Cyber is one of the fastest-growing areas in insurance. In today’s digital world, cyber risks are an ongoing threat, evolving rapidly and presenting challenges for businesses and insurers. Cyber insurance is not one-size-fits-all. For underwriters to understand and manage cyber risk, they require deep knowledge of traditional underwriting principles, as well as a forward-looking approach […]
September 24, 2024
3 min read
Rhonda Kehler’s insurance journey reflects her commitment and passion that have guided her through various roles on both the broker and insurer side over nearly three decades in the industry. Starting her career in 1996 as a receptionist and processor, Kehler worked as an Autopac CSR and personal lines broker for 16 years, earning her […]
September 24, 2024
3 min read
Capacity evolution within markets for errors and omissions (E&O) and professional liability coverages means the P&C industry must apply a risk-based approach, as opposed to a class-of-business approach, to pricing and segmentation. “We [partnered] with our claims team…as well as our actuarial team…reviewing our portfolio over the last [several] years to understand where the segments […]
By Phil | September 23, 2024
3 min read
Alexander Hoppe’s insurance career began in 2018 with a co-op position at Gore Mutual in auto physical damage claims. He soon took on a role as an advisor at a small insurance office before joining Intact as an underwriter, where he has thrived ever since. A 2017 graduate of Conestoga College’s insurance program, Hoppe completed […]
September 23, 2024
3 min read
While surveys show brokerage owners want to pass businesses on to family members, or to current employees, the economics can make that difficult. And sentiment over a family business can quickly be abandoned if an owner thinks a sale to family will place them in significant debt. “When large consolidators, mid-sized consolidators, or groups that […]
By Phil | September 20, 2024
3 min read
Caroline Girard’s three-decades-long insurance journey is a testament to her dedication and adaptability. Girard joined Wawanesa Insurance in 1993 as a sales agent while studying accounting. She says she’s proud to have grown with the organization over the past 30 years. Her career has seen her navigate various roles, including marketing supervisor, district manager, and […]
September 20, 2024
3 min read
Many benefits attach to evolving your technology strategy and investing in digital solutions – including better connectivity, a more modern user experiences, and advanced capabilities. Having the right management system is business-critical, and yet many brokers delay launching new technologies despite the benefits. That’s because change management is hard, largely because people don’t like change. […]
By Phil | September 19, 2024
4 min read
Christina Euteneier joined the insurance industry on the broker side nearly 10 years ago and soon realized a role in underwriting was better suited to her analytical and people skills. After starting off as a licence issuer in 2015 at Galon Insurance Brokers, Euteneier became a broker selling personal insurance in Saskatchewan. She then joined […]
September 19, 2024
3 min read
New things are exciting. They’re also untested. Which is why brokers must put considerable research into coverage for prototype buildings and construction materials. Calling buildings or components ‘prototypes’ in this context doesn’t mean they’re untried, but rather that they’re not yet widely used in Canada. The term covers anything from new building designs and construction […]
By Phil | September 18, 2024
3 min read
Shelley Willick, president and CEO of Saskatchewan-based Sandbox Mutual Insurance has announced her retirement in December 2024. Willick is an industry vet with 30-plus years’ tenure at Sandbox, including the past five years she’s spent heading the company. She was previously vice president of finance and administration and senior vice president of operations, according […]
By Alyssa DiSabatino | September 18, 2024
1 min read