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OSFI outsource list

January 1, 2001 by Canadian Underwriter

Outsourcing has burst out of the margins for many property and casualty insurers. The Office of the Superintendent of Financial Institutions (OSFI) lists examples of existing and proposed outsourcing arrangements: .Information system management and maintenance (software development, data entry and…

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CRACKING the CASE: INVESTIGATING INSURANCE FRAUD

November 1, 2000 Vikki Spencer

With the rise of high-tech crime fighting equipment and the experts to match the tools, insurers are discovering new ways to crack down on fraud. Far from a victimless crime, fraud accounts for higher premiums and higher taxes as fake…

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Better Insuring With Information

August 1, 2000 David Yeo, Ph.D., senior business solutions specialist of data m

There’s an old saying “what you don’t know can’t hurt you.” But, in the insurance business today, this adage no longer holds true–what you don’t know can definitely hurt your organization’s bottom-line. The danger comes in not knowing some of…

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“DO or DIE”, strategy message is to embrace the TECHNOLOGY FUTURE

September 1, 1999 Sean van Zyl, Editor

Whether traditional players in the property and casualty insurance industry continue to hold the lion’s share of business will depend on their willingness to embrace consumer-driven technologies and boost productivity, delegates attending the recently held Strategy Institute conference were told. In particular, the pressure of higher consumer expectations coupled with increased competition from new players to insurance will be felt mostly in the personal lines arena, the speakers warn.

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that TECHNOLOGY THORN

September 1, 1999 Sean van Zyl, Editor

With the conference and seminar season once again shifting into full drive, the message remains consumerism. Nothing new — the insurance industry has become almost anaesthetized by the repeated urgency to address consumer expectations. However, the latest round of discussions…

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MINERS looking for global risk partners

April 1, 1999 Ken Fedosen and Eugene Iacob of Zurich Global Energy

Despite plummeting international commodity values — which over the last decade have made mining equities less than the darlings of stock markets — the Canadian mining industry is expanding at a healthy clip. It is estimated that 100 new mines…

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Financial MANAGEMENT LIABILITY

February 1, 1999 Shelley Boyes

Bugs, big deals, bad spills and a certain public official’s sexual high crimes and misdemeanors were all key factors driving the corporate insurance market throughout 1998. And the same scary financial exposures will likely be very much in the minds…