Insurance & Risk, Analysis, Events and Careers
Risk
Should risk managers focus limited financial and internal resources on prevention of corporate fraud, or should they ensure an effective detection and investigation program is in place? In fact, they should do both.
February 29, 2008
7 min read
Traditionally, corporate risk officers have been charged with protecting the tangible assets of the company. But their job becomes more complicated when this oversight extends to risks related to network security, intellectual property and brand reputation. It is Monday morning and the risk officer receives notice that the company’s network has been breached. There now […]
Opinion/Analysis; Nanotechnology, climate change and eroding urban infrastructures are top of mind for the country's insurers
4 min read
By expanding the role of the captive to that of the “risk house,” and establishing one focus for all risks, a captive would allow for a more integrated and effective management of risk As corporations continue to grow through mergers and acquisitions and increased investment in new markets, risk management practices and discipline are also […]
After seven devastating hurricanes spun into the United States between 2004 and 2005, there appeared to be widespread surprise at the significant discrepancies between actual and modelled losses. The first reaction was to condemn the models. But when companies compared the data they had entered into the models with what they had actually been insuring, […]
Companies that recognize and plan for risks can maximize business opportunities in China
9 min read
A comprehensive risk analysis at the start of an insurance purchase will make the risk manager a driver in the process, not a passenger
5 min read
Keal Technology and PowerSoft jointly confirmed the completion of an integration project announced at the end of 2007. The integration partnership allows Keal’s clients using sigXP, a broker management system (BMS) for personal lines, to integrate with PowerSoft’s rating tool, PowerQuote, for personal lines insurance rating, quoting and prospecting. “Integrating sigXP and PowerQuote provides our […]
Insurance Bureau of Canada (IBC) has reiterated its long-standing call to the government of Newfoundland and Labrador to remove taxes on insurance premiums. “The people of Newfoundland and Labrador have the highest insurance tax burden in the G8,” Don Forgeron, IBC vice-president, Atlantic region, said in a release. “For every dollar of home, car and […]
January 31, 2008
1 min read
Canada's insurers are experiencing a flood of water damage claims, thanks to a variety of factors. At the same time, they might be on the verge of re-thinking the absence of coverage
10 min read
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