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Toronto Insurance Conference scholarship applications due Sept. 8

May 11, 2017 by Canadian Underwriter

The Toronto Insurance Conference announced Thursday that applications for its scholarship program are due Sept. 8. TIC, an association of Ontario commercial brokerages, started offering three scholarships per year in 2013 in order to encourage young people to consider a

News Commercial LinesInsuranceMergers and AcquisitionsPersonal LinesProfessional Development

McFarlan Rowlands Insurance Brokers announces acquisition of Callister Musico Insurance Group

May 10, 2017 by Canadian Underwriter

London, Ont.-based McFarlan Rowlands Insurance Brokers announced on Wednesday that it will acquire Callister Musico Insurance Group of Sarnia, Ont. Located at 1315 Michigan Ave. in Sarnia, the Callister Musico office will become McFarlan Rowlands’ 15th branch in Ontario, allowing

News InsuranceLegislation / RegulationProfessional DevelopmentTechnology

Fintech sector in Canada not reaching full potential: Competition Bureau of Canada

May 1, 2017 by Canadian Underwriter

The fintech sector in Canada is not reaching its full potential, in part because of consumer complacency and a lack of trust in new alternatives to the big banks, according to a new summary from the Competition Bureau of Canada.

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

Federal government invests $2.5 million to examine Canadian start-ups

April 28, 2017 by Canadian Underwriter

The Federal Economic Development Agency for Southern Ontario (FedDev Ontario) has announced a “non-repayable contribution” of up to $2.5 million to Wilfrid Laurier University in Waterloo, Ont. to support a national “scale-up data platform.” The platform will “capture and track

News AppointmentsCommercial LinesInsuranceProfessional DevelopmentReinsurance

Former RSA Canada exec appointed CEO Canada, Swiss Re Corporate Solutions

April 27, 2017 by Canadian Underwriter

Adrian Hall, former chief customer officer for RSA Insurance in Canada, takes the helm of Swiss Re Corporate Solutions in Canada May 1. He will be “responsible for managing the company’s strategy, development and performance,” Swiss Re Corporate Solutions said

News Commercial LinesInsuranceMarkets / CoveragesProfessional Development

Confusion, frustration common to BI claims can be lessened: RIMS survey

April 26, 2017 Angela Stelmakowich

PHILADELPHIA – Quantifying business interruption losses continues to be a big challenge, reported by almost six in 10 RIMS members taking part in a recent survey, but a well-conceived approach by risk managers can help to clear any hurdles. “By

News InsuranceMarkets / CoveragesProfessional Development

Workplaces should consider the value of staff reporting, observation in combating potential terrorism, violence

April 25, 2017 Angela Stelmakowich

PHILADELPHIA – The value of staff monitoring and reporting to identify behaviours that may seem linked to the risk of terrorism and workplace violence should not be underestimated, Harry Rhulen, chief executive officer of Firestorm, suggested Tuesday during an educational

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RIMS Canada Night, April 25, 2017

April 25, 2017 by Canadian Underwriter

SCM Insurance Services sponsored this year’s RIMS Canada Night at Philadelphia’s grand Masonic Temple. In between the mixing and mingling, RIMS Canada Council Chair Reineke Lips and Southern Alberta RIMS director Trinh Tran presented donations from their respective organizations totaling

News InsurancePersonal LinesProfessional DevelopmentTechnology

FCA, Google begin offering rides in self-driving cars

April 25, 2017 Dee-Ann Durbin - THE ASSOCIATED PRESS

DETROIT – Fiat Chrysler and Google for the first time will offer rides to the public in the self-driving vehicles they are building under an expanding partnership. The companies announced in the spring of last year that they would build

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

72% of employees willing to share sensitive, confidential or regulated company info: survey

April 25, 2017 by Canadian Underwriter

Nearly three in four (72% of) employees across eight countries, including Canada, are willing to share sensitive, confidential or regulated company information, according to a recent survey from computer technology company Dell. Late last week, Dell released the results of

News AppointmentsInsuranceProfessional Development

New president and CEO announced for CNA Canada

April 25, 2017 by Canadian Underwriter

CNA Financial Corporation announced on Tuesday the appointment of Nick Creatura to president and chief executive officer of CNA Canada. Creatura will be responsible for “executing profitable growth strategies” for the global insurer’s Canadian operations, CNA said in a press

News InsuranceMarkets / CoveragesProfessional DevelopmentTechnology

42% of global CEOs have begun digital business transformation: Gartner

April 25, 2017 by Canadian Underwriter

More than four in 10 CEOs around the globe have begun the process of digital business transformation, according to a new study from Gartner, Inc., an information technology research and advisory company based in Stamford, Conn. Mark Raskino, vice president