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Michael Buzzeo appointed new vice president of special risk division at ClaimsPro

September 20, 2012 by Canadian Underwriter

Michael J. Buzzeo has been appointed vice president of ClaimsPro Inc.’s special risk division (SRD), the company announced Sept. 20. An executive general adjuster with ClaimsPro, Buzzeo has a strong network nationally and internationally with brokers, underwriters, and clients, the

News InsuranceMergers and Aqcuisitions

FSCO issues warnings for auto and life insurance scams in Ontario

September 19, 2012 by Canadian Underwriter

The Financial Services Commission of Ontario issued three insurance scam warnings on Sept. 19. FSCO has warned that Trans Direct Insurance Co. is not licensed to do insurance business in Ontario. It also warned that two individuals, Jermaine Nathaniel Jones

News Insurance

Royal Premium enters Canadian marketplace

September 17, 2012 by Canadian Underwriter

Royal Premium Budget Canada Inc. announced its entry into Canada on Sept. 17, providing insurance premium financing in the Canadian marketplace. The company will offer customized financing through its affiliate, Burns & Wilcox Canada, a wholesale broker focused on specialty

A screen capture of the Insurance Companion smartphone app
News Insurance

IBRI releases mobile app for brokers

September 14, 2012 by Canadian Underwriter

The Independent Broker Resources Inc. (IBRI) has released a smartphone app for brokers, called the Insurance Companion. The app is available for Android, iPhone and Blackberry operating systems and will allow an insurance brokerage to have its own branded mobile

News Insurance

Applied Systems opens new data centre in Canada

September 13, 2012 by Canadian Underwriter

Insurance software company Applied Systems has announced the opening of its Canadian data centre. The new centre will meet what the Illinois-based company calls a growing demand for cloud-based brokerage management systems. The new facility is its third data centre

News Insurance

IDT911 expands in Canada to offer privacy breach services to insurers and businesses

September 13, 2012 by Canadian Underwriter

IDT911, an identity management and data risk management services provider, has expanded into Canada to help businesses minimize the chance of breaches and manage them when they occur. The Arizona-based company, which has offices in Toronto, partnered with Economical Insurance

News Insurance

Verisk Analytics launches information-sharing systems in Canada to fight cargo and heavy equipment theft

September 12, 2012 by Canadian Underwriter

Verisk Crime Analytics has launched two new national information-sharing systems for Canadian insurers and policyholders to fight cargo and heavy equipment theft. The CargoNet and National Equipment Register (NER) are already supported by several Canadian insurers and fleets, and law

News Insurance

New licensing program available in Saskatchewan

September 12, 2012 by Canadian Underwriter

Insurance professionals in Saskatchewan have recently gained access to a new Level 1 licensing program from ILScorp. The ILS Introduction to General Insurance (ILS IGI) program is now accredited by the Insurance Council of Saskatchewan, notes a statement from ILScorp,

News Earnings / RatingsInsurance

Western Financial Group acquires Winnipeg’s Orion Insurance Brokers

September 7, 2012 by Canadian Underwriter

Western Financial Group announced its acquisition of Orion Insurance Brokers Ltd. in Winnipeg on Sept. 7. Western, based in High River, Alberta, will add Orion’s Transcona office to its existing Winnipeg locations. Founded in 1993, Orion was purchased in 2008

News Climate ChangeEarnings / RatingsInsurance

Canadian P&C outlook stable to year-end: A.M. Best

September 6, 2012 by Canadian Underwriter

The outlook for the Canadian property and casualty market for the remainder of 2012 is stable, with a low level of change to companies’ ratings, notes a senior financial analyst with A.M. Best Company. This is despite economic uncertainty in

News InsuranceMergers and Aqcuisitions

Intact completes acquisition of Jevco Insurance

September 5, 2012 by Canadian Underwriter

Intact Financial Corporation today announced the completion of its $530-million acquisition of Jevco Insurance Company, a wholly owned subsidiary of The Westaim Corporation. The acquisition of JEVCO, a leading provider of specialty and niche insurance products for individuals and businesses

Stephen Halsall, incoming president, Insurance Brokers Association of Canada,
Feature

True Believer

September 1, 2012 Angela Stelmakowich, Editor

Stephen Halsall, the incoming president of the Insurance Brokers Association of Canada, has his sights on a familiar road ahead.