Topic Insurers
B.C. flooding potential persists, despite end of official warnings
December 28, 2022 by Canadian PressVANCOUVER – No weather warnings or watches were posted across British Columbia for the first time in weeks, but Environment Canada says more heavy rain is on the way while flood watches are still up for large parts of Vancouver Island…
2023 Executive Outlook | Bernard McNulty, Allianz
December 28, 2022 by Canadian Underwriter StaffEditor’s Note: In the Dec. 28 edition of Canadian Underwriter‘s E-newsletter, the outdated 2022 Executive Outlook piece written by Bernard McNulty appeared in error. This version is the correct, 2023 Executive Outlook piece by Bernard McNulty. CU apologizes for making…
2023 Executive Outlook | Adam Mitchell, Mitch Insurance
December 28, 2022 by Canadian Underwriter StaffAdam Mitchell, CEO, Mitch Insurance For many years, we’ve all heard – and have probably said at some point to our teams, partners or peers – that the future is coming. It now feels like the future is here. Massive…
2023 Executive Outlook | Saad Mered, Zurich Canada
December 28, 2022 by Canadian Underwriter StaffSaad Mered, CEO, Zurich Canada As we look to 2023, a few major issues – climate change, cybercrime and inflation – give rise to challenges and opportunities. Climate change is a business risk and societal risk. All businesses and their…
2023 Executive Outlook | Rob Marsh, Liberty Mutual Canada
December 22, 2022 by Canadian Underwriter StaffRob Marsh, president, Liberty Mutual Canada In the year ahead, many of the challenges we faced in 2022 will undoubtedly continue — an unpredictable geopolitical environment, inflation, supply chain disruption and other macroeconomic factors, severe and unique weather events, and…
2023 Executive Outlook | Jamie Lyons, Westland
December 22, 2022 by Canadian Underwriter StaffJamie Lyons, president, incoming CEO, Westland Insurance Group Adapting and responding to unsettled economic, market and social conditions will be the most important issue facing the P&C industry next year. On the demand side, while there is a heightened appreciation…
2023 Executive Outlook | Barry F. Lorenzetti, BFL Canada
December 22, 2022 by Canadian Underwriter StaffBarry F. Lorenzetti, founder, CEO, BFL Canada Watch for several trends to happen in 2023, including an increase in broker value, how P&C insurers adjust their strategies following the COVID-19 pandemic, and how the industry promotes community resilience during uncertain…
2023 Executive Outlook | Marc Lipman, Lloyd’s Canada
December 21, 2022 by Canadian Underwriter StaffMarc Lipman, president, Lloyd’s Canada In the Canadian market, which is deeply interwoven into the global economy, the biggest question facing the insurance industry in 2023 is not necessarily inflationary pressure or market capacity — it’s how the industry can…
2023 Executive Outlook | Stéphane Lespérance, Aon Canada
December 21, 2022 by Canadian Underwriter StaffStéphane Lespérance, president, Aon Canada Given today’s challenging and shifting market, it’s critical for brokers and their clients to be strategic about how they buy insurance and how they are trading with their carrier partners. Commercial markets are showing some…
2023 Executive Outlook | Valérie Lavoie, Desjardins
December 21, 2022 by Canadian Underwriter StaffValérie Lavoie, president, COO, Desjardins General Insurance Group Streamlining interactions with clients and effectively managing talent in our organization are both essential to ensure our clients’ experience with us remains positive and meaningful — those are our top priorities in…
2023 Executive Outlook | Aly Kanji, Insureline
December 20, 2022 by Canadian Underwriter StaffAly Kanji, president, CEO, Insureline Canada’s P&C insurance industry is facing a multitude of issues requiring hard decisions and innovative solutions. Climate change and specifically the lack of earthquake capacity must be addressed head-on. Alongside climate change, consolidation and the…
2023 Executive Outlook | Carol Jardine, Wawanesa
December 20, 2022 by Canadian Underwriter StaffCarol Jardine, president, Canadian P&C operations, Wawanesa Mutual Insurance Company Times are tough, and that’s when the insurance industry must show its strength and resilience. For our customers, the price of everything is going up as governments’ financial tools to…