HR
An insurance company’s top manager is “an important face” for brokers, but this does not necessarily mean that big changes will happen any time soon after the recent leadership changes announced by Canada’s top two property and casualty insurers. London-based Aviva announced Tuesday that Colm Holmes is replacing Greg Somerville as CEO of Aviva Canada […]
By Greg Meckbach | January 18, 2018
2 min read
Paul Jackson has been appointed chief marketing and distribution officer for Gore Mutual, effective immediately. Jackson will report to the insurer’s president and CEO Heidi Sevcik. Jackson has played a key role in Gore Mutual’s transformation since joining the organization in 2014, helping the company reposition itself as a mid-sized modern mutual insurer, Gore Mutual […]
By Jason Contant | January 18, 2018
Membership numbers for the Insurance Brokers Association of Ontario (IBAO) show significantly more men than women are broker principals in Ontario, although the association sees reasons for optimism that the gap is starting to shrink. Numbers released in the IBAO’s 2017 Annual report show that, among IBAO’s membership base, 79 per cent of broker principals […]
By David Gambrill | January 17, 2018
Succession planning has triggered an uptick in brokerage mergers and acquisitions over the last couple of years, an industry analyst told Canadian Underwriter recently. “I would say there’s an uptick in assets coming to market that are owner-operated, where succession is the driver, particularly in the insurance brokerage space,” Philip Heywood, partner, transaction services and […]
By Jason Contant | January 17, 2018
The insurance industry has an important role to play in advising drivers how much marijuana, if any, they can use and still be safe on the road, a safety advocate says. Prime Minister Justin Trudeau may be perceived as “too cool for school” by legalizing marijuana, but expect insurers to be left holding the bag […]
By Greg Meckbach | January 9, 2018
3 min read
Merger activity and technology are two major issues facing brokers looking forward into 2018, says the new Insurance Brokers Association of Ontario (IBAO) president Brian Purcell. Purcell talked to Canadian Underwriter shortly after beginning his new role as IBAO president at the start of this year. He elaborated on the two issues below: M&A […]
By Jason Contant | January 4, 2018
McDougall Insurance & Financial is merging with Worden Insurance & Financial Services, a 13-employee brokerage operating out of Oshawa. Based in Belleville, Ont., McDougall Insurance & Financial is looking to extend its footprint in Ontario’s Durham region with its latest acquisition, the brokerage’s vice president of operations told Canadian Underwriter Wednesday. McDougall already operates a full […]
By Jason Contant | January 3, 2018
With digital innovation, customers are extracting more value from their insurance partners — and this will only continue to ramp up in 2018. Insurtech startups raised $985 million in 2017 Q2 alone; investments in startups have increased by 36% over the prior year. Insurtechs may be viewed as industry disruptors, but they are necessary allies […]
By Canadian Underwriter | January 3, 2018
As chair of the board of the Insurance Institute of Canada (IIC), I see graduating insurance professionals who are educated, committed, and inspiring. Their sacrifice and determination in completing their Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations inspires us and we can have confidence that the future of our industry is […]
By Canadian Underwriter | January 2, 2018
Most people in the industry anticipate a hardening of the market in 2018, the aftermath of an historic year of natural catastrophes. Some of the first signs of rising rates in the Canadian P&C industry are already starting to emerge. While the market cycle gives the industry much to talk about, it should not distract […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
