Canadian Underwriter

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Insurance Institute of Canada

News BrokersInsurance

How new equivalencies for Alberta broker wannabes will work

October 30, 2019 by Greg Meckbach

For Alberta brokerages, the ability to use a Chartered Insurance Professional (CIP) designation won’t necessarily make it easier for brokers to get licensed, but it will probably provide a better learning experience, officials with the Insurance Institute of Canada suggest.

News InsuranceTechnology

Watch out for these ‘nefarious’ ways of eating brokers’ lunch

August 28, 2019 by Greg Meckbach

Brokers could be in for a nasty surprise if the concept of bundling auto insurance with vehicle lease or purchases catches on in Canada, a Symposium West speaker warned last week. An auto manufacturer is “not a traditional competitor” in

News Insurance

Thoughts on industry consolidation from a retiring CEO

August 26, 2019 by Greg Meckbach

Consolidation in the insurance industry is reducing consumer choice and putting more pressure on employees, Steve Smith, president and CEO of Cambridge, Ont.-based Farm Mutual Reinsurance Plan Inc., said during his second last week on the job. “To me it’s

News Insurance

The better way to sell insurance to Millennials

August 20, 2018 by Jason Contant

If the insurance industry wishes to sell more products to Millennials, the industry must adapt to what Millennials want, and not the other way around, according to a recent white paper from Cake & Arrow, a New York City-based agency

News ConstructionInsurance

Bigger may not always be better to insure

May 3, 2018 by David Gambrill

Supertall structures, buildings more than 300 metres high or 90 storeys tall, are in vogue right now, raising interesting insurance challenges, according to a recent industry trends report released by the Insurance Institute of Canada. “Increasingly complex high-rise building projects

News ClaimsClimate ChangeInsuranceProductsTechnology

Desjardins’ weather alerts: sign of a preventative insurance model?

March 19, 2018 by Jason Contant

Desjardins General Insurance Group (DGIG) will soon launch severe weather alerts allowing consumers to take pre-emptive steps to protect their property from potential damage. The move is indicative of a larger trend towards a preventative insurance model, as found in

News InsuranceTechnology

Uber suspends testing of automated cars after pedestrian killed

March 19, 2018 by David Gambrill

Uber has suspended all testing of its self-driving cars after an Uber car in autonomous mode reportedly struck and killed a woman in Phoenix, Arizona. Uber suspended its testing of autonomous vehicles in Toronto, Phoenix, Pittsburgh and Arizona after a

News CatastrophesMarkets / CoveragesReinsurance

Your only hope to prevent a higher reinsurance bill this year

January 16, 2018 by Greg Meckbach

Insurance rates will rise in Canada this year unless catastrophe losses are lower than normal, a speaker suggested to industry professionals Tuesday. “I do expect that as this year unfolds, unless we have a very benign 2018, we do expect

News InsuranceMarkets / CoveragesProfessional Development

The insurance industry’s challenge in recruiting forensic engineers

December 8, 2017 Greg Meckbach, Associate Editor

The challenge for the property and casualty insurance industry in recruiting young engineers is that engineers generally want to make things instead of figuring out why things crashed or burned. “We have had a challenging time servicing our clients in

News AssociationsInsuranceProfessional DevelopmentTechnology

Why future recruits will flock to the automated insurance workplace

November 23, 2017 David Gambrill, Editor-in-Chief

While it remains to be seen whether or not the industry’s anticipated move to automate “paper pushing” roles over the next decade will spawn major job losses, the industry may have an easier time attracting youth to the more advanced

News InsuranceMarkets / CoveragesMergers and AqcuisitionsTechnology

New Insurance Institute webinar to explore the sharing economy as an “opportunity and a threat” for Canadian p&c industry

May 30, 2017 by Canadian Underwriter

The Insurance Institute of Canada (IIC) will host a webinar examining the sharing economy as both an opportunity and a threat to the Canadian p&c industry. The webinar is scheduled for June 14 at 1 p.m. EDT. It offers “future-forward

News AppointmentsInsuranceMergers and AqcuisitionsProductsProfessional Development

Can-Sure Underwriting & Beacon Underwriting promotes Cameron Copeland to president

April 18, 2017 by Canadian Underwriter

Canadian property and casualty managing general agency (MGA) Can-Sure Underwriting and Beacon Underwriting announced on Tuesday that Cameron Copeland will assume the role of president. Copeland assumed the role effective April 15, succeeding Can-Sure founder Jeff Hart, who has “decided