Risk
Karen Gavan has been appointed as the new president and CEO of The Economical Insurance Group (TEIG). She succeeds Katherine Mabe, who is leaving the company for personal reasons. Gavan has been a director at the Economical Mutual Insurance Company since 2008. She has served as chair of the special committee with responsibility for the […]
June 30, 2011
5 min read
Risk managers from across Ontario gathered at the Fairmont Royal York for the Annual General Meeting of the Ontario Chapter of the Risk and Insurance Management Society (ORIMS). During the dinner event, ORIMS 2010-11 president April Savchuk passed the torch to ORIMS 2011-12 president Roman Parzei. The event also served as a fundraiser for the […]
1 min read
More than 65 exhibitors turned out for the trade show and strolling dinner opening the Insurance Brokers Association of Alberta (IBAA)’s 2011 Annual Convention in Jasper, Alberta on May 15. The three-day event featured the IBAA’s annual general meeting, as well as a keynote address by Jeremy Gutsche of TrendHunter.com. Gutsche’s speech encouraged insurance industry […]
RMS has released its first-ever Canadian hurricane risk model. Estimates show a direct hit on Nova Scotia could cost the Canadian P&C insurance industry up to $6 billion in losses.
May 31, 2011
3 min read
Banks have developed a technological 'box' for handling customers' low-maintenance banking transactions (ATMs and Internet banking, for example). Insurers could develop a similar 'box' to provide automated, online underwriting.
6 min read
A catastrophe model may not be the best tool for all purposes, or for all users
Today's interconnected insurer is much better able to access new sources of information and data; collaborate virtually with suppliers and partners; share data cooperatively and allow customers to serve themselves efficiently.
Canada's insurance industry faces an exposure of up to $1 billion related to repair of building construction defects. The industry can take positive steps to help in the mitigation of this exposure.
Alister Campbell, CEO and chief agent of Zurich Canada, has been elected chair of the Property and Casualty Insurance Compensation Corporation (PACICC). Campbell has held his post at Zurich since October 2007. He has worked in the insurance industry for more than 25 years and has held senior executive positions in a range of capacities […]
4 min read
Risk professionals from around the world came to Vancouver between May 1 and 5 for the 2011 Risk and Insurance Management Society (RIMS) Annual Conference and Exhibition. The theme of this year’s conference was ‘Advantage: RIMS.’ Conference speakers included Apolo Anton Ohno, olympic gold medalist and winner of Dancing with the Stars, Stephen Dubner, author […]
2 min read
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