The annual FM Global/United Way Dodgeball Tournament was held on June 4. In the finals, ‘Charles Taylor Adjusters’ took on the ‘Average Winmars.’ Charles Taylor had taken the title for the past two years, but the Average Winmars won the…
Great American Insurance Group set sail aboard the Captain Matthew Flinders on June 23 for a cruise around the Toronto Harbour. The day of fun, hosted by the Property & Inland Marine Executive Liability and Fidelity & Crime Divisions, was…
The Inaugural Belfor Cancer Ride took place on June 24. The industry motorcycle event was organized to help raise funds for the Princess Margaret Hospital’s Weekend to End Woman’s Cancers event that takes place in September. The event took riders…
The 2011 version of the Canadian Cancer Society’s Relay For Life featured the largest-ever number of insurance industry participants. The relay is a tribute to the lives of loved ones who have been touched by cancer. Teams of 10 people…
Canadian Market Slave Lake wildfire ranks second-costliest insured disaster in Canadian history Insured damage caused by wildfires that ravaged much of the town of Slave Lake, Alberta in May has hit the $700-million mark, according to the Insurance Bureau of…
The Ontario chapter of the Canadian Insurance Claims Managers Association (CICMA) held its annual golf tournament at the Cardinal Golf Course in Newmarket, Ontario on June 24. This year, 296 golfers participated in the event, raising a total of $26,000…
Geopolitical, regulatory, financial and other risks tend to dominate the supply chain conversation, leaving supplier property risk as a potential blind spot.
Risk management has evolved since the financial crisis. Historically, its purpose has been perceived narrowly as a means to protect value. Now, however, its practitioners conceive risk management as a means to create value over a longer-term horizon. Concomitant with this evolution, technology has expanded, allowing risk managers to delve deeper into their companies’ risk portfolios.
The insurance business has a long way to go before truly qualifying as “green,” but initiatives such as the CSIO process for EDI policy document attachments are encouraging.
The Tax Information Exchange Agreement (TIEA) has immediately reduced the cost for Canadian companies to gain access to cutting-edge risk management products from Bermuda’s insurance centre.
Michael McLeod has been promoted to branch manager of the company’s Toronto West office. McLeod will be responsible for the daily operations of the branch office, maintaining relationships and leading a team of more than 40 professionals and administrative staff.…
The Ontario Risk and Insurance Management Society (ORIMS) held its annual golf tournament on June 21 at Deer Creek Golf Club in Ajax, Ontario. Three hundred and thirty two golfers attended the event, which included a raffle that raised $3,410…