HR
The key variables driving overall commercial insurance customer satisfaction in Canada and the United States are insurer profitability and broker expertise, according to the J.D. Power 2016 Large Commercial Insurance Study. The survey, which provides an “independent and objective” measure of overall satisfaction among large commercial insurance risk professionals in Canada and the U.S., was […]
By Canadian Underwriter | December 5, 2016
3 min read
The province of Ontario is launching consultations until the end of January 2017, asking businesses and the public to help identify and improve regulations that are “unclear, outdated, redundant or unnecessarily costly” for the financial services sector. Feedback can be provided online at ontario.ca/RedTapeChallenge, a crowd-sourced platform that gives businesses and the public the chance […]
By Canadian Underwriter | December 1, 2016
2 min read
Mark Day, recipient of the Donald M. Stuart Award, sees risk professionals increasingly becoming part of conversations early on.
December 1, 2016
6 min read
Insurance firms that carry out a significant acquisition outperform their peers, with the strongest outperformance seen in North America, followed by Europe and Asia-Pacific, according to a new study. Based on analysis from Willis Towers Watson (WTW) and the University of London’s Cass Business School in the United Kingdom, the Insurance M&A Success Tracker explores […]
Burns Demeyere & Associates (BDA), a Tillsonburg, Ont.-based brokerage with a history dating back about 125 years, will join McFarlan Rowlands Insurance Brokers at the beginning of 2017. McFarlan Rowlands – which also has established roots in its community and has operated for more than 100 years – reported Monday that move means the London-based […]
By Canadian Underwriter | November 29, 2016
Cybercriminals are sometimes using distributed denial of service (DDoS) attacks as a “smokescreen” to distract businesses while hackers launch other attacks, cybersecurity company Kaspersky Lab said in a recently released survey. According to the 2016 Kaspersky Lab Corporate IT Security Risks study, more than half (56%) of businesses questioned are confident that DDoS attacks have […]
By Canadian Underwriter | November 25, 2016
A new “mobility services market” tied to products and services related to autonomy, mobility and connectivity will be worth well over US$1 trillion globally by 2030, according to a new report from KPMG. Deep learning – an advanced form of artificial intelligence and dynamic way of computerized decision-making – will drive significant change for autonomous […]
Aviva Canada’s recent Broker Hackathon has chosen its People’s Choice and Winner from a total of 61 submissions: Commercial Catalyst, a “simple, quick and easy way for brokers and customers to quote and bind small commercial business” and a responsive web-based platform that allows brokers integration with Aviva’s rates. Aviva Canada’s first-ever Broker Hackathon, held […]
The traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world is not going to be sustainable 10, 15 years down the road,” Heather Masterson, president […]
By Angela Stelmakowich | November 23, 2016
4 min read
The Insurance Institute of Canada (IIC) has awarded Silvy Wright, president and CEO of Northbridge Financial Corporation, an Honorary Chartered Insurance Professional (HCIP) designation and presented IIC volunteer Ted Teterenko with an Award of Merit. In awarding Wright (pictured right) the designation, the IIC said in a press release on Wednesday that it is recognizing […]
By Canadian Underwriter | November 23, 2016
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