Lloyd’s Innovation to be Profiled at MarketScout’s Entrepreneurial Insurance Symposium

By newswire | August 2, 2011

Hank Watkins, President of Lloyd’s America, will outline Lloyd’s new initiatives

DALLAS, August 2, 2011 – Hank Watkins, President of Lloyd’s America, will deliver a keynote presentation to over 400 insurance industry executives on September 13, 2011 in Dallas, at MarketScout’s fifth annual Entrepreneurial Insurance Symposium. For over 300 years, Lloyd’s has been the insurance industry leader in developing creative solutions for individuals, companies and organizations with unique risks. Many of the risk transfer solutions developed at Lloyd’s have, in turn, facilitated innovation by its policyholders. Watkins will provide an overview of the world’s only subscription marketplace and explain how Lloyd’s continues to develop products that fill ever-changing market needs.

Richard Kerr, CEO of MarketScout, commented, “Lloyd’s is consistently the leader in product innovation. Insurance entrepreneurs turn to Lloyd’s for market support on new initiatives because they know the syndicates and the governing body of Lloyd’s have an open mind. This support is critical for new distribution and product development ideas.”

MarketScout has partnered with The National Alliance for Insurance Education and Research for the fifth annual Entrepreneurial Insurance Symposium. As a result, certified insurance counselor (CIC) and certified risk manager (CRM) attendees can secure hours necessary to meet the update provisions required to maintain designations.

Symposium registrants will also vote on the ultimate winners of the 2011 Entrepreneurial Awards. The 12 finalists will profile their innovations at the symposium via a shark tank-type presentation to the registrants and judges’ panel. A winner for each category of underwriting, distribution and technology will be named during the symposium. Candidates with an innovative idea may apply until August 15, 2011.

To apply for an entrepreneurial award or learn more about the symposium, visit www.einsurancesymposium.com.

About MarketScout
MarketScout is an insurance distribution and underwriting company headquartered in Dallas, Texas. The firm owns and operates the MarketScout Exchange at www.marketscout.com as well as over 40 other online and traditional underwriting and distribution venues. In 2010, MarketScout launched MarketScout Wholesale, LLC (MSW), a traditional wholesaler, complementing its electronic underwriting and distribution strategy. MSW specializes in MGA, brokerage, specialty programs and business development partnerships. MarketScout and MSW have offices in Arizona, Arkansas, California, Florida, Illinois, Louisiana, New York, Oregon, Texas and Washington D.C.

Media Contact:
Beth Showalter
MarketScout Corporation

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