THE RISKS involved with ITM servicing and replenishment are complex and far-reaching. Yet, the opportunity for carriers to successfully mitigate the risks and employ sound operating practices can reap them more business from banks as ITM deployment continues to increase. How ITMs are Changing the Business of CIT It was not too long ago that CIT carriers operated armored vehicles …

Job description Job Summary: You will help large companies across Latin America, the Caribbean and Spain / Portugal to protect their assets and their business income, by providing (Re)Insurance protection against unforeseen damage of their assets due to risks like fire, natural perils, machinery breakdown, etc.  As a Junior Property Lines underwriter, you will receive on-the-job training and development, working …

Business interruption (BI), including supply chain disruption, is the top risk for companies for the sixth consecutive year, according to the Allianz Risk Barometer 2018, with 42% of responses rating it as one of the three most important risks in 2018. Whether it results from factory fires, destroyed shipping containers, or increasingly, non-physical damage risks like cyber, political violence, product …

Aspen Re Temp Accounting Proportional (Insurance Industry job offer in Miami or Rocky Hill Conn) Spanish (Portuguese desirable) The candidate should also have experience working in Excel spreadsheets. Basic knowledge of core (re) insurance principles, premium recognition and types of contract wordings Basic knowledge of product features, e.g. adjustments, swing parameters and contract types (Pro Rata, Binding Authorities/Excess of Loss) …

Blue Marble Head of Latin America Location: Flexible although must be in or near Latin America. Preferred start date: February 1 , 2019   About Blue Marble Blue Marble is a startup with a mission of extending socially impactful, commercially viable insurance protection to the underserved. Blue Marble incubates and implements microinsurance solutions that support the economic advancement of underserved …

Electricity interconnectors are the physical links that allow the transfer of electricity across borders. Typically comprising large diameter HVDC polyethylene cables installed overland, or more commonly in the seabed, the interconnector provides a transmission connection allowing two countries to exchange power. Interconnectors are vital as we move towards an economy more reliant on renewable energy. Wind power generation is, by …

By Lowers & Associates It’s no secret that Latin America has suffered its fair share of cyber-attacks, but the extent of the damage might be worse than many have imagined. In a 2018 study of cybercrime by the Organization of American States (OAS), 92% of banks in the study reported some kind of digital security event and more than 1 in 3 …

Marsh announced the formation of Marsh-JLT Specialty, a new specialty business within Marsh that will combine the specialty teams of Marsh and Jardine Lloyd Thompson Group plc (JLT), effective upon the closing of the purchase of JLT by Marsh’s parent company, Marsh & McLennan Cos. The unit will be a new specialty business within Marsh once regulatory approval for the takeover …

The Lloyd’s Mexico’s team, alongside the Lloyd’s syndicates from London, Miami and Mexico, will host presentations in Mexico City to share their local insights, business opportunities and challenges, aimed at Brokers, Risk Managers and (Re)insurance community in general. Participants will have the opportunity to network with participants from the Lloyd’s market including underwriters and brokers, as well as representatives from …

The Lloyd’s insurance and reinsurance market has announced that its Brussels base will be ready to underwrite facultative reinsurance and non-proportional excess of loss treaty reinsurance using Lloyd’s Brussels paper from 1st January 2019 across all markets in the EEA. At the same time the market said that if the UK fails to secure Solvency II reinsurance equivalence in 2019 …

Insurance professional: Do you use the power of FREE? Are you rational? We love to be told we are smarter than we thought we were, but a DUKE professor of Psychology & Behavioral Economics, Dan Ariely demostrates that we are consistently irrational much of the time. Based on his observations and supported by findings from his innovative research, Dan has become an expert …

The largest photovoltaic facility in the world installed on the rooftops of a factory began operating in September 2008. An area of 320,000 m2, similar to 42 football fields, was covered with 84,848 panels with a photovoltaic capture area of 189,000 m2. The panels generate energy equivalent to the consumption of 4,600 households. The investment cost was €61 million. After …

On September 27 2018, global construction consulting firms J.S. Held & Comando celebrated their recent merger with a client reception held in Miami, Florida… If you don’t have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content. For more information on individual annual subscriptions …

World electricity demand will have increased by 70% by 2040, which will demand more and better services, expertise and capabilities from technical and insurance sectors. In attention to the Industry’s request, Advanta and LEA forge ahead with the impartation of seminars in areas of key interest.  This time, and given its relevance from a global, business and Insurance standpoint, Renewable …

Hemispheric Re Group, L.L.C. (HRG) is pleased to announce the hiring of Álvaro J. Gabaldón as its new Managing Director. Álvaro brings extensive insurance and reinsurance experience to the group. Over his nearly 30-year career in the international insurance and reinsurance fields, he has worked in a variety of underwriting and management roles at several respected insurance organizations including The …