RIMS reveals restructuring
June 1, 2000 Sean van Zyl, EditorThe Risk and Insurance Management Society 2000 Conference & Exhibition, which was recently held in San Francisco, drew a record number of more than 12,000 attendees and exhibitors. The event marked the society’s 50th anniversary as the North American body…
Following the right track
June 1, 2000 Vikki SpencerAuto manufacturers and property and casualty insurers recently joined forces at the AIM 2000 Conference held in Mississauga to combat cost-pressures and identify means of better serving their customers. Highlighting the agenda were the use of research, design and rating…
Coming Events (June 01, 2000)
June 1, 2000 by Canadian UnderwriterThe Export Development Corporation (EDC) has earmarked $1 million over three years for an International Studies Scholarship, to be administered by the Association of Universities and Colleges of Canada. Undergraduate students pursuing degrees in business or economics focussing on international…
Slow and steady wins the race
May 1, 2000 Paul Kovacs, Senior vice president at the Insurance Bureau of CaIn April, the Canadian government stopped underwriting domestic credit insurance. This is a welcome response to our ongoing industry lobby. This breakthrough shows that a persistent and sustained effort is the key to eventually convince governments to also exit other insurance businesses across Canada.
Regulators circling THE ADJUSTERS
March 1, 2000 Lowell ConnHarmonization efforts on the east coast have not gone unnoticed by regulators nationwide, with most provincial legislators carefully watching Insurance Act rewrites across the country in an effort for more standardized rules and regulations. Most recently, the regulatory sights have…
RISK MANAGEMENT STRATEGIES BEYOND
March 1, 2000 Sean van Zyl, EditorSusan Meltzer, president of the Risk and Insurance Management Society (RIMS) for the 1999/2000 term, bridled in her opening comments in the panel discussion to a previous reference made by a seminar speaker at the RIMS’ “Operational Risk Management” conference…
Up In Smoke
February 1, 2000 Sean van Zyl, EditorThe fact that one of Hollywood’s recent creations “The Insider”, which is based on behind-the-scenes dirty tricks employed by opposing parties in the U.S. anti-tobacco wars, achieved such box office success clearly indicates rising public interest in tarring cigarette manufacturers…
Your Frontline Partner
January 1, 2000 Sam Malatesta Vice President, Marketing & Insurance Relations, CHow insurers treat customers when it counts most will be a critical marketing element that will lead to brand recognition and brand loyalty for all those involved in the insurance distribution channel.
Political Tremors
January 1, 2000 Sean van Zyl, EditorWelcome to a bright new bushy-tailed beginning of a year, or for that matter a new millennium, depending on your sentimental versus mathematical calculation. And, indeed, it would appear to be a bright year ahead, with fat company surpluses on…
The Edge of Claims Handling
January 1, 2000 AxiomAs the company’s senior marketing representative, this occasion was a command performance for me. My company was unveiling its new and improved 24-hour claims service, which included a fleet of modern cell phone, fax and computer-equipped cars to take our…
Scrambling for loose business
December 1, 1999 Lowell ConnSports insurance is a specialty-lines oddity. It is unprofitable business marred by rising loss payouts not accurately balanced by the premiums generated. It is a competitive market where premium prices should be two or three times their current rate, insiders…
NOT ALL SPORT UNPROFITABLE
December 1, 1999 by Canadian UnderwriterNot all of the specialty sports lines are unprofitable it appears. General liability coverage has been good business for Canadian managing general underwriters K&K Insurance, who write $50 to $70 million in premiums annually safeguarding teams against litigation surrounding spectator…