Canadian Underwriter

Topic
Professional Development


News InsuranceMarkets / CoveragesProfessional Development

Are Canada’s risk managers compensated for wearing many hats?

December 5, 2017 Jason Contant, Online Editor

More than six in 10 (63% of) risk management professionals in the United States and Canada reported performing functions in addition to risk management in their organizations, according to RIMS’ 2017 Risk Management Compensation Survey. One reason why is because

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

Working from home? Careful with your client information

December 1, 2017 David Gambrill, Editor-in-Chief

Brokers need to be mindful of how they protect their clients’ information in the digital age, particularly when they transfer information to and from their office to work remotely from home. “We recognize that the digital era is upon us,

News AppointmentsInsuranceMarkets / CoveragesProfessional Development

P&C People: Who’s doing what

November 30, 2017 by Canadian Underwriter

IndemniPro shakes up Quebec leadership IndemniPro, an independent claims adjuster, has announced two organizational changes in Quebec. After a 16-year career with IndemniPro, Suzie Godmer, senior vice president of the company’s Quebec and Atlantic Canada regions, has decided to leave

News InsuranceMarkets / CoveragesProfessional Development

Broker regulator working on ‘logistics’ of public hearings

November 30, 2017 Greg Meckbach, Associate Editor

Registered Insurance Brokers of Ontario officials are “giving some thought” to how they will make disciplinary committee hearings public, RIBO’s chief executive officer said Thursday. “Just because the hearings are required to be held in camera doesn’t mean that we

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentReinsurance

What OSFI expects insurers to know about reinsurance

November 30, 2017 Jason Contant, Online Editor

While the Office of the Superintendent of Financial Institutions (OSFI) expects federally regulated insurers (FRIs) to comply with its guideline on reinsurance, it realizes that “this guidance was not always well-understood by the industry and [has] identified opportunities to clarify

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

Proposed law would make broker discipline hearings public

November 29, 2017 Greg Meckbach, Associate Editor

A rule requiring disciplinary hearings of Ontario brokers be open to the public is currently included in the province’s budget implementation bill, which has yet to be passed. The Insurance Brokers Association of Ontario (IBAO) told Canadian Underwriter Wednesday it

News InsuranceLegalMarkets / CoveragesProfessional Development

Broker fined, brokerage chastised for GRC coverage mix-up

November 29, 2017 by Canadian Underwriter

A Manitoba broker received a $1,000 fine and was ordered to pay partial investigation costs of $800 for his role in a coverage mix-up that substituted actual cash valuation instead of guaranteed replacement (GRC) costs for a “seasonal dwelling” encompassing

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Calling all data scientists: Canada’s P&C industry wants you

November 28, 2017 David Gambrill, Editor-in-Chief

Canadian property and casualty (P&C) insurers seeking to advance their artificial intelligence (AI) capabilities will have a tough time recruiting data scientists to help them transform their data into genuine business insights, says a recruiter who works with the P&C

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional DevelopmentTechnology

What’s keeping risk managers up at night?

November 27, 2017 Jason Contant, Online Editor

Darius Delon, a consultant and president of Risk Management 101, told Canadian Underwriter Monday what he sees as the top concerns for risk managers. Here are his Top 3 risks: Number 1: Awareness about legislative changes In some instances, organizations

News AnnouncementsAppointmentsInsuranceMarkets / CoveragesProfessional Development

P&C People: Who’s doing what

November 25, 2017 David Gambrill, Editor-in-Chief

Quebec regulator names inaugural fintech director The Autorité des marchés financiers (AMF), the regulatory and oversight body for Québec’s financial sector, has appointed Moad Fahmi to the new position of director of fintech and innovation. “This new function will foster the collaboration that

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

What’s the hourly wage of an insurance professional?

November 25, 2017 David Gambrill, Editor-in-Chief

Ontario’s recent minimum wage hike up to $15 per hour ruffled a few feathers within the business community, but the new legislation didn’t raise much of a fuss within the property and casualty (P&C) insurance sector. “On this particular issue,

News AssociationsInsuranceProfessional DevelopmentTechnology

Why future recruits will flock to the automated insurance workplace

November 23, 2017 David Gambrill, Editor-in-Chief

While it remains to be seen whether or not the industry’s anticipated move to automate “paper pushing” roles over the next decade will spawn major job losses, the industry may have an easier time attracting youth to the more advanced