Risk
Where will technology take commercial insurance over the next 10 years? The pervasiveness of apps has clearly changed expectations of software, but what will be the effect on the broker distribution channel?
By Steve Pieroway, Vice President Marketing & Client Service, Policy Works Inc. | January 31, 2013
4 min read
In the future, insurance clients will want to communicate with their brokers 24 hours a day, seven days a week. Meanwhile, real-time policy change will make existing workflow more efficient.
By Colin Simpson, President & CEO, Intrinsync | January 31, 2013
5 min read
As is often the case, it comes down to supply and demand. But sometimes supplying that demand is slowed – even stopped – by a single event or a tangle of interconnected ones that break vital supply chains, producing adverse and expensive ripple effects. Supply chain disruption should be a concern, and certainly is if […]
By Angela Stelmakowich, Editor | January 31, 2013
3 min read
1 Everest Insurance Company of Canada (EvCan) has appointed David Crozier to the position of CEO, effective January 21. Crozier was most recently senior vice president of operations for Economical Mutual Insurance Company, where he had oversight of all field operations, including claims, sales and distribution. He joined Economical in 2006 as vice president of […]
January 31, 2013
The importance of networking and building a solid support system is regularly touted as being important, but often not enough effort is put into developing, enriching and augmenting this key skill. In a people industry like insurance, that may put players at a disadvantage.
By Peter Morris, Vice President, Strategic Resource Consultants | December 31, 2012
6 min read
OPC issued what amounted to a "tsk-tsk" for an insurer's failure to emphasize transparency when giving information to policyholders.
By Angela Stelmakowich, Editor | December 31, 2012
Jo-Ann Eccleston, head of the Ontario chapter of the Canadian Insurance Claims Managers Association, sees the provincial arm as part of CICMA's larger effort: to help educate the next generation of claims managers.
By Greg Meckbach, Associate Editor | December 31, 2012
1 W. R. Berkley Corp. recently announced that Andrew Steen has been named president of Berkley Canada, effective January 7. Steen has more than 20 years of experience in the property and casualty insurance industry in Canada. Berkley Canada, based in Toronto, provides commercial lines, professional liability, surety and executive risk products to commercial enterprises […]
December 31, 2012
REGULATION OSFI seeks input on draft solvency guidelines The Office of the Superintendent of Financial Institutions (OSFI) is currently seeking stakeholder input on two proposed guidelines. On December 21, OSFI released its draft guideline for Own Risk and Solvency Assessments (ORSA) for federally regulated property and casualty, and life insurance firms, as well as proposed […]
Accurate underwriting and damage assessment for vehicles relies on having detailed vehicle identification. Absent this, collision repair can become more inefficient and expensive, as well as frustrating for customers.
By Vic Wiwchar, Director, Business Development, Audatex Canada | December 1, 2012
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