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Aviva Canada has announced that it is offering insurance coverage for homesharing across Canada, starting Feb. 1. Aviva Canada said in a statement on Wednesday that it is offering hosts two homeshare coverage options that can be tailored to meeting their rental needs: a simple add-on to an existing Aviva Canada homeowner policy, or standalone […]
By Canadian Underwriter | February 1, 2017
2 min read
Multiple forces are clearing the way for insurers around the world to make cretive use of loyalty marketing techniques like rewards programs that have historically been the domain of credit cards, travel, lodging and retail, suggests a new Aite Group impact note. “The insurance industry is increasingly leveraging loyalty marketing techniques, such as rewards programs, […]
By Canadian Underwriter | January 27, 2017
Commercial auto prices were generally up year over year in the third quarter, but there were “modest” prices decreases in other lines including commercial property and surety bonds, Willis Towers Watson plc said in its most recent Commercial Lines Insurance Pricing (CLIPS) survey report, released Monday. In its quarterly CLIPS report, Willis Towers Watson compared […]
By Canadian Underwriter | December 12, 2016
Chelsea Avondale has acquired MAX Canada Insurance Company, which will continue to serve faith-based and Anabaptist communities under its existing name. Closing Nov. 30, the purchase included the acquisition of all MAX Canada-related operations in Canada, including Mutual Aid Insurance Brokers Company, MAX North America announced in a statement Friday. Terms of the sale were […]
By Canadian Underwriter | December 5, 2016
Esurance, the online direct-to-consumer insurance company, announced on Thursday that it is now offering homeowners insurance in Alberta. The Esurance homeowners policy offers Albertans comprehensive protection as well as water backup and additional living expense coverage to safeguard their homes, cover their belongings and protect their personal liability, Esurance explained in a press release. Alberta […]
By Canadian Underwriter | October 13, 2016
Tina Osen, currently president of HUB TOS in British Columbia, will take on duties as HUB Canada’s new president. “Tina will champion our commitment to growing in Canada, where HUB’s roots are,” Marc Cohen, the recently appointed president of HUB International Limited, reports in a statement from the Chicago-based global insurance brokerage. Leveraging her proven […]
By Angela Stelmakowich | October 12, 2016
The Co-operators Group Ltd. announced Monday it “will be the exclusive provider” of property & casualty and life insurance for clients of First Credit Union subsidiaries in British Columbia. Guelph, Ont.-based Co-operators said it will be “exclusive provider for First Credit Union’s insurance subsidiaries, First Insurance and Powell River-based Westview Agencies Ltd.” Those products will […]
By Canadian Underwriter | October 3, 2016
1 min read
Aviva Canada announced Monday it is launching liability and medical coverage for equestrians in Manitoba and Saskatchewan. It will be launching the coverage, Henry Equestrian Plan, through Henry Equestrian Insurance Brokers Ltd. Coverage options include “full mortality, medical and disability coverage, trailer and equipment protection, to 24/7 claims expert service,” stated Dennis Graham, president and […]
By Canadian Underwriter | August 29, 2016
HALIFAX — An investigation has been launched into the collapse of a wind turbine on Cape Breton Island, where workers were told to leave the tower before it toppled over. Montreal-based Enercon Canada Inc. issued a statement Aug. 19 saying the turbine collapsed Aug. 17 when a component was being replaced. The company says no […]
By The Canadian Press | August 24, 2016
Property and casualty insurers in the United States have witnessed favourable rating activity in the first half of 2016 compared to a negative prior-year trend, notes a new special report from A.M. Best. Reversing what was seen in 2015 H1, the U.S. p&c industry’s “rating activity over the first half of 2016 turned favourable as […]
By Canadian Underwriter | August 12, 2016
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