Canadian Underwriter

Turning off a giant faucet to represent loss control
News BrokersInsuranceRisk

What’s changing the way commercial brokers view loss control?

June 26, 2023 David Gambrill

It’s possible the pandemic, combined with the P&C industry’s ongoing hard market, may have permanently altered how insurers assess their risk appetites. And brokers wise to this shift have adjusted their approach to advising clients accordingly. Given that insurers are

Butterfly emerging from a cocoon to represent evolution in business models for insurance brokers
News BrokersCommercial LinesInsuranceRisk

How commercial brokers have evolved into holistic risk advisors

June 20, 2023 David Gambrill

With insurance underwriters now voicing preference for ‘best-in-class’ commercial risks, it’s fallen to brokers to educate their clients about how to reduce their losses. And that means commercial brokers are becoming more like holistic risk advisors, making recommendations to their

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News BrokersCommercial LinesInsuranceRisk

Why the hard market and COVID-19 shifted brokers’ focus

June 9, 2023 David Gambrill

Commercial lines in Canada have changed in the aftermath of the pandemic. These days the monolithic ‘hard market’ has evolved into multiple markets differentiated by segmented pricing and best-in-class loss-control measures. And the commercial broker’s role has changed accordingly. After

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Is political risk the next NatCat?

May 1, 2023 Philip Porado

Much like NatCat events, political risk losses tend to be low frequency but high severity, said a new Oxford Analytica survey, produced for WTW, on how global businesses are managing current political risks. “Political risk losses occur rarely but tend

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News AnnouncementsAppointmentsClaimsCommercial LinesInsuranceRisk

Zurich Resilience Solutions in Canada adds new executive talent

March 2, 2022 by David Gambrill

Zurich Canada is growing Zurich Resilience Solutions (ZRS) in Canada, adding Scott Thomas to the team as the head of ZRS for Canada and Chris Snider as head of sales and distribution. “This investment in ZRS Canada talent is an exciting step on our journey