Segment
Brokers
Making it Happen
June 2, 2012 Renee Durepos, Vice President, Client Services, Keal TechnologyIndustry stakeholders are working together to achieve technology solutions in the spirit of SEMCI – solutions that will allow brokers to work in the same manner regardless of the carrier with which they work.
Taking Cover
June 2, 2012 Angela Stelmakowich, EditorHigh-profile explosions at B.C. sawmills have seen some insurers bail out of the beleaguered market segment, although others seem poised to take advantage.
Rowing in the Same Direction
June 2, 2012 Rick Orr, President, Insurance Brokers Association of Ontario (IBAO)In the P&C insurance industry, true success in technology is achieved only when industry stakeholders are all rowing in sync – and in the same direction.
The Leaky Bucket
June 2, 2012 David Gambrill, Senior EditorTo prevent business leakage from the broker channel to direct writers, brokers should embrace technology and push for advanced consumer metrics to help keep tomorrow’s customers within the broker channel.
Protecting Against E&O Claims
June 2, 2012 Frank Cain, Michael Palermo & Associates Insurance Ltd.I would like to comment on the March 2012 Canadian Underwriter article entitled, ‘How Much is Enough?’ When I look at the question, I want to add: “…to avoid underinsurance and a possible broker E&O claim.” The possibility of an…
Moves & Views
June 2, 2012 by Canadian Underwriter1Susan McGrath [1] is the newest chair of the board of directors for LawPRO, the professional indemnity company for Ontario’s lawyers. As a sole practitioner in Iroquois Falls, McGrath has served as president of the Cochrane Law Association, the Ontario…
IBC deploys CAMP to Thunder Bay
May 31, 2012 by Canadian UnderwriterInsurance Bureau of Canada (IBC) has deployed its Community Assistance Mobile Pavillion (CAMP) to Thunder Bay after the city was swamped by 91 mm of rain in just 18 hours. CAMP is a national program that provides disaster victims with…
CSIO recognizes three-company collaboration for linking broker-carrier systems
May 31, 2012 by Canadian UnderwriterThe Centre for Study of Insurance Operations (CSIO) has recognized a three-company collaboration that is helping brokers do their jobs more efficiently. At its annual meeting on May 29, CSIO president Catherine Smola presented the technology award for the innovative…
Auto Reforms
May 31, 2012 Craig HarrisKey provinces across Canada have fundamentally altered their auto insurance systems with the twin goals of achieving rate stability and predictability in claims costs. The big question, which was addressed at this year’s CIAA/CICMA annual joint conference in February, is – did these reforms meet their purpose? It’s a simple question, with complex answers for independent adjusters and claims professionals
Sarina Visram joins CSIO as manager of member relations
May 29, 2012 by Canadian UnderwriterSarina Visram has been named manager of member relations and communications for the Centre for Study of Insurance Operations (CSIO). In her new role, Visram will work to develop and implement programs and activities that improve membership engagement and promote…
Reshuffling of market share anticipated: Intact’s Gagnon
May 23, 2012 by Canadian UnderwriterIntact Financial Corporation president Louis Gagnon repeated his prediction that about 25% of the existing property and casualty insurance market share will change hands in the next five to 10 years. “There will be a reshuffle of a quarter of…
Slave Lake, Alberta fire may not be the last of its kind: expert
May 22, 2012 by Canadian UnderwriterAlberta’s fire season last year, which included more than $700 million in insured damages in Slave Lake, may not be the last of its kind. “The 2011 fire season may well be the forerunner of future fire seasons,” wildlife behaviour…