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Cyber risk data ‘not all that robust,’ Willis Re speaker tells ICRMC

April 4, 2016 by Greg Meckbach, Associate Editor

Cyber insurance has evolved considerably since 1999 but commercial insurers lack standardization in cyber policies and there is not a lot of data available for underwriters, a speaker suggested at a recent conference. For cyber risk, “the data is not

News EducationMergers and AqcuisitionsTechnology

Peace Hills Insurance launches CSIO eDelivery, obtains certification

April 4, 2016 by Canadian Underwriter

Western Canadian insurer Peace Hills Insurance has implemented eDelivery, enabling the electronic transmission of personal lines policy documents directly to consumers’ Canada Post epost digital mailboxes in place of traditional mail, the Centre for Study of Insurance Operations (CSIO) said

News EducationLegalMergers and AqcuisitionsTechnology

Third-party service providers can be ‘hornets nest’ in cyber security: ICRMC speaker

April 2, 2016 by Greg Meckbach, Associate Editor

Contracts with information technology service providers can be critical in managing risk from cyber incidents, and third-party providers need to be involved in exercising contingency plans for cyber breaches, speakers suggested Friday at the 2016 International Cyber Risk Management Conference

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Two Canadian financial regulatory agencies sign MOU related to disciplinary actions in Ontario

March 31, 2016 by Canadian Underwriter

The Investment Industry Regulatory Organization of Canada (IIROC) and the Financial Services Commission of Ontario (FSCO) announced on Wednesday that they have signed an information-sharing agreement that will “provide more effective regulation and strengthen consumer protection in Ontario.” Under the

News EducationMergers and Aqcuisitions

Everest Re names Jonathan M. Zaffino as president of North America Insurance Division

March 30, 2016 by Canadian Underwriter

Everest Re Group, Ltd. announced on Wednesday that it has named Jonathan M. Zaffino as president of its North America Insurance Division, effective April 1. Zaffino joined Hamilton, Bermuda-based Everest Re in 2015 as president of Everest National / U.S.

News EducationMergers and AqcuisitionsTechnology

IBAO president anticipates ‘bright future for brokers who are willing to change’

March 29, 2016 by Greg Meckbach, Associate Editor

The insurance industry may not be known for technological innovation, but there is a future for brokers who are willing to change, speakers said Tuesday during the annual general meeting of the Insurance Brokers of Toronto Region. “The only thing

News EducationTechnology

Uncertain times highlight need for change at the CFO, finance levels: Deloitte

March 29, 2016 by Canadian Underwriter

An increasingly uncertain business climate means finance departments have just four to five years to modernize if they are to meet the rising expectations of the organizations they serve, suggests a report issued Tuesday by Deloitte. Chief financial officers (CFOs)

Karen Gavan, president and CEO of Waterloo, Ont.-based  Economical Insurance, announced several executive changes Oct. 23, including the replacement of the vice president for the Ontario region, Walter Leszkowicz.
News Education

Economical Insurance’s Scott Campbell replaces Walter Leszkowicz as VP for Ontario

October 23, 2012 by Canadian Underwriter

Economical Insurance, which recently announced it is cutting 145 positions, said Oct. 23 that its vice president for the Ontario region, Walter Leszkowicz, has left to “pursue other endeavours” while several other executives are taking on additional responsibility. In a

News Education

What’s New: In Brief (February 19, 2010)

February 19, 2010 by Canadian Underwriter

Disaster Kleenup Canada Ltd. has expanded its national network to include Restorex. The company will serve customers in the Melville, Yorkton and southeastern Saskatchewan area, as well as in the Regina, Moose Jaw, and south-central Saskatchewan area from their two

News EducationMergers and Aqcuisitions

What’s New: In Brief (October 16, 2009)

October 16, 2009 by Canadian Underwriter

Cunningham Lindsey has expanded its B.C. interior claims adjusting operations. Kelly Bregeda has been appointed district manager for B.C. interior, providing management support to branch operations in Cranbrook, Prince George and Kelowna.Cheryl Hanson, senior adjuster, and Simon Buckley, general adjuster,

News Education

What’s New: In Brief (October 16, 2009)

October 16, 2009 by Canadian Underwriter

Cunningham Lindsey is the newest national sponsor at the platinum level of the Women in Insurance Cancer Crusade (WICC), representing a commitment of $45,000 over three years. The company says it has committed to continuing its support of the outstanding