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Why smaller brokerages have an edge in the talent war

February 27, 2023 by Jason Contant

Smaller brokerages have a competitive advantage in some instances when it comes to retaining talent as they potentially have more flexibility than their larger counterparts, a recruitment firm executive told Canadian Underwriter. Smaller brokerages can sometimes offer employees greater access

Swiss Re Canada president and CEO Jolee Crosby
News InsurersManagement

Swiss Re’s new Canadian president and CEO

February 21, 2023 by Alyssa DiSabatino

Jolee Crosby has been appointed president and CEO of Swiss Re Canada & English Caribbean and will succeed Monica Ningen, who has been named CEO of U.S. P&C Reinsurance at Swiss Re. Both roles are effective July 1.   Crosby

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News Emerging RisksManagementRisk ManagersTrending

The overlooked risk for which your business clients need to plan

February 15, 2023 by David Gambrill

In the aftermath of the pandemic, all sights are set on cybersecurity, talent acquisition and economic recession as top business risks, but companies should also focus on preparing for physical threats, says Mark Herrington of the risk intelligence firm OnSolve.

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News CommercialEmerging RisksEnvironmentalInsurersManagementRisk ManagersTrending

Has Russia-Ukraine hindered insurers’ ESG plans?

February 13, 2023 by Alyssa DiSabatino

Insurers with ESG plans are still sticking to their guns to stop backing fossil fuels and thermal coal, even as geopolitical events like Russia’s Ukraine invasion put strain on the international energy sector, an industry expert told delegates at CatIQ

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News HRManagement

3 questions to ask before leaving your P&C job

February 10, 2023 by Jason Contant

As the war for talent rages on, Canadian P&C industry professionals would be well-advised to consider what actually makes them happy before leaving a dissatisfying job. A recent Harvard Business Review blog, while addressing a general audience, easily adapts to

Offering a prospective employee the job
News B.C.HRInsurersManagementOntarioOperations

What prospective talent looks for when choosing a P&C employer

February 3, 2023 by Jason Contant

Flexible work arrangements remain a top consideration for aspiring Canadian P&C insurance professionals, according to a new poll from a Vancouver-based multi-disciplinary recruitment firm. The poll from Impact Recruitment found that, aside from monetary compensation, one in four professionals consider

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News AlbertaB.C.BrokersHRInsurersManagementManitobaNew BrunswickNewfoundland & LabradorNova ScotiaOntarioOperationsP.E.I.QuebecSaskatchewan

Wawanesa appoints two industry veterans to new leadership roles

January 26, 2023 by Jason Contant

Wawanesa Mutual Insurance Company has changed the leadership structure of its Canadian operations with the appointment of industry professionals Anna McCrindell and Graham Haigh to senior vice president and chief operating officer roles. As SVP & COO – East, McCrindell

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Can a new college program draw talent to commercial brokerages?

January 18, 2023 by Alyssa DiSabatino

The specialized nature of commercial brokering is causing a talent shortage now that veterans are retiring in droves. “I literally get three or four different companies a week that ask for talent, and it’s amplified across the industry,” said John

Sealing the M&A deal with a handshake
News AlbertaB.C.BrokersCommercialManagementMergers and Aqcuisitions

Industry veteran joins Westland following acquisition

January 13, 2023 by Jason Contant

Industry veteran Doug Morrow has joined Westland Insurance as its new vice president of commercial insurance for Alberta, the brokerage announced earlier this week. Most recently president and CEO of Excel Insurance Group, Morrow joined Westland as vice president, commercial

Tom Simoncic
News CommercialInsurersManagementProperty

Sedgwick appoints new president, property and international business

January 4, 2023 by Alyssa DiSabatino

Tom Simoncic has been appointed as president of Sedgwick’s property and international business. Simoncic joined Sedgwick through acquisition. He is currently president of property for the Americas for the last seven years and is responsible for servicing clients in Canada

Young, overworked worker unhappy about being passed up for promotion
News HRManagement

How to motivate a top performer if you can’t promote them

January 4, 2023 by Jason Contant

Every brokerage has one or more top performers, but what can you do if you can’t promote them? Try developing interim strategies to help these employees get their underlying needs met, advises a new blog from Harvard Business Review. When

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News BrokersBusiness InterruptionCommercialCommercial AutoConstructionCyberInsurersLiabilityManagementMGAsProperty

The real reasons behind Canada’s softer D&O market

December 9, 2022 by Philip Porado

“Expanded insurer appetite and competition in the primary space,” as well as new capacity in excess layers, helps explain a softening of Directors and Officers (D&O) insurance pricing and limits expansions in Canada, says a recent quarterly market insights report