Segment
Brokers
Team Approach
May 31, 2013 David BorthwickBefore carrying out modifications on the home of a catastrophically impaired motor vehicle accident victim, you need an assessment from both an occupational therapist and a housing expert.
B.C. judge quashes order requiring insurer to review all credit score consent forms obtained since 2004
May 30, 2013 by Canadian UnderwriterA British Columbia court ruled last week in favour of Economical Mutual Insurance Company when it set aside orders from the province’s Information and Privacy Commissioner that would have required the carrier and its brokers to review all credit score…
Marsh Canada offers clients access to cargo theft analytic tools
May 30, 2013 by Canadian UnderwriterMarsh Canada is the latest company to join the CargoNet and National Equipment Register (NER), efforts aimed at preventing cargo and heavy equipment theft and improving theft recovery rates. Marsh’s clients will now have access to CargoNet and NER’s data…
Boiler Inspection and Insurance Co. combines equipment breakdown, data compromise coverage in one package
May 28, 2013 by Canadian UnderwriterThe Boiler Inspection and Insurance Company of Canada announced Tuesday it is combining equipment breakdown insurance with coverage for data compromise and identity recovery in one policy, known as All Systems Go Plus. The company said brokers are able to…
Ontario brokers urge young drivers to stay sober this summer, as impaired driving incidents increase
May 23, 2013 by Canadian UnderwriterMore than 90,000 impaired driving incidents were reported by police in 2011 in Canada, up by roughly 3,000 over the year prior, the Insurance Brokers Association of Ontario noted this week as part of an ongoing safety campaign aimed especially…
Transparency key for brokers to retain customer confidence, keep their brand positive
May 17, 2013 Greg Meckbach, Associate EditorProspective insurance clients are becoming more sophisticated, carriers and brokers need to provide full disclosure to their clients and one misstep can ruin your brand, suggests Bob Dempsey, president and chief operating officer of the Guarantee Company of North America.…
Telematics could help reduce Ontario auto premiums, insurer president says
May 17, 2013 Greg Meckbach, Associate EditorPolitical pressure to force insurance carriers to reduce auto premiums in Ontario is caused in part by public cynicism, but telematics may be part of the solution, suggests Bob Dempsey, president and chief operating officer of The Guarantee Company of…
Western Financial makes deal to buy B.C. insurance services firm
May 16, 2013 by Canadian UnderwriterInsurance brokerage Western Financial Group announced Thursday it has reached an agreement to purchase Coast Capital Insurance Services Ltd. (CCIS), a subsidiary of the country’s largest credit union by membership, for an undisclosed amount. CCIS, a subsidiary of Coast Capital…
Guarantee COO advises carriers, brokers to diversify as world becomes “full of extremes”
May 15, 2013 Greg Meckbach, Associate EditorWith extreme weather patterns, protests that shut down cities and sudden economic downturns, it’s becoming more important for insurance carriers and their brokers to offer a wider variety of coverage, suggests Bob Dempsey, president and chief operating officer The Guarantee…
Consumers willing to embrace vehicle tech for lower insurance, maintenance costs: survey
May 15, 2013 by Canadian UnderwriterConsumers are showing openness to using technology for better tracking of vehicle maintenance needs and potential lower insurance costs, notes a new report from networking giant Cisco Systems. In its Customer Experience Report on vehicle buying and driving experience, the…
E-signatures, commercial lines among CSIO’s upcoming focus areas
May 15, 2013 by Canadian UnderwriterThe Centre for Study of Insurance Operation (CSIO) is working to build on the progress it has made over the past year to transform its vision to improve broker channel efficiencies and deliver leading-edge technology standards from words to concrete…
IBC launches education campaign for young drivers in Quebec
May 14, 2013 by Canadian UnderwriterThe Insurance Bureau of Canada and the Groupement des assureurs automobiles (GAA) have launched a new awareness campaign around insurance and claims for young drivers in Quebec, after survey results revealed that they are often undereducated on those issues and…