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IBAO Convention

News AssociationsInsuranceMarkets / Coverages

Auto reform an opportunity for brokers to review clients’ personal situations: IBAO president-elect

October 31, 2017 Greg Meckbach, Associate Editor

A set of changes to auto accident benefits coverage is a “perfect example” of an opportunity for brokers to contact their clients and review insurance needs, the president-elect of the Insurance Brokers Association of Ontario suggested at the organization’s recent

News ClaimsInsuranceMarkets / Coverages

Marshall gives his take on the ‘real problem’ with auto catastrophic impairment coverage

October 30, 2017 Greg Meckbach

The Ontario auto insurance system needs to do more for claimants who are catastrophically injured and not rely so much on “competing opinions” among medical practitioners, a former chief executive officer of the workers compensation system suggested to brokers recently.

News CatastrophesClaimsConstructionInsuranceMarkets / Coverages

Quality of construction workmanship a major factor in water losses: RSA Canada CEO

October 27, 2017 Greg Meckbach, Associate Editor

Aging infrastructure and deteriorating construction standards are among the “major factors” leading to the challenges Canadian property insurers face when dealing with water losses, brokers heard Thursday during the CEO Panel at the Insurance Brokers Association of Ontario convention. “The

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

IBAO CEO panelists discuss brokerage acquisitions

October 27, 2017 Greg Meckbach, Associate Editor

Acquisitions by insurers “have had an impact on valuations” of brokerages, but the price a brokerage owner could get be selling the business is also affected by factors such as growth and profitability, insurance carrier chief executives suggested Thursday. “Insurer

News InsuranceMarkets / CoveragesProfessional Development

IBAO president-elect urges members to mentor young brokers

October 27, 2017 Greg Meckbach, Associate Editor

Experienced brokers should act as mentors to young workers entering the profession and local affiliates of the Insurance Brokers Association of Ontario need to have programs to help recruit high school and post-secondary students into the business, IBAO president-elect Brian

News InsuranceMarkets / CoveragesTechnology

Creating ‘the most engaging product’ is a better way to compete: IBAO speaker

October 26, 2017 Greg Meckbach, Associate Editor

Advances in telecommunications, data storage, software and artificial intelligence is making it more difficult to use cost and distribution as a competitive advantage, Google Canada’s head of marketing suggested to Ontario insurance brokers Wednesday in Ottawa. Netflix and Instagram were

News InsuranceLegislation / RegulationMarkets / Coverages

Ont. auto accident benefits shouldn’t entail ‘arguing about what care is appropriate each and every time’

October 25, 2017 Greg Meckbach, Associate Editor

Addressing the problems of both Ontario’s auto insurance and workers compensation systems calls for packages of care that work for most injured people and not for cash settlements, the former chief executive officer of the Workplace Safety Insurance Board suggested

News InsuranceLegislation / RegulationMarkets / CoveragesMergers and Aqcuisitions

BIP Talk aims to let brokers ‘better understand’ underlying problems with Ontario auto insurance: Forgeron

August 25, 2017 Greg Meckbach, Associate Editor

More than four months after the release of David Marshall’s report on auto insurance, Insurance Bureau of Canada’s president and chief executive officer is hoping Ontario’s brokers will “add their voice” to calls from the industry to “fundamentally overhaul” auto

News AssociationsInsuranceMarkets / CoveragesMergers and AqcuisitionsProducts

Specialist Lloyd’s broker now providing regional Canadian brokers with direct access to London liability insurance market

June 29, 2017 by Canadian Underwriter

Servca, the independent international specialist Lloyd’s broker, announced on Thursday that is has expanded its global footprint into Canada. Servca now provides regional Canadian brokers with direct access to Lloyd’s of London specialist products, schemes and carriers, “catering for non-standard

News AssociationsInsurance

Traci Boland assumes role as 2017 president of the Insurance Brokers Association of Ontario

January 12, 2017 by Canadian Underwriter

Traci Boland has formally assumed her position as president of the Insurance Brokers Association of Ontario (IBAO) as of Jan. 1, the association noted in a press release on Thursday. “It’s a privilege to serve as president of our provincial

News AssociationsInsuranceProfessional DevelopmentTechnology

Collaboration, communication and integration key to success: Boland at IBAO Convention

October 23, 2016 Jason Contant, Online Editor

Brokers, broker management system (BMS) companies and insurance companies all need to “come together” using collaboration, communication and integration, incoming Insurance Brokers Association of Ontario (IBAO) president Traci Boland said last week at the association’s 96th annual convention. “The theme

News InsuranceMergers and Aqcuisitions

Millennials ‘not that informed’ about coverage needs: Travelers Canada CEO

October 22, 2016 Greg Meckbach, Associate Editor

Customers in their 20s and 30s are “not that informed” of their property insurance needs, suggested Duane Sanders, president and chief executive officer of Travelers Canada, at the Insurance Brokers Association of Ontario annual convention Thursday. Sanders was one of