Your Business

FSRA’s plans for auto coverage regulation

Ontario’s auto insurers shouldn’t expect changes to the ‘take all comers’ or Unfair or Deceptive Practices Act rules, Michelle Dodokin, head of auto insurance supervision at Ontario’s Financial Services Regulatory Authority (FSRA), told a breakout session at Monday’s 2024 FSRA Exchange. “These are rules that will remain in place, and we’ll continue to supervise against […]

By Phil | March 5, 2024

3 min read

How to use your brokerage’s data to gain and retain clients

Finding ways to harness your brokerage’s data can improve customers’ expectations and overall satisfaction rates, two brokerage heads shared at the Insurance Canada Technology Forum in Toronto.   For example, brokerages tracking and taking action on their internal metrics will find their customers more satisfied with their service, speakers at ICTF2024 said. Zac Sutherland, president […]

By Alyssa DiSabatino | March 4, 2024

3 min read

Biggest barriers to selling cyber policies

Product complexity remains a huge obstacle to selling cyber insurance to neophyte business clients, brokers told Canadian Underwriter in a January online survey. A stronger emphasis on cyber education — to clients, brokers, and underwriters alike — is critical to boost cyber insurance sales, they said. “It’s tough to explain. And it’s tough to interpret […]

By Phil | March 1, 2024

3 min read

HR

How McGannon Foundation is approaching talent recruitment

McGannon Foundation is “laser-focused” on promoting the risk management and insurance in Canada through scholarships and other approaches.

By Jason Contant | March 1, 2024

3 min read