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New Product Announcements: June 28, 2011
COVERAGES ZURICH and wholesaler and program administrator RISC INC. now offer a new program for demolition and wrecking contractors called Demolition Select. This new program features coverages for general and excess liability, property and inland marine, and commercial auto, among others.
MARKEL CORP. updated its DataBreach cyberliability policy to offer broader coverage and higher limits while maintaining the current structure. Called the Breach Mitigation Expense, the coverage is ideal for small to midsize accounts, with target classes being medical facilities, insurance agencies, regional banks and Internet-based companies. Managing General Agency STUCKEY & CO. announced that it can now offer SafetyTek coverage to companies based in California. The SafetyTek insurance program provides comprehensive professional liability coverage to technology businesses that provide computer consulting services, as well as IT Staffing and other IT related services. SERVICES MARSH RISK CONSULTING unveiled a new Intellectual Property and Critical Information Protection service, which combines process and qualitative and quantitative analyses to help organizations identify, value, prioritize, label and secure intellectual property and critical information. Users of the new offering can map key resources such as people, technology and physical assets and use such information to determine what their quantitative and qualitative value is to their organizations. CRAWFORD & CO. and AUTORETURN formed a strategic partnership to provide towing solutions to Crawford customers. Crawford's managed towing solutions provide end-to-end management of the entire tow process, including a managed network of certified and rated towing professionals, guaranteed services levels to clients, limited liability through utilizing a third-party vendor, and significantly reduced administrative and claims costs. COBRAGUARD INC. launched a public-entity division, with clients including universities, school districts, state hospitals, cities, counties, fire, police, and water districts and waste management facilities. In addition to having full access to COBRAGuard's internal development team to build customized COBRA data output feeds and reports, public entities will also enjoy a dedicated COBRAGuard account specialist and free access to the COBRAGuard's online compliance resource. SOLUTIONS GEN RE launched its upgraded Gen Re Connect, which is a customizable online application to place property, casualty and marine facultative reinsurance. The solution has been enhanced to include user-friendly smart icons, automatic renewal tracking, more compliance functionality and the ability to transact multiple lines in a single application. CSC released its next-generation version of RISKMASTER, the software system that helps claims and risk managers more efficiently administer all aspects of liability and workers' compensation incidents and claims. The newest features include broader capabilities in analytics and policy management, an enhanced user interface, and better integration with Microsoft Outlook and other associated applications. June 28, 2011 Copyright 2011© LRP Publications |
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