Operations
Personalized service is what consumers across Ontario most value in their relationships with P&C brokers, with broker expertise coming in second, found a market research expert speaking at the recent Insurance Brokers Association of Ontario (IBAO) Convention. On the other hand, brokers rank themselves highly for their personalized service and rates, said Erin Kelly, CEO […]
By Alyssa DiSabatino | October 31, 2022
4 min read
Canadian commercial P&C brokerages buying wealth management, retirement planning and benefits firms want cross-selling opportunities
By Phil | October 28, 2022
3 min read
HR
When P&C brokerages buy advisories that sell wealth management, retirement planning and benefits products, they also get talented employees
By Phil | October 27, 2022
People looking to buy or sell insurance brokerages must ensure the company is properly valued to ensure correct financing terms
By Phil | October 26, 2022
Given highly-valued brokerages and plenty of willing private equity acquirers, a capital-agnostic view of brokerage ownership is taking hold.
By David Gambrill | October 25, 2022
Legal / Regulation
The associations for P&C brokers and insurers seek clarification and amendments to proposed regulatory guidance on incentives management.
By Jason Contant | October 25, 2022
Much like Amazon, P&C insurance brokers offer consumers distribution, choice and data, a broker executive observed at the Insurance Brokers Association of Ontario (IBAO) convention in Toronto last Thursday. In the same way, brokers offer insureds three things that underpin the offerings of big tech firms like Google, Facebook, Uber and Airbnb, said Sherif […]
By Alyssa DiSabatino | October 24, 2022
Amazon in the U.K. is now selling home insurance, prompting Canadian brokers and insurer CEOs to ask: Could it happen here?
By David Gambrill | October 21, 2022
5 min read
While the worst of the hard market in Canada is gradually drifting behind us and COVID-19 is taking something of a holiday, not all is rosy, especially for commercial lines business. Brokers worked tirelessly over the past several years to assist insurance company partners in explaining and selling premium increases to clients as needed market […]
By Phil | October 21, 2022
2 min read
Brokerages won’t suffer the same downfall as Blockbuster did over a decade ago, says one broker exec, because the broker channel has already begun addressing and responding to one industry blind spot — technology. That said, there are ways that brokerages can further digitize in order to continue providing a value-add to consumers, suggests Sam […]
By Alyssa DiSabatino | October 21, 2022
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