Risk

Marketplace

REGULATION Ottawa drafts rules on mutual conversions Economical Insurance has “welcomed” the federal government’s proposal to broaden the Cabinet’s power to make regulations on the conversion of mutual insurance companies into companies with common shares. Conservative MP Peter Van Loan tabled Bill C-31 in the House of Commons in March. In addition to implementing part […]

March 31, 2014

7 min read

Risk

Water Logged

A mix of environmental, economic and sociological pieces make up a costly puzzle when it comes to water damage risk and the potential effect on Canadian property insurance pricing.

February 28, 2014

7 min read

Risk

At the Crossroads

Bev Duthoit and Valerie Barber, co-chairs of the 2014 RIMS Canada Conference, say a changing risk landscape is now simply a business reality.

February 28, 2014

5 min read

Risk

Soft Landing

Understanding and managing operational risks will be key to success in 2014, suggests a new outlook from Aon Risk Solutions. Organizations are advised to test the strength of their existing programs and develop risk management practices to lower their total cost of risk.

February 28, 2014

6 min read

Beyond Fire

For property and casualty insurers today, "risk" is a lot more than a four-letter word. By leveraging technology and focusing on the customer, and understanding of new and emerging risks can serve as a means for insurers to position themselves for growth going forward.

February 28, 2014

5 min read

Moves and Views

1 Gore Mutual Insurance Company of Cambridge, Ontario recently announced its president and chief executive officer, Kevin McNeil [1a], will retire June 30. Effective February 17, Heidi Sevcik [1b], former vice president of claims, became Gore Mutual’s new chief operating officer, reporting to McNeil. Sevcik will take on duties as president and CEO July 1. […]

February 28, 2014

4 min read

The View Ahead

Auto insurance, severe weather, profitability and interest rates were among the topics discussed at CW Consulting's Crystal Ball in January. Among other issues, industry executives explained why the data gleaned from their telematics devices identify them as bad drivers.

January 31, 2014

6 min read

Wording Lookup

Commercial brokers waste time and create needless aggravation if they have to leave their own commercial management system and then log in separately to a carrier's system in order to look up a client's policy wording. With real-time wording lookup, brokers store portal credentials, save time and cut the risk of referring to an out-of-date policy wording.

January 31, 2014

5 min read

Risk

Marketplace

Water Logged

At the Crossroads

Soft Landing

Beyond Fire

Moves and Views

Leading by Example

The View Ahead

Wording Lookup

Telematics Limitations