Segment
Brokers
Fraud Detection
May 1, 2011 James Daw, senior writer, Insurance Bureau of CanadaOntario has embraced the potential of claims data collected by Health Claims for Auto Insurance (HCAI) to fight auto insurance fraud.
The Evolution of Auto Reforms
May 1, 2011 James I. Cameron, president, Cameron & Associates Insurance ConsultantsJust a few weeks ago, one insurer announced a record loss of $1.2 billion on Ontario auto insurance, increasing the entire industry’s loss ratio by almost 5%, up to 99.4%. How did we get to this point? If we review…
Insuring Right Hand Drive
May 1, 2011 Michael Kent, president, Right Drive Inc.A trend of importing right-hand-drive vehicles to Canada has raised concerns that underwriters and insurance companies will walk away from coverage
Moves & Views
May 1, 2011 by Canadian UnderwriterCatlin Canada has appointed Stan Chlon as its product manager of property. Chlon has more than 35 years of experience in the insurance industry as a commercial property underwriter and manager. He has been employed at a major commercial insurer…
Economical Insurance Cornerstone Award
May 1, 2011 by Canadian UnderwriterSiobhan Usher-Post of National Brokers Insurance Services Inc. was awarded the prestigious Economical Insurance Cornerstone Award for 2010. Giuliano Manazzone, general manager of metro operations, and Bruce Churchman, business development manager, both of The Economical Insurance Group, presented industry veteran…
Past PGA Championship winner joins Signature Risk Partners
April 25, 2011 by Canadian UnderwriterSignature Risk Partners Inc., a Canadian golf club and winery insurer, has welcomed former Canadian PGA Championship winner Ashley Chinner as its director of golf.“Ashley brings nearly 10 years of commercial golf insurance experience and he will be a tremendous…
Social media insurance on the horizon: cbc.ca
April 25, 2011 by Canadian UnderwriterCanadian brokers may soon be able to offer corporations – and eventually individuals – coverage for social media posts that have damaged a reputation or created a liability, cbc.ca reported.Malcolm Randles, an underwriter for Kiln, a subsidiary of Lloyd’s of…
Iter8 launches broker portal for North Waterloo Farmers Mutual Insurance
April 25, 2011 by Canadian UnderwriterIter8 Inc. has launched a new broker portal for North Waterloo Farmers Mutual Insurance Company. The portal provides automated underwriting at the point of sale, enabling straight-through processing and real-time quoting and new business submissions for auto products.The portal is…
Nova Scotia court grants motion to determine insurance coverage issue, although facts remain in dispute
April 21, 2011 by Canadian UnderwriterUsing a new procedural rule designed to expedite proceedings, the Supreme Court of Nova Scotia has allowed an insurance case to proceed to determine “a question of law” – i.e. whether an insurance policy coverage limit was $400,000 or $19…
Hagerty launches broker referral program for Canadian marine product
April 21, 2011 by Canadian UnderwriterHagerty Classic Marine has launched a broker referral program for its Canadian product. The initiative allows brokers in Canada to refer collector boat insurance clients and receive commission for new and renewal business. There are no brokerage minimum volume requirements.…
IBAO launches pilot program to educate and challenge brokers
April 18, 2011 by Canadian UnderwriterThe Insurance Brokers Association of Ontario (IBAO) has launched a pilot program designed to educate and challenge brokers by examining and exploring cutting-edge business ideas.‘Beyond Best in Class’ (BBiC) aims to set a new standard of excellence for brokers, an…
WICC honours IBAO with Gold Flame Award
April 14, 2011 by Canadian UnderwriterThe Women in Insurance Cancer Crusade (WICC) honoured the Insurance Brokers Association of Ontario (IBAO) with its Gold Flame Award at WICC’s 15th annual gala dinner in Toronto on Apr. 13.The award recognizes individuals or organizations making donations that exceed…