Topic Operations
How insurtech Lemonade’s IPO is going so far
July 3, 2020 by Greg MeckbachDespite the pandemic-induced economic downturn, an insurtech that promises tenants quotes within minutes started trading this week on the New York Stock Exchange. Shares of Lemonade Inc. rose sharply July 2, closing at US$69.41, more than double the price at…
COVID-19 sparks debate about U.S. adjuster use in Calgary
July 3, 2020 by David GambrillCOVID-19 appears to be kindling proud sentiments about employing Canadian adjusters, after social media posts triggered an age-old debate about using U.S. adjusters to handle catastrophe claims in Canada. Twitter was abuzz with comments after Global News posted a piece…
Brokers who did these things fared better in the pandemic
July 3, 2020 by Adam MalikBrokers who were nimble, ready to change with the times, and acted pro-actively when COVID-19 first emerged as a threat are the ones faring the best three months later, one broker leader says. Those who didn’t are struggling. “Those brokers…
Paper cheques are still around, but for how much longer?
June 29, 2020 by Adam MalikSending paper cheques may soon be a thing of the past — and it could be thanks to COVID-19. The global novel coronavirus pandemic that shut down many businesses and forced much of the workforce to operate out of their…
Here’s how P&C pros say the recession will impact insurance
June 26, 2020 by Adam MalikThe recession will be long and painful so brokers and insurers need to settle in and do what they do best, property and casualty experts said. And don’t be surprised if some mergers and acquisitions activity push forward as tough…
How the industry can take advantage of artificial intelligence
June 18, 2020 by Greg MeckbachBrokerages who use artificial intelligence could find opportunities to upsell based on changes in a client’s lifestyle, according to a software vendor executive. The more data you feed a machine learning model and the more you train it, the better…
Opinion: What’s the future of remote work for brokers post-pandemic?
June 17, 2020 by Nick Novinger, Regional Manager (Quebec), Canadian Insurance Brokers Inc.One question top of mind for brokers and their clients is: Will this remote work environment be something that we’ll see for the long term? Maybe not entirely, but there are parts we can take to make the broker world…
Operating efficiently during COVID-19
May 9, 2020 by Steve Whitelaw, Vice President of Industry and Partner Relations, Applied SystemsHow to keep relationships, both internal and external, strong in today’s reality
Ripple effects
May 7, 2020 by Jason Contant, Online EditorHow will the deal between Aon and Willis Towers Watson affect brokers in Canada?
COVID-19 operations
May 6, 2020 by David Gambrill, Editor in ChiefHow the brokers’ pandemic response accelerated their conversion to digital, thereby enhancing their value to consumers
The biggest one
May 5, 2020 by David Gambrill, Editor in ChiefHow the industry will survive a global pandemic
Narrowing your focus
May 3, 2020 by Sarah Cunningham-ScharfIn a hard market dominated by large players, small and mid-sized commercial brokerages face an existential choice: Specialize — or risk extinction.