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Beacon’s focused media assets now provide readers and advertisers across the world unparalleled insight and unparalleled audience access in one of the fastest- growing segments of the financial services business.
(Greenwich CT, October 21th, 2020)…. Growing beyond better than 1 million page views per month, Beacon International Group, Ltd. continues to build one of the most influential insurance and risk media platforms in the world, with its recent acquisitions of four leading insurance and risk media brands in the risk financing, risk transfer and risk management sector.
Beacon, which publishes USA sector leader, Business Insurance (BI), has announced its acquisition of insurance media companies on three continents and in one niche sector of the insurance business, namely: Rubicon Media, Ltd, London based publisher of Commercial Risk (CR) serving primarily the UK, the EU, Asia, Africa and the Middle East; and INS Communications Pte, Ltd, Singapore based publisher of Asia Insurance Review (AIR) serving North-East Asia, South East Asia, South Asia and the Pacific and Middle East Insurance Review (MEIR) serving the Middle East and North Africa, and WorkCompCentral (WCC) based in Camarillo, California serving the US workers’ compensation insurance sector.
The newly acquired media complement Beacon’s award-winning, Business Insurance, in their respective markets, holding top regional readership among insurance, reinsurance and all related risk financing, risk transfer and risk management leaders and providers, according to Steve Acunto, founder and chairman of Beacon. Beacon properties also include the 131-year-old Insurance Advocate, cable television programming and other media. The group, headquartered in Greenwich, Connecticut, employs more than 120 professionals including journalists and business representatives on five continents and in 18 key cities. Combined, the Group will present more than 70 events per year and enjoy an insurance media record-breaking 1 million-plus page views per month, bringing well-curated, timely and niche-focused news and useful information in an increasingly vital platform in multiple markets, according to Mr. Acunto.
In addition, Beacon will announce programming on Discovery and other cable channels in 2021 featuring its innovative series: Back from the Brink, currently in production through the Company’s Measure Media subsidiary: Measure Media (see https://www.5speedentertainment.com/brink ) The programs will be dedicated in part to the critical, positive role insurers play in the rehabilitation of injured workers.
The new additions to Beacon’s media portfolio are:
Commercial Risk, founded ten years ago and led by Messrs. Stewart Brown, Adrian Ladbury, and Hugo Foster, provides an eminently desirable menu of offerings, notably its carefully edited and brightly presented informational and news content to a loyal, responsive audience, and its highly prized events, according to Mr. Acunto: “Closely affiliated with Business Insurance since its founding, Commercial Risk holds substantial geographic growth potential in the UK, EU, Asia, Africa, the Middle East and the US and excellent development possibilities in new areas in risk management, insurance and insurtech product development; CR’s synergies with Business Insurance are unmistakable,” he said, adding that CR’s relationships throughout the EU are a particularly valuable resource to readers and to advertisers.
Asia Insurance Review, now in its 30th year as the international market leader in Asia, is the number one insurance, reinsurance, risk management, risk transfer and risk financing media hub in that geographical business sector, serving the largest base of readers, users and attendees of any insurance publication. Sivam Subramaniam and Sheela Suppiah of Singapore lead a far ranging, dynamic team of forty professionals and scores of freelancers and marketing resources that give AIR and MEIR a stunning market penetration, according to Mr. Acunto. The group also holds the lead in Asia in the Life Insurance sector together with its leading role in property/casualty insurance and reinsurance, Mr. Acunto observed, adding: “Timely news delivery, highly useful information, the top insurance events in Asia and the expanding sets of resources provided to AIR’s audiences commended AIR and MEIR to us from the very first, presenting clear synergies with CR and BI and a shared, energetic approach to the business we cover. With AIR’s deep reach into the individual Asian markets, it continues to explore and cultivate risk management in this growing marketplace. AIR is the voice of the insurance industry of Asia domestically and globally with its reach spanning more than 18 markets from India and Pakistan in the west to Japan and China in the East and Australia & New Zealand in the South.
Middle East Insurance Review is the leading English language publication serving the entire Middle East and North Africa (MENA) region as a strategic information partner to those doing business there and eyeing the potentials in that market. We plan to bolster AIR’s resources and to consolidate strengths across all of our media to brighten the vitality and outlook of the risk centered business worldwide”
WorkCompCentral, based in Camarillo, California, presents daily updates and critical information for Workers’ Comp professionals across the United States and maintains both media and educational calendars that include cutting edge events, seminars and the best in accurate sector intelligence, especially in the regulatory, legal, and legislative areas, essential for the success of insurers, according to Mr. Acunto, who noted that WCC’s talented staff organized by the Company’s late founder, David DePaolo, maintains subscriber allegiance through the provision of analytical tools, workshops and a consistent flow of useful information: “We plan to expand WCC’s presence and to add a strong virtual, broadcast agenda covering all aspects of the WC enterprise and its related fields from our California, Texas and Florida offices,” he stated.
For further information, please write sa@businessinsurance.com.
FACT SHEET
About Commercial Risk:
Commercial Risk was created by Rubicon Media Ltd, a specialist B2B publishing and events company that provides essential information to corporate risk and insurance managers, as well as their risk transfer partners, via the Commercial Risk platform. The latest news and analysis is supported by the market leading publications Commercial Risk Europe, Commercial Risk Asia, Commercial Risk Africa and International Programme News produced in digital and print formats, and by a series of successful industry conferences and the European Risk Management Awards programme produced in co-operation with the Federation of European Risk Management Associations [FERMA].
About Asia Insurance Review:
Asia Insurance Review (AIR), launched in 1991 serves the information needs of insurance practitioners in Asia in particular and to serve as a bridge for those interested in Asia. AIR very quickly became the premier comprehensive professional regional insurance magazine, read by all the key decision makers and leaders in the insurance industry in Asia. As the voice of the insurance industry of Asia, it is more than a magazine and remains a strategic partner of the insurance industry globally being the official media partner of key insurance events like Asia Actuarial Conference (AAC); East Asian Insurance Congress (EAIC); Global Insurance Forum (GIF); Singapore International Reinsurance Conference (SIRC); and Pacific Insurance Conference (PIC) and the Asean Insurance Congress.
AIR remains the most trusted source of reliable up-to-date news and developments in the market with its high quality editorial content. With its Asia Insurance Industry Awards, and Trusted Life Agents Awards, AIR is in the forefront to recognize excellence and promote the industry’s move towards higher standards and greater professionalism.
About Middle East Insurance Review:
Middle East Insurance Review (MEIR) launched some 15 years ago, is the number one industry publication on the ground servicing Middle East and North Africa and the broader African markets. It is the official media of the major industry events in the MENA region – such as General Arab Insurance Federation (GAIF), and Federation of Afro- Asian Insurers and Reinsurers (FAIR); and supporting media of the African Insurance Organisation (AIO) conference. MEIR is the only magazine with a dedicated section on takaful, gaining a pole position as the trusted source of reliable and up-to-date news on both the conventional and takaful fronts. With the celebrated Middle East Insurance Industry Awards (MIIA), MEIR is at the center of excellence in these key markets.
About WorkCompCentral: Founded in 2004, WCC’s goal is to provide access to information, high quality education, and unique collaboration opportunities which empower individuals to make a difference in workers’ compensation – the vision of WorkCompCentral’s founder, David DePaolo. With a staff of 20 across the country, WCC is the home of the well known COMP LAUDE annual convention held in Long Beach California and is the provider of classes and working instruments and tools to this important segment of the insurance industry, to labor and to businesses of every type.
About Business Insurance:
Business Insurance, founded by Crain’s Communications in 1967, is the authoritative news and information source for risk managers and buyers of commercial insurance products and services. Award-winning Business Insurance editorial is read widely within the international insurance sector, cited by the US Treasury Department as a trusted source for information on the commercial insurance industry, and is used regularly by hundreds of thousands of leaders in the risk transfer, risk financing and risk management fields. Business Insurance and its seasoned journalists present market intelligence, legal analysis, regulatory information, executive moves and other content on multiple platforms, including daily online briefings and the monthly magazine, and expand its reach through national and international events, conferences, surveys, special reports, rankings and directories.
About Beacon International Group, Ltd.
Beacon International Group, Ltd. is a private company formed in 2019 to consolidate insurance and financial services media and resources into a new working formula that aims to provide the highest level of carefully edited, wisely and reliably curated intelligence to its subscribers, fulfilling the Company’s motto “Leadership for Leaders …since 1889”. This date refers to the birth of Beacon’s Insurance Advocate, believed to be the oldest continually published insurance medium in the United States, having been formed originally in 1853 as the Insurance Echo in Philadelphia before resetting roots and reopening in New York. Beacon produces television programming on a variety of topics.
