crisis management News

XL Catlin Unveils Workplace Violence Coverage for Mid-Size Companies

XL Catlin has introduced a new insurance policy to help mid-size companies in the U.S. respond and recover from incidents of workplace violence. According to Denise Balan, Americas Head for XL Catlin’s Crisis Management insurance business, an act of workplace …

Talbot Australia Appoints Crisis Management Underwriting Team

Talbot Underwriting Australia, the Sydney-based branch of Talbot Risk Services Pte Ltd., has established a crisis management practice with the appointment of two leading underwriters to drive growth in specialty lines in the Australasian region. Steve Ward and Hamish McKay …

Reinsurance Broker TigerRisk Hires Ex-AIG, Hanover Exec. Bensinger as Adviser

TigerRisk Partners has hired insurance-industry veteran Steven Bensinger, who oversaw American International Group Inc.’s finances during the early part of the global credit crisis, to advise clients. Bensinger, joining as a wave of consolidation reshapes insurers, will provide advice to …

Cyber, Reputation Risks Top List of CEO, Risk Manager Concerns: Marsh Survey

Cyber and IT-related risks top the list of what keeps CEOs and risk managers awake at night, according to the 2015 International Business Resiliency Survey, conducted by Marsh and Disaster Recovery Institute International (DRII)*. “Cyber and other IT-related risks are …

XL Catlin Strengthens London Product Recall Underwriting Team

XL Catlin announced it has strengthened its London-based Product Recall team with the appointment of Natalie Lilley and the transfer of Ian Davidson. Natalie Lilley joins XL Catlin from Canopius where she has held the position of contaminated products underwriter …

XL Catlin Launches 24/7 Product Recall Crisis Network in Asia

XL Catlin announced that its product recall insurance team in Asia has launched “Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global communications company Bell Pottinger. With established networks in …

XL Launches Security Insight Platform to Identify Global Business Risks

XL Group’s kidnap & ransom underwriting team has announced the launch of its new Global Security Insight (GSI) platform. Created and frequently updated by Salamanca Group, the merchant banking and operational risk management business, the global platform provides XL Group’s …

Safety National Introduces Safety National Crisis Protection

Safety National Casualty Corp., an excess workers’ compensation and provider of large casualty offerings, has introduced Safety National Crisis Protection – a crisis management and extraction benefit provided exclusively for Safety National’s excess and large deductible workers’ compensation policyholders. This …

Ironshore Specialty Adds Product Recall to Crisis Management Coverage

Ironshore Specialty Casualty, the specialty insurance unit of Ironshore Inc., has expanded its crisis management coverage to include a product recall enhancement for product manufacturers.  Ironshore’s “Crisis ThreeSixty” (with recall reimbursement expense) offers a crisis management feature to assist clients …

Act ‘Quickly and Appropriately’ to Protect Brands: Lloyd’s/Airmic Advise

Companies should be aware of how best to protect their brands after an incident. “The key to remaining resilient and keeping brands and reputations intact is responding quickly and appropriately,” Lloyd’s said, citing a recent report from Airmic, the UK’s …