Reducing WCMSAs and Getting Claims Settled – Cost Mitigation Strategies for Success

Electronic signature adoption is growing among Canadian insurance companies, driven in large part by consumer's expectations for convenient, personalized and efficient service. While the benefits of straight through processing are obvious, questions often still arise regarding the legal requirements and implications of bringing processes online.

As organizations increasingly rely on technology tools to run more efficient business operations, are they thinking strategically about the real possibility of their tools and associated data disappearing without a trace? What about the long term impact of such an event on revenue, or for their customers? Modern reliance on technology brings with it new exposures to risk that demand thoughtful foresight, planning and risk management.

The growth of online deliveries and driver shortages – combined with rising inflation and supply chain pressures – has intensified commercial auto risk across the United States. But insurers equipped with robust information on potential markets and individual risks can find opportunities for profitable growth.

2018 was a challenging year for captive insurance with an uncertain investment environment, continued tax scrutiny and consolidations among service providers. In our annual market update, we take a look at these and other trends affecting captives, report on captive numbers by domicile and discuss the outlook for the coming year. Specific topics to be covered will include: Analysis of captive activity in 2018. Review of the major captive domiciles, both onshore and offshore. Discussion of major trends affecting the industry. New and existing uses of captives. Infrastructure and regulatory developments. Predictions for 2019. This webinar is suitable for existing and prospective captive owners looking to get an update on developments in the captive insurance industry.