Canadian Underwriter

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Brokers


News BrokersInsuranceMergers and Aqcuisitions

Hub acquires Alberta brokerage specializing in commercial lines

May 3, 2018 by Greg Meckbach

Carlton Insurance Brokers Inc. of Jasper, Alta., a full service brokerage that specializes in commercial auto and oil and gas, has been acquired by Hub International Limited. Carlton places insurance for a variety of clients including trucking companies and the

News BrokersInsuranceMergers and Aqcuisitions

Archway snaps up Bay Insurance & Financial in local merger deal

May 3, 2018 by Jason Contant

Bay Insurance & Financial, a smaller brokerage in Tantallon, Nova Scotia, has merged with one of Atlantic Canada’s largest brokerages, Archway Insurance. Bay Insurance’s existing location on Peggy’s Cove Road in the heart of the St. Margaret’s Bay Area will

News AssociationsInsuranceTechnology

Industry close to consensus on insurer-broker connectivity

May 2, 2018 by Jason Contant

The insurance industry in Canada is getting close to consensus on connectivity between insurance brokers and carriers, an Applied Systems executive said Tuesday at the company’s Executive Symposium in downtown Toronto. “I truly believe that we are fairly close to

Feature Technology

7 ideas for automating your business to promote growth

May 1, 2018 Greg Meckbach, Associate Editor

Opportunity exists to automate tasks, allowing you to generate new business by working smarter and not harder. Here are some quick and easy ways to use technology to your advantage

insPRESS BrokersInsuranceTechnology

Westminster Mutual Insurance Company unveils online quoting as part of their continuing approach to digital innovation using Mutual Concept Computer Group’s Online Quoting Solution

May 1, 2018 by Ian Portsmouth

BELMONT, ON, May 1, 2018 /insPRESS/ – Westminster Mutual Insurance Company (WMIC) introduces automobile and property online quoting to its brokers, agents and consumers through partnership with Mutual Concept Computer Group Inc. (MCCG).  Westminster’s solution, https://onlinequote.wmic.ca, guarantees the consumer has

News BrokersInsuranceMarkets / Coverages

After Toronto van attack, what should brokers tell their rental firm clients?

April 30, 2018 by Greg Meckbach

The van attack that killed 10 people and wounded 14 in Toronto Monday highlights the importance of brokers giving proper coverage advice to fleet owners, an insurance defence lawyer says. Eric Grossman, founding partner of Zarek Taylor Grossman Hanrahan LLP,

News InsuranceTechnology

16 carriers support broker study on API data connectivity

April 30, 2018 by David Gambrill

Ontario brokers have garnered the support of at least 16 insurance companies and “all key broker technology vendors” to participate in a study on data connectivity. The study includes discussion about an Application Programming Interface (API) tech model that would

News BrokersInsuranceTechnology

Insurer needs an online sales solution, so it invests $3 million in a brokerage

April 27, 2018 by Jason Contant

Saskatchewan Government Insurance (SGI) has purchased a 15% stake in a Calgary-based online brokerage, a move designed to help the insurer develop real-time data exchange capabilities to sell products online. “This is an investment in a brokerage, not an acquisition,”

News AssociationsBrokersInsurance

Hockey team’s brokerage focuses on supporting staff affected by Humboldt bus crash

April 24, 2018 by Jason Contant

One Saskatchewan brokerage is still trying to determine how best to support staff whose children knew some of the players fatally injured in the Humboldt bus crash earlier this month. Tracy Rogoza, chief operating officer of Knight Archer Insurance, the

News BrokersInsuranceLegal

Broker fined for out-of-province licensing muddle

April 24, 2018 by David Gambrill

The Insurance Council of Manitoba has fined Randolph McGlynn of Advocis Brokers Services Inc. $2,000 for attesting that two agents were licensed to do business in Manitoba when in fact they never held agent licenses in the province. Instead, the

News InsuranceLegislation / Regulation

Keep banking and insurance separate: IBAC

April 20, 2018 by Jason Contant

The Insurance Brokers Association of Canada (IBAC) is welcoming explicit restrictions on banks’ business powers related to insurance contained in Bill C-74, but wants to make sure the historical separation between banks and insurance continues. The federal government’s recently introduced

News InsuranceMarkets / CoveragesTechnology

When will brokers, insurers and consumers all be able to connect in real-time?

April 17, 2018 by Jason Contant

With work continuing to enable real-time data exchange between brokers and insurers, the next logical step would be to bring consumers into the fold. Pat Durepos, leader at software vendor Keal Technology, said that he sees consumer access to data