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Inflation, Rates & Turbulence - How do we navigate 2023?
Webinar
Winnipeg, MB
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Date and Time: April 18, 2023 11:00 a.m. - 12:00 p.m. CST
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Together we're watching property risk evolve rapidly
for Canada's insurance market. Inflation and recession present a dual
economic threat, made worse by geopolitical turmoil. Meanwhile, extreme
climate events are accelerating in Canada and across the world. These
changes make it more urgent, yet harder, to maintain insurance-to-value across
property portfolios - how are you managing the pressures and impact of
inflation? To help you navigate 2023, we're sharing expert insights from
Opta, Canada's market leader in valuations. Join this webinar to hear the
latest trends in material costs and gain insights on the effects on
reconstruction costs caused by economic turbulence.
Learning Outcomes:
- Learn about the latest trends in reconstruction
costs across Canada
- Understand the regional/provincial impact on
costs/material/labor caused by inflation, climate change and material
shortages
- How has this changed year-over-year and where do
we see it going?
- Gain insights on how to navigate and manage the
impact and changes on your portfolio
Presenter:
Greg McCutcheon, President
- Opta Information IntelligenceGreg McCutcheon is president of
Opta Information Intelligence, Canada’s leading property intelligence and
technology solutions provider. Verisk acquired Opta in 2022 to expand its
footprint in the Canadian market and support Opta’s efforts to transform
insights into innovation.
With more than 25 years of
property/casualty insurance experience, Greg leads his team in delivering
valuable business intelligence that powers digital transformations for insurers
and financial services companies. Opta combines a strong focus on best-in-class
customer experience with ArtificiaI Intelligence (AI) and machine learning to
drive efficiency and enhance the accuracy of the underwriting
process.
An advocate for maintaining
accurate insurance-to-value (ITV), Greg was instrumental in introducing a
revolutionary ITV solution to the Canadian market in 2009 with the launch of
iClarify™, an industry-leading desktop validation tool that delivers instant
access to geo-coded property intelligence, valuations and imagery.
In 2017, Insights Success named
Greg one of their Top 30 Most Innovative Business Leaders. He holds a BA with
honours in history and politics from Queens University and is a certified risk
manager (CRM).
For more than 100 years, Opta has
been an industry leader in valuations, property risk intelligence, and loss
control services. The only Canadian company that regularly gathers and validates
data through real-time dialogue and ongoing research, its solutions help
insurers underwrite policies, manage risk, and market more efficiently.
Together, Verisk and Opta combine their deep domain expertise, advanced
technology, and unique data assets to build a stronger insurance ecosystem and
accelerate the use of data and insights as a competitive advantage in the
market
Format:
Registration: 10:45 a.m.
Presentation: 11:00 a.m. - 12:00 p.m. CST
Registration Deadline: April
11, 2023
Corporate Rate: $50 per
attendee for groups of 5 or more (membership is additional for
non-members). To register with a corporate rate, please contact
iimmail@insuranceinstitute.ca.
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CE Credits:
CE credit # 40836, 1 CE Hours General & Adjuster. Please be aware
that tardy arrival to or early departure from any seminar or, in the case of a
webinar an incomplete session as a result of unresolvable technical
difficulties, will preclude IISA from issuing a CE certificate for the
seminar.
*** Full attendance is required.*** Late
arrival or early departure results in no CE hours issued as per ICM
regulations. For a webinar, this includes a transmission disruption due to
unresolvable technical issues. Partial hours cannot be
issued.
Cancellation Policy: No
cancellation allowed. Substitute welcome as long as we are notified more than 24
hours prior to the webinar. All registrants will receive an e-mail providing the
link to the Webinar the day before.
Membership:
Insurance Institute membership is required. IIMB Membership Fee of
$80.95 + GST is applicable (membership expires May 31,
2023). For assistance to renew or process your membership, please
contact iimmail@insuranceinstitute.ca .
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QUESTIONS?
Kimmy Fung, Education &
Events Administrator
Insurance Institute of Manitoba
E: kfung@insuranceinstitute.ca
T:
204.956.1702 ext 102
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