Industry
Marsh Inc. appointed Jay Sharma to the newly created role of multinational client service director.In this role, Sharma will work with specialists in more than 100 countries to deliver solutions and service to Marsh clients.He will initially focus on Marsh’s U.S. and Canada division and will lead initiatives to improve network management operations.He brings 18 […]
By Canadian Underwriter | August 30, 2010
1 min read
The Canadian Independent Adjusters’ Association (CIAA) has inaugurated Mary Charman as its president for the 2010-11 year.Charman assumed the role from outgoing president Patti Kernaghan during the CIAA’s 26th Annual Conference in Victoria on Aug. 28. Born in Sudbury, Ontario, Charman started working as an adjuster the very next business day after graduating from high […]
Manitoba Public Insurance (MPI) launched a Web application that enables glass repair facilities to register claims on behalf of customers.‘eGlassClaim’ interfaces with MPI’s claims systems and enables customers to initiate glass claims at the repair shop of their choosing. Under the old system, customers were required to report claims to MPI’s call centre first.Glass repair […]
By Canadian Underwriter | August 27, 2010
Customer satisfaction with auto insurers improved 26 points from 2009, despite the fact that a sizeable proportion of policyholders indicated experiencing premium increases, reports J.D. Power and Associates.In its third annual 2010 Canadian Auto Insurance Customer Satisfaction Study, J.D. Power measures auto policyholder experiences with their primary insurer. Customer satisfaction is measured across interaction, price/premium, […]
By Canadian Underwriter | August 26, 2010
Canadian federally regulated property and casualty (P&C) insurers more than doubled their Q2 net income in 2010 compared to the same period of 2009.However, the same cannot be said for their foreign counterparts, according to the Office of the Superintendent of Financial Institutions (OSFI).Canadian P&C insurers reported profits of $1.419 billion to OSFI in 2010 […]
2 min read
The 2011 Ford Fiesta sedan/hatchback has earned the Top Safety Pick award – the first minicar to earn the recognition since roof strength requirement for rollover protection was added to the criteria. The award from the Insurance Institute for Highway Safety applies to those built after July 2010. Ford recently made design changes to strengthen […]
By Canadian Underwriter | August 25, 2010
SGI provided $50,000 in funding to the RCMP to outfit two vehicles with Automatic License Plate Recognition (ALPR) systems. The ALPR equipment checks for unregistered or expired plates, stolen vehicles, and whether the vehicle owner was suspended or is wanted for another matter. It automatically scans license plates as the officer drives, enabling police to […]
The Risk and Insurance Management Society, Inc. redesigned its site to better represent its commitment to members and the risk management community. “The dramatically redesigned site, created by RIMS’ in-house Web team, represents RIMS’ commitment to the growing needs of its members and the risk management community as a whole,” a RIMS release says. The […]
The scarce supply, heightened demand and increasing age and cost of electrical transformers poses a catastrophic risk, warns Lloyd’s.Transformers are the links between the generation, distribution and transmission networks within an electrical grid. According to Lloyds.com, there are less than 100 built around the world each year. A recent surge in demand from emerging economies […]
By Canadian Underwriter | August 24, 2010
Sedgwick Claims Management Services, Inc. expanded its professional liability business to include an errors and omissions claims management product for professional service organizations. The E&O specialists manage risks, resolve claims, and administers settlements for professional service providers facing allegations of inaccuracy or oversight in the performance of their work. “Sedgwick CMS Professional Liability is the […]
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