Risk
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Canadian Insurance Accountants Association: Seminar & Luncheon. Contact the CIAA at 905-274-2422. Toronto Hilton Hotel, Toronto, ON. Mar. 10. […]
January 31, 1999
1 min read
Industry
The Professional Liability Underwriting Society (PLUS) recently held their international conference in Palm Springs, California, with over 2000 registrants in attendance. Founded in the U.S. in 1986 and having expanded into Canada in 1997, PLUS is a forum for individuals involved in the field of professional liability. Its mission mandate is to educate the industry […]
The Synchron initiative, once heralded as the industry’s ultimate electronic interface solution between companies and point of sale, collapsed last year. From its ashes have risen several alternative solutions, one of the most prominent being The Freedom Alliance, a strategic partnership between The Agency Manager, Compu-Quote and Cebra.However, other vendors and company-backed solutions are closing […]
By Lowell Conn | January 31, 1999
9 min read
At the time, it captivated Canadians across the country and even today is at the top of book best seller lists. The raw power of nature displayed by the ice storm which paralyzed south eastern Ontario, Quebec and parts of the northern U.S. in January last year continues to attract public attention. However, the experience […]
By Paul Kovacs, Executive Director, Institute for Catastrophic Loss | January 31, 1999
7 min read
Just over half a year has elapsed since the burial of Synchron. Since then, little appears to have been achieved in finding a replacement solution to the industry’s drive for a single interactive technology interface solution. Add to which, recent internal disagreements within the Centre for Study of Insurance Operations (CSIO) — the company-backed body […]
By Sean van Zyl, Editor | January 31, 1999
4 min read
Delphi Information Systems Inc., another supplier of broker management software, has released details of a new web browser-enabled policy management system. Located at www.ebix.com, ebix.com provides carriers and brokers with a data exchange system that allows brokers to send information in a real-time, e-mail-style fashion and allows the insurer to send notes regarding policy issuing […]
2 min read
U.S. insurers will feel the earnings pinch this year, with many companies forced to take on riskier investment exposures to bolster their bottom-lines, says Ernst & Young’s 1999 “State of the Insurance Industry” report. Other findings warn the U.S. property and casualty insurance industry of increased foreign competition and international mergers which will likely lead […]
Ontario’s auto insurance regulations under Bill 59, and the latest revisions under Bill 90, have created a unique legislative environment in the provincial governing of consumer insurance. So much so that several provincial insurance regulators have eyed the legislation as a potential basis for their own legal framework. However, while Bill 59 was intended to […]
By Linda Matthews, COO of Royal & SunAlliance | January 31, 1999
6 min read
Auto
Consistency and convenience have been earmarked as the key factors likely to satisfy the consumer of the future. The rapid advancements made on the technology front over recent decades are largely responsible for this shift in consumer expectations. To survive as a future service provider, companies, like insurers and their support service providers such as […]
By Matt Darrah, vice president of Enterprise Rent-A-Car, Toronto | January 31, 1999
3 min read
Bugs, big deals, bad spills and a certain public official’s sexual high crimes and misdemeanors were all key factors driving the corporate insurance market throughout 1998. And the same scary financial exposures will likely be very much in the minds of Canadian risk managers, their insurers and intermediaries for much of 1999, key industry players […]
By Shelley Boyes | January 31, 1999
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