Risk
Data and analytics may offer the clues to help solve the mysteries of weather-related risk. In response to the explosion of third-party providers of data and analytics, many commercial insurers are reassessing their traditional methods for capturing information about potential risks.
July 2, 2015
5 min read
Public-private partnership (P3) agreements are emerging as the design, build, fund and operate model of choice in Canada. But while the model offers an opportunity to share risks and realize rewards, it demands careful consideration of potential exposures, including environmental risk, which are best addressed by tailored cover.
6 min read
Toronto is playing host to the Pan Am Games and the Parapan Am Games this summer. But what if something happened - a flood, a civil protest, a transportation shutdown? What could it mean for reinsurers and insurers if the Games are interrupted?
7 min read
Albert Poon, president of the Canadian Independent Adjusters' Association, says adjusters understand the importance of putting customers first.
The reinsurance industry is under a lot of pressure, be it from the seemingly relentless influx of insurance-linked securities (ILS), consolidations or the relatively benign catastophe environment. But are the changing conditions necessarily a bad thing? Or just a bad thing right now? Can reinsurers’ expertise and relationships – built on a solid understanding of […]
3 min read
1 With the amalgamation of the global Crawford Specialty markets group and the Global Technical Services (GTS) unit, Paul Hancock [1] will head the merged division in Canada, reports Crawford & Company (Canada) Inc. The GTS unit “has expanded its service offerings to incorporate cyber risk, forensic accounting and environmental services, aviation and energy, and […]
4 min read
If one is in the Canadian property and casualty insurance industry, it seems there is no getting away from talk of flood – or cyber. And while some encouraging, concrete developments are unfolding with regard to the former – insurers starting to offer “overland” flood cover and modelling improvements – progress on the latter seems […]
May 31, 2015
Telematics is revving up. Fuelled by the promise of securing consumer loyalty and gaining competitive advantage, offerings from traditional and non-traditional players in the property and casualty space are meant to help position companies for the future. But will current regulatory restrictions serve to stall out the possibilities?
April 30, 2015
14 min read
There is no getting around it: claims adjusters will encounter difficult and demanding claimants. But when a claimant grows unreasonable and combative, demanding too much, what is the best course of action for an adjuster wanting to advance a truly fair settlement and meet fiduciary duties to his or her employer?
A new report by the Insurance Institute of Canada takes a broad look at cyber risk and suggests how Canadian property and casualty insurance organizations can bolster their own cyber security and protect themselves in cyberspace.
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
