Topic
Professional Development
Zurich Insurance Group reshapes company, creates chief operating officer role
June 10, 2016 by Canadian UnderwriterZurich 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…
Increasing adoption of cloud services primary driver of growth in global critical infrastructure protection market: research
June 9, 2016 by Canadian UnderwriterThe 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…
2013 Calgary floods spawned ‘increased demand’ for services from non-profits: World Conference on Disaster Management speaker
June 9, 2016 Greg Meckbach, Associate EditorNon-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…
MGB Claims Consultants announces acquisition of ProFormance Group Insurance Solutions
June 8, 2016 by Canadian UnderwriterMGB 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…
Business continuity training should happen first day on the job: World Conference on Disaster Management speaker
June 8, 2016 Greg Meckbach, Associate EditorEveryone 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…
Risk managers sometimes overlook ‘positive side of risk:’ RIMS report
June 7, 2016 by Canadian UnderwriterOrganizations 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…
60% of digital businesses will suffer major service failures by 2020 due to inability to manage digital risk: Gartner
June 6, 2016 by Canadian UnderwriterSixty 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.…
Sedgwick and subsidiary Vericlaim expand operations in Canadian market
June 1, 2016 by Canadian UnderwriterSedgwick 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…
Insurance Brokers Association of Ontario searching for new CEO after departure of Jim Murphy
June 1, 2016 by Canadian UnderwriterThe 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…
Nominations for Dale Rempel Award of Excellence now open
May 31, 2016 by Canadian UnderwriterThe 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…
Intact Insurance creates national team to grow commercial specialty solutions
May 30, 2016 by Canadian UnderwriterIntact 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…
Single regulatory approach not the same as one-size-fits-all, CIFF speaker emphasizes
May 30, 2016 Jason Contant, Online EditorA 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…