Ironshore Launches Life Science Practice

2 6 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 isen.com/NPA.shtml or send material to 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

omeeting.com/register/483927833

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

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

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

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

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

omeeting.com/register/408842456

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”: nUp4.com/Advisen_CyberLiabilityInsights

2 6 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

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

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

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

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

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 .com. 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 or Maria Lachapelle at 336.733.1472 or

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

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.”