Canadian Underwriter

What’s New: In Brief (July 22, 2009)

July 22, 2009   by Canadian Underwriter

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Two entities of the Totten Group within Quebec — the Groupe Gestionnaire d’Assurances Totten Ltee, and Norac Totten Gestionnaire d’Assurances Ltee — have been merged into one operation going forward.
Gino Vaisica will become vice president of the Quebec Region for all operations in the province.
Vaisica was previously vice president of Norac Totten, having sold his previous firm, Norac Intermediaries, to Totten Group early in 2009.
The two companies will retain their legal names and entities for a time, but they will operate as one firm in dealing with brokers and markets.
Both the Cremazie and Varennes offices will remain in their current locations with the same phone and fax numbers and same email addresses.
David Millroy, previously vice president of Groupe Gestionnaire d’Assurances Totten Ltee has chosen to take early retirement.
Abdellatif Oumami has been promoted to the position of administrative supervisor of the Cremazie office, in addition to his responsibilities as a production underwriter in that office.

Compu-Quote, a Canadian comparative rating provider, has introduced the Co-Parison Report for the Web.
“The Co-Parison Report for the Web is a more flexible, powerful tool for delivering timely, comparative analysis,” Colleen Rolland, vice president of corporate services division, says in a press release. “Users can quote tens of thousands of risks in minutes and export results in industry standard formats to analyze and summarize data.
“We’ve made it even easier to unlock the secrets behind how companies are positioning themselves and make informed decisions on underwriting and pricing strategy.”
Insurance company employees across the country can use the online tool to share driver profiles, location and carrier lists, thus reducing duplicate effort. Users can quote more locations and companies, import custom location lists and change provinces on the fly.
The redesigned “Co-ParIf” functionality is intended to make it simpler for users to simulate rate changes on various coverages and study the resulting impact on competitive positions.

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