HR
SAN DIEGO – It is important for risk managers in the mining sector to understand the most critical scenarios for their companies and to analyze the true impacts of cyber incidents, suggests Günter Becker, head of mining for Munich Re. “The problem for risk managers is the ability to get their arms around such a […]
By Jason Contant | April 12, 2016
4 min read
SAN DIEGO – William McGannon, a risk management pioneer who had a resounding impact on Canada’s risk management profession, is among the two latest members of the Risk Management Hall of Fame (RMHF). McGannon – long-time employee of NOVA Chemical Corporation, frequent lecturer and regular RIMS conference presenter – and David Mikulina, retired vice president […]
SAN DIEGO — Catastrophe modelling firm AIR Worldwide has launched what it calls the first open source deterministic cyber risk scenario, a move meant to help individual companies and the insurance industry as a whole better understand aggregated risk from large-scale cyber attacks. Used in conjunction with the company’s data schema, cyber scenarios “will serve […]
By Canadian Underwriter | April 11, 2016
Tech
Total spending on IT infrastructure products for deployment in cloud environments will increased by 18.9% in 2016, according International Data Corporation (IDC), a global provider of market intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets. IDC’s Worldwide Quarterly Cloud IT Infrastructure Tracker, released on Monday, said that IT infrastructure […]
2 min read
Legal / Regulation
WASHINGTON – Self-driving cars are more likely to hurt than help public safety because of unsolved technical issues, engineers and safety advocates told the government Friday, countering a push by innovators to speed government approval. Even a trade association for automakers cautioned the National Highway Traffic Safety Administration that a slower, more deliberative approach may […]
By Jason Contant | April 11, 2016
SAN DIEGO – Zurich Insurance Group is unveiling a new mobile app this week at the 2016 RIMS Conference and Exhibition which the company reports will enable customers to perform their own on-site risk assessments and use those results to generate practical risk-mitigation actions. Available for iOS and Android mobile devices, as well as online, […]
By Angela Stelmakowich | April 11, 2016
1 min read
Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of just 0.5% over 2015 spending of US$3.5 trillion, according to information technology research and advisory firm Gartner, Inc. The prediction is down from last quarter’s forecast of 0.6% growth and is mainly due to currency fluctuations, Gartner said in a press […]
By Canadian Underwriter | April 8, 2016
Allstate Insurance Company of Canada announced Tuesday it is using telematics to provide usage-based insurance to personal lines customers in Alberta. Allstate went live April 1 with Drivewise, using technology from Huntington Beach, Calif.-based Modus Group LLC. “In Ontario, (Drivewise) has been live for a while now, so Alberta is our new addition,” said Lisa […]
By Canadian Underwriter | April 5, 2016
3 min read
The global insurance telematics market size is expected to grow from US$857.2 million in 2015 to US$2.21 billion in 2020, at a compound annual growth rate (CAGR) of 20.9%, according to a report by ReportLinker, a market research technology company based in Lyon, France. Consumers’ enthusiasm for in-car connectivity and growth of smartphone penetration in […]
Aon Benfield will launch its new global reinsurer trading platform Apr. 11, a move meant to enhance placements with real-time data when ABConnect Placements goes live for July 1 treaty placements, the global reinsurance intermediary and capital advisor of Aon plc announced Tuesday. The platform “will provide a more integrated, streamlined and documented process for […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
