Industry

Second auto insurance rebate coming in B.C. 

VICTORIA – A second insurance rebate is coming for British Columbia drivers thanks to lower claim costs due to fewer crashes during the COVID-19 pandemic.   The government says the Insurance Corporation of B.C. will begin distributing rebates averaging $120 starting in mid-July, returning about $350 million to almost three million customers.   Solicitor General Mike Farnworth […]

By Jason Contant | June 14, 2021

1 min read

How are your employees feeling? No, really.

Brokers are naturally social people. So how do they respond when they’re cut off from their typical social gatherings and unable to interact with people the way they’re used to? If they’re like people in other professions, it’s a heavy mental toll that has a heavy financial cost for employers, brokerage experts suggested during a […]

By Adam Malik | June 11, 2021

3 min read

How to be really customer-centric: Lessons from the global insurance market

Canada’s property and casualty insurance industry should look towards the global insurance market for some insights about how to increase take-up rates, particularly among marginalized and low-income people, speakers said Thursday at the CatIQ Connect virtual conference. In the global market, insurers will work with partners, non-governmental organizations, community finance institutions, and not-for-profit and community […]

By Jason Contant | June 11, 2021

4 min read

Canadian MGA association takes centre stage with new board of directors

Gary Hirst is stepping down as president of the Canadian Association of Managing General Agents (CAMGA). “You might think it is strange that I am pleased to be stepping down,” Hirst, the CEO of CHES Special Risk Inc., announced during CAMGA’s annual general meeting Thursday. “The reason why I am pleased is the association is […]

By Greg Meckbach | June 11, 2021

3 min read