Canadian Underwriter

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Professional Development


News Mergers and AqcuisitionsProfessional Development

Don’t underestimate effort needed for successful acquisition: CIP Symposium speaker

April 25, 2016 Jason Contant, Online Editor

Don’t underestimate the effort required to have a major change such an acquisition go through successfully, attendees to the 2016 CIP Society Symposium heard last week. Speaking during an Up Close and Personal session, Surender Sekhon, director of operational underwriting

News InsuranceProfessional DevelopmentTechnology

Kanetix Ltd. partners with ClientDesk to help insurance industry engage with customers digitally

April 25, 2016 by Canadian Underwriter

Kanetix Ltd. has partnered with ClientDesk Inc. to offer a new insurance solution to insurance providers, intermediaries and their customers – a mobile self-service technology for policyholders that allows insurance providers to connect with their clients via a mobile app.

Sam Natur, CEO and president of Bullfrog Insurance
News InsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Understanding the changing customer key to helping prevent disruption, CIP Symposium speaker says

April 24, 2016 Jason Contant, Online Editor

Not understanding the changing customer could prove detrimental to the insurance industry, Sam Natur, CEO and president of Bullfrog Insurance, told conference attendees last week at the 2016 CIP Society Symposium in Toronto. “If you think that’s not going to

News InsuranceLegalMarkets / CoveragesProfessional Development

Canada’s FirstOnSite Restoration to join forces with U.S.-based Interstate Restoration

April 22, 2016 by Canadian Underwriter

FirstOnSite Restoration G.P. Inc. (the general partner of FirstOnSite Restoration L.P.), Canada’s largest independent disaster restoration services provider, announced on Thursday that it has reached a definitive asset purchase agreement with U.S.-based Interstate Restoration LLC. Under the agreement, subject to

News AssociationsLegislation / RegulationMergers and AqcuisitionsProfessional DevelopmentTechnology

YIPT autonomous vehicles panel addresses product liability, future need for personal auto insurance

April 22, 2016 by Canadian Underwriter

The first fully autonomous cars could be in showrooms in a few years, attendees to the Young Insurance Professionals of Toronto (YIPT) second annual Speaker Panel Series heard last week. “You will see the first fully autonomous cars in showrooms

News AssociationsInsuranceMergers and AqcuisitionsProfessional DevelopmentTechnology

Personal lines set to dramatically change, but will not disappear altogether: speakers at CIP Symposium

April 22, 2016 Jason Contant, Online Editor

With the number of disruptors entering the insurance industry, personal lines insurance is set to undergo a dramatic transformation, but will likely not disappear altogether, speakers suggested Thursday at the 2016 CIP Society Symposium. Catherine Kargas (picture below right), vice

News InsuranceProfessional DevelopmentTechnology

Half of CEOs worldwide expect substantial digital transformation, Gartner survey finds

April 21, 2016 by Canadian Underwriter

Half of CEOs worldwide expect their industries to be “substantially or unrecognizable transformed” by digital change, according to a survey released on Wednesday by Stamford, Conn.-based information technology research and advisory company Gartner Inc. The 2016 CEO Survey: The Year

News AssociationsInsuranceLegislation / RegulationProfessional Development

OSFI staff ‘very actively engaged’ in international capital standard for insurers: Zelmer

April 20, 2016 Greg Meckbach, Associate Editor

An international capital standard for global systemically important insurers is “probably not going to have much of an impact on the Canadian p&c industry,” an official with the Office of the Superintendent of Financial Institutions suggested recently, but Canadian insurers

News InsuranceProfessional Development

Lack of “people focus” hampers financial success of M&A: Willis Towers Watson

April 19, 2016 by Canadian Underwriter

More than four in 10 (42% of) polled insurance companies “recognize the critical importance of cultural integration and of hiring and retaining employees to the overall success of a deal,” according to a survey of senior insurance executives conducted by

News AssociationsInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

UN, World Bank Group and insurance industry join forces for formation of Insurance Development Forum

April 18, 2016 by Canadian Underwriter

Leaders of the United Nations, the World Bank Group and the global insurance industry on Monday announced the formation of the Insurance Development Forum (IDF), which occurred at a high level meeting in Washington, DC, last week. The IDF has

News AssociationsInsuranceMergers and AqcuisitionsProfessional Development

Toronto Insurance Conference puts out call for applications to TIC Scholarships Program, up to $15,000 available

April 18, 2016 by Canadian Underwriter

The Toronto Insurance Conference (TIC) is now accepting applications for the fourth year of its university scholarships program. Founded in 2013 and managed by the Insurance Institute of Ontario, the TIC Scholarships Program offers financial assistance for up to three

News CatastrophesClimate ChangeInsuranceProfessional Development

UN Secretary-General urges insurance industry to take leadership role in climate change response

April 14, 2016 by Canadian Underwriter

The global insurance industry is a key actor in forging new instruments to anticipate and manage climate risks, and must continue to work with the United Nations to manage and reduce such risks, UN Secretary-General Ban Ki-moon said on Wednesday.