IBAO launches new Web site (August 01, 2006)

The Insurance Brokers Association of Ontario (IBAO) has launched a new Web site, http://www.ibao.org, providing an extensive range of information on insurance topics. Technically developed by AKA New Media Inc. (AKA Broker), the site is designed to be fresh, innovative and user-friendly. A new feature on IBAO’s homepage is the Industry News link found in […]

July 31, 2006 | Last updated on October 1, 2024
1 min read

The Insurance Brokers Association of Ontario (IBAO) has launched a new Web site, http://www.ibao.org, providing an extensive range of information on insurance topics.

Technically developed by AKA New Media Inc. (AKA Broker), the site is designed to be fresh, innovative and user-friendly.

A new feature on IBAO’s homepage is the Industry News link found in the IBAO News and Events section. In partnership with Canadian Underwriter (CU), headline news topics will be fed to IBAO’s site daily, keeping visitors up-to-date with current, insurance-related news.

When users click on a headline news item, a new window will open up and take the visitor to the Canadian Underwriter Web site, where the full story can be viewed.

Additionally in the IBAO News and Events Section, users can find IBAO member-specific news and updates and/or related information.

IBAO’s new Web site also includes a new heading entitled “About IBAO.” This section was added to the site to increase public awareness about the association. It serves as a useful tool for informing the public about all IBAO activities.

Family-owned brokerage snapped up in latest deal

Operations

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

U.S. insurer shares entry plan for Canadian affluent home, auto markets

Operations

U.S. insurer shares entry plan for Canadian affluent home, auto markets

Clear market demand was behind U.S. carrier PURE Insurance’s entry into the Canadian affluent homeowners’ insurance market and plans to enter the auto insurance space next year, the head of the insurer’s Canadian branch told Canadian Underwriter in an interview Tuesday. “From a broker perspective, what we hear from our brokers is there’s definitely a […]

By Jason Contant | September 11, 2024

3 min read

How brokerages can raise capital for M&A

Operations

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