Operations
BrokerLink continues to expand in Ontario and Alberta with the acquisition of three more brokerages in the provinces.
By Jason Contant | November 8, 2022
2 min read
Financing is the biggest barrier to brokerage ownership for brokers who aspire to one-day buy their own firm, according to a new survey.
By Alyssa DiSabatino | November 8, 2022
3 min read
HR
It’s important for women in Canada’s insurance industry to hear stories about the paths other women leaders have taken to achieve success, said the winner of a national leadership award from the Insurance Institute of Canada. “We need to give more visibility to the stories of successful women leaders in our industry,” said Renée-Léa Soucy, […]
Older investment advisors can stay on at their firms after they're purchased by P&C brokers so long as they have something to offer.
By Phil | November 4, 2022
The best way to support young brokers who aspire to senior leadership or brokerage ownership roles is through mentorship and training, said respondents in a Canadian Underwriter online survey. However, owners and employees aren’t fully aligned on how effectively these opportunities are presented, according to responses from 222 brokerage employees.
By Alyssa DiSabatino | November 4, 2022
MONTREAL – An Indigenous Quebec man who was denied car insurance because he lived on a reserve was the victim of race discrimination, the province’s human rights commission concluded in a recent decision. Alexis Wawanoloath, a lawyer and ex-Parti Quebecois member of the legislature, told a news conference Thursday he welcomed the decision stemming from […]
Most employers don’t really understand what motivates their salespeople, which may cause their top producers to seek work elsewhere.
By David Gambrill | November 3, 2022
Companies that don’t employ, at the very least, a hybrid work option, can expect an increase in employee turnover. “And what that means is losing talented employees to other organizations,” said hybrid work expert Hassan Osman at the Insurance Brokers Association of Ontario (IBAO) Convention in Toronto. “During the pandemic, a lot of people have […]
By Alyssa DiSabatino | November 2, 2022
Collectivfide Insurance Group has closed the acquisition of majority stakes in two Ontario-based brokerages.
By Jason Contant | November 1, 2022
Market conditions remain complex but are stabilizing as the industry approaches its last quarter this year, Aon’s 2022 Canadian Insurance Market Report found. Increased competition, along with positive underwriting results and loss activity, marks a transition from significantly challenged market results toward profitable growth. Signs of growth or improvement are showing across commercial property, casualty, […]
By Alyssa DiSabatino | November 1, 2022
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