Claims
Although passenger air flights have experienced a significant increase in fatalities – 913 deaths in 2005, compared to 347 in 2004 – insured losses will likely only increase a small amount, a recent report published by London-based Airclaims Ltd. notes. Western-built jets – which Airclaims reports transport approximately 90% of all air traffic – set […]
January 31, 2006
1 min read
Industry
WARP communication technology, designed to facilitate efficient and secure communication between brokers and companies, is proving as valuable in the Canadian marketplace as it is elsewhere, according to a special Applied Systems ‘WARP Forum’ held in Toronto. The January 2006 forum attracted more than 80 delegates, representing more than 26 insurance carriers, who heard from […]
2 min read
Operation Red Nose successfully delivered about 6,575 individuals to the safety of their own homes this holiday season. York Region Police Chief Armand La Barge, president of the Ontario Association of Chiefs of Police, congratulated Canada’s home, car and business insurers and Ontario Safety League for their sponsorship of the volunteer designated-driver service. Operation Red […]
5 min read
Echelon General Insurance Company, a wholly-owned subsidiary of EGI Financial Holdings Inc. (TSX: EFH), entered the Ontario motorcycle insurance market with a $5-million brokerage agreement with Riders Plus Insurance. Riders Plus, the Ontario-based motorcycle insurance brokerage, will place $5 million of motorcycle insurance premiums with Echelon in the first 12 months following the Jan. 15, […]
Risk
The storm season of 2006 will likely not result in a hard market along all product lines as would normally be expected after major catastrophe losses, according to a January 2006 Guy Carpenter & Company report entitled ‘U.S. Reinsurance Renewals.’ “On an industry-wide basis, it’s fair to say that the catastrophes of 2005 were an […]
Benfield Corporate Risk, a corporate insurance and risk intermediary, has recently opened a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Cutfield has more than 25 years of experience in the insurance market and was formerly managing partner of Jones Brown Inc. At Jones Brown, […]
Andr Simard is the new national vice-president of sales, group and business insurance at Desjardins Financial Security Group. The appointment is a major step toward implementing a new national structure for this business line, according to senior vice president Alain Thauvette. “Simard’s expanded responsibilities encompass all sales operations and customer service,” Thauvette said. “His mandate […]
The CSIO Portal dream is over. What's Next?
By Craig Harris | January 31, 2006
12 min read
Glenn McGillivray brings his communications experience to ICLR
By David Gambrill | January 31, 2006
6 min read
Increased scrutiny leads to cat model sophistication
10 min read
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