Segment
Brokers
Brokers cannot rely solely on mandatory mailings related to Ontario auto reforms: lawyer
April 11, 2011 by Canadian UnderwriterBrokers relying solely on the mandatory mailings explaining the new optional benefits scheme in Ontario’s auto insurance regime may find themselves liable, cautioned Stephen R. Moore of Blaney McMurtry LLP.Moore spoke during the Canadian Defence Lawyers Accident Benefits Conference in…
Ontario insurance regulator to review compliance with auto reforms, suitability of product recommendations
April 11, 2011 by Canadian UnderwriterOntario’s insurance regulator, the Financial Services Commission of Ontario (FSCO), is planning to conduct a number of market conduct reviews in 2011 – one to assess compliance with the province’s auto insurance reforms, and another one concerning the suitability of…
Little differentiation between insurers in marketplace: IBAO survey
April 7, 2011 by Canadian UnderwriterBrokers see little differentiation between insurers in the marketplace, according to the Insurance Brokers Association of Ontario (IBAO)’s latest Brokers Choice survey. IBAO worked with Navicom Inc. to create a comprehensive questionnaire that explored brokers’ views of insurers’ performance in…
The Co-operators releases sustainable meeting guide
April 6, 2011 by Canadian UnderwriterThe Co-operators released a guide to help organizations and people reduce the impact that meetings, conferences and trade shows have on the environment. More than 80 million people around the world attend a meeting, conference or trade show every year,…
Hub International buys four additional Alberta-based brokerages from the Phoenix Insurance Group
April 5, 2011 by Canadian UnderwriterHub International Limited (Hub), an insurance brokerage firm, has acquired the assets of four middle market agencies that operate as part of the Phoenix Insurance Group Inc. (Phoenix), a cluster partnership of various Alberta-based brokerages. Terms of the acquisitions were…
Untangling a Spider Web of Connectivity
April 1, 2011 David Gambrill, EditorInsurance Brokers Association of Canada (IBAC) technology champion Sheldon Wasylenko has found himself squarely in the middle of an industry effort to untangle a spider web characterizing broker and carrier connectivity.
Stuck in the Middle
April 1, 2011 Craig Harris, Freelance WriterAlberta’s insurance brokers insist a recently enacted, three-province free trade agreement must be not only free, but also equal.
Commercial Opportunity
April 1, 2011 Craig Harris, Freelance WriterAn electronic exchange for quoting, placing and binding medium-sized commercial risks is up and running in the United States. Does the LexisNexis Insurance Exchange hold any lessons for Canada?
The Modern Insurance Professional
April 1, 2011 Frank Cain, Michael Palermo & Associates Insurance Ltd.Strangely, many contemporary insurance terms do not appear in the seminal insurance and business glossaries published three decades ago.
Insuring a Good Reputation
April 1, 2011 Erin Flett, Senior Underwriter, Management & Professional Liability, R&Q Risk Services Canada Ltd.As technology advances, so too must insurance coverage of data security and reputational risks.
Sophisticated Analysis
April 1, 2011 David Gambrill, EditorThe Economical Mutual Insurance Company wants to improve understanding of sophisticated methods used to determine more individualized premium rates.
Joint Forces
April 1, 2011 Vanessa Mariga, Associate EditorManagement groups and broker networks are becoming more popular in response to the current environment of consolidation and increased competition.