Canadian Underwriter


News AppointmentsBrokersInsurance

Aon appoints president of commercial risk and health solutions in Canada

June 4, 2019 by Jason Contant

Aon plc has appointed Stéphane Lespérance as president of commercial risk and health solutions in Canada. In his new role, Lespérance will be responsible for the day-to-day leadership of the commercial risk and health solution teams in Canada, Aon said

News Climate ChangeRisk

These risks call for better models

May 22, 2019 by Greg Meckbach

Commercial clients need better tools to help risk managers predict their financial exposure to climate change and geopolitical factors, Canadian risk managers say. The risk from climate change “will be pervasive and have a massive impact and it’s something that

News RiskTechnology

How this type of client is reducing fraud risk

May 17, 2019 by Greg Meckbach

Biometrics and two-factor authentication will become more popular tactics for mitigating cyber crime risk, a British Columbia credit union executive predicts. “I feel like I do a lot of biometrics,” said Marilyn Mauritz, chief transformation and governance officer at Vancouver-based

News Risk

How career prospects are looking in risk management

May 16, 2019 by Greg Meckbach

Are you one of those brokers who’s thinking of changing jobs so that you’re buying commercial insurance instead of selling it? “There is a shortage of supply [of risk managers], so if anybody is looking for a fast way to

News BrokersInsuranceMergers and Aqcuisitions

BFL Canada acquires B.C. brokerage

May 15, 2019 by Jason Contant

Large commercial brokerage BFL Canada announced Tuesday the acquisition of British Columbia-based Summit Insurance Brokers Inc. Summit, based in Prince George, was founded in the late 1990s and brings expertise in industrial, commercial and farm risks to BFL Canada. Summit

News Insurance

Will roadside marijuana tests be upheld in court?

May 7, 2019 by Jason Contant

The ability to properly test marijuana impairment with roadside devices remains front and centre seven months after legalization, with at least one possible legal fight brewing. “I think our big issue in Canada, whether it’s a roadside test or from

News Appointments

Former Economical Insurance CEO joins another board

May 7, 2019 by Greg Meckbach

Karen Gavan, former CEO of the first Canadian property and casualty insurer to start the demutualization process, is now on the board of directors of HSBC Canada. Gavan (pictured) was CEO of Waterloo, Ont.-based Economical Insurance from 2011 through 2016.

News RiskTechnology

Loblaws cyber risk manager weighs in on cloud computing security

May 3, 2019 by Greg Meckbach

While cloud computing can introduce a whole new level of cyber risk, it can also help bolster a client’s information security, the cyber risk manager for one of Canada’s largest retailers suggests. “I will say without any hesitation, as I

News InsuranceProductsRisk

Why more companies aren’t using alternative risk transfer solutions

April 30, 2019 by Jason Contant

A lack of understanding about alternative risk transfer (ART) solutions, particularly among C-suite executives, remains a major obstacle to their expanded use, according a new report from Marsh and RIMS. Nearly half of C-suite respondents said they don’t understand how

News ClaimsInsurance

Best incentives to get homeowners to move out of floodplains

April 29, 2019 by Jason Contant

Massive flooding in Quebec has shined the spotlight on suitable incentives that may get homeowners to move out of floodplains. Quebec Premier François Legault said recently that the province will offer a maximum of $100,000 to homeowners dealing with flood

News InsuranceMarkets / CoveragesRiskTechnology

The top threat facing Canadian businesses

April 29, 2019 by Jason Contant

Cyber attacks and data breaches are the Number 1 threat to businesses in North America, according to Aon plc’s newly released 2019 Global Risk Management Survey. Aon surveys thousands of risk managers across 60 countries and 33 industries every two

News RiskTechnology

What a liberal arts gaming enthusiast can bring to the cyber security table

April 29, 2019 by Greg Meckbach

A priest or minister could help your client manage cyber risk, and it’s not by praying that cyber criminals will leave your client alone. “My latest three hires have been a theologian, a political scientist and somebody who has their