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Operational Risk Management in Auto Insurance by ovi is a document available to read on EtoBox.

What is Operational Risk Management in Auto Insurance about?

This document provides guidance on operational risk management (ORM) in the rating and underwriting of automobile insurance in Ontario, effective September 20, 2022. It aims to promote fair treatment of consumers and accurate pricing by outlining foundational practices for ORM, emphasizing the need for a structured approach to identify, assess, and mitigate operational risks. The guidance is part of a broader strategy to reform auto insurance regulation and will evolve into compliance obligations in the fut

Author

ovi

Language

EN