Risk
The Ontario government has proposed changing provincial building and fire codes to mandate the installation of fire suppression sprinklers in retirement homes and other institutions housing vulnerable individuals. At least one insurer has voiced its strong support of the draft changes.
By Greg Meckbach, Associate Editor | February 28, 2013
5 min read
High-publicity concussion lawsuits in professional leagues such as the National Football League (NFL) are shining a spotlight on liability and injury prevention practices. In Canada, the focus for many sports organizations has sharpened on risk management.
By Craig Harris, Freelance Writer | February 28, 2013
8 min read
A model may be a standard or example for imitation or comparison – although when it comes to preparing for natural catastrophes, it sometimes feels more akin to a hope and a prayer. But even hopes and prayers can be based on solid information that provides the best chance of weathering whatever storm happens along. […]
By Angela Stelmakowich, Editor | February 28, 2013
3 min read
Dan Heaman and Steve Matterson, co-chairs of the Risk and Insurance Management Society (RIMS) Canada conference in 2013, plan to incorporate a nautical theme and welcome everyone to join the discovery.
It is a brave new world and, as such, now time to start using analytics to make sense of telematics. By weeding out unimportant variables to identify important relationships, analytics can assist companies to quickly develop, test and use the best modelling techniques to create new auto insurance pricing models.
By Stuart Rose, Global Insurance Marketing Director, SAS | February 28, 2013
REGULATION NDP presses Ontario to lower auto rates The Ontario New Democrats continue to press the ruling Liberals to commit to cutting auto insurance premiums. In December, NDP leader Andrea Horwath said in the provincial legislature that she wants the Liberal budget for 2013-2014 to include measures to reduce premiums. In February, Horwath proposed that […]
February 28, 2013
4 min read
1 Marsh is creating a single global risk management (RM) practice group by bringing together G5, the company’s largest account platform, its multinational practice and its existing RM operations. The move is meant to enhance focus on meeting the evolving needs of the company’s largest clients worldwide. Tim Gardner [1], previously global sales leader for […]
Amidst all the hype around "big data," insurers and brokers are discovering tangible applications for unstructured information in areas like marketing, risk assessment, underwriting, loss mitigation and claims management. As data creation becomes faster, wider and more voluminous in the digital age, some industry pioneers are experimenting with ways to glean insight and translate that into real-life business strategies.
By Craig Harris | January 31, 2013
11 min read
With the marked increase in the volume of sensitive data that insurance companies are now handling, it is essential to have clients' data housed in a secure environment. Third-party certifications are key when choosing what data centre should be used.
By Laura Stevenson, Director of Product Management, BLACKIRON Data | January 31, 2013
6 min read
The population is aging, fuelling the debate over the reliability of senior motorists. The situation has revealed looming challenges that North American auto insurers need to address with regard to underwriting, rating and claims management of drivers who have pre-existing cognitive impairments.
By Scott Knight and Konstantine Zakzanis | January 31, 2013
7 min read
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