IRONSHORE LAUNCHES LIFE SCIENCE PRACTICE



26 NPAs This New Product Announcement column contains details from ACE; Allied World; All Risks; BB&T; Beazley; Business Risk Partners; Chubb; CS Stars; environmental Strategist; General Star; GJS Re; Global Aerospace; Ironshore; Markel; Marsh; NAS; Petersen International Underwriters; QBE; RiskRadius; SwissRe; Torus: and XL. How do you stay current on new P&C and Specialty Lines product offerings and services globally?

HOW TO SUBMIT NPA CONTENT

NPA content is global. Submit details about your new product or service via or send material to editors@ and note that the next NPA deadline is day 28 of the month.

SPECIAL NOTES FOR NPA READERS

WEBINAR / Handheld & Mobile Device Liability / Tues Sept 18 @ 11am EDT

Cyber Security Threat: Handheld and mobile devices provide businesses with many benefits, but are they worth the increased data breach risks? Join a panel of experts to review these risks and how organizations can reduce their exposure. This free, one-hour webinar and free 10-page paper are sponsored by Zurich.

DETAILS

Tuesday, September 18 @ 11am EDT



CONFERENCE / Management Liability Insights Conf in NYC on Thurs Sept 20

MARK YOUR CALENDAR for Advisen's Management Liability Insights Conference in New York on Thurs Sept 20. This year's 2nd annual event is sponsored by The Hartford, OneBeacon Professional Insurance, XL, and Dempsey Partners. Risk Managers attend at no charge. This is a great venue to talk to your markets and your peers.

DETAILS

Thursday, September 20

McGraw Hill Conference Center

1221 Ave of the Americas @ 49th Street

New York City

Register via

WEBINAR / The Reputational Risk of a Data Breach / Tues Sept 25 @ 11am EDT

Join NAS’ Michael Palotay and a panel of experts to review how data breaches and reputational risk are uniquely tied together along with possible insurance solutions. This free, one-hour webinar and the accompanying paper are sponsored by NAS Insurance Services.

DETAILS

Tuesday, September 25 @ 11am EDT

Register via

WEBINAR / Business Interruption: Business Income & Supply Chain Risks / Weds Sept 26 @ 11am EDT

Business Income & Supply Chain Risks Revisited: Catastrophic events from the Gulf of Mexico to the Tohoku region of Japan had ripple effects on businesses located continents away from the epicenter of headline disasters, exposing the fragility of supply chains. Our panelists will review the risks and provide solutions. This free, one-hour webinar is sponsored by CNA.

DETAILS

Wednesday, September 26 @ 11am EDT

Register via

WEBINAR / The Changing Role of the Risk Manager / Tues Oct 2 @ 11am EDT

New areas that increasingly engage Risk Managers include cyber liability and privacy risks, reputation risk, supply chain risk management, and the health and safety of employees traveling abroad. This free, one-hour webinar on Tues Oct 2 @ 11am EDT is sponsored by OneBeacon Professional Insurance.

DETAILS

Tuesday, October 2 at 11am EDT

Register via

WEBINAR / Q3 2012 Securities Litigation Review / Thurs Oct 18 @ 11am EDT

A panel of experts will report on the frequency and severity of securities suits, including class actions, breach of fiduciary duty suits, regulatory actions and derivative actions, providing insights on emerging trends by suit type, allegation type and industries being targeted as defendants.

DETAILS

Thursday, October 18 @ 11am EDT



CONFERENCE / Cyber Liability Insights Conf in NYC on Weds Oct 24

We expect 450 Risk Managers, Brokers, Insurers and other Insurance Professionals to attend Advisen's Cyber Insights Conference on Weds Oct 24 in New York. Risk Managers attend for free. Sponsored by Zurich, Chartis, OneBeacon, Willis, Edwards Wildman, Marsh, NAS, Freedom Specialty, XL, Kroll Advisory Solutions, Beazley, Dempsey Partners, RPS, Axis PRO, and Cozen O’Connor. We anticipate that this event will be the largest gathering (ever!) of insurance professionals to talk about cyber, privacy, security, network, and information risk issues. This is a great venue to talk to your markets and your peers.

DETAILS

Wednesday, October 24

9am to 5pm with a big cocktail party afterwards

New York City

Use this link & then click “Register”:

26 NPAs

ACE Accident & Health Introduces Transportation Product: ACE USA announced its new Occupational Accident Policy with optional Contingent Liability Coverage. Designed for motor carriers, the policy provides high-quality occupational accident coverage to drivers under contract with the motor carrier, who is not required by law to carry workers compensation coverage. Key highlights of the ACE Occupational Accident Policy with optional Contingent Liability Coverage include: Accidental death & dismemberment and paralysis benefits up to $500,000 per person; Survivor benefits up to $500,000 per person; Accident medical/dental expense benefits up to $2,000,000 per person; Temporary total disability benefits up to $1,000 per week; Permanent disability benefits up to $4,300 per month; and Non-occupational accident benefits up to $25,000 per person. In addition, ACE offers a Contingent Liability option that provides important protection if a contracted Independent Operator purchasing Occupational Accident insurance attempts to obtain an award from the carrier’s workers compensation policy. This coverage includes workers compensation reimbursement benefits and employers’ liability benefits, as well as reasonable defense costs and expenses related to a covered contingency. Insurance is provided by ACE American Insurance Company, Philadelphia, PA, and other insurers within the ACE Group. Not all products are available in all states. Surplus lines insurance is sold only through licensed surplus lines producers. Contact Carla Ferrara at 215.640.4744 or carla.ferrara@

ACE Expands its Surety Practice into Continental Europe: ACE Group announced the appointment of Luc Reuter as Senior Vice President and Head of Surety, Europe as it expands its international surety capabilities into its Continental Europe region. Designed to meet the needs of ACE’s European domestic and multinational clients, ACE will offer a range of surety products throughout the ACE Global network, including but not limited to: Contract performance and advance payment bonds; Bonds to secure payment and legal/regulatory obligations; and Bonds to appeal adverse tax-related and civil judgments. Joseph Clabby, Regional President, Continental Europe at ACE said, “Across Continental Europe, we are investing in a number of key business areas where we can leverage ACE’s global expertise and competitive strength to build local capability. Launching a surety practice is the latest exciting development in that strategy, helping us to deliver a superior range of risk solutions for our domestic and multinational European clients.” Contact Louise Naqvi at 020.7592.7924 or louise.naqvi@

ACE Launches Legal Advice Helpline for UK D&O Clients: ACE Group launched a dedicated UK helpline and website, offering professional legal advice free of charge to its directors and officers (D&O) and employment practices liability (EPL) insurance customers, as it continues to strengthen its UK liability insurance proposition. ACE is partnering with Gateley to ensure that clients have easy access to a team of qualified and experienced solicitors via the helpline. Gateley solicitors can advise on the legal aspects and considerations surrounding D&O and EPL regulation, both before and during a claim. Use of the service and the advice provided is optional and has no effect on a client’s policy. Simon Million, UK & Ireland D&O Manager for ACE, comments, “ACE believes prevention is better than cure. By providing concise and practical guidance on day-to-day legal issues, our helpline offers clients proactive support in advance of any claim. The service is designed to help our clients better mitigate disputes and manage the often significant expense of defending claims. Uniquely, all advice given is non-obligatory, so it is up to the client whether or not they choose to implement it.” Contact Louise Naqvi at 077.2008.4345 or louise.naqvi@

Allied World U.S. and Capacity Marine Corporation Announce Marine General Liability Program: Allied World U.S. and the Capacity Marine Corporation have entered into an agreement to provide a Marine General Liability (MGL) program. The program is designed to insure risks which are not often covered by traditional property/casualty insurance policies and may not be covered by industry-specific marine policies. Grace Meek, Senior Vice President, U.S. Programs commented, "We are pleased to join forces with the Capacity Marine Corporation on this program that provides our brokers and clients with exceptional coverage and service from a respected market leader. This program will enable us to become the market of choice for discerning buyers of marine general liability coverage. We have faith in the Capacity Marine Corporation and look forward to building this unique book of business." Robert Lull, Capacity Group's C.E.O., states, "We are confident our relationship with Allied World will be a mutually beneficial one." Walter Wynne, President of Capacity Marine, agrees by stating, "With Allied World's creative, dynamic underwriting team, we believe we will be able to offer superior products and services to our network of brokers." Target risks may include stevedores, wharfingers, terminal operators and ship repairers. The Capacity Marine Corporation developed their MGL program seven years ago and is available to brokers and clients in the U.S. Contact Walter Wynne at wwynne@

All Risks and General Star Management Company Enhance Insurance Agents E&O Program: All Risks, Ltd. is pleased to announce the enhancements that have been made to their exclusive Insurance Agents Errors & Omissions program through General Star Management Company. Specialized coverage now features additional insolvency options, revised rates, no minimum earned and a more flexible submission process. The program can accommodate agents writing specialized lines such as Long Haul Trucking, Medical Malpractice and Crop. Coverage still includes Reputation Protection, Data Privacy Breach Notification Assistance and protection for exclusive independent contractors. Defense outside the limits, aggregate deductibles and first dollar defense are available options. Limits are available up to $5,000,000/$5,000,000. Coverage is written on a claims-made and reported form by General Star Indemnity Company or General Star National Insurance Company. Coverage is written on a non-admitted basis and available in all states except LA, AK and FL. Contact Hollie Degutis at 410.828.5810 or hhobbie@

BB&T Adds Supplemental Unemployment Insurance to its Online Offerings: BB&T Insurance Services said it has added supplemental unemployment insurance to its growing lineup of online product offerings at . IncomeAssure®, the nation's only supplemental unemployment insurance offering, enables BB&T clients to manage the financial risk resulting from job loss. This new offering puts those with jobs in control of their financial well-being. With IncomeAssure, if a person is laid off, they receive 50 percent of their former earnings, replaced through a combination of state coverage and IncomeAssure benefits payments. Product highlights: Rates and benefits are customized to each individual's circumstances and vary by state, industry and the level of benefits desired; Flexible payment options are available: annual, quarterly and monthly premium payment plans; and Low premiums: Monthly costs can be as low as $10. On average, premiums are approximately 1 percent of annual income. "We are tremendously excited to be launching with BB&T," said IncomeAssure Chief Executive Officer Greg Sawers. "We applaud BB&T's continued dedication to product innovation. By offering IncomeAssure, BB&T is once again demonstrating its commitment to its customers." Contact Randy Screen at 919.716.9752 or rscreen@ or Maria Lachapelle at 336.733.1472 or mlachapelle@

Beazley Announces Major Enhancements to its Suite of Products Designed to Help Businesses Respond Effectively to Data Breaches: Beazley has unveiled major enhancements to its highly successful Beazley Breach Response (BBR) product. Launched over three years ago, BBR has gained widespread recognition as the most comprehensive and effective solution available to the often challenging task of responding successfully to a data breach. The latest product enhancements include support for the victims of data breaches in the form of sophisticated credit monitoring and identity monitoring provided by Experian Data Breach Resolution. For a breach involving the compromise of personal information, BBR clients now may choose to offer notified individuals either: Experian's ProtectMyID® identity protection tools, as well as Family Secure®monitoring products available for any minors involved in a breach; or DataPatrolTM, an Internet based data monitoring service provided by Experian®. Every month DataPatrol monitors millions of unsecure web pages to detect lost or stolen personal and financial information that may put affected individuals at risk of identity fraud. In addition, Beazley has introduced a number of further enhancements to BBR: The attorney services retention for privacy breach response services has been lowered to $5,000, making it easier for BBR clients to access Beazley's panel of legal counsel (firms selected for their deep experience in data breach laws and regulations). This retention previously stood at between $10,000 and $20,000. Coverage is now offered for up to 5,000,000 customer notifications in the event of a data breach involving personally identifiable data. The previous limit was 4,000,000 notifications. Retail and hospitality organizations with revenues of up to $4 billion will qualify now for BBR (the previous ceiling was $3 billion). With these enhancements, clients can customize BBR to their own specific needs, with notification limits available from 250,000 to 5,000,000 and a separate limit of liability for third party claims available from $1 million to $15 million. For smaller organizations, the BBR Select product also offers lower notification and liability limits. Contact Mike Donovan at 415.263.4050

Business Risk Partners Expands E&O and D&O Offerings Backed by Liberty International Underwriters: Program administrator Business Risk Partners (BRP) announced it will be underwriting three additional programs in professional and management liability offered through Liberty International Underwriters® (LIU), the global specialty lines division of Liberty Mutual Insurance. BRP’s expanded offerings include: LIU Data Insure ™ Products: Insurance policies covering technology, privacy and data security customized to meet a company’s unique needs and exposures. LIU Private Advantage Company Combo™ Policy: A five-piece modular policy that’s fully customizable starting with a robust D&O policy and then other often-requested coverage enhancements including employment practices liability, fiduciary and fidelity. LIU Staffing Services Professional Liability: Occurrence or claims made, general liability and E&O packaged together to provide complete liability protection for the recovering staffing industry. Contact Lisa Doherty at 860.903.0002 or ldoherty@

Chartis Introduces CyberEdgeSM Solution for Partners of Assurex Global: Chartis announced an arrangement with the partners of Assurex Global to offer their clients a customized network security and privacy insurance solution. Chartis insurers will offer a suite of tailored coverage enhancements through their market-leading CyberEdgeSM network security and privacy product. As part of CyberEdge, Assurex Global’s Partners will be able to offer their clients access to Chartis’ comprehensive breach response solution, including access to the eRisk Hub risk management and loss prevention portal, featuring tips and information on managing cyber exposures and tools to support breach recovery planning. Customized coverage incorporates market-leading features, including coverage for privacy-related fines and penalties and a PCIDSS (Payment Card Industry Data Security Standard) assessment. “Assurex Global is well known for their outstanding partnership of Shareholder firms and excellent service,” said Michael Smith, President of Global Financial Lines for Chartis. “This partnership, coupled with our custom-made cyber solution, creates a winning solution for Assurex Global Shareholder firms and their clients.”

Chubb Insurance Solution for Health Care Organizations Provides Coverage for Data Breaches and Health Care Fraud: The Chubb Group of Insurance Companies has introduced insurance coverage to help small to mid-size health care organizations manage some of their biggest exposures. ForeFront Portfolio 3.0(SM) for Health Care Organizations offers eight optional coverages, including cyber liability insurance for the costs associated with data breaches and directors and officers’ liability (D&O) insurance, which can respond to allegations of health care fraud and abuse. The six other coverage options include employment practices liability, fiduciary liability, crime, kidnap/ransom and extortion, workplace violence expense, and employed lawyers liability insurance. ForeFront Portfolio's D&O insurance may cover defense costs and certain fines and penalties as a result of an investigation, subpoena, search warrant or other types of inquiry into such an allegation, regardless of whether a civil lawsuit is filed. Chubb's health care insurance solution also includes access to a variety of loss prevention services. The online Health Care Zone(SM) at ChubbWorks(SM) offers risk management information and tools to help reduce D&O, employment practices liability and fiduciary liability exposures. Cyber liability customers are able to access Chubb's eRisk Hub, an online cyber risk management platform. They also can obtain partial reimbursement for costs associated with hiring a Chubb-approved cyber loss prevention consultant. Similarly, employment practices liability customers can be referred to appropriate loss prevention experts and receive a partial reimbursement of those costs. Crisis management services are available to help manage a workplace violence, kidnap/ransom or extortion incident. Contact Jodi Dorman at 908.903.2608 or jdorman@

CS STARS Launches STARS™ Enterprise 12: CS STARS announced the release of STARS™ Enterprise 12, the newest version of its award-winning, comprehensive claims administration and risk management platform. STARS Enterprise 12 includes 375 new features that streamline the claims adjusting process to deliver more relevant and useful information and to drive greater efficiency in claims operations. Among the new features are: Role-based dashboards that enable claims adjusters to track all day-to-day claims activities, and supervisors to view and manage overall claims metrics and adjuster workload statistics, and assign claims to individual adjusters; The STARS Analytics Scorecard, which uses claim models to generate a score—from 1 to 10—indicating the predicted severity and duration of each claim as it is reported; An updated set of benchmarking reports that enable users to compare their claims experience against more than 14 million claims by industry, geography, coverage, or other factors; STARS Discovery™, a new mobile audit application that allows professional auditors and inspectors to record audit information during site visits and to take advantage of Apple® iPad® features, such as GPS and the iPad’s built-in camera, as they respond to audit questions; an expanded integrated disability module that helps clients implement and manage effective return to work strategies; and a new STARS Policy Program heat map that allows users to monitor and identify key policy metrics such as erosion of limits and deductibles. Enterprise 12 is seamlessly integrated with other solutions on the STARS™ Enterprise platform and is available standalone or combined with other features. Contact Gabrielle Vetrone at gvetrone@

environmental Strategist, Inc. Launches eStrategist Online: A certified environmental Strategist™ (eS) assists businesses in managing and transferring their environmental exposures. Since every business is impacted by environmental exposures, today’s transparent / sustainable business environment is driving demand for eS professionals, just as the computer industry drove demand for IT professionals. Chris Bunbury, President of environmental Strategist, Inc. (eSI) said, “eStrategist Online has been created to meet three primary functions necessary for any business professional to proactively address environmental exposures.” 1. Educate business professionals how to manage and transfer environmental exposures utilizing strategies that have been developed and field tested for more than two decades by eSI. Business professionals can earn their eS certification by participating in the eS Online training and completing the eS certification test. 2. Be a competitive environmental intelligence resource and business network for professionals working under the strategy of assisting clients to leverage growth in today’s sustainable / transparent business environment. Once a business professional earns their eS certification, more than two decades of competitive environmental intelligence is at their fingertips with eStrategist Online. 3. Assist certified eS, their clients and team members 24/7 to be on the same page in addressing the environmental exposures impacting their operations via the internet. eS online offers certified eS a platform to collaborate, coordinate and manage their client’s environmental exposures. eStrategist Online is designed to benefit insurance professionals, attorneys, bankers, accountants, realtors, environmental engineers, clean up contractors, business owners, managers, and risk managers. Certified eS can use the environmental Strategist name and logo identifying them as an environmental professional and industry leader. Contact Chris Bunbury at 231.256.2122 or jcbunbury@

General Star Adds Admitted Product for California Real Estate Agents: General Star Management Company announced the availability of admitted professional liability coverage for real estate agents in California. Underwritten by General Star’s Professional E&O Division, the new offering is provided by General Star National Insurance Company. “We are delighted to provide California real estate agents with an admitted product. We also took this opportunity to upgrade the policy with new coverage features designed especially for their area of practice,” said Thomas Gersch, VP and Professional E&O Manager for General Star. “Applicants eligible for our 'EASY' Program can quickly access the new admitted product via a web-based application option. The traditional submission process remains available, too – the choice is up to the applicant or its agent.” As part of the announcement, General Star also increased EASY Program eligibility from $100,000 in gross revenue to $200,000. The customized protection offers over a dozen enhancements at no additional cost, including Open House Coverage, Reputation Protection Expense, Regulatory Board Investigation/Defense, Subpoena Assistance, Third Party Notification/Electronic Info Damages, Fair Housing Discrimination Coverage, Failure to Disclose Certain Substances (asbestos, fungus/mold and lead), Lockbox Coverage and Owned Property Coverage. Marsh U.S. Consumer, a service of Seabury & Smith, Inc., is the exclusive program administrator for General Star’s real estate agents & brokers and real estate appraisers programs. Contact Stephen Lang at 312.623.7902 or stephen.lang@ or Joe Majsak at 203.328.6416 or joe.majsak@

GJS Re Launches Facultative Reinsurance Unit: G.J. Sullivan Co. Reinsurance (GJS Re) has launched GJS Re Facultative, focused on providing quality property facultative reinsurance to select insurance company clients, nationally. John W. Threlfall joins GJS Re to head up the facultative group. GJS Re Fac will build upon the exceptional insurer and reinsurer relationships of the Sullivan Group and Threlfall's high profile and experience. "We have been looking for the right way to expand into the facultative area," commented Hank Haldeman, President of GJS Re and Executive Vice President of the Sullivan Group. "It's a natural complement to our existing presence in the wholesale brokerage, underwriting and treaty reinsurance intermediary practices. We are delighted to be able to join forces with John to make that happen." Contact Hank Haldeman at 213.626.1000

Global Aerospace Announces Expansion of Personal Non-Owned Aircraft Coverage: Global Aerospace is pleased to announce expanded Personal Non-Owned Aircraft Coverage (PNO) through the Aeroinsure unit in Kansas City. The enhanced plan will now offer non-owned aircraft liability insurance for standard and special light-sport aircraft and experimental/homebuilt/experimental light-sport aircraft. The Global Aerospace PNO plan will provide many key coverages and benefits in the event of an accident. Key coverages include: Liability for bodily injury and property damage; Physical damage to non-owned aircraft; Deductible coverage; Civil air patrol endorsement option; Additional Insured for Employers option, and Expanded coverages including: $3,000 for medical payments ($10,000 EAA/PNO policy form); $3,000 for personal effects ($5,000 EAA/PNO policy form); and $10,000 for search/rescue and emergency expenses ($25,000 EAA/PNO policy form). Additionally, current Experimental Aircraft Association (EAA) members will appreciate enhanced benefits with the EAA/PNO policy, including coverage for experimental/homebuilt/experimental light-sport aircraft. Contact Marilena Sharpell at 973.490.8506

Ironshore’s Pembroke Syndicate Expands Professional Lines with Launch of Lawyers Management Liability Program: Ironshore Inc. has announced the launch of a customized Lawyers Management Liability Program (the “Program”) to be offered by its Lloyd’s Pembroke Syndicate 4000, based in London. Program products will offer individual firm attorneys coverage against certain personal financial loss risks arising from a firm’s insolvency. Pembroke developed the program in the wake of the high profile insolvency of Dewey & LeBoeuf, which highlighted potential individual partner financial loss risk exposure resulting from the disorderly dissolution of a law firm. This Program expands upon Pembroke’s diverse suite of professional liability programs designed specifically for lawyers that are not directly covered by traditional liability coverages. Pembroke’s Program expands upon its existing professional liability offerings such as Outside Director Liability (ODL). ODL offers individual attorneys customized D&O coverage for the risks associated with their service on outside corporate boards. Pembroke Professional Lines unit underwrites a comprehensive range of liability coverages, including Professional Indemnity, Directors & Officers Liability, Trustees Liability and Medical Malpractice, as well as Warranty & Indemnity. Pembroke’s coverage for lawyers encompasses primary and excess layers, asset protection policies, indemnification-based programs, and deductible in-fills in multiple jurisdictions. Contact Gaye Torrance at 212.691.5810 or lgtorrance@

Markel American Insurance Company Launches Markel Cyclist Coverage for Bicycles: Markel American Insurance Company announced the introduction of Markel Cyclist – a new bicycle insurance program built from the ground up to provide specialized protection for cyclists. After surveying avid cyclists, Markel has created a product with one goal in mind – to allow cyclists to create their own policy to match the way they ride. Be it riding for recreation, fitness or racing, Markel Cyclist allows customers to customize their policy to their unique needs. Each policy is custom-built and can include Bicycle Physical Damage coverage protection for damage to the bicycle caused by collision, fire, theft, vandalism or hitting another object. In addition, coverage for spare parts, cycle apparel, rental reimbursement and competitive fee reimbursement is included at no additional cost. Also available for purchase are Bicycle Liability coverage to cover injuries or property damage caused by the insured cyclist; Medical Payments to cover medical costs of the policyholder associated with a loss and Vehicle Contact Protection to provide an additional source of recovery for the insured cyclist if he/she is struck by a vehicle without adequate insurance. In addition, Roadside Assistance coverage is available to policyholders for only $10 per year. This coverage offers the cyclist 35 miles per tow and up to five tows per year. Contact Bruce Kay at 804.747.0136 or bkay@

Marsh Captive Solutions Advises on Establishment of First Captive in Connecticut: Connecticut Governor Dannel P. Malloy announced that Thomson Reuters moved its U.S. insurance subsidiary from Delaware to Connecticut, establishing the state’s first captive insurance company. Marsh Captive Management Solutions is Thomson Reuter’s captive manager and advised the company on the relocation of its subsidiary, Thomson Reuters Risk Management (TRRMI). TRRMI was licensed by the Connecticut Insurance Department on July 31, after financial, actuarial, and legal review. “We’re very pleased to have advised Thomson Reuters on this important element of their risk management strategy and believe Connecticut has aligned itself to be a thriving new captive domicile in the U.S.,” says Julie Boucher, Captive Solutions Practice Leader, Americas. “A growing number of states are realizing the economic advantages of attracting corporations and organizations to their states to form captive insurance companies,” explains Michael Serricchio, Marsh Captive Solutions and advisor to Thomson Reuters. Contact Julie Boucher at julie.s.boucher@

NAS Introduces Enhanced E&O for Healthcare Consultants: In response to healthcare facilities’ increasing demands on their consultants to carry comprehensive E&O insurance, NAS Insurance Services has enhanced their E&O program with more robust coverages. The E&O product for Healthcare Consultants now includes: Cyber Liability Coverage; First-dollar defense coverage; and Defense cost outside the limit. This comprehensive E&O coverage is available at a low, minimum premium of $1,750, making it accessible to a broad range of professionals in the growing healthcare consulting business. “Medical professional liability insurance is focused on patient care. As consultants, however, healthcare professionals need coverage beyond Med Mal when they’re not treating patients,” remarks Rolanda Bell, Senior Underwriter at NAS Insurance. “Case Management, Medical Record Reviews and Disability Evaluations are additional exposures for healthcare consultants and now covered within our E&O program.” Contact Rolanda Bell at 818.808.4462 or rbell@

Petersen International Underwriters Releases New Disability Plan for Loss of Future Earnings: Petersen International Underwriters announces their release of a new Disability Insurance product intended to pay benefits based on an insured person’s potential future income. The plan, titled “Loss of Future Earnings Disability,” is an entirely new approach to protecting one’s income. Petersen International Underwriters designed the product and is the first in the industry to offer it. Designed to provide a lump sum benefit in the case of the insured’s permanent disability, the plan features simplified medical underwriting and a true “own occupation” definition. This product is favorable among medical students and young physicians who currently earn modest wages, but whose salary is sure to significantly increase later in their careers. The Loss of Future Earnings Disability Plan fits the young professionals market by providing up to $1 million of additional disability protection to offset the potential loss of future income. LFE insurance has a very meaningful benefit, but can be purchased for very modest premium. The process involves simplified underwriting for individuals and guaranteed issue for employee groups and associations, with electronic application available to all.

QBE Offers Packaged Protection for Business Owners: QBE is offering business owners protection all in one package. According to QBE Senior Vice President Arne Chatterton, owners of small- to medium-sized companies may now insure their businesses and business vehicles, and provide Workers' Compensation to their employees, through QBE's FlexBiz product. FlexBiz offers tailored rating and expanded programs – including restaurants, motels and car care – along with pricing flexibility. "FlexBiz is fully integrated with the Business Auto and Workers' Compensation rating applications," Chatterton says. "This eliminates the need to enter duplicate information and provides one central place for client information." Intuitive and easy to navigate, the online rating system eliminates the need to enter duplicate information and provides one central place for client information. In addition, there is no Workers' Compensation payroll limitation. The Workers' Compensation portion of the package is available in all U.S. states except for Washington. Contact John LaPorta at 916.872.2780

RiskRadius Launches Insurance Industry's First Appetite Search Engine: RiskRadius introduces the industry’s first and only dynamic risk appetite search engine. The web-based application eliminates the frustration and significant time drain insurance brokers and agents face in finding the exact match for their client’s needs. This breakthrough platform provides equally beneficial tools to insurance carriers that include the ability for carriers to easily upload their appetites and control them by state, line of insurance and Standard Industrial Classification (SIC)– all in real time. The direct result of this new online platform is the time saving element to both broker and carrier. It not only moves the dissemination of appetite from analog to the digital state of communication, but tackles the current inefficiencies both sides face on a daily basis. Now, with RiskRadius, commercial property and casualty carriers can immediately connect with brokers in a more streamlined and efficient manner. Using proprietary software on a secured platform, the RiskRadius tool allows insurance brokers to search the dynamic database of appetites to discover new solutions for their clients based on states where they are located, SIC and line of coverage to perform target marketing. According to the company, this approach produces better results while improving the overall quote ratio from carriers. The carriers can also easily market specifically to geographic areas and industries. For the first time, they now have the capability to track and analyze the greatest number of searches by state, SIC or line of coverage and the number of times their company appear in any given search. It will also show the carrier the specific broker who was searching for their appetite so they can immediately contact that individual. Contact Lacey Trejo at 818.610.0270 or lacey@

Swiss Re Corporate Solutions Enhances Single Carrier Offering in North America: Swiss Re Corporate Solutions has increased available Property capacity from USD 250 million to USD 500 million. As part of the company’s Single Carrier offering, the increase in Property capacity up to USD 500 million is available to high-quality middle market corporations headquartered in the United States and Canada. The Swiss Re Corporate Solutions Single Carrier product is specifically designed to cover most light-to-moderate hazard occupancies, including manufacturing facilities, office buildings, retail establishments, supermarkets, hotels, stadiums, healthcare facilities and schools, among others. The product is offered on an admitted basis in the United States and Canada, and is written on Westport Insurance Corporation. In addition to offering one of the highest available Property policy limits, Swiss Re Corporate Solutions provides clients with loss prevention evaluations, jurisdictional inspections, plan reviews, project services and global impairment services. The North America Property team of Swiss Re Corporate Solutions can also provide middle market corporations operating internationally with a Single Carrier solution. Via a special arrangement with Royal & Sun Alliance, Swiss Re Corporate Solutions can provide admitted local coverage, in 150 countries and territories, for the foreign facilities of North America based corporations. Contact Kate Dillon at 203.254.1300 x 115 or kdillon@ and Mark Bonthrone at 914.828.6511

Torus Adds New Coverage for the Reproductive Medicine Industry: Torus product lines are Medical Expense Liability and Medical Professional Liability for those medical providers who are board certified to provide IVF procedures to egg donors and or implantation recipients. Medical Expense Liability is an innovative product that insures the medical expenses arising out medical complications. The insurance can be offered to donors as well as implantation recipients. The policy includes a service component to direct patients to a network of providers in the case of a catastrophic complication. Fertility clinics and hospital units are eligible insureds for the product. Minimum Retention: $0, Maximum Limit: $250,000, Minimum Premium: $20,000. Coverage terms will be offered through limited distribution points. Contact Robert Allen at 201.743.7759 or rallen@

Willis Releases Advanced Health Care Reform Impact Analysis Calculator: Willis North America’s Human Capital Practice announced enhancements to its Health Care Reform Impact Analysis Calculator. Available as a standard deliverable to all Willis Human Capital Practice clients, the calculator provides assessment and plan modeling capabilities to help firms address the financial impact of key health care reform provisions. Building upon the initial offering, released in 2010, the Willis team of actuaries, lawyers, and benefit consultants identified and designed additional functionality to help clients assess the potential cost impact and develop a clear strategy for managing their current plan to best address the Play or Pay provision and the Cadillac Plan Excise Tax. The proprietary tool allows organizations to evaluate plan offerings within the context of health care reform. For example, clients can easily perform “what-if” scenarios on current plan offerings to determine the average annual increase that can be absorbed and stay $1 short of the Cadillac Plan Excise Tax effective in 2018. The tool also expanded its capabilities around the Pay or Play provision to help employers understand an organizations’ exposure to employee eligibility related to the state exchanges. The Willis HCR Impact Analysis Calculator supports client planning through the following analyses: An extensive listing of each Health Care Reform regulation past, present, and future. Each regulation is clearly summarized with the effective date, description, and administrative impact; The Cadillac Plan calculator allows organizations to forecast penalties associated with current plan offerings and premium structures. An additional “what if” module has been added to give clients the ability to determine how to maximize plan offerings while avoiding the Excise Tax; and The Play or Pay calculator determines monthly exposure to “play or pay” penalties, effective 2014, based on hours worked and number of full-time employees. Contact Ingrid Booth at +27.011.341.9625 or boothi@

XL Group’s Marine Insurance Team Expands in Chicago to Target More Midwest Business: To grow its business with brokers and clients throughout the Midwest, the Marine insurance operations of XL Group plc (NYSE: XL) announced the expansion of its regional underwriting capabilities, adding Pete Shepeck, Brian Stockton, and Jeannine Liebig to its Chicago office. “We continue to build out one of the best underwriting teams in the marine business,” said Rich DeSimone, President of XL Group’s North America Marine business. “We’re especially pleased to lure Pete to XL with exciting opportunities and growth aspirations. By expanding our regional underwriting resources with skilled, knowledgeable team additions like Pete, Brian and Jeannine and continuing to add market-leading products to our portfolio, we’ll be the best marine solution for our brokers and agents, not only in the Midwest, but throughout North America.” Mr. Shepeck joins XL as Regional Vice President, North America Marine. Well-known throughout the region, most recently with Alterra Insurance, Mr. Shepeck’s 35+ year marine insurance career also included regional management and underwriting positions with St. Paul and then Travelers Insurance where he served as Regional Vice President, Ocean Marine. For more information, please contact Anne Marie Connell at 212.915.6694 or annemarie.connell@, or visit

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