Advocacy organization Cross Border Benefits Alliance-Europe (CBBA-Europe) in July 2017 was launched to promote cross-border/pan-European employee benefit plans in Europe, including pensions, healthcare, disability, long-term care, and well-being/wellness programs. The Alliance “is strongly convinced that the current national barriers to the creation of cross-border employee benefits represent a useless burden and foolish costs for sponsor companies and future beneficiaries”. CBBA-Europe will lobby E.U. institutions and member states to remove
The reinsurance and capital advisory division of Aon, Aon Benfield, in June 2017 announced the appointment of Andy Marcell as its president, based in New York and reporting to Aon Benfield CEO Eric Andersen. Since 2015, he was Aon Benfield’s head of strategy, joining from the position of CEO of Guy Carpenter’s U.S. operations and head of its global facultative business. He had joined Guy Carpenter in 1990 as
Global relocation services provider Cartus in July 2017 announced the appointment of Mark Sonders as Senior Vice President of Global Sales and Marketing, based in Cartus’ worldwide headquarters in Danbury, Connecticut. He joins the company with over 20 years in business-to-business sales and leadership roles, coming from Vertafore, a provider of technology solutions for the insurance industry. Prior experience included roles at eMind and Thomson Reuters. He earned a Bachelor
Cyber risk analytics firm Cyence and specialty insurance market Lloyd’s of London in July 2017 published a joint report that explores the financial impact on insurers of two specific cyber scenarios in terms of dollars and probabilities. Cyence’s economic modeling platform for cyber risk identified and quantified the potential outcomes that could affect insurance companies’ cyber portfolios. The report focused on two increasingly common cyber events: a cloud service provider