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A new way to make insurance for high-risk homes in flood plains affordable

November 14, 2019 by Adam Malik

Amphibious architecture could be the key to mitigating flood risk and making insurance affordable for those living and working in floodplains, according to one expert. The technology allows structures to float as water levels rise. Amphibious construction and retrofitting of

News BrokersInsurance

How new equivalencies for Alberta broker wannabes will work

October 30, 2019 by Greg Meckbach

For Alberta brokerages, the ability to use a Chartered Insurance Professional (CIP) designation won’t necessarily make it easier for brokers to get licensed, but it will probably provide a better learning experience, officials with the Insurance Institute of Canada suggest.

News Claims

What’s changed about Millennials in the workplace?

October 17, 2019 by Adam Malik

Millennials aren’t necessarily job hoppers, but they don’t want to feel stuck. So if you want to keep your young, talented staff – and attract new ones – make sure you’re showing them how the insurance industry can offer stability

News AdjustersClaimsInsurance

Want to attract young talent? Here are some tips

October 15, 2019 by Adam Malik

The old saying “It’s what’s on the inside that counts” is something insurance leaders need to take to heart when trying to get young people interested in their company, experts told a recent conference. Plastering your company name on the

News InsuranceTechnology

Watch out for these ‘nefarious’ ways of eating brokers’ lunch

August 28, 2019 by Greg Meckbach

Brokers could be in for a nasty surprise if the concept of bundling auto insurance with vehicle lease or purchases catches on in Canada, a Symposium West speaker warned last week. An auto manufacturer is “not a traditional competitor” in

News Insurance

Thoughts on industry consolidation from a retiring CEO

August 26, 2019 by Greg Meckbach

Consolidation in the insurance industry is reducing consumer choice and putting more pressure on employees, Steve Smith, president and CEO of Cambridge, Ont.-based Farm Mutual Reinsurance Plan Inc., said during his second last week on the job. “To me it’s

News EmploymentInsuranceProfessional Development

These two Canadian regions will face major insurance workforce issues

October 31, 2018 by Jason Contant

The Canadian property and casualty insurance industry’s entry-to-exit ratio is declining, meaning insurance organizations will find it harder to grow in the years to come. Few regions should be as concerned as Atlantic Canada and Saskatchewan when it comes to