PartnerRe Broker Appreciation

PartnerRe held its Broker Appreciation Event at the Mosport Driver Development Center just outside of Toronto on June 16. High in excitement, this day provided a unique opportunity for drivers to test their skills in the new Van Diemen Formula cars. With 170 horsepower and the ability to zip from 0-60 mp-h in slightly more […]

July 31, 2008 | Last updated on October 1, 2024
1 min read
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PartnerRe held its Broker Appreciation Event at the Mosport Driver Development Center just outside of Toronto on June 16. High in excitement, this day provided a unique opportunity for drivers to test their skills in the new Van Diemen Formula cars. With 170 horsepower and the ability to zip from 0-60 mp-h in slightly more than four seconds, the adrenaline was certainly pumping.

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

Brokerage executives share M&A strategies

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Brokerage executives share M&A strategies

The beginning of 2023 saw a slowdown in mergers and acquisitions (M&A) activity in Canada’s P&C brokerage space as brokers’ interest in deal-making appeared to decline. At the time, the inflationary environment and higher cost of capital to make deals were mentioned as contributing factors. But by mid-2023, M&A activity picked up again, and it’s […]

By Jason Contant | September 26, 2024

3 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