Operations

P&C industry should consider “under-hiring” to fill talent gap: RIMS panel

P&C insurance is still struggling to backfill employees, as executives retire and the Great Resignation directs workers to other industries, industry experts told delegates attending a RIMS Canada Conference panel in Halifax. Possible solutions include turning to students (via apprenticeships), recruiting in high schools, and hiring those with 70% of the required experience — or […]

By Alyssa DiSabatino | September 15, 2022

3 min read

Why rig-handling analytics are now key for brokers insuring trucking firms

Supply chain challenges, shrinking capacity, electrification of vehicles and better data management are among the pressures facing transportation clients, said Canada’s largest insurer. “You can’t be a specialist in transportation in the insurance field if you don’t really understand the pressures customers are feeling,” said Angelique Magi, national vice president of specialty auto and transportation […]

By Phil | September 14, 2022

3 min read

Busy month in M&A for BrokerLink, Westland

BrokerLink and Westland Insurance Group announced a series of brokerage M&A deals in September, including the acquisitions of a total of four brokerages and one employee benefits firm between them.  BrokerLink announced the acquisition of J.W. Davis Insurance Brokers and Kuhn & Associates Insurance and Financial Services, both based in Ontario, as well as Halifax-based […]

By Jason Contant | September 14, 2022

2 min read

Commercial insureds favour supply chain certainty over higher costs of goods

Commercial clients of the Canadian P&C industry are pragmatically accepting higher costs of goods to achieve more certainty around product and service delivery, one P&C industry executive observed. It’s a pragmatic response to a volatile world featuring war, a looming economic recession, climate change, labour shortages and supply chain disruptions, observed Zurich Canada CEO Saad […]

By David Gambrill | September 14, 2022

3 min read