Topic
Insurance
Why CBI insurance is on the rise in Canada
January 16, 2019 by Jason ContantContingent business interruption (CBI) insurance is on the rise in Canada, with an increase in both demand and higher limits, says the CEO and chief agent for Allianz Global Corporate & Specialty (AGCS) Canada. “This is one of the most…
“Mobile-first” insurtech may be coming to Canada
January 16, 2019 by Greg MeckbachA San Francisco-based firm calling itself a “mobile-first” property and casualty insurance brokerage might start placing home and auto coverage in Canada. Canadian Underwriter asked Karn Saroya, CEO of Cover Financial Inc., whether his insurtech plans to expand into Canada.…
What buyers look for in a brokerage
January 16, 2019 by Greg MeckbachInformation technology is one driving force behind mergers and acquisitions involving property and casualty insurance brokerages. Acquiring new products, talent and technology are among the reasons behind M&A activity in P&C insurance, said Georges Pigeon, a Montreal-based partner with KPMG’s…
Hard market? Not so fast.
January 16, 2019 by Jason ContantThe Canadian insurance industry is not at the beginning of a hard market, says Phil Cook, a P&C industry consultant and CEO of Omega Insurance Holdings. “There are some commentators out there that will say we are at the beginning…
Paid 3 Ways Small Businesses Can Stay Compliant Under Federal Privacy Laws
January 16, 2019 David Smagata, DASHow can small businesses stay compliant under PIPEDA? The Office of the Privacy Commissioner of Canada has published various online resources for both individuals and businesses to help better understand their obligations under the Personal Information Protection and Electronic Document…
Announcing Recent Case Law in Favour of The Guarantee
January 16, 2019 by Linda DomenichiniTORONTO, ON, Jan. 16, 2019/insPRESS/ – The Guarantee is pleased to announce a landmark decision by the Ontario Court of Appeal affecting the entire construction industry. On January 14, 2019, the Ontario Court of Appeal released a unanimous 5-panel decision in…
West Elgin Mutual Insurance Company (WEMIC) launches online quoting using Mutual Concept Computer Group Inc.’s (MCCG) Online Quoting Solution (OQS).
January 16, 2019 West Elgin Mutual Insurance CompanyDUTTON, ON, Jan. 16, 2019/insPRESS/ – West Elgin Mutual Insurance Company unveils automobile and property insurance online quoting to better support its community and their agent distribution network through partnership with Mutual Concept Computer Group Inc. (MCCG). West Elgin’s solution, https://quote.westelgin.com/oqs-server/static/oqs-angular/index.html#/quote/,…
Hub’s take on the merger between P&C and employment benefits
January 15, 2019 by Jason ContantAs it continues to expand its employee benefits solutions, Hub International is training its more than 4,000 employees in Canada to articulate that it is not just a property and casualty brokerage. “There’s still a training and development and learning…
What these brokerages bring to the table in Hub merger
January 15, 2019 by Greg MeckbachA Quebec brokerage recently acquired by Hub International Ltd. brings expertise in construction and auto dealerships to the table. “Hub is already major player, if not one of the biggest brokers in Quebec,” Alain Giroux, executive vice president of Montreal…
Sedgwick highlights industry trends for 2019
January 15, 2019 by SedgwickMEMPHIS, TN, Jan. 15, 2019/insPRESS/— Sedgwick, a leading global provider of technology-enabled risk, benefits and integrated business solutions, today published its “Forward thinking 2019” list, which includes major industry trends employers and risk management professionals should watch this year. In…
IPG Welcomes Brett Colville as Toronto Operations Manager
January 15, 2019 by SCM Insurance ServicesTORONTO, ON, Jan. 15, 2019/insPRESS/ – International Programs Group (IPG), Canada’s largest property and casualty (P&C) provider of Third-Party Administration services, announced that Brett Colville will be joining their team as Toronto Operations Manager. An experienced claims specialist and operations professional,…
Why future AI will involve less data
January 14, 2019 by Jason ContantMachines and applications with artificial intelligence (AI) capabilities will soon rely less on bottom-up big data and more on top-down reasoning that more closely resembles the way humans approach problems and tasks, Accenture said Monday. “We will have top-down systems…