Operations
Brokerages won’t suffer the same downfall as Blockbuster did over a decade ago, says one broker exec, because the broker channel has already begun addressing and responding to one industry blind spot — technology. That said, there are ways that brokerages can further digitize in order to continue providing a value-add to consumers, suggests Sam […]
By Alyssa DiSabatino | October 21, 2022
2 min read
HR
Kiffer George Card, Assistant Professor in Health Sciences, Simon Fraser University – THE CONVERSATION This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. The COVID-19 pandemic has spurred on a variety of workplace maladies, […]
By Jason Contant | October 21, 2022
5 min read
Snowbirds flying south for the winter should heed that they need a policy that differs from a traditional travel policy, one expert says. They also must inform their broker that they’ll be on an extended trip, so they can update their home and auto policy accordingly. The main difference between snowbird travel and regular travel […]
By Alyssa DiSabatino | October 20, 2022
3 min read
Jamie Lyons will become the president and CEO of Westland Insurance Group effective Jan. 1, 2023.
By Jason Contant | October 20, 2022
Tech
“Many EVs come with advanced safety systems that make them less likely to be involved in a collision, which can drive rates down."
By Jason Contant | October 18, 2022
99% of agencies have a management system and a large majority (62%) underutilize their system's ability to produce useful insights and data
By Alyssa DiSabatino | October 18, 2022
Property and casualty insurance brokers have been buying wealth and retirement planning businesses to create new sources of profits
By Phil | October 14, 2022
Legal / Regulation
Regulators and governments can work with the insurance industry to develop the cyber product through data sharing and consumer education, said Celyeste Power, IBC’s executive vice president of strategic initiatives and advocacy during a Canadian Underwriter webinar. “We think governments and regulators do play an important role in this,” said Power. “There’s a big role on data […]
By Alyssa DiSabatino | October 14, 2022
The Manitoba government needs to better protect its information systems from internal misuse and outside attacks, the auditor general says.
By Jason Contant | October 14, 2022
Brokerage M&A activity in Canada remains strong and healthy, as evidenced by the number of deals announced in just the past couple of weeks.
By Jason Contant | October 13, 2022
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