Topic
Professional Development
2 key concerns for brokers in 2018
January 4, 2018 by Jason ContantMerger activity and technology are two major issues facing brokers looking forward into 2018, says the new Insurance Brokers Association of Ontario (IBAO) president Brian Purcell. Purcell talked to Canadian Underwriter shortly after beginning his new role as IBAO president…
McDougall Insurance discusses latest merger
January 3, 2018 by Jason ContantMcDougall Insurance & Financial is merging with Worden Insurance & Financial Services, a 13-employee brokerage operating out of Oshawa. Based in Belleville, Ont., McDougall Insurance & Financial is looking to extend its footprint in Ontario’s Durham region with its latest…
2018 Outlook: Silvy Wright, President, CEO Northbridge Financial Corporation
January 3, 2018 Silvy WrightWith digital innovation, customers are extracting more value from their insurance partners — and this will only continue to ramp up in 2018. Insurtech startups raised $985 million in 2017 Q2 alone; investments in startups have increased by 36% over…
2018 Outlook: Lynn Oldfield, President, CEO, AIG Canada
January 2, 2018 Lynn OldfieldAs chair of the board of the Insurance Institute of Canada (IIC), I see graduating insurance professionals who are educated, committed, and inspiring. Their sacrifice and determination in completing their Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP)…
2018 Outlook: Sean Murphy, President, Lloyd’s Canada
January 2, 2018 Sean MurphyMost people in the industry anticipate a hardening of the market in 2018, the aftermath of an historic year of natural catastrophes. Some of the first signs of rising rates in the Canadian P&C industry are already starting to emerge.…
P&C People: Who’s doing what
December 21, 2017 by Canadian UnderwriterNew CEO for Manitoba Public Insurance The Government of Manitoba has announced that Benjamin Graham will become the new president and CEO of Manitoba Public Insurance (MPI), effective Feb. 1, 2018. Manitoba Premier Brian Pallister made the announcement in a…
Why U.S. brokerage made its first Canadian P&C acquisition
December 20, 2017 Jason Contant, Online EditorDalton Timmis Insurance Group’s technological capabilities and its “unique abilities” in motorcycle and transportation insurance were among the factors that made it an ideal acquisition target for U.S. brokerage NFP Corp., the president of NFP in Canada said Wednesday. Marty…
MGAs launch their own made-in-Canada trade forum
December 19, 2017 Jason Contant, Online EditorA new trade forum for managing general agents (MGAs) has been launched in Canada to help address changes in the market. The Canadian Managing General Agents forum (CAMGA) is an attempt to draw MGAs together and will provide an opportunity…
The insurance industry’s challenge in recruiting forensic engineers
December 8, 2017 Greg Meckbach, Associate EditorThe challenge for the property and casualty insurance industry in recruiting young engineers is that engineers generally want to make things instead of figuring out why things crashed or burned. “We have had a challenging time servicing our clients in…
P&C People: Who’s landed where?
December 7, 2017 by Canadian UnderwriterGuarantee Company of North America appoints two members to board of directors The Guarantee Company of North America has appointed Bev Wittmack and Dawn Tattle to its board of directors. Wittmack is a director of JEH Enterprises Inc., a privately-owned…
Are Canada’s risk managers compensated for wearing many hats?
December 5, 2017 Jason Contant, Online EditorMore than six in 10 (63% of) risk management professionals in the United States and Canada reported performing functions in addition to risk management in their organizations, according to RIMS’ 2017 Risk Management Compensation Survey. One reason why is because…
Working from home? Careful with your client information
December 1, 2017 David Gambrill, Editor-in-ChiefBrokers need to be mindful of how they protect their clients’ information in the digital age, particularly when they transfer information to and from their office to work remotely from home. “We recognize that the digital era is upon us,…