Marsh News

Working Through Allocation Issues When Multiple Storms Happen

A nuanced approach is necessary to work through claims involving multiple perils, according to Bob O’Brien, managing director of Marsh’s National Property Claims Practice and Paul McVey, managing director and Marsh’s National chief property claims officer. A recent blog post …

Harvey Coverage Questions Loom for Businesses

Harvey’s lengthy stay over Texas and Louisiana, first as a hurricane and then as a tropical storm, will result in considerable losses for businesses located in both states. According to Finley Harckham, a shareholder in the Insurance Recovery Group at …

People News: Marsh, PDC, AIG

Marsh Appoints Durvasula Chief Digital Officer, Chief Data Analytics Officer Marsh announced the appointment of Sastry Durvasula to the newly created role of chief digital officer and chief data & analytics officer, effective August 14, 2017. He will be based …

Workers’ Comp to Benefit From New Technology

New technology promises to improve workers’ compensation programs, according to a Marsh webcast broadcast last week. According to Tom Ryan, market research leader, for Marsh’s Workers Compensation Center of Excellence, there are many areas of workers’ comp that can benefit …

Sharing Economy, Joint Employer Definition Add to Increasing EPLI Exposure

The sharing economy has blurred the line between employees and independent contractors, according to experts who spoke during Marsh’s New Reality of Risk webinar yesterday. The webinar, Managing Wage and Hour and Employment Practices Risks, focused on how employers can …

Cyber Terrorism a Major Concern for U.S. Businesses

U.S. businesses focused on addressing crisis management in the event of an on premise terrorist attack may be leaving their information systems vulnerable to a cyber attack. According to The Global Risks Report 2016, compiled through a strategic partnership between …

Business News

Liberty Mutual Launches SmartVideo Program to Better Communicate With Workers’ Comp Claimants To help aid communications with injured workers, produce better outcomes and deliver superior customer service, Boston-based Liberty Mutual has introduced smart video technology that automatically delivers a personalized …

Marsh/RIMS Report on Future Difficulty in Forecasting Emerging Risks

Most risk professionals believe that forecasting risk will not get any easier in the next three years, with cyberattacks and regulation topping the list of areas from which emerging risks will likely arise, according to a new report published jointly …

People on the Move

Gavan, President & CEO of Economical Insurance, to Retire December 2016 The board of directors of Canada-based Economical Insurance announced that Karen Gavan will retire as president and CEO and director at the end of her contract on December 31, …

Business News

Aspen Group Announces Acquisition of AgriLogic Insurance Services, LLC Specialty insurer Aspen Insurance has acquired AgriLogic Insurance Services, LLC and certain affiliates for cash in a transaction that further diversifies Aspens’s specialty insurance business. AgriLogic, headquartered in Kansas, is a …