Industry
A vast majority (91%) of IT teams surveyed across Canada and other countries felt pressure to compromise security for business continuity, admitting that security took a backseat to business continuity during the pandemic, a new report from HP Inc. reveals. According to the HP Wolf Security Rebellions & Rejections report, more than nine in 10 […]
By Jason Contant | September 13, 2021
3 min read
There are the characters: Geico’s gecko. Progressive’s Flo. There are the jingles: Nationwide is on your side. We are Farmers… These marketing tactics immediately evoke the company — and insurance. But if you’re representing many insurance companies, how do you advertise? “When it comes to broker advertising,” said Rob Schlyecher, creative director of Vancouver-based Spring […]
By Melissa Shin | September 13, 2021
Occupants in electric vehicles (EVs) and hybrid models are less likely to be injured in a crash than people in similar gas-powered vehicles, according to a new report. Lithium-ion batteries is the primary power source for today’s EVs. This means that these vehicles tend to weigh more than otherwise similar gasoline-powered vehicles. The additional weight […]
By Jason Contant | September 12, 2021
An increasing number of organizations have been mandating that their workers get vaccinated, while many others are trying to decide whether to follow suit. For those still deliberating their options, the decision could have a significant impact on short-term productivity and profits, as well as long-term ability to attract and retain needed talent, two Willis […]
By Jason Contant | September 11, 2021
4 min read
VANCOUVER – As of noon Friday, campfires are once again allowed across most of British Columbia, with only the drought-challenged region of southern Vancouver Island still covered by restrictions. The BC Wildfire Service says campfire prohibitions are being removed across the entire Kamloops Fire Centre and in the Boundary fire zone of the Southeast Fire […]
By Jason Contant | September 10, 2021
1 min read
Brokers need to change the way they sell cyber insurance and focus on preventing cyberattacks in the first place, a cyber insurance provider suggests. A cyber claim can be terminal for a business, Vishal Kundi, CEO and co-founder of Toronto-based cybersecurity and insurance specialist BOXX Insurance, told Canadian Underwriter. “If you think about a cyber […]
By Melissa Shin | September 9, 2021
2 min read
After a brief lull in mergers and acquisitions activity, the Canadian P&C insurance space has seen a surge in recent announcements. Large Canadian-owned brokerage Westland Insurance Group Ltd. said on Tuesday it had acquired two Alberta brokerages: Riverstone Insurance in Canmore and Hill ‘n’ Dale Insurance Ltd. in Breton. Both Riverstone Insurance and Hill ‘n’ […]
By Jason Contant | September 9, 2021
TORONTO – When Sept. 11 comes, Natasha Koifman’s backyard will be awash with chatter and music as up to 100 guests gather for an elegant dinner meant to raise funds for Haitians to access education. But the public relations maven’s annual Artists for Peace and Justice gala will look very different from pre-pandemic years with […]
In a new report, Moody’s said the outlook for the reinsurance industry has shifted from negative to stable amid expectations of higher profits and solid capital over the next couple of years. “Healthy price increases will drive stronger earnings through 2022 as the post-pandemic economic recovery and recent significant catastrophe losses fuel fresh demand for […]
By Jason Contant | September 8, 2021
In a world where many insurance brokerages offer the same products, trying to stand out can be a challenge. “One of the main things we’ve been trying to do more of — especially in the last year or so — is to have more presence on social media,” said Crista Costen, owner and president of […]
By Melissa Shin | September 8, 2021
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