Industry

After 40-plus years, it’s the last day on the job for industry icon J.R. (Bob) Tisdale

Canadian P&C insurance industry icon J.R. (Bob) Tisdale is stepping down today as president and chief operating officer of Pembridge and Pafco insurance companies in Canada, coinciding with his 40-year work anniversary. Allstate Insurance Company of Canada first announced his retirement in August 2019. “In my 42 years in the industry, I have seen some […]

By David Gambrill | August 18, 2020

4 min read

Reinsurers discuss the hard market, new bricks-and-mortar locations

Given the persisting novel coronavirus infections and the economic fallout from the pandemic, it seems unlikely any reinsurers would want to set up new physical locations this year, but that’s exactly what may happen, speakers said recently during an A.M. Best webinar. “You might see a class of 2020 in terms of specialty and E&S […]

By Jason Contant | August 18, 2020

3 min read

Insurtechs urge P&C industry to keep foot on the gas with innovation

Innovation in the insurance industry has shown to be critical over the last number of months, and insurtechs are urging brokers and carriers not to lose the momentum they’ve established. Insurtechs called for closer collaboration between the property and casualty (P&C) insurance industry and insurtechs in a recent webinar, Innovating with Insurtechs — A How […]

By Adam Malik | August 17, 2020

3 min read

What an insurance solution for pandemic risk might look like

The P&C insurance industry has technical expertise it could bring to bear in covering future pandemics (risk management and claims adjustment experience, for example), but the financial losses would best be covered through public-private partnerships, speakers said recently during an A.M. Best reinsurance webinar. “If there is a role where the governments take the vast […]

By Jason Contant | August 17, 2020

3 min read