Young Broker Council Conference

The Insurance Brokers Association of Ontario (IBAO) held its 4th Young Broker Council (YBC) Conference at the Sheraton on the Falls Hotel and Conference Centre in Niagara Falls, Ont. between June 4 and June 6. More than 70 YBC members attended the conference, which included a mini trade show and networking event. The YBC team […]

July 31, 2008 | Last updated on October 1, 2024
1 min read
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The Insurance Brokers Association of Ontario (IBAO) held its 4th Young Broker Council (YBC) Conference at the Sheraton on the Falls Hotel and Conference Centre in Niagara Falls, Ont. between June 4 and June 6. More than 70 YBC members attended the conference, which included a mini trade show and networking event. The YBC team leaders are already in the planning stages for next year’s conference. Stay tuned for dates and location in early 2009 or visit the IBAO website – www.ibao.org for upcoming YBC events.

Getting ghosted: Aviva warns of scam brokers selling fake insurance

Operations

Getting ghosted: Aviva warns of scam brokers selling fake insurance

Aviva Canada is warning consumers to beware of an Alberta-based ghost broker that’s claiming to be affiliated with Aviva, but is instead selling fake insurance policies.  “It has come to our attention that Canadians are being scammed by representatives of a company known as AllcoveredbyAviva or Allcoveredbrokers, operating out of Alberta,” says Jamie Lee, head of financial crime […]

By Alyssa DiSabatino | September 17, 2024

2 min read

How brokerages can raise capital for M&A

Operations

How brokerages can raise capital for M&A

With current brokerage valuation multiples sometimes as high as 15 to 20 times EBITDA (earnings before interest, taxes, depreciation and amortization), buying a business is challenging for anyone without access to significant capital. So, how do brokerages finance their deals? “Aside from borrowing from banks, raising capital from insurers or private equity (PE) still continues […]

By Jason Contant | September 25, 2024

3 min read

How brokers can gain competitive edge in risk management

Operations

How brokers can gain competitive edge in risk management

RIMS has partnered with Brokerslink, a global broker network, to offer its risk management certification to its affiliate members. The partnership aims to establish a global standard for risk management knowledge.  As Steve Pottle, director of risk management at Thompson Rivers University puts it, the certificate program will provide affiliate brokers with a baseline for risk […]

By Alyssa DiSabatino | September 16, 2024

3 min read