Keyword
Insurance Institute of Canada
Intact reports Q1 cat losses of $88 million, aims to double direct-to-consumer business in ‘near term’
April 7, 2017 by Canadian UnderwriterIntact Financial Corp. recently reported its catastrophe losses, net of reinsurance, were $88 million for the first three months of 2017. Toronto-based Intact also says it wants to “double” its direct-to-consumer business in the “mid-term” and is nominating Sylvie Paquette,…
Satisfying unmet customer needs key to helping prevent disruption: CIP Symposium speaker
April 7, 2017 Jason Contant, Online EditorIf the insurance industry doesn’t start meeting unmet customer needs and responding to trends like the sharing economy, new entrants will likely continue to disrupt the industry, attendees to the CIP Society Symposium 2017 heard on Thursday. “The big risk…
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…
Master Builder
February 3, 2017 Angela Stelmakowich, EditorLaura Van Vliet, recipient of the CIP Society’s 2016 Emerging Leader Award, understands how effort, heart and education can build a career.
Canadian P&C industry to celebrate National Education Month in February
February 1, 2017 by Canadian UnderwriterCanada’s property & casualty industry will celebrate National Education Month in February, showcasing the education and professional development of insurance professionals across the country. The Insurance Institute of Canada (IIC) has expanded its annual National Education Week to a month…
Rule-making authority essential for Ontario’s new FSRA: Cooke
January 20, 2017 by Angela StelmakowichEquipping Ontario’s new Financial Services Regulatory Authority (FSRA) with rule-making authority is critically important to ensuring its effectiveness as an independent, flexible and consumer-focused regulator of financial services and pensions, argues George Cooke, chair of the Board of Directors of…
Wider mandate for Ontario’s auto insurance regulator would be welcomed
January 19, 2017 by Angela StelmakowichA wide mandate for the body regulating Ontario’s auto insurance sector – one that promotes competition, innovation and responsiveness – would be welcomed, Karin Ots, senior vice president of regulatory and government relations for Aviva Canada, suggested Thursday during a…
Thinking outside the box key to keeping p&c industry relevant, responsive: Cook
January 12, 2017 by Angela StelmakowichThose in Canada’s property and casualty insurance industry must think outside the box and understand the importance of coupling new products with new delivery methods to meet ever-increasing and ever-changing customer expectations, Philip Cook, CEO of Omega Insurance Holdings Inc.,…
Canada becoming less attractive option for investors: Cook
January 11, 2017 by Angela StelmakowichAnticipated less-than-stellar financial results for Canada’s property and casualty industry in 2016 will likely contribute to the market becoming less attractive to investors and absent significant improvement, it is unlikely the current level of capital will remain in the country,…
Staying the same not a sustainable approach to attracting young professionals to insurance
November 23, 2016 by Angela StelmakowichThe traditional insurance world must change with the times – reflecting shifting demographics and fostering diversity – if it is to build on the progress made with regard to attracting more young professionals to the field. “The traditional (insurance) world…
Insurance Institute of Canada presents awards to Silvy Wright and Ted Teterenko
November 23, 2016 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) has awarded Silvy Wright, president and CEO of Northbridge Financial Corporation, an Honorary Chartered Insurance Professional (HCIP) designation and presented IIC volunteer Ted Teterenko with an Award of Merit. In awarding Wright (pictured right)…
The Insurance Institute of Canada elects Intact Insurance president Jean-François Blais as chair of board of governors
November 3, 2016 by Canadian UnderwriterThe Insurance Institute of Canada (IIC) has elected Jean-François Blais, president of Intact Insurance, as chair of its board of governors. The IIC elected Blais at its 63rd annual general meeting on Oct. 25 in Charlottetown, P.E.I., the institute said…