Canadian Underwriter

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Why CBI insurance is on the rise in Canada

January 16, 2019 by Jason Contant

Contingent 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

News BrokersInsuranceTechnology

“Mobile-first” insurtech may be coming to Canada

January 16, 2019 by Greg Meckbach

A 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.

News InsuranceMergers and AqcuisitionsTechnology

What buyers look for in a brokerage

January 16, 2019 by Greg Meckbach

Information 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

News InsuranceMarkets / CoveragesReinsurance

Hard market? Not so fast.

January 16, 2019 by Jason Contant

The 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

News Insurance

Paid 3 Ways Small Businesses Can Stay Compliant Under Federal Privacy Laws

January 16, 2019 David Smagata, DAS

How 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

insPRESS Insurance

Announcing Recent Case Law in Favour of The Guarantee

January 16, 2019 by Linda Domenichini

TORONTO, 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

insPRESS Insurance

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 Company

DUTTON, 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/,

News BrokersEmploymentInsurance

Hub’s take on the merger between P&C and employment benefits

January 15, 2019 by Jason Contant

As 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

News BrokersInsuranceMergers and Aqcuisitions

What these brokerages bring to the table in Hub merger

January 15, 2019 by Greg Meckbach

A 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

insPRESS Insurance

Sedgwick highlights industry trends for 2019

January 15, 2019 by Sedgwick

MEMPHIS, 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

insPRESS Insurance

IPG Welcomes Brett Colville as Toronto Operations Manager

January 15, 2019 by SCM Insurance Services

TORONTO, 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,

News InsuranceTechnology

Why future AI will involve less data

January 14, 2019 by Jason Contant

Machines 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