Operations

How Aon and Willis are progressing on proposed merger

The acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with our original time period,” which is to close the deal during the first half of […]

By Greg Meckbach | August 4, 2020

3 min read

IBAO updates awards program to salute community leadership during the pandemic

Shortly after the World Health Organization declared the novel coronavirus to be a global pandemic, when Canadian P&C insurance industry employees first started to work from home remotely to avoid the spread of the virus, Canadian Underwriter asked brokers in a poll to describe acts of leadership or compassion they had witnessed. “One of our […]

By David Gambrill | July 30, 2020

3 min read

What happened to the ex-broker who claimed he was a CE instructor, but wasn’t

A former broker who has vowed never to return to the insurance industry has been ordered to pay a $5,000 civil fine for claiming to be a CE instructor when he had not in fact taught the course he claimed he had. Sean Ronson Nethercott was formerly a Level 2 general insurance broker and a […]

By David Gambrill | July 22, 2020

3 min read

How a simple office procedural error led to a fine for a broker, the nominee, and the brokerage

A “lack of appropriate office procedures,” in addition to a “casual” approach to handling a client file, led to a series of miscues that resulted in coverage not being bound for a married couple who reported a theft of their property in a storage facility while moving their residence, the B.C. Insurance Council has found. […]

By David Gambrill | July 15, 2020

4 min read