A political science professor that I had described how difficult it was for communist countries to convert to capitalism. He proposed that the longer the country was under communist rule, the harder and longer it was to change to capitalism;…
Read more →This year’s Consumer Electronic Show (CES) – the definitive trade show of new and emerging consumer technologies held in Las Vegas each January – was, if nothing else, a confirmation of what we already suspected. Drones, driverless cars and the Internet of Things (IoT) continue to be areas of intense research and development. The buzz for 2015, however, is almost assuredly set to be a maturing field known as “wearables.”
Read more →Love is seemingly in the air in 2015 with the engagement of Axis to Partner Re recently announced hot on the heels of the betrothal of Catlin to XL. Guessing who will be next up the aisle is the favourite game in the coffee shops and wine bars of the London Market. Few doubt that […]
Read more →As an occasional writer, I appreciate good use of language. My collection of favourites includes three sentences used by various telephone customer service representatives. They contain a small lie. But as a wanna-be marketer, I find it really tickles my…
Read more →Joseph Campisi, a Toronto area personal injury laywer has launched a constitutional challenge to Bill 15.
Read more →For anyone waiting for the underwriting market to harden, it would appear they’ll be waiting a little while longer. One of the events that can trigger a tightening of the primary market is a tightening of the reinsurance market. Two…
Read more →How many times per day do you use a password? Between online banking, email, mobile devices, online shopping and social media, that number could easily be in the dozens. Despite the importance of passwords in an electronic world, however, most…
Read more →Over the years I have been involved in a few insurer studies regarding the cost of mistakes. The most obvious, to an underwriter, is the cost of re-issuing policy documents processed in error. No one publishes these statistics (too embarrassing),…
Read more →2014 was a good year for the insurance industry in Canada and the United States. However, 2015 will face different challenges. First, the industry is over capitalized. This situation will result in companies trying to capture market share in sectors…
Read more →One trend that we have seen of the past few IBV insurance studies that look into consumer behavior is that insurance customers seem to be becoming less loyal.
Read more →Over the course of this year, a number of organisations in the London insurance market have publically committed to Lloyd’s Diversity and Inclusion Charter.
Read more →I noticed an interesting section at the end of a recent bulletin issued by FSCO regarding recent regulation changes that I reviewed in a recent post. Thrown in with the announcement of regulatory changes is a discussion on mileage expenses by health care providers.
Read more →Changes will always take place in any industry, but changes in Ontario auto insurance have not solved problems – instead they have created them.
Read more →Several new auto insurance regulations have now been approved by the Ontario Cabinet.
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