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Canadian Underwriter - August 2009

Features

Underwriting Freedom
Kidnapping company representatives for ransom has become a modern-day scourge, and kidnap and ransom insurance policies are quietly offering victims a way out.

Aviva's New Partnership with Brokers

Full Steam Ahead
Pleasure craft boating losses have become a big business, and they don't always come from sources one might expect.

No Compromise
How risk managers can cope with the economic effects of a recession without compromising their risk management efforts.

Less is More
More regulation may not necessarily be the best method to handle the incidental sales of insurance.

New Life for Used Lands
Insurers can help restore new life to lands sitting abandoned or underused, plagued by expensive clean-up costs and environmental liability.

Through the Looking Glass
Collecting accurate and reliable claims data is a crucial part of establishing a good risk management program.

Oil Change
Opinion/Analysis; Insurers can help reduce oil spills in a way that regulation cannot, by offering premium discounts to policyholders for risk-proofing their oil heating systems.

4 Steps To ERM
Richard Daukant Vice President, General Manager of Financial Services, SAP Canada Andy Hirst Global Marketing Director of Financial Services, Business Objects (a SAP company); ERM programs not only allow executives to respond to dynamic market forces and address regulatory compliance needs, but they can also satisfy shareholders' demand for better control of risks.

Out of the Line of Fire
In New Brunswick, firefighters' new immunity from suit and indemnity against defence costs is strong, bold and broad.

The Future Exposed!
Globalization and the expanding use of cutting-edge technologies have introduced potential exposure to liability that can snowball in a hurry.


Departments

Moves & Views

MarketPlace

Cover Story

Phoenix Rising
It seems the global financial conflagration was sparked in part by a handful of complacent decision makers who should have been challenging what their risk models were telling them. The resultant financial meltdown had the potential to devalue the entire risk management discipline and erode its credibility. And yet, risk managers appear to have emerged from the smoke and ashes with a stronger sense of purpose and a clearer sense of what constitutes good technique.

Gallery

Editorial

Electronic Branches
Banks should not be allowed to do electronically what they cannot do in their physical branches.

Profile

Stretching the Role of Risk Management
Terry Fleming, who is likely to become RIMS president in January 2010, is open to the idea of risk management expanding beyond its traditional frontiers.