Around the P&C insurance industry: November 25, 2020 - PropertyCasualty360

Around the P&C insurance industry: November 25, 2020 - PropertyCasualty360


Around the P&C insurance industry: November 25, 2020 - PropertyCasualty360

Posted: 25 Nov 2020 02:00 AM PST

News from Aon, AXA XL, Envista Forensics and more. (Photo: Shutterstock)

Infosys and Mivation have teamed up to host a virtual round table event focused on the current challenges of a virtualized workforce. Panelists will address how companies are using technology to help drive best practices in reaching out to consumers at the right time, gaining wallet share, retention and referrals. Participants will include Troy Korsgaden, Martin Woll, Jeff Brown, Kelly Kidwell, Gautam Kalra and Raj Bagewadi.

Revenue Growth Delivered Using Technology will be held on Thursday, December 10th at 4 pm, CST. Registration is free and accessible online.

CFC expanded its suite of terrorism and sabotage insurance products to include standalone active assailant cover. Its active assailant policy covers businesses in the event of any premeditated physical attack that has the intention of killing or causing bodily harm. Coverage is not restricted to political, religious or ideological events, nor does it restrict what can be considered a 'weapon' for use in an assailant attack.

Aon plc expanded its Cyber Secure Select offering to include an enhanced cyber insurance program for high net worth individuals and executives, made in partnership with Aspen Insurance. Aon says Cyber Secure Select was designed to provide clients with "white-glove concierge service" in addressing their IT and cybersecurity needs, including robust device protection and personal information monitoring.

AXA XL's North American construction insurance business launched its Construction Ecosystem, a digital platform designed to connect innovative construction technology providers to AXA XL's contractor clients. The product aims to help contractors monitor and aggregate data to better manage risks on their job sites and across their organizations. As part of the launch, AXA XL unveiled a Tech Library, giving customers access to its growing list of curated construction technology partners.

Envista Forensics, a global provider of forensic consulting services to the insurance, legal, and risk management industries acquired Stephenson Consulting Group. The acquisition brings Envista additional building consulting and project management capabilities to complement and expand its existing and well-regarded global building consulting division.

Zywave acquired Insurance Technologies Corporation, a provider of marketing, rating, and management software and services to the insurance industry. Founded in 1983, ITC is headquartered in Carrollton, Texas, and serves more than 250 insurance companies and 9,000 agencies. Zywave plans to align and integrate ITC's products with its Sales Cloud offering, which includes multiple front-of-office solutions that streamline mission-critical workflows to strengthen organic growth.

ATI Restoration has acquired Mark 1 Restoration Service, a regional restoration firm providing fire, smoke and water damage restoration for residential and commercial properties. Mark 1 will continue to operate under its name from its three locations in Pennsylvania and New Jersey, and the management team will remain on staff in their current roles. Financial terms of the transaction were not disclosed.

Hippo Enterprises, an InsurTech group operating in home insurance, announced a capital investment of $350 million from Mitsui Sumitomo Insurance Company, a subsidiary of MS&AD Insurance Group Holdings, Inc. With this investment, Takashi Sato, a managing partner of MS&AD Ventures, the corporate venture capital fund of MS&AD Insurance Group Holdings, will join Hippo's board of directors as an observer. The investment will support Hippo's product roll out in additional states as the company aims to reach 95% of U.S. homeowners population in the next year. This is the second investment from MS&AD Ventures, following its investment in Hippo's Series E funding round in July 2020.

IMS (Insurance & Mobility Solutions), a provider of connected car data solutions to insurers, mobility operators and governments, released the IMS Engagement Toolset, a configurable suite of tools that enables insurers and mobility operators to interact with customers to positively influence driving behavior and reduce collision and claim risk. The IMS Engagement Toolset delivers the ability to craft and configure engagement campaigns that blend reward programs, which incentivize change, with practical coaching and behavioral "nudge" messaging. These tools are underpinned by the IMS Engagement Toolset's proprietary, AI-based Decision Engine, which uses telematics data and behavioral analytics to enable and distribute rewards and messaging outputs.

Related: Around the P&C insurance industry: November 18, 2020

Cry for help: Pinellas County residents dealing with Eta storm damage want answers, FEMA assistance - WFLA

Posted: 24 Nov 2020 03:45 PM PST

MADEIRA BEACH, Fla. (WFLA) — Hundreds living in Pinellas County beachfront communities are still dealing with storm damage from Tropical Storm Eta.

That includes Cathy Farrell who says two weeks ago, water was waist-deep in the streets and ankle-high in her home.

"Completely overwhelmed, we were just completely overwhelmed," she said, recalling Tropical Storm Eta. "It came in so fast."

8 On Your Side went to Madeira Beach Friday to see how families were doing and followed up on Tuesday. Farrell says she and her mom are neighbors – both with floors, baseboards, and furniture destroyed by the storm.

"We lost all our doors, we can't get the pocket doors out [because the water swelled the wood] causing them to stick," Farrell said.

We reached out to the office of Congressman Charlie Crist on Friday after neighbors had reached out in hopes of receiving assistance from FEMA. Hours later, Crist's office sent a letter to Gov. Ron DeSantis asking him to request FEMA's assistance for multiple beach towns in Pinellas County.

8 On Your Side reached out to Crist's office again Tuesday to get an update on what was next for those affected by Eta.

"We have not heard back [from the governor's office] yet. We're hopeful that we will," Rep. Crist said. "It's a reasonable request and it's just the right thing to do for the people of Pinellas County."

8 On Your Side called Gov. DeSantis' office on Tuesday. They forwarded our request to the state's Division of Emergency Management. A spokesman says workers are assessing the damage and, if there's enough, they'll declare a major disaster declaration to help individual families in the coming weeks.

"Pinellas County is trying to collect all that information to show what we're suffering," Linda Portal with the City of Madeira Beach said.

Portal tells us 8 On Your Side's recent story helped with the city's progress.

"People have been making comments, they've seen the report," she said.

Portal adds they're still waiting to hear from about 200 people. She's urging residents dealing with storm damage to use licensed contractors and get city permits before reconstruction.

But the Farrell family says they need FEMA's help now.

"Just don't forget us. Don't forget us. We're just a small neighborhood but the damage was quite extensive," Farrell said. "We may be a small group of people in the scope of things. It may not be major but it's major for us."

The city said PODS are usually only allowed at a house for a couple of days but they've extended it to three months while repairs from the storm are underway.

Portal said all construction, even restoration, must be permitted. You can check online to see if your contractor is licensed.

City of Madeira Beach officials told us they have waived fees for restoration work and are expediting review and permitting in order to get people back in their homes. You can call (727) 399-9951 immediately for direction and advice before beginning building or repairs. The city said you can just ask for permitting or restoration help and they will put you through to someone. You can also email planning@madeirabeachfl.gov with questions and for information about insurance, flood resilience and your property and restoration values.

Anyone with storm damage is asked to report it to the city and county.

A city spokesman said FEMA offers $30,000 in grant funds – increased cost of compliance (ICC) grants – to help those with flood damage avoid future flooding by raising their home, demolishing it to replace with a raised structure or moving the home out of the floodplain. A city spokesman said the FEMA ICC grant application form for your adjuster can be found online.

LATEST NEWS FROM WFLA.COM:

Top Glaze Roofing Systems Offers the Best Roof Restoration Services in Cranbourne - Press Release - Digital Journal

Posted: 25 Nov 2020 06:40 AM PST

Top Glaze Roofing Systems Offers the Best Roof Restoration Services in Cranbourne

Cranbourne, VIC - Roofing repairs and replacement can be costly maintenance tasks. For a lot of homeowners, they'll only start to look for a Roofing contractor when there is an obvious problem with the roof. Top Glaze Roofing Systems is a reputable roofing company that has established a reputation for providing quality roofing services at affordable rates.

"When you choose Top Glaze Roofing Systems, you get expert roof repairs and restorations that are guaranteed to last for 10+ years, no matter what Melbourne's fickle weather throws at your home. Our unbeatable 10-year guarantee on all our products and workmanship means we'll never compromise on quality or service, and you get complete peace of mind that your home is protected and looks outstanding too," said Rod Armstrong, the company's representative.

Clients can expect an upfront quote on the roofing repairs or installation. The company only uses skilled tradesmen with years of experience providing roofing services. It doesn't matter if it is a leak, crack, water damage, or discoloration, Top Glaze Roofing Systems will do a thorough inspection to get to the bottom of the problem.

Top Glaze Roofing Systems has experts to restore a roofing structure to as good as new condition while extending its lifespan. Working with the company means working with the best roof restoration experts in the whole of Melbourne. Top Glaze Roofing Systems provides a guarantee of the roof lasting for more than 10+ years once the work is complete.

Homeowners can have peace of mind, as they'll be working with a roofing contractor with more than 30 years of relevant experience. All their contractors are fully licensed and insured so that the quality of work isn't being compromised. Their commitment is to provide roofing restoration services that last longer, all while offering affordable rates.

Not acting quickly when there is a leak or a puncture to the roof can have devastating consequences. The whole roofing structure can weaken, thus, leading to expensive repairs and replacement. There is no need to spend a lot of money on a roof replacement when all that is required is to get in touch with a Cranbourne roof restoration expert.

Top Glaze Roofing Systems comes highly recommended for those that are looking for a reputable roofing company that can be trusted to provide fast results without compromising on the quality of service. The company understands that every roof is different and comes up with custom roof repairs depending on the needs of the clients. The 10-year roofing warranty is unbeatable and there is the peace of mind that there is a solid roofing structure in place. With more than 20,000 happy clients, one can never go wrong by choosing to work with Top Glaze Roofing Systems.

Top Glaze Roofing Systems is located at Factory 7/1441 S Gippsland Hwy, Cranbourne, VIC 3977. For top-quality roofing services, contact their team by calling 1800 88 77 98 or send an email to info@topglaze.com.au. For additional information regarding their services, visit the roofing company's website.

Media Contact
Company Name: Top Glaze Roofing Systems
Contact Person: Rod Armstrong
Email: Send Email
Phone: 1800 88 77 98
Address:Factory 7/1441 S Gippsland Hwy
City: Cranbourne
State: VIC
Country: Australia
Website: http://www.topglaze.com.au/

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