Industry

What’s keeping insurance CEOs up at night

About 10 months into the global COVID-19 pandemic, insurance leaders are less confident about growing their business and are increasingly concerned about the cratering economy, an insurance industry observer told a recent virtual conference. Even so, they’re showing more confidence about finding talent and have accelerated their digital plans, said Laura Hay, global head of […]

By Adam Malik | December 15, 2020

3 min read

Series of gaps allowed massive Desjardins data breach, privacy watchdog says

OTTAWA – A series of technological and administrative gaps caused a high-profile data breach at Desjardins – the largest to date in the Canadian financial services sector, the federal privacy watchdog has found. Privacy commissioner Daniel Therrien said Monday that Desjardins did not demonstrate the level of attention needed to protect the sensitive personal information […]

By Jason Contant | December 15, 2020

4 min read

Christmas movies that would benefit from insurance coverage

It’s less than two weeks until Christmas, and insurance professionals are looking forward to some downtime following an unprecedented year. The 2020 holiday season may look different this year due to the ongoing COVID-19 pandemic, and it’s a good bet that more people will be home watching their favourite shows to help prevent the spread […]

By Jason Contant | December 14, 2020

4 min read

Feeling more like a career counsellor than a broker these days? That’s not a bad thing.

Based on estimates of 160,000 Canadian small businesses at risk of closing due to the COVID-19 pandemic — or even as many as 225,000 closures, per the Canadian Federation of Independent Business — brokers have a part to play in helping clients both save and reshape their companies, a senior broker leader says. Helping teetering […]

By Adam Malik | December 14, 2020

3 min read