Risk
This spring's deadly collapse of the Rana Plaza in Bangladesh, claiming the lives of more than 1,100 people, has served as a wake-up call. Companies and their insurers are now taking a renewed look at how to protect against the risks of operating complex global supply chains and how to insure against those risks.
By Tracy Knippenburg Gillis, Global Reputational Risk and Crisis Management Practice Leader, Marsh Ris | July 31, 2013
6 min read
Why should the equipment breakdown insurance industry care about 3D printing? Despite being around for decades, 3D printing is now becoming commonplace in manufacturing. And with every new product made comes not only benefits, but also the need to adapt to new and different circumstances.
By Tim Woods, Assistant Vice President, Engineering and Risk Management, Aviva Canada | July 31, 2013
4 min read
Stated intentions and actual changes have been swift after a runaway train brought parts of a small Quebec community to complete ruin in early July. The shock delivered by the Lac-Mégantic derailment was just starting to round into hope for recovery when the first lawsuits were filed. These are perhaps a good thing if they […]
By Angela Stelmakowich, Editor | July 31, 2013
3 min read
John Phelps, president and a director of Risk and Insurance Management Society Inc. (RIMS), wants his organization to focus on adding more international chapters and on encouraging more young professionals to enter the field.
By Greg Meckbach, Associate Editor | July 31, 2013
5 min read
Cyber risks are here - and growing. As technologies become more ubiquitous, cyber risks and the need to protect against these have become increasingly important regardless of an organization's size, sector or specific offerings.
By Nils Diekmann, Underwriter, Special Enterprise Risks, Corporate Insurance Partner, Munich Re | July 31, 2013
Canada has had plenty to witness in the way of severe weather events in recent years and months. However, the jury is still out regarding whether or not businesses and insurers here are, in fact, prepared to deal with what seems to be increased nat cat risk.
By Rohan Dixon and Al Tobin, Aon Risk Solutions | July 31, 2013
The officers, directors and employees of Canadian companies in the extractive industries are increasingly a target as kidnapping and ransom grow as a criminal enterprise. Among the factors contributing to this trend are increased global demand for resources, and the resulting bonanza of new business opportunities for Canada.
By Lalita Mohabir, Senior Personal Accident Underwriter, Burns & Wilcox Canada | July 31, 2013
There is no escaping talk of telematics these days and what that may mean for automobile insurance. But will telematics put an end to age and gender discrimination?
By Willie Handler Consultant, Willie Handler and Associates | July 31, 2013
Will the insurance industry be ready to effectively respond to the rise of social media, big data and other megatrends? Results of a recent global survey from Towers Watson indicate that while new challenges are emerging, the insurance industry is lagging behind.
July 31, 2013
1 RSA Canada announced in July that Julie Pingree [1] is the property and casualty insurer’s new vice president of commercial insurance. Pingree’s mandate will be to grow RSA’s small to medium commercial book profitably, while enhancing the company’s broker service model and evolving ePolicy, its electronic trading platform, notes a statement from RSA. Starting […]
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