Global specialty insurance and reinsurance managing general agent Rokstone has announced a new partnership with parametric specialist NormanMax, that will see the MGA offering a global parametric product covering earthquake, hurricane, tropical cyclone and typhoon, with additional perils set to be incorporated later.The partnership is with NormanMax Syndicate 3939 at Lloyd’s, which is the first pure-parametric syndicate in that marketplace.
Initially this is set to be a USD 10m worldwide parametric facility, with a target for USD 25m GWP in 2024 with another USD 50m GWP in 2025.
The expansion of perils, which will include flood, is expected to be available in 2025.
Rokstone Parametric will be able to...
Uncovering the strategic benefits of a unique approach to risk financing
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As Affordable Housing organizations face their annual insurance renewals, many have been surprised at the level of premium increases they are experiencing. Today’s challenging and volatile insurance market is having significant impacts across the industry and has led many forward-thinking industry leaders to consider alternative risk financing mechanisms, such as captives. While our Affordable Housing Team has received increasing questions about captives, this isn’t just anecdotal. According to industry trends, interest in captive insurance in the U.S. has risen greatly in the first quarter of 2021. So, if you aren’t already considering whether a...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
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The world of life insurance is an ever-evolving landscape, and as a result, new products and strategies continue...
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A recently filed lawsuit against Johnson and Johnson (J&J) alleges that the company breached its fiduciary duties under ERISA by mismanaging its...
Here’s a final reminder to register for our Artemis Live webinar, being held this week on November 21st 2024, in which industry expert speakers will...
The start of fall brings a lot of welcome things: a new school year, cooler temps and changing leaves.
You may not notice it right away, but your daily commute is affected by the shorter days and changing weather, too....
Employees love quality health insurance coverage since it offers protection and peace of mind. It is also a benefit for employers, as it helps them recruit top-tier talent and boost productivity. Healthier employees make good business sense all around....
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RenaissanceRe, the Bermudian global reinsurer, has lifted its third-party investor capital under management in reinsurance joint-ventures and insurance-linked securities (ILS) funds managed by RenRe’s...
Choosing the right health plan is important for you and your family. Unfortunately, understanding the ins and outs of health insurance can be difficult,...
During the full-year 2023, the catastrophe bond and insurance-linked securities (ILS) team at private markets focused investment manager Schroders Capital allocated over US $817...
The U.S. economy will feel the effects of the coronavirus for the next several months and beyond, with many individuals already feeling the sting in their own wallets. If you are one of 47 million Americans who are expected...
Florida workers compensation exemption rules play a crucial role for business owners navigating state insurance requirements. If you’re running a business in Florida, you need to know when you can legally opt out of providing workers’ compensation insurance to...
Understanding
health insurance and finding the right coverage isn’t always easy. There is a lot to comprehend, and often, accessing important and practical information about health insurance can be difficult for some. This is where Covered California comes in....
How to Address Today's Cyber Threat
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High-profile cyber attacks like the Microsoft Exchange server hack, the SolarWinds Orion software compromise and the Colonial Pipeline ransomware attack have highlighted increasing cyber risk for nearly every type of business. Furthermore,...
You can control some aspects of your insurance costs. Your independent agent can help.
Much like the price of groceries and gasoline, insurance premiums are increasing. Especially if you haven’t had a claim, you...
Last Updated on July 2, 2024 by adminA review into the effect of short-term holiday lets aims at improving the holiday letting market for those living in popular tourism destinations.Call for evidence aims to understand impact of increase in...
New Jersey Doesn’t Require Boat Insurance. Get it Anyway.May 26, 2022May 26: Closing at 12:00pmMay 25, 2023
Capt. Richard I. Risely, Union Army, Civil War. He is Tim Glenn’s Great, Great Grandfather.
We at Glenn Insurance support our men and women...
Virtual reality, or VR for short, may have some limited applications outside of video games and entertainment, but major US insurer Allstate Insurance Company believes there is potential in the technology for use in the insurance industry. Last week...
If you are able, take photos to document circumstances of the accident.
Your first instinct after a car accident may be to call for help. Do you have a plan for what comes next?...
Last Updated on January 11, 2021 by adminNational Lockdown – Stay At HomeOn the 4th January 2021 the Government announced a third lockdown in England to control the rapid increase of coronavirus cases. The devolved administrations in Scotland, Wales...
Whether you’re planning an international vacation or taking the kids to see their grandparents, here’s how to book the best possible tripby Nicole Dieker October 30, 2023 | Money
The holidays are nearly upon us, which means it might...
Virtual home inspections, necessary during the pandemic, remain popular because of convenience.
When you buy home insurance, the amount of coverage you purchase should be the amount that it would cost to rebuild...
Last Updated on November 19, 2021 by adminBoshers has donated its £3,750 grant from Ecclesiastical Insurance to The 2 Minute Foundation. The funding will help achieve their aims to see a world without plastic litter and pollution and to...
Sharing a meal from the grill is a great way to kick off the summer this holiday weekend.
Memorial Day traditionally marks the beginning of summer: time to grill on the patio, take the...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Navigating the complexities of healthcare insurance is challenging enough when everything stays the same. But when your spouse retires and you are self-employed, it can feel like a whole new ballgame. Suddenly, you’re faced with the question: Where can I...
We exchange gifts with our loved ones, colleagues, and associates during the holiday season. It’s often a fun and joyous time, but sometimes, despite careful selection and preparation, the bought gifts cannot and do not delight recipients. We sometimes...
Best commercial property insurance is vital for safeguarding your business assets from unforeseen events like fire, theft, or natural disasters. Owning a small business comes with risks, but selecting the right insurance company can offer peace of mind and...
June is Men's Health Month, a time to focus on the well-being of men and promote healthy habits. It's concerning that inactive men are sixty percent more likely to suffer from depression than those who exercise regularly. Men have...
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}A side business is a great way to make extra money or pursue your passion before building it into a full-time career. If you are considering starting a side business...
Home » Accident & Health Insurance – Do You Need One Or Both?
It’s hard to know what you’re going to need in this life to mitigate the risk (like accident and health insurance) and know that no matter what...
Health insurance plans each have their own rules, benefits and drawbacks. These can be tricky enough to work out when you're buying health insurance for just yourself, but when you're looking for a plan to provide employee benefits, a...
China’s National Financial Regulatory Administration (NFRA), the financial industry regulatory agency under the State Council of the People’s Republic, is continuing to promote Hong Kong as a venue for insurers and reinsurers to sponsor catastrophe bonds.Speaking at a conference...
Growing older is inevitable, and the time may come when you need assistance with basic needs and help with tasks such as getting dressed or going to the doctor. If you don't want to be a burden on your...
The federal government’s ACA Marketplace is seeing more signups than ever since its creation after the Affordable Healthcare Act was passed in 2010. In this year’s open enrollment, the Marketplace could see its highest number of new signups ever....
PGGM, the Dutch pension investment manager has allocated $200 million to a new quota share structure named Scenery Re on behalf of its end-client the Dutch pension PFZW, with the vehicle managed by Everest specialist unit Mt. Logan Capital...
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Chad Duke, Vice President/Risk Advisor, and Pim Jager, Vice President/Benefits Consultant, were recently featured on the ESOP Podcast discussing captive insurance and Scott Insurance’s collaboration with the National Center for Employee Ownership (NCEO) to create two new...
Highlights
Dave Chase, founder of Health Rosetta, met with Mike Schroeder, president and founder of Roundstone, to host an insightful webinar.
This webinar revealed some of the most eye-opening inefficiencies of traditional, fully insured health plans.
Among the topics presented, viewers learned...
May is Mental Health Awareness Month, a time dedicated to raising awareness and reducing the stigma surrounding mental health issues. It is crucial to understand that mental illnesses are prevalent in the United States, affecting a significant portion of...
