WP Magazine

June 2017
June 2017 WP Magazine
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An excerpt from one of the articles

A Bit and a Byte About Cyber Losses
By Richard Fowler, CPA, CMA, CBV, CFE, CFF, Manager, FAS Global (Canada)

Cyber attacks have made major headlines in the news in recent years, targeting organizations ranging from Sony Pictures to the US Government. Growing awareness of this risk has made cyber insurance a hot topic in the insurance industry.

The market for cyber insurance remains in its infancy, with global cyber premiums currently less than 0.5% of the estimated cost of cyber-crime. However, industry analysts such as PricewaterhouseCoopers expect the cyber insurance market to triple in size over the next four years.

The environment in which cyber policies operate is also changing rapidly. Governments around the globe are introducing laws which require data breaches to be reported to regulators. Recent examples include the Digital Privacy Act introduced by Canada in 2015 and the General Data Protection Regulation introduced across the EU last year.

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e-Flipbook Archives

June 2017 - WP Highlights

  • A Bit and a Byte About Cyber Losses
    By Richard Fowler, CPA, CMA, CBV, CFE, CFF
    Page 8
  • Surviving the Merger or Acquisition…Are you on the A or B team?
    By Laurie Walker, CIP, CRM
    Page 12
  • A Force for Change: The Impact of Climate Change on Building Codes
    By Yasser Korany, Ph.D., P.E., P.Eng., LEED AP
    Page 20
  • Game of Drones: Liability Concerns as UAVs Take Flight
    By Dara M. Lambe
    Page 26
  • The Limitations Act: Better Late Than Never?
    By Ian Gold and Adam Bucci
    Page 42
  • Mould Growth Personal Injury Claims Spreading
    By Matthew Dugas
    Page 48
  • List of Articles Published During the 2016–2017 Term
    Page 52

What's Happening

  • Farewell from the Past President
    Page 6
  • OIAA September Kick-Off Announcement
    Page 7
  • Provincial Claims Conference Photos and Report
    Page 32/34
  • Golf Tournaments Around the Province
    Page 35
  • 2017 OIAA Bursary Announcement
    Page 36
  • OIAA Charities Announcement
    Page 37
  • Adjusters’ Training & Education Program
    Page 39

Regular Features

  • President’s Message
    Page 4
  • OIAA Executive Council
    Page 5
  • New Members
    Page 34
  • Get to Know Your Chapter
    Page 40
  • Out and About
    Page 54
  • Directory of Adjusters
    Page 58
  • OIAA Chapter Executive
    Page 60
  • Advertisers’ Index
    Page 61
  • Final Report
    Page 62

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