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CNA Financial Corporation announced on Tuesday the appointment of Nick Creatura to president and chief executive officer of CNA Canada. Creatura will be responsible for “executing profitable growth strategies” for the global insurer’s Canadian operations, CNA said in a press release. He will report to David Brosnan, chief executive of CNA Hardy. The appointment is […]
By Canadian Underwriter | April 25, 2017
2 min read
More than four in 10 CEOs around the globe have begun the process of digital business transformation, according to a new study from Gartner, Inc., an information technology research and advisory company based in Stamford, Conn. Mark Raskino, vice president of Gartner and a Gartner Fellow, said in a press release on Monday that 20% […]
3 min read
PHILADELPHIA – Risk managers are developing a language that translates worldwide, an advance that bodes well for both the profession and the organizations risk professionals are serving, RIMS president Nowell Seaman suggested during the opening session of the RIMS 2017 Annual Conference & Exhibition. “Fifteen years ago, we weren’t even speaking the same language of […]
By Jason Contant | April 24, 2017
PHILADELPHIA – RIMS, the risk management society, has announced that Alex’s Lemonade Stand Foundation (ALSF) is the beneficiary of the society’s 2017 Community Service Day Project, sponsored by ESIS. The project, which this year focuses on combating childhood cancer, is part of RIMS 2017 Annual Conference & Exhibition. The annual four-day event is being held […]
By Canadian Underwriter | April 23, 2017
Allianz SE announced on Friday that it has recently made a “strategic investment” in Lemonade Insurance Company, a New York-licensed renters and homeowners insurer powered by artificial intelligence and behavioural economics. “The partnership ties in neatly with our digitization focus,” Allianz said in a statement. “After all, insurance technology – or insurtech for short – […]
By Canadian Underwriter | April 22, 2017
The Centre for Study of Insurance Operations (CSIO) has announced that Optimum General Inc. has obtained CSIO certification for commercial lines eDocs. Optimum is now CSIO eDocs-certified for both of its lines of business, as the company obtained certification for personal lines eDocs in 2015, CSIO reported in a press release on Thursday. “Optimum is […]
By Canadian Underwriter | April 20, 2017
Canadian property and casualty managing general agency (MGA) Can-Sure Underwriting and Beacon Underwriting announced on Tuesday that Cameron Copeland will assume the role of president. Copeland assumed the role effective April 15, succeeding Can-Sure founder Jeff Hart, who has “decided to step away from the industry to spend more time with his family and pursue […]
By Canadian Underwriter | April 18, 2017
The Centre for Study of Insurance Operations held its annual general meeting Thursday, acclaiming the president of the Insurance Brokers Association of Ontario as a new board member and announcing the use of its eDocs standard was up about 45% in 2016 from the year before. In 2013, CSIO announced that eDocs would be its […]
By Jason Contant | April 16, 2017
The Insurance Brokers Association of Manitoba (IBAM) announced on Thursday that CEO Dave Schioler will be stepping down effective April 11, 2018. Noting that he still has much to do at IBAM during what will now be a transition year, Schioler said in a press release that “he has been presented with a couple of […]
By Canadian Underwriter | April 15, 2017
Fully online insurance company Sonnet is the “first step in a multi-step journey” and the learnings from that process will be applied back to other parts of Economical Insurance’s business, Economical senior vice president and chief marketing officer Michael Shostak said last week. “Everything we did with Sonnet, whether it was the customer insights or […]
By Canadian Underwriter | April 10, 2017
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