Keyword
brokerage
Guy Carpenter names new head of Canadian operations
August 5, 2020 by David GambrillPeter Askew has been named president and CEO of the Canadian business of global reinsurance specialist Guy Carpenter & Company LLC, a business of Marsh & McLennan Companies. Effective immediately, Askew will be responsible for Guy Carpenter’s reinsurance broking activities…
Looking in the Mirror
August 4, 2020 David Gambrill, Editor in ChiefCanadian Underwriter asked brokers across the country to rate themselves as trusted advisors. While pride in their work during the pandemic was obvious, the survey results also suggested ways to enhance their value to consumers.
Narrowing your focus
May 3, 2020 Sarah Cunningham-ScharfIn a hard market dominated by large players, small and mid-sized commercial brokerages face an existential choice: Specialize — or risk extinction.
How one of Canada’s largest brokerages is handling COVID-19
March 23, 2020 by David GambrillA pandemic triggers a state of emergency. You have 24 hours to shut your doors to customer walk-in traffic and protect 1,900 of your brokers and support staff across Canada from catching and spreading the novel coronavirus. Even for smaller brokerages, it…
Speculative ripple effects of the Aon-Willis merger on the Canadian reinsurance scene
March 20, 2020 by David GambrillAon plc’s announced agreement to acquire Willis Towers Watson in early March for $30-billion in an all-stock deal raises a host of interesting speculative possibilities for Canada’s reinsurance market, a former reinsurance executive in Canada told Canadian Underwriter recently. Among…
One attractive option for brokerages looking to sell
March 11, 2020 by Jason ContantBeing bought by a private equity firm may be an attractive option for brokerages looking to sell, said veteran P&C industry advisor and consultant Mike Berris, a partner with Smythe Advisory. “Their offering can be attractive in that they often…
Broker fined for misrepresenting cause of her termination
February 21, 2020 by David GambrillA Manitoba broker has been fined $1,000 and ordered to take an ethics course after failing to fully disclose on her broker licence renewal application why her brokerage had terminated her for cause. Rahat Sharma, a broker who used to…
Canadian brokerage M&A explodes out of the gate in 2020
January 7, 2020 by Jason Contant“The market for P&C brokerages and books of business is strong and will likely continue to be robust in the foreseeable future,” Mike Berris, partner and practice group leader with Smythe Advisory, predicted last August in the firm’s Property &…
The latest acquisitions in the Canadian brokerage space
December 17, 2019 by Jason ContantAs we near the end of 2019, the trend in brokerage acquisitions shows no sign of slowing down. In the past week-and-a-half, one Ontario brokerage purchased another Ontario brokerage, a different brokerage bought a managing general agency, a large brokerage…
Why ‘salesperson’ will no longer be defined in this insurance law
October 31, 2019 by Greg MeckbachThe Ontario government plans to make several changes to the Insurance Act, including the removal of the definition of “salesperson” from the law. Legislation was tabled Monday by Prabmeet Singh Sarkaria, the associate minister of small business and red tape…
Marketers Rising
March 4, 2019 Robyn Croll, Vice President, Customer Insights, Goose DigitalOnce considered a line item on the expense chart, marketers are now starting to reach the executive levels of brokerages – and here’s why
How this top-tier Canadian brokerage plans to double its revenue in 5 years
July 11, 2018 by David GambrillNavacord Inc., Canada’s fifth-largest insurance brokerage by premium volume, has entered into an agreement that will see a management-led buyout of its minority capital partner, Fairfax Financial Holdings Ltd., with the support of Madison Dearborn Partners (MDP), a leading private…