Business Insurance presented the second annual U.S. Insurance Awards on March 21 in New York, and more than 450 people gathered to celebrate the achievements of outstanding insurance and risk management professionals.

Martin P. Hughes, executive chairman of Hub International Inc., received the Crain Lifetime Achievement Award and was inducted into the Business Insurance Hall of Fame, which includes the 2017 and 2018 honorees, Patrick G. Ryan, chairman and CEO of Ryan Specialty Group LLC, and Maurice R. Greenberg, chairman and CEO of C.V. Starr & Co. Inc., respectively.

The award recognizes individuals who have made outstanding contributions to the risk management and insurance sector (see profile).

In addition, teams of professionals from across the industry were honored for specific projects they had collaborated on in the field of commercial insurance.

Finalists in 15 categories were selected by Business Insurance staff from more than 180 nominations.

The winners were selected by a panel of more than 60 risk managers who independently assessed each of the finalists.

The awards were created to help address the insurance industry’s talent crisis by raising money to fund the Business Insurance Scholarship, which is administered by The Institutes Griffith Insurance Education Foundation and supports students at universities without risk management degree programs, including historically black colleges and universities.

Links to profiles of the USIA winners are below.

Gavin Souter, editor



THE WINNERS

Broker Team of the Year

(firms with less than $500 million in revenue)

Higginbotham Insurance Group Inc.

Broker Team of the Year

(firms with more than $500 million in revenue)

Marsh LLC Cyber CAT 3.0

Community Outreach Project of the Year

(donations)

BMS Re, a unit of BMS Group Ltd.

Community Outreach Project of the Year

(pro bono and volunteer)

CNA Financial Corp.

Diversity & Inclusion Initiative of the Year

Marsh LLC

Insurance Consulting Team of the Year

Willis Towers Watson PLC

Insurance Underwriting Team of the Year

(all property/casualty)

Starr Insurance Cos.

Insurance Underwriting Team of the Year

(management liability/professional liability/cyber liability)

American International Group Inc.

Insurtech Initiative of the Year

(underwriting and insurance platforms)

Ernst & Young LLP

Insurtech Team of the Year

(analytics, compliance, other risk management applications)

CyberCube Analytics Inc.

Legal Team of the Year

Anderson Kill P.C.

Managed Care Provider Team of the Year

Zurich Insurance Group Ltd.

Risk Management Team of the Year

Gilbane Building Co. in partnership with Travelers Cos. Inc.

TPA Team of the Year

Helmsman Management Services LLC, a unit of Liberty Mutual Insurance Co.

Wholesale Brokerage Team of the Year

AmWINS Group Inc.