Risk
Toronto is playing host to the Pan Am Games and the Parapan Am Games this summer. But what if something happened - a flood, a civil protest, a transportation shutdown? What could it mean for reinsurers and insurers if the Games are interrupted?
By Andrew Duxbury, Underwriting Manager, Munich Re|Andrew Duxbury, Underwriting Manager, Munich Re | July 2, 2015
7 min read
Albert Poon, president of the Canadian Independent Adjusters' Association, says adjusters understand the importance of putting customers first.
By Angela Stelmakowich, Editor|Angela Stelmakowich, Editor | July 2, 2015
5 min read
The reinsurance industry is under a lot of pressure, be it from the seemingly relentless influx of insurance-linked securities (ILS), consolidations or the relatively benign catastophe environment. But are the changing conditions necessarily a bad thing? Or just a bad thing right now? Can reinsurers’ expertise and relationships – built on a solid understanding of […]
By Angela Stelmakowich, Editor |Angela Stelmakowich, Editor | July 2, 2015
3 min read
1 With the amalgamation of the global Crawford Specialty markets group and the Global Technical Services (GTS) unit, Paul Hancock [1] will head the merged division in Canada, reports Crawford & Company (Canada) Inc. The GTS unit “has expanded its service offerings to incorporate cyber risk, forensic accounting and environmental services, aviation and energy, and […]
July 2, 2015
4 min read
If one is in the Canadian property and casualty insurance industry, it seems there is no getting away from talk of flood – or cyber. And while some encouraging, concrete developments are unfolding with regard to the former – insurers starting to offer “overland” flood cover and modelling improvements – progress on the latter seems […]
By Angela Stelmakowich, Editor|Angela Stelmakowich, Editor | May 31, 2015
Telematics is revving up. Fuelled by the promise of securing consumer loyalty and gaining competitive advantage, offerings from traditional and non-traditional players in the property and casualty space are meant to help position companies for the future. But will current regulatory restrictions serve to stall out the possibilities?
By Angela Stelmakowich, Editor|Angela Stelmakowich, Editor | April 30, 2015
14 min read
There is no getting around it: claims adjusters will encounter difficult and demanding claimants. But when a claimant grows unreasonable and combative, demanding too much, what is the best course of action for an adjuster wanting to advance a truly fair settlement and meet fiduciary duties to his or her employer?
By The CIP Society - Insurance Institute of Canada|The CIP Society - Insurance Institute of Canada | April 30, 2015
A new report by the Insurance Institute of Canada takes a broad look at cyber risk and suggests how Canadian property and casualty insurance organizations can bolster their own cyber security and protect themselves in cyberspace.
By Peter Hohman, President and Chief Executive Officer, Insurance Institute of Canada|Peter Hohman, President and Chief Executive Officer, Insurance Institute of Canada | April 30, 2015
6 min read
Technology offers great promise, but the reliance that people now have on their phones has had the unfortunate effect of contributing to distracted driving, now a leading cause of vehicle collisions.
By Ted Hellard, Founder, AppColony; and Paul Mlodzik, Vice President, Marketing and Communications, The Co-operators|Ted Hellard, Founder, AppColony; and Paul Mlodzik, Vice President, Marketing and Communications, The Co-operators | April 30, 2015
Telematics could offer an opportunity to identify customer-specific insurance needs and provide advice, which, it is hoped, could build loyalty that will be there as additional offerings and services unfold.
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