Topic
Associations
Which insurance carriers are no longer using Z-codes to denote coverage
April 18, 2018 by Greg MeckbachMore than a dozen Canadian property and casualty insurers are using standardized codes to denote coverages, endorsements and discounts in broker’s databases. Thirteen insurer members of the Centre for Study of Insurance Operations ‘are now 100% standards-compliant,” meaning they are…
Consumers capable of making online insurance purchases on their own: digital broker
April 2, 2018 by Jason ContantCanadians are rejecting the notion that personal lines insurance is such a complicated product that consumers are incapable of making their own insurance purchase decisions without the advice of a broker, a digital broker told Canadian Underwriter recently. “I don’t…
IBAO Provides Platform for Member Voices at Upcoming Town Hall Meetings
March 29, 2018 by Insurance Brokers Association of OntarioTORONTO, March 29, 2018 /insPRESS/ – The Insurance Brokers Association of Ontario (IBAO) is hosting a series of Town Hall meetings to give their members the opportunity to have their voices heard. Town Halls will be held in London on…
IBAM Endorses CSIO’s My Proof of Insurance eDelivery Solution
March 15, 2018 by CSIO (Centre for Study of Insurance Operations)TORONTO, March 15, 2018 /insPRESS/ – CSIO is pleased to announce that the Insurance Brokers Association of Manitoba (IBAM) has endorsed its My Proof of Insurance eDelivery solution to send consumers their policy documents for personal and commercial lines electronically. The solution…
IBAO Partners with Gore Mutual to Support Future Ontario Brokers
March 13, 2018 by Insurance Brokers Association of OntarioTORONTO, March 13, 2018 /insPRESS/ – The Insurance Brokers Association of Ontario (IBAO) is pleased to announce its partnership with Gore Mutual on the redesign of the IBAO Classroom, located at 1 Eglinton Avenue East. Every year over 600 students come…
The Future of Broker Education
January 24, 2018 David Gambrill, Editor-in-ChiefGreg Mansfield has received an award for his visionary approach to broker CE. Here’s what he sees for broker learners in the future.
Quebec brokers concerned about regulatory ‘vacuum’ on web sales
January 23, 2018 by Greg MeckbachQuebec brokers are pushing for a prohibition on buying property and casualty insurance over the Internet without some involvement from a broker or agent. Under the province’s proposed Bill 141, the Act respecting the distribution of financial products and services…
Auto Polish
January 11, 2018 Greg Meckbach, Associate EditorAuto insurance reform was top of mind at this year’s Insurance Brokers Association of Ontario convention.
Mutual mergers: stepping stone to demutualization?
January 8, 2018 by Jason ContantWith Economical Insurance on the road to demutualization, the question has always been: will other mutuals follow suit? But another possibility is that some of the smaller Canadian mutual insurers may merge to form larger entities in anticipation of demutualizing…
Why thieves are targeting Ford F-series Super Trucks
December 5, 2017 David Gambrill, Editor-in-ChiefFord F-series Super Duty trucks dominated the Insurance Bureau of Canada (IBC)’s 2017 list of Top 10 stolen vehicles because they are perfect for both individuals committing ‘opportunistic’ crimes such as joyriding and for organized crime rings looking to sell…
Provincial brokers urge “deep” review of government insurer
November 29, 2017 Greg Meckbach, Associate EditorInsurance Brokers Association of B.C. (IBABC) and a provincial cabinet minister are calling for major changes to British Columbia’s money-losing government monopoly auto insurer. But it’s been four months since the release of a consultant’s report containing specific options and…
Why future recruits will flock to the automated insurance workplace
November 23, 2017 David Gambrill, Editor-in-ChiefWhile it remains to be seen whether or not the industry’s anticipated move to automate “paper pushing” roles over the next decade will spawn major job losses, the industry may have an easier time attracting youth to the more advanced…