Insurance Blogs hosted by Canadian Underwriter
Insurance Blogs hosted by Canadian Underwriter
To the lay person, it only stands to reason that a business interruption policy would respond to what for many enterprises isn’t merely an interruption in their business, it is quite possibly a death knell. This is certainly the sentiment…
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Even a $1 trillion company cannot hide in the See-Through Economy. After a fourteen-year-old boy discovered a serious bug in Apple’s group FaceTime feature, his mother e-mailed, faxed, and tweeted the report to Apple. However, it wasn’t until after her…
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Emergency situations like natural disasters, data breaches, fraud, and the like arise, by definition, without warning, leaving you little to no time to prepare. So how do you build a BCDR plan that is flexible to handle any situation and…
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The Fort McMurray wildfire will end up costing government (read: taxpayers) and insurers considerably more than the flooding in southern Alberta in 2013. However, it appears to be the flood that is having – and will continue to have –…
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New Year always gives me a feeling of good cheer and optimism. As president and CEO of the Institute, good cheer comes from celebrating the effort of thousands of insurance professionals across Canada who pursued an insurance education in 2016.…
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When an insurance representative makes the decision to bind a new homeowner’s policy, does he/she have all the information needed in order to get a full picture of the risk before it is taken onto the company’s balance sheet? Said…
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InsurTech (Insurance Technology) is a hot topic in the insurance community these days. But how significant is the digital trend and how urgently do we have to respond? The recent Insurance-Canada.ca Executive Forum (ICEF2016) provided insight. What do we do…
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When the CEO of the largest insurance company in the country warns of a risk that could take down the industry, it’s time to take notice. In an article published in the Globe and Mail’s Report on Business, Charles Brindamour,…
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Unlike the 2013 flood in southern Alberta, the Fort McMurray wildfire is a heavily insured event. Considering that property insurance got its roots in fire (indeed it used to be widely known as ‘fire insurance’, still is in certain circles,…
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The results of a survey released by Kanetix.ca last week revealed that one in four Canadians are ready and cannot wait for the arrival of the driverless car. In addition, Canadians felt that driverless cars would improve safety and greatly…
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Last year I posted a blog – CSIO and the Power of Collaboration – to reflect on the challenges and accomplishments of 2013. As many of you may recall, eDocs was a major success of our industry, with all members…
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On October 10, ICLR held a Friday Forum workshop entitled ‘National Riverine Floodplain Mapping Framework and Advancements in Urban Overland Flood Risk Assessment’, which largely looked at the state of flood mapping in Canada. The workshop was lead by Tim…
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While groundwater figures prominently in riverine and urban flooding and is relatively easy to map, insurers, urban planners, governments and other key stakeholders seldom factor it in when considering flood risk. So says Dr. Cathy Ryan, a hydrogeologist with the…
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On Tuesday, April 22, CSIO held its Annual General Meeting and Member Reception at the Royal York Hotel in Toronto. It was a great opportunity to reflect together with our broker, vendor and carrier members on the notable accomplishments that…
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