Canadian Underwriter

Segment
Brokers


Feature Technology

Driving connectivity

February 6, 2020 Steve Whitelaw, Vice President, Industry Relations, Applied Systems

Brokers looking to achieve better connectivity with their insurer partners should focus on two core areas of their business

News Mergers and Aqcuisitions

Brokerlink, Hub announce latest acquisitions

February 5, 2020 by Jason Contant

BrokerLink, one of the largest property and casualty insurance brokerages in Canada, and a subsidiary of Intact Financial Corporation, has acquired Nova Scotia brokerage Major Brothers Limited. Located in Halifax and Dartmouth, Major Brothers has been providing personal and commercial

News BrokersInsuranceRisk

Brokers urged to help their commercial clients using these traditional, proven risk assessment tools

February 4, 2020 by David Gambrill

In addition to using modern data analytics, commercial brokers can use traditional, proven risk assessment tools to help business clients understand and cope with price increases in today’s hard market, says a veteran of three hard markets. Inspections have been

News BrokersInsuranceMergers and AqcuisitionsTechnology

Aon acquires Canadian-based cyber security firm

February 4, 2020 by Jason Contant

Aon plc has announced the acquisition of Cytelligence, a Canadian-based cyber security firm with deep expertise in cyber incident response and digital forensic investigations. London, UK-based Aon said Tuesday the acquisition will help the brokerage expand its current coverages within

News BrokersInsuranceMergers and Aqcuisitions

Western Financial acquires brokerage owned by two former IBAC presidents

February 4, 2020 by David Gambrill

Western Financial Group has acquired Orr & Associates, an independent brokerage in southwestern Ontario known for an experienced staff that includes two former Insurance Broker Association of Canada (IBAC) presidents, Ken Orr and Keith Wilson. Effective immediately, Orr & Associates

Feature Technology

Sending out an SMS

February 4, 2020 Adam Malik, Managing Editor

Your clients likely have cellphones and use them to text. What’s stopping brokers from communicating with clients using the technology they want?

Feature BrokersTechnology

Technology Outlook 2020

February 3, 2020 Greg Meckbach, Associate Editor

What major technology trends do you foresee in the property and casualty insurance industry in 2020? What new technologies will be on the brokers’ radar? We put these questions to a number of tech experts; their responses will inform your strategic thinking about tech.

News Insurance

Ending the confusion around nuclear exclusions

January 31, 2020 Colleen DeMerchant

Brokers may be excused when running for the hills as soon as a client mentions the word ‘nuclear,’ because they know that as soon as they turn around to a carrier for coverage, the conversation will end pretty quickly. But

News BrokersInsuranceRisk

How not to handle E&O liability as a broker

January 31, 2020 by Jason Contant

Brokers obviously want to protect themselves from errors’ and omissions’ liability. So why not get a client to sign a hold harmless agreement? In effect, a hold harmless agreement removes liability from one party in a business relationship (in this

News BrokersInsurance

Battle rages over whether private or public auto insurance is cheaper

January 30, 2020 by Jason Contant

The Insurance Brokers Association of British Columbia (IBABC) disputes the conclusions published in a recent report that B.C. drivers are paying up to 42% more for their auto insurance than those in neighbouring Alberta. Such an “apples-to-apples” comparison between jurisdictions

News BrokersInsuranceLegal

Three-year ban for broker convicted of misappropriating more than $16,000

January 27, 2020 by David Gambrill

The former branch office manager of a B.C. brokerage has been banned from being a broker for a minimum of three years after she was convicted for misappropriating more than $16,000 of Insurance Corporation of B.C. (ICBC) funds for personal

News BrokersInsuranceMergers and Aqcuisitions

Why brokerage M&A in Canada will slow down in 2020

January 24, 2020 by Jason Contant

Looking at the number of brokerage acquisitions already in January, you wouldn’t think merger and acquisition (M&A) activity is slowing down. But earlier this month, Willis Towers Watson reported that the global M&A market, with performance in steady decline since