Keyword
Brokers
Lloyd’s to launch insurance-based index in 2016
December 16, 2015 by Canadian UnderwriterLloyd’s of London, the world’s specialist insurance and reinsurance market, announced on Wednesday that it plans to launch its own insurance-based index in the summer of 2016. Lloyd’s said in a statement that the release “would be the first index…
Shareholders approve merger of Willis Group, Towers Watson
December 11, 2015 by Canadian UnderwriterShareholders of commercial insurance brokerage Willis Group Holdings plc and consulting firm Towers Watson & Co. have approved a US$18-billion merger agreement, the firms announced Friday. “The companies expect that the transaction will close very early in the New Year,…
Smaller North American brokerages outperform larger ones in overall satisfaction: J.D. Power study
December 10, 2015 by Canadian UnderwriterSmaller brokers outperform their large counterparts in overall satisfaction, according to the J.D. Power 2015 Large Commercial Insurance Study, released on Wednesday. The study, conducted in association with RIMS, the risk management society, also found that brokers that outperform their…
BrokerLink acquires three brokerages, enhances Ontario presence
December 4, 2015 by Canadian UnderwriterBrokerLink announced Friday that it has acquired three full-service insurance brokerages operating in Ontario – Northwest Insurance Group Inc., McGregor-Miller Insurance Brokers Ltd. and Gray Insurance Brokers Inc. The three brokerages, which have a total of nine offices, will be…
Aviva Canada announces grand prize winners of Aviva Community Fund competition
December 2, 2015 by Canadian UnderwriterAviva Canada has announced the 15 grand prize winners of the $1 million Aviva Community Fund (ACF). Aviva Canada, a provider of home, auto, leisure/lifestyle and business insurance, announced the winners of Wednesday, one month after naming the 30 finalists.…
Moves and Views
December 1, 2015 by Canadian Underwriter1 Serge Lavoie [1], former president and chief executive officer of Jevco Insurance Company, took on duties as president of the Canadian subsidiary, Echelon Financial Holdings Inc., as of December 1. Most recently Quebec president of GDI Integrated Facility Services,…
CSIO certifies L’Unique for eDocs
November 24, 2015 by Canadian UnderwriterL’Unique General Insurance of Quebec City has obtained certification, for both commercial and personal lines, of the Centre for Study of Insurance Operations eDocs standard, CSIO announced Tuesday. With eDocs, CSIO aims to help brokers save time by allowing them…
Towers Watson issues letter to stockholders urging support for Willis merger
November 23, 2015 by Canadian UnderwriterGlobal professional services company Towers Watson announced on Monday that it has issued a letter to stockholders urging them to support the merger with Willis Group Holdings. Last week, Willis announced that it had adjourned an Extraordinary General Meeting on…
Meetings on proposed merger between Willis and Towers Watson adjourned until Friday
November 18, 2015 by Canadian UnderwriterWillis Group Holdings has announced that it has adjourned an Extraordinary General Meeting (EGM) on a proposed merger with Towers Watson that was scheduled for Wednesday until Friday at 9:30 a.m. EST. The decision was made as a result of…
CNA Financial appoints Dino Robusto as chairman and CEO; Thomas Motamed to retire at end of 2016
November 17, 2015 by Canadian UnderwriterCNA Financial Corporation announced on Monday the appointment of Dino E. Robusto as its chairman and chief executive officer effective “on or about Dec. 1, 2016.” Robusto will succeed Thomas F. Motamed, who has decided to retire at the end…
City of Windsor, Ontario recommends council obtain consultant to review possibility of allowing Uber to operate in the city
November 16, 2015 by Canadian UnderwriterThe City of Windsor in Ontario is recommending that its city council obtain an external consultant to review the possibility of allowing services like Uber to operate legally in the city. A statement from the city that was before council…
Echelon Insurance appoints Serge Lavoie to lead Canadian operations
November 13, 2015 by Canadian UnderwriterEchelon Financial Holdings Inc. announced on Friday that Serge Lavoie has resigned as director of the company and has been appointed president of its Canadian subsidiary. The effective date of the appointment is Dec. 1. Lavoie (pictured left) has extensive…