Industry
Ontario's auto reforms will be missing several crucial details when they are implemented on Sept. 1, 2010. Without knowing these details, insurers will be gambling that their initial pricing of the new product will be correct.
By David Gambrill | April 30, 2010
12 min read
Home
Traditional claims transformations have focused on the physical damage side of auto claims. But opportunities exist to transform the management of accident benefits (AB) and bodily injury (BI) claims.
By Allan Buitendag & Jeff Anderson | April 30, 2010
5 min read
Risk
Underwriting terrorism insurance is a challenging task, since the likelihood of terrorist attacks is difficult to predict and the potential liability is enormous.
By Marc Sand | April 30, 2010
Companies improving their data management processes might find a correlated improvement in their risk modeling.
By Wesley Gill | April 30, 2010
B.C.'s insurance regulator believes OSFI's amendments to Part XIII reduce regulatory transparency and increase risk. And so whereas the CCIR issued a voluntary consent and undertaking to deal with any potential uncertainty, B.C. decided to legislate protection.
By Vanessa Mariga, Associate Editor | April 30, 2010
4 min read
B.C. has called on the province's public insurer to transfer more than $777 million of its money into the public coffers, begging the question: Government 'cash grab,' or maintaining the integrity of the private auto insurance market?
By David Gambrill, Editor | April 30, 2010
Special thanks to Mona Gobran for her contribution to the article.; The rules around loss transfer appear to be straightforward enough, but court and arbitration decisions in Ontario have added a few new wrinkles to its application.
By J. Claude Blouin | April 30, 2010
1 Axis Reinsurance Company has announced two appointments to its Canadian branch. Rohit Trivedi [1a] has been appointed vice president, Canadian Claims. He joins Axis from Munich Re Group, where he established and led the claims department for Munich Re’s primary arm, Temple Insurance. Vangie Artes [1b] accepted the role of assistant vice president of […]
April 30, 2010
More than 150 industry representatives, a record turnout, attended the 51st Annual Reception of the Quarter Century Club held Mar. 31 at the Hilton International in Toronto. The event was a roast for claims industry veteran Malcolm “Mac” Ross, senior vice president with ClaimsPro (an SCM Insurance Services company). After 42 years of working in […]
1 min read
The Honourable Order of the Blue Goose International, Ontario Pond held its 10th Annual Scotch Nosing at the Rosewater Room in Toronto on Apr. 8. More than 150 guests attended the sold-out event. They were treated to a four-course meal and some of Scotland’s rarest, ‘special-edition’ single malts. Ed Patrick, one of Scotland’s finest international […]
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