Insurance & Risk, Analysis, Events and Careers
All it takes is a spark. From a sander. Or errant cigarette. And POW! Igniting common, flammable construction materials like wood, solvents, packaging, and gasoline and turning a work in progress to a pile of ash. It’s a powerful blow to any construction firm and property owner. Fire is the leading cause of losses during […]
By Baxter Hall | August 28, 2018
3 min read
With wildfire losses reaching a whopping $5.6 billion in the past 10 years, there is an urgent need for a solution that can help insurers price the risk accurately, as well as to help municipal and provincial governments know their vulnerabilities so they can take targeted preventative action to protect communities. “Climate change is having […]
By Baxter Hall | July 24, 2018
3 min read
Part of travelling is trying everything! New food, new experiences. But when those experiences result in the unexpected, that’s when travel insurance becomes a universal need. Here are two reasons why you should recommend travel insurance to your customers: Should I eat that? The only thing worse than having a bad meal is having a […]
By Baxter Hall | June 5, 2018
2 min read
What direction do you see your insurance career taking over the next five years? Are you on a path to the C-suite or other leadership role? Alternatively, do you have a more entrepreneurial vision for either starting a company or joining a startup? Perhaps you see yourself developing a game-changing new product. Or, you may […]
By Baxter Hall | May 29, 2018
3 min read
IFRS 17, Insurance Contracts was published in May 2017 and is the most significant change to financial reporting for insurance companies in Canada in decades, not only in the measurement of insurance assets and liabilities, but in how insurance contracts are presented in financial statements. The new standard becomes effective on January 1, 2021. However, […]
By Baxter Hall | April 4, 2018
2 min read
For Canadian organizations, as well as organizations doing business in Canada, a dramatic shift to privacy and cyber security regulations is looming. The amendment to Canada’s Personal Information Protection and Electronic Document Act (PIPEDA), the federal privacy law for private-sector organizations, is expected to take effect in late 2017. Under this amendment, also known as […]
By Baxter Hall | December 12, 2017
3 min read
FirstOnSite Restoration, Canada’s leading independent disaster restoration services provider, has strengthened the senior management team in Ontario by promoting Dennis Van Luit to the newly created role of Director of Operations – Ontario. Dennis joins the leadership team of Jason Prescott who was appointed Senior Vice President – Ontario in April of 2016. In this […]
By Baxter Hall | July 31, 2017
2 min read