Canadian Underwriter

Topic
Professional Development


News CatastrophesInsuranceMergers and AqcuisitionsProfessional Development

Business continuity training should happen first day on the job: World Conference on Disaster Management speaker

June 8, 2016 Greg Meckbach, Associate Editor

Everyone needs to be trained in business continuity management, and the importance of managing expectations is one lesson learned during the major floods in 2013 in southern Alberta, speakers suggested Tuesday at the World Conference on Disaster Management. “Exercising is

News InsuranceProfessional Development

Risk managers sometimes overlook ‘positive side of risk:’ RIMS report

June 7, 2016 by Canadian Underwriter

Organizations need to take some risks,  and risk managers need to understand the value of taking such risks, Risk and Insurance Management Society Inc. (RIMS) said in a report announced Tuesday. “Usually risk is defined as the possibility of loss

News InsuranceProfessional DevelopmentTechnology

60% of digital businesses will suffer major service failures by 2020 due to inability to manage digital risk: Gartner

June 6, 2016 by Canadian Underwriter

Sixty per cent of digital businesses will suffer major service failures by 2020 due to the inability of IT security teams to manage digital risk, according to a special report from Gartner, Inc., an information technology research and advisory company.

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Sedgwick and subsidiary Vericlaim expand operations in Canadian market

June 1, 2016 by Canadian Underwriter

Sedgwick Claims Management Services, Inc. and its subsidiary Vericlaim announced on Wednesday that they will expand their services available in the Canadian market. In addition to Sedgwick’s existing third-party administration (TPA) operations, the companies will offer high-quality claims administration and

News AssociationsInsuranceProfessional Development

Insurance Brokers Association of Ontario searching for new CEO after departure of Jim Murphy

June 1, 2016 by Canadian Underwriter

The Insurance Brokers Association of Ontario’s (IBAO) executive committee announced on Wednesday that Jim Murphy has moved on from his role as CEO of IBAO, effective immediately. “This is an important time for IBAO,” Michael Brattman, IBAO chair, said in

News AssociationsInsuranceProfessional Development

Nominations for Dale Rempel Award of Excellence now open

May 31, 2016 by Canadian Underwriter

The Insurance Brokers Association of Canada (IBAC) is accepting nominations for the 2016 Dale Rempel Award of Excellence, which recognizes an individual who has demonstrated commitment and support of education and life-long learning for those working in the property and

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Intact Insurance creates national team to grow commercial specialty solutions

May 30, 2016 by Canadian Underwriter

Intact Insurance announced on Monday that it has created a new national team dedicated to growing its commercial lines specialty solutions business, which will “accelerate its plans to become the Canadian leader in specialty lines and surety.” To support this

News InsuranceLegislation / RegulationProfessional Development

Single regulatory approach not the same as one-size-fits-all, CIFF speaker emphasizes

May 30, 2016 Jason Contant, Online Editor

A single financial services regulatory approach does not mean a one-size-fits-all approach at all, a speaker stressed last week at the Canadian Insurance Financial Forum at the Allstream Centre in Toronto. Lawrence Ritchie, a partner at Osler, Hoskin & Harcourt

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsProfessional Development

Corporate investigations on the rise, study suggests

May 24, 2016 by Canadian Underwriter

Corporate investigations are on the rise, with over a quarter (27%) of businesses saying they have experienced a claim or investigation involving a director of their company in the past year, up from one in five in 2014. That was

News InsuranceLegalLegislation / RegulationMergers and AqcuisitionsProfessional DevelopmentTechnology

Global media and telecom executives rank data protection fines and penalties as top risk to their industries: Willis Towers Watson

May 24, 2016 by Canadian Underwriter

Global media and telecommunication executives both ranked regulatory fines and penalties arising from data protection breaches as the primary risk facing their respective industries, according to new research released on Tuesday by global advisory, broking and solutions company Willis Towers

News InsuranceLegalMergers and AqcuisitionsProfessional DevelopmentTechnology

LinkedIn confirms 2012 hack exposed 117M user passwords

May 20, 2016 The Associated Press

NEW YORK – LinkedIn said Wednesday that a 2012 breach resulted in more than 100 million of its users’ passwords being compromised – vastly more than previously thought. The business social network said that it believes to be true a

News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

North American organizations experiencing slow shift to public cloud: Softchoice study

May 20, 2016 by Canadian Underwriter

Transitioning to public cloud is a slow-moving process for most businesses, according to a new study by Softchoice, a North American IT solutions and managed services provider. Released on Tuesday, the study, titled The State of Cloud Readiness: Transformation and