Industry
Brokers are now able to upload customer and property information directly into SaversCL, ING Insurance’s broker application, to request a quote using Keal Technology’s commercial management system comXP. Using Centre for Study of Insurance Operations (CSIO) XML standards, Phase 1 of the data integration project announced earlier this year has been initiated, according to a […]
By Canadian Underwriter | July 4, 2008
1 min read
Were it not for the United States, Canada would rank dead last among G8 countries when it comes to moving towards a low-carbon economy, according to a scorecard developed on behalf of Allianz SE and WWF International.Allianz and WWF recently released online the results of their ‘G8 Climate Scorecards.’ Canada ranked seventh out of the […]
By Canadian Underwriter | July 3, 2008
2 min read
Kathleen Davies has been appointed national account executive with Crawford & Company (Canada). She brings more than 10 years of sales experience to Crawford. Reporting to Gary Gardner, vice president, sales and marketing, Davies will specialize in enhancing Crawford’s sales initiatives with Crawford Healthcare Management Services.”Through her work experience and her volunteer commitments with WICC […]
The Financial Services Commission of Ontario (FSCO) intends to get the Health Claims for Auto Insurance (HCAI) electronic data-exchange system back on the rails in 2008.FSCO posted its 2008 priorities on its Web site recently, and the resumption of the currently suspended HCAI system is among them.HCAI allows for the electronic exchange of health claim […]
By Canadian Underwriter | July 2, 2008
Anthony Clark International Insurance Brokers Ltd. (ACLTSX Venture) has closed secured debt financing arrangements with ING Insurance Company of Canada, in which ING has agreed to provide a Cdn$4.5-million loan facility to Anthony Clark Insurance Brokers Ltd.”The facility will be available to finance the potential future Canadian expansion projects and purchases of Canadian insurance brokerages,” […]
By Canadian Underwriter | July 1, 2008
Any proposed international accounting standard should be field-tested before it is applied to help make sure the standard appropriately reflects the way affected companies manage and run their businesses, The Group of North American Insurance Enterprises (GNAIE) recently told the International Accounting Standards Committee Foundation (IASCF).IASCF is the oversight body of the International Accounting Standards […]
Call centres allow insurers and brokers to sell their products more efficiently and economically, but serious issues relate to the quality and consistency of their service.
By David Gambrill, Editor | June 30, 2008
3 min read
As Reno Daigle prepares to take the reins of the CIAA, he stresses the importance of continuing education and training to adapt to the everchanging demands of the profession.
By Vanessa Mariga, Associate Editor | June 30, 2008
5 min read
The reinsurance industry needs to carefully consider emerging pricing disparities, as loss severity trends continue to escalate
By G. S. (Steve) Smith President And CEO, Farm Mutual Reinsurance Plan Inc. | June 30, 2008
6 min read
IBC RECOMMENDS 36.9% INCREASE FOR AUTO PREMIUM GRID RATES IN ALBERTA The Insurance Bureau of Canada (IBC) is recommending a 36.9% rate increase for auto insurance in Alberta, to be applied only to the province’s grid rates. The suggested rate hike is to compensate for the court’s recent elimination of the province’s Cdn$4,000 cap on […]
June 30, 2008
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