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Aviva Canada’s approach to navigating the economic recession

August 7, 2020 by David Gambrill

Whether or not an economic recovery in Canada is just around the corner — speculation of which is fuelled by the developments in researching a COVID-19 vaccine — Aviva Canada is committed to sticking to its three-year financial targets established

News Commercial LinesInsuranceMarkets / Coverages

Financially, which of your clients are hurting the most?

August 7, 2020 by David Gambrill

Canadian construction and real estate development companies appear to be hurting the most during the pandemic, according to bankruptcy records kept by the federal government. Twenty-seven Canadian companies have been granted creditor protection since the novel coronavirus was declared a

News BrokersInsuranceMarkets / Coverages

How the economic recession changed the game for Canadian brokers, insurers

June 16, 2020 by Adam Malik

The COVID-19 pandemic has pushed broker to be more than just advisors of insurance coverage — they’re offering broader financial guidance and services to their clients. Meanwhile, the economic recession resulting from the pandemic shifted the carriers’ focus towards “operational

News BrokersCatastrophesClaimsCommercial LinesEarnings / RatingsEmploymentInsuranceMarkets / CoveragesReinsuranceRisk

CU Webinar: Industry execs to discuss impact of economic recession on Canada’s P&C industry

June 12, 2020 by David Gambrill

Way back in 2020 Q1, before the world turned upside down, the Canadian property and casualty insurance results were on the rebound from a difficult prior year. But on Mar. 11, 2020, the World Health Organization declared the novel coronavirus

Webinars BrokersClaimsLegalLegislation / RegulationMarkets / CoveragesRiskTechnology

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

May 12, 2020 by Canadian Underwriter

To view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code*Phone*Organization*Job Title*What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance AgencyManaging General AgentInsurer

Webinars AssociationsBrokersMarkets / CoveragesTechnology

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

May 12, 2020 by Canadian Underwriter

To view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code*Phone*Organization*Job Title*What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance AgencyManaging General AgentInsurer

News BrokersInsuranceMarkets / CoveragesTechnology

Covid-19 Webinar: 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