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Insurers launch tech initiative while ICBC warns of pedestrian dangers.
Staff on October 19, 2016
It was a week of collaboration, as a number of insurers banded together to launch new tech initiatives, safety campaigns were launches and risk management issues discussed.
Aegon, Allianz, Munich Re, Swiss Re and Zurich launched the Blockchain Insurance Industry Initiative B3i aiming to explore the potential of distributed ledger technologies to better serve clients through faster, more convenient and secure services. If the technology proves viable, it could streamline paperwork and reconciliations for (re-) insurance contracts and accelerate information and money flows, while greatly improving auditability.
ICBC is launching a pedestrian safety campaign with the B.C. government and police to urge pedestrians and drivers to stay safe as crashes involving pedestrians spike at this time of year. On average, 59 pedestrians are killed and 2,300 injured in crashes every year in B.C., with almost half of these fatalities (46 per cent) occurring between October and January.
Saskatchewan Premier Brad Wall says the federal government should consider cutting money intended to help developing countries tackle climate change and using it for research in Canada that could reduce global emissions. Wall wants to see the $2.6 billion Ottawa has earmarked for developing countries added to an existing $2-billion federal low-carbon economy trust.
Risk managers from across the country joined RSA Canada, in partnership with the Schulich Executive Education Centre (SEEC), Schulich School of Business, at their first risk managers’ seminar. The seminar, called ‘Fast Forward: Navigating the Future of Risk Management,’ took place on October 6 in Toronto. It was facilitated and instructed by leading risk-management advisor and legal counsel, Kenneth Jull, LLP. The seminar was designed to help inspire how risk managers approach their job and to hone their leadership skills.
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