Canadian Underwriter

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News BrokersEmployment

Some questionable items employees have expensed

July 18, 2019 by Adam Malik

If you haven’t been paying attention to your employees’ expense reports, you may want to take a closer look. A recent study has found that despite strict guidelines around expense reporting, a number of questionable items are still being submitted

News Brokers

Why you should accelerate your digital expansion

July 17, 2019 by Adam Malik

Growing your bottom line and developing a stronger bond with clients are just two reasons why brokerages need to ensure their online presence is strong, according to a recent study. Brokers also need to use every tool at their disposal

News Insurance

Three senior Marsh Canada executives move to Willis Towers Watson

July 17, 2019 by Greg Meckbach

Alexandra (Lexie) Kindbom, until recently managing director of Marsh Canada, is now in charge of financial, executive and professional risks in Canada for Willis Towers Watson, a major competitor to Marsh. Two other former Marsh Canada executives – Susan Finbow

News BrokersInsuranceMarkets / Coverages

One broker’s view on obtaining medical marijuana coverage for clients

July 16, 2019 by Jason Contant

What’s the market like for medical marijuana insurance coverage? “The market has contracted and it’s just far more difficult now [because of] a smaller number of pools to draw from,” Eric Lock, a Kelowna, B.C.-based broker with AC&D Insurance, said

News Brokers

Why brokers should embrace A.I.

July 15, 2019 by Adam Malik

Several industries may fear the impact of new technology in the workplace, but at least one Canadian broker says insurance brokers have every reason to welcome it. Artificial intelligence, for example, would allow brokers to drop the mundane tasks that

News BrokersInsuranceMergers and Aqcuisitions

Quebec’s largest brokerage merges with actuarial consulting firm

July 15, 2019 by Jason Contant

Quebec’s largest independent insurance brokerage, Lussier Dale Parizeau (LDP), has merged with actuarial consulting firm Samson Consulting Group. Samson Consulting Group, based in Terrebonne, Que., offers employee benefits support services to medium and large companies, trade unions and professional associations.

News Insurance

Observations on cyber from Canadian Lloyd’s coverholder

July 15, 2019 by Greg Meckbach

Your commercial clients may be able to get cyber insurance with fewer underwriting questions than in the past, but you should still pay close attention to those clients’ risk management practices, the head of a Toronto managing general agent suggests.

News Brokers

How do you drive growth in a hard market: Through new or existing clients?

July 12, 2019 by Adam Malik

A pair of brokers have notably different strategies when it comes to finding growth during these days of tightening markets. For Myles Kuharski, commercial lines account executive at Gillons Insurance in Thunder Bay, Ont., the sound of the phone ringing

News BrokersMergers and Aqcuisitions

American brokerage continues Canadian expansion

July 11, 2019 by Adam Malik

United States brokerage NFP has acquired Toronto-based McLean Hallmark Insurance Group as part of its strategy to expand into the Canadian market. McLean Hallmark has offices in Toronto, Markham and Mississauga and Halifax. It offers property and casualty coverage in

News Brokers

How brokers can talk clients out of declining coverages

July 10, 2019 by Adam Malik

Companies looking to save a few bucks by declining certain insurance coverage options are putting themselves at risk, and it’s up to brokers to ensure their clients understand the consequences. What do you tell a commercial client who doesn’t want

News Insurance

U.K. tech company acquires Canadian broker software provider

July 10, 2019 by David Gambrill

B.C.-based Zycomp Systems Limited, a Canadian software provider widely known for its broker management system Power Broker, has been acquired by Acturis Group, a London, U.K.-based software as a service (SaaS) provider. Founded in 2000, Acturis provides technology solutions to

News BrokersInsurance

Premier promises to take PST off home insurance

July 9, 2019 by Adam Malik

Insurance premiums are taking a starring role in Manitoba’s provincial election. Manitoba Premier Brian Pallister has pledged to drop provincial sales tax from home and renters’ insurance should he be re-elected in this fall’s election. The announcement received positive reviews