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What Intact is telling competitors who distribute through BrokerLink

August 17, 2020 by Greg Meckbach

Intact CEO Charles Brindamour is assuring his competitors that they are not at a competitive disadvantage with Intact should they distribute their insurance through Intact Financial Corp.’s BrokerLink brokerage unit. “Our strategy is not to get the brokerage business to

News BrokersMarkets / Coverages

Brokers urged to remind clients: Home policies won’t cover ‘pandemic pods’

August 13, 2020 by David Gambrill

As schools across the country prepare for re-opening in September, skittish parents who are not in favour of in-class learning for their children are setting up so-called “pandemic pods” to home-school small groups of children in the home. But brokers

News BrokersInsuranceMergers and Aqcuisitions

Why this BrokerLink exec thinks COVID could accelerate brokerage M&A

August 12, 2020 by David Gambrill

Before the pandemic, hard market conditions and the increasing digitization of brokerages were already reasons for some broker principals to ponder selling the business and moving on, but the novel coronavirus may have further accelerated the pace of M&A, says

News BrokersInsuranceMergers and Aqcuisitions

BrokerLink closes nine brokerage acquisitions across the country

August 11, 2020 by David Gambrill

BrokerLink announced Tuesday the closing of nine acquisitions to date for 2020, including the acquisition of brokerages in Alberta, Ontario, Nova Scotia and New Brunswick. BrokerLink, a subsidiary of Intact Financial Corporation, continues to look to the future to carry

Feature BrokersLegislation / RegulationProfessional Development

Balancing Act

August 8, 2020 CIP Society

What happens when an agreement is breached due to COVID-19? Experts share their thoughts

News AnnouncementsAppointmentsBrokersInsuranceReinsurance

Guy Carpenter names new head of Canadian operations

August 5, 2020 by David Gambrill

Peter Askew has been named president and CEO of the Canadian business of global reinsurance specialist Guy Carpenter & Company LLC, a business of Marsh & McLennan Companies. Effective immediately, Askew will be responsible for Guy Carpenter’s reinsurance broking activities

News AnnouncementsBrokersInsuranceMergers and Aqcuisitions

The link between the Edmonton Oilers and Arthur J. Gallagher’s latest acquisition

August 5, 2020 by David Gambrill

Arthur J. Gallagher & Co. has acquired Edmonton, Alta.-based Insight Insurance & Risk Management Ltd., the official insurance brokerage of NHL hockey’s Edmonton Oilers. Founded in 2013 by CEO Alexis Harke, Insight is a retail insurance broker serving clients throughout

Feature Brokers

Looking in the Mirror

August 4, 2020 David Gambrill, Editor in Chief

Canadian Underwriter asked brokers across the country to rate themselves as trusted advisors. While pride in their work during the pandemic was obvious, the survey results also suggested ways to enhance their value to consumers.

News BrokersMergers and Aqcuisitions

How Aon and Willis are progressing on proposed merger

August 4, 2020 by Greg Meckbach

The acquisition of Willis Towers Watson plc by Aon plc is on track to close in less than a year as Aon officials don’t seem concerned the deal will be blocked by competition regulators. “We are exactly on track with

News AnnouncementsAssociationsBrokersInsurance

IBAO updates awards program to salute community leadership during the pandemic

July 30, 2020 by David Gambrill

Shortly after the World Health Organization declared the novel coronavirus to be a global pandemic, when Canadian P&C insurance industry employees first started to work from home remotely to avoid the spread of the virus, Canadian Underwriter asked brokers in

News BrokersInsurance

Top Story of 2020: What emergency relief will insurers offer customers? Here’s what they told us

July 27, 2020 by Adam Malik

Editor’s note: This article has been updated with all known information. Insurance Bureau of Canada announced that its members are offering reductions in auto insurance premiums for consumers whose driving habits have changed significantly. You can read that story here.

News BrokersInsuranceLegislation / Regulation

What happened to the ex-broker who claimed he was a CE instructor, but wasn’t

July 22, 2020 by David Gambrill

A former broker who has vowed never to return to the insurance industry has been ordered to pay a $5,000 civil fine for claiming to be a CE instructor when he had not in fact taught the course he claimed