In the News:
Ironwood Insurance Services is pleased to announce the addition of its newest Property & Casualty Insurance and Risk Management Client Executive, Sean Mitchell.
Ironwood builds upon its industry- leading Private Equity Practice with the addition of Rick Frederick as a new Senior Vice President. Rick’s experience enhances the practice’s service offerings with unique Energy and Power Generation expertise.
Effective 1 November 2015, standard rate of the UK’s Insurance Premium Tax will increase to 9.5% from 6.0% on new and renewal insurance policies. The higher rate of tax remains at 20%.
Ironwood Insurance Services is an Atlanta-based brokerage firm specializing in serving businesses in the areas of risk management, property and casualty insurance, employee benefits and custom HR solutions. Committed to offering nationally competitive resources with a strong local service team, the firm has grown significantly since its founding in 2007.
It is with great pleasure that Ironwood announces Judy Podratsky, CRIS, has joined the firm as Account Executive. Judy brings extensive expertise in property & casualty placement, client and company relationships and account management with an emphasis on wholesale, manufacturing, real estate and construction risks. She gained her brokerage experience in Atlanta while employed with Sterling Risk Advisors and most recently, Willis Insurance Services of Georgia.
Jim brings twenty-nine years of industry experience to the Atlanta-based commercial insurance and employee benefits consulting firm.
Effective January 1, 2015 new reporting rules take effect for severe injury and illness under OSHA. Under the new rules, all workplace fatalities must be reported to OSHA within 8 hours of the accident and all work related hospitalizations, amputations and loss of an eye within 24 hours. The previous requirements only required reporting when there was a fatality or three or more workers were hospitalized in the same incident.
Winter is here and it is time to dust off and update your contingency plans in the event of cold and inclement weather. Severe weather is not limited to Northern cities as was proven last year with several events occurring in the Southeast and Midwest. With some preplanning and by utilizing a simple checklist, you can minimize the impact of bad and threatening weather conditions. Ironwood is available to answer any questions you may have concerning preplanning or additional risk resources.
Worldwide Broker Network™ today announced that Ironwood Insurance Services has become the 98th partner firm in the WBN Network of independent insurance brokers and employee benefits consultants. WBN has members in 101 countries on 6 continents, as well as 8 Associate Member firms providing a wide range of related services.
There has been an increase in claims activity involving email hacking. These situations involve either: A third party hacks into your email/system posing as one of your regular vendors with instructions to send future payments to a new bank account; or A third party hacks into your vendor’s computer and forwards updated banking instructions to be used for future payments or forwards what appears to be an actual invoice including updated banking instructions.