Risk

What’s New: In brief (October 11, 2005)

Chubb Group of Insurance Companies (NYSE: CB) recently received the title of “Best Overall Commercial Property/Casualty Insurer” by readers choice Awards. The award is based on readers’ evaluations of insurance companies on service, value, quality and innovation. Thomas F. Motamed, vice chairman and chief operating officer of The ChubbCorporation, says customers, agents and brokers appreciate […]

By Canadian Underwriter | October 11, 2005

2 min read

B.C. drivers still aren’t wearing seat belts: police

Many car drivers and passengers in B.C. still aren’t wearing seat belts, according to police-reported collision statistics. Among victims killed in passenger cars in 2003, B.C. police statistics show that approximately 41% were not wearing a seat belt or using a child restraint. The numbers are worse for motorists in light trucks, where approximately 57% […]

By Canadian Underwriter | October 6, 2005

2 min read

Complex risks neglected by board directors

Board directors at global businesses are failing to identify and manage emerging risks effectively, according to a recent survey conducted by Lloyd’s and the Economist Intelligence Unit.The survey dealt with complex risk and although companies are spending more time on risk management, they are having difficulty managing new areas of risk such as cyber crime […]

By Canadian Underwriter | October 6, 2005

2 min read

What’s New: In brief

Canada-specific software solutions developer PowerSoft and provider of technology solutions for the p&c insurance industry Applied Systems Canada have integrated PowerSoft’s PowerQuote rate comparison and sales tool with Applied Systems’ agency management systems, The Agency Manager (TAM) and TAMOnline. Making use of Applied Systems technology, PowerSoft will develop a two-way integration that will allow the […]

By Canadian Underwriter | October 5, 2005

3 min read