Topic Brokers
Why you might need a diversity, equity and inclusion partner
September 28, 2023 by Alyssa Di SabatinoNeed some help with your brokerage’s efforts to develop a more diverse, equitable and inclusive workplace? Consider partnering with another organization to create recruiting or other interim partnerships, suggested Craig Pinnock, chief financial officer of Northbridge Financial Corporation. “These are the…
MPI employees’ strike: Where it stands
September 28, 2023 by Jason ContantManitoba Public Insurance (MPI) and the Manitoba Government and General Employees’ Union (MGEU) remain at an impasse following a five-week-long labour strike and four days of conciliator-led discussions. MPI presented what it said was its “significantly enhanced” final offer to…
AI won’t take your insurance job. Here’s what it’ll do instead
September 28, 2023 by Alyssa DiSabatinoArtificial intelligence (AI) will undoubtedly change the property and casualty insurance industry, but not in the ways you might assume. No, it’s not going to take your job. But it will make it easier, Sinead Bovell, futurist and founder of…
How Canada’s brokers can move the needle on DEI
September 26, 2023 by Alyssa Di SabatinoDon’t have the resources to embark on large-scale diversity, equity and inclusion (DEI) programs? You can still get started by simply committing your brokerage to change. “If you’re a small brokerage, maybe you don’t have the resources, I think the…
Brokers: Is your client’s dog “friendly?”
September 25, 2023 by David GambrillWhen two dog owners pass each other while walking their dogs, it is common to hear one ask of the other’s dog, “Friendly?” Perhaps that’s what personal lines home insurance brokers should be asking their dog-owning clients, since lawsuits against…
Humber, IBAO build new talent pipeline for commercial brokers
September 22, 2023 by David GambrillHumber College and Insurance Brokers Association of Ontario (IBAO) have teamed up to launch a new program to attract and train prospective commercial insurance brokers. Scheduled to start Oct. 1, Humber’s new Commercial Account Manager (CAM) program was established to…
What the industry should do to get more P&C recruits
September 22, 2023 by Alyssa DiSabatinoAs the P&C workforce ages out of the industry and recruits leave for prospects in other sectors, the industry must better highlight the benefits that come with an insurance career. What exactly are those benefits? Compensation, professional development through financial…
How the industry’s talent war shapes insurance education
September 21, 2023 by David GambrillProperty and casualty insurance education is adapting to meet the needs of the industry’s desire for ‘plug-and-play’ talent that can hit the ground running, one panelist told a Live with CU presentation last week. More specifically, educational bodies are entering…
How brokers can keep clients’ data secure when working remotely
September 21, 2023 by Alyssa DiSabatinoBrokers may be at risk of unintentionally exposing client data or other proprietary information when they’re not working from the office. But with much of the industry doing hybrid or remote work — and showing reluctance to return to the…
What’s driving challenges in commercial property?
September 19, 2023 by Jason ContantChallenges in the Canadian commercial property insurance market continue to be a focal point throughout 2023, primarily driven by NatCat concerns and reinsurance costs, Aon said in its Fall 2023 Insurance Market Update Canada report. “The property market continues to…
Forever chemicals: Is PFAS litigation coming to Canada?
September 19, 2023 by Alyssa DiSabatinoPer- and polyfluoroalkyl substances (PFAS) are the subject of a rising number of lawsuits in the U.S., and the industry can expect litigation to seep into Canada, says a risk professional. Also known as ‘forever chemicals,’ PFAS are a…
Court draws distinction between a brokerage and a consultant
September 19, 2023 by David GambrillCiting the lack of a non-compete agreement, as well as the difference between insurance consulting services and those of a traditional insurance brokerage, the Ontario Superior Court declined to order an injunction that would stop two First Nations land claims…