Keyword
Travelers Canada
Could the P&C industry have anticipated current supply chain issues?
May 9, 2022 by Alyssa DiSabatinoPandemic-related supply chain interruptions have been contributing factors to rising commercial client exposures, and this outcome could have been anticipated, say panellists in a Canadian Underwriter webinar. “When you think about firms who have offshored, whether it be processing, or…
The good and bad news for commercial insurance
October 1, 2021 by Jason ContantThere’s good and bad news when it comes to commercial lines in the Canadian property and casualty insurance industry. The good news is there’s encouraging signs the commercial market is stabilizing, said Don Forgeron, president and CEO of Insurance Bureau…
Travelers offers HR advice for small business clients
June 12, 2018 by Jason ContantTravelers Canada has launched a new suite of services extending beyond insurance for small business customers. Legal assistance and human resources services will now be offered, at no extra cost, to help small business owners manage day-to-day activities fundamental to…
Six insurer examinations “significantly intrusive,” accident benefits tribunal rules
March 20, 2018 by David GambrillSix insurer examinations [IEs] turned out to be three too many, an Ontario tribunal has decided, allowing an accident benefits claimant to go ahead with her hearing despite her refusal to attend the insurer’s three additional IEs. “Three in-person examinations;…
Commercial brokers compensation will flip over time: RIMS Canada CEO panelist
September 28, 2017 Greg Meckbach, Associate EditorCanadian consumers still “value the trusted advisor model” when buying insurance but there will soon be a “flipping” of brokers’ compensation model on commercial lines, whereby brokers will tend to earn more of their money on the consultative services, senior…
Insurance industry ‘struggling to be more agile:’ analytics summit speaker
July 7, 2017 Greg Meckbach, Associate EditorInsurance providers need to use technology to improve their customers’ experience, but sometimes regulation gets in the way, speakers suggested at a recent conference. The insurance industry is “struggling to speed up the process of being more agile,” said Paul…
No need for ‘massive upfront investment’ to get data analytics to work: Insurance Analytics summit speaker
June 29, 2017 Greg Meckbach, Associate EditorInsurance professionals who are implementing data analytics need to focus on what they want to achieve and need to deliver value quickly to senior business leaders, a Travelers Canada executive suggested Thursday at the Insurance Analytics Canada Summit. “The focus…
More than 23 million eDocs transmitted in 2016: CSIO chair
April 16, 2017 Greg Meckbach, Associate EditorThe Centre for Study of Insurance Operations held its annual general meeting Thursday, acclaiming the president of the Insurance Brokers Association of Ontario as a new board member and announcing the use of its eDocs standard was up about 45%…
Staying the same not a sustainable approach to attracting young professionals to insurance
November 23, 2016 by Angela StelmakowichThe traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world…
Some increased risks developing in surety space, but these can be managed: panel
November 14, 2016 by Angela StelmakowichThe outlook for surety in Canada is healthy, but a number of developments are introducing increased risk that need to be taken into account and properly managed, speakers suggested during the Toronto Risk and Insurance Education Forum last week in…
Heather Masterson appointed president and CEO of Travelers Canada
November 10, 2016 by Canadian UnderwriterTravelers Canada announced on Thursday that Heather Masterson has been appointed president and chief executive officer, effective immediately. Masterson succeeds Duane Sanders, “who has taken a senior leadership role in the company’s largest business segment in the United States,” Travelers…
Millennials ‘not that informed’ about coverage needs: Travelers Canada CEO
October 22, 2016 Greg Meckbach, Associate EditorCustomers in their 20s and 30s are “not that informed” of their property insurance needs, suggested Duane Sanders, president and chief executive officer of Travelers Canada, at the Insurance Brokers Association of Ontario annual convention Thursday. Sanders was one of…