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brokerages

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How blockchain will help brokers bypass traditional insurers

July 12, 2018 by David Gambrill

Vancouver-based Fineqia International Inc. has taken an equity allocation in Black Insurance, a Tallinn, Estonia-based digital insurance startup on the blockchain that has set its sights on creating a direct investor-to-broker relationship, bypassing the need for a traditional insurance company.

News AnnouncementsBrokersInsuranceMergers and Aqcuisitions

Brokerlink expands Ontario presence with latest acquisition

July 9, 2018 by David Gambrill

Brokerlink, one of Canada’s largest property and casualty insurance brokerages, has expanded its presence in Ontario with the acquisition of three new brokerages. Ontario brokerages Adriatic Insurance Brokers Ltd., Magermans & Raes Insurance Brokers Ltd., and Insurance Protection Group Inc.

News InsuranceMarkets / CoveragesTechnology

Canadian P&C brokerages prefer Facebook to communicate: Economical survey

November 1, 2017 by Canadian Underwriter

Canadian P&C insurance brokerages prefer Facebook to communicate with customers and prospects, according to 90% of respondents to a social media survey conducted this summer and released on Wednesday by Economical Insurance. The 2017 Pulse Check: Social Media Usage in

News InsuranceMergers and Aqcuisitions

Two Quebec brokerages merge to “create a powerhouse and ensure better positioning in the Quebec City region”

August 1, 2017 by Canadian Underwriter

Quebec brokerage ESSOR Assurances announced on Tuesday that it has teamed up with brokerage Généralys assurance to “create a powerhouse and ensure better positioning in the Quebec City region.” Généralys assurance is one of the largest insurance brokers in home,

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

MacCoy Insurance Brokers joins Atlantic Canadian brokerage Archway Insurance

June 30, 2017 by Canadian Underwriter

Archway Insurance, one of Atlantic Canada’s largest insurance brokerages, announced on Wednesday that is has a new location in Cape Breton, N.S.: MacCoy Insurance Brokers Ltd. Effective July 1, MacCoy Insurance will become the 22nd location of Archway Insurance, which

News InsuranceLegislation / RegulationMarkets / CoveragesProfessional Development

Aviva Canada urges Quebec government to maintain 20% ownership limit of brokerages by insurers

June 29, 2017 by Canadian Underwriter

Aviva Canada said earlier this week that is urging the Government of Quebec to maintain the 20% ownership limit of insurance brokerages by insurers in order to “reduce the potential for any conflict of interest and to enhance consumer confidence

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Gore Mutual Insurance Company to acquire Howard Noble Insurance Limited

June 29, 2017 by Canadian Underwriter

Gore Mutual Insurance Company announced on Wednesday that is has agreed to acquire Howard Noble Insurance Limited, a regional broker in Georgian Bay and Simcoe County in Ontario. Gore Mutual CEO Heidi Sevcik noted in a press release that Noble

News InsuranceMergers and Aqcuisitions

Two Ontario, two Alberta brokerages join BrokerLink

May 5, 2017 by Canadian Underwriter

BrokerLink has welcomed four brokerages – two in Ontario; two in Alberta – to the fold in a move that expands the company’s reach while providing the four brokerages and their employees greater access to resources and opportunities. The brokerages

News InsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional DevelopmentTechnology

One Alberta brokerage and two from Ontario join BrokerLink

April 5, 2017 by Canadian Underwriter

One Alberta brokerage and two Ontario brokerages announced on Tuesday that they will join BrokerLink, one of the largest Canadian property and casualty insurance brokerages. Alberta-based Full Circle Insurance Ltd. and Ontario brokerages Fairview Insurance Brokers Inc. and Steven Kaluski

Feature Technology

The Great Data Shake-Up

April 1, 2017 Brenda Rose, Vice President and Partner, FCA Insurance Brokers

Major upheavals within many insurers’ underlying systems are necessary to answer the changing needs of the insurance world and the changing demands of consumers. Brokerages, in turn, will need to stay current with broker management system software releases to both access new connectivity capabilities and be able to offer the full set of data required by insurers.

News InsuranceProfessional DevelopmentTechnology

Brokerage tech adoption increases by 12% across Canada: CSIO

January 4, 2017 by Canadian Underwriter

Brokerage adoption of nine key technologies has risen by 12% across Canada to a new high of 69%, according to the Centre for Study of Insurance Operations (CSIO). The announcement on Wednesday kicks off the second year of CSIO’s Technology

News AssociationsInsuranceProfessional Development

Staying the same not a sustainable approach to attracting young professionals to insurance

November 23, 2016 by Angela Stelmakowich

The traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world