Risk
John J. Hampton has been appointed executive director of the Risk and Insurance Management Society (RIMS). A former insurance and finance consultant, Hampton has also served as provost of The College of Insurance and SUNY Maritime College, as well as authoring several insurance related publications. Canadian Northern Shield has named Jim Caudle, former president of […]
October 31, 2000
1 min read
Advantages of the broker distribution channel: convenience name brand choice relationship first-hand knowledge of risk local service good product to risk matching dollars stay in local community
By Klaas Westera, --an industry perspective | September 30, 2000
4 min read
Much has been written about the effect on the working situation of principal partners of an independent insurance brokerage upon its consolidation or purchase by a consolidator or an insurance company. One of the key issues this evolution has created is how does the individual broker integrate the sale of his business with his/her own personal financial and/or retirement plans.
By Jack Lumsden, an insurance broker consultant | September 30, 2000
6 min read
The first phase of Bill C-6, the federal government’s Personal Information Protection and Electronic Documents Act, becomes law on January 1, 2001. Only Canada’s Schedule-A banks, wholly regulated companies such as Air Canada and Bell, and data gathering organizations such as Equifax credit reporting which trade in personal information over provincial and international borders must […]
By David Carr | September 30, 2000
10 min read
Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Waterloo Region Insurance Professionals Dinner Meeting. Kitchener, ON. Contact Lisa Donkers for details at 519-888-9684. October 17. Insurance Brokers […]
September 30, 2000
2 min read
The Insurance Brokers Association of Canada has named Brendan Wycks as its new executive director, effective this month. Wycks has 17 years of management experience, including director of the executive office at the Institute of Chartered Accountants of Ontario for the past eight years. The CG&B Group has announced the purchase of brokers G.C. Carley […]
The dramatic incident that took place in Walkerton, Ontario during the final two weeks of May, 2000 will go down in history as a tragic example of the suffering and disruption that can occur when municipal and provincial agencies fail to act on system safeguards. The events that led up to the contamination of Walkerton's water supply present valuable lessons in risk management as well as serious considerations for insurers underwriting municipal risks.
By William Blakeney, senior partner at Blakeney Henneberry Baksh | August 31, 2000
With the globalization of business, companies are increasingly opening themselves up to exchange rate risk.
By Glenn McGillivray, head of corporate communication at Swiss Rein | August 31, 2000
9 min read
Counting the costs of risks associated with the rapid rise of computer technology is no simple task, say risk managers. But, recent surveys say "cyber risks" will be the next big challenge. Are today's risk managers prepared to stay afloat in these dangerous waters, or will they be sitting ducks?
By Vikki Spencer | August 31, 2000
One of the biggest causes of property loss is fire. However, this is a threat which appears to garner less than serious attention in terms of mitigation efforts by both risk managers and insurers. Building fire system inspections carried out by the Ottawa Fire Department last year revealed an exceptionally high level of deficiencies to early warning responses, largely as a result of complacency.
By Gary Richardson, fire chief of the City of Ottaw | August 31, 2000
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