MARSH now offers its corporate clients the Country Weighted Industry Loss (CWIL) solution, an index-based insurance instrument that enables companies to hedge their earthquake and windstorm risks beyond what the insurance market can provide. CWIL may be structured as a stand-alone solution or as a complement to an existing property program.
AON RISK SOLUTIONS partnered with MGA GLOBAL EXCESS PARTNERS and TERMINIX to create the first-ever bedbug insurance solution for hotels, landlords, student housing, corporate businesses and leisure travelers. This suite of products offers an integrated pest management approach and combines insurance coverage with Terminix's specialist bedbug elimination resources.
MARKEL CORP. announced a new umbrella product for Allied Healthcare accounts that will serve as a lead umbrella policy over eligible Allied Healthcare lines such as hospitals, medical labs, pharmacies, surgery centers and clinical trials up to $10 million in capacity.
PETERSEN INTERNATIONAL UNDERWRITERS redeveloped its business contingent lines of coverage, including contingent bank loan protection, contingent key person protection, contingent buy sell protection and contingent confidential asset protection. Perils covered may include both death and disability when third-party situations demand swift underwriting.
AMWINS GROUP BENEFITS launched newly enhanced No Borders, a suite of international benefit products providing quality service and coverage for international assignees and for those living and traveling abroad for work or leisure.
IJET INTERNATIONAL INC. partnered with ASSIST AMERICA INC., a provider of global emergency services through employee benefit plans, to provide a comprehensive security solution with a variety of resources for its member companies through its SecurAssist product.
BUILDFAX, creator of the largest commercial and residential permitting database in the United States, will now provide access to that database to property/casualty insurance clients of EQUIFAX INC. The database can give insurance carriers a more complete view of underwriting risks while uncovering any key changes to their portfolio since policy inception.
Security consulting firm GUIDEPOST SOLUTIONS LLC started a new Sport and Entertainment Practice to offer a full range of security and risk management solutions for sport and entertainment facilities, leagues, major events and professionals.
SUNGARD is collaborating with financial risk modeler BARRIE & HIBBERT to expand SunGard's Solvency II offerings to include liability proxy modeling and risk aggregation functionality into its iWorks Prophet solution to enhance modeling with greater insight and speed.
BENEFITFOCUS and PAYCHOICE partnered to provide certified payroll integration between the Benefitfocus Platform and PayChoice payroll processing technology. This partnership allows employers to take advantage of a fully-integrated HR, benefits and payroll system that simplifies payroll processing and reduces the time and administrative costs often associated with payroll discovery and integration.
June 14, 2011
Copyright 2011© LRP Publications