Keyword
engineering
Undisputed Neutrality
December 9, 2020 Adam Malik, Managing EditorIn a world where insurers are amalgamating claims service offerings, third-party forensic engineers can bring to the table a neutral, unbiased perspective that is void of any potential for a conflict of interest, says Chris Giffin, chief executive officer of Haag Canada.
RSA Canada CEO outlines the biggest game-changers in engineering insurance
October 3, 2019 by Greg MeckbachSensors that gather data and feed it into computer systems could change the way engineering risks are assessed and underwritten by insurers, suggests Martin Thompson, president and CEO of RSA Canada. “We are going data crazy,” Thompson said Thursday while…
The new trend for handling disputed property claims
June 24, 2019 by Greg MeckbachWhat happens when your client’s property is damaged and the insurer disagrees with the claimant on how much work is needed to restore it? Some of these claims disputes can result in lawsuits, when the claimant brings the insurer to…
JENSEN HUGHES Accelerates Growth with Addition of Forensics Services to Edmonton Office
May 28, 2018 by Alexandra JonesEDMONTON, AB, May 28, 2018 /insPRESS/ – JENSEN HUGHES, the global leader in safety, security and risk-based engineering and consulting services, is proud to announce the addition of Forensics capabilities to its Edmonton office. In addition to six other offices…
Absence of large losses contributes to 20.6-point drop in Q2 combined ratio for PartnerRe
August 1, 2017 by Canadian UnderwriterPartnerRe Ltd. reported a combined ratio of 87.7% during the three months ending June 30, a 20.6-point improvement over 108.3% during the same period in 2016, when Canada experienced its most expensive natural disaster ever and a loss from an…
ATB Financial joins R3 distributed ledger consortium
March 10, 2017 by Canadian UnderwriterATB Financial announced Thursday that the Alberta-based financial services provider has joined the consortium of financial innovation firm R3 to design and apply distributed and shared ledger-inspired technologies to global financial markets. The company will be collaborating with more than…
Engineering insurers’ working group calls for ‘greater risk dialogue’ on cyber threats
October 4, 2016 by Canadian UnderwriterCyber insurance coverage “should not replace” information technology security measures, and cyber risk can have an effect across engineering projects, the International Association of Engineering Insurers (IMIA) warned Tuesday. “The perception that cyber events do not cause physical damage is…
FM Global creates dedicated cyber risk engineering, underwriting units
September 26, 2016 by Canadian UnderwriterFM Global is looking to bolster its expertise in first-party cyber solutions for the benefit of its mutual policyholders with its move to form integrated engineering and underwriting units dedicated to doing just that. The move seeks to address the…