Risk
A seasoned broker who maintains good relationships with current and former clients notices that she is losing business to another producer. Upon investigation, she discovers the advice being provided by the other broker may be putting clients at risk. What's an ethical broker to do?
By The CIP Society - Insurance Institute of Canada | March 31, 2013
7 min read
Technology offers potential solutions for property and casualty insurers looking for ways to build profitable growth. But technology also presents challenges, making it critically important that companies pursue the right investments in claims systems and organizations.
By Michael Costonis and Darren Nippard | March 31, 2013
6 min read
Ross Totten may have announced his retirement (from the Totten Group), but seems not to be slowing down. His next role as consultant will allow him to tackle whatever venture strikes his fancy.
By Angela Stelmakowich, Editor | March 31, 2013
5 min read
1 Scott Tannas [1], founder, president and CEO of Western Financial Group, has been appointed to the Senate, filling the vacancy left by Bert Brown, who is retiring. Tannas’s “strong business background and deep knowledge of Alberta are sure to benefit the Senate,” Prime Minister Stephen Harper says in a statement. Western Financial Group reports […]
March 31, 2013
REGULATION Ontario Liberals support NDP motion for gradual reduction in auto rate The Liberal minority government has backed a New Democratic Party motion to reduce auto insurance rates by 15%, Premier Kathleen Wynne said in March, while reiterating her party remains focused on anti-fraud reforms. The motion by Jagmeet Singh, NDP consumer affairs critic, called […]
Understanding international business practices and regulatory protocols are critical drivers for client and broker success on the global stage. To effectively manage this added cross-border risk, brokers need a firm grasp of both the risks associated with their clients' industries and the legal requirements in which they operate.
By Gary Hirst | March 31, 2013
4 min read
Location, location, location. The oft-repeated objective when purchasing real estate becomes critically important when the goal is to determine how location history can influence future risk. Understanding risk from proximity to peril is essential.
By John Fisher | March 31, 2013
Many events can cause business interruption, although natural catastrophes are the most obvious culprits. Whether close to home, across the country or around the world, these events can interrupt - even break - supply chains that allow businesses to run. To stop green light from turning to red, risk management at the front end and perhaps contingent business interruption at the back end is well-advised.
By Angela Stelmakowich, Editor | February 28, 2013
13 min read
Canada's intellectual property-rich business landscape is creating opportunity for niche coverage. Once sought mostly by companies in high-tech sectors, there is growing awareness of the value of IP to business, including among companies with lower-risk profiles.
By Erik Alsegard | February 28, 2013
Canada is one of the few developed countries exposed to many different severe natural hazard risks, ranging from avalanche to freeze, drought, flood, tornado, wildfire and earthquake. The country has been relatively quiet over the last decade, but does that mean Canada has simply been lucky?
By Andrew Castaldi, Head, Catastrophe Perils, Americas, Swiss Re | February 28, 2013
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