Topic Operations
Why brokers’ virtual meetings will survive the pandemic
July 8, 2021 by Adam MalikVirtual meetings during the pandemic have allowed brokers to conduct more structured client meetings with a sharper focus, according to an expert from Aon. Sixteeen months ago, at the onset of the global pandemic, video meetings produced some confusion because…
Niagara top doctor says reopening border with U.S. this summer is too risky
July 8, 2021 by Holly McKenzie-Sutter, The Canadian PressThe top public health official in Ontario’s Niagara Region says he wants the U.S.-Canada border to stay closed until the fall even as local business leaders and politicians call for the opposite to support the area’s tourism-reliant economy. Dr. Mustafa…
How this brokerage pivoted to forge community ties online
July 6, 2021 by Adam MalikWhen a global pandemic shut down in-person events, one brokerage created a new communications strategy to reach people where much of the world shifted — online. For Antigonish, N.S.-based brokerage AA Munro Insurance, it was important to tell their clients,…
How the world’s brokers rank by revenue
July 5, 2021 by Greg MeckbachMarsh was still the world’s biggest brokerage in 2020, even after more than 700 merger deals got done last year, A.M. Best Company Inc. reports in Top Global Insurance Brokers – 2021 Edition, released July 1. Quoting from Optis, A.M.…
Your work is about to change. Why working from home won’t be the same
July 5, 2021 by Adam MalikWorking from home more often means a change to the way property and casualty insurance industry professionals do their jobs, as well as the expectations between employee and employer, according to an expert from Aon. “Part of your job duties,…
BrokerLink’s take on the surging demand for brokerage M&A
June 30, 2021 by Jason ContantEDITOR’S NOTE: This article has been corrected to show that BrokerLink has over $2 billion of written premiums. A previous version of this article icorrectly stated the Intact subsidiary had more than $2.5 billion in premium overall, about $700 of…
U.K. underwriting group buys Toronto-based insurer
June 30, 2021 by Jason ContantAccelerant Holdings has entered into the Canadian market with a share purchase agreement that includes the parent company of Toronto-based Omega General Insurance Company. Accelerant is a London, U.K.-headquartered underwriting group that works exclusively with MGAs and program administrators in…
How much more you say you’re working from home
June 29, 2021 by Adam MalikThree in five Canadian property and casualty insurance professionals report working more hours from home than when they were working in the office, according to a recent Canadian Underwriter poll. However, a number of readers wrote in open-ended responses that…
Tips for re-onboarding employees who started remotely
June 28, 2021 by Jason ContantIt’ll be a difficult enough adjustment for Canadian P&C professionals who were working remotely to head back to the office. But it’ll be particularly challenging for those who were hired and onboarded remotely, according to a Harvard Business Review blog…
Big tax win for brokerage succession plans
June 28, 2021 by David GambrillCanadian property and casualty insurance brokers are applauding the passage of Bill C-208, which they say will ease the tax burden for brokerage principals who wish to sell their business to family members. “The changes proposed in Bill C-208 would…
How a return to work changed the approach of this Top 5 insurer
June 25, 2021 by Jason ContantAviva Canada is taking a deliberate and measured approach to change initiatives in the second half of the year, with the understanding the next few months and the looming return to the office will be a stressful time for employees.…
BFL president reacts to regulator’s effort to prevent Aon-Willis merger
June 23, 2021 by Greg MeckbachIn trying to block Aon plc’s proposed acquisition of Willis Towers Watson plc, the United States competition regulator is off the mark in how it describes the world’s three-biggest property and casualty commercial insurance brokerages, suggests a senior executive with…