News Brokers

The perils of highlighting key points in a policy

February 22, 2021 by Greg Meckbach

Home insurance policies may be so long that consumers won’t read the entire thing, but it doesn’t mean that brokers should selectively highlight certain policy terms to clients, a brokerage leader warns. “For us, there are things we need to…

News BrokersInsuranceMarkets / CoveragesMGAs

Why some brokers may shy away from using an MGA

November 28, 2018 by Jason Contant

The risk of a greater errors and omissions (E&O) exposure is a major reason why some brokers choose not to place business with a managing general agent (MGA), speakers said Tuesday at Insurance-Canada.ca’s MGA Technology Symposium in Toronto. “We don’t…

News

Emerging Trends in Broker’s Errors and Omissions

September 23, 2015 by Canadian Underwriter

Speaker: Ramon V. Andal, Andal Law Office Topic: Insurance brokers are being held to an increasingly stringent level of care by the courts. The rise in the frequency of E&O suits is of concern not only to brokers, but to…