Industry

Why insurers should be active diversity allies

Insurance companies now need more than just a diversity, equity and inclusion (DE&I) strategy; they also need to apply it. With 3,000 employees in 30 countries, Charles Taylor Ltd. knows something about this. The London, U.K.-based service and consulting provider for insurance companies launched unconscious bias training in 2019 as a requirement for all line […]

By Melissa Shin | September 1, 2021

3 min read

MGA’s program gives employees money to take time off

You’re burning out. According to a June survey from Canadian Underwriter, 54% of P&C employees reported feeling at least some stress and burnout working from home. Human resources experts often recommend that employees use their vacation entitlement to recharge, but busy employees may feel unable to do so. One managing general agent believes it’s found […]

By Melissa Shin | September 1, 2021

2 min read

Ontario court certifies class-action against insurers related to COVID-19

TORONTO – Ontario’s Superior Court of Justice has certified a class-action lawsuit against fourteen insurance companies that denied business interruption claims related to COVID-19. The class action, launched by several small businesses including a suit store, a smoothie shop and a dance studio, claims businesses across Canada suffered billions of dollars in losses after they […]

By Jason Contant | September 1, 2021

2 min read

Return to Business: Preparing and Updating a Business Cash Flow Plan

To alleviate individual financial struggles due to COVID-19, the Federal government implemented the Canada Emergency Response Benefit (CERB) program. This initiative (currently in place until October 23, 2021) provides financial relief for eligible employers to cover a portion of their employees’ wages if their business was impacted directly by the pandemic. Now, as the country […]

September 1, 2021

5 min read