Industry

The price you pay for a lack of diversity

If your brokerage lacks diversity, you may not only be missing out on growth opportunities, but you also are setting yourself up for bad hires, bad decision-making, and reputational harm, a keynote speaker recently told Ontario brokers. Organizations lacking diversity have a limited capacity to identify potential instances of reputational harm, because the team does […]

By Adam Malik | November 5, 2020

4 min read

Track failure led to train derailment in northern B.C.: safety board

RICHMOND, B.C. – The Transportation Safety Board says a track failure contributed to the derailment of a freight train in northern British Columbia in January. No one was hurt when 34 cars carrying wood pellets on the Canadian National Railway Co. train left the tracks between the communities of Smithers and Terrace. The board’s report […]

By Jason Contant | November 5, 2020

2 min read

NBS 2020 Brokers during the pandemic

Canadian Underwriter’s 2020 National Broker Survey was a survey unlike any other. Conducted during a one-in-100-year global pandemic, we talked to 220 Canadian property and casualty insurance brokers about pressures on the distribution channel, operational challenges, best practices, optimal marketing and sales strategies, and how they feel generally about being a broker. COVID-19 has not […]

By David Gambrill | November 5, 2020

1 min read

NBS 2020 What brokers think about their post-pandemic financial health

Brokers tend to be an optimistic lot. In both 2018 and 2019, most brokers in our National Broker Survey predicted that their financial performance would be better the next year than it was the year before. The same was true in 2020, despite the pandemic and the global economic meltdown associated with it. More than […]

By David Gambrill | November 5, 2020

2 min read