Allianz Global Corporate & Specialty News

Claims People: Envista, Allianz, Florida Peninsula, Beazley and CaseGlide

Envista Forensics Hires New President Envista Forensics, a global provider of forensic consulting services for insurance claims, has appointed Christina Lucas as president. Lucas will replace Robert Wedoff, who has held the role of president since 2014. Wedoff is transitioning …

Claims People: Preferred Mutual, Kinsale, Allianz and Goldberg Segalla

Preferred Mutual Appoints Claims Chief Preferred Mutual Insurance Co. has hired Michelle Raue as senior vice president of claims. The carrier, based in New Berlin, New York, said Raue has more than 30 years of claims, operational and leadership experience. …

Claims People: Beazley, Preferred Medical and AGCS

Beazley Promotes 2 in Claims Team Specialist insurer Beazley has promoted Steven Chang to global head of complex claims and Kati Bynon to global claims leader for health care. The two appointments follow Beth Diamond’s promotion to group head of …

AI-Related Liability Considerations

The recent deadly crash of an Uber autonomous car in Arizona highlights the evolving risk related to artificial intelligence (AI). A newly released report by Allianz Global Corporate & Specialty, The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, …

Rise of the Robots Comes With Benefits and New Loss, Liability Scenarios

In the new report The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, Allianz Global Corporate & Specialty (AGCS) identifies both the benefits and emerging risk concerns around the growing implementation of Artificial Intelligence (AI) in society and industry, …

Business Interruption, Cyber Attacks at Top of 2018 Allianz Risk Barometer

Business interruption (42%) and cyber incidents (40%) lead this year’s top business risks, globally, according to the seventh annual Allianz Risk Barometer. Allianz Global Corporate & Specialty (AGCS) announced the findings last week, based on insight from 1,911 risk experts …

Allianz Warns Product Recall Risks Grow as Technology Drives New Triggers

Defective product risk is an increasing peril for companies, causing significant financial damage, according to a newly released Allianz Global Corporate & Specialty (AGCS) report. Recall exposures have increased significantly over the past decade, bringing the potential for larger and …

Allianz: Cyber Security, Regulation and Cost Cutting Impact Global Shipping Losses

Large shipping losses have declined by 50 percent over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping …

Top 10 Causes of Liability Losses Include Bedbugs, Crashes and Defective Products

Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: …

Allianz: Commercial Drone Growth Brings Benefits, Risk

More drones in the skies raise a number of new safety concerns, ranging from collisions and crashes to cyberattacks and terrorism, according to the latest risk report from Allianz Global Corporate & Specialty (AGCS): Rise of the Drones: Managing the …