THE ONLY SOURCE FOR PROFESSIONAL ICI ROOFING CONTRACTORS IN ONTARIO ORN 16 ONTARIO ROOFING NEWS – FALL 2018 Insurance Notes An Urgent Appeal to Adopt Risk Management in the Canadian ICI Roofing Industry Another Simon Says Paper By Simon J. Fenn I n 1736 Benjamin Franklin coined the famous phrase “An ounce of prevention is worth a pound of cure” when addressing a group of Philadel- phians. You may not know that Franklin was actually address- ing fire safety, and considering recent fire trends in ICI roof- ing, we thought quoting him would be a suitable opener. Fenn & Fenn Insurance Practice Inc. has served the ICI roofing industry since 2003, so we’re hoping we’ve earned the right to be candid when it is necessary. In 2005 when we launched the OIRCA Liability Insurance Programme, insurance underwriters made the formation of a Risk Management Committee by the OIRCA a requirement. We have always been committed to providing a long-term solution to the ICI roofing industry, and we are still here 15 years later urging ICI roofers to practice risk management. Today, there is an urgent need for the ICI roofing industry to universally implement risk management in order to ensure the future availability of liability insurance. If you think we are just being melodramatic and you really believe liability insurance will always be available to you as an ICI roofing contractor, then at the very least adopt risk management to control your liability insurance cost – it’s sensible. www.brscanada.com