The Boiler Inspection and Insurance Company of Canada is the new Full Partner of the Broker Identity Program for 2014

By Canadian Underwriter | May 7, 2014 | Last updated on September 9, 2024
2 min read

The Insurance Brokers Association of Canada (IBAC) is pleased to welcome The Boiler Inspection and Insurance Company of Canada (HSB BI&I), part of Munich Re, as a Full Partner of the Broker Identity Program.

The program’s centre-piece is the BIP symbol known as the BIPPER. The symbol captures the value that insurance brokers bring their clients: choice, coverage, security and peace of mind. By investing in the program, HSB BI&I supports the campaign whose purpose is to raise awareness of the value of the insurance broker distribution network. 

“The broker channel is important for HSB BI&I, our insureds, and our industry as a whole,” said Derrick Hughes, HSB BI&I Vice President. “We fully endorse IBAC’s efforts to advocate at the Federal level on behalf of P&C brokers and their customers.”

IBAC Chief Executive Officer Dan Danyluk added: “We are delighted that HSB BI&I is joining the Broker Identity Program as a Full Partner. The support of such a long term insurer is much appreciated.”

Launched 25 years ago, the mission of the Broker Identity Program is to promote the value and professionalism of the insurance broker to consumers, insurers and governments. It is a branding campaign for over 35,000 insurance brokers.

About The Boiler Inspection and Insurance Company of Canada

Since 1875, The Boiler Inspection and Insurance Company of Canada has been Canada’s equipment breakdown specialist, serving customers both directly through strong broker relationships and as a trusted reinsurance partner to over 50 P&C companies. Today, as a proud member of HSB (Hartford Steam Boiler) Group and the Munich Re Risk Solutions family, it remains Canada’s number one equipment breakdown insurer, helping clients reduce risk through a unique combination of specialty coverages, engineering-based risk management strategies, and an in-house team of jurisdictional and loss-prevention inspectors. For more information, visit biico.com.

About IBAC

Founded in 1921, the Insurance Brokers Association of Canada is a federation of 11 provincial and regional associations of property and casualty insurance brokers across Canada.  These associations represent approximately 35,000 insurance brokers in virtually every community across the country. As a not for profit organization, IBAC is neither an insurance company nor does it sell insurance products or represent insurance companies.

http://www.ibac.ca

Canadian Underwriter