Topic
Insurance
Tracy Garrad | Aviva Canada
March 8, 2024 Gloria CilliersTracy Garrad, CEO, Aviva Canada Tracy Garrad’s foray into leadership was anything but conventional. Starting her career at 19 in a customer service position, Tracy’s early entry into the workforce was propelled by necessity, when she left school at 17…
Jolee Crosby | Swiss Re
March 8, 2024 Gloria CilliersJolee Crosby, CEO of Canada & English Caribbean Reinsurance and Canada Country President, Swiss Re Jolee Crosby often jokes she’s a ‘recovering attorney,’ but she’s quick to assert she deliberately chose insurance as a career. She grew up in Kansas…
Michele Carver | Insurance Brokers Association of BC (IBABC)
March 8, 2024 Stacey HuntMichele Carver, President, Insurance Brokers Association of BC (IBABC) “I originally wanted to be a veterinarian,” says Michele Carver, president of the Insurance Brokers Association of British Columbia (IBABC), and manager of agency compliance for The British Columbia Automobile Association…
Voices of P&C Women
March 8, 2024 by David GambrillHappy International Women’s Day, 2024! For the past three years, Canadian Underwriter has been producing this tribute to the perspectives of women in the Canadian property and casualty industry — which, by the way, is made up of 66% women,…
Edmonton City Hall attack supports terror charges: RCMP
March 7, 2024 The Canadian PressMounties say they believe an attack on Edmonton City Hall in January was politically motivated, meaning it reaches the legal threshold for terrorism charges. Supt. Glenn Sells of the RCMP’s national security team said Tuesday that officers had seized an…
Staying on the right side of Quebec’s language law, Bill 96
March 7, 2024 David GambrillCanada’s property and casualty insurance industry is advised to establish a policy and train employees to comply with Bill 96, Quebec’s French language law, which calls for all policy contracts with clients in the province to be done in French…
How Aviva Canada fared in 2023
March 7, 2024 by Jason ContantAviva Canada ended 2023 with an undiscounted combined operating ratio (COR) of 95.3% and double-digit growth in gross written premiums, despite challenging market conditions that included increased weather-related losses and heightened auto theft. The undiscounted ratio for 2023 was up…
Industry responds to FSRA’s plan for insurer MGA supervision
March 7, 2024 by Alyssa DiSabatinoPotential risks stemming from P&C insurers’ managing general agent (MGA) outsourcing practices have caught the eye of Ontario’s insurance regulator, and it’s looking for feedback from stakeholders on a supervision plan. Insurers and MGAs alike have begun to weigh…
30 Forensic Engineering Appoints Dana Bjornson, P.Eng., M.Arch. as Practice Lead – Building Envelope Engineering Group
March 7, 2024 30 Forensic EngineeringCALGARY, AB, MARCH 7, 2024/insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensics firm, is pleased to announce the senior appointment of Dana Bjornson, P.Eng., M.Arch. as Practice Lead of our Building Envelope Engineering group. Dana joins the 30 Forensic…
How home insurance premiums are trending
March 6, 2024 by Jason ContantCanadian home insurance policyholders should brace for price increases this year following a nearly 8% year-over-year increase since the beginning of the year, according to internal data from rate comparison site My Choice Financial. Canada’s home insurance landscape is poised for…
Making embedded insurance more customer-centric
March 6, 2024 by Alyssa DiSabatinoNo two insurance policies are the same, and that extends to the way carriers deliver their embedded insurance models, one expert told the Insurance Canada Technology Forum. But before capitalizing on this latest digital sales opportunity, insurers must guarantee their…
How auto theft, inflation and vehicle complexity boost claims costs
March 6, 2024 Philip PoradoLate last year, Toronto’s police department wrapped an auto theft intervention, codenamed Project Stallion, that recovered 1,080 vehicles stolen citywide with a combined value of $59 million. That works out to just shy of $55,000 per vehicle. Auto theft is…