Business Insurance presented its inaugural U.S. Insurance Awards at an awards dinner in New York on March 8.
Also at the dinner, as previously announced, the Crain Lifetime Achievement Award was presented to Maurice R. Greenberg, chairman and CEO, C.V. Starr & Co. Inc.
The awards program was created to help address the industry’s talent crisis by funding the BI Scholarship Endowment. This endowment will open new opportunities to provide scholarships, grants and programming at universities without risk management degree programs, including historically black colleges and universities.
Recognizing that major achievements are seldom the work of individuals working in isolation, the U.S. Insurance Awards honor teams of professionals working on specific projects in the commercial insurance and risk management sector.
Finalists were selected by senior BI staff from more than 170 nominations. The winners were selected by a panel of 80 risk management professionals who independently assessed each of the nominated finalists.
The 2018 U.S. Insurance Awards winners are teams from the following companies:
Broker Team of Year (firms with less than $500 million in U.S. revenue)
Risk Transfer Insurance Agency L.L.C.
Broker Team of the Year (firms with more than $500 million in U.S. revenue)
Aon P.L.C.
Community Outreach Project of the Year – Pro bono
Keenan & Associates, a unit of AssuredPartners Inc.
Community Outreach Project of the Year – Volunteer & Donations
Philadelphia Insurance Cos., a unit of Tokio Marine & Nichido Fire Insurance Co. Ltd.
Insurance Consulting Team of the Year
American International Group Inc.
Insurance Underwriting Team of the Year (all property/casualty)
American International Group Inc.
Insurance Underwriting Team of the Year (management liability/professional liability/cyber liability)
EmergIn Risk, a unit of Ryan Specialty Group L.L.C.
Insurtech Initiative of the Year
Risk Placement Services Inc.
Legal Team of the Year
Anderson Kill P.C.
Managed Care Provider Team of the Year
Keenan & Associates, a unit of AssuredPartners Inc.
Reinsurance Team of the Year
TigerRisk Partners L.L.C.
Risk Management Team of the Year
AES Corp./American International Group Inc./Marsh L.L.C.
TPA Team of the Year
Helmsman Management Services L.L.C., a unit of Liberty Mutual Insurance Co.
Wholesale Brokerage Team of the Year (tie)
Breckenridge Insurance Group
R-T Specialty L.L.C.
Profiles of the winning teams will be featured in the April edition of Business Insurance.