Operations
As economies re-open with more people getting their COVID-19 vaccinations, corporate executives will put more thought into their decisions on whether or not employees travel, suggests the CEO of Marsh & McLennan Companies Inc. New York City-based Marsh & McLennan will gradually increase its travel and entertainment spending throughout the remainder of 2021, CEO Dan […]
By Greg Meckbach | July 27, 2021
2 min read
Gore Mutual has gone live with technology that lets the carrier bind policies for brokers, in minutes in some cases. The Cambridge, Ont.-based property and casualty insurer “has completely changed the operating model for personal lines,” CEO Andy Taylor said last week in an interview with Canadian Underwriter. “In our prior model, which was a […]
By Greg Meckbach | July 26, 2021
Aon plc is no longer going to acquire Willis Towers Watson plc. Aon and Willis – the world’s second and third biggest commercial property and casualty brokerage respectively – are terminating their US$30-billion combination agreement, Aon announced Monday. The proposed agreement was originally announced in March of 2020. But on June 16, 2021, the U.S. […]
McFarlan Rowlands acquired Magenta in Ontario, a deal that expands its presence into the child care and youth services space.
By David Gambrill | July 22, 2021
3 min read
Brokers can learn from the classic business parable, Who Moved My Cheese, by adapting to a changing office in the future.
By David Gambrill | July 21, 2021
4 min read
Legal / Regulation
The Alberta Insurance Council issued an $8,000 civil penalty to an auto dealer over its use of an insurer's internet quoting system
By David Gambrill | July 16, 2021
Underwriters are paying close attention to how privately-held companies will respond to the feds' phase-out of COVID relief benefits
By David Gambrill | July 9, 2021
When people typically think of collector cars, they may immediately think of something like a 1970 Dodge Challenger, a Classic Corvette, and other cars of that vintage. But collector cars also include exotics — think of something from Lamborghini — and some cars that may never see a paved surface, such as a race car […]
By David Gambrill | July 8, 2021
A court decision in Teksavvy points the way to how to block an online website operated by unlicensed professionals, such as brokers.
By Greg Meckbach | July 8, 2021
6 min read
Canada’s competition regulator is reviewing the proposed merger of global brokerages Aon plc and Willis Towers Watson plc, but the federal government is not saying whether it has actually received any complaints. The US$30-billion deal, originally announced in March 2020, was approved by shareholders of Aon and Willis Towers Watson in August 2020. If completed, the […]
By Greg Meckbach | July 5, 2021
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