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Robotic process automation to automate business tasks
News AssociationsBrokersInsuranceTechnology

The state of bot automation in Canadian brokerages

February 1, 2024 by Jason Contant

Brokerages in Ontario are rapidly embracing bots to automate repetitive tasks, the provincial brokerage association told Canadian Underwriter.  “Like all new technology, it takes time to drive awareness and articulate value, but the adoption curve seems to have accelerated more

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News AdjustersAnnouncementsAssociationsBrokersEmploymentInsuranceProductsProfessional Development

P&C insurance industry launches collective recruitment effort

January 25, 2024 by David Gambrill

Canada’s property and casualty insurance industry has launched a collaborative, industry-wide recruitment effort dubbed Project Reframe. Announced by the Insurance Institute of Canada (IIC) Monday, the public education campaign aims to portray the insurance industry as an engaging, dynamic, and

News AnnouncementsAssociationsInsuranceProfessional Development

Why insurance has proved a rewarding career for one emerging leader

November 21, 2023 by Alyssa DiSabatino

According to Ngawang (Noah) Choedon, everyone has a responsibility to give back. It’s why she takes every opportunity to help develop the new generation of P&C entrants.  It’s also why she was recognized with the Insurance Institute of Canada’s Emerging

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News AssociationsBrokersClaimsCommercial LinesInsuranceRisk

The Top 10 stolen cars in Canada

November 14, 2023 by Alyssa DiSabatino

For the second year in a row, the Honda CR-V was the most stolen vehicle in Canada, according to Équité Association.  The auto insurance fraud prevention organization today announced its Top 10 Most Stolen Vehicles in Canada, which now includes

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News AssociationsCatastrophesEarnings / RatingsInsuranceRisk

OSFI wants P&C ‘resolution authority.’ What PACICC needs for the job

October 30, 2023 by David Gambrill

Canada’s solvency regulator is looking for a stable, reliable ‘resolution authority’ that would allow the country’s property and casualty insurance industry to wind up an insolvent insurer efficiently without relying on taxpayer subsidization. At first blush, the ideal candidate is

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News AssociationsInsuranceLegislation / RegulationRisk

Over-regulation, populism: P&C execs sound the alarm

October 20, 2023 by David Gambrill

Canada’s P&C insurance industry is tired of shouldering the weight of “over-regulation” and populist politics. To counter these influences, the industry needs to spin its own narrative, P&C insurance company executives told attendees at the Insurance Broker Association of Ontario’s

Person dressed in all black breaking into a silver car by force
News AssociationsClaimsInsurance

P&C industry needs help fighting auto theft: IBC CEO

October 19, 2023 by Alyssa DiSabatino

Canada’s P&C insurance industry is doing its part to combat auto theft, but more support is needed from car manufacturers and governments to prevent this trend from worsening, Celyeste Power, president & CEO of the Insurance Bureau of Canada (IBC),

IBAC president Traci Boland
News AnnouncementsAppointmentsAssociationsBrokers

New president for national brokers’ association

October 18, 2023 by Alyssa DiSabatino

Traci Boland is the new president of the Insurance Brokers Association of Canada (IBAC). Boland is partner and manager at Ontario West Insurance Brokers and Bill Blaney Insurance Brokers. She holds more than over 20 years’ experience in the industry

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News AssociationsClaimsClaims CanadaInsuranceLegalMarkets / Coverages

What’s contributing to rising auto premiums in Alberta?

September 26, 2023 by Jason Contant

Litigation costs stand out as a major contributor to premiums drivers pay in Alberta, according to a new report from accounting firm MNP. Legal costs in Alberta’s auto insurance system have risen 31% since 2018 and account for roughly 20%

Welder works on gas pipeline
News AssociationsBrokers

Humber, IBAO build new talent pipeline for commercial brokers

September 22, 2023 by David Gambrill

Humber College and Insurance Brokers Association of Ontario (IBAO) have teamed up to launch a new program to attract and train prospective commercial insurance brokers. Scheduled to start Oct. 1, Humber’s new Commercial Account Manager (CAM) program was established to

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News AssociationsBrokersClaimsEmploymentInsuranceLive with CU

How the industry’s talent war shapes insurance education

September 21, 2023 by David Gambrill

Property and casualty insurance education is adapting to meet the needs of the industry’s desire for ‘plug-and-play’ talent that can hit the ground running, one panelist told a Live with CU presentation last week. More specifically, educational bodies are entering

Technology concept of clock face in binary codes of one and zero
News AnnouncementsAssociationsBrokersInsuranceTechnology

New guide published to expedite industry data exchange

September 18, 2023 by David Gambrill

The Centre for the Study of Insurance Operations (CSIO) has published an implementation guide to help insurers and vendors program JSON API Standards into their systems, providing faster data exchange between brokers and insurers. CSIO today published its JavaScript Object