Risk
Wendy Watson, vice president of operations at The Precept Group Inc., is a strong advocate for making brokers' workflows more efficient.
January 31, 2011
5 min read
Canadian Market Canadian catastrophes in 1998, 2005, 2009 and 2010 cost industry $3.8 billion Canadian catastrophes in 1998, 2005, 2009 and 2010 affected 850,000 insured properties and collectively cost the industry $3.8 billion, according to data from PCS-Canada. These figures appeared in the article ‘Summary of Catastrophe Activity in 2010 and Earlier Years,’ published in […]
Insurance companies have collected client geographical information for decades, but the question remains: Do they have the most accurate data?
Can legacy systems accommodate the rush to develop and provide applications - or 'Apps' - that run on iPhone, iPad, Blackberry and/or Android devices? Yes they can.
A risk management approach to data conversion can provide useful insights into both planning and resourcing conversion tasks.
The unique complexities of commercial insurance can make daily workflows incredibly challenging, highlighting the importance of broker management system (BMS) and insurance company integrations.
A BMS touches all departments of the brokerage. Thus, if a change to another system is being contemplated, many questions should be considered.
It is imperative for carriers, brokers and vendors to work towards a 'critical mass' adoption of solutions enabling SEMCI workflows.
In the future, commercial insurers will increasingly be moving towards the ideal of a no-touch, straight-through data exchange with brokers.
Wendy Hillier has joined Intact Financial Corporation as vice president of procurement and claims supply chain. Hillier has held several key management positions with major insurance companies and has worked with all aspects of claims operations, including setting up high-performing supplier networks. Cunningham Lindsey Canada has appointed 11 new regional managers and four new Ontario […]
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