Risk Management News

Zurich/Advisen Poll Finds Cyber Risk Awareness Increasing

A note from Zurich Insurance indicates that the “vast majority of risk professionals say information security and other cyber risks are at least a moderate threat to their organizations,” according to a new survey sponsored by Zurich and administered by …

E&O Risks When Insuring Commerical Property

It seems that every year commercial property is one of the top three lines of business generating errors and omissions (E&O) claims against agents. Because most agents insure a fair number of commercial buildings, this is an area in which …

‘Big One’ Looms in Minds of Experts Before California ShakeOut

A day before more than 9 million people in California took part in a massive nationwide earthquake drill on Thursday, U.S. Geological Survey seismologist Lucy Jones stood in a room full of risk professionals in the San Fernando Valley and …

General Star Adds Risk Management Hotline to A&E Program

General Star Management Co. has launched a “design professionals liability hotline” as an enhancement to its architects & engineers program, which is handled exclusively by program administrator Professional Coverage Managers in New York. Underwritten by the Professional E&O Division, coverage …

Aon Launches Risk Pooling Practice for Public, Private Sector Groups

Aon Risk Solutions, the global risk management business of Aon plc, has formed the Aon Risk Solutions’ Risk Pooling Practice, providing property, casualty and employee benefits pooling products for private and public sector organizations that make group purchasing decisions. The …

R K Harrison Cyber Liability Policies to Include Pre-Incident Cyber Services

Employee-owned insurance broker R K Harrison has contracted with Stroz Friedberg, a global digital risk management and investigations firm, to provide complimentary pre-incident cyber consulting services for clients purchasing qualifying cyber liability policies through R K Harrison. Pre-incident services assist …

Kinder Morgan to Pay $316,000 Over 2 Wyoming Plants

Federal regulators say Kinder Morgan Upstream LLC has agreed to pay $316,000 for violating risk management plan provisions at its natural gas plants in Casper and Douglas, Wyo. The Environmental Protection Agency said the company has agreed to establish new …

Brandmovers Launches Promotional Risk Management Insurance Co.

Brandmovers, Inc. has launched Brandsurance, an industry-focused insurance company to work alongside their digital engagement initiatives. Brandsurance will specialize in promotional risk management and partner with marketing/advertising agencies, brands, and other ROI-minded clients to implement more effective promotions, sweepstakes, games …

Towers Watson Inks Joint Venture with Broker MDS for Portugal Benefits

Global professional services company Towers Watson and Portuguese broker MDS have combined forces to establish a benefits brokerage consulting service in Portugal. MDS was founded in Porto in 1984. It is now the leading broker in the Portuguese market with …

Aon Outlines Risk Management Approach for Emerging Economies

A bulletin from Aon Global Risk Consulting, the risk management arm of Aon plc, using responses from 100 senior risk industry professionals at its annual Client Symposium, indicates that “organizations in Central and Eastern Europe and additional emerging markets are keen …