Bruce Bentley

  COVAX is designed to expedite the development and manufacture of COVID-19 vaccines and to ensure their fair and equitable distribution in all countries of the world. The Chubb-Marsh collaboration will provide up to $ 150 million in insurance to the COVAX No-Fault Compensation program to cover compensation for eligible individuals in the 92 lower-income countries and economies collectively known as Gavi COVAX Advance Market Commitment (Gavi COVAX Advance Market Commitment). AMC) eligible economies. Insurance broker Marsh directed the worldwide placement of the cover. Chubb is the main insurer, backed by 10 other insurers in the US, UK, Germany, Ireland, Switzerland and Bermuda. The delivery of COVID-19 vaccines in 2021 will be the largest and fastest proliferation of novel vaccines in the world in history. COVAX aims to deliver up to two billion doses by the end of the year, including up to 1.7 billion doses to the 92 AMC-eligible countries and economies. "Chubb is excited t...

The British Columbia Insurance Company (ICBC) will start its extended car insurance program for maintenance, known as "Fully Comprehensive" insurance, starting May 1st. The new insurance program can save drivers up to $ 400 a year, ICBC said, as the program aims to address the problem of costly litigation. "A big part of the savings in the new system is that we won't be spending hundreds of millions of dollars on litigation," said Nicholas Jimenez, President and CEO of ICBC. The injured party in an accident also loses their right to file a claim for damages and loss of wages under the new system through no fault of their own. At the same time, the liable party can receive the same coverage and benefits as the other party. Some industry experts are not particular...