News & Insights

Featured updates and published expertise.

Media Contacts

Carmen Duarte
781.332.7268
cduarte@onebeacon.com

Sasha Aronson
781.332.7165
saronson@onebeacon.com

Nancy Hemmerich
860.321.2801
nhemmerich@onebeacon.com

Published Articles

Cryptojacking: Where Stealth Meets Payoff

January 16, 2019

Most of us are well aware of ransomware and how prolific of an attack vector it has become. Attacks such as SamSam, WannaCry, NotPetya, Petya and others have resulted in significant economic damage to their victims, either through ransom payments or the associated downtime.

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News Release

Nelson Kefauver Joins OneBeacon as President of Management Liability Business

January 14, 2019

Nelson Kefauver has joined OneBeacon as President of its Management Liability business unit, reporting to Executive Vice President Paul Brehm. In his new role, Kefauver will lead a specialty underwriting team focused on providing management liability solutions targeting a broad range of not‐for‐profit organizations and private for‐profit companies throughout the U.S.

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Whitepaper

Gene Editing: CRISPR/Cas-9 and Beyond

January 14, 2019

In 2003, the National Institute of Health’s (NIH) “Human Genome Project” (HGP) announced that it had completed its research involving the mapping of the entirety of the human genome. It revealed that there are over 20,000 individual genes in the human body, providing scientists and others with detailed information about the structure, organization and function of the human genome, along with a basic set of genetic patterns for the development and function of a human being.

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Published Articles

Risk Managing Hired and Non-Owned Auto Insurance in Drug and Alcohol Testing Businesses

November 29, 2018

Any commercial entity, including drug and alcohol testing businesses, that uses (i.e., allows employees to operate) vehicles that are not owned by the company, but are leased, hired, or borrowed, should consider the enterprise risk transfer strategy of insurance to address potential liabilities and losses. But what types of auto-insurance policies or endorsements to other policies are needed? Which policies are primary vs. secondary? Are there special considerations for drug and alcohol testing businesses? How should a company manage these risk exposures?

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News Release

Intact Financial Corporation reports Q3-2018 Results

November 6, 2018
  • Net operating income per share of $1.62, driven by a solid combined ratio of 93.8% across North America and strong net investment income
  • Premiums grew 23% fuelled by OneBeacon and strong organic growth in commercial lines
  • Combined ratio of 93.9% in Canada with significant improvement in personal auto, and solid OneBeacon results at 93.5%
  • Operating ROE of 11.6% and a 6% increase in book value per share over the last twelve months, with $1.2 billion of total capital margin
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Whitepaper

Blockchain Technology and its Future, Part 2

October 30, 2018

This paper is part 2 of 2 on the topic of blockchain. Part 1 provides technical insight on the blockchain technology that is the foundation of the Bitcoin and Ethereum cryptocurrencies, one of the most recognizable applications of blockchain technology. Part 2 is less technical as it reviews different types of blockchain platforms, business applications using this technology and how it may soon revolutionize certain enterprise and consumer transactional processes.

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Whitepaper

Blockchain Technology Bitcoin & Ethereum, Part 1

October 30, 2018

This paper is part 1 of 2 we have authored on the topic of blockchain. Part 1 delves into more detail on the technology of a blockchain and how it operates.

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News Release

International Marine Underwriters Now Offering Cyber Coverage

October 3, 2018

International Marine Underwriters (IMU) has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to data and systems from cyber-attack and cyber-related litigation.

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News Release

OneBeacon Announces New Management Liability Coverage

August 7, 2018

OneBeacon Management Liability has introduced new Management Liability primary policy forms that deliver more comprehensive coverage to a broad range of organizations. The modular policy approach is designed to help minimize gaps in coverage, while providing flexibility to tailor solutions based on each client’s unique exposures.

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In the News

Uber driver insurance program not workers comp, but provides similar benefits

August 6, 2018

BOSTON — A risk management official for Uber Technologies Inc. said the rideshare company’s program to provide benefits for injuries sustained by its drivers while working on the Uber app is an important first step to establishing benefits for these drivers, but affirmed that the program is not a workers comp program and that Uber believes it correctly classifies its drivers as independent contractors rather than employees.

Read full article mentioning OneBeacon's offering of Driver Injury Protection.

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