Industry
VANCOUVER – A key highway link between British Columbia’s Lower Mainland and the rest of the province will reopen to essential traffic by the end of the day on Monday, five weeks after it was heavily damaged by severe rainstorms. Transportation Minister Rob Fleming said the pending reopening of the Coquihalla Highway is “one of […]
By Jason Contant | December 16, 2021
4 min read
Carol Jardine, EVP & president of Canadian P&C operations, Wawanesa Mutual Insurance Company A big thank you to our brokers, policyholders and employees as Wawanesa celebrates our 125th anniversary. Milestones like this make you think about where you’ve been and where you’re headed. We’ve remained resilient through wars, countless catastrophes, pandemics past and present – providing […]
By Phil | December 15, 2021
2 min read
Nick Creatura, president & CEO, Canada, CNA 2021 has been a transformative year. While we are seeing some return to normal interpersonal interactions as COVID-19 abates, the accelerated digitization of client and partner interactions is likely to continue. The virtualization of work has set a new baseline which will continue beyond the pandemic. This crisis […]
Patrick Barbeau, executive vice president and COO, Intact Financial Corporation Our purpose is to help people, and the importance of this purpose was highlighted in the last 20 months as we took on COVID-19, one of the biggest economic and social challenges of our lifetimes. Our focus, then and now, is being there for our […]
ST. JOHN’S, N.L. – An Irish expert says the fact Newfoundland and Labrador has to rebuild “from scratch” systems affected by an Oct. 30 cyberattack provides a new clue about the attack and its progress. Brian Honan said in an interview today that when victims of ransomware attacks have to completely rebuild systems, it’s typically […]
By Jason Contant | December 15, 2021
1 min read
Speed can equal success when a private equity firm is looking to acquire a company. But the rush to close a deal can also mean insurance gets put on the back burner. A private equity firm often buys a controlling stake of a company and then becomes an active owner in that portfolio company. But […]
By Phil | December 14, 2021
As 2021 draws to a close, Canadian Underwriter looks ahead with its annual Executive Outlook for 2022. Our December 2021/January 2022 print issue included outlooks from eight property and casualty insurer executives and 10 brokerage executives. In total, we received feedback from nearly 40 executives, representing both carriers and brokerages. We will be featuring all […]
By Jason Contant | December 14, 2021
CALGARY – Experts say Canadians should use good “cyber hygiene” in light of the discovery of a massive software flaw that has resulted in the precautionary shutdown of thousands of websites. The federal government, the government of Quebec and the Canada Revenue Agency are among the organizations that temporarily suspended websites as a precaution after […]
3 min read
The Canadian insurance industry has a lot to gain from making payments faster, easier, and more transparent. In a post-pandemic economy, many Canadians are reducing their use of cash as a payment method and are relying instead on digital payments. In fact, a recent Interac survey¹ revealed that two thirds of Canadians believe businesses that […]
December 14, 2021
A few relatively simple changes can make a big difference in recruiting efforts for mid-size firms, two workforce management firms said in a recent blog. First, rewrite job postings and descriptions to emphasize the benefits of working for you instead of your specs and requirements, advised Jeff Green and Christin McClave in a blog from Harvard Business Review. Green is the […]
By Jason Contant | December 13, 2021
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