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IBAO
Insurance Brokers Association of Ontario continues ‘to have multiple discussions with Aviva:’ Simpson
March 28, 2017 Greg Meckbach, Associate EditorTwo months after the Insurance Brokers Association of Ontario announced it would no longer invite Aviva Canada Inc. to participate in IBAO’s sponsorship program, the association continues to hold talks with Aviva, IBAO’s chief executive officer said Tuesday. “We continue…
Ontario private member’s bill proposes 15% cap on personal injury lawyers’ contingency fees
March 10, 2017 by Canadian UnderwriterA bill tabled Wednesday in the Ontario legislature, by a backbench Liberal MPP, would limit lawyers’ contingency fees in the province, for personal injury claims, to 15%. If passed into law, Bill 103 would stipulate that “contingency fees be capped…
Speakers weigh in on contentious topic of insurers with “broker arm interrupters”
March 1, 2017 Jason Contant, Online EditorIf an insurer can offer brokers more products, assistance and their brand is recognized by clients, “there is some value there,” Jeff Roy, CEO of Excalibur Insurance Group, suggested on Wednesday at the Insurance-Canada.ca Broker Forum, held at the Allstream…
IBAO, Insurance Institute of Ontario hosting live webcast on driverless cars
February 7, 2017 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) and the Insurance Institute of Ontario announced on Tuesday that they will be hosting a live webcast on the insurance implications of automated vehicles on Feb. 16. The webcast, which will run from…
Traci Boland assumes role as 2017 president of the Insurance Brokers Association of Ontario
January 12, 2017 by Canadian UnderwriterTraci 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…
Aviva Canada’s 24-hour Broker Hackathon results in small business online quoting and binding solution
November 25, 2016 by Canadian UnderwriterAviva Canada’s recent Broker Hackathon has chosen its People’s Choice and Winner from a total of 61 submissions: Commercial Catalyst, a “simple, quick and easy way for brokers and customers to quote and bind small commercial business” and a responsive…
Insurers who fail to “adapt to what millennials are looking for” will let go of “majority” of customers: Intact president
October 20, 2016 Greg Meckbach, Associate EditorInsurance providers need to “rethink” how they provide advice to customers in their 20s and 30s, the president of Intact Insurance suggested Thursday to an audience of Ontario brokers. “Millennials still want advice,” Intact Insurance president Jean-Francois Blais said during…
Brokers are ‘not competition to each other,’ IBAO keynote speaker says
October 19, 2016 Greg Meckbach, Associate EditorInsurance brokers who compete against one another need to change their mindset and work with their competitors to address threats which could disrupt the industry, a speaker suggested Wednesday in Toronto. “If you all think each other are the competition,…
Moves and Views
September 1, 2016 by Greg Meckbach1 Patrick Bieleny [1a] has been appointed president and chief executive officer of Western Financial Group, effective August 22, replacing Paul Taylor [1b], who retired July 4. Bieleny was previously chief executive officer and managing director of private…
Insurance Brokers Association of Ontario announces Colin Simpson as new CEO
July 28, 2016 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) has announced the appointment of Colin Simpson as CEO, effective Wednesday. IBAO president Doug Heaman made the announcement on behalf of the association’s executive committee and recruitment committee. Simpson brings more than 15…
Cornerstone’s DaSilva resigns from IBAO board, Brian Purcell scheduled to be 2018 president
July 7, 2016 by Canadian UnderwriterBrian Purcell, broker/owner at James Purcell Insurance Broker Ltd., will “assume the position” of president of the Insurance Brokers Association of Ontario in 2018, IBAO announced Thursday. Wendy DaSilva, chief executive officer of Cornerstone Insurance Brokers Ltd., had been scheduled…
Canadian politicians agree in principle to increase employers’ Canada Pension Plan contributions
June 27, 2016 by Canadian UnderwriterLess than a month after Ontario passed a law mandating participation for some employees in a province-sponsored pension plan, most of Canada’s premiers signed an agreement in principle, with the federal government, to increase contributions to the Canada Pension Plan.…