Keyword
COVID-19
Majority of cybersecurity executives expect to budget more to cope with COVID: study
December 4, 2020 The Canadian PressTORONTO – A new study estimates more than half of executives responsible for cybersecurity expect to grow their budgets in response to new challenges raised by the COVID pandemic. Consulting firm PwC Canada says a poll of 3,000 executives around…
Saskatchewan restarts emergency grants for small businesses hit by COVID-19 rules
December 3, 2020 Stephanie Taylor - THE CANADIAN PRESSREGINA – The Saskatchewan government is reviving an emergency grant program for small businesses that have been hit by restrictions aimed at stemming the spread of COVID-19. The province will begin accepting applications for its small business emergency payment program…
Aviva CEO sides with science against fruitless conjecture around climate risk
November 27, 2020 by Adam MalikAviva Canada CEO Jason Storah has no time for arguing about the validity of climate change and the threats facing the planet that are affecting the insurance industry. Instead of debates about climate change based on speculation and conjecture, he’d…
Trudeau expects most Canadians could be vaccinated by September 2021
November 27, 2020 The Canadian PressPrime Minister Justin Trudeau pushed back against critics of his government’s COVID-19 vaccination plan with assurances most Canadians would be inoculated by September 2021, with a former NATO commander leading distribution. Trudeau announced Friday that Maj.-Gen. Dany Fortin will lead…
COVID-19 doesn’t mean putting your career on hold: Insurer exec
November 24, 2020 by Adam MalikThe global COVID-19 pandemic has changed the way people work and learn but similar to how brokerages and insurance companies continued to operate in a new environment, learning and growth opportunities shouldn’t have to stop, said the leader of an…
Has the pandemic changed how brokers think about specialization?
November 23, 2020 by Adam MalikWith the global COVID-19 pandemic affecting specific sectors harder than others, brokers may see the value in the diversification of their offerings so as to not have their business depend on the success of one sector, says one broker leader.…
Lights. Camera. Claims action!
November 20, 2020 by David GambrillIn the Canadian entertainment industry, time is money, and so when the global pandemic forced time to stand still, it hit the entertainment industry with the force of a catastrophic event. When COVID-19 hit, Crawford & Company’s adjuster and film…
Two ways COVID-19 affected this large brokerage’s M&A strategy
November 20, 2020 by Jason ContantThe COVID-19 pandemic required one large Canadian brokerage to take a “very different approach” to mergers and acquisitions (M&A) activity. COVID affected the M&A process in two significant ways, Jamie Lyons, president and chief operating officer with Westland Insurance Group…
Canada’s cybersecurity agency warns of online threats that exploit COVID-19 fears
November 19, 2020 Jim Bronskill - THE CANADIAN PRESSOTTAWA – A federal agency that monitors brewing online threats warns of fraudsters dangling COVID-19-related content to fool victims into clicking on malicious links and attachments. Online tricksters know people are anxious about the future and are less likely to…
Why smaller organizations are interested in creating captives
November 16, 2020 by Adam MalikInterest in captives naturally increases as a hard market intensifies, but now even mid-market or smaller organizations are considering captives as an alternate way to transfer risk, panellists of a Canadian Underwriter webinar observed Monday. “Traditionally, when you think of…
Brokers ready for new round of lockdowns
November 13, 2020 by Adam MalikManitoba went into lockdown Thursday morning after the province’s COVID-19 numbers ranked among the worst in the country and its healthcare system approached capacity. But this time, unlike the first go-around in the spring, brokers say they are in an…
Canadian small businesses ask insurers for more relief
November 11, 2020 by Adam MalikWith commercial insurance premiums on the rise in a number of business classes, and some unable to even find an insurer, a national association representing Canadian small businesses is calling on insurers and provincial governments to do more to ensure…