Industry
Insurance Bureau of Canada (IBC) is calling on Canadian governments to review critical infrastructure to ensure the country is better able to deal with severe weather events in the future. IBC president and CEO Mark Yakabuski has called on all governments to work together to: • reinforce/improve infrastructure; • strengthen building codes and build in […]
January 31, 2008
1 min read
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Paul Kovacs, the executive director of the Toronto-based Institute for Catastrophic Loss Reduction, woke up one morning to find out the Intergovernmental Panel on Climate Change (of which he is a member) shared a Nobel Peace Prize alongside Al Gore for producing and promoting climate change research
By Vanessa Mariga | January 31, 2008
6 min read
Risk
Canada's insurers are experiencing a flood of water damage claims, thanks to a variety of factors. At the same time, they might be on the verge of re-thinking the absence of coverage
By David Gambrill | January 31, 2008
10 min read
Web portals have simplified brokers' lives when it comes to communicating data to carriers. But have they minimized the chances of making errors during the data-entry phase? More importantly, have they over-commoditized the product, separating the client from the broker's advice?
By Brenda Rose, Vice President, Firstbrook, Cassie & Anderson Limited | January 31, 2008
7 min read
Keal Technology and Applied Systems forge a deal designed to help the industry as a whole, giving brokers the power to communicate data to multiple carriers
Underwriting does not simply equate to policy administration, and so it's not safe to assume that systems supporting underwriting activity are the same as those that support policy administration
By Glen Piller, President And CEO, Iter8 Incorporated | January 31, 2008
Opinion/Analysis: They might be boring, they might not be sexy, but XML standards for data communication might just transform the way brokers do business with insurance carriers
By Steve Kaukinen, President, Centre For The Study Of Insurance Operations (CSIO) | January 31, 2008
4 min read
Commercial brokers' data communications with carriers are poised to reach the next level: a two-way data exchange -- that is, both uploading and downloading capability -- between commercial brokers and carriers
By Kevin Campbell, President, Policy Works Inc. | January 31, 2008
Now that online quoting is a reality, the next phase in the development of broker technology is to give brokers the ability to generate new contacts through online business
By Maxime Poulin, Sales Representative, Trainer, Compu-Quote Inc. | January 31, 2008
5 min read
Independent adjusters are wondering if there is a way for them to sign on to Ontario's new Health Claims for Auto Insurance (HCAI) system without requiring multiple sign-ons
By Laura Kupcis | January 31, 2008
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