Keyword
RIMS Canada Conference
Where DEI training doesn’t work
October 6, 2022 by Alyssa DiSabatinoIncorporating diversity, equity and inclusion (DEI) successfully into the workplace has to come from a genuine desire to improve a workplace culture rather than as a way to check boxes, speakers said in a RIMS Canada Conference panel discussion. “Often…
Why risk managers are feeling a sense of urgency
September 29, 2022 by Jason ContantThe COVID-19 pandemic has changed the business and risk landscape dramatically over the past couple of years and created a sense of urgency to spread risk knowledge and education, the new CEO of RIMS said in an interview with Canadian…
Why your clients’ companies need to start ‘friendshoring’ their supply chains
September 28, 2022 by Alyssa DiSabatinoSupply chain disruptions can be circumvented if businesses start to engage in ‘friendshoring,’ one risk expert told the RIMS Canada Conference in Halifax. “Friendshoring is a polite way of saying the only people you can have in your supply chains…
What your commercial clients forget to do after a cyber breach
September 27, 2022 by Alyssa DiSabatinoCommercial clients who suffered a cyber data breach may be inclined to quickly pay the ransom and get back on their feet, but brokers should advise their clients not to forget about post-breach communication with their customers and employees. If…
Who is putting your client’s company at risk for a cyber scam?
September 22, 2022 by Alyssa DiSabatinoTwo-in-five employees surveyed (42%) said they’ve seen an increase in cyber scam attempts over the last year, yet only a third of surveyed employees (34%) reported their company provides mandatory cyber security awareness training, finds new research by the Insurance…
Do’s and don’ts for dealing with global warming claims
September 21, 2022 by Alyssa DiSabatinoInsurers predict the frequency and sustainability of climate change-related litigation could soon become a significant issue. But there are ways for risk managers to pursue coverage effectively when their businesses are faced with climate-related claims, such as quantifying risk, working…
Solutions for supply chain disruptions that will stop clients from “panic buying”
September 19, 2022 by Alyssa DiSabatinoCompanies panic-buying supplies is one factor adding further stress to the supply chain, says one expert in a panel discussion at RIMS Canada Conference in Halifax. But solutions—like contingent business interruption (CBI), shipping via multiple methods and shrinking the supply…
Industry hasn’t done a great job of service: broker execs
September 16, 2022 by Alyssa DiSabatinoThe Canadian P&C industry hasn’t done a great job of service, says one industry CEO in an executive panel discussion at RIMS Canada Conference in Halifax. What’s the good news? The industry can meet and maintain service levels through collaborative…
P&C industry should consider “under-hiring” to fill talent gap: RIMS panel
September 15, 2022 by Alyssa DiSabatinoP&C insurance is still struggling to backfill employees, as executives retire and the Great Resignation directs workers to other industries, industry experts told delegates attending a RIMS Canada Conference panel in Halifax. Possible solutions include turning to students (via apprenticeships),…
Why your business should use integrated models of risk
September 13, 2022 by Alyssa DiSabatinoIn the midst of geopolitical volatility, a changing climate, inflationary pressures, emerging energy products and more, the best thing risk committees can do is build integrated models of risk, says Janice Gross Stein, founding director of the University of Toronto’s…
What risk managers want from their brokers
September 26, 2019 by Adam MalikAs the market transforms, risk managers are looking for their brokers to keep them up to speed on market dynamics and why they are happening, a panel discussion said. Times are more challenging for everyone in the insurance industry, which…
Why now is the time to shine for risk managers
September 24, 2019 by Adam MalikFacing increasingly difficult market conditions means now’s the time risk managers can prove their true worth, one expert told a recent panel. Steve Pottle, director of risk management at Thompson Rivers University in Kamloops, B.C., said that as renewal costs…