Canadian Underwriter

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News BrokersInsurance

This open banking recommendation is a ‘red flag’ for brokers

August 11, 2021 by Greg Meckbach

A federal advisory committee’s recommendation to prohibit the use of banking data in underwriting, during the proposed initial phase of open banking in Canada, is a partial but not a complete victory for Canada’s national brokers’ association. In its final

News InsuranceTechnology

7 insurers that have jumped on the D/X bandwagon

March 15, 2021 by Greg Meckbach

The data exchange project needs more carriers on board, says the connectivity lead for Canada’s brokers. The Insurance Brokers Association of Canada (IBAC) announced Mar. 10, 2021, the creation of the Data Exchange Connect Alliance (DXCA). The alliance now has

News Insurance

The next big step in accelerating real-time data exchange

September 10, 2020 by Jason Contant

The Canadian property and casualty insurance industry intuitively understands the benefits to brokers, carriers and consumers of better connectivity — it’s a matter of getting everybody moving in the same direction, an industry veteran told Canadian Underwriter recently. “Moving data

News Insurance

Why your clients aren’t feeling too good these days

September 9, 2020 by Adam Malik

Whether it’s your personal or commercial clients, neither are feeling too optimistic about their financial situation as the COVID-19 pandemic continues to stress them out, a pair of recent surveys have found. But the head of the national broker association

News Insurance

National broker association appoints new broker connectivity lead 

September 4, 2020 by Jason Contant

The Insurance Brokers Association of Canada (IBAC) has announced the appointment of Tom Reid as the new broker connectivity lead for the association’s Data Exchange (DX) project.   “Broker connectivity is a key priority for IBAC, and the pandemic has intensified

News AssociationsClaimsInsurance

Canada’s P&C carriers respond to calls for major premium relief

April 8, 2020 by Jason Contant

Canada’s property and casualty insurance companies have answered the call from brokers and customers for stepped-up relief measures to help cope with the financial impact of COVID-19. “It’s a very unusual set of circumstances, but in spite of that I

News InsuranceRiskTechnology

Brokers tackle distracted driving with social media campaign

December 4, 2019 by Jason Contant

Insurance Brokers Association of Canada (IBAC) and Canada Safety Council (CSC) have teamed up for a new social media-led campaign timed to coincide with Distracted Driving Week, which runs until Dec. 7. The campaign focuses on two key distracted driving

Feature Appointments

Big Moves – Newfoundland broker takes helm of IBAC

November 25, 2019 by Greg Meckbach

Kent Rowe has taken over from Chris Floyd as president of the Insurance Brokers Association of Canada

News AppointmentsAssociations

New president at Insurance Brokers Association of Canada

September 20, 2019 by Greg Meckbach

Kent Rowe is now the president of the Insurance Brokers Association of Canada. Rowe, a former president of the Insurance Brokers Association of Newfoundland, was inducted into his new role after IBAC’s annual general meeting Thursday. By day, Rowe works

News AssociationsBrokersInsuranceTechnology

D/X initiative breaks ground with real-time first notice of loss transaction

September 12, 2019 by Jason Contant

Broker-insurer connectivity took a step forward this week, when the Insurance Brokers Association of Canada (IBAC)’s data exchange working group announced it had completed a first notice of loss (FNOL) transaction in real-time. The working group developed the first FNOL

News BrokersEmploymentInsurance

Where in Canada do brokers get paid the most?

April 25, 2019 by David Gambrill

Looking to work for brokerages in the highest-paying regions of the country? Check out brokerages in either Alberta or Ontario, according to numbers contained in a recent Deloitte study commissioned by the Insurance Brokers Association of Canada (IBAC). At $70,800

News BrokersInsuranceProfessional Development

New, revised CAIB expected by fall

January 10, 2019 by Jason Contant

The Insurance Brokers Association of Canada (IBAC) is hoping to be able to present a new, revised Canadian Accredited Insurance Broker (CAIB) program to the broker community by this fall. The new content will address 10 broad broker competency areas