Birgit Vosper

Mind the gap when switching D&O, professional liability, and other claims-made. Note: in Belgium this is legally regulated by article 142 §2 of the Insurance Act 2014: basic principle loss-occurence and claims-made as an exception.

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#Freedom #Solidarity #Justice For us at HDI Global SE these democratic values are the foundation of a strong economy and a fruitful exchange between different #cultures. I experience this invaluable exchange every day at HDI Global. We’re proud of our more than 5,000 colleagues in our worldwide locations and business partners in more than 175 countries, that bring in their different cultural backgrounds successfully for our clients every day. Our global mindset fosters #innovation, as we can draw on a wealth of perspectives and experiences. Our multilingual team connects effortlessly with clients worldwide, breaks down barriers and expands our reach. But it's not just about business. In our inclusive culture we celebrate our differences and promote #respect and #tolerance. For me personally, #democracy and its values are non-negotiable. I therefore support the initiative of the GDV Gesamtverband der Deutschen Versicherungswirtschaft e.V., the German Insurance Association, on the occasion of the European elections from 6 to 9 June 2024. But regardless of the European elections, democracy needs advocates who stand up for it – everywhere in the world and every day. #UseYourVote #EP2024 #EveryVoteCounts #DemokratieVersichert

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We are pleased to have worked with Gallagher Re on this new white paper. It discusses how Counterfactual Analysis can help (re)insurers overcome the challenges of identifying cyber risk in their portfolios. Read it here: https://hubs.ly/Q02s-yhH0

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The future of insurance: In times of major transformations, insurers and clients need to... collaborate and maintain a close dialogue.   During my interview with Susanne Schier from Handelsblatt, I stressed our conviction at HDI Global: We want to stay close to our clients and help them capitalise on opportunities in times of constant transformation by adapting ourselves and developing tailored solutions. Be it new sources of energy, progress in autonomous mobility, climate risk mitigation or the growing utilisation of AI in industrial sensors: Insuring against emerging risks of innovations means enabling economic progress for all of us. In this way, we act as the global industry’s true Partner in Transformation.   Read more about my takes and our commitment here – in German language: https://lnkd.in/ewvhUwsK   #HDIGlobal #PartnerInTransformation

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When a claim arises and there is a lack of evidence connecting the injury to work, it is possible to convince an insurer to reject a claim awaiting further evidence. From a recent workshop, Aegis RMS Director Simon Booth explains this potential situation further. #managingclaims #workerscompensation #aegisrms

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A recent study by Debeka on occupational disability insurance shows that the proportion of mental illnesses has risen to almost 50%. This finding is based on the analysis of 1259 new claims - read the story via VersicherungsJournal (German language): https://lnkd.in/e9dDMhkx Mental illnesses have long been the number one cause of claims. According to the current Morgen und Morgen rating - https://lnkd.in/ecU8KMiM - 34% of benefit triggers are attributable to mental illness. From our own experience, Pro Global can confirm that mental illnesses now account for 39% of all newly reported claims. In recent years, German biometric insurers have upgraded their systems to meet these challenges and provide optimum support for insured persons. Training for their own employees, an internal and external network of medical expertise, technical support and an optimised process help in the processing of claims. The team at Pro Global Deutschland are proud to be able to make a positive contribution to overcoming these challenges. We have genuine partnerships with numerous insurers in the area of benefit assessment. Follow the Pro Global Deutschland page for more information in German, and get in touch with Head of Business Development Stilianos Kalaitzidis to discuss how our team of biometrics experts can also support the benefits verification process. ([email protected]).

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👨‍💻 Interesting Read: Why private companies should look closer at D&O, EPL exposures. "Trends in the economy and workforce are in increasing management liability risks for private companies. Gain insights on director's and officers' exposure and how to mitigate it." #BusinessInsurance #AtlasRiskSolutions #InsuranceBroker #DutchCaribbean https://lnkd.in/eKyPCf95

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Claims handling has become a critical aspect of maintaining competitiveness and ensuring customer satisfaction. Traditional methods of managing claims are no longer sufficient to keep up with the increasing volume and complexity of claims. Find out more- https://lnkd.in/gaAyzsYU

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Last week, IRDAI came out with a master circular, delineating the procedural aspects relating to the corporate governance requirements for insurers. This master circular elaborates on the “fit and proper” criteria applicable to directors, the mandate to have a whistle-blower policy, etc. Read more: https://lnkd.in/gznbrbhC #corporategovernance #irdai #stewardshipprinciples #whistleblowerpolicy #insurancesector #insurancecompanies #fmupdates #fma #foxmandal

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