Charting a Course
January 1, 2012 Vanessa Mariga, Associate EditorOntario Insurance Adjusters Association (OIAA) president Brett Colville, an avid sailor, is navigating the association through changing industry dynamics.
Winds of Change
November 1, 2011 David Gambrill, Editor; Vanessa Mariga, Associate EditorCanada’s P&C industry has been buffeted by changes in capital requirements, interest rates, increased regulation, consumer purchasing habits and class action liability trends.
Consolidation and Technology
October 1, 2011 Karl Greenlaw, CEO, Brovada Technologies Inc.How brokers can best determine where to place their portfolios
Playing Fair
October 1, 2011 Vanessa MarigaBrokers and industry stakeholders across Canada generally support the introduction of Administrative Monetary Penalties (AMPs) in jurisdictions that do not currently have them – particularly in Ontario. AMPs are viewed as a middle ground between a “slap on the wrist” and quasi-criminal proceedings, enabling insurance regulators to issue a penalty proportionate to the infraction.
Destiny’s Broker
October 1, 2011 David Gambrill, EditorRick Orr, president- elect of the IBAO, has a family tradition in the broker business that traces back to the late nineteenth century.
Smaller-Sized Risk Management
October 1, 2011 by Canadian UnderwriterThe importance of risk management for small/medium enterprises.
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.
Falling Under
July 31, 2011 Laura KupcisWhile more than 50 per cent of all claims in Ontario are currently falling under the MIG, this could have serious cost ramifications in future if case law does not favour insurers who are applying the MIG prior to the renewal date.
Fishing for Commercial MarketShare
July 1, 2011 Brenda Rose, Vice President, Firstbrook Cassie & Anderson Ltd.Canadian companies are using a variety of different strategies to reel in a greater market share in Canada’s profitable commercial lines.
Honey, I Shrunk the Market
July 1, 2011 David Gambrill, EditorCanada no longer seems insulated from global catastrophes that have shrunk the reinsurers’ pool of capital worldwide over the past two quarters. As a result, primary insurers in Canada may be looking at reinsurance rate increases as of Jan. 1, 2012 renewal season.
Controlling your Own Claims
July 1, 2011 Gary Tobin, Senior Specialist, Complex Risks, Aviva CanadaA primer on how to handle claims in a self-insurance market
Time for Talking
June 1, 2011 David Gambrill, EditorWhen it comes to scrapping Alberta’s industry-wide adjustment, the industry now has a golden opportunity to do what’s best for everyone