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Aviva Canada announced on Monday that it will host its first-ever Pitch Day event in Toronto on Oct. 11. Aviva Canada said in a press release that Aviva Ventures is investing $180 million over the next five years in “disruptive, high potential digital startups” around the globe. The call for submissions is now open and […]
By Canadian Underwriter | June 20, 2016
2 min read
The newly-created Canadian Coalition on Distracted Driving (CCDD) has wrapped up its first meeting, a two-day working session in Ottawa, where it began work on creating a National Action Plan to combat distracted driving. An initiative of the Traffic Injury Research Foundation (TIRF), Drop It And Drive and The Co-operators, the CCDD is a multi-sectoral […]
4 min read
Veteran aviation claims adjuster Ian Gallagher has been elected president of the Ontario Insurance Adjusters Association (OIAA), taking over from Catherine Groot. Gallagher works in St. Catharines as an executive adjuster for Vancouver-based Kernaghan Adjusters Ltd. In addition to aviation, his areas of expertise include commercial property, personal property and liability and specialty losses. Gallagher, […]
By Canadian Underwriter | June 17, 2016
For the eighth consecutive year, Aviva Canada has put a call out to organizations looking to make a positive difference with this year’s launch of the $1 million Aviva Community Fund. As part of the fund, the insurer will again donate $1 million toward efforts designed to create positive change in communities across the country, […]
By Canadian Underwriter | June 14, 2016
EDMONTON – The Alberta government has sacked the board of a Crown corporation following a report that said there were procurement violations and lavish spending by executives that included golf trips, limo rides, and luxury seats to the Edmonton Oilers. “I’ve lost the confidence in that board,” Agriculture Minister Oneil Carlier told a legislature news […]
By Jason Contant | June 14, 2016
3 min read
Only half of global insurers polled believe that they are capable of extracting and sustaining value from business transformation initiatives, with 57% admitting that their transformation efforts to date have been “less than successful,” according to a new report from KPMG International. The KPMG report, through Forbes Insights, was released on Monday. KPMG surveyed more […]
By Canadian Underwriter | June 13, 2016
Zurich Insurance Group announced on Friday a reshaping of the company, which includes the creation of the new role of chief operating officer (COO) and a move to a “simpler, more customer-oriented structure.” “Over the coming months, the business will move to a simpler, more customer-oriented structure, reducing complexity, creating greater accountability and empowering teams […]
By Canadian Underwriter | June 10, 2016
The increased adoption of cloud-based services among enterprises is the primary driver for growth in the global critical infrastructure protection market, according to global market research company Technavio. Research analysts at Technavio predicted on Wednesday that the global critical infrastructure protection market – which includes technology (cyber and physical security) and physical security (software, alarms […]
By Canadian Underwriter | June 9, 2016
MGB Claims Consultants Inc. announced on Wednesday that it has acquired ProFormance Group Insurance Solutions Inc. “as part of an overall strategy for expansion to better service our clients and strengthen our presence in both the Lloyds of London and Canadian marketplace.” Based in Pickering, Ont. and founded in 2008, ProFormance Group provides third party […]
1 min read
Organizations need to take some risks, and risk managers need to understand the value of taking such risks, Risk and Insurance Management Society Inc. (RIMS) said in a report announced Tuesday. “Usually risk is defined as the possibility of loss or injury, but the idea of risk is more complicated that than,” wrote Jessica Wasserman, […]
By Canadian Underwriter | June 8, 2016
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