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2019 Executive Outlook | Martin Thompson, RSA Canada

January 4, 2019 Canadian Underwriter

Canadian Underwriter approached Canadian P&C industry executives with two questions: 1) What is the single most important change the industry must make looking forward into 2019? 2) How might this change be brought about? Their answers, featured in our 2019

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Will work automation result in job losses in Canada?

April 19, 2018 by Jason Contant

A new survey from Willis Towers Watson (WTW) has found that half of Canadian employers believe that work automation will result in job losses, a finding echoed recently by a Canadian property and casualty insurance executive. In November 2017, RSA

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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 / CoveragesTechnology

The key to insurtechs’ agility

November 15, 2017 by Canadian Underwriter

Why are Insurtechs and fintechs frequently hailed as more agile than insurance companies following a more established business model? Martin Thompson, CEO of RSA Canada, said it’s easy to be bullish on the agility of insurtechs if you take customers

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P&C job losses of 30-40% within 10 years: RSA Canada CEO

November 15, 2017 David Gambrill, Editor-in-Chief

Technological automation is going to significantly change the composition of Canada’s property and casualty insurance industry, reducing the workforce by up to 40% within the next five to 10 years, predicts RSA Canada president and CEO Martin Thompson. Speaking at

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RSA reports combined ratio of 94.8% for first half of 2017 in Canada ‘despite higher large losses’

August 2, 2017 by Canadian Underwriter

RSA Insurance Group plc reported Wednesday that its net premiums written in Canada during the six months ending June 30 were 5% higher, on a constant rate of exchange basis, than in the same period in 2016. Meanwhile, in Canada,

News CatastrophesClimate ChangeEarnings / RatingsInsuranceMarkets / CoveragesTechnology

RSA Canada posts solid underwriting profit despite nat-Cat events in 2016

February 24, 2017 by Angela Stelmakowich

RSA Canada witnessed increased underwriting profit and a solid combined ratio for 2016 despite what can only be described as a challenging year that featured Canada’s most costly insurable nat-Cat ever and a host of other adverse weather events. “We’re

News InsuranceMergers and AqcuisitionsProfessional Development

Martin Thompson appointed president and CEO of RSA Canada

October 3, 2016 by Canadian Underwriter

RSA Canada announced today on Monday that Martin Thompson has been appointed president and chief executive officer, effective immediately. Thompson was appointed president and acting CEO in July 2016, when Rowan Saunders, the former president and CEO stepped down, RSA

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Economical Insurance board names Rowan Saunders president and CEO effective Nov. 1

July 27, 2016 by Canadian Underwriter

The board of directors of Economical Insurance announced on Wednesday that Rowan Saunders has been named president and CEO effective Nov. 1. Having served as president and CEO of RSA Canada since 2003, Saunders (pictured right) will “further the vision