Weathering the storm
March 1, 1999 Sean van Zyl, EditorThere are few leaders in the Canadian property and casualty insurance industry applying an optimistic view of business and earnings growth in 1999. In fact, premium growth across the lines is unlikely to exceed the country’s expansion of gross domestic…
Skills in risk
March 1, 1999 Richard Saylor, a risk management consultant and former risk & iEvery end is a new beginning. This has never been truer than in today’s fast paced world where everyone and everything is constantly being reinvented. As I look at my career in the risk management field, I can see that…
AutoRate Warning
February 1, 1999 Linda Matthews, COO of Royal & SunAllianceOntario’s auto insurance regulations under Bill 59, and the latest revisions under Bill 90, have created a unique legislative environment in the provincial governing of consumer insurance. So much so that several provincial insurance regulators have eyed the legislation as…
Solutions from the Ashes
February 1, 1999 Lowell ConnThe Synchron initiative, once heralded as the industry’s ultimate electronic interface solution between companies and point of sale, collapsed last year. From its ashes have risen several alternative solutions, one of the most prominent being The Freedom Alliance, a strategic…
Hi-tech streamlines car rental process
February 1, 1999 Matt Darrah, vice president of Enterprise Rent-A-Car, TorontoConsistency and convenience have been earmarked as the key factors likely to satisfy the consumer of the future. The rapid advancements made on the technology front over recent decades are largely responsible for this shift in consumer expectations. To survive…
SIZING UP IN: a TUG of WAR
January 1, 1999 Lowell ConnA battle of brawn and wits has begun among service providers to the insurance industry in response to the rapid consolidation taking place at the primary company level.Faced with a changing landscape, service providers are looking for new opportunities and…
Bill 59 revised
January 1, 1999 by Canadian UnderwriterThe legislative fine-tuning of Ontario’s auto insurance product under Bill 59, which carried through last month with the passing of Bill 90, was generally lauded by insurance, legal and medical professionals at a review seminar held by the Insurance Institute…
THE ADJUSTERS’ DIPLOMAT
January 1, 1999 by Canadian UnderwriterCounting both independent and in-house insurance adjusters among its member base, the Ontario Insurance Adjusters Association (OIAA) requires a special breed of leader. The captain of this team must respect and grasp the sometimes contradictory priorities of its different faction members. Garth Roscoe is the leader as well as referee on the adjusting field.
RIBO meeting stresses industry SELF-REGULATION
January 1, 1999 Sean van Zyl, EditorThe last six years have seen dramatic change in the structure and method of business of the property and casualty insurance industry. These “winds of change” sweeping through the industry are primarily a result of the unprecedented consolidation activity and…
Claims management and the Environment
January 1, 1999 Cecil Jaipaul,In the early days of environmental underwriting companies were often unaware of the full risk involved. For many companies the risks they took on and subsequent claims were not foreseen. For others, while the possibility of large claims may have…
Tossed Salad
January 1, 1999 Sean van Zyl, EditorThe change occurring in traditional business roles, and to some extent the outright turmoil this is causing in certain quarters of the property and casualty insurance industry, continues to hold centre stage at professional gatherings. Preparing for the future, dealing…