Risk
Perhaps the best hope for resolving the credit scoring issue is to see the emergence of a better, less contentious rating factor.
January 31, 2012
3 min read
A once-linear connection between consumers, brokers and insurers, mediated through paper-based processes has shifted because of the unbounded flexibility of the Internet.
7 min read
A new app allows commercial insurance brokers to gather complete information from a client at the client's place of business and send it to an underwriter by means of a tablet - with minimal keyed entry.
5 min read
Among other technology innovations, companies are exploring the possibility of allowing consumers to use their friends and social circle to help reduce premiums.
QRIMA, RIMS Québec Chapter, held its annual Holiday Luncheon on Dec 15, 2011 at the Ristorante BICE in Montréal. More than 125 risk managers and industry partners attended the sold-out event. Scott Clark, President of RIMS, was among the honored guests when Daniel Desjardins, senior director, Global Risk Management and Insurance at Bombardier, was presented […]
1 min read
The Northern Alberta Insurance & Risk Management Chapter (NARIMS) and the Insurance Institute of Northern Alberta (IINA) held a joint Christmas party on Dec 8, 2011. A total of $1,500 was donated to Edmonton’s Christmas Bureau from this event. This was a great opportunity to chat with new and old friends!
Usage-based insurance (UBI) is moving steadily into the mainstream in many large insurance markets, particularly the United States. Insurers in Canada have shown interest in UBI, but there are few comparable programs in place. Depending on the perspective, the telematics experience here in Canada points to either a vacuum or an opportunity
13 min read
Insureds who want to be bounced out of Ontario's new Minor Injury Guideline (MIG), which caps minor injury claims at $3,500, are taking advantage of a little-known provision in the Insurance Act to move their claims forward.
December 31, 2011
The Canadian third party administration (TPA) market has developed its own personality in response to the needs of the consumer. The qualities and design of TPAs have shifted in time with the evolution of the market.
6 min read
Consortium data, in-house data and leading-edge analytics technology create a perfect triangle for fighting fraud.
4 min read
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