Segment
Risk Management
Saskatchewan Mutual Insurance implements iter8 for broker download initiative
October 4, 2011 by Canadian UnderwriterSaskatchewan Mutual Insurance has selected iter8’s ‘communic8′ for its independent broker download initiative for multiple broker management systems.The implementation of communic8 will enable independent brokers to receive accurate, complete download services, a Saskatchewan Mutual release says.Iter8 will use communic8 to…
Hub snaps up Coastal Insurance Services in B.C.
October 3, 2011 by Canadian UnderwriterHub International Limited (Hub) has announced that its Hub International TOS (Hub TOS) British Columbia operating unit has acquired the shares of Coastal Insurance Services Ltd. (Coastal).Coastal is a Port Moody, British Columbia (B.C.)-based insurance brokerage firm that has specialized…
Tropical Storm Ophelia passes through Newfoundland, leaving behind floods in some communities
October 3, 2011 by Canadian UnderwriterTropical Storm Ophelia weakened prior to crossing the southern Avalon Peninsula of Newfoundland in the morning of Oct. 3, the Canadian Hurricane Centre reported.As of 3 p.m. on Oct. 3, the CHC reported the storm had tracked about 325 km…
Dr. Gordon McBean elected president of International Council for Science
October 3, 2011 by Canadian UnderwriterDr. Gordon McBean, director of policy for the Institute for Catastrophic Loss Reduction (ICLR), was elected president of the International Council for Science (ICSU) during the council’s annual general assembly in Rome, Italy on Sept. 30.Under the organization’s rules, McBean…
Relationship found between risk management maturity and financial performance: Aon
October 3, 2011 by Canadian UnderwriterA positive relationship exists between the maturity of an organization’s risk management framework and its financial performance, according to early findings from the Aon Risk Maturity Index.Aon launched the index in partnership with the Wharton School of the University of…
Zurich launches commercial real estate product
October 3, 2011 by Canadian UnderwriterZurich Canada has launched a product that focuses on the risk management needs of commercial real estate owners and managers in Canada. The Real Estate Advantage provides a bundled product that includes more than 35 additional property coverages, builder’s risk…
A.M. Best Company’s Insurance Market Briefing
October 1, 2011 by Canadian UnderwriterA.M. Best Company’s 2011 Insurance Market Briefing-Canada was held in Toronto on Sept. 8. More than 250 insurance executives attended to hear A.M. Best rating analysts discuss the impact of current economic conditions and rating trends on members of the…
MarketPlace
October 1, 2011 by Canadian UnderwriterClaims Hurricane Irene blows through Quebec and Maritime provinces The verdict is still out on insured losses caused by Hurricane Irene’s three landfalls, but loss estimates for the Caribbean range as high as $1.1 billion. The remnants of Hurricane Irene,…
Smaller-Sized Risk Management
October 1, 2011 by Canadian UnderwriterThe importance of risk management for small/medium enterprises.
The Fire This Time
October 1, 2011 David Gambrill, EditorA recent earthquake west of Vancouver Island has again raised the debate about whether fire following should be part of a comprehensive earthquake insurance coverage.
Moves & Views
October 1, 2011 by Canadian UnderwriterReid French has been appointed CEO of Applied Systems. He succeeds James P. Kellner, a 26-year veteran of Applied Systems, who has served as chairman and CEO since 1998. Kellner is taking on the role of non-executive chairman of the…
CIP Society’s Annual FCIP Golf Tournament
October 1, 2011 by Canadian UnderwriterThe GTA Fellows and their guests gathered for the CIP Society’s annual FCIP Golf Tournament on Sept. 13, 2011 at Clublink’s Wyndance Golf Club in Uxbridge, Ontario. Everyone had a fabulous time despite multiple weather fluctuations throughout the day. A…