People & Places

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R.B. Jones, a wholly owned subsidiaryof Kaufman Financial Group named DavidDerigiotis (LinkedIn) to the position of director. Derigiotiswill develop a growth strategy, increase market presence andintroduce products for R.B. Jones. He also will manage thecompany's leisure and recreation program. Prior, he worked for as directorof professional liability for Burns &Wilcox, Kaufman's largest subsidiary.

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TheInstitutes awarded Colleen Dunn(LinkedIn) with the 2011 National AccreditedCustomer Service Representative (ACSR) of the YearAward. She is a customer service representative at HMS Insurance Assocs. Withthe award, Dunn received monetary compensation and complimentaryregistration for one Institutes Online course.

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New Programs

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Allied World Bermuda, a subsidiary of Allied World Assurance Co.Holdings, introduced its D&O liability policy, ExecutiveForceField. It will provide Side A coverage fornon-indemnified loss and will be available on either an excess orprimary basis. Policy highlights include:

  • Reinstated limit of liability
  • Broad definition of “DIC Event,” and broad definition of“Loss”
  • Advancement of defense costs and pre-claim inquiry costs on acurrent basis
  • Favorable notice of claim provision
  • Worldwide coverage territory.

RLI Corp. announced it will pay the theft activation fee for all of itsRLIMarine policyholders who purchase and install anIRONwatch equipment tracking device serviced bythe National Equipment Register. This will help participating RLIMarine insureds reduce recovery time and costs for stolenequipment. There are no monthly monitoring fees associated withusing the IRONwatch device. For more information, contact BobSchauer (email), president of RLI Marine.

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News

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EnviroMission Ltd. appointedAon Risk Solutions to be the exclusive provider of insurance placement and risk consulting services for the constructionand operation of its first solar tower power station in La Paz,Ariz. When completed, the La Paz Solar Tower is expected to be one of theworld's tallest built structures.

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