Keyword
Insurance Institute of Canada
Canada becoming less attractive option for investors: Cook
January 11, 2017 by Angela StelmakowichAnticipated less-than-stellar financial results for Canada’s property and casualty industry in 2016 will likely contribute to the market becoming less attractive to investors and absent significant improvement, it is unlikely the current level of capital will remain in the country,…
Staying the same not a sustainable approach to attracting young professionals to insurance
November 23, 2016 by Angela StelmakowichThe traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world…
Insurance Institute of Canada presents awards to Silvy Wright and Ted Teterenko
November 23, 2016 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) has awarded Silvy Wright, president and CEO of Northbridge Financial Corporation, an Honorary Chartered Insurance Professional (HCIP) designation and presented IIC volunteer Ted Teterenko with an Award of Merit. In awarding Wright (pictured right)…
The Insurance Institute of Canada elects Intact Insurance president Jean-François Blais as chair of board of governors
November 3, 2016 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) has elected Jean-François Blais, president of Intact Insurance, as chair of its board of governors. The IIC elected Blais at its 63rd annual general meeting on Oct. 25 in Charlottetown, P.E.I., the institute said…
Learning Curve
October 4, 2016 Peter Hohman, President and Chief Executive Officer, Insurance Institute of CanadaBrokers responding to a recent survey suggest that they want more education on emerging insurance products, including those associated with residential overland flood, cyber risks and the sharing economy.
Insurance Institute of Canada launches new catalogue of online courses called CE OnDemand
September 15, 2016 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) announced on Thursday that it has launched CE OnDemand, a new catalogue of online courses based on a survey of brokers’ continuing education needs. The IIC said in a press release that CE OnDemand…
Insurance industry ‘has to be ready’ for automated vehicles: Insurance Institute speaker
May 25, 2016 Greg Meckbach, Associate EditorThe rollout of fully autonomous vehicles for consumers “is quite a bit further off than we might expect,” and experts need to educate consumers about the limitations of the technology, but insurance providers should get ready over the next five…
Reduced auto insurance accident benefits could influence balance between attendant care, treatment: lawyer
May 12, 2016 Angela Stelmakowich, EditorThe reduced accident benefits under Ontario’s auto reforms may prove a shock to drivers with non-catastrophic injuries, but perhaps should also elicit concern over the potential for treatment to come second to attendant care, suggests Daniel Strigberger, a lawyer with…
Ontario auto reforms should help cut transaction costs: Cameron
May 11, 2016 by Angela StelmakowichIf things unfold as intended, Ontario’s auto insurance reforms should help reduce transaction costs that have long been an issue for the entire system, James Cameron, president of Cameron & Associates, suggested during an industry event Tuesday. “The goal of…
Insurance Institute of Canada issues “call to action” on driverless vehicles
May 5, 2016 by Canadian UnderwriterClear determination of responsibility is essential to ensuring effective insurance coverage of driverless vehicles, but the “next 10 years may have less clarity about responsibility than the past 40 or 50 years,” according to a new report released on Thursday…