January 7, 2020
Kate Anawaty Examines How Effective Communication Strategies Can Boost Employee Engagement and Open Enrollment Metrics with Employee Benefit Adviser
Measuring employee engagement and benefit selections deliver valuable insights for organizations
Kate Anawaty, national communications team leader for USI, was recently interviewed by Employee Benefit Adviser on the value effective communication strategies can have on employee engagement and the open enrollment process. Anawaty shares: “If the goal of the communications strategy is to drive employees to a certain plan or behavior, then looking at the enrollment numbers and seeing a migration or a shift is an indication of a successful communications campaign. We can see from the numbers that what we wanted to encourage is reflected in the outcome.”
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January 7, 2020
Brian Dove Discusses the Challenges Associated with a Hardening Property Insurance Market with Business Insurance
Commercial property policyholders expected to face ongoing price increases and cuts in capacity through 2020
USI’s National Real Estate Practice Leader, Brian Dove, was recently interviewed by Business Insurance on the current challenges associated with the hardening property insurance market. In the article, Dove shares: “It’s definitely a challenging marketplace for property. Every account is really, and in some cases fortunately, judged on their own merit. I have seen renewals as low as 5% rate increase, but I’ve also seen renewals with 400% to 500% rate increases. The level of increase is driven by where the insured property is located, what kind of losses they’ve had and what kind of catastrophe losses they’ve had, in addition to attritional losses.”
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January 7, 2020
Andrew Doherty Interviewed by Business Insurance on Recent D&O Program Renewals
Risk managers face rate hikes on directors and officers program renewals
Andrew Doherty, USI’s national D&O practice leader, recently caught up with Business Insurance to discuss the latest trends surrounding D&O insurance program renewals as many risk managers at publicly held companies face double-digit rate hikes. In the article, “D&O rates surge; IPO market hit hardest,” Doherty shares that while rates for companies with IPOs have been higher than many other accounts, now their D&O insurance costs have “gone to extreme levels, to where you’re seeing rates sometimes three times or more above the rates of similarly-sized public companies” that have been public for a number of years.
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January 3, 2020
USI Consulting Group Chief Legal Officer, Karen McDonough, Profiled in Vanguard Law Magazine
Article highlights McDonough’s career, unique leadership experience and industry expertise
Karen McDonough, chief legal officer for USI Consulting Group, was recently profiled in Vanguard Law Magazine. The featured article highlights McDonough’s career in the retirement and benefits industry, from working in an administrative position in benefits and retirement for Connecticut’s Office of the State Comptroller out of college, attending law school, to joining USI Consulting Group, where today, she is proud to lead a legal team of five other female professionals.
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