Topic Brokers
2024 Executive Outlook | Dave Partington, Gallagher Global Brokerage – Canada
December 27, 2023 by Canadian Underwriter StaffDave Partington, CEO, Gallagher Global Brokerage – Canada Canada’s property and casualty insurance industry will start to see the return on investments in artificial intelligence in 2024. Many organizations have invested heavily to develop AI solutions that deliver benefits to…
2024 Executive Outlook |Kenny Nicholls, Western Financial Group
December 26, 2023 by Canadian Underwriter StaffKenny Nicholls, president, CEO, Western Financial Group If there’s ever been a time for all industry players to come together and focus on the consumer, it is now. Much of the insurance industry’s focus over the past few years has been on…
2024 Executive Outlook |Adam Mitchell, Mitch Insurance
December 26, 2023 by Canadian Underwriter StaffAdam Mitchell, CEO, Mitch Insurance Now, more than ever, size matters. The distribution landscape is evolving quickly; for smaller brokerages, the fear out there is very real. Those operating in this space know the road ahead will be fraught with challenges, and…
2024 Executive Outlook |Bernard McNulty, Allianz Commercial
December 26, 2023 by Canadian Underwriter StaffBernard McNulty, Chief Agent, Canada, Allianz Commercial Many challenges our industry faced in 2023 will continue to be headwinds in 2024. These include climate change/natural catastrophes, cybercrime and inflation. The industry’s talent shortage will also continue to be a challenge in 2024.…
2024 Executive Outlook | Stéphane Lespérance, Aon Canada
December 22, 2023 by Canadian Underwriter StaffStéphane Lespérance, president, Aon Canada Since this time last year, market conditions have stabilized and we continue to see a disciplined underwriting approach, with insurers requesting a high level of underwriting data. The property market has shown the most transition due to…
2024 Executive Outlook | Ben Isotta-Riches, Aviva Canada
December 21, 2023 by Canadian Underwriter StaffBen Isotta-Riches, chief distribution officer, Aviva Canada I am cautiously optimistic about 2024. Across the country, the cost-of-living crisis, inflation and climate change continue to affect Canadians and businesses. In Ontario and Quebec, vehicle theft is adding to loss ratios in personal…
2024 Executive Outlook | Christian Hutchison, McDougall Insurance Brokers
December 21, 2023 by Canadian Underwriter StaffChristian Hutchison, president, McDougall Insurance Brokers Brokers will need to focus their attention in 2024 on managing client expectations and enhanced communication, while also responding to fast-moving market and capacity changes. Brokerage mergers and acquisitions will continue at a rapid…
2024 Executive Outlook | Lisa Giannone, BFL Canada
December 20, 2023 by Canadian Underwriter StaffLisa Giannone, president, COO, BFL Canada If we thought 2023 was a year of uncertainty faced with challenges — including transitioning market cycles, inflationary effects on the supply chain, geopolitical risks, climate change-fuelled losses and increased cybersecurity threats — we…
2024 Executive Outlook | Christian Fournier, Beneva
December 20, 2023 by Canadian Underwriter StaffChristian Fournier, executive vice president and leader – property and casualty insurance, Beneva With inflation continuing to affect every citizen and organization, one could say 2024 will be the same as 2023. Consumers will be living on a tight personal…
2024 Executive Outlook | Shawn DeSantis, Navacord
December 20, 2023 by Canadian Underwriter StaffShawn DeSantis, president, CEO, Navacord It is clear 2024 will bring a new set of challenges, with several themes influencing the Canadian P&C insurance industry. The economic environment is evolving. Preparing our businesses and successfully managing through the implications of higher interest…
Aon to acquire NFP in major brokerage merger
December 20, 2023 by Philip PoradoAon expanded its worldwide property and casualty insurance market presence by today acquiring NFP — a leading middle market P&C broker, benefits consultant, wealth manager and retirement plan advisor. Aon will acquire NFP for an estimated $13.4 billion at closing.…
2024 Executive Outlook | Joe D’Annunzio, BrokerLink
December 19, 2023 by Canadian Underwriter StaffJoe D’Annunzio, president, BrokerLink Canada’s property and casualty insurance industry must be all about the customer in 2024. Many people are struggling to pay their bills due to inflation and they have tough choices to make. Customer service will become…