Risk
Marsh Inc., a risk and insurance services firm, has launched a new branding campaign, encouraging businesses to focus on the upside of risk.The campaign, created by the New York office of Ogilvy, seeks to disrupt the traditional view of risk as a liability to be avoided, by asking the reader to also consider finding opportunities […]
By Canadian Underwriter | April 30, 2007
2 min read
In a plea to the Commons Standing Committee on Agriculture, Ian McCreary, farmer-elected director of the Canadian Wheat Board (CWB), asked for legislative support to strengthen the CWB and thereby help manage farmers risks. Risk management tools such as the CWB can provide agricultural market and grain trade power to the producers are necessary, McCreary […]
By Canadian Underwriter | April 25, 2007
Policy Works Inc. has announced the launch of its Certified Data-Exchange Partner Program, designed to recognize insurers who have worked in partnership with Policy Works Inc. to ensure accurate transfer of commercial lines information. The program focuses on three key areas: standards, verification and security. Certified partners must be committed to implementing the CSIO commercial […]
By Canadian Underwriter | April 24, 2007
1 min read
Twenty Manitoba car thieves will be fitted with GPS tracking devices in the fall as part of a one-year pilot project to fight auto theft, the CBC reported on its Web site.Under the program, the highest-risk repeat offenders will wear location-monitoring devices such as ankle bracelets, the CBC reported.The CBC cited Manitoba Justice Minister Dave […]
By Canadian Underwriter | April 19, 2007
Echelon is strongly opposed to the Ontario Facility Associations most recent proposal to redesign its residual market structures, according to a statement from the company.The proposed changes would revamp the current Risk Sharing Pool (RSP) which was originally designed to provide partial and temporary relief to insurers who are adversely affected by take-all-comers regulations into […]
By Canadian Underwriter | April 17, 2007
Manitoba Public Insurance [MPI] intends to invest Cdn$5 million over the next three years in a training partnership aimed at Manitobas commercial trucking business.Over the next three years, annual injections of Cdn$1.65 million will help up to 750 Manitobans become Class 1 drivers a skill in serious demand as the trucking industry deals with higher […]
By Canadian Underwriter | April 16, 2007
Integro Ltd. announced the appointment of Robert F. X. Feeney as chief financial officer.Feeney succeeds Joseph Salerno, a member of the initial leadership team, who is retiring, says an Integro press release.In his role as CFO he will have responsibility for Integros corporate finance and information technology.Feeney joins Integro from HSBC, where he was managing […]
Legal liability risk is perceived by some health professionals and organizations to be a barrier to delivering health services in collaborative teams, but a Conference Board of Canada report suggests that liability is not the obstacle they say it is.Based on this research, the possibility of a malpractice suit should not be put forward as […]
By Canadian Underwriter | April 12, 2007
Political risk trends in emerging markets are taking on a troublesome retro feel back to the 70s, in a sense led by energy-sector expropriation moves in South American countries, A.M. Best has reported.The A.M. Best analysis cites the findings of a political risk index calculated by the emerging markets team at broker Alliant Insurance Services […]
By Canadian Underwriter | April 10, 2007
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