Segment
Brokers
How one of Canada’s largest brokerages is handling COVID-19
March 23, 2020 by David GambrillA pandemic triggers a state of emergency. You have 24 hours to shut your doors to customer walk-in traffic and protect 1,900 of your brokers and support staff across Canada from catching and spreading the novel coronavirus. Even for smaller brokerages, it…
COVID-19: What Northbridge is doing to navigate forward
March 20, 2020 by Adam MalikAll Northbridge employees are working from home and the company doesn’t expect any disruption on service levels, according to the carrier. Northbridge told Canadian Underwriter that its top priority is the health and wellness of its employees, brokers, and customers.…
COVID-19: How Aviva Canada is conducting its business
March 20, 2020 by Adam MalikAviva Canada is ensuring that its efforts to keep employees safe will not impact service during the COVID-19 pandemic that is forcing companies from all industries to change the way they do business. The country’s second-largest carrier has 97% of…
Speculative ripple effects of the Aon-Willis merger on the Canadian reinsurance scene
March 20, 2020 by David GambrillAon plc’s announced agreement to acquire Willis Towers Watson in early March for $30-billion in an all-stock deal raises a host of interesting speculative possibilities for Canada’s reinsurance market, a former reinsurance executive in Canada told Canadian Underwriter recently. Among…
How a regulator made it easier for P&C industry to social-distance
March 19, 2020 by Greg MeckbachBritish Columbia’s broker regulator has temporarily its loosened rules governing the workplace location of Level 1 salespeople, allowing them to work from home during the COVID-19 pandemic. The temporary rule change took effect Thursday. “The Insurance Council of BC shares…
COVID-19: What this association wants its members to do during this time
March 19, 2020 by Adam MalikThe Insurance Brokers Association of Alberta is calling on its members to take necessary precautions amid the COVID-19 pandemic, including closing offices. The group is also temporarily shuttering its offices but will try to ensure members can still get their…
How brokers are responding to Canada’s economic support announcement
March 18, 2020 by Adam MalikThe Insurance Brokers Association of Canada (IBAC) is welcoming the federal government’s announcement of a slew of measures to assist Canadian employees, consumers, and businesses throughout the COVID-19 pandemic. Prime Minister Justin Trudeau announced that the financial aid, worth about…
COVID-19: A brokerage’s guide to working from home
March 17, 2020 by Adam MalikBrokerages that don’t have a pandemic or business continuity plan in place that allows employees to work from home could follow the lead of one Ontario brokerage that is trying to recreating the office workspace experience in their employees’ homes.…
What Intact is doing during COVID-19
March 17, 2020 by Adam MalikIntact Insurance employees are working from home and the company has created a dedicated team to keep an eye on developments during the COVID-19 pandemic, the company told Canadian Underwriter. “We are taking steps as needed to keep our people…
How liability insurance responds (or not) to COVID-19
March 16, 2020 by Greg MeckbachIf your clients are sued as a result of the COVID-19 pandemic, don’t assume they will be covered by a commercial general liability policy. General liability policies have exclusions; and for COVID-19, the most relevant exclusion is probably pollution, suggested…
Brokerage stops walk-ins, tells staff to work from home
March 16, 2020 by Adam MalikNo clients will be walking through the doors of at least one Alberta brokerage, thanks to fears around spreading coronavirus in the office. Leibel Insurance Group has closed its doors to client visits and told all employees to work from…
What a ‘made-in-Alberta’ no-fault auto insurance regime would look like
March 13, 2020 by Adam MalikMoving to a no-fault system would help alleviate the pressures being put auto insurance costs in Alberta, and would be a unique model in the Canadian market, according to the head of the province’s brokers. “We feel this will kick…