News from MS Amlin, Chubb, Mercury Insurance and more. (Photo: Shutterstock)
Jupiter, a provider of predictive data and analytics for climate risk and resilience, announced it has received a $1 million grant from the Moore Foundation, which will be used to accelerate deployment of Jupiter's wildfire threat and intelligence platform, FireScore™ Operations. The Gordon and Betty Moore Foundation, whose mission is to foster path-breaking scientific discovery, environmental conservation, patient care improvements and preservation of the special character of the Bay Area, awarded the grant in order to provide Jupiter's FireScore Operations to firefighters, emergency services and other public sector entities by June 1, 2020.
"Making FireScore Operations available for California in time for the 2020 fire season is going to save lives and property," Rich Sorkin, CEO of Jupiter, said in a statement. "By increasing lead time for emergency management, FireScore Operations will help optimize evacuation planning, utility de-energization and prepositioning of resources, enabling emergency managers to suppress fires in their early stages and protect public safety and property. We expect all major utilities in fire-prone areas worldwide will use this service."
Smart contract company Data Gumbo Corp. announced a partnership with Cobbs Allen, a national independent agency focused on risk management in niche practice groups. Data Gumbo's product GumboNet™ is an interconnected blockchain network that automates smart contracts. Cobbs Allen will represent Data Gumbo in the insurance market, creating a safeguard for error and omission occurrences in the data or operations of any blockchain-based smart contract.
Calling all Los Angeles Clippers fans! Mercury Insurance is giving Clippers fans a chance to score the ultimate VIP experience to see their team in action with NBA Legend and Hall-of-Famer Jerry West at STAPLES Center. "The Ultimate Clippers Experience" sweepstakes is open till Feb. 5, 2020. Fans who complete an online Mercury auto insurance quote on their website will be entered to win a private dinner with West, courtside tickets to a game at STAPLES Center and an autographed item. Clippers fans who purchase a Mercury auto policy will receive a basketball autographed by Jerry West from their new insurance agent.
Chubb and the Aresty Institute of Executive Education at the Wharton School of the University of Pennsylvania have awarded the Certified Advisor of Personal Insurance (CAPI) designations to 39 agents and brokers. Now in its 5th year, the CAPI program was created by Wharton and Chubb in 2014 to help agents and brokers serve as trusted advisers to successful clients. Following 12 months of study, program participants must complete a capstone project to demonstrate their mastery of the curriculum. To date, there are 213 insurance professionals who hold the prestigious designation.
The Ohio Insurance Agents Association (OIA) presented Ron Berg of the Independent Insurance Agents & Brokers of America (the Big "I") with its Industry Citation Award at OIA's annual holiday dinner and awards ceremony in December in Columbus. Berg has served as Executive Director of the Big "I" Agents Council for Technology (ACT) since 2013 and in that time has worked with independent agents, insurance carriers and insurtech companies to advance the use of technology in the industry. Through his work with ACT, Berg collaborates with key groups to improve agent workflows and encourage the strategic implementation of technology that makes agents more effective and improves the customer experience in the industry.
Global reinsurer MS Amlin announced that it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P&C business, taking effect January 31, 2020. This announcement follows the outcome of MS Amlin's underwriting review undertaken earlier this year which the company says identified that "product lines and operations no longer aligned to its future strategic vision." As part of the new underwriting strategy, MS Amlin says it will be redeploying its capital and management focus to its three core markets of global reinsurance, global specialty and domestic specialty markets in continental Europe.
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