Claims
The risk profile of a company director is increasingly becoming synonymous with the risk profile of the entire company, according to Jordon Solway, general counsel and vice president at Munich Canada.Solway spoke at a D&O seminar sponsored by the Ontario chapter of the Association of Corporate Counsel (ACC) Canada. Held on Oct. 12, the seminar […]
By Canadian Underwriter | October 13, 2010
1 min read
Industry
A business continuity plan should be viewed as a guide holding key information, not as a procedural manual, said Paul Cleary, general manager at Horn IT Solutions.Cleary spoke as a panel member during the Risk and Insurance Management Society (RIMS) Ontario Chapter’s seminar on emergency management in Toronto on Oct. 13, 2010.”Communication and collaboration are […]
2 min read
Manitoba Public Insurance (MPI) is replacing its legacy system with Mitchell International Inc.’s eGlassClaim. eGlassClaim is a Web-based glass claims solution. It is designed to manage glass claims cost-effectively, by automating and streamlining the process from first notice of loss (FNOL) to payment, according to Mitchell. “Manitoba Public Insurance selected Mitchell’s eGlassClaim because we wanted […]
Differences between Canada’s regionalized auto insurance models appear to be partly responsible for stalling – if not killing – a movement for national accreditation of collision repairers.Larry Jeffries of CARSTAR Automotive Canada gave a presentation about the current lack of national accreditation programs, which would enable insurers to recognize and reward their repairers according to […]
By Canadian Underwriter | October 12, 2010
Keal Technology’s applications are now compliant with Apple mobile digital devices.Keal clients operating in the Application Service Provider (ASP) environment can now access all hosted applications on iPads, iPhones, and iPod Touches.These applications include:• sigXP, Broker Management System;• comXP Commercial Management System;• dokXP, Document Management System;• premiumXP, Premium Finance System;• lifeXP, Life Insurance Management System; […]
Marsh Canada Limited has teamed up with Readysmith Advisers Limited to launch a service for Canadian organizations in the development of business continuity programs.Through ReadyMarsh, Marsh will assist clients in performing specialized risk assessments and developing procedures for emergency response, crisis management, business continuity and information technology disaster recovery.ReadyMarshSM is designed for small and medium-sized […]
The Quebec collision repair market is experiencing too much capacity and too little work, according to a presentation made at the Canadian Collision Industry Forum (CCIF).The Quebec market has roughly 1,500 collision repair facilities with annual sales of $786 million, the CCIF reported in its Montreal Meeting Report.The average gross sales per facility are just […]
Paul Green has been appointed vice president of the CG&B Group.In his new role, Green will work with the company’s broker E&O division to develop and expand its business and at the same time explore opportunities for CG&B’s acquisition strategy.Green spent much of his career working for two large insurers, responsible for broker management, marketing […]
Insurers not wishing to be vulnerable to special awards in arbitration must be prepared to reassess new information contradicting reports upon which the denial of a claim is based.In Sanmuganathan Elaiathamby and State Farm Mutual Automobile Insurance Company, Ontario’s insurance regulator, the Financial Services Commission of Ontario (FSCO), overturned an arbitrator’s initial finding that a […]
Multi-year insurance contracts and financial incentives may be the key to getting firms to invest in loss prevention measures, said Howard Kunreuther, professor of decision sciences and public policy at the Wharton School, University of Pennsylvania.Kunreuther was a panel member on the Risk and Insurance Management Society’s webinar, ‘Flirting with Natural Disasters.’ The webinar, sponsored […]
By Canadian Underwriter | October 8, 2010
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