Canadian Underwriter

Segment
MGAs

Businessman Standing At Edge Of Cliff
News Insurance

Which cyber risks lurk on the horizon?

September 23, 2021 Canadian Underwriter Staff

As brokers grapple with an evolving cyber insurance market, one managing general agent is looking ahead to help the industry keep pace. George Bozanin, managing partner and head of business development with Coalition Insurance Canada, told Canadian Underwriter the post-pandemic

News Insurance

UK-based MGA expands into Canada

September 23, 2021 by Jason Contant

London, United Kingdom-based managing general agent Landmark Underwriting has expanded into Canada with the opening of an office location in Toronto. Landmark (Canada) Ltd. o/a Landmark Underwriting recently obtained the Registered Insurance Brokers of Ontario (RIBO) licence and is now

News InsuranceTechnology

How insurtech is making ‘significant inroads’

September 20, 2021 by Greg Meckbach

Canada has hundreds of new insurtech startups and some of them can help you give consumers the experience they have come to expect from other industries, speakers suggested during the 2021 A.M. Best Canada Insurance Market Briefing. “I think our

A Computer System Hacked Warning
News Insurance

Understanding cyberattack techniques can improve your game

September 20, 2021 Canadian Underwriter Staff

Knowing the most common cybersecurity attacks can help brokers better advise their clients on risk mitigation strategies, a Canadian cyber insurance provider has said. Selling cyber policies remains a concern for many brokers, who are struggling to keep up with

News Insurance

How one MGA keeps employees moving — virtually

September 15, 2021 Brooke Smith

You may not know the Mayo Clinic’s Dr. James Levine. But you’ve likely heard his now-famous phrase: “Sitting is the new smoking.” With many employees sitting in front of a computer in the comfort of their homes for the past

News Insurance

Insurer, MGAs give employees more time off during pandemic

September 14, 2021 Brooke Smith

The pandemic has spurred MGAs and one insurer to offer additional paid time off and be more generous with their vacation policies. AXA Group announced Sept. 7 that it was giving its 153,000 employees worldwide two additional paid days off

A Computer System Hacked Warning
News Insurance

Brokers should focus on prevention in the cyber sales conversation, suggests MGA

September 9, 2021 Canadian Underwriter Staff

Brokers need to change the way they sell cyber insurance and focus on preventing cyberattacks in the first place, a cyber insurance provider suggests. A cyber claim can be terminal for a business, Vishal Kundi, CEO and co-founder of Toronto-based

News Insurance

MGA’s program gives employees money to take time off

September 1, 2021 Brooke Smith

You’re burning out. According to a June survey from Canadian Underwriter, 54% of P&C employees reported feeling at least some stress and burnout working from home. Human resources experts often recommend that employees use their vacation entitlement to recharge, but

intellectual property
News Insurance

Why now is the time for brokers to talk about intellectual property insurance 

August 27, 2021 by Jason Contant

While the technology and life sciences sectors have been traditional areas of focus for intellectual property (IP) insurance, one specialist insurance provider says now is the time for brokers to open up discussions to include other industries. Maddi Brown, intellectual

intellectual property
News Insurance

This line of business needs to be simplified, MGA says

August 24, 2021 by Jason Contant

The insurance industry needs to move forward and simplify intellectual property (IP) coverage for the small- and medium-sized enterprise (SME) market, a specialist insurance provider said. IP insurance typically involves long, complicated proposal forms, a fee charged to get a

News BrokersInsurance

What to do when restaurant and hotel clients can’t find coverage

August 20, 2021 by Greg Meckbach

Commercial brokers wanting to place coverage for restaurants and hotels need to understand how those clients were affected by the pandemic and make the best case on their risk profile to carriers, says the CEO of Insurance Brokers Association of

News BrokersClaims CanadaCommercial LinesInsuranceMarkets / CoveragesRisk

How Lloyd’s insurers will react to capacity reductions in Canada

August 16, 2021 by Greg Meckbach

“Constant churn” helps restore some capacity withdrawn by syndicates, though not always at the same terms and conditions, Lloyd’s Canada’s new president suggests. “When capacity is scarce in one or more syndicates, other syndicates likely view this as an opportunity,”