Segment
Risk Management
Colorado State researchers maintain forecast for active Caribbean/Atlantic hurricane season
August 3, 2011 by Canadian UnderwriterResearchers at Colorado State University’s meteorology project are calling for a “very active” hurricane season in the Caribbean in 2011. Scientists refer to the ‘accumulated cyclone energy’ (ACE) of the region. The ACE is a measure of a named storm’s…
FirstOnSite appoints new directors to its Western team
August 2, 2011 by Canadian UnderwriterFirstOnSite Restoration has beefed up its Western leadership team with the appointment of two new directors. Scott McFie is now director of commercial business development in Western Canada. McFie recently served as senior vice president of international business development and…
AccuWeather taps into Environment Canada for its desktop mapping system
August 2, 2011 by Canadian UnderwriterAccuWeather Inc. has added comprehensive Canadian warnings and radar in an upgrade to its SkyGuard Online.The interactive mapping system allows businesses to track how weather will affect their operations. Weather conditions include lightning, flooding, tornados, hail, hurricanes, ice, snow and…
MarketPlace
August 1, 2011 by Canadian UnderwriterCanadian 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…
Inaugural Belfor Cancer Ride
August 1, 2011 by Canadian UnderwriterThe 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…
Strengthening the Base
August 1, 2011 David Gambrill, EditorRIMS President Scott B. Clark is a big believer in strengthening the organization’s local chapter base and expanding the political influence of risk managers, which may be of benefit to Canadian RIMS chapters in the future.
Relay for Life
August 1, 2011 by Canadian UnderwriterThe 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…
Untangle Your Supply Chain
August 1, 2011 Ken Lavigne, Senior Vice President, Canada Division, FM GlobalGeopolitical, regulatory, financial and other risks tend to dominate the supply chain conversation, leaving supplier property risk as a potential blind spot.
Captivating Canadians with Tax Agreements
August 1, 2011 by Canadian UnderwriterTax Information Exchange Agreements (TIEAs) provide an opportunity for Canadian firms, many of which have located captives in countries sharing a double-taxation treaty with Canada, to re-domicile their operations to alternative jurisdictions offering commercial and tax advantages.
Valuing Resiliency
August 1, 2011 by Canadian UnderwriterIn a value-driven approach to managing supply chain resiliency, risk is viewed in the context of how the organization makes money.
Expanded Horizons
August 1, 2011 Vanessa MarigaRisk 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.
Ties That Bind, Tweets That Defame
August 1, 2011 by Canadian UnderwriterDefamation liability risk has increased exponentially in this brave new world of social media.