Corroon sells Ottawa business
September 1, 1999 by Canadian UnderwriterGlobal broker Willis Canada has divested its Ottawa area commercial accounts to regional broker Binks Insurance Brokers Ltd. in a move industry observers suggest could be a sign of things to come in the commercial brokerage sector. Terms of the…
News (September 01, 1999)
September 1, 1999 by Canadian UnderwriterThe Insurance Brokers Association of Canada’s (IBAC) recently held broker-based CEO symposium featured a speech by IBAC president Michael Toole, who outlined association initiatives for the future. One idea bandied about was a decision to move the IBAC management team…
Proactive or Reactive
September 1, 1999 by Canadian UnderwriterThe Dominion of Canada General Insurance Company’s answer to the direct writing threat, Chieftian Insurance, is one of the future consumer-interaction options open to brokers, predicts Alan Hanks, vice president field operations of the new company. Hanks outlined the broad…
Co-operators secures Quebec stake
August 1, 1999 by Canadian UnderwriterThe Co-operators group has expanded into the Quebec market by acquiring a broker-based underwriter, L’Union Canadienne compagnie d’ assurances from Unindal Inc. The deal, which is subject to regulatory approval, will boost the group’s premium income by about $100 million…
Zurich launches retail plan
August 1, 1999 by Canadian UnderwriterPeopleplus Insurance Company, a member of Zurich Financial Services Group, recently announced a partnership with Hudson’s Bay Company to launch a private label car and home insurance program. The group scheme, available exclusively to Bay and Zeller’s credit card holders,…
Regulating Internet insurance
August 1, 1999 Brian Reeve, partner at Cassels Brock & BlackwellThe difference between an Internet presence and soliciting business through the Internet can be significant in terms of legal exposure. With the serious growth seen in commercial entities on the web over recent years, the regulators are now beginning to address some of the legal accountability issues of jurisdiction and local laws. However, for the time being, selling insurance over the Internet holds many legal pitfalls.
Managing web exposures
August 1, 1999 Marcus Snowden, partner at McCague, Wires, Peacock, Borlack & LlWith e-commerce widely predicted to explode into the mainstream world of business in coming years, the lure of “getting into the ‘net game” before it becomes too late is almost irresistible for most companies. In particular, the Internet is expected…
Thinking outside the Canvas
August 1, 1999 Lowell ConnThe early 20th century was a revolutionary time for the fine art community, with “modern artists” such as Henri Matisse carrying forward the early exploration attempts of the impressionist painters in testing conventional “realist” theory. In many respects, the modern…
Communicating, with the “Write Stuff”
August 1, 1999 AxiomThe angular figure of our senior underwriting manager emerged from the elevator facing me, and, as usual, Judy’s face was a mirror of her inner feelings. It was also quite clear that these feelings were not too positive. She grunted…
Martin’s “Wait and See” strategy
July 1, 1999 by Canadian UnderwriterThe insurance industry is applauding the federal government’s just released white paper outlining the future of financial services competition in Canada. In line with insurer and broker demands, the government has blocked banks from retailing insurance through branches as well…
the hot branding-iron of CONSUMERISM
July 1, 1999 Sean van Zyl, EditorThe new millennium is not only bringing Y2K exposures to the fore, but a sense of consumer branding. From companies, brokers through to reinsurers, the latest industry leader forums have all hosted an urgency to address consumerism. The property and…
99 Canadian Insurance Congress: Marching to new Drummers
July 1, 1999 Lowell Conn & Sean van ZylHeld against the backdrop of the nation’s capital, the 1999 Canadian Insurance Congress — seen as Canada’s premier reinsurer/primary company CEO forum — offered good news to insurers and risk managers on the treaty negotiation front. This year’s reinsurance rates,…