Segment
MGAs
Diversity critical for MGA entering Quebec market
August 17, 2018 by Jason ContantFor Canadian managing general agents, maintaining a diversified portfolio and effective distribution channel for products is crucial to success, according to Gary Hirst, president of CHES Special Risk. Hirst spoke to Canadian Underwriter Thursday, one day after CHES announced it…
On the Scene: IBAA Annual Convention, May 6-9, 2018
August 16, 2018 by Ian PortsmouthBeautiful Banff was again the setting for the Annual Convention of the Insurance Brokers Association of Alberta (IBAA), held May 6-9, 2018. Canadian Underwriter was the exclusive national media sponsor of the event, which kicked off with a golf tournament…
Will Aviva Canada and Crawford & Company retain their crowns in 2018?
August 15, 2018 Insurance NexusTORONTO, August 15, 2018 /insPRESS/ – Voting has opened in the third annual 2018 Insurance Nexus Canadian Awards, Insurance Nexus have announced. Recent research conducted by Insurance Nexus has shown that 94% of senior insurers agree that AI will deeply…
Specialty rises to the Top
August 1, 2018 by Canadian UnderwriterSpecialty Lines insurance is quickly becoming the new commercial standard, thanks to the meltdown of the vanilla CGL policy. Here’s why you can expect to reach out to specialty markets more often in the future.
How to best insure clients against kidnappers
July 16, 2018 by Jason ContantWhile kidnap and ransom (K&R) insurance is one type of insurance nobody wants to have to use, there are a few things that should be kept top of mind for brokers placing the coverage. The most important consideration revolves around…
Insurers jumping out of the trampoline business
July 8, 2018 by Jason ContantCanadian insurers are jumping out of the trampoline business. Gina Bennett, vice president of Markel Canada’s western region, told Canadian Underwriter Thursday that there are few markets to approach for trampoline risks, as most sports insurance carriers have exited writing…
Shop Canadian when selling marine, brokers advised
July 4, 2018 by Jason ContantBrokers interested in selling marine insurance should target coverholders and managing general agents (MGAs) in Canada rather than going straight to the London market, a senior marine surveyor told Canadian Underwriter recently. “There are a lot of MGAs and coverholders…
Join WICC’s Golf Beach Party on July 11
June 20, 2018 WICC OntarioTORONTO, June 20, 2018 /insPRESS/ – WICC Ontario’s Golf Fundraiser takes place again at the beautiful Angus Glen Golf Club. In our 19th year, we have something enjoyable for everyone! Get into our BEACH THEME and wear your best Hawaiian…
New cyber product covers pre-policy breaches, personal phone use for work
May 24, 2018 by Jason ContantAddressing two major gaps in cyber coverage for small to medium-sized businesses (SMEs) inspired the launch this week of Cyberboxx by new managing general agent (MGA) Boxx Insurance. CyberBoxx addresses: 1) breaches before the policy commencement date, and 2) employees…
New MGA promises to “redefine” cyber risk business in Canadian P&C market
May 22, 2018 by Jason ContantBoxx Insurance, a new managing general agent (MGA) based in Toronto, has launched its flagship product Cyberboxx to help customers comply with the new data privacy legislation expected to become law in November. Federal mandatory data breach regulations will take…
Boxx Insurance launches Cyberboxx™ to protect small business cyber security and prepare for new data regulation
May 22, 2018 Boxx InsuranceTORONTO, May 22, 2018 /insPRESS/ – Boxx, a new insurance MGA based in Toronto, officially launched its flag-ship product Cyberboxx™ today with a clear mission – to make the internet a safer place for small to medium sized enterprises and…
Canadian Broker Network sells South Western Group Ltd. to MGA investment group
May 7, 2018 by David GambrillCanadian Broker Network (CBN), a network of independent insurance brokers, has sold managing general agent South Western Insurance Group Limited (SWG) to Three Holdings Inc. CBN said the transaction will allow its member brokerages to focus their efforts on creating…