Canadian Underwriter

Topic Operations

News BrokersCommercialOperationsTechnology

What’s next in IBAC’s data exchange API pipeline

March 22, 2021 by Greg Meckbach

At least one insurer plans to offer an application programming interface (API) intended to help brokers quote and bind coverage for small businesses without the aggravation of having to log into different insurer portals or send emails or faxes. Unica

News InsurersOperations

COVID’s impact on the Canadian P&C industry’s capital base

March 22, 2021 by David Gambrill

COVID-19 may have affected the earnings of individual P&C insurers unevenly, but the industry’s overall capital base reached the unparalleled height of $52.6 billion during the first three quarters of 2020, according to the Property and Casualty Insurance Compensation Corporation

News CommercialEducationEmerging RisksHRLegalLiabilityManagementOperationsRisk Managers

How vaccine rollout impacts commercial risk management

March 22, 2021 by Greg Meckbach

If your commercial clients are bringing more workers back into the office, risk managers might be curious as to whether returning workers have received any of their COVID-19 vaccine shots. But before your clients ask their employees about their vaccine

News InsurersLoss TrendsOperationsPersonal AutoTechnology

How COVID has influenced usage-based auto insurance adoption

March 19, 2021 by Greg Meckbach

Motorists who are driving fewer kilometres than they were before the pandemic are more likely to select usage-based auto insurance, Intact Financial Corp. observes. “COVID has pushed consumers to recognize that maybe UBI would be a tool that will immediately

News InsurersMergers and AqcuisitionsOperations

M&A report: Where Intact-RSA sits among Canada’s largest Q4 deals

March 17, 2021 by David Gambrill

Intact and Danish insurer Tryg’s $10.4-billion play for RSA Insurance Group plc topped the list of Canada’s largest deals announced in 2020 Q4, according to a recent report by corporate law firm Miller Thomson. The report defines the largest M&A

News InsurersLegalManagementOperations

Economical sets date for final policyholder vote on demutualization

March 17, 2021 by Greg Meckbach

A key step in Economical Insurance’s demutualization process, the third and final policyholder vote, is scheduled May 20, the Waterloo, Ont.-based insurer announced this week. If a client had a policy – either mutual or non-mutual – with Economical in

News EducationHROperationsTrending

Why you need to define your personal brand early in your career

March 16, 2021 by Jason Contant

Defining your personal brand early in your insurance career path can pay dividends in the long-run, viewers attending an Insurance Institute of Canada webinar heard recently. Three-quarters of lifetime earnings are defined within the first 10 years of a person’s

News B.C.InsurersManagementOntarioOperationsTechnology

This mutual aspires to break into Top 10 by the 2030s

March 12, 2021 by Greg Meckbach

If multiple Juno-winner Tom Cochrane were to analyze your industry, he might say, “My Gore’s going to play in the big leagues.” Gore Mutual Insurance Company, based in Cambridge, Ont., has big ambitions. Although the mutual currently commands less than

News EducationHROperations

How to actually improve diversity on your board

March 11, 2021 by Jason Contant

Data show that most directors are interested in diversity — at least in theory — on their boards, but that doesn’t always translate into real change. A new blog written by the leader and a principal of PwC’s Governance Insights

News EducationHRManagementOperations

The 2 ‘power skills’ needed for the new world of work

March 10, 2021 by Jason Contant

Learning and development (L&D) leaders across Canada have cited resilience and digital fluency as the two most important “power skills” for the new world of work in 2021, one year after the COVID-19 was declared a global pandemic. “There are

News BrokersHRManagementOperations

What it’s like being hired in a pandemic

March 10, 2021 by Adam Malik

The process of getting hired might be shorter in terms of start to finish these days during a pandemic when everything is virtual, but much more is happening along the way, according to a brokerage leader who recently went through

News BrokersClaimsCommercialEmerging RisksInsurersOperationsPersonal AutoPersonal Home

What insurers aren’t passing on to their clients

March 9, 2021 by Adam Malik

Canadian consumers are still foggy about the purpose and content of their home, auto and business insurance, and the onus is on the industry to help them understand, a pair of industry executives said during a recent webinar. Discussions with