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Sean Duggan, incoming president, Toronto Insurance Conference; and VP, partner and practice leader for clean tech, technology and life sciences for Hub International HKMB (Photo by: Patrick Thompson)
Feature

Evolving Risks

November 1, 2015 Greg Meckbach, Associate Editor

Keeping commercial brokers informed of emerging risks and educating new MPs on the Bank Act are key priorities for Sean Duggan, incoming president of the Toronto Insurance Conference.

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Revenue up 4.1% for Willis Group

October 29, 2015 by Canadian Underwriter

Commercial insurance brokerage Willis Group plc reported a 4.1% increase in third-quarter commissions and fees and net income of $116 million in the three months ending Sept. 30, compared to an $8-million loss in the third quarter of 2014. London-based

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Gore Mutual launches ecommerce commercial insurance platform

October 29, 2015 by Canadian Underwriter

Gore Mutual Insurance Company announced on Thursday that it has partnered with eight insurance brokers to launch uBiz, an ecommerce platform that enables brokers to offer commercial insurance through their digital channels. uBiz leverages agile technology to enable customers to

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Bullfrog Insurance offers online business and liability insurance to small business owners in B.C., Alberta and Ontario

October 28, 2015 by Canadian Underwriter

Small business owners in British Columbia, Alberta and Ontario can now purchase their business and liability insurance from their computers or smartphones in as little as 90 seconds, according to Bullfrog Insurance, a Mississauga, Ont.-based online brokerage. “We have simplified

News InsuranceMergers and Aqcuisitions

Arthur J. Gallagher reports 9% growth in adjusted revenues for brokerage, risk management segments in Q3

October 28, 2015 by Canadian Underwriter

Itasca, Ill.-based Arthur J. Gallagher & Co. (AJG) reported on Tuesday a 9% growth in adjusted revenues for its combined Brokerage and Risk Management segments for the third quarter of 2015 ending Sept. 30. “We had another excellent quarter,” said

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Revenue up in Q3 for U.S./Canada division of Marsh & McLennan Companies

October 27, 2015 by Canadian Underwriter

Marsh & McLennan Companies, Inc. (MMC), a global professional services firm offering clients advice and solutions in risk, strategy and people, announced on Tuesday that net income attributable to the company in the third quarter of 2015 was US$323 million,

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Insurance Brokers Association of Canada prepared to share flood principles document in November

October 26, 2015 Greg Meckbach, Associate Editor

The Insurance Brokers Association of Canada will be “prepared” next month to share a flood principles document, approved in Quebec City at IBAC’s meeting last month, the association’s president told Ontario brokers recently. During the annual members’ general meeting of

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Intact Insurance to launch revised water peril product in 2016

October 26, 2015 Jason Contant, Online Editor

Intact Insurance will launch a revised water peril product next year, the company’s president said last week at the Insurance Brokers Association of Ontario’s (IBAO) 2015 convention in Toronto. Jean-François Blais made the announcement during the CEO Panel at the

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Toronto Insurance Conference approaching IBAC on declaration of emergency endorsement

October 26, 2015 Greg Meckbach, Associate Editor

After running into some “brick walls” on getting buy-in from Canadian insurers to include a declaration of emergency endorsement into their commercial property & casualty policies, the Toronto Insurance Conference is asking a former president to raise the issue with

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IBAO CEO Panel speakers call for more choice for Ontario consumers in auto insurance

October 23, 2015 Greg Meckbach, Associate Editor

Ontario’s auto policy should be changed to allow more choice for consumers, some insurance carrier chief executive officers suggested Thursday, though Intact Insurance’s president expressed concerns about the change in catastrophic impairment coverage that takes effect next June. “There is

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Technology transforming insurance, broker channel, IBAO Convention hears

October 23, 2015 Jason Contant, Online Editor

Insurers are falling further and further behind the current technology and digital capabilities and will require a major transformational improvement, speakers suggested on Thursday at the Insurance Brokers Association of Ontario’s (IBAO) Convention 2015. Speaking during the CEO Panel at

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ACE shareholders vote to approve acquisition of Chubb

October 23, 2015 by Canadian Underwriter

ACE Limited shareholders have voted at a special meeting to approve all proposals related to the company’s previously announced agreement to acquire The Chubb Corporation, ACE announced on Thursday. ACE reported that votes in favour of each agenda item exceeded