Topic
Professional Development
Gore Mutual welcomes two new executives
January 18, 2018 by Jason ContantPaul Jackson has been appointed chief marketing and distribution officer for Gore Mutual, effective immediately. Jackson will report to the insurer’s president and CEO Heidi Sevcik. Jackson has played a key role in Gore Mutual’s transformation since joining the organization…
Numbers show gender gap among broker principals
January 17, 2018 by David GambrillMembership numbers for the Insurance Brokers Association of Ontario (IBAO) show significantly more men than women are broker principals in Ontario, although the association sees reasons for optimism that the gap is starting to shrink. Numbers released in the IBAO’s…
Will a “wave of succession” spur M&A for Canadian brokerages?
January 16, 2018 by Jason ContantSuccession planning has triggered an uptick in brokerage mergers and acquisitions over the last couple of years, an industry analyst told Canadian Underwriter recently. “I would say there’s an uptick in assets coming to market that are owner-operated, where succession…
Insurers should prepare messaging on responsible pot use
January 9, 2018 by Greg MeckbachThe insurance industry has an important role to play in advising drivers how much marijuana, if any, they can use and still be safe on the road, a safety advocate says. Prime Minister Justin Trudeau may be perceived as “too…
2 key concerns for brokers in 2018
January 4, 2018 by Jason ContantMerger activity and technology are two major issues facing brokers looking forward into 2018, says the new Insurance Brokers Association of Ontario (IBAO) president Brian Purcell. Purcell talked to Canadian Underwriter shortly after beginning his new role as IBAO president…
McDougall Insurance discusses latest merger
January 3, 2018 by Jason ContantMcDougall Insurance & Financial is merging with Worden Insurance & Financial Services, a 13-employee brokerage operating out of Oshawa. Based in Belleville, Ont., McDougall Insurance & Financial is looking to extend its footprint in Ontario’s Durham region with its latest…
2018 Outlook: Silvy Wright, President, CEO Northbridge Financial Corporation
January 3, 2018 Silvy WrightWith digital innovation, customers are extracting more value from their insurance partners — and this will only continue to ramp up in 2018. Insurtech startups raised $985 million in 2017 Q2 alone; investments in startups have increased by 36% over…
2018 Outlook: Lynn Oldfield, President, CEO, AIG Canada
January 2, 2018 Lynn OldfieldAs chair of the board of the Insurance Institute of Canada (IIC), I see graduating insurance professionals who are educated, committed, and inspiring. Their sacrifice and determination in completing their Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP)…
2018 Outlook: Sean Murphy, President, Lloyd’s Canada
January 2, 2018 Sean MurphyMost people in the industry anticipate a hardening of the market in 2018, the aftermath of an historic year of natural catastrophes. Some of the first signs of rising rates in the Canadian P&C industry are already starting to emerge.…
P&C People: Who’s doing what
December 21, 2017 by Canadian UnderwriterNew CEO for Manitoba Public Insurance The Government of Manitoba has announced that Benjamin Graham will become the new president and CEO of Manitoba Public Insurance (MPI), effective Feb. 1, 2018. Manitoba Premier Brian Pallister made the announcement in a…
Why U.S. brokerage made its first Canadian P&C acquisition
December 20, 2017 Jason Contant, Online EditorDalton Timmis Insurance Group’s technological capabilities and its “unique abilities” in motorcycle and transportation insurance were among the factors that made it an ideal acquisition target for U.S. brokerage NFP Corp., the president of NFP in Canada said Wednesday. Marty…
MGAs launch their own made-in-Canada trade forum
December 19, 2017 Jason Contant, Online EditorA new trade forum for managing general agents (MGAs) has been launched in Canada to help address changes in the market. The Canadian Managing General Agents forum (CAMGA) is an attempt to draw MGAs together and will provide an opportunity…