Industry

How active assailant attacks are redefining terrorism insurance

Attacks involving “active assailants” are on the rise, and brokers shouldn’t assume that a standard property, commercial general liability (CGL), or even terrorism policy will cover the costs of supporting and helping the victims, a specialist insurer said Wednesday. “It almost certainly doesn’t,” said Pat Brice, distribution director with CFC Underwriting. “The risk of these […]

By Jason Contant | February 10, 2020

3 min read

Big Moves – MGA CEO joins Brown & Brown

Mark Woodall, CEO of Special Risk Insurance Managers, joins the leadership team of Brown & Brown, a Florida-based brokerage

February 6, 2020

2 min read

Industry to see single entity for anti-fraud services

Canada’s national trade organization for private insurers has combined forces with a not-for profit organization to transition anti-fraud services into a single entity. Insurance Bureau of Canada’s (IBC) board of directors said in a press release Monday it has agreed to create an industry advisory group on fraud. The formation of the advisory group will […]

By Jason Contant | February 6, 2020

3 min read

What’s going on in the Canadian MGA space?

The managing general agent space in Canada has been busy over the past few months, with the launch of one MGA and the expansion of another. On Jan. 20, three industry veterans – Jeff Hart, Bruce MacKinnon and Tommy Truong – announced the creation of Vailo Insurance Services, based in Port Moody, B.C. The MGA […]

By Jason Contant | February 6, 2020

2 min read