HR
One of Canada’s largest independent property and casualty insurance brokerages has announced changes to its executive leadership, effective Sept. 1. Jamie Lyons has been appointed to the role of president and chief operating officer for Westland Insurance Group Ltd., the brokerage said in a press release issued last week. Lyons most recently served as executive […]
By Jason Contant | August 22, 2019
2 min read
Bob Tisdale, president and chief operating officer of Pembridge Insurance Company and Pafco Insurance Company, will retire next year after 40 years in the insurance industry. Tisdale will retire effective Aug. 18, 2020, which coincides with his 40-year work anniversary, Allstate Insurance Company of Canada said in a press release Tuesday. Allstate Canada is Pembridge […]
By Jason Contant | August 20, 2019
3 min read
In today’s digital and rapidly changing market environment, insurers must take a more aggressive and structural approach to productivity to make significant progress, said a new report from management consulting firm McKinsey & Company. “Historically, pulling a clear-cut set of levers focusing on functional efficiency and stringent cost management would differentiate an insurer from the […]
By Jason Contant | August 19, 2019
What are some of the biggest barriers facing brokers looking to cross-sell? Access to market, high rates and underwriting practices (such as asking 30-40 questions on a renter’s policy) are the main culprits, said Jeff Roy, president and CEO of Excalibur Insurance. He spoke to Canadian Underwriter recently following a story on the topic that […]
By Jason Contant | August 9, 2019
The Insurance Institute of Canada is preparing a three-course program specifically tailored to the needs of Managing General Agents (MGAs) in Canada. The hope is to launch the first phase of the MGA program in early 2020. “The program would be the first of its kind in Canada, for sure,” Brad Neal, vice president of […]
By David Gambrill | June 26, 2019
Nearly six out of 10 Canadian employees believe artificial intelligence will have no impact on their jobs, according to a recent survey. Brokers would be wise to not side with the majority. As AI becomes more refined, it will be a boon for the industry, a panel at the Insurance Brokers Association of Ontario’s Young […]
By Adam Malik | June 14, 2019
Are you working with enough application programming interfaces (APIs) that you need an API product manager? Mark O’Neill, VP analyst at research and advisory firm Gartner, recommends that companies create such a role within their organization. The role doesn’t necessarily have to be full-time, and larger companies may even have multiple people fulfilling the job […]
By Jason Contant | June 14, 2019
Network, build your brand, develop partnerships and squash procrastination – those are just some of the things young brokers need to do as they move up the ranks. With a room full of young brokers in front of them, expert panellists were asked to give them one piece of advice that would help in their […]
By Adam Malik | June 12, 2019
As brokers across the country report difficulty in finding qualified employees, the situation in Alberta may be compounded by an “abysmal” pass rate on the provincial broker licensing exam. “As it currently stands today, we are at a 36.5% pass rate for first-time exam writers,” said Anthonet Maramieri, chief operating officer of the Alberta Insurance […]
By David Gambrill | May 8, 2019
Are you a personal lines specialist who is attracted by the allure of working in commercial lines? You’re not alone. “I think a lot of people often say, ‘Well, I’m in personal lines and I aspire to commercial because it’s more specialized, it’s sexier and it gets more press,’” said David Crozier, president of Markel […]
By Jason Contant | April 22, 2019
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