Topic Education
Forecasting emerging risks expected to get tougher: Marsh/RIMS report
April 11, 2016 by Angela Stelmakowich, EditorSAN DIEGO – Cyber attacks – once again identified as a top critical business risk – are expected to be a source of emerging risks, but forecasting for all emerging risks could prove more challenging over the next three years,…
Cyber risk data ‘not all that robust,’ Willis Re speaker tells ICRMC
April 4, 2016 by Greg Meckbach, Associate EditorCyber 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…
Peace Hills Insurance launches CSIO eDelivery, obtains certification
April 4, 2016 by Canadian UnderwriterWestern 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…
Third-party service providers can be ‘hornets nest’ in cyber security: ICRMC speaker
April 2, 2016 by Greg Meckbach, Associate EditorContracts 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…
Two Canadian financial regulatory agencies sign MOU related to disciplinary actions in Ontario
March 31, 2016 by Canadian UnderwriterThe 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…
Everest Re names Jonathan M. Zaffino as president of North America Insurance Division
March 30, 2016 by Canadian UnderwriterEverest 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.…
IBAO president anticipates ‘bright future for brokers who are willing to change’
March 29, 2016 by Greg Meckbach, Associate EditorThe 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…
Uncertain times highlight need for change at the CFO, finance levels: Deloitte
March 29, 2016 by Canadian UnderwriterAn 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)…
Economical Insurance’s Scott Campbell replaces Walter Leszkowicz as VP for Ontario
October 23, 2012 by Canadian UnderwriterEconomical 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…
What’s New: In Brief (February 19, 2010)
February 19, 2010 by Canadian UnderwriterDisaster 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…
What’s New: In Brief (October 16, 2009)
October 16, 2009 by Canadian UnderwriterCunningham 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,…
What’s New: In Brief (October 16, 2009)
October 16, 2009 by Canadian UnderwriterCunningham 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…