Operations

Some questionable items employees have expensed

If you haven’t been paying attention to your employees’ expense reports, you may want to take a closer look. A recent study has found that despite strict guidelines around expense reporting, a number of questionable items are still being submitted for reimbursement. It’s also happening with increasing regularity, chief financial officers across Canada told Robert […]

By Adam Malik | July 18, 2019

2 min read

Why you should accelerate your digital expansion

Growing your bottom line and developing a stronger bond with clients are just two reasons why brokerages need to ensure their online presence is strong, according to a recent study. Brokers also need to use every tool at their disposal in a hard market, making a digital presence even more critical for success. BDC, a […]

By Adam Malik | July 17, 2019

3 min read

One broker’s view on obtaining medical marijuana coverage for clients

What’s the market like for medical marijuana insurance coverage? “The market has contracted and it’s just far more difficult now [because of] a smaller number of pools to draw from,” Eric Lock, a Kelowna, B.C.-based broker with AC&D Insurance, said in an interview Monday. “Rates have certainly gone up.” As an example, Lock said one […]

By Jason Contant | July 16, 2019

2 min read

Why brokers should embrace A.I.

Several industries may fear the impact of new technology in the workplace, but at least one Canadian broker says insurance brokers have every reason to welcome it. Artificial intelligence, for example, would allow brokers to drop the mundane tasks that suck up much of their time, says Adam Veldpaus, technology industry leader at Cowan Insurance […]

By Adam Malik | July 15, 2019

3 min read