Fitch Ratings released Thursday a report on the U.S. insurance brokerage industry, noting top-line revenue growth has “not changed significantly” this year but operating earnings for its index of five firms was up 15%. The average reported revenue growth for…
Canadian Broker Network and Intact Financial Corp. announced Wednesday that they have reached an agreement whereby CBN will acquire Intact affiliate South Western Insurance Group Ltd., a wholesale insurance intermediary that provides brokerages with specialty and niche insurance markets. Terms…
Analytical research firm MSA Research is launching a new conference targeted toward brokers, MGAs and insurers involved in the commercial space in Canada. The first Canadian Commercial Insurance Summit (CCIS) will take place June 23 to 25, 2013 in Muskoka, Ont.…
1 Mark Wilson [1], a CEO of AIA Group Ltd. until 2010, will assume the helm as CEO of London-based Aviva PLC on January 1, 2013. Wilson, a former CEO of AXA Asia Pacific Holdings Ltd. and former CEO of…
Audatex, the world leader in information data, technology software, and services for the automobile and insurance claims processing industry, is pleased to announce the appointment of Vic Wiwchar as Director of Business Development for the Insurance Claims Services division of…
How Ontario Represents a Key Test Ground for Increased Supervision
STRONE, an emergency and restoration company headquartered in Oakville, Ontario, is pleased to announce the opening of its new location in Sudbury, at 1739 Old Falconbridge Road. STRONE has provided emergency and restoration services to the insurance and facility management…
Event data recorders, aka vehicle “black boxes,” are at a tipping point
Concordia Collision Centres and Assured Automotive announced in November the establishment of a joint venture between their respective organizations for the Greater Ottawa market. This Joint Venture includes the two Concordia Collision Centres combined with the recently acquired Assured Frank…
Understanding, Motivating and Retaining the New Generation Workforce
SPECS Limited, the country’s leading provider of independent property damage and construction consulting services is pleased to announce the appointment of Andrew Ross as the new Director of Operations. In his new role, Andrew will oversee all aspects of the…
Driving Assessment, Road Safety and Catastrophic Impairment Determination