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How brokers can help small business clients replace escrow agreements

May 31, 2022 by Jason Contant

M&A insurance can help small and medium-sized enterprises (SMEs) avoid the need for an escrow agreement, but many small business owners aren’t aware of this possible solution. Escrow agreements are commonly found in M&A deals in the SME segment (deals

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News CommercialCyberManagementOperationsTechnology

A unified cybersecurity strategy is the key to protecting businesses

May 30, 2022 by The Canadian Press

By Camelia Radu, Associate Professor in Accounting, Universite du Quebec a Montreal (UQAM) and Nadia Smaili, Professor in Accounting (forensic accounting), Universite du Quebec a Montreal (UQAM) – THE CONVERSATION This article was originally published on The Conversation, an independent

Fatigued worker in front of the computer
News HRManagementOperations

Unhappy staff? Here’s how to help re-energize them

May 25, 2022 by Jason Contant

Aiming for work-life alignment and not work-life balance can help re-engage dissatisfied mid-career employees, a Washington Post best-selling author says in a recent blog for Harvard Business Review. “It’s not just about the time they spend at work, but about

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News BrokersHRManagementOperations

NFP’s new executive leadership team in Canada

May 20, 2022 by Jason Contant

NFP Corp. has formed a new executive leadership team (ELT) in Canada. The property and casualty brokerage, which also provides benefits consulting, wealth management and retirement advice, assembled the leadership team as the company continues to grow and expand in

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News HRManagementOperations

How to attract and retain young workers post-pandemic

May 12, 2022 by Jason Contant

As more employees in the Canadian P&C industry retire and the industry continues to face a talent crunch, some are looking to young workers to fill the gap. New research from the University of Massachusetts Amherst shows that the social

A woman looks down at a squiggly arrow.
News BrokersHRInsurersManagement

How to improve worker satisfaction during “The Great Re-Shuffle”

April 29, 2022 by Alyssa DiSabatino

Employee development may be key to increasing worker satisfaction and increasing talent equity, suggests one panellist during the Insurance Institute of Canada’s Pivot with Purpose webinar.   Instead of viewing employees as assets, companies should see them as investments, explains

Empty desk waiting for a new executive.
News Management

Everest makes key promotion and appoints chairman

April 28, 2022 by Canadian Underwriter Staff

Everest Re Group’s reinsurance division, Everest Reinsurance, has promoted Scott Paddington to chief agent and chief underwriting officer of Everest Reinsurance Canada. It also appointed Russ Lewis to chairman of Everest Reinsurance Canada. Both now report to Jill Beggs, head

Illustration of hands reaching upward, each holding a llightbulb
News HRInsurersManagement

An honest assessment of P&C industry’s diversity

April 26, 2022 by Alyssa DiSabatino

With growing calls for diversity and a shortage of fresh talent, the P&C industry has made some progress by adding more diverse talent to its roster, but industry experts say more can be done to make it truly diverse. Representation,

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News BrokersManagementOntarioOperations

Broker independence is alive and well: IBAO president

April 22, 2022 by Jason Contant

Insurance Brokers Association of Ontario (IBAO) president Joseph Carnevale is not concerned about a brokerage’s ownership structure, since he sees it playing no part in whether or not brokers are “trusted advisors” to clients. “Every broker in the country is

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News BrokersEmerging RisksInsurersLiabilityManagementOperations

When can a broker fire a client?

April 13, 2022 by Alyssa DiSabatino

On top of selling insurance, brokers are also tasked with managing client relationships. But what happens when a client doesn’t mesh with their broker?   “Sometimes it just doesn’t work out,” says Jack Mazakian, vice president of Advocis Broker Services. “You’re

Photo of Jodie Kaufman Davis
News HRManagementMGAs

Burns & Wilcox’s new president in Canada

April 12, 2022 by Jason Contant

Editor’s Note: This story has been updated to include information from Burns & Wilcox   Jodie Kaufman Davis has been promoted to expanded leadership roles, including president of Burns & Wilcox Canada. “Jodie is the first-ever president of Burns &

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News AlbertaBrokersCommercialManagementManitobaMergers and AqcuisitionsSaskatchewan

Four Canadian brokerages swept up in latest M&A deals

April 11, 2022 by Jason Contant

Western Canada is the target for the latest rounds of acquisitions from large Canadian P&C brokerages. Intact Financial Corporation subsidiary BrokerLink and Westland Insurance Group announced recent acquisitions in northern and southern Alberta, Saskatchewan, and Manitoba. Westland Insurance Group also