Hi-Alta keeping busy
February 1, 2000 by Canadian UnderwriterHi-Alta Capital continues expanding its reach through broker consolidation. The TSE-listed company has announced a series of new acquisitions in Saskatchewan and Alberta. The company has purchased two Calgary-area brokerages Shackleton Insurance Ltd. in Olds, north of Calgary, and Wilson,…
The Edge of Claims Handling
January 1, 2000 AxiomAs the company’s senior marketing representative, this occasion was a command performance for me. My company was unveiling its new and improved 24-hour claims service, which included a fleet of modern cell phone, fax and computer-equipped cars to take our…
Halifax presents new broker models
January 1, 2000 by Canadian UnderwriterResponding to a market survey of insurance brokers across Canada, ING Halifax is offering brokers three different partnership models in the coming years, Don Lough, ING Halifax president, told lunch guests at a recent Metropolitan Toronto Insurance Brokers meeting. ING…
Your Frontline Partner
January 1, 2000 Sam Malatesta Vice President, Marketing & Insurance Relations, CHow insurers treat customers when it counts most will be a critical marketing element that will lead to brand recognition and brand loyalty for all those involved in the insurance distribution channel.
News (January 01, 2000)
January 1, 2000 by Canadian UnderwriterTristan Barter, son of Lloyd and Karen Barter of Ron Armstrong Insurance Broker, in Crysler, Ontario, is the recipient of the 1999 Cunningham Lindsey Colin MacKay Memorial Scholarship Award. This annual scholarship is available to students enrolled in first-year studies…
RIMS releases benchmarks
January 1, 2000 by Canadian UnderwriterThe cost of risk has risen in the U.S. but dropped in Canada, according to the recently released Risk & Insurance Management Society (RIMS) 1999 Benchmark Survey. The annual report, co-authored by Ernst & Young, polled 737 American and 79…
GETTING TO GRIPS WITH CLAIMCOSTS
January 1, 2000 Sean van Zyl, EditorWith little room to maneuver on premium growth and enhancing investment returns, property and casualty insurers are likely to turn their attention in the year ahead to better risk selection and improved claims handling efficiency to boost bottom-line performance, industry…
The Distribution Challenge Of 2000
January 1, 2000 Sean van Zyl, EditorThe North American Insurance Conference, recently held in St. Petersburg Beach, Florida, drew an equal crowd of Canadian and U.S. insurance attendees, the event speakers covering a broad range of subjects from reinsurance market conditions through to the impact of…
The quest for EFFICIENCY ENHANCEMENT
December 1, 1999 Jacinta Whyte, vice president of the personal insurance divisionThe traditional property and casualty (p&c) insurance industry is moving toward multi-channel distribution. The shift may not be as brisk as some industry observers believe is necessary to blunt the competitive challenge posed by the banks and others, even some traditional broker companies. Still, it is difficult to argue with the success that Canadian brokers are having in retaining customers in the face of an expanded range of distribution options already available.
GOOD NEWS ON FEES
December 1, 1999 by Canadian UnderwriterRIBO announced at its AGM a reduction in broker firm fees for the year ahead, this resulting from a surplus reported for the prior year. The association will also offer an additional $50 reduction to firms and individuals who made…
Cutting to the fat
December 1, 1999 Sean van Zyl, EditorFor those who felt the market conditions of 1999 were worth a good cry over a beer, the year ahead is likely to be a very sober occasion, analysts warn. Results for property and casualty insurers for the final quarter…
COUNTDOWN to a new era
December 1, 1999 Lowell Conn and Sean van ZylThe 1990s will likely go down as the most momentous period in the modern history of the property and casualty insurance industry, a senior executive with experience dating back to the post WWII era recently stated. From “riches to rags,”…