Latest Risk Management Headlines
All the headlines from our Risk Management Topic Page, ordered by recency.
AIR Releases New Reinsurance Catastrophe Modeling Software, Touchstone Re
Aug 3 2018 // Catastrophe risk modeling firm AIR Worldwide announced that it has released Touchstone Re™, a new catastrophe modeling software application designed for estimating the loss potential of reinsurance contracts and...
Chubb Partners with DynaRisk to Offer Cyber Loss Mitigation Service in UK, Ireland
Jul 30 2018 // Chubb has partnered with cyber security company DynaRisk to offer a cyber loss mitigation service to Chubb’s Cyber Enterprise Risk Management policyholders in the UK and Ireland. The DynaRisk service assesses a...
Marsh to Sell Risk Management Software Unit ClearSight to Riskonnect
Jul 26 2018 // Risk management services company Riskonnect said it has agreed to acquire Marsh ClearSight, a risk, safety, and claims software and services and a business unit of insurance broker Marsh. Terms of the transaction, which is...
Alliant Adds 3 to Georgia-Based Construction Services Team
Jul 25 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...
U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’
Jul 24 2018 // The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the differences that exist among...
What’s New in Today’s Construction Insurance Market
Jul 23 2018 // Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in...
Indiana’s Butler University to Launch Online Master’s in Risk, Insurance
Jul 19 2018 // The Lacy School of Business at Indiana’s Butler University plans to launch an online Master of Science in Risk and Insurance (MSRI) program beginning in January 2019. The school says the program is among the first of...
SCM Acquires Affirmative Risk Management in Arkansas
Jul 18 2018 // SCM Insurance Services has acquired Affirmative Risk Management in Little Rock, Arkansas. ARM will continue to be led by David Elliott, its president. Elliott will report to Scott Goodreau, chief operating officer of USA...
Risk Strategies Acquires Maryland’s Oxford Risk Management Group
Jul 18 2018 // Risk Strategies, a Boston, Mass.-headquartered, privately held national insurance brokerage and risk management firm, has acquired Oxford Risk Management Group, a Sparks, Md.-based provider of alternative risk and captive...
Willis Towers Watson Names Botkin as Health Care Industry Lead
Jul 16 2018 // Insurance broker Willis Towers Watson has appointed Mary Botkin, as health care industry lead in its Corporate Risk and Broking (CRB) segment. Botkin will be responsible for delivering the company’s integrated risk...
JLT Re Partners with Cyber Risk Modeling Platform, CyberCube
Jul 13 2018 // JLT Re, the London-based reinsurance broker and consultancy, announced it has formed a partnership with CyberCube, the cyber risk modeling platform. JLT Re’s existing cyber and enterprise modelling tools, combined...
Best Revises Outlook for National Independent Truckers Insurance of South Carolina
Jul 13 2018 // A.M. Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb” of...
Females More Likely Than Males to Engage in Distracted Driving
Jul 10 2018 // People who text while driving are six times more likely to be involved in a car crash while those who talk on a mobile device while driving increase their crash risk more than two times. Yet many drivers are still willing...
MJ Insurance Adds 3 to Team in Indianapolis
Jul 9 2018 // MJ Insurance has appointed three new team members, Michael Janicki, Amy Sadler and Brittany Dockemeyer, to its Indianapolis office. Janicki joins MJ Insurance in a newly developed role for the Risk Management department as...
XL Catlin Is Lead Investor in $16.5M Financing for Israeli Maritime Risk Analytics Firm
Jul 3 2018 // XL Catlin’s venture capital arm is the lead investor in a $16.5 million financing for Windward, a maritime risk analytics firm, based in Israel. XL Innovate led the Series C financing, though previous investor...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jul 2 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
FERMA, Latin American Risk Mgmt. Group ALARYS Partner to Offer Rimap Certification
Jun 29 2018 // The Federation of European Risk Management Associations (FERMA) and Latin American risk management association ALARYS signed a memorandum of understanding to jointly promote the FERMA rimap® risk management certification...
Hanover Stone Names Shew Holland Higher Education Practice Leader in Dallas
Jun 29 2018 // Risk management services firm, Hanover Stone Partners, has tapped Ellen Shew Holland to lead its newly established national higher education practice. She is based in Dallas. Shew Holland will lead a practice that will...
Sea Level Rise Puts $117.5B at Risk from Chronic Flooding
Jun 21 2018 // Those interested in risk management are starting to take climate change a bit more seriously. The evidence is anecdotal, but for that proof one can just ask Phil Renaud, executive director for the Risk Institute at Ohio...
People
Jun 18 2018 // Chicago-based CNA appointed Bruce Dmytrow to senior vice president, Healthcare. He reports to Kevin Smith, president and chief operating officer, CNA Specialty. Dmytrow joined CNA in 1995, most recently serving as vice...
