Canadian Underwriter


Solar panel and wind turbine farm clean energy.
News Insurance

Ignoring ESG means ‘significant’ D&O risk to insurers and business: AGCS

October 19, 2021 Canadian Underwriter Staff

Businesses and insurers ignore environmental, social and governance (ESG) issues at their peril, an Allianz Global Corporate & Specialty (AGCS) report released this month suggests. “If an ESG issue is not handled or disclosed appropriately by the company or board,

News Insurance

Pandemic communication between brokers and insurers needed improvement, brokerage executive says

October 19, 2021 by Jason Contant

Communication between brokers and insurers could have been better during the pandemic, a Hub International executive said during Insurance Bureau of Canada’s 2021 Commercial Insurance Symposium. “We did have some good communication, but I think there was a little bit

News Insurance

B.C. seeks forfeiture of $2.8M condo owned by alleged COVID-19 violator

October 19, 2021 The Canadian Press

VICTORIA – A civil action has been filed in British Columbia Supreme Court that could see the owner of a condo in Vancouver stripped of his property after allegedly violating COVID-19 restrictions. The director of civil forfeiture filed the claim

insPRESS Insurance

William Pay joins EFI Global as senior structural engineer in Atlantic Canada

October 19, 2021 EFI Global

TORONTO, ON, OCTOBER 19, 2021/insPRESS/ – EFI Global, a leading full-service international consulting firm specializing in forensic engineering, environmental, fire investigation and specialty consulting services, welcomed William (Bill) Pay, P.Eng., to the role of senior structural engineer in Canada. Pay

insPRESS Insurance

APOLLO welcomes Michael Ekkers as the new Marketing Director for its Wholesale Division

October 19, 2021 APOLLO Insurance

VANCOUVER, BC, OCTOBER 19, 2021/insPRESS/ – APOLLO Insurance, Canada’s leading online insurance provider is pleased to announce that Michael Ekker has joined the APOLLO team as Director of Marketing for its wholesale division. Ekkers brings over 15 years in the

insPRESS Insurance

Shaun DeLorey joins DKI Canada as new Director of Operations

October 19, 2021 DKI Canada

TORONTO, ON, OCTOBER 19, 2021/insPRESS/ – DKI Canada is pleased to welcome Shaun DeLorey to DKI Head Office as the new Director of Operations. Based out of Kitchener, ON, Shaun joins the Operations Team beginning on Tuesday, October 19. Shaun

insPRESS Insurance

Save the Date for the 2022 National Insurance Conference of Canada

October 19, 2021 National Insurance Conference of Canada

TORONTO, ON, OCTOBER 19, 2021/insPRESS/ – MSA Research is pleased to announce the annual National Insurance Conference of Canada (NICC) will be held September 18th to 20th, 2022 at the Halifax Convention Centre, and welcomes industry leaders to save this event

robot hand touching human hand
News Insurance

Digital service expansion a delicate balancing act

October 19, 2021 Jeff Buckstein

Successful brokers must balance surging demand for online digital services with a clear recognition that clients want to maintain a strong human connection. “If you force all your clients to go to in-person and on-phone service, you are cutting out

News Insurance

Is it time for a public-private partnership for cyber risk?

October 18, 2021 by Jason Contant

There will be a point at which a cyber tail event will be too expensive for the insurance industry, as a whole, to cover, a speaker said Thursday during the CatIQ Connect virtual conference. “That’s where we are already starting

News Insurance

How much are reinsurers underestimating climate change risk?

October 18, 2021 by Jason Contant

Global reinsurers could be underestimating climate change exposure by up to 50%, according to a recent analysis by S&P Global Ratings.  “Our scenario analysis suggests that reinsurers’ estimates of their exposure to natural catastrophe risk — and therefore physical climate

News Insurance

Businesses see higher inflation, wages and job changes, Bank of Canada reports

October 18, 2021 Jordan Press - THE CANADIAN PRESS

OTTAWA – Consumers and businesses expect increases in the cost of living to stay hot over the next year, the Bank of Canada says as part of surveys results that also show people more willing to search for new jobs,

News Insurance

Wildfire that destroyed Lytton, BC was not train-related, safety board finds

October 15, 2021 by Jason Contant

There is no evidence that railway operations contributed to the wildfire that destroyed the town of Lytton, British Columbia this summer, an investigation from the Transportation Safety Board of Canada (TSB) has found. “The TSB has not identified any link