Keyword
Canada
Global business leaders cite regulatory risks, disruptive influences and cyber risks as key challenges
June 14, 2017 by Canadian UnderwriterCompanies in Canada and around the world are being increasingly impacted by risk, with nearly three quarters (72%) of business leaders polled in a recent survey “citing that they believe we are living in a riskier world,” said a new…
Canadian and U.S. government agencies underperform on fraud detection and reporting, study finds
June 14, 2017 by Canadian UnderwriterGovernment agencies in Canada and the United States performed significantly worse than the business sector on fraud detection and mitigation, according to a new survey from risk management software provider ACL. The 2017 Fraud Survey involved a poll of more…
Canadian CEOs view disruption as an opportunity, report disrupting their sectors: KPMG study
June 13, 2017 by Canadian UnderwriterThree-quarters of Canadian CEOs (75%) see disruption as an opportunity for their business, not a threat, and 86% said their business is actively disrupting its sector rather than waiting for disruption by competitors, according to a new survey from audit,…
Approved Surety & Casualty launches program to enhance contractor bonding limit
June 12, 2017 by Canadian UnderwriterToronto-based Approved Surety & Casualty Inc. announced on Monday that is has launched a capital disbursement program for brokers to enhance contractor bonding limit. “Approved Capital is a capital disbursement program for brokers that will allow their contractor clients to…
Price continues to be hurdles to adoption of smart home devices: survey
June 12, 2017 by Canadian UnderwriterPrice is among the top barriers to more people adopting smart home technology to help ease home management pain points in the United States, notes a survey of 1,000-plus adults south of the border released by U.K. smart home brand…
RMS updates North America quake models for U.S., Canada and Mexico
June 9, 2017 by Canadian UnderwriterRMS’s latest North America earthquake models – covering the United States, Canada, and Mexico – are designed to help company clients manage their risk accumulations with more confidence and help with underwriting a better book of business. Version 17.0 benefits…
Canadian defence plan calls for cyber and drone attacks to meet 21st century threats
June 8, 2017 Mike Blanchfield - THE CANADIAN PRESSOTTAWA – Canada will add hundreds of new elite special forces commandos, wage offensive cyberwarfare attacks and deploy armed drones to international battlefields as part of its military response to new global security threats. The hotly anticipated new defence policy…
XL Catlin launches new contractors pollution liability program in Canada and the U.S.
June 8, 2017 by Canadian UnderwriterXL Catlin announced on Thursday that it has launched its new Contractors Pollution Liability Express Program in Canada and the United States to provide consumers with “speed to market and a streamlined environmental insurance underwriting approach” for small to midsize…
XL Catlin extends global property insurance capacity
June 8, 2017 by Canadian UnderwriterIncreasing property values and concern over natural catastrophe exposures in the United States and Canada were among the factors mentioned in XL Catlin’s announcement Wednesday it had extended global property insurance capacity by 25% to US$500 million. XL Catlin reports…
Generali Global Assistance launches identity protection platform in Canada
June 7, 2017 by Canadian UnderwriterGenerali Global Assistance (GGA), part of the Generali Group, announced on Tuesday that its proprietary identity protection platform is now available for the Canadian marketplace. The offering provides an integrated approach to the four pillars of identity protection: prevention, monitoring,…
Economy at risk without joint Canada-U.S. cyber defence, says former U.S. National Security Agency director
June 2, 2017 Mike Blanchfield - THE CANADIAN PRESSOTTAWA – Canada and the United States need a new cyber defence program – like their joint Norad air defence – to prevent hackers from hobbling their economies, says the former head of the U.S. National Security Agency. Retired general…
36% of polled Canadian firms have no cyber security insurance: FICO
June 1, 2017 by Canadian UnderwriterMore than a third of surveyed Canadian firms do not have cyber security insurance, a concerning situation made worse by an incomplete understanding of how premiums are priced and failure to do everything possible to guard against breaches, FICO notes.…