Industry

The key demographic noticing the industry’s technological pivot

The property and casualty insurance industry’s response following the global declaration of the COVID-19 pandemic and how it adjusted quickly in numerous aspects, especially technology, has made the industry more attractive to new graduates, according to a recent report. While the industry has been moving into a more technologically-driven ecosystem over the last number of […]

By Adam Malik | September 9, 2020

3 min read

Why your clients aren’t feeling too good these days

Whether it’s your personal or commercial clients, neither are feeling too optimistic about their financial situation as the COVID-19 pandemic continues to stress them out, a pair of recent surveys have found. But the head of the national broker association said brokers are ready to respond to the new realities. Nearly half of Canadians (45%) […]

By Adam Malik | September 9, 2020

3 min read

Why the status quo can be dangerous in the construction insurance world

“We’ve always done it this way” are six dangerous words in the construction world, and equally dangerous for those trying to assess or procure adequate insurance for construction projects. “Doing what we’ve always done rarely is OK when we’re facing change,” said Mike Hergott, senior vice president of construction and surety, Ontario region, with Gallagher. […]

By Jason Contant | September 9, 2020

4 min read

COVID-19 compounds ongoing real estate insurance challenges

The global pandemic isn’t necessarily causing a large number of problems around insurance issues in the real estate sector, but it’s clogging up the pathway to making things better. “The way we’re thinking about real estate and insurance is that, I would argue, COVID-19 is not one of the three driving issues right now in […]

By Adam Malik | September 8, 2020

3 min read