Operations
A broker principal shares his story about how his fledgling brokerage managed to navigate its way through the various business disruptions caused by COVID-19
October 20, 2020
4 min read
Kent Rowe, vice president of commercial lines for Wedgwood Insurance, is staying on for another year as president of the Insurance Brokers Association of Canada. IBAC held its annual general meeting Sept. 23. IBAC announced Monday that its 2019-20 executive will remain in place for an additional year “to provide stability and continuity” amid IBAC’s […]
By Greg Meckbach | October 19, 2020
2 min read
Legal / Regulation
A Manitoba broker received a $250 fine recently for failing to advise a client that his policy had been moved to a different insurer until two weeks after the policy had expired. In its decision, the Insurance Council of Manitoba found that on Jan. 1, 2019, an unnamed brokerage had cancelled its contract with Insurer […]
By David Gambrill | October 19, 2020
3 min read
HR
If you truly want to connect with your customers, your organization must be diverse, an industry consultant suggests. “There is room for improvement in corporate Canada, not just in property and casualty insurance, in ensuring women, visible minorities and people with disabilities are represented,” Chris Cornell, KPMG Canada’s national sector leader, insurance, told Canadian Underwriter […]
By Greg Meckbach | October 9, 2020
British Columbia’s Liberal party, which ruled the province from 2001 through 2017, is promising to open auto insurance up to competition if voters return the Liberals to power in the Oct. 24 election. “The ICBC monopoly is a failure and it’s time to offer drivers cheaper rates — that’s what competition will do,” Liberal leader […]
By Greg Meckbach | October 7, 2020
Take care of yourself, so you can take care of your clients
October 7, 2020
Tech
Some brokerage staff members could be spending hours each day just searching for information in their carriers’ underwriting manuals – time that could be put to better use, the head of a technology vendor suggests. Some of the longest underwriting manuals are 1,500 pages in length, while most have well over 100 pages, said Joseph […]
By Greg Meckbach | October 5, 2020
Based on recent consumer research and brokers surveys, Canadian Underwriter has identified three crucial topics of conversation to help brokers forge stronger bonds with their clients
October 5, 2020
6 min read
How can the Canadian P&C industry ensure its workplaces reflect the communities they serve? We asked senior industry executives what can be done to make sure everyone feels respected and valued, regardless of demographic factors such as gender, skin colour, sexual orientation or gender identity. Here’s what they told us....
October 4, 2020
7 min read
Westland Insurance Group and BrokerTeam Group have both announced separate deals this past week. Westland Insurance Group Ltd. acquired two Alberta brokerages, effective Oct. 1. Surrey, B.C.-based Westland announced Friday it closed the acquisition of Carstairs, Alta.-based Ironside Insurance Brokers and Picture Butte, Alta.-based G&E Insurance. This adds 19 employees to Westland, which now has […]
By Greg Meckbach | October 2, 2020
1 min read
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