Canadian Underwriter


COVID-19 hacker
News ClaimsClaims CanadaEmploymentInsuranceMarkets / CoveragesTechnology

Inadequate security led to breach that compromised Canadians’ info: watchdog

February 16, 2024 Jim Bronskill – The Canadian Press

OTTAWA – Government departments lacked adequate protections to fend off a “sophisticated and co-ordinated” cyberattack that compromised the sensitive information of tens of thousands of Canadians, the federal privacy watchdog has found. In a report tabled Thursday, privacy commissioner Philippe

Business acquisition sealed with a handshake
News BrokersCommercial LinesEmploymentInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Hub’s latest Ontario brokerage acquisition

February 12, 2024 by Jason Contant

Hub International Ltd. has enhanced its personal, commercial and employee benefits services with the acquisition of Ontario brokerage Mitchell Sandham. Located in Oakville, Ont., Mitchell Sandham is one of the oldest and largest independently owned insurance brokerages in the Greater

Businessman sending and showing resignation letter to employer boss. Quitting a job, businessman fired or leave a job concept.
News BrokersEmploymentLegal

What happened after a broker quit without proper notice

February 5, 2024 by David Gambrill

A B.C. broker who quit without giving proper notice under his employment contract doesn’t owe his former brokerage any money for damages, because the brokerage couldn’t prove any lost income due to the resignation, the B.C. Civil Resolution Tribunal has

Close-up of an insurance policy
News ClaimsClaims CanadaCommercial LinesEmploymentInsuranceMarkets / CoveragesProfessional Development

KPMG buys insurance claims practice

February 2, 2024 by Jason Contant

Professional services firm KPMG in Canada has purchased an insurance claims practice that offers income replacement benefit and related calculations, as well as commercial loss claims calculations for insurance companies and their customers. The acquisition of the claims practice of

We want you! Retro woman pointing finger vector illustration
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

Remote workplace
News EmploymentInsuranceProfessional Development

5 steps to negotiate a hybrid work schedule

January 19, 2024 by Jason Contant

Given the uptick in return-to-office mandates since the height of the COVID-19 pandemic, it’s important for you to advocate for yourself as an employee who wants hybrid work, but also understand the needs of your employer if you face resistance,

Anne Fortin appointed president of Intact Insurance.
News AnnouncementsAppointmentsEmploymentInsuranceProfessional Development

Intact Insurance names president

December 15, 2023 by Jason Contant

Intact Financial Corporation (IFC) has appointed Anne Fortin as president of Intact Insurance, effective Jan. 1, 2024.  In her new role, Fortin will have responsibility for the Quebec, West, Ontario and Atlantic divisions of Intact Insurance, the insurer said in

Digital puzzle pieces; digital M&A concept
News BrokersCommercial LinesEmploymentInsuranceMarkets / CoveragesMergers and AqcuisitionsMGAsProfessional DevelopmentTechnology

Private equity firm acquires digital brokerage

December 8, 2023 by Jason Contant

Private equity firm Southampton Financial Inc. has announced its acquisition of Ontario-based digital insurance brokerage aha insurance. Launched in 2017, Waterloo, Ont.-based aha insurance offers consumers the ability to quote, purchase and manage car and home insurance policies entirely online.

Diversity in the office
News EmploymentInsuranceLegislation / RegulationProfessional DevelopmentRisk

Is your board looking at their own diversity?

December 5, 2023 by Jason Contant

It’s no longer sufficient for insurance industry board members to talk about diversity across the organization — boards need to actively look at their own diversity and address any gaps, KPMG suggested in a recent thought leadership piece.  “To build

Social media hiring
News EmploymentInsuranceProfessional DevelopmentTechnology

Why you should use consumer advertising to recruit talent

December 4, 2023 by Jason Contant

Canadian P&C insurance industry companies may want to consider leveraging existing consumer advertising tactics, including social media channels like TikTok, and apply them to recruitment efforts. It’s no secret the industry continues to face a ‘war for talent,’ particularly as

Row of electric semi trucks at charging stations
News AnnouncementsCommercial LinesEarnings / RatingsEmploymentInsuranceTechnology

Electric truck/bus maker cuts jobs

November 27, 2023 THE CANADIAN PRESS

MONTREAL – The Lion Electric Co. says it is cutting 150 jobs or about 10% of its total workforce in a move to reduce costs and improve its ability to reach its profitability objectives. Lion Electric chief executive and founder

Illustration where one insurance businessman chooses to go up on an arrow staircase, another businessman chooses to go down the arrow staircase
News AdjustersBrokersEmploymentInsuranceProfessional Development

Forget why you fell into insurance. Why’d you stay?

November 17, 2023 by Alyssa DiSabatino

It might be easier to attract recruits to insurance if P&C professionals reminisced on what keeps them in the industry, rather than voicing the age-old adage of how they ‘fell in‘ to the profession, experts at Reuters’ Future of Insurance