HR
Brokers are challenged by the hard market and the pandemic but still say they love what they're doing to help clients.
By Phil | July 12, 2022
3 min read
Operations
Despite Interac payment systems and phone lines being down, most businesses will not have insurance coverage for any type of income loss as a result of the national Rogers outage on Friday, says one insurance expert. The outage, which affected mobile and internet users, was reportedly caused by a maintenance update. The outage prevented […]
By Alyssa DiSabatino | July 11, 2022
The hard market for insurance coverage is compounded by a thin selection of new, young talent a new survey finds.
By Phil | July 4, 2022
2 min read
COVID-19 and the hard market combined to make it much harder for insurance brokers to find new customers and get referrals.
By Phil | June 30, 2022
Building relationships across the industry and offering consistency can help brokers overcome a slew of future challenges, including quickening market consolidation, an impending recession, diminished capacity and the hard market, say broker executives. “In order to be able to meet head-on some of the challenges around capacity [and] consolidation of carriers, keep driving [and] building […]
By Alyssa DiSabatino | June 28, 2022
Many Canadian P&C companies have shown their support for 2SLGBTQ+ Pride by emblazoning their company logo in rainbow colourways. But creating employee-resource groups, recruitment practices and marketing that embraces 2SLGBTQ+ employees, stakeholders and policyholders is critical for moving the dial further, industry experts say. Although Pride Month is coming to a close, the effort to […]
By Alyssa DiSabatino | June 27, 2022
Despite online insurance gaining popularity, consumers still need — and want — personalized advice from their insurance companies and brokers, executives observed during a recent industry panel discussion. “I had really thought at the end of 2020 that digital would take over everything,” said Louis Gagnon, president of Intact Canada, at the June 2022 […]
By Alyssa DiSabatino | June 24, 2022
Legal / Regulation
Don Forgeron will retire as president and CEO of the Insurance Bureau of Canada after an almost 30-year long tenure.
By Alyssa DiSabatino | June 23, 2022
%%sitename%% Canada’s largest insurer thinks 15% of insurers will undergo ownership changes in the next five years.
By Alyssa DiSabatino | June 22, 2022
Insurance brokers say commissions and performance bonuses aren't always enough to compensate for excessive work loads.
By Phil | June 21, 2022
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