Beacon Intl Group

?? Nomination Deadline Extended! ?? The Business Insurance U.S. Insurance Awards recognize excellence in the commercial #insurance and #riskmanagement industry. Now in its 8th year, this prestigious program honors outstanding teams and individuals—from brokers to TPAs, insurers, and beyond. ?? New for 2025: Introducing four #innovation categories to celebrate groundbreaking technologies and services that support risk managers. Previously recognized under the Innovation Awards for 15 years, these achievements will now take center stage on the industry’s biggest awards night. ?? Plus, the program continues to honor industry legends with the Lifetime Achievement Hall of Fame. Know a team making an impact? Nominate them today: ?? bit.ly/42dGEhC #USIAInsAwards

?? Upcoming Webinar by Business Insurance | Insurance Broker M&A: What’s Next in 2025? Despite high interest rates and political uncertainty, the #insurance broker M&A market remained strong in 2024. Now, with elections behind us and a new administration in place, the #economic outlook appears positive. But what does this mean for M&A activity in 2025? Will optimism fuel more deals, or are storm clouds forming on the horizon? ??? Join us for our annual deep dive into the insurance brokerage M&A market, where we’ll cover: ?? Market trends & future expectations ?? Latest valuation multiples & deal structures ?? The most active buyers & evolving landscape ?? Key factors driving valuations in a sale Don't miss this essential discussion for industry leaders & decision-makers, register today ?? https://lnkd.in/gCqiM7p9

?? Globalisation vs. Multipolarity: The Evolving #Risk Landscape ?? Commercial Risk and media partner Asia Insurance Review While political rhetoric suggests a move away from globalisation, businesses are shifting towards a multipolar world—one where risks are more complex than ever. From trade wars and #socialinflation to #climaterisks and supply chain disruptions, the need for coordinated global insurance programmes has never been greater. The Global Programmes #Asia Conference will bring together industry leaders to tackle these pressing challenges, covering: ? Political and economic risks impacting corporate strategies ? Insurance market trends, from coverage to regulatory changes ? Climate risk resilience and innovative financing solutions ? The evolving role of captives and digitalisation in global programmes ?? Don't miss out—learn more and register: https://lnkd.in/gZqepuQs

? Hong Kong:Empowering migrant domestic workers with financial literacy ? ??? The 'Dare to Dream' programme offers comprehensive financial education and practical resources, empowering participants to pursue their financial aspirations with confidence." — David Broom, Sun Life Asia chief client and distribution officer. ?? "Sun Life Hong Kong plans to support migrant domestic workers in #HongKong with financial literacy. The insurer will donate HK$200,000 ($25,74025,74025740) to non-profit organisation Uplifters to provide financial literacy to #migrant domestic workers through online education and community support. The funding will contribute to support Uplifters' flagship 'Dare to Dream' programme, providing financial literacy education to approximately 1,000 migrant domestic workers per year in Hong Kong. This initiative comes in response to findings from Sun Life's latest survey,?'Women's Wealth: Building Confidence and Security', which revealed that 44% of mothers in #Asia experience stress from balancing the needs of their children and parents. For migrant domestic workers in Hong Kong, who often support families abroad, the financial and emotional burden is particularly significant..." ? How can financial literacy initiatives like 'Dare to Dream' help break cycles of financial insecurity for migrant domestic workers and their families? Read the full article at Asia Insurance Review : https://lnkd.in/gC8BpuC5

?? 9*** Days Left to Nominate The Global Insurance Excellence Awards (GIEA) honors the outstanding contributions of #insurance advisors who transform lives and strengthen communities. With nominations open across India, Pan-Asia, and MENA, now is the time to recognize those making a real impact. Don’t miss this opportunity—nominate a deserving advisor today! ?? Deadline: March 20th ?? https://lnkd.in/gDus-fqu Asia Insurance Review | Middle East Insurance Review

?? Nominations are now open! ?? Business Insurance is proud to launch the 20th annual Women to Watch Awards, recognizing outstanding women executives in #riskmanagement, #insurance, and related fields. Since 2006, they've honored 700+ women for their #leadership, expertise, and impact. ?? Honorees will be recognized at events in New York (November) and London (December). ?? Deadline for nominations: June 13 Help us celebrate the next generation of inspiring leaders! Nominate today: https://bit.ly/3DlhRhA #BI_WomentoWatch

??March editions are available for both Asia Insurance Review and Middle East Insurance Review. Their content includes topics such as life and general #insurance, #reinsurance, brokers, #riskmanagement, regulations, and much more. AIR: https://shorturl.at/oxR14 MEIR: https://shorturl.at/jlGIL

??The #insurance industry is evolving at an unprecedented pace, driven by digital disruption, emerging risks, and regulatory shifts. To stay ahead, brokers must embrace innovation, leverage #AI-powered solutions, and redefine client engagement. ?? Join Asia Insurance Review at the 13th Asia Insurance Brokers’ Summit 2025 in Jakarta (24-25 April) to explore key topics, including: ? Regulatory resilience & compliance ? Navigating new risks (climate, cyber, etc.) ? AI, digital disruption & embedded insurance ? Client-centric strategies for the future With expert panels, strategic discussions & high-impact networking, this is the must-attend event for #brokers, insurers & industry leaders. Secure your spot today: https://lnkd.in/gDgScDFf

??Ransomware activity in Q4 reaches highest level: Travelers?? ?? "Ransomware actors are shifting from opportunistic exploits to reliable, repeatable attack methods." — Travelers Cos. Inc. ?? "The fourth quarter of 2024 saw the highest level of #ransomware activity recorded in any single quarter to date, with a total of 1,663 known victims posted on leak sites, a 'significant' 32% increase from the third quarter, according to a report Thursday based on #intelligence research conducted by Travelers Cos. Inc. Fourth-quarter data continued to show a shift away from mass-scale vulnerability exploits and toward more 'repeatable' methods of identifying targets, making 2024 a year of 'scalability' for ransomware groups, the report said. For the full year, the number of ransomware attack victims posted on leak sites in 2024 reached 5,243, a 15% increase from the 4,548 incidents recorded in 2023, according to Travelers." ? As ransomware groups refine their tactics toward more repeatable attack methods, how can organizations proactively strengthen their cybersecurity posture to prevent becoming the next target? Read full article at Business Insurance: https://lnkd.in/gj5ghYE6

? #Australia: Trustee of country's largest superannuation fund penalised A$27m ? ?? "This penalty reflects the severity of the misconduct by Australia’s largest superannuation fund, which betrayed the trust of its members and did not act in their best financial interests." — Sarah Court, ASIC Deputy Chair ?? "The trustee of Australia's largest superannuation fund, AustralianSuper, will pay a A$27m ($17.1m) penalty after the #Australian federal court found that it failed to merge multiple member accounts. The court held this to be a breach of the fundamental duties and obligations AustralianSuper owed to its members, and that it was inexcusable for the trustee to not have had the processes and systems in place to ensure compliance. ... 'The failures should not have happened. The failures are serious and highly concerning.'" ? How can #superannuation funds ensure robust compliance systems to prevent similar breaches and protect their members' financial interests? Read the full article at Asia Insurance Review: https://lnkd.in/gyMQzWXE