Canadian Underwriter

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Professional Development


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AIG changes organizational structure, adds “standalone technology platform”

September 25, 2017 by Canadian Underwriter

American 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

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Skills deficiencies impeding effectiveness of smart technologies: Accenture

September 20, 2017 by Canadian Underwriter

While 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,

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Hub International acquires Integro (Canada) Ltd.

September 8, 2017 by Canadian Underwriter

Hub 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

News Professional Development

Getting younger people into broker channel as a career remains challenging: incoming IBAO president

September 6, 2017 Jason Contant, Online Editor

Getting 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

News CatastrophesClaimsClimate ChangeInsuranceMergers and AqcuisitionsProfessional DevelopmentReinsuranceTechnology

Free online offering hopes to bolster catastrophe modelling understanding

September 5, 2017 by Canadian Underwriter

What 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

News CatastrophesInsuranceMergers and AqcuisitionsProfessional Development

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 Underwriter

The 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

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Augmented and virtual reality poised to impact insurance industry: Novarica

August 29, 2017 by Canadian Underwriter

Augmented 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

News CatastrophesInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Provincial, local governments should consider mandatory hurricane interpretation training: ICLR report

August 25, 2017 Jason Contant, Online Editor

Provincial 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:

News CatastrophesClimate ChangeInsuranceProfessional Development

“Clear and direct communication line” needed between insurers and Canadian Hurricane Centre: ICLR

August 24, 2017 by Canadian Underwriter

A “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

News AppointmentsInsuranceMergers and AqcuisitionsProfessional Development

Wawanesa names Chris Henn as president of U.S. operations

August 24, 2017 by Canadian Underwriter

Wawanesa 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

News InsuranceProductsProfessional Development

York University launches new online Certificate in Risk Management course

August 23, 2017 by Canadian Underwriter

York University’s School of Continuing Studies said on Tuesday that it is responding to the “demand for comprehensive risk management training” by launching a new online Certificate in Risk Management course. The three-course online program (Risk Management Principles and Practices;

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

Accenture launches “Liquid Studio” in Toronto to help clients accelerate digital transformation

August 18, 2017 by Canadian Underwriter

Global professional services company Accenture has opened a new “Liquid Studio” in Toronto to help clients “to turn ideas into innovative applications and solutions with speed and agility.” The Liquid Studio uses rapid development approaches, including agile methodologies and DevOps