Risk
Bev Duthoit and Valerie Barber, co-chairs of the 2014 RIMS Canada Conference, say a changing risk landscape is now simply a business reality.
By Angela Stelmakowich, Editor | February 28, 2014
5 min read
Understanding and managing operational risks will be key to success in 2014, suggests a new outlook from Aon Risk Solutions. Organizations are advised to test the strength of their existing programs and develop risk management practices to lower their total cost of risk.
By Rohan Dixon, Chief Broking Officer, Aon Risk Solutions | February 28, 2014
6 min read
For property and casualty insurers today, "risk" is a lot more than a four-letter word. By leveraging technology and focusing on the customer, and understanding of new and emerging risks can serve as a means for insurers to position themselves for growth going forward.
By Doug McPhie, Partner & Canadian Insurance Leader, EY | February 28, 2014
1 Gore Mutual Insurance Company of Cambridge, Ontario recently announced its president and chief executive officer, Kevin McNeil [1a], will retire June 30. Effective February 17, Heidi Sevcik [1b], former vice president of claims, became Gore Mutual’s new chief operating officer, reporting to McNeil. Sevcik will take on duties as president and CEO July 1. […]
February 28, 2014
4 min read
James Cameron, honoured last fall with the Established Leader Award from The CIP Society, knows full well the value of giving back to one's industry, one's business and one's self.
By Angela Stelmakowich, Editor | January 31, 2014
Auto insurance, severe weather, profitability and interest rates were among the topics discussed at CW Consulting's Crystal Ball in January. Among other issues, industry executives explained why the data gleaned from their telematics devices identify them as bad drivers.
By Greg Meckbach, Associate Editor | January 31, 2014
Commercial brokers waste time and create needless aggravation if they have to leave their own commercial management system and then log in separately to a carrier's system in order to look up a client's policy wording. With real-time wording lookup, brokers store portal credentials, save time and cut the risk of referring to an out-of-date policy wording.
By Kevin Campbell, President, Policy Works Inc. | January 31, 2014
Telematics is generating plenty of buzz, but it has yet to be seen whether the technology will simply be an expensive discounting tool.
By Karl Greenlaw, Founder and CEO, Brovada Technologies | January 31, 2014
Some insurers are drowning in a sea of data, but by presenting the information in a pictorial or graphical format, professionals can make quick decisions to reduce costs, detect fraud and make better decisions on pricing.
By Stuart Rose, Global Insurance Marketing Director, SAS | January 31, 2014
For property and casualty underwriters, there is probably no line of coverage as badly in need of automation as private passenger auto. Tracking how insured vehicles are actually being used – and detecting high-risk behaviour on the part of policyholders – is critical if insurers want to price according to actual risk. This type of […]
3 min read
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