HR
As brokers across the country report difficulty in finding qualified employees, the situation in Alberta may be compounded by an “abysmal” pass rate on the provincial broker licensing exam. “As it currently stands today, we are at a 36.5% pass rate for first-time exam writers,” said Anthonet Maramieri, chief operating officer of the Alberta Insurance […]
By David Gambrill | May 8, 2019
2 min read
Operations
With a new government in Alberta, the Insurance Bureau of Canada (IBC) is calling for a united front with the broker channel to come up with a new auto reform package and put an end to the province’s 5% cap on auto insurance rate hikes. “I think we have a wonderful opportunity with the Kenney […]
By David Gambrill | May 7, 2019
4 min read
Global insurance brokerage Hub International announced Monday it has acquired the assets of Saskatchewan brokerage Kelliher Agencies. Headquartered in Kelliher, Sask., the brokerage is a full-service, independent insurance brokerage that provides personal, commercial, farm and specialty products insurance. “Its focus on the agribusiness industry supports Hub’s specialty practices by complementing and strengthening Hub’s existing capabilities,” […]
By Jason Contant | May 6, 2019
1 min read
BrokerLink has announced the acquisition of two brokerages: the Athabasca, Alta. branch of JDR Insurance and Guelph, Ont.-based Amplex Insurance Brokers Ltd. Both transactions were effective May 1 and terms of the transactions were not disclosed, BrokerLink said in a press release Thursday. BrokerLink is one of the largest property and casualty insurance brokerages in […]
By Jason Contant | May 3, 2019
The flooding last year in Grand Forks, B.C. was a prime example of how an insurance broker provides more than just policy advice and advocacy when disaster strikes. A broker could provide money upfront for additional living expenses, emotional support to clients, liaise with government and municipal officers, and attend community meetings, just to name […]
By Jason Contant | May 2, 2019
3 min read
Alberta brokers should touch base with the new provincial government and explain how auto insurance rules needs to change, suggests the Insurance Bureau of Canada’s CEO. “Our campaign for change moves into a new phase with the recent election of the United Conservative Party,” IBC CEO Don Forgeron said during IBC’s annual general meeting Thursday. […]
By Greg Meckbach | April 26, 2019
Looking to work for brokerages in the highest-paying regions of the country? Check out brokerages in either Alberta or Ontario, according to numbers contained in a recent Deloitte study commissioned by the Insurance Brokers Association of Canada (IBAC). At $70,800 a year, brokerage employees in Alberta made the highest average annual wage in the country’s […]
By David Gambrill | April 25, 2019
As the newly-elected United Conservative Party (UCP) prepares to take power in Alberta, it remains an open question what the victory will mean for the province’s auto insurance companies and brokers. In his electoral victory speech, UCP Leader Jason Kenney proclaimed that “Alberta is open for business,” alluding to the “lowest taxes in Canada,” and […]
By David Gambrill | April 22, 2019
Brokers need to take ownership of the data they collect to personalize and improve the customer experience, a speaker suggested Tuesday at the CIP Symposium in downtown Toronto. “For the brokers in the room, how does your client feel if they are a client of your office for 10 years and you send them an […]
By Jason Contant | April 11, 2019
Hub International announced Tuesday it has acquired Del Fisher Insurance, an independent brokerage offering personal and commercial lines. Based in Calgary, Del Fisher Insurance has provided personal and commercial insurance solutions, including home, auto, business and contract bonding to area residents and businesses since 1981. The brokerage represents 18 insurers. Jeff Alderman, office manager/partner of […]
By Jason Contant | April 2, 2019
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