Canadian Underwriter

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News BrokersInsuranceRisk

Ownership critical to independence: broker exec

May 10, 2022 Gloria Cilliers

Brokers are justified in thinking independence is shrinking due to increased consolidation in the P&C industry, according to Lorie Phair, president of the Canadian Broker Network (CBN), Canada’s largest network of independent brokers. To think ownership does not influence a

Broker meeting with clients
News Insurance

Broker independence is alive and well: IBAO president

April 22, 2022 by Jason Contant

Insurance Brokers Association of Ontario (IBAO) president Joseph Carnevale is not concerned about a brokerage’s ownership structure, since he sees it playing no part in whether or not brokers are “trusted advisors” to clients. “Every broker in the country is

Person drowning in paperwork.
News BrokersEmploymentInsuranceMarkets / Coverages

Brokers say stress may cause them to leave industry, survey finds

March 29, 2022 Philip Porado

Being an insurance broker has always come with its share of stress but verbatim responses to Canadian Underwriter‘s 2022 National Broker Survey found specific mentions of its impact on work satisfaction. One respondent who indicated they were highly like to

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News BrokersEarnings / RatingsInsurance

Emerging trends in broker compensation

March 25, 2022 by David Gambrill

In the midst of the ‘Great Reshuffle,’ brokerage principals are finding employee-recognition programs a better way to compensate brokers for good performance. Fifty-three per cent of the 119 brokerage managers participating in Canadian Underwriter’s 2022 National Broker Survey touted employee-recognition

Business people shaking hands in the office. Group of business persons in business meeting. Three entrepreneurs on meeting in board room. Corporate business team on meeting in modern office. Female manager discussing new project with her colleagues. Company owner on a meeting with two of her employees in her office.
News BrokersEmploymentInsurance

Talent crunch getting tighter, broker survey shows

March 23, 2022 by David Gambrill

Finding qualified talent is the biggest challenge facing almost seven out 10 Canadian brokerages right now. And the talent crunch is getting even tighter. Sixty-nine per cent of brokers report finding qualified workers their biggest challenge – a 7% increase

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News BrokersInsuranceMarkets / Coverages

Top 3 concerns of Canadian brokers

March 21, 2022 by David Gambrill

Canada’s hard market continues to be the Number 1 concern of brokers right now, but with the end of many COVID restrictions, brokers are starting to worry more about the growth of direct-to-consumer distribution models. Market consolidation is slowly but

Theresa Teixeira
News Insurance

Theresa Teixeira, Travelers Canada

March 11, 2022 by David Gambrill

Theresa Teixeira, Chief Underwriting Officer, Travelers Canada “The industry has really evolved to a wonderfully warm and inviting place for women to realize their full potential, and is far more equipped to support varied family dynamics,” says Theresa Teixeira, chief

Terri O'Brien, CEO, Equite Association
News Insurance

Terri O’Brien, Équité Association

March 11, 2022 Brooke Smith

Terri O’Brien, CEO, Équité Association Terri O’Brien worked 25 years in large financial institutions in the banking sector before joining the P&C insurance industry about a year ago as CEO of Équité Association. But, they’re really compatible. “The two sectors are

Susan Gilbert, Insurance Brokers Association of Manitoba
News Insurance

Susan Gilbert, Insurance Brokers Association of Manitoba

March 11, 2022 by David Gambrill

Susan Gilbert, President-elect, Insurance Brokers Association of Manitoba Susan Gilbert, president-elect of Insurance Brokers Association of Manitoba, started off in marketing and finance and used the same skill sets to find her confidence and success in the world of property

Jody Lohr, President, Insurance Brokers Association of Alberta
News Insurance

Jody Lohr, Insurance Brokers Association of Alberta

March 10, 2022 Gloria Cilliers

Jody Lohr, President, Insurance Brokers Association of Alberta Jody Lohr, vice president of operations at Excel & Y, Lundgren & Young Insurance, applauds the industry for the progress it has made towards having more women in leadership positions. “Our industry

Yoomi Wynveen
News Insurance

Yoomi Wynveen, Intact

March 10, 2022 by David Gambrill

Yoomi Wynveen, Deputy Senior Vice President, Claims, Intact Insurance  Intact’s deputy senior vice president of claims, Yoomi Wynveen, came to the property and casualty insurance industry by way of her finance background. She joined Intact at first via the company’s

Benaaz Irani
News Insurance

Benaaz Irani, Desjardins Agent Network

March 10, 2022 by Jason Contant

Benaaz Irani, Vice President, Desjardins Agent Network If you were to ask Benaaz Irani, vice president of the Desjardins Agent Network, what helped her succeed as a P&C insurance industry executive, part of it would be the help from good