Operations

Briefing Note: Saskatchewan

Before the COVID-19 pandemic, Saskatchewan was projected to see a rare year of economic growth. “Our economy was sluggish heading into the crisis, but it was showing signs of shaking off some rust. Capital investment projections for 2020 were forecasting an increase for only the second time in the last six years, 0.4%,” says Derek […]

July 5, 2020

2 min read

Briefing Note: Alberta

Before COVID-19 hit Canada in March, George Hodgson, CEO of the Insurance Brokers Association of Alberta, says “a good chunk of habitational personal property was probably doing okay.” At least, outside of the condo market. Brokers are struggling to place condo policies, and if they are finding coverage, “the premiums are much, much higher than […]

July 4, 2020

2 min read

Briefing Note: British Columbia

Heading into 2020, Chuck Byrne, executive director of the Insurance Brokers Association of British Columbia (IBABC), thought he’d be spending his time preparing local brokers for their public auto insurer’s adoption of a no-fault system in May 2021. Instead, he’s split his time evenly between two problems: COVID-19 and the strata insurance crisis. “Things were […]

July 3, 2020

2 min read

Trusted advisors take centre stage

Canadian Underwriter recently surveyed 653 home and auto insurance customers, as well as 159 commercial insurance policyholders, all of whom buy their insurance through the broker channel. We asked them to tell us what they thought about the service they were receiving from their brokers. Here is what they told us…

July 2, 2020

12 min read