Operations

Fishing for marine capacity after Lloyd’s partial withdrawal

Marine insurance, one of the “hot lines” in Canadian Underwriter’s forthcoming 2019 Stats Guide, is already falling on some leaner times. “Yes, absolutely,” replied Kent Rowe, vice president of Wedgwood Insurance Limited in St. John’s, Nfld., when asked if he is seeing a tighter market in Newfoundland and Labrador’s marine lines. “Particularly on larger commercial […]

By Jason Contant | July 5, 2019

2 min read

Sports heroes: one way to score big with your marketing

When it comes to marketing, brokerages and carriers like pairing up with pro sports teams and athletes. For Waterloo, Ont.’s Aha Insurance, which launched in 2017, partnering with a professional sports team seemed like a perfect way to create brand awareness. The brokerage has been working with the Toronto Argonauts of the Canadian Football League […]

By Adam Malik | July 5, 2019

3 min read

Is love in the air? Why it can hurt your brokerage

Brokerages need to have a formal workplace relationship policy in place. Otherwise, they’re at risk of things getting messy. Workplace issues like bullying and harassment are challenging enough; the problems are only compounded when you add a relationship to the mix (be it familial or romantic), said Laura Williams, founder of Williams HR Law in […]

By Adam Malik | July 4, 2019

3 min read

Hub scoops up two Alberta firms in latest acquisition

Hub International continued its M&A spree this week with the acquisition of two Edmonton-based firms – one a brokerage and the other a benefit and retirement consulting firm. The Chicago-based global brokerage Tuesday acquired BenefitLink Resource Group Edmonton Holdings Inc. (BenefitLink Resource Group), an independent benefit and retirement consulting firm. Jay Kemp, owner of BenefitLink […]

By Jason Contant | July 4, 2019

2 min read