Industry

Inside Westland’s expansion strategy

Westland Insurance has expanded its partnership with Blackstone Credit, which will be investing $250 million towards Westland’s acquisition strategy. And where will this M&A strategy focus next? “Our ambitions are to continue to grow, expand, to serve as many communities in Canada as we can serve, and it will continue for us in 2022 and […]

By Alyssa DiSabatino | January 14, 2022

2 min read

One dead, five missing after explosion, fire at Ottawa tanker truck manufacturer

OTTAWA – One man is dead and five people are missing after an explosion at an Ottawa tanker-truck manufacturer Thursday. Neil Greene, the owner and president at Eastway Tank Pump and Meter Ltd. said Friday he is “completely devastated.” “My heart goes out to their families, loved ones and to all of our employees who […]

By Jason Contant | January 14, 2022

2 min read

Is online the best way for consumers to buy insurance?

A small portion of consumers want to buy insurance online without talking to somebody, Robyn Young, CEO of Excel & Y Insurance Services, told Canadian Underwriter in an interview for the December-January issue. “Do I think that’s the best way to buy insurance? No,” said Young, who took over this past September as president of […]

By Phil | January 13, 2022

2 min read

Assessing the risks of home elevators

The Canadian Elevator Contractors Association (CECA) recently surveyed the industry and found more than 900 private-residence elevators are installed annually in Ontario. CECA estimates over 2,000 residential elevators are installed annually across Canada. For homeowners, having an elevator can increase accessibility and even a home’s selling price. But what are the risks? Unlike the commercial […]

By Phil | January 13, 2022

3 min read