Canadian Underwriter

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compensation

Feature

Richly Deserved

December 3, 2018 Jason Contant, Online Editor

Is your brokerage looking to build a performance-based compensation plan? Chances are, you are not alone. In Canadian Underwriter’s 2018 National Broker Survey, more than 250 broker owners and principals shared their views on the effectiveness of four types of

News InsuranceMarkets / CoveragesProfessional Development

Commercial brokers compensation will flip over time: RIMS Canada CEO panelist

September 28, 2017 Greg Meckbach, Associate Editor

Canadian consumers still “value the trusted advisor model” when buying insurance but there will soon be a “flipping” of brokers’ compensation model on commercial lines, whereby brokers will tend to earn more of their money on the consultative services, senior

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Alternate dispute resolution, tripling accident benefits among potential solutions for B.C. auto insurance: EY

July 26, 2017 by Canadian Underwriter

The process of suing for compensation for motor vehicle accidents “could be made far more efficient” in British Columbia, whose monopoly auto insurer’s basic accident benefits are “low compared to modern medical and rehabilitation costs” in care-based auto insurance schemes

News AppointmentsAssociationsInsuranceProfessional DevelopmentTechnology

Dave Schioler, CEO of Insurance Brokers Association of Manitoba, to step down in April 2018

April 15, 2017 by Canadian Underwriter

The Insurance Brokers Association of Manitoba (IBAM) announced on Thursday that CEO Dave Schioler will be stepping down effective April 11, 2018. Noting that he still has much to do at IBAM during what will now be a transition year,

News InsuranceMergers and AqcuisitionsProductsTechnology

Willis Towers Watson launches new cyber product for global airlines

April 11, 2017 by Canadian Underwriter

Global advisory, broking and solutions company Willis Towers Watson (WTW) announced on Tuesday that it has introduced a new “flexible insurance solution” specifically tailored to cover cyber exposure affecting the global airline industry. CyFly forms part of WTW’s integrated approach

News InsuranceLegalLegislation / RegulationMergers and Aqcuisitions

Supreme Court of Canada bars lawsuits against hospital, police by auto accident victims compensated by SAAQ

March 27, 2017 by Canadian Underwriter

An auto accident victim who is compensated by Quebec’s public automobile insurance plan cannot sue a third party for an “aggravated” or “separate” aspect of the injury, provided there is a “plausible, logical and sufficiently close link” between the accident

News InsuranceLegalMergers and AqcuisitionsTechnology

AP Sources: VW to pay near $10.2B to settle emissions claims

June 23, 2016 Tom Krisher and Michael Biesecker - THE ASSOCIATED PRESS

DETROIT – Volkswagen has agreed to take a series of steps with a total cost of about $10.2 billion to settle claims from its unprecedented diesel emissions cheating scandal in the U.S., two people briefed on the matter said Thursday.