Canadian Underwriter


During October, 1998, the Toronto Insurance Women's Association held its annual Insurance Information Week at the Hillcrest Mall, Pickering Town Centre and the Erin Mills Town Centre. Pictured from the Hillcrest Mall are (left to right) Val Lewis, Cheryl Morton, Norma Evans, Pam Skinner, Yvonne Lincoln, Genny Huta and Bonita Kearns; (kneeling in front) Frances McCaul.
Feature

Coming Events (February 01, 1999)

February 1, 1999 by Canadian Underwriter

Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Canadian Insurance Accountants Association:…
Feature

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…
Feature

Ice Storm Lessons learnt

February 1, 1999 Paul Kovacs, Executive Director, Institute for Catastrophic Loss

At the time, it captivated Canadians across the country and even today is at the top of book best seller lists. The raw power of nature displayed by the ice storm which paralyzed south eastern Ontario, Quebec and parts of…
Feature

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…
Feature

Sober Y2K predictions

January 1, 1999 by Canadian Underwriter

The recently held Employers Reinsurance Corporation seminar on Y2K risks delivered some serious food for thought. The most startling of the information revealed was delivered by the first three speakers who provided a broad outline of the technology disruption likely…
Feature

Insurer concerns taxi for take off

January 1, 1999 Sean van Zyl, Editor

Consolidation and cost cutting became the corporate buzzwords of the 1980s and 1990s, with operators from insurance to retail-chains through to the aviation industry embracing downsizing and cheaper marketing and delivery systems. The aviation business emerged from this process, particularly…
Feature

Canadian Perspective

January 1, 1999 by Canadian Underwriter

The Canadian aviation insurance market is relatively small in the global picture, notes Mike Wills, manager of marine and aviation at Royal & SunAlliance. The Canadian industry’s total aviation net premiums amounted to Cdn$83.8 million for 1997 compared with the…
Feature

Tossed Salad

January 1, 1999 Sean van Zyl, Editor

The 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…

 Robert Gow senior vice president Canadian Operations, Lindsey Morden Claims Services Limited, presents the 1998 Colin MacKay Memorial Scholarship to Cynthia Attwood of Mississauga, Ontario. Administered by the Insurance Brokers Association of Ontario, this scholarship is available to students whose parent(s) or guardian is employed by the insurance industry, and who are enrolled in first year studies at college, university or schools of higher learning. The Lindsey Morden scholarship is available in all provinces and territories except Quebec.
Feature

News (January 01, 1999)

January 1, 1999 by Canadian Underwriter

To celebrate their acquisition of P.D. Brunt & Company Ltd., adjusters Sobel Adamsons Clements Ltd. recently held a one-day workshop, at Toronto’s The Albany Club, hosted by law enforcement consultant Glenn Foster. A former homicide detective and author of “How…
Feature

Insurance fraud: The Insider Job

January 1, 1999 Linden Rees, president of Underwriters Fraud Control Inc.

Last November I provided a presentation in Boston, Mass. on “Automated Fraud Control” to an audience of senior American insurance executives. While all nodded in agreement with my salient points, that being internal fraud within the insurance industry is on the rise and needs to be addressed sooner than later, I was left with the feeling that most of the listeners were too aghast at the thought that their employees might be capable of stealing.
Feature

Coming Events (January 01, 1999)

January 1, 1999 by Canadian Underwriter

Announcements in Coming Events are run free of charge as a service to the industry. Items should be submitted by the first of the month prior to the month in which the announcement is to appear. Insurance Institute of Ontario:…

 MALCOLM
Feature

ALERT Fraud 2000

January 1, 1999 by Canadian Underwriter

By Stephen Markson, a director of Forensic Systems Group and Craig Malcolm, managing partner of Forensic Accounting & Investigative Services Regardless of whether the new millennium starts on January 1, 2000 or 2001, its advent will provide abundant opportunities for…