Canadian Underwriter

News AnnouncementsBrokersInsuranceMergers and Aqcuisitions

Shareholders approve Aon-Willis merger

August 26, 2020 by Greg Meckbach

Aon plc’s proposed acquisition of Willis Towers Watson plc was approved Wednesday by both firms’ shareholders. The merger still requires approval from competition regulators in various jurisdictions (including Canada) plus the Irish High Court. Aon and Willis Towers Watson rank

News AnnouncementsBrokersInsuranceMergers and Aqcuisitions

The link between the Edmonton Oilers and Arthur J. Gallagher’s latest acquisition

August 5, 2020 by David Gambrill

Arthur J. Gallagher & Co. has acquired Edmonton, Alta.-based Insight Insurance & Risk Management Ltd., the official insurance brokerage of NHL hockey’s Edmonton Oilers. Founded in 2013 by CEO Alexis Harke, Insight is a retail insurance broker serving clients throughout

News BrokersCatastrophesInsuranceMergers and Aqcuisitions

Q&A: Business Continuity in the Digital Age

June 1, 2020 by David Gambrill

As an industry challenged by all of the various disasters that the world has to offer, many Canadian property and casualty insurance companies already had business continuity plans in place to keep their operations running in the face of a

News AdjustersClaimsInsuranceMergers and Aqcuisitions

Intact’s other deal: ‘You can bet that other insurers are paying close attention’

August 20, 2019 by Adam Malik

Intact Financial Corp. agreeing to buy On Side Restoration will likely lead to similar deals going forward and while risks exist, one adjuster believes it will probably bring more good than bad to the insurance industry – with a lot

News InsuranceMergers and Aqcuisitions

Intact buys restoration firm

August 7, 2019 by Adam Malik

Intact Financial Corporation has entered the restoration services area. The insurer has struck a deal to acquire Vancouver-based On Side Restoration. The company announced the acquisition late on Aug. 6, which it says will strengthen its ability to provide claims

News BrokersMergers and Aqcuisitions

American brokerage continues Canadian expansion

July 11, 2019 by Adam Malik

United States brokerage NFP has acquired Toronto-based McLean Hallmark Insurance Group as part of its strategy to expand into the Canadian market. McLean Hallmark has offices in Toronto, Markham and Mississauga and Halifax. It offers property and casualty coverage in

News InsuranceMarkets / Coverages

M&A activity unlocks this hot new business opportunity

July 11, 2019 by David Gambrill

Global mergers and acquisitions (M&A) activity over the past five years — which reached a total value of almost $3.5 trillion in 2018 — led to a starburst of transactional insurance last year. Transactional risk insurance covers risks related to

News BrokersMergers and Aqcuisitions

Is there culture after an acquisition?

May 23, 2019 by Adam Malik

A question posed at a recent event asked how many of the approximately 30 people in the room had ever been part of an acquisition or merger. Almost every hand went up. It seems just about every broker has been

News BrokersMergers and AqcuisitionsRisk

Why you might need an investment banker to help place commercial insurance

October 24, 2018 by Greg Meckbach

If your mid or large-sized commercial clients are involved in mergers and acquisitions, there are risks involved and insurance to address those risks, but it’s not like selling fire insurance. “It is not a simple case of saying, ‘Fill out

News Mergers and AqcuisitionsRiskTechnology

Managing your client’s M&A risk with A.I.

October 1, 2018 by Greg Meckbach

Mergers and acquisitions come with risks for buyers, and one law firm uses machine learning to help clients manage at least some of those risks. One risk to a buyer is when the target company has liabilities – such as