Travelers Guarantee Company of Canada (“Travelers”) has designed a new policy to give improved protection to mineral exploration companies.“Travelers Mineral Exploration Policy helps junior mining companies and their executives deal with the multitude of exposures they face in their business,”…
The current boom in steel demand has triggered steep rises in insurance rates and deductibles in this sector, according to a recent report by Benfield.“The dynamics underpinning this move could also prompt similar action on the mining sector,” the report…
Integro (Canada) Ltd. has appointed Brian Cameron as principal and executive broker for the Toronto office. Cameron joins Integro from Marsh Canada, where he served as a senior vice president. He has 35 years of experience as a property and…
Oil Insurance Limited (OIL), a mutual insurance company in the energy industry, has announced that nine of its more than 83 members have elected to withdraw from OIL and not renew their policies effective Jan. 1, 2007.None of the nine…
Bateman Chapman, Canada has acquired Toronto-based MGI Loss Adjusters Inc. “MGI brings to Bateman Chapman a group of experienced loss adjusters specializing in the areas of commercial/industrial claims including major mining, course of construction, liability, energy and utility losses in…
Hey, what a show!” I was standing at the entrance of our city’s largest garden centre. Stretched out on all sides of me were thousands of tulips of every variety, in gently waving ranks, in every color of the rainbow.…
Guy Carpenter & Company, Inc., a global risk and reinsurance specialist, has announced the development of a new online risk management platform, i-aXs, that is designed to reduce risk management analysis and reporting times from weeks to mere minutes.The new…
Benfield Corporate Risk, a corporate insurance and risk intermediary, has recently opened a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian operations will be managed by Richard Cutfield. Cutfield has more than 25 years of experience in…
Benfield Corporate Risk, the corporate insurance and risk intermediary catering for the complex risk management and transfer needs of the corporate sector worldwide, has announced the opening of a Canadian office in Calgary. Incorporated Jan. 19, Benfield Corporate Risk’s Canadian…
Insurance Systems Inc. (ISI), a provider of web-based solutions to the global property and casualty insurance industry, today announced the sale of WebWriter Inspection to The Wawanesa Mutual Insurance Company headquartered in Winnipeg, Manitoba.“Wawanesa is one of Canada’s leading insurers,”…
Well Dave, it doesn’t look as we’ll be getting to the West Coast tonight after all.” My boss Fred Wilson and I were walking towards the airport lounge. We had been sitting together on a plane when, halfway to our…
Strategy International Insurance Group, Inc. (OTCBB: SGYI) (“Strategy”) has announced that its subsidiary, Strategy Holding Company Limited, has finalized the transaction for the sale of $700 million of preferred stock of Strategy Holding Company to Grupo Lakas S.A., a Panamanian…