Canadian Underwriter

Topic Management

Business acquisition sealed with a handshake
News BrokersCommercialCommercial AutoHRManagementMergers and AqcuisitionsOntarioOperationsPersonal AutoPersonal Home

Hub’s latest Ontario brokerage acquisition

February 12, 2024 by Jason Contant

Hub International Ltd. has enhanced its personal, commercial and employee benefits services with the acquisition of Ontario brokerage Mitchell Sandham. Located in Oakville, Ont., Mitchell Sandham is one of the oldest and largest independently owned insurance brokerages in the Greater

Group of businesspeople around a table
News AlbertaB.C.BrokersHRManagementMergers and AqcuisitionsOntarioOperations

Brokerage looking to expand outside home province

February 9, 2024 by Jason Contant

British Columbia-based brokerage AMC Insurance Services Ltd. is looking to expand outside its home province, the brokerage’s vice president told Canadian Underwriter recently. “We realized in our core business strategy that if we want to continue to be a provider

Looking at accounting results
News InsurersLoss TrendsManagement

How to reconcile financial results pre- and post-IFRS 17

January 24, 2024 by Jason Contant

Insurance professionals looking to reconcile financial results pre- and post-IFRS 17 implementation need to understand specific accounting policy choices their company has taken because it’s “not going to be apples to apples right across the board,” a Wawanesa executive said.

Remote workplace
News HRManagementOperations

5 steps to negotiate a hybrid work schedule

January 19, 2024 by Jason Contant

Given the uptick in return-to-office mandates since the height of the COVID-19 pandemic, it’s important for you to advocate for yourself as an employee who wants hybrid work, but also understand the needs of your employer if you face resistance,

Businessman packing a box with desk items
News BrokersHRManagementMergers and AqcuisitionsOperations

Why this national consolidator made layoffs

January 19, 2024 by Alyssa DiSabatino

Westland Insurance issued an internal email dated Jan. 15, announcing the layoff of about 30 employees, citing the inability to meet its 2023 financial targets, as well as salaries and expenses that exceeded plan. “Today, I’m sharing some very difficult

Young job candidate waiting for an interview
News BrokersEducationHRManagementOperations

What younger job candidates want from P&C insurance jobs

January 18, 2024 by Steve Whitelaw, Applied Systems Canada

Canada’s P&C insurance industry needs to adapt in three key areas to better recruit and retain prospects among Millennials and Gen Z. First, it should teach recruits tech skills specific to the P&C industry. Second, it should use digital technology

Blurred office interior
News BrokersCommercialManagementOntarioOperations

Why Mitch Insurance opened its first Ontario branch — and what’s next

January 16, 2024 by Alyssa DiSabatino

Mitch Insurance has opened a new branch in Kingston, Ontario, with a tri-fold objective to grow its footprint organically, establish a commercial focus in the province and provide entrepreneurial brokers the chance to manage a book of business. The Kingston

M&A concept
News AlbertaB.C.BrokersCommercialHRManagementMergers and AqcuisitionsMGAsNova ScotiaOperationsPersonal AutoPersonal Home

Two brokerages, one MGU involved in recent deals

January 15, 2024 by Jason Contant

Editor’s Note: This story has been corrected to clarify that Keyes Insurance was not acquired by the Canadian Broker Network but rather joined its membership. Keyes Insurance remains a fully independent brokerage solely owned by Shaun Keyes. Canadian Underwriter apologizes

In an illustration, a woman on the left is in business clothes working at an office desktop. On the right, she is in a hoodie working from a laptop in a home office.
News BrokersHRInsurersManagementOperations

Return-to-office and flexibility: can they coexist?

January 11, 2024 by Alyssa DiSabatino

P&C leaders may be able to bring staff back into the office without sacrificing the flexibility their employees want.  In fact, the key to getting ‘return to office’ right is an organization’s ability to draw workers back to their desks,

News BrokersHRManagementOperationsPersonal AutoPersonal Home

WTW names head of personal lines for Canada, U.S.

January 10, 2024 by Jason Contant

Large brokerage WTW has appointed Despina Buganski as head of personal lines for its Corporate Risk & Broking division for North America (CRB NA). Effective immediately, both WTW’s Canadian and U.S. personal lines teams will report directly to Buganski, the

Two employees have a discussion on career possibilities
News CommercialEmerging RisksInsurersLegalLiabilityManagementOperations

The down low on D&O risk in 2024

December 18, 2023 by Alyssa DiSabatino

Clients will benefit from competitive market pricing for directors and officers (D&O) insurance in 2024, but can expect underwriting discipline to return, says Allianz Commercial’s D&O insurance report.  Of particular concern is inadequate responses by company directors and officers to

Anne Fortin appointed president of Intact Insurance.
News AlbertaB.C.HRInsurersManagementManitobaNew BrunswickNewfoundland & LabradorNova ScotiaOntarioQuebec

Intact Insurance names president

December 15, 2023 by Jason Contant

Intact Financial Corporation (IFC) has appointed Anne Fortin as president of Intact Insurance, effective Jan. 1, 2024.  In her new role, Fortin will have responsibility for the Quebec, West, Ontario and Atlantic divisions of Intact Insurance, the insurer said in