Canadian Underwriter

Keyword
Employee Benefits

Injured woman who is using her disability insurance benefits
News BrokersCommercial LinesEmploymentInsuranceMarkets / CoveragesProductsReinsurance

How to use captives to manage employee benefits risks

September 28, 2022 Mauricio Suarez

By recent counts, more than 7,000 captive insurance companies exist globally, used primarily by multinational companies to take control of various risks. And yet, fewer than 200 of them are used to write employee benefits (EB) risks. Which means less

Office workstation top view with businesspeople working around M&A
News BrokersInsurance

Busy month in M&A for BrokerLink, Westland

September 14, 2022 by Jason Contant

BrokerLink and Westland Insurance Group announced a series of brokerage M&A deals in September, including the acquisitions of a total of four brokerages and one employee benefits firm between them.  BrokerLink announced the acquisition of J.W. Davis Insurance Brokers and

Auto insurance policy with keychain on top
News Insurance

Ontario auto: Should employee benefits or auto insurers pay out first?

May 17, 2022 by Jason Contant

If the Ontario Progressive Conservative Party moves ahead with one of its proposed changes to auto insurance, it could result in increased claims costs for auto insurers, or else shift the burden more onto extended (supplementary) health insurance policies, says

Woman is arranging wooden cubes and writing word benefits
News BrokersInsuranceProfessional Development

Employee benefits in the new era of work

April 19, 2022 by Alyssa DiSabatino

About one-quarter of brokers say they are either likely or highly likely to leave the industry in the next three years, according to Canadian Underwriter’s National Broker Survey. One way to encourage brokers to stay would be to expand employee

News Insurance

Understanding similarities and differences is key to success in employee benefits

November 25, 2021 Canadian Underwriter Staff

If P&C brokers are to succeed in the employee benefits space, both sides of the business need to fully understand the similarities and differences between them, a P&C group benefits advisor has warned. “There’s huge benefit in commercial brokers and

News Insurance

How one MGA keeps employees moving — virtually

September 15, 2021 Brooke Smith

You may not know the Mayo Clinic’s Dr. James Levine. But you’ve likely heard his now-famous phrase: “Sitting is the new smoking.” With many employees sitting in front of a computer in the comfort of their homes for the past

employee benefits
News Insurance

What is needed as more P&C brokerages move into employee benefits

September 3, 2021 by Jason Contant

With more and more property and casualty insurance brokerages moving into the employee benefits (EB) space, there is a need to have an integrated technology solution, tech vendor Applied Systems said recently. “We know our P&C customers are moving further

News Insurance

MGA’s program gives employees money to take time off

September 1, 2021 Brooke Smith

You’re burning out. According to a June survey from Canadian Underwriter, 54% of P&C employees reported feeling at least some stress and burnout working from home. Human resources experts often recommend that employees use their vacation entitlement to recharge, but

News Insurance

How the pandemic has shifted employers’ priorities ‘overnight’

May 25, 2021 by Jason Contant

More than one year into the COVID-19 pandemic, there has been a massive, “overnight” shift in employers’ appetite towards employee benefits plans, Hub International speakers said during a recent webinar. “There’s a fast movement towards wellness, virtual services, virtual health

News BrokersInsuranceMergers and Aqcuisitions

How many brokerages have been bought in the past week?

October 8, 2019 by Jason Contant

The trend in brokerage mergers and acquisitions (M&A) remains strong with no sign of abating, as three large brokerages scooped up no less than eight firms in the past week. On Oct. 2, Hub International announced that it had acquired

News BrokersInsuranceMergers and Aqcuisitions

This brokerage is the latest to get into employee benefits

May 24, 2019 by Jason Contant

A family-owned brokerage in New Brunswick has become the latest brokerage to get into the employee benefits space. Personal and commercial lines brokerage Vienneau Insurance announced earlier this week that it has expanded its commercial insurance offering by acquiring the

Feature

Sea Change

March 3, 2019 Brooke Smith

Commercial P&C brokerages have taken the plunge into the employee benefits space, strategically acquiring employee benefits firms. What’s in the water?