CNA loses USAID Defense Base Act Contract 2010
Posted by defensebaseactcomp on March 30, 2010
CNA has just lost it’s contract with the State Department to poorly provide Defense Base Act Insurance benefits on USAID contracts. Allied World Assurance, brand new to the DBA Dropping the Ball Game was just awarded this contract. We’ll have the full story on that as soon as they let go of it.
Allied World’s Kevin Behan to Speak at the IPOA 2010 EuroConference
It will be intersting to hear what Kevin Behan has to say about Risk Management in Conflict and Post-Conflict Zones, and examining how companies, military and governments can prepare to manage risk in these environments.
While the Contract Companies continue to have the DBA’s Exclusive Remedy shielding them from negligent safety practices it would encouraging to think that Mr. Behan will be speaking on reducing safety risks to employees. We all Know what the term “risk management” means in the insurance industry and it has everything to do with reducing their risk of losing some of their profit.
If we’re wrong, let us know. We are always open for honest discussions here.
PEMBROKE, Bermuda, March 30 /PRNewswire-FirstCall/ — Allied World Assurance Company Holdings, Ltd (NYSE: AWH) announced today that Kevin Behan, Senior Vice President for General Casualty in the United States, will be
speaking at the IPOA’s 2010 EuroConference. The conference will focus on RiskManagement in Conflict and Post-Conflict Zones, and examine how companies, military and governments can prepare to manage risk in these environments. The event takes place in London on April 8 & 9, 2010.
Mr. Behan joined Allied World in October 2008, as Senior Vice President for General Casualty. He is responsible for Primary Casualty, working with brokers to develop Allied World’s Primary Casualty business capability. Primary Casualty includes Defense Base Act Business, General Liability, Automobile Liability and Physical Damage. Mr. Behan has over 25 years of experience in the insurance industry.
About Allied World Assurance Company
Allied World Assurance Company Holdings, Ltd, through its subsidiaries, isa global provider of innovative property, casualty and specialty insurance and reinsurance solutions, offering superior client service through offices in Bermuda, Europe, Hong Kong, Singapore and the United States. Our insurance and reinsurance subsidiaries are rated A (Excellent) by A.M. Best Company. For further information on Allied World, please visit our website at http://www.awac.com.