, based in Omaha, Nebraska, is a farm and agricultural focused specialty general...

Risk Strategies Hires Murray, Power in Massachusetts

Jan 15 2019 // Risk Strategies, a privately held national insurance brokerage and risk management firm, has selected Bret Murray to oversee its national higher education practice. Most recently, Murray was director of risk management and...

2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead

Jan 15 2019 // Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the...

AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting

Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities. AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...

2018 Agents of the Year

Jan 7 2019 // Jacob Barzivand Paramount Exclusive Insurance Services Inc. | Encino, California Jacob Barzivand started working as an insurance producer right after college at the age of 20. Now, at just 26, he’s built a sizable...

2019 President Brosius, Board Members Take Helm at RIMS

Jan 2 2019 // Risk manager Gloria Brosius has assumed the leadership of RIMS, the risk management society, as president for the 2019 term, effective January 1. Brosius is director, Risk Management and Insurance for Pinnacle Agriculture...

People

Dec 17 2018 // Frenkel & Company – an EPIC Company has hired risk management and insurance professional Michael Power as a principal. Power will be based in Frenkel’s New York, N.Y., office and report to Phil Remig, the...

Fed Chair Says Wells Fargo Must Address Risk Management Before Any Growth

Dec 11 2018 // Wells Fargo & Co. must keep a lid on its growth until the bank has hardened its risk management policies to prevent any further abuse of its customers, said Jerome Powell, chairman of the Federal Reserve. In February,...

People

Dec 3 2018 // Trinity Underwriting Managers (TUMI), a division of Worldwide Facilities, has added Haley Kirchen as underwriter. She will be based in the Savannah, Ga., office. Kirchen brings more than 15 years of experience to her new...

Alera Group Acquires Orion Risk Management Insurance Services in California

Nov 20 2018 // Alera Group has acquired Orion Risk Management Insurance Services. Terms of the deal were not disclosed. Orion is a commercial insurance broker and risk management firm with three locations throughout Southern...

How Wholesale Brokers Are Winning Over the Next Generation

Nov 19 2018 // “Cool. Sexy. Rewarding. Fascinating. Flexible. Better than ESPN.” That’s not some googley-eyed entrepreneurial hotshots talking about the latest insurtech. That’s young brokers talking about the...

JBA Risk Management Launches India Crop Model for Re/Insurers as El Niño Looms

Nov 15 2018 // JBA Risk Management (JBA), the UK-based modeling firm, has launched an India crop catastrophe model for the re/insurance market. More commonly known for flood maps and models, JBA collaborated with Chaucer through its...

Texas Mutual, UT Dallas Partner on Risk Control, Safety Engineering Class

Nov 5 2018 // Workers’ compensation provider, Texas Mutual Insurance Co., is partnering with The University of Texas at Dallas’ (UT Dallas) Naveen Jindal School of Management for a brand-new Risk Control and Safety...

People

Nov 5 2018 // Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has made three additions to its Construction Services Group headquartered in Alpharetta, Ga. Danielle Maxey has joined as account executive. In...

Lockton Names Byrne Risk Management and Benefits Consultant in California

Oct 23 2018 // Lockton has added Tom Byrne as a risk management and employee benefits consultant. Byrne is based in the San Francisco, Calif. office. He has more than 16 years of experience in the industry. Byrne worked as a client...

To Insure Cyber or Not to Insure Cyber: Cautions and Caveats for Carriers

Oct 22 2018 // While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had it growing 37 percent last year to $1.8 billion. It’s profitable and the loss ratio is in...

JBA Risk Management Releases High-Resolution Flood Maps for Florida

Oct 19 2018 // Flood specialist JBA Risk Management has rolled out its high-resolution flood maps and associated pricing data for the continental United States starting with the State of Florida. These new maps are designed to enable...

Everest Appoints McKeon to Lead Both Risk Management, Commercial Casualty

Oct 19 2018 // Everest Insurance said that Christopher McKeon, currently vice president and head of Commercial Casualty, will add leadership responsibility for the Risk Management business unit, which focuses on customized primary...

CoreLogic & Academic Institutions: The Future of Catastrophe Risk

Oct 18 2018 // This post is part of a series sponsored by CoreLogic. First on the Market Ten years ago, CoreLogic® (at the time, EQECAT) introduced the use of global Atmosphere-Ocean-General-Circulation Models (AOGCM) for...

People

Oct 15 2018 // Frenkel Benefits, an EPIC Company, has hired Nicholas Tunno as a principal in New York. Tunno will report to Phil Remig, Northeast region senior vice president of Operations and Sales. Tunno joins from the New York office...