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Willis Launches Global Risk Engineering Team to Enhance Specialized Capabilities

Article 0 Comments Willis, a business of the broker WTW, announced the launch of a Global Risk Engineering team, as a key expansion of its Global Risk & Analytics (R&A) business. By consolidating and elevating its engineering capabilities, Willis said it is enhancing its ability to deliver industry-leading specialization, powered by proprietary data, advanced analytics, and technology-enabled solutions. The Global Risk Engineering team will provide both single-site and portfolio-level assessments, enabling clients to achieve deeper insights, greater resilience, and measurable improvements in their total cost of risk (TCOR). With nearly 200 risk engineers operating across 30 countries, including North America, Europe, Middle East and Africa, Asia Pacific and Latin America, Willis brings together global expertise with local specialization. This combination supports multinational and large organizations by uniting property and casualty risk control expertise with market-leading data science, decision support tools, sector, and industry-specific knowledge. The new proposition goes beyond traditional risk engineering. By aligning proprietary data sets with specialized capabilities, the Global Risk Engineering team is uniquely positioned to deliver tailored, data-enabled solutions that optimize risk management strategies, improve resilience, and maximize clients’ return on investment. “We’re delighted to launch our new Global Risk Engineering proposition, which represents a significant...

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Pushing 60, Gen Xers Worry They’ll Go Broke in Retirement

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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Markets/Coverages: Tokio Marine HCC Enhances Product Recall Offering

Article 0 Comments Tokio Marine HCC (TMHCC) – Specialty Group, a member of the Tokio Marine HCC group of companies based in Houston, Texas, announced that it has partnered with The Acheson Group to enhance its existing Product Recall Crisis Consultancy abilities with immediate effect. The Acheson Group (TAG) is a global food safety and public health consulting group that helps companies assess their unique situation, address gaps, and deploy best practices for operational, regulatory, and reputational risk mitigation. TMHCC – Specialty Group’s London-based team was formed in May 2024, following the appointment of Mark Hutton as chief underwriting officer, Crisis Management, expanding its U.S. Product Recall business. This partnership, which will see The Acheson Group’s market-leading expertise extended to TMHCC – Specialty Group clients in both the UK and U.S. markets, represents a key expansion of the product recall business which has developed rapidly in response to strong client demand, TMHCC said. The Acheson Group, widely regarded as the preeminent food safety consultancy, will now provide TMHCC – Specialty Group clients with dedicated crisis management expertise, further differentiating its offering. “Product contamination is a loss exposure that cannot be ignored. Whether the result of criminal acts or simple human...

Pario Quantify Announces New Specialty Division 0

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Pario Quantify Announces New Specialty Division

Toronto, ON (Aug. 28, 2025) – Pario Quantify, a leading national provider of independent property appraisal and an SCM company, is pleased to announce the launch of Pario Quantify – Specialty. This new division of Pario Quantify is focused exclusively on supporting large-value, complex insurance losses across the country. Pario Quantify – Specialty provides clients with technical expertise, strategic insight, and rapid mobilization by a dedicated team of senior consultants, recognized for their leadership on high-profile losses across Canada. This new division also benefits from integrated support across the SCM Group of Companies, enabling a robust suite of services with specialized expertise from coast to coast. As Canada’s insurance industry faces unprecedented pressure from catastrophic weather events, regulatory changes, and complex construction projects, Pario Quantify – Specialty fills an urgent need for responsive and highly skilled consulting support. “As Pario Quantify continues to evolve, this new service line represents an important step for our company,” says Kevin Hengstler, Vice President, National Operations. “By formalizing this new division, we are better positioned to deliver effective solutions for complex, high-value claims. We look forward to meeting the needs of our clients across the country and the wider industry.” “We are excited to...

Manulife Canada Unveils Streamlined Platform for Travel Agents 0

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Manulife Canada Unveils Streamlined Platform for Travel Agents

Manulife, Canada’s Largest Travel Insurance Provider, modernizing process for agents to offer insurance solutions to travellers Toronto, ON (Aug. 26, 2025) – Manulife Canada is pleased to announce the launch of a new platform designed specifically for travel agents, making it easier to offer insurance solutions to their customers. The new platform promises new tools and enhanced technology that will continuously evolve to meet the needs of travel professionals and customers. “As a leader in the travel insurance industry, we’re continuously working to improve agent and customer experience. We’re thrilled to introduce this advanced system, which is an exciting step forward in our journey to innovate and simplify insurance solutions for both agents and travellers,” says Pamela Wong, Head of Travel Insurance and General Manager, Affinity at Manulife Canada. “Travel agents are essential to our industry, and we’re dedicated to equipping them with the tools they depend on. With this new system, we’re empowering professionals to confidently offer the travel insurance solutions their clients expect, helping create an easy and well-rounded travel planning experience.” In light of recent global disruptions, customers are increasingly prioritizing travel insurance as a key part of their planning—seeking greater protection and peace of mind. Trusted...

Markel Canada announces launch of Canada 360, comprehensive insurance solutions for cyber, tech and fintech 0

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Markel Canada announces launch of Canada 360, comprehensive insurance solutions for cyber, tech and fintech

Toronto, ON (Aug. 26, 2025) – Markel Insurance, the insurance operations within Markel Group Inc. is pleased to announce the launch of Cyber 360 Canada, Tech 360 Canada, and Fintech 360 Canada policies, now available on a primary basis. Cyber 360 Canada is tailored to meet the needs of Canadian clients seeking standalone cyber coverage. The coverage is designed to address evolving threats, ensuring robust protection for clients now and in the future. Alongside the premium insurance product, Cyber 360 Canada has developed a comprehensive suite of pre-breach services in partnership with leading industry experts. Markel Canada’s goal is to assist clients throughout every stage of their risk transfer lifecycle. Tech 360 Canada is a modular primary insurance solution specifically designed for the technology sector. It offers clients the flexibility to combine Technology Errors and Omissions coverage with Cyber coverage and Management Liability—including Directors and Officers, Employment Practices Liability, and Fiduciary Liability—under one single policy. Building on the success of the longstanding Markel Fintech policy, Fintech 360 Canada reaffirms Markel’s position as a leader in this vital subsector of the Canadian technology market. Specifically designed for fintech organizations, Fintech 360 Canada offers customizable coverage that can include Cyber Liability, Management...

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Judge Dismisses Lawsuit Against Detroit Officer in Facial Recognition Arrest

Article 0 Comments A judge has dismissed a lawsuit against Detroit police in the wrongful arrest of a pregnant woman who was charged in a carjacking partly because of facial recognition technology. Porcha Woodruff, who was eight months pregnant, spent 10 hours in jail after she was arrested at her suburban Detroit home while getting children ready for school in February 2023. Police admitted she was the wrong suspect, and charges were eventually dropped. Detroit has changed how it uses facial recognition technology based on Woodruff’s arrest and another case. U.S. District Judge Judith Levy said Woodruff’s arrest and time in jail “are troubling for many reasons.” But she dismissed a civil rights lawsuit against the officer who prepared the arrest warrant, saying Woodruff’s lawyer didn’t show that the officer lacked probable cause. The officer was not immediately aware of any “exculpatory evidence” that would have ruled out Woodruff as an accomplice in a carjacking, the judge said in an Aug. 5 decision. Police put a file photo of Woodruff in a photo lineup after gas station video from the scene was run through facial recognition technology. The carjacking victim picked Woodruff, who was among other women in the lineup....

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Gen X Retirement Savers Need Emotional Security

/ ThinkAdvisor provides financial advisors, registered investment advisors and wealth managers with comprehensive coverage of the products, services and information they need to guide their clients in making critical wealth, health and life decisions.

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PNC, Chase, Zelle Outages Reported

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