Operations

How a broker regulator plans to fix “abysmal” licensing exam results

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

Brokers urged to unite with insurers to end Alberta cap

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

Hub acquires full-service Saskatchewan brokerage

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

Intact’s BrokerLink makes double acquisition

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

2 min read