Topic
Professional Development
Dave Smiley appointed president and chief operating officer of Unica Insurance
September 27, 2017 by Canadian UnderwriterMississauga, Ont.-based Unica Insurance announced on Wednesday that Dave Smiley has been appointed president and chief operating officer of the company. Smiley previously held the position of vice president of operations for Unica since 2009. He brings with him almost…
ORIMS presents Tony Lackey with 2017 Donald M. Stuart Award at RIMS Canada Conference
September 26, 2017 by Canadian UnderwriterRIMS Ontario Chapter (ORIMS) has presented the Donald M. Stuart Award to Tony Lackey, director of risk and insurance services for Carleton University in Ottawa. Lackey was presented the award at the RIMS Canada Conference, RIMS said in a press…
AIG changes organizational structure, adds “standalone technology platform”
September 25, 2017 by Canadian UnderwriterAmerican International Group, Inc. (AIG) announced on Monday that it will transition to General Insurance and Life & Retirement segments, as well as a new “standalone, technology-enabled platform.” AIG said in a statement that it is planning to make changes…
Skills deficiencies impeding effectiveness of smart technologies: Accenture
September 20, 2017 by Canadian UnderwriterWhile large financial institutions have made progress applying smart technologies like cloud, biometrics and big data analytics to their risk management functions, two-thirds (66%) of executives say skills deficiencies are impeding the effectiveness of the function as these technologies evolve,…
Hub International acquires Integro (Canada) Ltd.
September 8, 2017 by Canadian UnderwriterHub International Limited announced on Friday that is has acquired P&C brokerage Integro (Canada) Ltd. Terms of the acquisition were not disclosed, Hub noted in a press release. With offices in British Columbia, Ontario and Quebec, Integro Canada is a…
Getting younger people into broker channel as a career remains challenging: incoming IBAO president
September 6, 2017 Jason Contant, Online EditorGetting younger people to choose the broker channel as a career remains a challenge, the incoming president of the Insurance Brokers Association of Ontario (IBAO) told Canadian Underwriter in a recent interview. “In the high schools is where it really…
Free online offering hopes to bolster catastrophe modelling understanding
September 5, 2017 by Canadian UnderwriterWhat has been described as the first free and neutral open online catastrophe modelling course was launched today to help those working in climate change and disaster loss mitigation, academia and insurance better understand the use of models in nat-Cat…
U.S. P&C association calls on Congress to pass National Flood Insurance Program extension in wake of Hurricane Harvey
August 31, 2017 by Canadian UnderwriterThe president and CEO of the Property Casualty Insurers Association of America (PCI) is calling on the U.S. Congress to pass at least a six-month extension of the National Flood Insurance Program (NFIP). David A. Sampson said in a press…
Augmented and virtual reality poised to impact insurance industry: Novarica
August 29, 2017 by Canadian UnderwriterAugmented and virtual reality each boast considerable potential for impact within the insurance industry, with implications spanning risk mitigation, improved efficiency and loss ratios and enhanced customer service, Novarica said in a new executive brief. While their effect will be…
Provincial, local governments should consider mandatory hurricane interpretation training: ICLR report
August 25, 2017 Jason Contant, Online EditorProvincial and local governments should consider mandating compulsory training in the Canadian Hurricane Centre (CHC)’s severe hurricane interpretation course, the Institute for Catastrophic Loss Reduction (ICLR) recommended in a new research paper. The paper, titled Communicating hurricane risk in Eastern Canada:…
“Clear and direct communication line” needed between insurers and Canadian Hurricane Centre: ICLR
August 24, 2017 by Canadian UnderwriterA “clear and direct communication line” should be established between the Canadian insurance industry and the Canadian Hurricane Centre (CHC), the Institute for Catastrophic Loss Reduction (ICLR) recommended in a research paper released on Thursday. The recommendation was one of…
Wawanesa names Chris Henn as president of U.S. operations
August 24, 2017 by Canadian UnderwriterWawanesa Mutual Insurance Company, one of the largest property and casualty insurers in Canada with a growing presence in the United States, announced on Thursday that Chris Henn has been appointed president of its U.S. operations effective Aug. 31. Prior…