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Sonia Kundi is Zurich North America’s new chief risk officer for Canada. She has joined the Zurich North America group risk management team, effective immediately, and reports to North America Chief Risk Officer Colleen Zitt. In addition to being a member of Zitt’s leadership team, Kundi will also be a member of the Zurich Canada […]
By David Gambrill | February 25, 2021
1 min read
Enforcing a vaccination policy on staff is fraught with challenges, a brokerage expert warned. It’s a hot-button issue in the industry, according to the results of a recent online survey of more than 1,150 P&C insurance professionals conducted by Canadian Underwriter. Fully 72% of readers said they planned on getting vaccinated before they returned to […]
By Adam Malik | February 25, 2021
3 min read
An all-policyholders’ vote on demutualization is scheduled this spring, Economical Insurance announced this week. “The process for getting this meeting on the calendar is on track,” said John Bowey, chairman of Waterloo, Ont.-based Economical, in an update posted Feb. 22 to the insurer’s website. Anyone who had non-mutual or mutual policies with Economical as of […]
By Greg Meckbach | February 25, 2021
2 min read
This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. Authors: Brett Dolter, Assistant Professor, Economics, University of Regina; Blake Shaffer, Assistant professor, Economics and School of Public Policy, University of Calgary; G. Kent Fellows, Research […]
By Jason Contant | February 25, 2021
6 min read
Brokers in Quebec have ample opportunity to educate their clients about how condo insurance works, according to the results of a recent survey commissioned by Insurance Bureau of Canada. One key source of confusion may sound familiar to brokers elsewhere in Canada. Basically, condo unit owners in Quebec aren’t clear about the relationship – or […]
By David Gambrill | February 24, 2021
Discussions about workers’ well-being during the COVID-19 pandemic have opened the door to broader discussions about workplace health and benefits, one brokerage executive has noticed. If employers want their staff healthy and working productively, they need to make sure staff are aware of the tools available to them through health benefits and workplace wellness programs […]
By Adam Malik | February 24, 2021
4 min read
Nearly two-and-a-half years after recreational marijuana was legalized in Canada, the country’s P&C insurance industry is starting to get a sense of the type of claims arising from the October 2018 legalization. The big issue right now is vaping, said Kelli Hunt, vice president of underwriting with Next Wave Insurance Canada. Hunt told Canadian Underwriter […]
By Jason Contant | February 24, 2021
Auto insurers will be watching very carefully to see how future working-from-home arrangements will affect downtown traffic patterns — and hence, auto insurance claims — during the post-pandemic era, says an RSA Canada claims executive. Government lockdowns to avoid the spread of COVID-19, along with subsequent business re-openings, have already made it trickier for insurers […]
By David Gambrill | February 23, 2021
If senior leadership wants employees to follow their guidance on getting vaccinated, they need to set the right example, experts advise. Leaders need to be seen promoting their vaccination programs, says Gigi Acevedo-Parker, a registered nurse and Hub International’s clinical risk management practice leader. And it doesn’t matter if it’s a required or voluntary program. “Leadership […]
By Adam Malik | February 23, 2021
TORONTO – Canada’s biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19. John Aiken, head of research (Canada) at Barclays, says that Canadian bank leaders will likely give analysts insight on how the economy […]
By Jason Contant | February 23, 2021
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