Topic
Announcements
Alberta Insurance Council names new CEO
April 16, 2024 by Alyssa DiSabatinoAlberta Insurance Council (AIC) has announced Amina Deiab as its new chief executive officer, effective April 22. Deiab is AIC’s second permanent CEO since the provincial licensing and regulation body for insurance brokers and adjusters launched 35 years ago.…
HSB Canada announces new president and CEO
April 8, 2024 by Alyssa DiSabatinoBarbara Bellissimo is the new president and CEO of HSB Canada, part of Munich Re. She succeeds John Mulvihill, who retired after a 34-year-long tenure with HSB Canada. Bellissimo’s insurance career began in 1986. She’s since held multiple positions in…
Institute launches new phase of industry-wide recruitment initiative
April 4, 2024 by David GambrillSupporting an industry-wide effort to bring new talent into the Canadian property and casualty industry, the Insurance Institute of Canada today introduced its ‘Accelerated Competence Series,’ a program of five new learning modules for industry hires. “The Accelerated Competence Series…
DKI – Thelwell joins the DKI Canada Family
April 2, 2024 DKI CanadaHAWKESBURY, ON, APRIL 2, 2024/insPRESS/ – DKI Canada is pleased to announce the opening of DKI – Thelwell in Hawkesbury, Ontario. “After 9 amazing years with DKI – RCCN I am excited to have an opportunity to remain within the DKI…
Desjardins expands into broker channel through M&A deal
March 27, 2024 by David GambrillDirect writer Desjardins is acquiring the Insurance Company of Prince Edward Island (ICPEI), an insurer that distributes solely through the broker channel. “With this acquisition, we’re strengthening Desjardins’ position in the Canadian commercial insurance market,” Guy Cormier, Desjardin’s president and…
Onlia acquired by PE firm focused on Canadian P&C distribution
March 26, 2024 by David GambrillSouthampton Financial Inc., a private equity firm focused on the Canadian property and casualty insurance distribution space, has agreed to acquire Onlia Insurance from Achmea and Fairfax Financial Holdings Ltd. Headquartered in Toronto, Onlia is a digital insurance agency that…
Regulator streamlines organizational structure
March 22, 2024 by Jason ContantQuebec’s financial services regulator has announced strategic adjustments aimed at streamlining its organizational structure. “The main adjustments put forward will allow the organization to focus on its clientele and the quality of services provided to them,” the Autorité des marchés…
Navacord expands with third acquisition of the year
March 14, 2024 by Alyssa DiSabatinoAll-Risks Insurance Essex has been acquired by Ives Insurance, a Navacord-owned brokerage. The acquisition marks Navacord’s third deal of the year. Based in Southwestern Ontario, All-Risks Insurance’s Essex branch joins the Navacord fold, effective Mar. 1. The entire All-Risks…
DKI Canada Network Expands to Prince George, BC
March 13, 2024 DKI CanadaPRINCE GEORGE, BC, MARCH 13, 2024/insPRESS/ – DKI Canada is thrilled to announce the expansion of DKI – Elite with its new Prince George location. “I’m thrilled to announce the expansion of DKI – Elite Restoration” said Chris Schmidt, CEO…
On Side Restoration Moves into Chatham to Serve Communities in Need
February 29, 2024 On Side Restoration Services Ltd.Voir français ci-dessous TORONTO, ON, FEBRUARY 29, 2024/insPRESS/ – On Side Developments Ltd. (“On Side Restoration”, “On Side” or the “Company”) continues to expand in Eastern Canada with the opening of its newest satellite branch in Chatham, Ontario. This location…
FSRA’s first non-auto P&C supervision plan to include review of MGAs
February 22, 2024 by Alyssa DiSabatinoOntario’s insurance regulator is launching a review of P&C insurers’ managing general agent (MGA) outsourcing practices as part of its first non-auto P&C supervisory plan. “Given the risks and oversight concerns involved, insurer outsourcing to P&C MGAs is a priority…
IBC board welcomes two new senior P&C executive leaders
February 8, 2024 by David GambrillTwo relatively new senior Canadian P&C insurance industry leaders have been appointed to Insurance Bureau of Canada’s board of directors. IBC welcomed Jolee Crosby, CEO of Reinsurance Canada and English Caribbean at Swiss Re, and Aviva Canada CEO Tracy Garrad…