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R&I One®: November 10, 2009
In this issue: AIG posts profit; brokers brace for 2010; the construction silver lining; the quest for the best property renewal ever; insurance assets on block; ERM gold medal winner; nano risk revealed; the risk management hiring craze; and more.
Integrated. Just Ask Our eSolutions Clients. The personalized risk and insurance technology solution configured to meet your business needs.
Risk Console--risk management
iVOS claims and policy
SafetyLogic safety management
AonLine client portal ............................................................
------------------------------------------------------------ NEWS & ANALYSIS ------------------------------------------------------------ AIG Whipsaws to Profitability
Premium volume was off by more than 13 percent as rates continue their downward drift. Read the Story
------------------------------------------------------------ Broker Bigs: 2010 Heavy with Headwinds
More rate declines, client difficulties expected to pinch brokers. Read the Story
------------------------------------------------------------ Building up to Mid-2010
Construction has its bright spots, and there are more on the way. Read the Story
------------------------------------------------------------ Renewing the Property Team Spirit
The risk manager at a major hospitality company gears up for his property renewal with his team of brokers at hand and an attractive market possibly ahead. Read the Story
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Genetic Attribute: Agility
Underwriting in Overdrive
Finding opportunities in Leaps and Bounds! ............................................................
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------------------------------------------------------------ A wave of insurance assets hit the block (MarketWatch) Swine flu now in virtually every country, as WHO braces for winter season (Los Angeles Times) Gold AHA award winner in enterprise risk management (Treasury & Risk) Hiring frenzy in risk management (FINS) Nanoparticle DNA damage study: What you should know (New Scientist) Nuclear waste: Coming to a town near you? (CNNMoney) Avoid the five common dangers of IT risk management (Government Technology)
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Make Progress.
Download a free podcast on Environmental Liability Insuring Progress ............................................................
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------------------------------------------------------------ ISOTECH 2009 (November 15-17)
ISOTECH will offer special tracks on claims, underwriting, data management and technology, as well as general sessions on economic trends and technology products and services. The event will take place at the Disney Contemporary Resort in Lake Buena Vista, Fla. RIMS E&O and Professional Liability Workshop (November 16-17)
The workshop will explore the basis in law for litigation risks and methods of effectively handling the exposure, and discuss emerging legal issues that certain professionals face. This is an interactive workshop with in-depth discussion of current case law. The event will take place at San Francisco State in San Francisco. 18th Annual National Workers' Compensation and Disability ConferenceŽ & Expo (November 17-20)
Now in its 18th year, the National Workers' Compensation and Disability ConferenceŽ & Expo remains the nation's leading event for anyone involved in the workers' comp and disability management industries. The event will return to McCormick Place in Chicago in 2009.
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Brokers
MARK RADBURN was appointed CEO of Willis Networks International and will be responsible for helping to expand the Willis Commercial Network business model, which serves independent brokers, from its U.K. base to countries around the world. Radburn developed and led Willis Networks for the past seven years. Read the Story
Other notable moves
- Phil Scarrett - Gary Trippe - John Pollock - Dr. Ki Ryung Kim - Todd Wartchow - David R. Bloodgood - John P. Pressley - Hernan Irazzazaval - Carol Gonzalez
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Law
PAMELA HANS was promoted to the position of managing shareholder of the Philadelphia office of Anderson Kill & Olick. She concentrates her practice in the area of insurance coverage exclusively for policyholders, including construction, nonprofit, energy and commercial-lender clients. Read the Story
Other notable moves
- Timothy T. Corey - Albert E. Fowerbaugh Jr. - Cheryl Camin - Robert L. Layton
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Insurance
W. ROBERT BERKLEY JR. was elected as president and chief operating officer of W.R. Berkley Corp., effective immediately. He has been with the company since 1997 and on its board of directors since 2001. Since 2005, as executive vice president, Berkley had been responsible for the company's domestic insurance operations, including its specialty, regional and alternative markets units. Read the Story
Other notable moves
- Paul S. McAuliffe - Bill Thornton - Irvin "Skip" Wolf III - John Harris - David Rutkowski - Colin Rose - Tom Warner - Bob Tschippert
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------------------------------------------------------------ Benefits
AmWINS: Dialysis Management Solutions
Hartford: voluntary group benefits
SeeChange Health: value-based PPO
Unum: H1N1 vaccine coverage
------------------------------------------------------------ Coverages
Allied Word: Bankers' Wrap
American Empire Surplus Lines: Medicare E&O
Chartis, PowerGuard: renewal energy
------------------------------------------------------------ Solutions
Paradigm Management Services: Complex Large Loss Plan
Avizent: TeamCOMP claims management
Freightwatch, OpenTECH: Brazilian supply chain solution
WSI, Enva: WindCast IQ forecasting tool
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CHRISTOPHER E. MANDEL: Deep Diving Risks
Unlike the typical approach to assessing a large number of risks, there are times when diving deep on a risk can pay big dividends. Of course there are also those times when it may not. Read the Story
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PATRICIA VOWINKEL: Holding Insurers Hostage
Insurance executives may not want to admit it, but they have been held hostage for decades by ravenous monsters that demand perpetual tribute and keep insurers trapped in a technology time warp. Read the Story
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------------------------------------------------------------ Key Goals for NWCDC Attendees
When attendees to the National Workers' Compensation and Disability Conference & Expo arrive in Chicago this month, one of the top issues on their minds will be how to maximize the value of their workers' compensation programs in today's uncertain economy. Here's an overview of some of the key takeaways attendees should get out of the conference. Read the Story
------------------------------------------------------------ The Prescription for Pharmacy Fraud
Detecting and preventing prescription drug fraud is a 1-2-3 process, assuming you have the right combination of partners, inside talent and technology. Read the Story
November 10, 2009 Copyright 2009© LRP Publications |
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