In the future, commercial insurers will increasingly be moving towards the ideal of a no-touch, straight-through data exchange with brokers.
Even the most ardent ostriches in the world of underwriting D&O insurance must be aware of a trend in which the U.S. plaintiff’s bar is taking an active interest in Canada’s approach to class action litigation.
CIAA is in an important period of reflection and change and for an organization whose roots date back over five decades — this is a significant undertaking that will help shape the profession of independent adjusting in the years to…
An industry ITV working group is employing a public awareness campaign targeted at homeowners.
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KPMG Regulatory Update Seminar; Regulation related to reinsurance licensing and fair value accounting is getting a tough rap these days, but both may be the unfair targets of their critics, KPMG panelists suggest.
Upon hearing the phrase “threat of asteroid impact,” insurers and risk managers in Canada almost invariably recall the Hollywood movie image of Bruce Willis blasting into space to save the day. Often viewed as a far-fetched natural catastrophe, asteroids, meteorites…
The world’s population will expand by 50% in the next 50 years, according to United Nations forecasts. This growth will be accompanied by a 500% rise in the use of energy and a 300% increase in the use of materials.…
One distinguishing aspect of the current insurance market cyle is that reinsurers are attempting to defy the common gravitational pull in a soft market towards lowering premium rates. Reinsurers have thus observed an widening gap between their own rates and those of primary insurers .
It might seem a paradoxical enterprise to “automate change.” But this is exactly the kind of circle that brokers, insurers and tech vendors are attempting to square when they ponder how to give brokers the electronic means to submit real-time policy changes to insurers.
Discussions about broker technology have advanced to the point that they now include the roles of management and worker productivity — and not just technology — in increasing the profits of a brokerage
The scientific consensus on climate change has spurred some insurance companies to act by introducing products that deal with the causes and exposures of global warming. While ambitious insurance coalitions have been formed in the United Kingdom and United States…