Topic HR
Fee disclosure: Where national guidance meets provincial regulation
March 29, 2022 by David GambrillIf you are a broker concerned about fair dealing with consumers, must you disclose your premiums that are baked into their premium rates? Or only those fees separate and apart from your commissions? In fine Canadian fashion, the answer depends…
Emerging trends in broker compensation
March 25, 2022 by David GambrillIn the midst of the ‘Great Reshuffle,’ brokerage principals are finding employee-recognition programs a better way to compensate brokers for good performance. Fifty-three per cent of the 119 brokerage managers participating in Canadian Underwriter’s 2022 National Broker Survey touted employee-recognition…
Hybrid workplaces: 5 emerging trends
March 18, 2022 by David GambrillCOVID-19 has changed workers’ expectations, although it’s not clear yet whether company executives see this new emphasis on personal well-being and remote flexibility as “a temporary pendulum swing, or the beginning of our new normal,” writes Jared Spataro, corporate vice…
Five factors driving M&A activity in 2022
March 15, 2022 by Philip PoradoCalendar 2021 marked the first full year of positive mergers and acquisitions (M&A) performance for the world’s deal makers since 2016, said research compiled for WTW’s Quarterly Deal Performance Monitor. The research, conducted in partnership with the M&A Research Center…
Voices of P&C women
March 7, 2022 by David GambrillHappy International Women’s Day, 2022. To commemorate the occasion, Canadian Underwriter has reached out to 20 women leaders in the P&C industry. We talked to them about how they got into the industry and what obstacles women may face while trying to…
What BrokerLink looks for in an M&A deal
March 7, 2022 by Jason ContantBrokerLink looks at best practices when making an acquisition, recognizing that each deal is unique and doesn’t follow a boiler template, says the brokerage’s president, Joe D’Annunzio. “One of the things for us is we look at best practices,” D’Annunzio…
Zurich Resilience Solutions in Canada adds new executive talent
March 2, 2022 by David GambrillZurich Canada is growing Zurich Resilience Solutions (ZRS) in Canada, adding Scott Thomas to the team as the head of ZRS for Canada and Chris Snider as head of sales and distribution. “This investment in ZRS Canada talent is an exciting step on our journey…
Is the war for talent industry-wide?
February 25, 2022 by Jason ContantFinding talent for the risk management sector is a little easier than it is for brokerages, a RIMS board director says. “There’s a lot of people who go into risk management who want to stay in risk management, so the…
Insurtech BOXX Canada names former Beazley chairman as president
February 24, 2022 by David GambrillFormer Beazley Canada board chairman Phil Baker is now president of global cyber insurtech BOXX Canada. Baker also will be responsible for delivering BOXX’s insurance strategy globally as its global head of insurance. The Toronto-based and privately-held company helps businesses,…
Brokers bemoan lack of seasoned underwriters
February 22, 2022 by Gloria CilliersA major shortage of seasoned commercial underwriting staff is impacting broker relationships and productivity, some brokerages have reported. For an industry already struggling with a country-wide talent crunch exacerbated by the pandemic, renewed M&A activity and a hard market, brokers…
Reinsurance broker opens Montreal office
February 17, 2022 by Canadian Underwriter StaffGlobal reinsurance broker Gallagher Re has set up a Montreal branch led by new executive vice president Isabelle LaPalme. She will lead Gallagher Re’s expansion into Quebec and the French-speaking insurance community. LaPalme will work closely with colleagues in Toronto…
Green buildings can boost productivity, well-being and health of workers
February 3, 2022 by The Canadian PressMd Sazan Rahman, PhD Candidate, Bioresource Engineering, McGill University This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. ___ Most…