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Why risk managers are feeling a sense of urgency

September 29, 2022 by Jason Contant

The COVID-19 pandemic has changed the business and risk landscape dramatically over the past couple of years and created a sense of urgency to spread risk knowledge and education, the new CEO of RIMS said in an interview with Canadian

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How to use captives to manage employee benefits risks

September 28, 2022 Mauricio Suarez

By recent counts, more than 7,000 captive insurance companies exist globally, used primarily by multinational companies to take control of various risks. And yet, fewer than 200 of them are used to write employee benefits (EB) risks. Which means less

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News ClaimsEmploymentProfessional DevelopmentRisk

School board lacked authority to suspend trustees over alleged bullying: B.C. judge

September 27, 2022 The Canadian Press

VICTORIA – A B.C. Supreme Court judge has ruled the Greater Victoria School Board lacked the authority to censure and suspend two elected trustees over allegations of harassment and bullying. Justice Briana Hardwick says in a written decision that the

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Intact CEO reveals “the toughest file of my career”

September 23, 2022 by David Gambrill

The chief operating officer of Canada’s largest P&C insurer is confronting a conundrum he never faced before the pandemic — he’s not sure how to get all of his employees to work in the office. It’s not an issue unique

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P&C industry should consider “under-hiring” to fill talent gap: RIMS panel

September 15, 2022 by Alyssa DiSabatino

P&C insurance is still struggling to backfill employees, as executives retire and the Great Resignation directs workers to other industries, industry experts told delegates attending a RIMS Canada Conference panel in Halifax. Possible solutions include turning to students (via apprenticeships),

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Key components of a successful talent-acquisition strategy

September 15, 2022 by Jason Contant

Canadian P&C companies should use data analytics for their talent acquisition (TA) strategies just as they do in other parts of the business, a speaker told Wednesday’s Reuters Events’ Future of Insurance Canada 2022 conference. “The traditional recruitment model is…

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What insurers are doing to improve recruiting

August 23, 2022 Philip Porado

It’s not your imagination, COVID-19 really did throw a wrench into the insurance industry’s ability to hire and retain talent, says a new Deloitte report on the state of Canada’s P&C industry. It found industry demand for people with the

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Are brokers and agents marketing effectively to women?

August 18, 2022 Canadian Underwriter Staff

More than 60% of women don’t have an insurance agent, compared with fewer than half (48.1%) of men, according to a new study from Zelros, a Paris-based insurtech with offices in Montreal and New York. The survey includes data from

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News AnnouncementsBrokersEmploymentInsuranceMergers and Aqcuisitions

The latest commercial brokerage to snap up an employment benefits firm

August 4, 2022 by David Gambrill

In keeping with the trend of Canadian commercial insurance brokerages offering expanded financial services, Westland Insurance Group yesterday acquired one of Ontario’s largest employee benefits consulting groups, The Winch Group. The Winch Group is a full-service brokerage specializing in employee

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Does it matter how brokers define independence?

July 25, 2022 Jason Contant

What’s the best way for a P&C broker to maintain its independence? Depends who you ask. Back in April, Insurance Brokers Association of Ontario president Joseph Carnevale told Canadian Underwriter that independence is linked to the broker value proposition to

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News EmploymentInsuranceProfessional Development

Better productivity in the office? Think again, HR survey finds

July 7, 2022 by Alyssa DiSabatino

Remote work is now tied with the office as the place to do the most productive work, according to a new survey by recruitment and employment services provider Robert Half. Forty-two per cent of professionals report accomplishing more work at

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How the pandemic changed broker prospecting for new business

June 30, 2022 David Gambrill

High workloads during the pandemic had an impact on brokers’ ability to prospect for new business, Canadian Underwriter‘s 2022 National Broker Survey found. The survey asked more than 250 brokers nationwide in February about challenges to the broker distribution channel.