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How to hire during a pandemic

March 15, 2021 by Adam Malik

During the pandemic, in the absence of being able to meet job candidates face-to-face during the hiring phase, it’s best to arrange multiple meetings to get a better sense of what your new recruits are like, and whether they are

News Insurance

Auto claims alert: It’s Daylight Savings Time again

March 12, 2021 by Jason Contant

Despite a big increase in road injuries and fatalities following the switch to Daylight Savings Time (DST), 40% of Canadians are unaware of the risks on the road the day after DST begins, according to a new survey commissioned by

News Insurance

What it’s like being hired in a pandemic

March 10, 2021 by Adam Malik

The process of getting hired might be shorter in terms of start to finish these days during a pandemic when everything is virtual, but much more is happening along the way, according to a brokerage leader who recently went through

Webinars

Webinar: 2021 Brokerage Executive Outlook

February 16, 2021 by Canadian Underwriter

To view Canadian Underwriter’s full webinar series, please fill in the following information for immediate access: Webinar Access Name* First Last Email* Zip/Postal Code*Phone*Organization*Job Title*What is the business of the organization you work for?*Choose One…Independent Insurance BrokerageInsurance AgencyManaging General AgentInsurer

News Insurance

What brokers are asking of their underwriters

February 12, 2021 by David Gambrill

In the midst of a hard market in several Canadian commercial insurance lines, several senior Canadian broker executives are urging underwriters not to substitute data and analytics entirely for their own good judgment about what constitutes a good or a

News Insurance

Brokerage executives to examine COVID impact today and beyond

February 8, 2021 by Adam Malik

Brokers have been on the front lines while the global COVID-19 pandemic has tightened its grip on the economy and, in turn, brokers’ clients. Four leading national brokerage executives will take a look at what Canadian brokers can expect as

News Insurance

What you need to do to get your client’s submission approved by underwriters

September 24, 2020 by Adam Malik

Brokers need to pay close attention to the quality of submissions they make on behalf of clients to underwriters because the smallest missing detail can be the difference in whether or not the application is approved. Underwriters are swamped these

News InsuranceRiskTechnology

One broker’s bold prediction about contactless payment options

September 21, 2020 by Greg Meckbach

Concerns over the risk of COVID-19 transmission could accelerate the changes that technology has been bringing to financial transactions, including contactless payment options, a commercial broker suggests. “Financial services are changing very quickly,” said Mark Morency, senior vice president and

News Insurance

What brokers can expect to see in the quota share subscription business

September 21, 2020 by Adam Malik

Brokers during the COVID-19 pandemic can expect to see carriers tighten up policy wordings to reduce ambiguity about pandemic cover, but that might cause delays in quota share subscription business as insurers ponder the precise wordings they want to use,

News Insurance

One thing an insurer will consider before investing in commercial surety bonds

September 17, 2020 by Jason Contant

Specific industry risk can play a major role in how much capital an insurer is willing to put forward for commercial surety bonds, a speaker said during a recent webinar. Industry risk is a “unique” underwriting consideration, Rob Dempsey, senior

News Insurance

Aon exec discusses industry ‘sins’ and puts COVID claims into perspective

September 16, 2020 by Adam Malik

Riding the wave of high interest rates years ago, some P&C insurers and reinsurers overlooked their escalating combined ratios, an industry exec recently observed during a webinar. And that’s coming back to bite the industry now that the global COVID-19

News Insurance

The biggest challenge for commercial brokers right now

September 15, 2020 by Adam Malik

Among a myriad of issues facing Canada’s P&C industry, reduced capacity in the property and casualty insurance market is top of mind for one senior executive at Gallagher. “While rate is a very big concern, capacity reduction, to me, is