Industry
The Insurance Brokers Association of Canada (IBAC) has voiced its support of the Conservative Party’s position on the Bank Act review, which endorses the maintainance of current regulations that deals with banks and insurance. IBAC urged Canada’s other federal party leaders to follow suit with Stephen Harper on this issue, so that “fair and healthy […]
January 31, 2006
1 min read
WARP communication technology, designed to facilitate efficient and secure communication between brokers and companies, is proving as valuable in the Canadian marketplace as it is elsewhere, according to a special Applied Systems ‘WARP Forum’ held in Toronto. The January 2006 forum attracted more than 80 delegates, representing more than 26 insurance carriers, who heard from […]
2 min read
Operation Red Nose successfully delivered about 6,575 individuals to the safety of their own homes this holiday season. York Region Police Chief Armand La Barge, president of the Ontario Association of Chiefs of Police, congratulated Canada’s home, car and business insurers and Ontario Safety League for their sponsorship of the volunteer designated-driver service. Operation Red […]
5 min read
Echelon General Insurance Company, a wholly-owned subsidiary of EGI Financial Holdings Inc. (TSX: EFH), entered the Ontario motorcycle insurance market with a $5-million brokerage agreement with Riders Plus Insurance. Riders Plus, the Ontario-based motorcycle insurance brokerage, will place $5 million of motorcycle insurance premiums with Echelon in the first 12 months following the Jan. 15, […]
Andr Simard is the new national vice-president of sales, group and business insurance at Desjardins Financial Security Group. The appointment is a major step toward implementing a new national structure for this business line, according to senior vice president Alain Thauvette. “Simard’s expanded responsibilities encompass all sales operations and customer service,” Thauvette said. “His mandate […]
The CSIO Portal dream is over. What's Next?
By Craig Harris | January 31, 2006
12 min read
Mapping out the Post-Katrina Marketplace
6 min read
Fidelity National Financial, Inc. (NYSE:FNF), a Fortune 500 provider of outsourced products and services, has paid $635 million to purchase Sedgwick CMS Holdings, Inc.Sedgwick CMS Holdings is the sole shareholder of Sedgwick CMS, a North American provider of outsourced claims and productivity management solutions to large corporate and institutional clients. FNF also announced that Thomas […]
By Canadian Underwriter | January 31, 2006
In a strategic move to continue strengthening its presence in key geographic markets across North America, global insurance broker Willis Group Holdings (NYSE: WSH) recently appointed Gilles Duclos to the senior management position of executive vice-president and chairman of Qubec operations. Duclos offers extensive industry experience including business expertise acquired by successfully running his own […]
A trend towards the reduction of Canadian bankruptcies in 2006 is on the horizon but global trade credit insurer Euler Hermes says the Canadian economy will still face negative pressures from several sources, including export countries, regional trends, and structural industry weakness. The forecast predicts that the number of Canadian corporate insolvencies will fall to […]
By Canadian Underwriter | January 30, 2006
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