Risk

Safe Travels

The increasing trend of abductions of those working abroad may signify that some perpetrators view kidnap for ransom as an acceptable revenue generator. But Canadian businesses involved in international trade owe their employees a duty of care that demands risk be assessed and appropriate response be available.

April 30, 2014

6 min read

Risk

Moves and Views

1 Allied World Assurance Company Holdings AG has opened a branch office in Toronto and named Gord Kerr [1] as its senior vice president, chief agent and branch manager. Prior to joining Allied World, Kerr spent four years as chief executive officer and chief agent for Arch Insurance Company’s Canadian operations, notes Switzerland-based Allied World. […]

April 30, 2014

5 min read

Risk

Marketplace

CANADIAN MARKET Quindell, U.K. firm to partner on car offering Insurance technology firm Quindell has partnered with RAC, an auto services and insurance firm in the United Kingdom, to create a new business to distribute Quindell’s telematics technology. Including a £30-million investment split fairly equally between the firms, Connected Car Solutions Limited will market and […]

April 30, 2014

6 min read

Risk

Game On

Businesses looking to achieve long-term success need to keep their heads in the game. For brokers and insurers to both win, things must advance beyond creating effective interaction between systems to a common form of data exchange where information flows between multiple systems.

March 31, 2014

7 min read

Claims Control

Who is in control of claims? Historically, insurers have settled and paid their own claims, rarely consulting with reinsurers. But reinsurers are increasingly asking for claims meetings, additional information and original claim reports. Is the approach to claims in need of reform?

March 31, 2014

5 min read

Far from Standard

Fire protection is far from standardized in Canada. This inconsistency, coupled with the return of some bad habits, demands that insurers diligently adjust premiums based on the Canadian Fire Insurance Grading Index, thereby reflecting true risk and avoiding artificially low rates that spur municipal cuts to fire budgets.

March 31, 2014

6 min read

Smart Thinking

When it comes to a person's home, reducing risk is a top priority. Home automation has become an extension of home security, offering a means to detect an unlocked door or view video feeds in rooms. But it can also be used to detect potentially damaging events, such as a leaking pipe, that might otherwise end up in a claim.

March 31, 2014

4 min read

Moves and Views

1 Toronto commercial broker Aligned Insurance Inc. officially launched operations in Ontario March 25. Led by president and chief executive officer Andrew Clark [1], Aligned Insurance is targeting organizations in and around the Greater Toronto Area. The new independent firm is offering a 0% commission (fee-only) structure, says Clark, who has worked with Aon’s business […]

March 31, 2014

4 min read

Risk

Safe Travels

Moves and Views

Marketplace

Game On

Claims Control

Use it or Lose it

Far from Standard

Smart Thinking

Moves and Views

People First