Canadian Underwriter

Topic Education

Security awareness training
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Mandatory security awareness training among changes since arrest of employee: RCMP

October 2, 2023 by Jim Bronskill - THE CANADIAN PRESS

OTTAWA – The RCMP says it has introduced mandatory security awareness training for employees, one of several changes prompted by the 2019 arrest of a senior civilian member for allegedly leaking classified information. The Mounties say they have also made

Diverse group working in an office.
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Why you might need a diversity, equity and inclusion partner

September 28, 2023 by Alyssa Di Sabatino

Need 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

Welder works on gas pipeline
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Humber, IBAO build new talent pipeline for commercial brokers

September 22, 2023 by David Gambrill

Humber 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

News BrokersEducationHRInsurers

What the industry should do to get more P&C recruits

September 22, 2023 by Alyssa DiSabatino

As 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

E-learning graduate certificate program concept. lightbulb on the book with graduation hat, and education icons. Internet education course degree, Idea of learning online class.Webinar Online Courses
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How the industry’s talent war shapes insurance education

September 21, 2023 by David Gambrill

Property 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

Education exchange: Illustration
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Knowledge transfer key as senior leaders retire: Demographic report

June 2, 2023 by David Gambrill

Demographic patterns show an emerging need for knowledge transfer strategies while finding qualified people to fill vacated leadership and management positions due to retirement, according to a survey of industry HR professionals for the Insurance Institute of Canada’s 2022-23 industry

Stressed business accountant
News EducationEmerging RisksInsurersLoss ControlLoss Trends

Do you know what’s a material change in IFRS 17?

May 26, 2023 by Jason Contant

IFRS 17 implementation has made it a lot harder to understand the material impact of an accounting change, a speaker told the Insurance Bureau of Canada’s recent Financial Affairs Symposium. “We all know the disclosures under IFRS 17 are way

Nails being bent by a hammer to illustrate business errors and the need to slow down and think
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What key factors spark E&O claims against brokers?

May 25, 2023 by David Gambrill

Senior broker retirements, a labour shortage that’s spurring firms to bring new, inexperienced employees into brokerages, and a hybrid office may be combining to increase a broker’s errors and omissions (E&O) exposure. “It’s very difficult to track [broker E&O] claims

Insurance adjuster examining a building destroyed by fire
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Can risk management companies close the talent gap?

April 20, 2023 by Jason Contant

A high percentage of today’s pool of risk managers has been working in the industry a long time, and the next largest group are fairly new to the business. Those in the younger group “are excited about what they’ve done

Human resources concept
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Easy ways to attract top talent

March 1, 2023 by Jason Contant

P&C insurance industry employers should appeal more to what prospective job seekers are looking for, rather that simply listing a series of duties in a job posting, an executive at a recruitment firm suggested. “Job advertisements often can read more

Renee-Lea Soucy, senior manager of commercial insurance, The Co-operators
News BrokersEducationHRManagement

How to develop the P&C industry’s future leaders

November 8, 2022 by Jason Contant

It’s important for women in Canada’s insurance industry to hear stories about the paths other women leaders have taken to achieve success, said the winner of a national leadership award from the Insurance Institute of Canada. “We need to give

Jason Storah, CEO of Aviva Canada
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Aviva exec to lead Insurance Institute’s board

October 27, 2022 by Jason Contant

Aviva Canada CEO Jason Storah has been elected chairman of the board of governors of the Insurance Institute of Canada (IIC). Storah, who is based in Toronto, was elected following IIC’s 69th annual general meeting, held on Oct. 25 in