Industry
Shelley Willick, President & CEO, Saskatchewan Mutual Insurance Company (SMI) When the pandemic hit in 2020, what we assumed would last only a few weeks or maybe months has turned into 20 months and counting. The industry has shown tremendous resilience throughout the pandemic as it stretched through 2021. The industry adapted and pivoted, putting the health […]
By Phil | December 22, 2021
2 min read
Jason Storah, CEO, Aviva Canada The lesson I hope we all take from these past 20 months is a collective acknowledgement that science saves lives. As COVID-19 moves to the rear-view mirror, we must turn our focus to the climate emergency. Millions of people are already living with the consequences. The science exists today to help […]
VANCOUVER – British Columbia residents are being urged to prepare for extremely cold temperatures, power outages and slick streets as a series of winter storm and freezing rain warnings covered most of the province. The B.C. government released a statement saying strong storms would clash with cold Arctic air throughout the province between Tuesday and […]
By Jason Contant | December 22, 2021
Renato Rodrigues, CEO, AXA XL, Canada Resiliency, global connectivity and the impact of non-operational risks are some of the top lessons from this second year of the global pandemic. Overall, businesses have shown real resiliency, particularly amid incredible uncertainty, mandated shutdowns, changes to operations and variations in consumer behaviour. This year certainly showed the extent of connectivity […]
By Phil | December 21, 2021
Saad Mered, CEO, Zurich Canada Insurance professionals showed great resilience in 2021 and we cannot take that for granted. We need to continue to help them focus on well-being, mental health and managing their work-life balance. As the industry continues to struggle with attracting talent in a hypercompetitive labour market, keeping employees engaged, challenged and connected has […]
Rob Marsh, President, Liberty Mutual Canada The last 18 months have been an incredible test in resilience and they’ve certainly been interesting from a risk perspective. We’ve seen how a significant event can cascade negative impacts across regions and industries in real-time. There are daily news stories about supply chain disruptions brought on by COVID-19; the […]
VANCOUVER – British Columbia’s “hobbled” supply chains received a major boost with the reopening of the primary transport route for goods heading to and from Metro Vancouver, a spokesman for the trucking industry said. The Coquihalla Highway between Hope and Merritt reopened ahead of schedule Monday to commercial traffic and intercity buses. It had been […]
By Jason Contant | December 21, 2021
3 min read
Marc Lipman, President, Lloyd’s Canada and Attorney in Fact in Canada, Lloyd’s of London As the Canadian economy and society tentatively emerge from the COVID-19 pandemic, there are a number of important questions for the insurance industry to consider. None are more important than: Has the industry served our clients appropriately and does the insurance sector remain […]
By Phil | December 20, 2021
Christian Fournier, Executive Vice-President and Lead, Property and Casualty Insurance, Beneva [La Capitale/SSQ] One lesson from 2021 is that the consolidation in our industry is ongoing. There have been mergers of brokers and insurers. The pandemic hasn’t slowed that down. This is a trend in our industry, as much in distribution as in carriers. The question was […]
Travel industry experts are warning Canadians to double check their insurance coverage before embarking on a trip this holiday season amid tightening travel restrictions. Holiday travel has been upended by the latest COVID-19 variant sweeping the globe, prompting some travellers to postpone or cancel trips. For those determined to travel, experts say renewed travel advisories […]
By Jason Contant | December 20, 2021
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