Canadian Underwriter

Segment
Brokers


News BrokersInsurance

Videoconferencing brokers setting sales records during pandemic

February 11, 2021 by David Gambrill

Videoconferencing brokers shattered sales records in top-tier brokerages across the country during the pandemic, senior brokerage executives reported in a recent Canadian Underwriter webinar. The results suggest virtual sales are at least as effective — if not sometimes more effective

News Insurance

How Canadian brokerages are addressing systemic racism

February 10, 2021 by David Gambrill

Sensational news stories about racial injustice in 2020 have prompted Canadian P&C insurance brokerages to take a corporate stand against racism and promote diversity and inclusion within their ranks, brokerage leaders observed in a recent Canadian Underwriter webinar. Black Lives

News Insurance

Licensing exams now offered in a virtual format

February 9, 2021 by Jason Contant

Licensing exams for Ontario’s brokers are now available in an online, virtually-proctored format, the result of a partnership between the Insurance Institute of Canada and Ontario’s broker regulator RIBO (Registered Insurance Brokers of Ontario). “This is welcome news to many

News Insurance

Deal Tracker: The latest in brokerage M&A

February 4, 2021 by Jason Contant

The number of mergers and acquisitions in the Canadian P&C insurance space (mostly involving brokerages) has hit double digits already this year, with two large brokerages contributing to the latest round of deal-making. Hub International announced Tuesday that it had

News Insurance

Joseph El-Sayegh joins Quebec brokerage Lussier Dale Parizeau

February 3, 2021 by Jason Contant

The former president and CEO of reinsurer SCOR Canada, Joseph El-Sayegh, has joined Quebec brokerage Lussier Dale Parizeau (LDP). LDP announced El-Sayegh’s appointment as regional vice president, commercial services and practice leader in risk management, effective Jan. 11. Among other

News Insurance

Canadian auto and property insurance rates headed in opposite directions

February 1, 2021 by Jason Contant

Average personal auto premium rates in Canada decreased 2.6% in 2020 Q4 compared to the same period in 2019, but some provinces did see an increase, according to the latest results from Applied Systems’ premium rate index. On average, both

News Brokers

How Aon Canada is promoting LGBT+ inclusion

January 29, 2021 by Greg Meckbach

Aon Canada plans to do a voluntary workforce survey, which would include questions about sexual orientation. Last year, the global insurance brokerage launched an employee self-identification campaign in the United States, said Sean Kavanagh-Lang, national broking director for operations, data

News Insurance

Your clients are more willing to share personal data for a better insurance deal

January 26, 2021 by David Gambrill

Consumers are increasingly willing to share their personal information with their insurers as long as it will help them prevent injury and loss, according to a recent consumer research conducted by Accenture. The caveat here is that consumers don’t trust

News Insurance

Senior execs to discuss a post-COVID world in the Canadian P&C industry

January 22, 2021 by David Gambrill

With the arrival in Canada of vaccines for the SARS-CoV-2 coronavirus, it’s now possible for the country’s property and casualty insurance industry to conceive of a post-COVID world. What will the Canadian P&C industry look like after September 2021? (This

News Insurance

The latest in brokerage deal-making

January 20, 2021 by Jason Contant

Brokerage NFP has expanded its property and casualty brokerage presence in Ontario with the acquisition of EdgeHill Insurance Brokers Ltd. The deal is the latest mergers and acquisitions news in the Canadian P&C space. Also in the news, Canadian Broker

News BrokersEmploymentInsurance

How Canada’s P&C professionals feel about working from home

January 19, 2021 by David Gambrill

Most Canadian P&C insurance industry professionals would like to see more hybrid, flexible working arrangements once the health threat of the global COVID-19 pandemic has subsided. “I’m not really keen to go back to five days a week [in the

News AssociationsBrokersClaims CanadaLegislation / RegulationRisk

RCCAQ reacts to Quebec curfew

January 18, 2021 by Greg Meckbach

Quebec’s insurance brokers should not experience any major disruptions as a result of the province-wide evening curfew imposed a week ago, the chair of the Regroupement des cabinets de courtage d’assurance du Quebec (RCCAQ) predicts. The curfew took effect on