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News BrokersInsuranceLegal

After a seven-year, $33K insurance settlement, claimant disputes his $5K legal bill

August 9, 2018 by David Gambrill

A seven-year lawsuit against a B.C. insurance brokerage that settled for $33,000 ultimately led to a legal dispute between the claimant and his lawyer over a $5,124 legal bill. The claimant, Larry Jones, sued his insurance brokerage, RHC Insurance Agency

News BrokersInsurance

Online sales without broker intervention: Where Wawanesa stands

August 9, 2018 by Jason Contant

Now that Wawanesa Mutual Insurance Company will soon be selling exclusively through brokers in Quebec, what does it think about online sales without the intervention of a broker? “I’m not a big fan of quote and buy online, because I

News Brokers

Why Wawanesa doubled down on the broker channel

August 8, 2018 by Jason Contant

Wawanesa Mutual Insurance Company’s recent decision to sell exclusively through independent brokers in Quebec was prompted in part by Bill 141, which requires brokerages to have at least three distribution agreements in place for personal lines with insurers that are

News InsuranceMarkets / CoveragesMergers and Aqcuisitions

How Quebec’s largest insurance brokerage just got larger

August 8, 2018 by David Gambrill

Quebec’s largest insurance brokerage, Lussier Dale Parizeau, just got larger with the acquisition of Trinome Conseils. Trinome Conseils assists companies, associations and groups at the provincial and national levels with group insurance, pension plans, occupational health and safety, human resources

News BrokersInsuranceMergers and Aqcuisitions

Canada’s fifth-largest brokerage expands with addition of Paisley-Manor

August 7, 2018 by Jason Contant

National commercial brokerage Navacord Inc. welcomes Toronto-based brokerage Paisley-Manor Insurance Brokers Inc., the third broker partner to join Navacord in 2018. Navacord trades under 10 different broker partner brands throughout Ontario, Alberta and British Columbia. Independent commercial insurance brokerage Paisley-Manor

News InsuranceTechnology

The next steps to making IBAC Data Exchange a reality

August 3, 2018 by Greg Meckbach

Brokers who spend too much time typing information into two different computer systems are getting help from the Insurance Brokers Association of Canada, and IBAC is looking for help on some new working groups. IBAC aims to have some working

News BrokersMarkets / CoveragesMergers and Aqcuisitions

Will Archway expand outside of Nova Scotia and New Brunswick?

August 3, 2018 by Jason Contant

One of Atlantic Canada’s largest brokerages, Archway Insurance, may be looking to eventually move outside of the two provinces where it currently does business: Nova Scotia and New Brunswick. On Aug. 1, Archway announced that it had added its 24th location

News BrokersTechnology

Why Canada is said to be ahead of U.S. on real-time data exchange

August 2, 2018 by Jason Contant

When it comes to real-time data exchange, the insurance industry in Canada seems to be more on the right path than south of the border, said the CEO and co-founder of an insurtech in the United States that recently incorporated

News Insurance

Insurance Hunter, Southland among brokers now owned by Hub

August 2, 2018 by Greg Meckbach

A Windsor, Ont.-based online brokerage that promises consumers seven quotes in three minutes is one operation now owned by Hub International Ltd. Chicago-based Hub announced Thursday it has acquired the property and casualty business of Cypher Systems Group, the corporate

News BrokersInsuranceMergers and Aqcuisitions

Western acquires Toronto brokerage, deepens expansion into Ontario

August 1, 2018 by David Gambrill

Western Financial Group Inc. continues to expand in Ontario, acquiring Toronto-based DMW Insurance Ltd. “As the largest insurance broker in western Canada, we recognize the importance of being able to bring our expertise and care for customers into Ontario, the

News AssociationsBrokersInsuranceTechnology

Why carriers should share with their competitors

August 1, 2018 by Greg Meckbach

Insurance carriers selling through brokers should share, with competitors, some of the software they make to exchange data with brokers’ computer systems, speakers suggested Wednesday at the Data Exchange (D/X) launch. “We need to communicate more quickly and efficiently with

News BrokersInsurance

Wawanesa to discontinue direct channel, sell exclusively through brokers in Quebec

August 1, 2018 by Jason Contant

Wawanesa Mutual Insurance Company announced Wednesday that that it will sell its insurance products exclusively through independent Quebec insurance brokers, discontinuing direct sales to customers in the province. With this move, Wawanesa will be selling solely through brokers in all