Industry
Tier 2 Canadian commercial brokerages may soon be contemplating the predominantly U. S. tactic of outsourcing a brokerage's claimshandling processes to a third-party provider
By David Gambrill | March 31, 2008
6 min read
Aviva Canada is seeking to increase its brand awareness at the same time its research shows consumers are indifferent about insurance and view it as a "necessary evil." The result is an ambitious new public communications plan.
By Aviva Canada | March 31, 2008
Independent brokers should be cautious about insurers engaged in portfolio acquisitions with or without inducements such as override and financial compensation
By J. R. (Bob) Tisdale, President And CEO, Pembridge Insurance Company | March 31, 2008
Discussions about broker technology have advanced to the point that they now include the roles of management and worker productivity -- and not just technology -- in increasing the profits of a brokerage
By Patrick Durepos, President, Keal Technology | March 31, 2008
Canadian insurance regulators are considering the regulation of the sales of incidental insurance. Regulators are worried that if insurance is sold as an ancillary part of a larger purchase, an unsuitable insurance product might lead consumers to pay for insurance they do not need, pay for coverage for claims for which they are not eligible, […]
March 31, 2008
1 min read
Swiss Re has reported a net income of CHF4.2 billion (about Cdn$3.96 billion) for 2007, down 9% from 2006, but nevertheless the second-best result in the company’s history. “Driven by an outstanding performance across our key businesses, we delivered the second-best result in Swiss Re’s 144-year-history,” Swiss Re CEO Jacques Aigrain said in a press […]
The Insurance Institute of Canada helped brokers elevate their game on Feb. 7, with the exciting event ‘Player or Spectator,’ held at Toronto’s historic Roundhouse, home of Steam Whistle Brewing. The social networking event was complete with food, drinks, contests, prizes, great entertainment and relationship-building opportunities. Special guest Darryl Sittler, the former captain of the […]
The Toronto Insurance Women’s Association (TIWA) added an extra splash of red and white to this year’s Valentine’s Day celebrations when it hosted its annual wine and cheese reception on Feb. 14. Guests indulged in fine culinary offerings, enjoyed live music and clinked their wine glasses with fellow industry peers at this year’s reception, held […]
Desjardins General Insurance (DGI) has launched a financial aid fund for caisse members that cannot afford insurance and DGI policyholders that have inadequate coverage potentially leading to their financial demise.The annual budget is 1% of DGI’s net income, to a maximum of Cdn$1 million, the company reports in a release. The fund’s 2008 budget is […]
By Canadian Underwriter | March 31, 2008
The United States Federal Treasury has called for federal regulation of the nation’s insurance industry, drawing criticism from the association representing U.S. state insurance regulators.A backgrounder to a speech delivered by Treasury Secretary Henry M. Paulson, Jr. notes insurance regulation in the United States “is almost wholly state-based, with 50-plus regulators. This structure raises a […]
2 min read
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