Why seven major insurers are joining forces to underwrite smaller marine projects – Risk & Insurance – Workers Comp Forum | Mobiz World

A new consortium will allow seven marine insurers to more efficiently share coverage for small and medium-sized projects. Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has a new Lloyd’s facility, the Liberty Project Cargo Consortium, to insure small and medium-sized global project cargo risks. The facility, Consortium 7763, has underwriting capacity of … Read more

Why innovation is the solution to risk management challenges in the construction industry – NU PropertyCasualty360 | Mobiz World

Greg Perruzzi, Senior Vice President – Head of Construction, Gallagher Bassett. courtesy photo The stab of inflation is being felt in every industry in the US, even construction. Inflation, in particular, is driving up the cost of insuring construction projects while creating new risk management challenges for contractors. As demand in the construction industry returns … Read more

Delek US : How we streamlined turnaround management with ‘GOARC’ security platform – Marketscreener.com | Mobiz World

How Delek streamlined its turnaround management with the GOARC Safety 4.0 platform Delek US is a diversified downstream energy company with multiple assets in petroleum refining, logistics, asphalt, renewable fuels and convenience store retail. The Company owns and operates four inland refineries with a combined crude oil throughput capacity of 302,000 barrels per day, serving … Read more

Third-party cyber risk is your cyber risk. How to Understand, Mitigate and Prepare for Exposure to Third-Party Cyber ​​Risks | AHA News – American Hospital Association | Mobiz World

It’s a sad fact that hospitals and healthcare systems continue to be a prime target for cybercriminals. But it’s the rapid increase in cyberattacks targeting third parties, such as business partners, medical device vendors, and supply chain providers, that present one of the greatest – and often neglected – challenges facing the healthcare cyber risk … Read more

Report Shows Widening Gap Between Process Safety Goals and Reality – Society of Petroleum Engineers | Mobiz World

While corporate environmental, social and governance (ESG) efforts have steadily expanded and most companies have embraced safety as part of their corporate culture, there are still gaps in improving process safety performance, as revealed by Sphera’s new 2022 Safety Report. Sphera, a global provider of ESG performance and risk management software, data and consulting services, … Read more