Industry

This line of business needs to be simplified, MGA says

The insurance industry needs to move forward and simplify intellectual property (IP) coverage for the small- and medium-sized enterprise (SME) market, a specialist insurance provider said. IP insurance typically involves long, complicated proposal forms, a fee charged to get a proper quotation, and a lot of legwork and time, said Maddi Brown, intellectual property practice […]

By Jason Contant | August 24, 2021

3 min read

Hub to acquire Aviva Canada subsidiary

Hub International Limited announced Tuesday it has signed a purchase agreement to acquire the Aviva Canada subsidiary that provides new home warranty in British Columbia and Alberta. The terms of the acquisition of National Home Warranty Group Inc. were not disclosed. “Our investment in National Home Warranty rounds out Hub’s capabilities in Western Canada to […]

By Jason Contant | August 24, 2021

2 min read

Crews fighting wildfires in B.C. aided by cooler and unseasonably low temperatures

VANCOUVER – The BC Wildfire Service says cooler and below seasonal average temperatures have helped crews fight the blazes. Fire information officer Taylor Colman says crews are seeing between three and five fires start each day compared with about 40 in July. She says most of the wildfires of note – including White Rock Lake […]

By Jason Contant | August 24, 2021

1 min read

How to secure your brokerage’s data

Brokers must secure their client data to protect their trusted advisor status, a cyber insurance provider has warned. “What many brokers fail to realize is that when customers engage them as a trusted risk advisor, it implies they’re also trusting them with their data,” said Vishal Kundi, CEO and co-founder of Toronto-based BOXX Insurance, told […]

By Melissa Shin | August 23, 2021

3 min read