2008 New Brunswick Fun Night

About 200 insurance industry supporters attended the 2008 New Brunswick Fun Night on May 1 in aid of Women in Insurance Cancer Crusade (WICC). Linda Dawe, CEO of the Insurance Brokers Association of New Brunswick, presented organizer Nancy Thorne with the WICC Lew Dunn Memorial Award. The award had been bestowed upon Thorne at the […]

June 30, 2008 | Last updated on October 1, 2024
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About 200 insurance industry supporters attended the 2008 New Brunswick Fun Night on May 1 in aid of Women in Insurance Cancer Crusade (WICC). Linda Dawe, CEO of the Insurance Brokers Association of New Brunswick, presented organizer Nancy Thorne with the WICC Lew Dunn Memorial Award. The award had been bestowed upon Thorne at the annual WICC Ontario Dinner in March 2008, but Thorne was unable to attend. Thorne is a New Brunswick broker and a cancer survivor. Thorne and her colleagues in 2003 organized a Fun Night, which began as a Pub Night. Since then, it has become an annual community event in Saint John, NB, raising almost Cdn$45,000 for WICC since 2003.

How brokerages can raise capital for M&A

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How brokerages can raise capital for M&A

With current brokerage valuation multiples sometimes as high as 15 to 20 times EBITDA (earnings before interest, taxes, depreciation and amortization), buying a business is challenging for anyone without access to significant capital. So, how do brokerages finance their deals? “Aside from borrowing from banks, raising capital from insurers or private equity (PE) still continues […]

By Jason Contant | September 25, 2024

3 min read

How brokers can gain competitive edge in risk management

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How brokers can gain competitive edge in risk management

RIMS has partnered with Brokerslink, a global broker network, to offer its risk management certification to its affiliate members. The partnership aims to establish a global standard for risk management knowledge.  As Steve Pottle, director of risk management at Thompson Rivers University puts it, the certificate program will provide affiliate brokers with a baseline for risk […]

By Alyssa DiSabatino | September 16, 2024

3 min read

Family-owned brokerage snapped up in latest deal

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Family-owned brokerage snapped up in latest deal

AMC Insurance Services Ltd., based in Surry, B.C., announced it has acquired Western Associated Insurance Brokers Ltd.  Acquisition of the Vancouver-based brokerage brings “a strong clientele and deep-rooted community connections” into the AMC fold, the firm says in a press release. Western Associated Insurance Brokers is a family owned and operated brokerage with more than […]

By Alyssa DiSabatino | September 12, 2024

1 min read