Canadian Underwriter

Keyword
Claims


Anya Sri-Skanda-Rajah, Managing Director, GC Analytics, Canada Flood Model Strategic Lead, Guy Carpenter & Company
Feature Catastrophes

Drought to Deluge

June 1, 2015 Anya Sri-Skanda-Rajah, Managing Director, GC Analytics, Canada Flood Model Strategic Lead, Guy Carpenter & Company

Both data and technology are having an impact on the development of flood insurance products. With recent breakthroughs that advance the ability to perform stochastic modelling, more insurers appear open to writing flood insurance, a move that could help shrink the coverage gap for homeowners.

Willie Handler, Consultant, Willie Handler and Associates
Feature LegalMergers and Aqcuisitions

Ontario’s 25-Year No-Fault Journey

May 1, 2015 Willie Handler, Consultant, Willie Handler and Associates

Ontario’s auto insurance system is unrecognizable, and it is time to stop tinkering. The concept of using an insurance system to provide a social safety net is flawed, perhaps requiring in its place a system where private insurance companies provide both third-party liability and physical damage coverage while a Crown corporation delivers accident benefits.

Side airbags in the United States
Feature Mergers and Aqcuisitions

Made in Canada Trends

May 1, 2015 Greg Horn, Vice President, Industry Relations, Mitchell International

Vehicle-buying preferences in Canada and the United States differ, with the former favouring compact over the latter’s love of mid-size. Preferences related to model year and vehicle size, however, can have a big impact on claims cost, total loss rate and alternate parts use.

Feature Mergers and Aqcuisitions

Tried and True

May 1, 2015 The CIP Society - Insurance Institute of Canada

There is no getting around it: claims adjusters will encounter difficult and demanding claimants. But when a claimant grows unreasonable and combative, demanding too much, what is the best course of action for an adjuster wanting to advance a truly fair settlement and meet fiduciary duties to his or her employer?

Cameron Rose, Senior Vice President, Chubb Specialty Insurance
Feature Legal

D&O on Alert

May 1, 2015 Cameron Rose, Senior Vice President, Chubb Specialty Insurance

Directors and officers at Canada’s publicly listed companies face personal liability as a result of unfolding trends related to securities, environmental and cyber issues. But a well-conceived mix of risk management processes and risk transfer tools can help protect both companies and their directors and officers.

Feature AssociationsLegalMergers and Aqcuisitions

Attack of the Clones

May 1, 2015 Greg Meckbach, Associate Editor

Criminals are getting more sophisticated at cloning vehicle identification numbers. But because there is no single tool specifically designed to detect cloning, some consumers who buy vehicles do not realize they are actually stolen or declared irrepairable, often leaving insurers on the hook.

Peter Hohman, President and Chief Executive Officer, Insurance Institute of Canada
Feature

Managing Cyber Threats

May 1, 2015 Peter Hohman, President and Chief Executive Officer, Insurance Institute of Canada

A new report by the Insurance Institute of Canada takes a broad look at cyber risk and suggests how Canadian property and casualty insurance organizations can bolster their own cyber security and protect themselves in cyberspace.

Rocco Neglia, Vice President of Claims, Economical Insurance
Feature Mergers and Aqcuisitions

Sustainable Repair

May 1, 2015 Rocco Neglia, Vice President of Claims, Economical Insurance

A clear commitment to using sustainable practices is something insurers are looking for in their collision repair partners, who themselves can benefit by being ready to meet consumer needs in the unfolding low-carbon economy and investing in an approach that could translate into a long-term competitive advantage.

Larry Gilbertson, arbitrator/appraiser/mediator/umpire, Arbitration and Mediation Services (ADR) Canada Ltd.; founder, Gilbertson Davis LLP
Feature Legal

Ongoing Adjustment

May 1, 2015 Greg Meckbach, Associate Editor

As a bread delivery driver in the 1950s, Larry Gilbertson’s career choices were wide open. Interested in many things, the six-decades insurance veteran availed himself of quite a few of those choices.

1a Garth Pepper, incoming president, Liberty International Underwriters Canada
Feature

Moves and Views

May 1, 2015 by Canadian Underwriter

1 Liberty International Underwriters Canada announced in April the appointment of Garth Pepper [1a] as president, replacing Mike Molony [1b], who is retiring and has served as LIU Canada president since 1999. Pepper most recently was senior vice president of

Glenna Boudreau, President, Insurance Brokers Association of Nova Scotia
Feature Mergers and Aqcuisitions

Flood of Options

April 1, 2015 Glenna Boudreau, president; and Karen Slaunwhite, executive director, Insurance Brokers Association of Nova Scotia

With the increase in water-related events, insurers have responded in a number of ways, including by introducing higher premiums and exclusions. Consumers must take steps to ensure they are prepared and to seek out advice that will help them mitigate losses should an adverse event occur.

Ralph Palumbo, Vice President, Ontario, Insurance Bureau of Canada
Feature AssociationsLegalMergers and Aqcuisitions

The War on Staged Collisions

April 1, 2015 Ralph Palumbo, Vice President, Ontario, Insurance Bureau of Canada

The “car accident business” is not only big and expensive, it is ever-changing and ever-evolving. A co-ordinated campaign by all players in the property and casualty industry is critically important to gain ground and drive back auto insurance fraud estimated to cost more than $1 billion a year in Ontario.