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Can risk management companies close the talent gap?

April 20, 2023 Jason Contant

A high percentage of today’s pool of risk managers has been working in the industry a long time, and the next largest group are fairly new to the business. Those in the younger group “are excited about what they’ve done

goldfish jumping out of the water and into another empty bowl
News BrokersEmploymentInsurance

During the ‘Great Re-shuffle,’ don’t forget the ones who stay

May 16, 2022 by David Gambrill

With people leaving all around you during ‘The Great Re-shuffle,’ the temptation may be to emphasize recruitment to backfill the people who have been lost, but industry leaders would be well-advised to instead focus on retention, according to a blog

News ClaimsClaims CanadaInsurance

How video conferencing misbehaviour creates commercial liability risk

June 1, 2021 by Greg Meckbach

Inappropriate behaviour during video conferences can lead to employment practices liability claims, an expert with The Travelers Companies Inc. warns. New York City-based Travelers is observing “Zoom etiquette claims,” said the insurer’s employment practices liability product manager, Chris Williams, during

News Insurance

‘Pandamennial’ careers take a nosedive: Why the industry should help

May 5, 2021 by Adam Malik

Global events have delayed the career development of young insurance professionals and the P&C industry needs to figure out how to help, risk manager execs said during the recent RIMS Live 2021 virtual conference. Colleen Zitt, chief risk officer at

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Risk management lessons from the governor general’s resignation

January 26, 2021 by Greg Meckbach

If a commercial client has any inklings of a toxic workplace, an independent investigation is one way of managing reputational and liability risk, an expert says. The resignations last week of Governor General Julie Payette and her secretary may have

News ClaimsClaims CanadaEmploymentLegalRisk

What Canada’s Supreme Court says about employers’ liability for bonuses

October 15, 2020 by Greg Meckbach

A constructive dismissal award against a Halifax-based fish oil maker of nearly $1.1-million has been restored by the Supreme Court of Canada. When it comes to employment practices liability, a key lesson from Matthews v. Ocean Nutrition Canada Ltd., released

News EmploymentInsurance

Opinion: How COVID-19 is changing the P&C talent landscape

June 3, 2020 Michael Vecchio, Sevenstep

The coronavirus pandemic could end up having a positive effect on the property and casualty insurance industry when it comes to finding new talent. COVID-19, the disease caused by the virus, has had a strong impact on the insurance industry

News EmploymentLegislation / Regulation

Bank of Canada keeps key rate target on hold, expects return to growth in Q3

June 3, 2020 Jordan Press - THE CANADIAN PRESS

OTTAWA – The economy appears to have avoided a worst-case scenario due to the COVID-19 pandemic, the Bank of Canada said Wednesday as it kept its key interest rate steady at its lower bound. The bank left its target for

News ClaimsRisk

Employment lawyers on returning to work during and after the pandemic

May 12, 2020 Nicole Thompson - THE CANADIAN PRESS

TORONTO – As provinces begin the slow process of reopening their economies and people start returning to the workplace, questions abound about the rights and responsibilities of employees and employers in the aftermath of COVID-19. The Canadian Press asked two

Feature Employment

Talent war goes high-tech

March 10, 2020 Jason Contant, Online Editor

How carriers and brokerages are leveraging tech to overcome their Number 1 threat

News BrokersInsurance

Broker fined for misrepresenting cause of her termination

February 21, 2020 by David Gambrill

A Manitoba broker has been fined $1,000 and ordered to take an ethics course after failing to fully disclose on her broker licence renewal application why her brokerage had terminated her for cause. Rahat Sharma, a broker who used to

News BrokersEmploymentInsurance

Why recruitment experts say brokers need to change their image

December 3, 2019 by Greg Meckbach

Finding it harder to recruit young people? Try explaining what insurance brokerage employees actually do, panelists advised brokers at a recent conference. “People who don’t work in the insurance industry have a distorted view of what it’s like to be