HR
New CEO for Manitoba Public Insurance The Government of Manitoba has announced that Benjamin Graham will become the new president and CEO of Manitoba Public Insurance (MPI), effective Feb. 1, 2018. Manitoba Premier Brian Pallister made the announcement in a press release on Dec. 15. Graham brings nearly 15 years of senior leadership to his […]
By Canadian Underwriter | December 21, 2017
3 min read
Dalton Timmis Insurance Group’s technological capabilities and its “unique abilities” in motorcycle and transportation insurance were among the factors that made it an ideal acquisition target for U.S. brokerage NFP Corp., the president of NFP in Canada said Wednesday. Marty Shaw told Canadian Underwriter that NFP’s strategic acquisition is the first Canadian P&C acquisition for […]
By Jason Contant | December 21, 2017
2 min read
A new trade forum for managing general agents (MGAs) has been launched in Canada to help address changes in the market. The Canadian Managing General Agents forum (CAMGA) is an attempt to draw MGAs together and will provide an opportunity for discussion and networking, CAMGA membership secretary Gary Hirst told Canadian Underwriter Monday. While similar […]
By Jason Contant | December 19, 2017
The challenge for the property and casualty insurance industry in recruiting young engineers is that engineers generally want to make things instead of figuring out why things crashed or burned. “We have had a challenging time servicing our clients in the insurance industry primarily because it’s difficult to find good talent,” Jamie Catania, vice president […]
By Jason Contant | December 8, 2017
Guarantee Company of North America appoints two members to board of directors The Guarantee Company of North America has appointed Bev Wittmack and Dawn Tattle to its board of directors. Wittmack is a director of JEH Enterprises Inc., a privately-owned business consortium with major holdings in commercial and residential real estate in Canada and the […]
By Canadian Underwriter | December 7, 2017
More than six in 10 (63% of) risk management professionals in the United States and Canada reported performing functions in addition to risk management in their organizations, according to RIMS’ 2017 Risk Management Compensation Survey. One reason why is because of how much of a risk manager’s time is spent on insurance procurement, says Darius […]
By Jason Contant | December 6, 2017
Brokers need to be mindful of how they protect their clients’ information in the digital age, particularly when they transfer information to and from their office to work remotely from home. “We recognize that the digital era is upon us, but along with that, none of the rules have changed with respect to protecting clients’ […]
By Jason Contant | December 1, 2017
IndemniPro shakes up Quebec leadership IndemniPro, an independent claims adjuster, has announced two organizational changes in Quebec. After a 16-year career with IndemniPro, Suzie Godmer, senior vice president of the company’s Quebec and Atlantic Canada regions, has decided to leave her current position “to join one of Canada’s largest insurers,” effective January 2018. Christopher Tirrell, […]
By Canadian Underwriter | November 30, 2017
Registered Insurance Brokers of Ontario officials are “giving some thought” to how they will make disciplinary committee hearings public, RIBO’s chief executive officer said Thursday. “Just because the hearings are required to be held in camera doesn’t mean that we have not been pretty effective at regulating the profession,” RIBO CEO Patrick Ballantyne said Thursday […]
By Jason Contant | November 30, 2017
While the Office of the Superintendent of Financial Institutions (OSFI) expects federally regulated insurers (FRIs) to comply with its guideline on reinsurance, it realizes that “this guidance was not always well-understood by the industry and [has] identified opportunities to clarify our expectations.” Reinsurance is a tool used extensively by FRIs to manage insurance risks and […]
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