What’s keeping claims pros up at night?
October 16, 2019 by Adam MalikTalent shortage and keeping pace with change are two of the top issues facing claims professionals over the next three to five years, but that’s just the start of their concerns. Meeting policyholders’ service level expectations and the volatility of…
Six taboo words that brokers should never tell their clients
October 3, 2019 by Adam MalikBrokers always want to please their clients. But if you go too far, you may be putting them – not to mention your reputation and career – in a dangerous position. So you may want to avoid telling them: ‘Yes,…
This is what’s putting the industry ‘at a tipping point’
September 20, 2019 by Adam MalikTechnology has been great for the insurance industry. But it’s also been creating problems, specifically creating a difficult market cycle. And it’s not the only reason why one panellist at the recent RIMS Canada Conference said the industry is “at…
How should you approach risky projects?
September 19, 2019 by Adam MalikDebating on taking that risky project others seem to be shying away from? One insurance leader believes you should jump all over it. There was a point in her career when people told Christine Lithgow to not take on a…
She captured women’s feelings in the workplace with this response
September 16, 2019 by Adam MalikChristine Lithgow had one simple response to her employer when they offered her a position that was junior in comparison to the one she left six years prior after the birth of her first child. “I had to remind them:…
How your client’s directors could be blamed for cyber losses
February 14, 2019 by Greg MeckbachCyber risk awareness is on the rise among corporate directors, who could face liability risk if they are accused of being lax on governance. “Corporate clients are more likely to be aware today, compared to a few years ago, of…
Public sector expertise factors into brokerage’s merger with Aon
November 30, 2018 by Jason ContantA Montreal-based commercial brokerage will soon join Aon Canada’s public sector practice. Aon reported Tuesday that Lemieux, Ryan and Associates will join the practice in Montreal as of Jan. 1, 2019. Lemieux, Ryan and Associates is a licensed general insurance…
The flood risk that might be unaccounted for
November 19, 2018 by Greg MeckbachInsurers might be unintentionally covering flood and fire risks arising from computer problems, a cyber expert with a risk modelling firm suggests. “Anything that is related to a computer system could trigger non-cyber losses,” Matt Honea, cyber director for Cyence…
More interest from corporate clients in this specialty coverage
October 25, 2018 by Greg MeckbachLarge corporate clients often face unexpected tax bills in the millions – and companies are looking for insurers willing to share the risk. Aon Canada has meetings scheduled with several Canadian law firms to brief them on how tax insurance…
Why you might need an investment banker to help place commercial insurance
October 24, 2018 by Greg MeckbachIf your mid or large-sized commercial clients are involved in mergers and acquisitions, there are risks involved and insurance to address those risks, but it’s not like selling fire insurance. “It is not a simple case of saying, ‘Fill out…
Welcome news for employee benefit providers in Canada
October 24, 2018 by Jason ContantEmployer medical cost inflation in Canada is trending lower than global averages, which is “welcome news for employers providing employee benefits in Canada,” commercial brokerage Aon said Tuesday. For the second year in a row, medical cost inflation in Canada…
How commercial insurers are addressing this D&O coverage gap
September 21, 2018 by Greg MeckbachIf your corporate client goes under and occupies polluted land, what happens if individual directors are left on the hook to clean up environmental contamination? This is the subject of “long, complex discussions” that Aon Canada brokers are having with…