Segment
P&C Companies
2024 Executive Outlook | Dave Partington, Gallagher Global Brokerage – Canada
December 27, 2023 Canadian Underwriter StaffDave Partington, CEO, Gallagher Global Brokerage – Canada Canada’s property and casualty insurance industry will start to see the return on investments in artificial intelligence in 2024. Many organizations have invested heavily to develop AI solutions that deliver benefits to…
2024 Executive Outlook |Kenny Nicholls, Western Financial Group
December 26, 2023 Canadian Underwriter StaffKenny Nicholls, president, CEO, Western Financial Group If there’s ever been a time for all industry players to come together and focus on the consumer, it is now. Much of the insurance industry’s focus over the past few years has been on…
2024 Executive Outlook |Adam Mitchell, Mitch Insurance
December 26, 2023 Canadian Underwriter StaffAdam Mitchell, CEO, Mitch Insurance Now, more than ever, size matters. The distribution landscape is evolving quickly; for smaller brokerages, the fear out there is very real. Those operating in this space know the road ahead will be fraught with challenges, and…
2024 Executive Outlook |Bernard McNulty, Allianz Commercial
December 26, 2023 Canadian Underwriter StaffBernard McNulty, Chief Agent, Canada, Allianz Commercial Many challenges our industry faced in 2023 will continue to be headwinds in 2024. These include climate change/natural catastrophes, cybercrime and inflation. The industry’s talent shortage will also continue to be a challenge in 2024.…
2024 Executive Outlook |Anna McCrindell, Wawanesa Insurance
December 22, 2023 Canadian Underwriter StaffAnna McCrindell, senior vice president, COO – East, Wawanesa Insurance This year challenged insurers and our broker partners. Inflation and macroeconomic pressures drove up costs, auto thefts reached new and troublesome levels, and climate change resulted in a devastating wildfire season…
2024 Executive Outlook | Rob Marsh, Liberty Mutual Canada
December 22, 2023 Canadian Underwriter StaffRob Marsh, president, Liberty Mutual Canada The future continues to be bright for people who embrace change with curiosity and courage. The interconnectedness of risk and pace of technological advancement — with climate change and artificial intelligence being at the forefront…
2024 Executive Outlook | Jamie Lyons, Westland Insurance
December 22, 2023 Canadian Underwriter StaffJamie Lyons, president, CEO, Westland Insurance As we look ahead to 2024, it’s important to acknowledge we are coming out of a year that has been difficult for a lot of people. World events, materially higher living costs, an unsettled economy, escalating…
2024 Executive Outlook | Valerie Lavoie, Desjardins General Insurance Group
December 21, 2023 Canadian Underwriter StaffValerie Lavoie, president, COO, Desjardins General Insurance Group The industry has faced several trials and tribulations in 2023. Supporting our clients through uncertainty with preventative and innovative approaches is a key theme in our organization as we prepare for 2024. This…
2024 Executive Outlook | Robin Joshua, Echelon Insurance
December 21, 2023 Canadian Underwriter StaffRobin Joshua, president, Echelon Insurance Heading into 2024, we can anticipate an increasingly conservative market for commercial property insurance, driven largely by high inflation rates alongside an increased frequency of natural disasters. In 2022, natural disasters cost the insurance industry $3.1…
2024 Executive Outlook | Ben Isotta-Riches, Aviva Canada
December 21, 2023 Canadian Underwriter StaffBen Isotta-Riches, chief distribution officer, Aviva Canada I am cautiously optimistic about 2024. Across the country, the cost-of-living crisis, inflation and climate change continue to affect Canadians and businesses. In Ontario and Quebec, vehicle theft is adding to loss ratios in personal…
2024 Executive Outlook | Christian Hutchison, McDougall Insurance Brokers
December 21, 2023 Canadian Underwriter StaffChristian Hutchison, president, McDougall Insurance Brokers Brokers will need to focus their attention in 2024 on managing client expectations and enhanced communication, while also responding to fast-moving market and capacity changes. Brokerage mergers and acquisitions will continue at a rapid…
2024 Executive Outlook | Lisa Giannone, BFL Canada
December 20, 2023 Canadian Underwriter StaffLisa Giannone, president, COO, BFL Canada If we thought 2023 was a year of uncertainty faced with challenges — including transitioning market cycles, inflationary effects on the supply chain, geopolitical risks, climate change-fuelled losses and increased cybersecurity threats — we…