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Aviva Canada announces the Aviva Community Fund is back for eighth year

June 14, 2016 by Canadian Underwriter

For the eighth consecutive year, Aviva Canada has put a call out to organizations looking to make a positive difference with this year’s launch of the $1 million Aviva Community Fund (ACF). As part of the fund, the insurer will

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Board of directors dismissed at Alberta’s Agriculture Financial Services Corp.

June 14, 2016 Dean Bennett - THE CANADIAN PRESS

EDMONTON – The Alberta government has sacked the board of a Crown corporation following a report that said there were procurement violations and lavish spending by executives that included golf trips, limo rides, and luxury seats to the Edmonton Oilers.

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Drastic measures needed if insurance sector is to reinvent itself: KPMG report

June 13, 2016 by Canadian Underwriter

Only half of global insurers polled believe that they are capable of extracting and sustaining value from business transformation initiatives, with 57% admitting that their transformation efforts to date have been “less than successful,” according to a new report from

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Zurich Insurance Group reshapes company, creates chief operating officer role

June 10, 2016 by Canadian Underwriter

Zurich Insurance Group announced on Friday a reshaping of the company, which includes the creation of the new role of chief operating officer (COO) and a move to a “simpler, more customer-oriented structure.” “Over the coming months, the business will

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Increasing adoption of cloud services primary driver of growth in global critical infrastructure protection market: research

June 9, 2016 by Canadian Underwriter

The increased adoption of cloud-based services among enterprises is the primary driver for growth in the global critical infrastructure protection market, according to global market research company Technavio. Research analysts at Technavio predicted on Wednesday that the global critical infrastructure

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2013 Calgary floods spawned ‘increased demand’ for services from non-profits: World Conference on Disaster Management speaker

June 9, 2016 Greg Meckbach, Associate Editor

Non-profit organizations need to be prepared for natural disasters so they can help deliver public services, speakers suggested Tuesday at the World Conference on Disaster Management. From research conducted after the floods in affecting southern Alberta in 2013, the Calgary

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MGB Claims Consultants announces acquisition of ProFormance Group Insurance Solutions

June 8, 2016 by Canadian Underwriter

MGB Claims Consultants Inc. announced on Wednesday that it has acquired ProFormance Group Insurance Solutions Inc. “as part of an overall strategy for expansion to better service our clients and strengthen our presence in both the Lloyds of London and

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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

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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

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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.

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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

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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