Industry

Trusted Advisor survey calls for more proactive broker contact

Brokers need to be more proactive in reaching out to their business and consumer clients, according to the Canadian Underwriter Trusted Advisor 2021 survey. Only 36% of business respondents — and a considerably smaller proportion of consumers (26%) — said their most recent contact with their broker was broker-initiated. “The numbers don’t surprise me,” said […]

By Melissa Shin | October 5, 2021

3 min read

Will cyber insurance rates double in the next couple years?

Prices in the cyber re/insurance market could rise sharply between 2021 and 2023, in some cases doubling from current levels, according to a report from S&P Global Ratings. “Depending on the region and [terms and conditions], policyholders could expect rate adjustments of up to 100% because the risk level has fundamentally changed,” S&P Global Ratings […]

By Jason Contant | October 4, 2021

3 min read

Off the rails again: Ottawa’s troublesome trains keep jumping the tracks

OTTAWA – The gravel strewn across the bike path was the first sign of trouble. Ottawa resident Steven Grant was out for a ride on Sept. 19 when he noticed an LRT train stopped in the middle of the tracks. Gravel from the bed under the rails had been scattered all over the nearby path. […]

By Jason Contant | October 4, 2021

5 min read

What will happen with dress codes in the post-pandemic era?

Walter Neff from the 1944 film Double Indemnity is the quintessential insurance agent. Office-bound and clad in suit, tie and hat, Neff is symbolic of a bygone era. Times have changed, and so have dress codes. “More companies have started moving toward a business casual model versus office attire, where men were required to wear […]

By Melissa Shin | October 1, 2021

3 min read