Risk Management, Compliance

Environmental, Social and Governance (ESG) Considerations for Directors and Officers

May 14, 2023

Environmental, Social and Governance (ESG) Considerations
Increased scrutiny from investors on companies’ Environmental, Social, and Governance (ESG) credentials, such as board diversity and environmental impacts, presents greater potential Directors’ and Officers’ (D&O) liability exposure. Investors, employees and consumers increasingly expect companies to be actively addressing ESG considerations in their structures and operations. Those failing to address these issues may open themselves up to ESG-related litigation.

Spotlight

Madison Mutual Insurance Company

Madison Mutual is a local, Upstate New York insurance company that has been committed to quality for over 125 years. Its name is derived from its home and place of origin – Madison County, NY – and its offices have always been located in Chittenango, NY. The Madison-Onondaga Mutual Fire Insurance Company was formally incorporated in 1893 to insure local farmers and business owners against fire and lightning. In 1983, the company merged with the Herkimer Cooperative Insurance Association and changed its name to Madison Mutual Insurance Company.

OTHER WHITEPAPERS
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Evolving role of reinsurance in a world fraught with cyber risks

whitePaper | August 24, 2022

Commercial insurance has traditionally protected businesses from a wide range of unexpected circumstances. These circumstances underwent significant change during the pandemic, with the move to remote work and plans for business continuity. But these are not the only coverages affected by the pandemic. Cyber security threats have also spiralled.

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Finance transformation projects in insurance

whitePaper | May 4, 2022

A small percentage of insurers have already started their finance transformation journey and doubtless others will begin the journey in the coming years. This white paper sheds light on ten factors driving the need for finance transformation within insurance and how to ensure a smooth transition.

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Improving Insurer Combined Loss Ratios with Next-Gen Technology & Payment Optimization

whitePaper | July 12, 2022

The insurance industry is feeling the impact of high inflation. Supply shortages and higher material prices have been raising insurer repair and replacement costs and increasing the severity of losses on auto and homeowner insurance claims. Interchange fee increases, rising labor costs, and fuel price hikes are only adding to carriers’ financial pressures.

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Moving to the cloud is reshaping the insurance industry

whitePaper | October 25, 2022

With many employees working from home and digital business on the rise, insurers need a solution for managing, data, core systems and organisational needs. This whitepaper discusses the benefits of cloud computing for insurance companies.

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5 Reasons why insurers should modernise their claim payment process

whitePaper | July 5, 2022

Modern UK insurance providers are focused on accommodating the changing expectations of their customers1 : improving customer service; streamlining claim payment processes; reducing manual disbursement methods, and increasing the speed of claim payment delivery. A digital payout solution can help transform all five of these areas to meet – and exceed the new demands.

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The Evolving role of reinsurance in cyber risk for commercial insurers

whitePaper | August 24, 2022

Commercial insurance has traditionally protected businesses from a wide range of unexpected circumstances. These circumstances underwent significant change during the pandemic, with the move to remote work and plans for business continuity. But these are not the only coverages affected by the pandemic. Cyber security threats have also spiralled.

Read More

Spotlight

Madison Mutual Insurance Company

Madison Mutual is a local, Upstate New York insurance company that has been committed to quality for over 125 years. Its name is derived from its home and place of origin – Madison County, NY – and its offices have always been located in Chittenango, NY. The Madison-Onondaga Mutual Fire Insurance Company was formally incorporated in 1893 to insure local farmers and business owners against fire and lightning. In 1983, the company merged with the Herkimer Cooperative Insurance Association and changed its name to Madison Mutual Insurance Company.

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