Canadian Underwriter


News Insurance

Institute serves up a new look to insurance education

March 12, 2019 by David Gambrill

Perhaps you have noticed something different lately about some of the course materials for your Chartered Insurance Professional (CIP) designation? If you open up your new textbook for the CIP course, Underwriting Essentials, for example, you will notice something new

News Insurance

How RSA plans to shore up its personal lines results in Canada

March 11, 2019 by David Gambrill

Expect RSA in Canada to take remedial underwriting actions in its personal lines portfolio – including auto rate increases of between 3% and 16%, and potentially selected broker cancellations – in order to shore up results after a tough year

News InsuranceTechnology

Insurtech seeks to bring the ‘Uber-Netflix-Spotify-Amazon’ experience to commercial clients

March 11, 2019 by Greg Meckbach

An insurtech with offices in Ontario is looking for commercial and personal lines carriers who want to sell insurance the way Spotify sells music. “We are talking to several Canadian insurers who have an interest in launching new products” Philippe

News BrokersInsurance

How to sell commercial coverage to small businesses

March 8, 2019 by Jason Contant

Brokers looking to sell commercial coverage to small businesses need to keep it simple, fast and client-specific, industry professionals told Canadian Underwriter Thursday. Sometimes when buzzwords like artificial intelligence, blockchain and chatbots dominate the conversation, the cart comes before the

News BrokersInsurancePodcast

Cannabis: opportunities and risks for brokers — Part 1 of 2 [podcast]

March 8, 2019 by Canadian Underwriter

How will you as a broker seize on the opportunities associated with cannabis insurance? Legalized last year, cannabis possession in Canada is opening up a whole new world of potential business clients. Do you know the short-term and long-term risks

News InsuranceMarkets / CoveragesMergers and AqcuisitionsMGAs

Burns & Wilcox Canada acquires specialty MGA

March 7, 2019 by Jason Contant

H.W. Kaufman Group and Burns & Wilcox Canada announced Thursday they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd., a managing general agency with unique transportation expertise. TRU will become part of B&W Canada, a flagship organization of Kaufman and

News Insurance

How Aviva Canada’s profitability fared in 2018

March 7, 2019 by David Gambrill

Editor’s Note: This version of the article includes a correction showing that operating profit was flat at £46 million (approximately Cdn$82 million in 2018, and Cdn$78 million in 2017). A previous version incorrectly showed the operating profit of 46 million

News InsuranceTechnology

How innovation changes the underwriter’s job

March 6, 2019 by Greg Meckbach

Technology and data will change the underwriter’s job but will not eliminate it, suggests Russell Johnston, chief executive officer for North America of QBE Insurance Group Limited. “At the end of the day, people still make the decisions,” Johnston said

News BrokersMergers and Aqcuisitions

Gallagher to buy Jardine Lloyd Thompson’s aerospace operations

March 4, 2019 by Greg Meckbach

Arthur J. Gallagher & Co. announced Monday it has agreed to buy the global aerospace operations of  Jardine Lloyd Thompson Group plc. If the deal goes through, about 250 JLT employees worldwide would join Gallagher. Monday’s announcement comes six months

News InsuranceTechnology

Why less is better for digital transformation

March 1, 2019 by Jason Contant

Companies looking to undergo a digital transformation should follow the expression “more is not always better” when it comes to selecting system integrators and vendors, a speaker said Wednesday at the Insurance-Canada.ca Technology Conference in Toronto. During the transformation process,

News Commercial LinesInsuranceTechnology

Why the insurance industry needs a “killer use case” for blockchain

February 28, 2019 by Jason Contant

The insurance industry needs a “killer use case” for blockchain that all stakeholders can agree on before moving forward with more widespread adoption, a speaker suggested Wednesday at the Insurance-Canada.ca Technology Conference. “I think we are still on that journey

News Insurance

What real-time, broker-carrier connectivity might cost

February 27, 2019 by David Gambrill

Ninety insurance companies working with Ontario’s broker channel would be looking at a total investment of $4 billion over five years to conform to the CSIO XML standards required for an industry-wide, real-time data exchange solution between brokers and carriers.