Risk
Opinion/Analysis; Nanotechnology, climate change and eroding urban infrastructures are top of mind for the country's insurers
By Robert Landry, Immediate Past President And CEO, Zurich North America Canada | February 29, 2008
4 min read
By expanding the role of the captive to that of the “risk house,” and establishing one focus for all risks, a captive would allow for a more integrated and effective management of risk As corporations continue to grow through mergers and acquisitions and increased investment in new markets, risk management practices and discipline are also […]
By Paul Barlow, Manager Insurance & Claims, South Coast British Columbia Transportation Authority (Tran | February 29, 2008
7 min read
After seven devastating hurricanes spun into the United States between 2004 and 2005, there appeared to be widespread surprise at the significant discrepancies between actual and modelled losses. The first reaction was to condemn the models. But when companies compared the data they had entered into the models with what they had actually been insuring, […]
By Matthew Grant, Chief Markets Officer, Risk Management Solutions | February 29, 2008
Companies that recognize and plan for risks can maximize business opportunities in China
By Stephen Charnley, Managing Director, Asia Client Services, Marsh Canada Limited | February 29, 2008
9 min read
A comprehensive risk analysis at the start of an insurance purchase will make the risk manager a driver in the process, not a passenger
By Cees Van Der Slikke, Executive Vice President, Managing Partner, Willis Energy Calgary | February 29, 2008
5 min read
Keal Technology and PowerSoft jointly confirmed the completion of an integration project announced at the end of 2007. The integration partnership allows Keal’s clients using sigXP, a broker management system (BMS) for personal lines, to integrate with PowerSoft’s rating tool, PowerQuote, for personal lines insurance rating, quoting and prospecting. “Integrating sigXP and PowerQuote provides our […]
February 29, 2008
Insurance Bureau of Canada (IBC) has reiterated its long-standing call to the government of Newfoundland and Labrador to remove taxes on insurance premiums. “The people of Newfoundland and Labrador have the highest insurance tax burden in the G8,” Don Forgeron, IBC vice-president, Atlantic region, said in a release. “For every dollar of home, car and […]
January 31, 2008
1 min read
Canada's insurers are experiencing a flood of water damage claims, thanks to a variety of factors. At the same time, they might be on the verge of re-thinking the absence of coverage
By David Gambrill | January 31, 2008
10 min read
Web portals have simplified brokers' lives when it comes to communicating data to carriers. But have they minimized the chances of making errors during the data-entry phase? More importantly, have they over-commoditized the product, separating the client from the broker's advice?
By Brenda Rose, Vice President, Firstbrook, Cassie & Anderson Limited | January 31, 2008
Underwriting does not simply equate to policy administration, and so it's not safe to assume that systems supporting underwriting activity are the same as those that support policy administration
By Glen Piller, President And CEO, Iter8 Incorporated | January 31, 2008
6 min read
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