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B.C. Appeal Court dismisses appeal in tragic case involving co-insured and “intentional act” policy exclusion

June 8, 2011 by Canadian Underwriter

The B.C. Court of Appeal has dismissed an appeal from a February 2010 B.C. Supreme Court case, Beck v. Johnston, Meier Insurance Agencies Ltd., which establishes the onus on brokers to advise clients of gaps in homeowners’ coverage, particularly when

News InsuranceMergers and Aqcuisitions

U.S. firm offers Web and agent portal services intended for small- and mid-sized companies

June 6, 2011 by Canadian Underwriter

Insurance Data Processing Inc. (IDP), a property and casualty management system company in the United States, has released two technology services – a Web site service and a new agent portal – tailored to help small and mid-sized insurance companies

News Earnings / RatingsInsurance

Western Financial Group acquires three Western Canadian independent brokerages

June 3, 2011 by Canadian Underwriter

Western Financial Group has acquired three independent brokerages based in Western Canada – Keenleyside Insurance Services in Terrace, B.C., Berwyn Insurance in Berwyn, Alberta and Bell & Cross Insurance Agency Ltd. in Winnipeg, Manitoba.The Winnipeg and Terrace agencies will be

News Insurance

Zurich launches policy for B.C. transportation marketplace

June 1, 2011 by Canadian Underwriter

Zurich Canada has launched a package policy specifically designed for British Columbia’s transportation marketplace.The British Columbia Transportation (BCT) is an integrated plan that offers:• excess auto liability, heavy equipment physical damage cover, cargo and commercial general liability coverage combined in

News Insurance

ClearRisk and IBAO partner to provide risk management planning to brokers

June 1, 2011 by Canadian Underwriter

ClearRisk Inc. and the Insurance Brokers Association of Ontario (IBAO) have formed a strategic partnership aimed at bringing formalized risk management planning to IBAO members.Under the terms of the partnership, IBAO members are extended preferred pricing options for ClearRisk’s flagship

Wes Gill
Feature AssociationsMergers and Aqcuisitions

Predictive Fraud Fighting

June 1, 2011 Wes Gill and James D. Ruotolo

Integrating social network analysis tools and predictive analytics into a broader fraud framework is key to an organization’s ability to detect fraudulent claims.

Figure 1
Feature Mergers and Aqcuisitions

The Interconnected Insurer

June 1, 2011 Jamie Rodgers and Clinton D'Souza

Today’s interconnected insurer is much better able to access new sources of information and data; collaborate virtually with suppliers and partners; share data cooperatively and allow customers to serve themselves efficiently.

Feature LegalMergers and Aqcuisitions

Touching the Cloud

June 1, 2011 Craig Harris

The property and casualty insurance industry is in the early stages of discovering and applying cloud computing services. Many say a maturing market in cloud services could generate large returns in areas such as claims processing, collaboration and customer relationships.

Mike Mahoney
Feature

The Holy Grail of Claims Processing

June 1, 2011 Mike Mahoney and Tom Zito

For insurers, straight-through processing is as close as it comes to the ‘Holy Grail’ of a no-touch, fully automated claims-handling process.

Auto Reforms and Broker Liability
Feature Mergers and Aqcuisitions

Auto Reforms and Broker Liability

June 1, 2011 Jennifer Faircloth, Partner, Borden Ladner Gervais LLP

Adhering to best practices will help to reduce a broker’s exposure to liability following the introduction of Ontario’s auto reforms.

Eating Another Channel's Lunch?
Feature

Eating Another Channel’s Lunch?

June 1, 2011 David Gambrill, Editor

Direct writers maintain technology favours them in their competition with the broker channel

Karl Greenlaw
Feature

Bye, Bye Portals

June 1, 2011 Karl Greenlaw, CEO, Brovada Technologies Inc.

Streamlined upload functionality is becoming the order of the day, and company portal technology is falling by the wayside.