Operations

These Canadian brokerages are re-branding to NFP

Dalton Timmis Insurance Group Inc. and McLean Hallmark Insurance Group Ltd. are among the Canadian brokerages who are now adopting the NFP brand name, New York City-based NFP announced Tuesday. NFP closed its acquisition of Toronto-based McLean Hallmark this past July, 18 months after buying Ancaster, Ont.-based Dalton Timmis. Several NFP-owned Canadian brokerages are adopting […]

By Greg Meckbach | February 26, 2020

2 min read

Broker fined for misrepresenting cause of her termination

A Manitoba broker has been fined $1,000 and ordered to take an ethics course after failing to fully disclose on her broker licence renewal application why her brokerage had terminated her for cause. Rahat Sharma, a broker who used to worked for a brokerage identified only as ‘Agency A,’ was involved in an automobile accident […]

By David Gambrill | February 21, 2020

3 min read

Don’t make this common M&A mistake

Growing your business doesn’t necessarily mean you’re creating more value for it. That’s a common mistake people make during merger and acquisition deals, according to one expert. Value is created only when the business gets a return on capital in excess of the cost of capital, explained Howard Johnson, Toronto-based managing director of mergers and […]

By Adam Malik | February 20, 2020

3 min read

The thinking behind IBAC’s ‘light-hearted’ flood and earthquake education campaign

While the Insurance Brokers Association of Canada (IBAC) is encouraging homeowners to contact brokers about earthquake and overland flood risk, it is not aiming to shock or scare the living daylights out of consumers. “We consciously chose not to use devastating images, for example – so no photographs of people traumatized in their basements waist-high […]

By Greg Meckbach | February 13, 2020

2 min read