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Canadian cyber MGA looking for carrier partners for international expansion

October 5, 2021 by Greg Meckbach

Canadian managing general agent BOXX Insurance Inc. is about to set up an office in Miami and is looking for carriers to underwrite its cyber coverages outside of Canada. Toronto-based BOXX announced last week it is expanding to the United

News Insurance

7 in 10 Canadian organizations facing ransomware attacks paid demands: survey

October 5, 2021 Salmaan Farooqui - THE CANADIAN PRESS

Cybersecurity experts say a new poll that suggests nearly 70 per cent of Canadian organizations facing a ransomware attack last year paid the demands is evidence that such payments should be made illegal. Of the businesses surveyed, 17 per cent

insPRESS Insurance

30 Forensic Engineering is Pleased to Announce the Promotion of Olivia Yalnizyan M.A.Sc., B.A.Sc. to Intermediate Associate within the Materials & Product Failure Group

October 5, 2021 -30- Forensic Engineering

TORONTO, ON, OCTOBER 5, 2021 /insPRESS/ – 30 Forensic Engineering, Canada’s leading multidisciplinary forensic firm, is pleased to announce the promotion of Olivia Yalnizyan M.A.Sc., B.A.Sc. as Intermediate Associate, within the Materials & Product Failure / Piping & HVAC group.

News Insurance

Trusted Advisor survey calls for more proactive broker contact

October 5, 2021 Jeff Buckstein

Brokers need to be more proactive in reaching out to their business and consumer clients, according to the Canadian Underwriter Trusted Advisor 2021 survey. Only 36% of business respondents — and a considerably smaller proportion of consumers (26%) — said

News Insurance

Will cyber insurance rates double in the next couple years?

October 4, 2021 by Jason Contant

Prices in the cyber re/insurance market could rise sharply between 2021 and 2023, in some cases doubling from current levels, according to a report from S&P Global Ratings. “Depending on the region and [terms and conditions], policyholders could expect rate

News Insurance

Off the rails again: Ottawa’s troublesome trains keep jumping the tracks

October 4, 2021 Laura Osman - THE CANADIAN PRESS

OTTAWA – The gravel strewn across the bike path was the first sign of trouble. Ottawa resident Steven Grant was out for a ride on Sept. 19 when he noticed an LRT train stopped in the middle of the tracks.

insPRESS Insurance

Goose Digital Joins HubSpot’s Solutions Partner Program, Helping Drive Insurance Marketing Growth

October 4, 2021 Goose Digital

TORONTO, ON, OCTOBER 4, 2021/insPRESS/ – Goose Digital, Canada’s leading marketing automation agency is excited to announce that it has joined the Solutions Partner Program at HubSpot, the leading CRM platform for scaling companies. HubSpot’s presence in the insurance industry

News Insurance

What will happen with dress codes in the post-pandemic era?

October 1, 2021 Brooke Smith

Walter Neff from the 1944 film Double Indemnity is the quintessential insurance agent. Office-bound and clad in suit, tie and hat, Neff is symbolic of a bygone era. Times have changed, and so have dress codes. “More companies have started

News Insurance

The good and bad news for commercial insurance

October 1, 2021 by Jason Contant

There’s good and bad news when it comes to commercial lines in the Canadian property and casualty insurance industry. The good news is there’s encouraging signs the commercial market is stabilizing, said Don Forgeron, president and CEO of Insurance Bureau

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Quebec to move ahead with plan to redistribute $39 million to Lac-Megantic victims

October 1, 2021 The Canadian Press

LAC-MEGANTIC, Que. – The Quebec government is moving ahead with plans to redistribute $39 million to those impacted by the 2013 rail disaster in Lac-Megantic, Que., that killed 47 people. About $20 million will go directly to victims recognized during

News Insurance

Paid Working from home? Follow these cybersecurity best practices.

October 1, 2021 The Wawanesa Mutual Insurance Company

The global pivot to remote work at the start of the pandemic sent organizations scrambling to set up work-from-home solutions to keep business moving along. While we’re much further along than those early days—and starting to move toward hybrid work

News Insurance

Paid Helping Care Sector clients manage abuse liability through virtual service delivery

October 1, 2021 Markel Insurance Canada

Delivering Care services virtually has become a necessity. Are your clients rethinking the technologies and strategies they employ to manage abuse liability risk? Since the start of the COVID-19 pandemic, the Care Sector has had to rethink the way it