Topic
Professional Development
How automation is helping brokerages onboard new talent
June 30, 2023 by Jason ContantOnboarding new insurance employees remains a major pain point for brokerages, but digital technology is making that process easier, attendees to a recent Canadian Underwriter webinar heard. Automation can help brokerages with marketing, business growth, sales transactions, and to connect…
Meet CBN’s latest member brokerage
June 27, 2023 by Jason ContantOntario-based My Insurance Broker (MIB) has joined the Canadian Broker Network (CBN). Based in Richmond Hill, MIB offers a variety of insurance products including home (as well as cottage and condo insurance), auto (Uber insurance, online auto quotes, motorcycle and…
How this firm hires mostly 20-somethings
June 26, 2023 by Alyssa DiSabatinoWhile much of the P&C insurance industry is seeing large-scale attrition as industry veterans near retirement, one specialty underwriting firm has built a team comprised mostly of employees in their mid- to-late twenties. For TruStar Underwriting, a specialty Managing General…
Insurer appoints industry veteran as president and CEO
June 23, 2023 by Jason ContantEverest Insurance has appointed industry veteran Renato Rodrigues as president and CEO of Everest Insurance Company of Canada. Rodrigues will lead Everest Canada’s insurance business strategy, overseeing its underwriting, claims, operations and finance functions, Everest Insurance said in a press…
Where brokerages stand on increasing compensation to attract talent
June 21, 2023 by Jason ContantFew Canadian P&C brokerages are looking at increasing compensation to attract and retain talent, even as they continue to try to distinguish themselves from their competition, a new industry report found. Like many industries, insurance has seen a shortage of…
How to hire more Gen-Z underwriters
June 14, 2023 by Alyssa DiSabatinoEmployers of all industries want to hire the newest generation of workers, Generation Z, and so the insurance industry needs to make sure it’s getting ahead of the curve, especially with a dearth of property and casualty underwriters in Canada. …
Broker regulator outlines approach to MGA licensing
June 12, 2023 by Jason ContantOntario’s broker self-regulatory body is looking at its licensing exams with a stronger focus on commercial lines and MGAs, Registered Insurance Brokers of Ontario (RIBO) CEO Patrick Ballantyne said last week during an industry event. “Those exams are currently under…
Westland appoints industry veteran to new VP role
June 9, 2023 by Jason ContantWestland Insurance has appointed senior industry executive Robert Beauchamp as its new vice president of Quebec operations. Beauchamp will spearhead operations and drive growth in Quebec, the brokerage said in a press release. “This appointment marks Westland’s commitment to expanding…
How the cyber line should source its talent
June 8, 2023 by Alyssa DiSabatinoWhen recruiting for talent to sell cyber insurance, widening the expectations around job experience may be one place to start, suggested experts at a Gallagher Re Industry Event in Toronto. “The space is changing so quickly that 15- or 20-years’…
Will lack of diversity mean the end of your brokerage?
June 7, 2023 by Jason ContantInvesting in diversity, equity and inclusion (DEI) initiatives could literally spell the difference between survival and death for a brokerage, a panellist suggested Tuesday during a Canadian Underwriter webinar. Colette Taylor, chief operating officer at Sovereign Insurance, expressed concern about…
What Canadian P&C workers look like today
June 5, 2023 by David GambrillCanada’s property and casualty (P&C) insurance industry workers are more diverse, younger, and better-educated than they were five years ago, according to the Insurance Institute of Canada’s 2022-23 demographics research report. Three-quarters of the more than 4,700 Canadian P&C industry…
Knowledge transfer key as senior leaders retire: Demographic report
June 2, 2023 by David GambrillDemographic patterns show an emerging need for knowledge transfer strategies while finding qualified people to fill vacated leadership and management positions due to retirement, according to a survey of industry HR professionals for the Insurance Institute of Canada’s 2022-23 industry…