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2018 Business Insurance US Insurance Awards

2018 <em>Business Insurance</em> US Insurance Awards

Business Insurance recognized achievements by outstanding executives and teams of professionals working in the field of risk management and commercial insurance at its inaugural U.S. Insurance Awards presentation in New York on March 8.

Maurice R. Greenberg, chairman and CEO of C.V. Starr & Co. Inc., received the 2018 Crain Lifetime Achievement Award at the event, which also raises money for a new scholarship fund.

The award recognizes individuals who have made an outstanding contribution to the risk management and insurance sector over the course of their careers.

It is named in honor of the Crain family, which founded Business Insurance in 1967. Business Insurance was bought in 2016 by Moxie Holdings, which is led by Adam Potter, founder of the Claims and Litigation Management Alliance.

Mr. Greenberg and Patrick G. Ryan, chairman and CEO of Ryan Specialty Group L.L.C. and the 2017 Crain Lifetime Achievement Award winner, were also announced as the first inductees into the Business Insurance Hall of Fame. Winners of the Crain Lifetime Achievement Award are automatically inducted into the Hall of Fame.

Recognizing that major achievements are seldom the work of individuals working in isolation, the U.S. Insurance Awards also honor teams of professionals working on specific projects in the commercial insurance and risk management sector.

Finalists in 14 categories were selected by senior Business Insurance 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 awards were created to help address the insurance industry’s talent crisis, and the event raised more than $100,000 for the Business Insurance Scholarship Endowment, which will open new opportunities to provide scholarships, grants and programming at universities without risk management degree programs, including historically black colleges and universities.

Profiles of the USIA winners follow below.


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.