Marsh News

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 …

Survey: CEOs Overestimate Coverage for Cyber and Reputation Risks

According to the 2015 International Business Resiliency Survey, conducted by Marsh, a global insurance and risk management broker, and Disaster Recovery Institute International (DRII), firms consider cyber and IT-related risks to be the most likely to occur and have the …

Marsh Launches Analytics-Driven Diagnostic Tool to Reduce TCOR

Marsh, an insurance broking and risk management firm, announced a new casualty cost diagnostic tool powered by analytics that provides clients enhanced awareness of their casualty program costs and trends and shares strategies on how to further control their casualty …

The Changing Landscape of Business Interruption Claims

The high costs related to business interruption should provide an impetus for companies to prep for them in advance, according to industry experts. During a webinar hosted by Marsh, insurance experts detailed the top five issues related to business interruption …