Canadian Underwriter

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Brokers


News Insurance

Guess which brokers are in the running for Entrepreneur of the Year

July 26, 2019 by Greg Meckbach

The leaders of one of Atlantic Canada’s largest brokerages are finalists in EY Canada’s Entrepreneur Of The Year award program. Gina McFetridge and Michael Stack, president and CEO respectively of Archway Insurance, are among the finalists announced July 18 by

News BrokersInsurance

Navacord becomes sole Canadian affiliate of global broking business

July 23, 2019 by David Gambrill

Navacord, one of Canada’s largest commercial brokers, has joined global broking business Brokerslink as its latest affiliate in the North American region. Navacord trades under 15 different broker partner brands across Canada. Its unique ownership model is designed to support

News InsuranceLegal

How diligent note-taking helped this broker defend a lawsuit

July 22, 2019 by Greg Meckbach

Keeping meticulous files is one reason an Ontario cottage country brokerage was largely successful in defending a lawsuit from a homeowner client. In Monk v. Farmers’ Mutual Insurance Company (Lindsay) released this past Friday, the Court of Appeal for Ontario

News Brokers

Why this hard market is different than past hard markets

July 19, 2019 by Adam Malik

Cancelled contracts. Price shoppers. Frustrated clients. Brokers are facing no shortage of challenges as the market gets tighter. Younger brokers are entering their first foray into a hard market. But even for those of a certain vintage, this one feels

News BrokersEmployment

Some questionable items employees have expensed

July 18, 2019 by Adam Malik

If you haven’t been paying attention to your employees’ expense reports, you may want to take a closer look. A recent study has found that despite strict guidelines around expense reporting, a number of questionable items are still being submitted

News Brokers

Why you should accelerate your digital expansion

July 17, 2019 by Adam Malik

Growing your bottom line and developing a stronger bond with clients are just two reasons why brokerages need to ensure their online presence is strong, according to a recent study. Brokers also need to use every tool at their disposal

News Insurance

Three senior Marsh Canada executives move to Willis Towers Watson

July 17, 2019 by Greg Meckbach

Alexandra (Lexie) Kindbom, until recently managing director of Marsh Canada, is now in charge of financial, executive and professional risks in Canada for Willis Towers Watson, a major competitor to Marsh. Two other former Marsh Canada executives – Susan Finbow

News BrokersInsuranceMarkets / Coverages

One broker’s view on obtaining medical marijuana coverage for clients

July 16, 2019 by Jason Contant

What’s the market like for medical marijuana insurance coverage? “The market has contracted and it’s just far more difficult now [because of] a smaller number of pools to draw from,” Eric Lock, a Kelowna, B.C.-based broker with AC&D Insurance, said

News Brokers

Why brokers should embrace A.I.

July 15, 2019 by Adam Malik

Several industries may fear the impact of new technology in the workplace, but at least one Canadian broker says insurance brokers have every reason to welcome it. Artificial intelligence, for example, would allow brokers to drop the mundane tasks that

News BrokersInsuranceMergers and Aqcuisitions

Quebec’s largest brokerage merges with actuarial consulting firm

July 15, 2019 by Jason Contant

Quebec’s largest independent insurance brokerage, Lussier Dale Parizeau (LDP), has merged with actuarial consulting firm Samson Consulting Group. Samson Consulting Group, based in Terrebonne, Que., offers employee benefits support services to medium and large companies, trade unions and professional associations.

News Insurance

Observations on cyber from Canadian Lloyd’s coverholder

July 15, 2019 by Greg Meckbach

Your commercial clients may be able to get cyber insurance with fewer underwriting questions than in the past, but you should still pay close attention to those clients’ risk management practices, the head of a Toronto managing general agent suggests.

News Brokers

How do you drive growth in a hard market: Through new or existing clients?

July 12, 2019 by Adam Malik

A pair of brokers have notably different strategies when it comes to finding growth during these days of tightening markets. For Myles Kuharski, commercial lines account executive at Gillons Insurance in Thunder Bay, Ont., the sound of the phone ringing