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Covid-19 Webinar (Part 2): Cyber Security in a Remote World

May 12, 2020 by Canadian Underwriter

Canadian Underwriter hosted a free webinar on April 29 to discuss emerging cyber threats during the COVID-19 pandemic. The webinar panel featured three cybersecurity experts in the industry, including Eduard Goodman, global privacy officer at CyberScout, Tim Zeilman, vice president

Webinars AssociationsBrokersMarkets / CoveragesTechnology

Covid-19 Webinar (Part 1): Business Continuity in the Digital Age

May 12, 2020 by Canadian Underwriter

Canadian Underwriter hosted a free webinar on Apr. 22 exploring how brokers’ business continuity plans have responded and will continue to respond during the unfolding drama of the global COVID-19 pandemic. The panel discussion featured IBAO president Joseph Carnevale, partner

News BrokersInsuranceMarkets / CoveragesTechnology

Covid-19 Webinar (Part 1): Business Continuity in the Digital Age

May 12, 2020 Canadian Underwriter

Canadian Underwriter hosted a free webinar on Apr. 22 exploring how brokers’ business continuity plans have responded and will continue to respond during the unfolding drama of the global COVID-19 pandemic. The panel discussion featured IBAO president Joseph Carnevale, partner

News Markets / Coverages

Canada now in a recession: C.D. Howe council

May 1, 2020 THE CANADIAN PRESS

TORONTO – The C.D. Howe Institute’s Business Cycle Council says Canada has entered a recession due to the economic devastation caused by the COVID-19 pandemic. In a report released Friday, the council said the economy peaked in February before the

News ClaimsClaims CanadaInsuranceMarkets / Coverages

Wimbledon cancellation could ‘change the entire way of looking at insurance’: Broker

April 30, 2020 by Greg Meckbach

The cancellation of the Wimbledon tennis tournament, and the associated nine-figure insurance payout, is going to change the way the industry offers pandemic coverage, a Canadian commercial broker suggests. A report by Britain-based GlobalData says the Wimbledon organizer paid for

News BrokersCatastrophesClaimsCommercial LinesInsuranceMarkets / Coverages

How brokers can protect themselves from lawsuits during COVID-19

April 28, 2020 by David Gambrill

Broker advice and advocacy are shining brilliantly during the days of the global pandemic, with insurer products, coverage options and consumer relief packages in a constant state of flux. Many in the P&C industry have noted that broker value has

News InsuranceMarkets / Coverages

The opportunity insurers are missing as COVID-19 cancels events

April 24, 2020 by Jason Contant

As large sporting and entertainment events get cancelled across Canada and the world as a result of COVID-19, the insurance implications affect not only event organizers themselves, but also promotional partners, licensees and businesses involved in merchandising. While event organizers

News Commercial LinesMarkets / Coverages

Car sharing shutdown in these Canadian cities

April 22, 2020 THE CANADIAN PRESS

General Motors says it has permanently shut down its Maven car sharing service in all markets including Toronto after suspending operations in March due to the COVID-19 outbreak. The company said in an email to customers Tuesday that it made

News BrokersCommercial LinesInsuranceMarkets / Coverages

Should the hard market run its course through COVID-19?

April 17, 2020 by Jason Contant

As the economic fallout from the COVID-19 pandemic continues during a hard market cycle, the solution to consumers’ woes may not be as simple as providing premium relief, one Quebec broker says. “We’re not seeing premium relief from insurers to

News BrokersInsuranceMarkets / CoveragesTechnology

How to protect your clients from cybercriminals cashing in on COVID-19

April 8, 2020 by Jason Contant

Brokers advising clients on cyber insurance during the COVID-19 pandemic will want to make sure there is an appropriate loss of income coverage under the policy, similar to other lines of insurance, a specialist insurer said recently. “If we were

News ClaimsEmploymentInsuranceMarkets / Coverages

How Aviva is responding to dentists’ COVID-19 claims

April 2, 2020 by Greg Meckbach

Aviva Canada is promising guidance to dentists who want to submit claims arising from provincial government orders shutting down non-essential services. Aviva writes TripleGuard, a property and casualty insurance product for dentists provided by CDSPI, originally known as Canadian Dental

News InsuranceMarkets / Coverages

The huge price tag of U.S. political interference with COVID-19 BI exclusions

March 31, 2020 by David Gambrill

Politicians in New Jersey, Ohio and Massachusetts have all drawn up proposed legislation that would force U.S. property and casualty insurers to pay for some business interruption claims for COVID-19 retroactively. The American Property Casualty Insurance Association (APCIA) says the