The biggest lessons from catastrophes such as Fort McMurray, and how to apply them in the future
Developing a cyber response plan is critical for SMEs
Where do you find top-flight commercial brokers when the pool of highly-qualified talent is shallow?
Is your brokerage looking to build a performance-based compensation plan? Chances are, you are not alone. In Canadian Underwriter’s 2018 National Broker Survey, more than 250 broker owners and principals shared their views on the effectiveness of four types of…
Thom Young, co-founder of Lundgren & Young Insurance Ltd. in Alberta, gives the business case for promoting professional development in Canadian brokerages. “This actually makes you money, so you should be doing it.”
When it comes to workplace diversity, Canada’s property and casualty insurance industry could use a bit of a boost. Statistically, the industry is lagging behind other Canadian workplaces when it comes to diversity. What would it take to bring more…
Regulators are watching captives carefully. How to avoid getting caught in the grasp of a tax audit
The property and casualty insurance industry is like a cable TV network: you can choose from among a variety of channels – broker, direct, multi-channel and omni-channel. Desjardins’ Denis Dubois explains what they all mean, and tells CU how distribution channels may evolve in the future.
Insurers have introduced many new products to cover water damage arising from catastrophic flood events, but the industry can’t solve the flood risk issue on its own. Here’s how they can improve their own response – and how Canadian governments can help
The purpose of insurance is not to bankroll high-risk, reckless behaviours
Pollution claims can be spectacularly damaging when they happen, and they are often excluded from CGL commercial insurance policies. So why aren’t more contractors buying environmental insurance, and how can brokers reverse the trend?
Canada’s reinsurance marketplace, featuring a relatively small piece of the global premium pie, creates a challenge for reinsurers to grow their business. So why do reinsurers remain optimistic about their future prospects?