HR
The Canadian property and casualty insurance industry’s entry-to-exit ratio is declining, meaning insurance organizations will find it harder to grow in the years to come. Few regions should be as concerned as Atlantic Canada and Saskatchewan when it comes to the aging profile of the industry’s workforce, the Insurance Institute of Canada noted in its […]
By Jason Contant | October 31, 2018
3 min read
Managing general agent APRIL Canada has launched APRIL University with three training programs and two more in the development stage. Essentials of pleasure craft insurance (1.5 RIBO hours), Ontario rentals & Airbnb market (1 RIBO hour) and insurance for general and specialized contractors (not currently accredited, but destined to be in the near future) are […]
2 min read
This story is one in a series reporting on the results of 2018 National Broker Survey, conducted by Canadian Underwriter. The survey of more than 800 P&C brokers nationally was designed to identify the success strategies of both producers and principals. Find other instalments in the series here and our overview package in our October 2018 issue. The Power of […]
By David Gambrill | October 27, 2018
5 min read
Canadian employees in the insurance industry are about 13% more likely to work remotely than office workers in the United States. One in five U.S. office workers work remotely now, the New York Post reported last week. By contrast, more than one-third of employees in the Canadian insurance industry work remotely, according to the Insurance […]
By Jason Contant | October 25, 2018
Brokerage owners in some regions are struggling to find staff who know commercial lines. “There are very few people (in Saskatchewan) who understand commercial insurance deeply,” said David Reidy, president and CEO of Regina-based commercial brokerage Henderson Insurance Inc. To recruit commercial brokers, Henderson “ends up pulling from different industry segments,” Reidy said in a […]
By Greg Meckbach | October 14, 2018
Corporate leaders are becoming convinced of the wide-ranging impact that effective data collection can have on the bottom line, and insurance companies and brokerages are no exception. This impact can be felt across the organization, from tracking daily reports against key performance indicators to making informed decisions about where to spending marketing dollars. It also […]
By Jason Contant | October 9, 2018
Brokers need to know what their client’s habitational lease or contract states about marijuana use to provide their best advice, the Insurance Brokers Association of Ontario said Thursday. Kevin O’Hare, IBAO’s education supervisor and instructional designer, said brokers need to know their client’s dwelling type, particularly whether it’s an apartment or condominium, and what the […]
By Jason Contant | September 28, 2018
Do insurers need to hire the brightest computer programmers and pay through the nose if they want to get the most out of data analytics? Not according to some Insurance Analytics Summit Canada speakers. “People from behavioural science, people from biology – different backgrounds – can form fantastic analytics teams because it’s not about the […]
By Greg Meckbach | September 28, 2018
Despite popular stereotypes, women are not better multi-taskers than men, suggests a new blog from Harvard Business Review. “We cannot exclude the possibility that there are no sex differences in serial multitasking abilities, but if they exist, such differences are likely to be very small,” wrote authors Julien Laloyaux, Frank Laroi and Marco Hirnstein in […]
By Jason Contant | September 26, 2018
When Matt Alston hires workers for his property and casualty brokerage, he is not looking for a walking encyclopedia of insurance. At Surex Direct, personality “always trumps technical skills and accreditations,” said Alston, Surex Direct’s co-founder and chief operating officer. “When people come and apply and they have their [Canadian accredited insurance broker] level 1 […]
By Greg Meckbach | September 18, 2018
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