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News BrokersMergers and Aqcuisitions

More commercial brokerage consolidation could follow Marsh-JLT combo

September 19, 2018 by Greg Meckbach

A US$6-billion merger between Marsh & McLennan Companies Inc. and Jardine Lloyd Thompson Group Plc could form the world’s largest commercial brokerage, and more mergers and acquisitions among commercial brokerages will likely to follow, a Canadian M&A expert suggests. Marsh

News BrokersInsuranceMarkets / Coverages

Looking to grow your E&O? Consider emerging classes of consultants

July 9, 2018 by David Gambrill

An emerging class of professional consultants is a new area of opportunity for brokers seeking to place errors and omissions (E&O) insurance. “We as a society have changed to become more service-oriented,” says Marilyn vanGansewinkel, vice president of specialty insurance

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.

Feature Technology

Data Tuneup

May 11, 2018 Brenda Rose, Vice President, Partner, Firstbrook Cassie & Anderson Ltd.

Data maintenance will help keep your business running at top speed and efficiency

Feature Associations

The Future of Broker Education

January 24, 2018 David Gambrill, Editor-in-Chief

Greg Mansfield has received an award for his visionary approach to broker CE. Here’s what he sees for broker learners in the future.

Feature Legislation / Regulation

Out of Pocket

January 15, 2018 Greg Meckbach, Associate Editor

Brokers could pay more under proposal to tax income sprinkling and passive investments

News InsuranceTechnology

‘Lots of people don’t like telematics,’ insurer reports

December 14, 2017 Greg Meckbach, Associate Editor

Opportunities for “broker-driven” usage-based auto insurance are likely to be down the road, but brokers are telling a large Canadian mutual that their insurance customers don’t want their insurers monitoring how they use their vehicles. “Our brokers are advising us

Heather Gray, Equity Partner, Clyde & Co. Canada LLP
Feature Legal

Standard Yet Complex

December 5, 2017 Heather Gray, Equity Partner; and Laura Sullivan, Articling Student, Clyde & Co. Canada LLP

A Nova Scotia ruling exploring the standard of care and “complexity” of risk may offer some relief for insurance brokers, but that should not inspire complacency. While it appeared that the standard of care for brokers had expanded, brokers must clearly understand that standard of care may increase in line with the complexity of the risk.

News AnnouncementsCatastrophesClaimsEarnings / RatingsInsurance

Echelon Insurance reports near halving of net income in 2017 Q3 compared to 2016 Q3

November 3, 2017 by Canadian Underwriter

The B.C. wildfires and losses related to commercial auto and motorcycle contributed to Echelon Insurance witnessing a 42% decrease in net income and an increase in combined operating ratio for 2017 Q3 compared to 2016 Q3. Net income amounted to

News InsuranceMergers and Aqcuisitions

Continuing fast pace for insurance M&A in U.S., Canada: OPTIS

October 20, 2017 by Canadian Underwriter

Sellers seem to be enthusiastically responding as buyers continue the aggressive valuations of p&c and employee benefits agencies, with OPTIS Partners reporting Thursday there were 132 deals inked during 2017 Q3, bringing the year-to-date total to 457. Chicago-based OPTIS Partners’

Feature

Measuring Up: The 2017 National Broker Survey

October 20, 2017 Angela Stelmakowich, Editor

Canadian Underwriter’s inaugural National Broker Survey polled brokers across the country on issues such as technology and attracting qualified professionals.

News ConstructionEarnings / RatingsInsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

Cyber market ‘softer than ever,’ commercial property, general liability rates down in U.S. in Q2: CIAB

August 23, 2017 by Canadian Underwriter

Responses from brokers surveyed indicate commercial property insurance rates in the United States dropped an average of 3.6% during the three months ending June 30, with average premium pricing down 1.44% in cyber, in a market that is “softer than