HR
Technology upgrades at property and casualty insurance brokerages make the more attractive to consolidators and other buyers
By Phil | December 2, 2022
3 min read
Tech
New exclusions and strict requirements to obtain cyber insurance have dramatically improved the sophistication of underwriting processes.
By Jason Contant | November 29, 2022
OSSTF says it was the victim of a ransomware attack earlier this year that compromised members' personal information.
By Jason Contant | November 24, 2022
1 min read
Operations
The ongoing cyber hard market is seeing most insurers capping their risk appetite at $3-5 million worth of coverage, experts say.
By Alyssa DiSabatino | November 21, 2022
Insurance companies are looking for truck fleets to use telematics data to develop individual driver scorecard programs.
By David Gambrill | November 17, 2022
Employees were told during a 9 a.m. meeting, Pacific Time, according to the source, at which time the CEO spoke of a restructuring that would eliminate positions company-wide. The company acknowledged the staffing reductions (but did not confirm the 25% number) in a statement released Tuesday. “We have made some changes today to our team […]
By David Gambrill | November 16, 2022
2 min read
Aon reports softer market conditions in Canada’s D&O insurance market, with ample capacity and price decreases in 2023 Q3.
By David Gambrill | November 14, 2022
Canadian auto parts makers say the supply picture is improving and helping boost their bottom line, but disruptions continue to weigh on operations and profits. Magna International Inc. said Friday the picture has improved significantly from last year as global third-quarter auto production rose 24 per cent. The rebound helped the company’s sales rise 17 […]
By Jason Contant | November 8, 2022
Ontario’s privacy commissioner calls for businesses to consider an insurance policy that covers costs of responding to a ransomware attack.
By David Gambrill | October 31, 2022
Much like Amazon, P&C insurance brokers offer consumers distribution, choice and data, a broker executive observed at the Insurance Brokers Association of Ontario (IBAO) convention in Toronto last Thursday. In the same way, brokers offer insureds three things that underpin the offerings of big tech firms like Google, Facebook, Uber and Airbnb, said Sherif […]
By Alyssa DiSabatino | October 24, 2022
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