Tele-Envision
May 1, 2015 Angela Stelmakowich, EditorTelematics could offer an opportunity to identify customer-specific insurance needs and provide advice, which, it is hoped, could build loyalty that will be there as additional offerings and services unfold.
Custom Output
April 1, 2015 Marc-Andre Giguere, National Insurance Leader, EY CanadaIn today’s data-rich environment, property and casualty insurers have an unprecedented opportunity to move beyond a one-size-fits-all approach, and tailor newer, more profitable offerings based on each customer’s usage and needs. The key to future profits may lie buried in the data that insurers already have.
Spice of Life
February 1, 2015 Angela Stelmakowich, EditorLynn Oldfield, honoured with The CIP Society’s Established Leader Award, is well-aware of how important education and engagement are to playing in the constantly evolving p&c insurance space.
Unending Journey
December 1, 2014 Angela Stelmakowich, EditorAnne Chalmers – recipient of the Donald M. Stuart Award – sees risk management as a journey, one that continuously evolves and transforms. Journeys – whether personal or professional – can take many different paths and begin in many different…
Canadians Go International
November 1, 2014 Marvin Azzopardi, Senior Underwriter, Trade, Credit & Political Risk, Zurich North AmericaCivil unrest in various regions has raised awareness in Canadian C-suites about the need for robust credit and political risk insurance protection. It is vital that Canadian corporations with an international footprint fully understand the full spectrum of risk associated with pursuing opportunities in these regions.
Taming Risk
November 1, 2014 Dan Fitzpatrick, Vice President; and Gord Kerr, Senior Vice President & Canadian Branch Manager, Allied World North AmericaA number of markets have recently commenced underwriting onshore energy in the Canadian property market. While the energy business in Canada has historically been quite profitable, current conditions make risk selection and placement position critically important.
Moves and Views
November 1, 2014 by Canadian Underwriter1 Brian Parsons [1], former national practice leader of mining at Marsh Canada Limited, is now chief executive officer of Willis Canada. Parsons, who has spent 22 years with Willis Canada, will report to Willis North America CEO Todd Jones,…
Marketplace
November 1, 2014 by Canadian UnderwriterREINSURANCE Terrorism, cyber attacks among main emerging risks in reinsurance Cyber attacks and terrorism are among the main emerging risks currently facing the reinsurance sector, notes a new report from Guy Carpenter & Company. Emerging risks are divided into three…
Things Connected
October 1, 2014 Craig Harris, Freelance WriterThe Internet of Things is a bridge between the old economy of bricks, mortar and physical objects and the new economy of mobile devices, data networks and analytic engines. It is estimated that billions of “things” will be linked to the Internet within the next five years through sensors located in cars, homes and businesses. How will this connectivity and data affect insurance companies, brokers and consumers?
Interpretation Clarified
October 1, 2014 Albert Wallrap, Associate, Dutton Brock LLPA new ruling by Canada’s highest court clarifies contractual interpretation. Trial judges and arbitrators of first instance now have a more enhanced role over contractual interpretation, and one may expect fewer appeals on what a contract says and for commercial arbitration decisions to be less reviewable by courts.
Risk Data to Risk Intelligence
October 1, 2014 Sean Van Zyl, Freelance WriterThe challenge of enterprise risk management programs for many organizations has always been how to quantify “value” and effectively harness data across the enterprise. Risk management consultants believe there is now a solution in emerging data mining and analytic modelling technology that effectively turns “data” into true risk intelligence.
Moves and Views
October 1, 2014 by Canadian Underwriter1 The Canadian Independent Adjusters’ Association (CIAA) has announced that Albert Poon [1a] has replaced David Porter [1b] as CIAA president. Poon, who had been CIAA’s 1st vice president, is director of operations at Cunningham Lindsey Canada Claims Services Ltd.…