Risk

Insurer IT spending up marginally in 2004, says consultant

U.S. general insurers will spend slightly more on information technology (IT) in 2004, but funding will be limited and focused, says research and consulting firm TowerGroup.In its annual forecast, the consultant says the industry faces similar challenges to the life and annuity business in terms of using technology for customer service, distribution and operational efficiency.Among […]

By Canadian Underwriter | January 13, 2004

1 min read

Casualty rates continue climb in 2004: JLT

International broker Jardine Lloyd Thompson says commercial clients should prepare themselves for further increases in liability rates this year as insurers continue to repair balancesheets and shy away from long-tail exposures.In its annual “state of the market” report, JLT says that lines such as directors’ and officers’ (D&O), medical malpractice, employment and products liability will […]

By Canadian Underwriter | January 6, 2004

2 min read

On the Move (January 01, 2004)

Sinclair-Cockburn Financial Group has named Nadia Romano as personal lines manager, capitalizing on more than 20 years of insurance industry experience, including two years on the firm’s senior management team. Adjuster Cunningham Lindsey Canada Ltd. announces vice president, operations Lorri Fredericks, now has management responsibilities over a segment of Ontario operations, including having staff at […]

December 31, 2003

2 min read

Moments In Time (January 01, 2004)

Each month of this special 70th anniversary year, Canadian Underwriter will look back at a pivotal period in the industry's history. These are the people, events and issues that have shaped Canadian Underwriter and the insurance industry for seven decades.

December 31, 2003

4 min read