Segment
Brokers
Where do you invest first to grow your business: People or machines?
July 2, 2019 by Adam MalikTo grow their business, broker principals would be wise to zero in on health, happiness and staff harmony as priorities. That’s the strategy going forward for many for Canadian businesses, according to a new study. Naturally, business owners are looking…
How much of your lunch are direct writers really eating?
July 2, 2019 by Greg MeckbachFeeling threatened by insurers who invest in a direct-to-consumer channel? Debate rages on about how much of your lunch directs could possibly eat, with commentators citing limits to the direct model. “I think there is always going to be a…
Is running your brokerage affecting your mental health?
June 28, 2019 by Adam MalikThe stress of being an entrepreneur is taking its toll on the mental health of small business owners. Whether it’s the anxiety related to cash flow issues, finding talent, or figuring how to make it all work at home and…
Another way to show off your expertise
June 26, 2019 by Adam MalikBrokers wanting to stay a step ahead of the competition and stand out from the crowd need to consider an untapped field: video. It’s an area with huge potential for insurance brokers, said Garrett Wasny, a Vancouver-based technology skills advisor…
Why insurers can expect claims from the Raptors parade
June 21, 2019 by Adam MalikIt won’t surprise at least one lawyer to hear about insurance claims stemming from the Toronto Raptors championship parade. There were plenty of exposures present during the event on June 17, mainly because of a lack of resources available and…
What open banking means for brokers
June 21, 2019 by Greg MeckbachBrokers should see open banking as more of an opportunity than a threat, a partner with EY Canada suggests. Open banking is a system in which consumers could consent to sharing their banking transaction data with other financial services providers,…
What brokers think of this tax change on auto insurance
June 20, 2019 by Jason ContantThe Insurance Brokers Association of Newfoundland and Labrador (IBAN) is happy with regulatory amendments that would eliminate the remaining 13% retail sales tax (RST) on auto insurance in the province. “IBAN is pleased to see the elimination of the RST…
How sports talk is good for company morale
June 19, 2019 by Adam MalikThe Toronto Raptors capped off their season with an NBA Championship – and their win can help give your employees a little more pep in their step when they come into work. It felt like everybody jumped on the bandwagon…
One way to minimize double entry of data
June 19, 2019 by Jason ContantOne question often on the minds of brokers is how do they better digitize their processes and minimize the amount of data they have to enter into various systems. “Our position is that data should be created in a digital…
Lussier Dale Parizeau continues M&A activity
June 18, 2019 by Jason ContantQuebec’s largest brokerage, Lussier Dale Parizeau, has merged with financial services firm Genius Financial Group. André Lussier, president of Lussier Dale Parizeau, announced the merger along with the four partners of Genius Financial Group: Jean-Pierre Gauvreau, Serge Gravel, Éric Émond…
Where does insurance fit in the technology puzzle?
June 18, 2019 by Adam MalikThe insurance industry needs to figure out how to leverage technology and ride the waves of change that other industries are seeing. From there, issues like finding talent will become easier, a panel recently told young brokers. Problem is, insurance…
Here’s how to hack your culture
June 17, 2019 by Adam MalikKeep it simple. Take small bites. Don’t put your career at risk. With that as a starting point, insurance companies can start to hack their culture, said Richard Natale, senior director analyst at research and advisory firm Gartner during its…