Announcements

Decorative pattern

Announcements

Insurance Institute of Ontario- Leading Insurance Coverage & Liability Cases (2022-2023)

In order for Brokers to advise clients about the foreseeable insurable risks that may impact their home, automobile and business exposures, Brokers need to understand current liability and coverage issues. Join us November 2, as Mario Fiorino, Senior Council of the Insurance Bureau of Canada, reviews the leading coverage and liability issues of 2022-2023. In […]

June 9, 2023

1 min read

Oracle RMS Insurance Brokerage to Acquire Spacca Insurance Brokers Ltd.

Announcements

Oracle RMS Insurance Brokerage to Acquire Spacca Insurance Brokers Ltd.

CONCORD, ON, JUNE 7, 2023/insPRESS/ – Today Oracle Risk Management Services Inc. (Oracle RMS) Insurance Brokerage announced they have acquired Spacca Insurance Brokers Ltd. (Spacca Insurance). Founded in 1972, Spacca Insurance is a family-owned and operated insurance brokerage that prides itself on its client-centric approach which involves continuous relationship-based engagement. “We believe that the acquisition […]

By Irene | June 7, 2023

2 min read

Decorative pattern

Announcements

Insurance Institute of Ontario- Bucket vs. Searchlight – a Scientific Approach to Investigating Exceptional & Suspicious Claims

As part of an overall strategy response for cost containment, insurance systems often apply some form of a procedural If/Then claim triage algorithm. These types of If/Then decision models are akin to what is known in systems theory as a Forward Chaining inference engine. These models can rely on the assumption of a stochastic environment. […]

June 7, 2023

2 min read

Decorative pattern

Announcements

Insurance Institute of Ontario- Open Source Intelligence – Turning Information into Actionable Intelligence

Open-source intelligence is a process designed to gather information from public sources such as websites and government databases. The application of intelligence gathering of open and restricted data sources include the collection, processing, exploitation, analysis and use of multiple sources of information to generate investigative findings. Gain insight on the risks, rewards, and current trends […]

June 7, 2023

1 min read