Views (March 01, 2006)
March 1, 2006 by Canadian UnderwriterThe Insurance Institute of Ontario’s 107th Convocation and Awards Night acknowledged the achievements of nearly 400 CIP and FCIP graduates on Jan. 26, 2006, at the Metro Toronto Convention Centre. More than 1,300 guests cheered on the most recent graduates…
Auto insurers can access cheaper replacement parts
February 15, 2006 by Canadian UnderwriterParts Direct, the wholly owned subsidiary of AutoWorks International Ltd., has fully designed, developed, and tested its PartScan software so that it is now available for ‘live’ installation and network systems integration with insurance company clients. Testing of the software…
RIFCO to provide loans through CARSTAR
February 3, 2006 by Canadian UnderwriterRIFCO INC. (TSX.V: RFC) has signed an agreement with CARSTAR Automotive Canada (CARSTAR) to offer repair loans through more than 110 stores across Canada.Doug Decksheimer, RIFCO’s vice president of marketing, said “RIFCO is proud to announce a strategic alliance with…
Canadian economy faces negative pressures
January 30, 2006 by Canadian UnderwriterA trend towards the reduction of Canadian bankruptcies in 2006 is on the horizon but global trade credit insurer Euler Hermes says the Canadian economy will still face negative pressures from several sources, including export countries, regional trends, and structural…
Zurich transaction terminated
January 16, 2006 by Canadian UnderwriterZurich Financial Services Group’s wholly owned Universal Underwriters Group (Universal Underwriters) will not be sold to an investor group led by the private equity investment firm Hellman & Friedman LLC (H&F), according to a recent agreement made between Zurich and…
The Measure of Performance
January 1, 2006 Lee Smith, Director of CertifiedFirst Network, PPG Canada Inc.Many insurance companies have embraced the concept of direct repair programs to handle automobile physical damage claims. In Canada, this often involves tapping into a nation-wide network of collision repair shops. But how closely are insurers evaluating key measurements like cycle time, severity control and customer satisfaction? Are they getting proven performance from their repair shop networks – and their own internal operations?
Views (January 01, 2006)
January 1, 2006 by Canadian UnderwriterClearing their closets for a good cause, members of the insurance industry formed a clothing collective that donated over 1,800 lbs of gently used women’s business clothing and accessories to the first annual industry clothing drive to benefit Dress For…
Views (December 01, 2005)
December 1, 2005 by Canadian UnderwriterBoys, girls and ghouls alike gathered this ghastly October, with canned food offerings in claw, at the York Event Theatre to celebrate All Hallows Eve at Enterprise Rent-A-Car’s 4th annual Halloween costume party. Not only was the night a fabulous…
Views (November 01, 2005)
November 1, 2005 by Canadian UnderwriterThe 11th Annual Crawford Adjusters Canada Charity Golf Tournament was once again a super success, raising over $10,000 for the Women in Insurance Cancer Crusade (WICC) through the Company’s charity, Crawford Cares. The event was filled with a group of…
Large company insolvency increasingly common
October 26, 2005 by Canadian UnderwriterThe recent rumblings about large companies possibly seeking bankruptcy protection should serve as a warning to the Large company insolvency that is sweeping the market may hurt smaller businesses and, according to global trade credit insurer Euler Hermes Canada, the…
Belron Canada buys Autostock glass operations
September 7, 2005 by Canadian UnderwriterBelron Canada Inc., a Montreal-based subsidiary of Belron S.A., a vehicle glass repair and replacement company, has signed an agreement to acquire the Canadian glass operations of TCG International Inc.’s Autostock International Division, headquartered in Burnaby, British Columbia. The transaction…
Moves (September 01, 2005)
September 1, 2005 by Canadian UnderwriterSwiss Reinsurance Co. has appointed Jacques Aigrain as the new chief executive officer. Aigrain, who most recently served as deputy CEO of the company, will succeed John Coomber upon his retirement as CEO in December. Coomber will be nominated for…