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What insurers want brokers to stop doing

November 30, 2020 by Adam Malik

Brokers who take a broad, scattershot approach to getting submissions approved by underwriters are only setting themselves — and their clients — up for failure and disappointment, an insurance executive warned during a recent webinar. For a better chance at

News BrokersInsuranceMarkets / CoveragesRisk

Questions to ask clients who serve alcohol

July 30, 2018 by Jason Contant

Risk managers in the restaurant and bar business need to “mine” for information from potential insureds to make sure they exercise their duty of care in serving alcohol responsibly. “From a risk management standpoint, what’s key is the insured is

News CatastrophesInsuranceMergers and AqcuisitionsReinsurance

Terrorism insurance gaps demand rethinking focus on property: C4 2017 speaker

February 2, 2017 by Angela Stelmakowich

Terrorism insurance programs need a reset to ensure clients are appropriately covered in light of the continuing shift from attacks on property to attacks on people designed to produce mass casualties, Scott Bolton, the U.K.-based director of business development and

News InsuranceProfessional DevelopmentTechnology

Aviva Canada’s 24-hour Broker Hackathon results in small business online quoting and binding solution

November 25, 2016 by Canadian Underwriter

Aviva 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

News InsuranceLegislation / RegulationMarkets / CoveragesReinsurance

Canada Pension Plan Investment Board to acquire Lloyd’s syndicate Ascot Underwriting for US$1.1 billion

September 16, 2016 by Canadian Underwriter

The Canada Pension Plan Investment Board (CPPIB) announced on Friday that it has signed an agreement with American International Group (AIG) to acquire 100% of Ascot, AIG’s Lloyd’s platform, for a “total consideration” of US$1.1 billion. The CPPIB said in

News Earnings / RatingsInsuranceMergers and Aqcuisitions

Economical Insurance combined ratio down 4.6 points in first quarter of 2016

May 10, 2016 by Canadian Underwriter

Economical Insurance has reported a combined ratio of 101.1% in the first quarter of 2016 ending March 31, down 4.6 percentage points from the Q1 2015 combined ratio of 105.7%. Waterloo, Ont.-based Economical Insurance’s gross written premiums were up by

News InsuranceProfessional Development

Data scientist top job of 2016, according to U.S. job search website CareerCast.com

April 14, 2016 by Canadian Underwriter

The job of data scientist, which combines information technology, statistical analysis and other disciplines to interpret trends from data, has been rated as the best job of 2016 by U.S. job search website CareerCast.com. Professions in mathematics top the 28th

Lloyd's
insPRESS

You’re Invited to Lloyd’s MGA Roadshow, Wednesday April 20th, Kitchener, Ontario

April 4, 2016 Lloyd's Canada

Lloyd’s Canada is delighted to invite you to attend a RIBO accredited lunchtime seminar: Wednesday April 20th, Kitchener, Ontario, 11:30-14:00 This free seminar hosted by Lloyd’s Canada will feature six underwriting experts: ABEX to present misunderstood property risks Creechurch Underwriters

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

Cyber insurance process becoming more rigorous for certain industry sectors, cyber risk conference hears

April 4, 2016 Jason Contant, Online Editor

The process to obtain cyber insurance may be more rigorous than it has been just a few years ago, even if it is a renewal, a speaker suggested last week at the 2016 International Cyber Risk Management Conference (ICRMC) in