insurance
June 11, 2018 Drache Aptowitzer LLP Board of Directors, Process and Responsibilities, Business and Legal Issues, Corporate Administration and Legal Matters, Corporate Governance, Not for Profit, Volunteers and Employee Relations,
There is no need to reinvent the wheel in this crisis management initiative. There are many resources online and common-sense articles, checklists and manuals about crisis management.
C. Yvonne Chenier Q.C., coordinating volunteers, crisis, crisis management, crisis management policies, disaster planning team, Disaster Preparation, Drache Aptowitzer LLP, insurance, media information kit, risk management
June 4, 2018 Apolone Gentles, JD, CPA,CGA, FCCA, Bsc (Hons) Accounting Systems and Controls, Budgeting and Auditing, Business and Legal Issues, Finance and Accounting, Financial Compliance / Planning / Management, Financial Management, Insurance, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Uncategorized,
A failure to satisfy proper cut-off, completeness, existence, accuracy and ownership are common problems arising from weak or non-existent fixed asset policies. The overarching approach to satisfying these issues is to design and implement internal controls in proper policies and procedures.
accounting, accuracy, acquisitions, Apolone Gentles, approval, budgeting, capital budget, capitalizing, completeness, cut-off, depreciation, disposals, existence, fixed assets, insurance, Internal Controls, ownership, physical security, repairs and maintenance, Reporting, year-end
January 25, 2018 Occasional Contributors Business and Legal Issues, Finance and Accounting, Insurance
The Supreme Court of Canada recently denied leave to appeal in respect of the Alberta Court of Appeal’s decision in 852819 Alberta Ltd v Sovereign General Insurance Company, 2017 ABCA 76, leave to appeal denied 2017 CanLII 51468 (SCC) (“852819 Alberta”), which provides much needed clarification regarding the interpretation of the By-law Endorsement coverage common to most all-risk commercial property insurance policies in Canada. The defendant insurers were represented by the authors.
Alberta Building Code, building remediation, building warranty, by-law endorsement, by-law endorsement coverage, commercial property insurance, insurance, insurance law
August 17, 2017 Occasional Contributors Business and Legal Issues, Sales, Marketing and Operations
Residents of Saskatchewan: Can’t live without your smartphone? Never fear, the province follows Manitoba’s lead in regulation of portable electronics. On June 22, 2017, new regulations (the “Insurance Regulations[1]“) under Saskatchewan’s Insurance Act[2] were filed with the Registrar of Regulations. The Insurance Regulations will broaden the availability of insurance covering smart phones in the province. Smartphones […]
insurance, Insurance Act, regulation of portable electronics, smartphone, smartphone insurance
November 30, 2015 Occasional Contributors Accounting Systems and Controls, Anti-spam, Do-not-Call, Backup and Disaster Planning, Business and Legal Issues, Corporate Governance, Cyberlaw, Internet Law, E-Commerce, Finance and Accounting, Financial Compliance / Planning / Management, IT, Privacy and Security, Sales, Marketing and Operations, Social Media/Social Networking
Insurers and other insurance professionals have traditionally been well positioned to drive improvements in risk management processes. Cyber-security risk is a modern phenomenon which has arisen in the electronic information and internet age, and the insurance industry is demonstrating that it can play a key role both in educating and equipping public and private sector organisations to manage this emerging risk, and in providing insurance protection.
Cyber Risk Insurance, cyber-attacks, cyber-security risk related services, forensic analysis, identity theft monitoring, insurance, privacy or data security breaches, risk management process, risk management tools
June 25, 2014 Occasional Contributors Accounting Systems and Controls, Backup and Disaster Planning, Board of Directors, Process and Responsibilities, Business and Legal Issues, Corporate Administration, Corporate Governance, Finance and Accounting, IT, Privacy and Security, Leadership and Management, Network, Systems and Data Security, Not for Profit, Privacy Compliance and Management, Systems and Data Management
Not long ago, cybersecurity was a term rarely, if ever, heard in the boardroom. Rather, information security was deemed to be a risk managed solely by the chief information or technology officer. Those days are gone. With the litany of high profile cybersecurity hacks—and the potential resulting drop in shareholder value, regulatory inquiries and litigations which inevitably follow—cybersecurity has become an increasingly challenging risk that boards must address.
cyber-risks, Cybersecurity, Cybersecurity in the boardroom, data breaches, directors and officers, insurance, IT department, managing cybersecurity risks, risk management, risk of shareholder lawsuits, security risk management
March 3, 2014 Jeffrey Sherman Backup and Disaster Planning, Business and Legal Issues, Corporate Administration, Corporate Governance, IT, Privacy and Security, Network, Systems and Data Security, Privacy Compliance and Management, Sales, Marketing and Operations, Software Acquisition, Implementation and Maintenance, Systems Acquisition, Maintenance and Disposal, Systems and Data Management
Whenever data leaves the control perimeter of a company, there is a risk that the data will not be protected at the same level of security that is required by company policy. It is essential that data created, stored, manipulated or transmitted by a third party on the company’s behalf be accorded the level of protection that is defined by the company’s standards and policies.
access to data, best practices, contingency planning, contract review, contracts, data control, data managment best practices, data protection, defaults and termination, dispute resolution, insurance, legal compliance, ownership of data, performance measurements, pricing, reputational damage, subcontracting, third-party service providers
July 3, 2013 Jeffrey Sherman Corporate Governance, Finance and Accounting, IT, Privacy and Security, Not for Profit, Sales, Marketing and Operations
There are hundreds of thousands of federal, provincial and municipal statutes and regulations. Laws and regulations exist for virtually every aspect of an organization’s operations—incorporation, employment, safety, environmental, contracts, intellectual property, privacy and so forth. Organizations of all sizes need to be aware of their legal environment and regulations and laws that affect them…
board liability, charity law, charity registration, compliance, crisis management, gifting scheme, government websites, How can I identify legal risks?, industry association, insurance, intellectual property, legal requirements, legal risk, legal risk management, liability, multiple corporations, regulations, risk management, tax avoidance
June 4, 2012 Jeffrey Sherman Corporate Governance, Finance and Accounting
You have a risk management process, even if you don’t think about it. Maybe it’s an informal and verbal process, but the type of business you accept and how you deliver products and services is closely tied to your business strategy and the risk management process it requires.
control activities, COSO, Enterprise Risk Management – Integrated Framework, formal risk management process, information and communication, insurance, risk analysis, risk management, risk monitoring, risk response