Industry

Insurer remains committed to specialty auto market

If you’re looking to place non-standard auto coverage for your client, rest assured that one insurer remains committed to that marketplace. “Through Echelon, we are absolutely committed to being in that, I’ll use the word specialty market. I don’t like calling our insurance non-standard,” Matthew Turack, president of CAA Insurance, said during the Insurance Brokers […]

By Jason Contant | October 27, 2021

3 min read

Online client reviews can help your brokerage

Bad publicity is still publicity, provided you take it seriously and handle it correctly. “Reviews let us see how we’re doing and allow other potential customers to see how we’re doing in creating the best possible experience for our customers,” said Alex Hillhouse, team leader with the sales department at Mitchell & Whale in Whitby, […]

By Phil | October 27, 2021

2 min read

How important is brokerage size when it comes to broker compensation?

When it comes to working with brokerages, embracing the future is more important than size, said Carol Jardine, president of Wawanesa Insurance’s Canadian P&C operations. “A broker who’s embracing the future today might not be that large, but if they embrace the future properly, marry the digitization with the consumer touch and if they’re able […]

By Jason Contant | October 27, 2021

3 min read

Bank of Canada warns of prolonged inflation

OTTAWA – The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected. The central bank said Wednesday it now forecasts that annual inflation rates will continue their upward swing through the rest of year, averaging 4.75 […]

By Jason Contant | October 27, 2021

4 min read