Industry
OTTAWA – Citing a dramatic increase in ransomware attacks on organizations – including health providers and vital utilities – federal ministers are urging Canadians to bolster their cybersecurity. In an open letter Monday, the ministers encouraged people to adopt the latest security measures, build a response plan and ensure information technology staff are well-prepared to […]
By Jason Contant | December 6, 2021
3 min read
Canada’s largest mutual insurer is promoting its new Beneva direct-to-consumer brand by being a major sponsor of Quebec City’s major junior hockey team and official presenter of the Videotron Centre’s calendar of events. Beneva announced Thursday a partnership with Quebecor Sports and Entertainment Group. Quebec City-based Beneva was formed in 2020 through the merger of […]
By Greg Meckbach | December 3, 2021
2 min read
Five hundred and eighty dollars. And … four demerit points. That’s how much a first offence for using a cell phone while behind the wheel will cost a Saskatchewan driver, Saskatchewan Government Insurance (SGI) said as part of an October campaign to curb distracted driving across the province. The same fine is issued to first […]
By Phil Porado | December 3, 2021
1 min read
Anna McCrindell, vice president of commercial insurance with Wawanesa Mutual Insurance Company, likes the energy she gets from heading back into the office. McCrindell said during an Insurance Institute of Ontario webinar Nov. 23 that in her current role, she’s been working from home the entire time, compared to working in an office throughout the […]
By Jason Contant | December 3, 2021
REGINA – Saskatchewan’s latest financial report says drought, wildfires and the COVID-19 pandemic have heavily contributed to what is projected to be a record deficit. The mid-year report released Monday shows a deficit of $2.7 billion, an increase of $97 million from what was forecast in the 2021-22 budget released in April. The update says […]
By Jason Contant | December 2, 2021
Enlisting digital transformation enthusiasts and starting with a keystone change are key to successfully implementing a digital transformation strategy, according to a new blog from Harvard Business Review. “The first thing that every transformation must confront is resistance,” said the blog, 4 Principles to Guide Your Digital Transformation, published Tuesday. “The status quo always has […]
By Jason Contant | December 1, 2021
Ben Hunter joins QBE in January 2022 as director of Canada. Currently vice president, head of marine, energy, construction & risk services at Liberty Mutual Canada, Hunter’s also held leadership roles at Travelers Canada and Chubb Insurance. In a release, he noted QBE has “built a great reputation as a specialty commercial insurer, with considerable […]
By Phil Porado | December 1, 2021
Brokerage InsureLine Brokers Inc. has officially launched its new managing general agency (MGA) – InsureLine Solutions Inc. Available exclusively to InsureLine franchisees, “the intention is to help fill gaps in current coverages, and also identify lines of high-risk or niche market business where InsureLine already has volume among its group and to provide tailor-made coverages […]
As the Canadian sports industry emerges from COVID-19, advising your clients on the right risk management strategies is essential for the return to safe play, a Markel Canada executive suggests. For an industry that’s been one of the hardest hit by the pandemic, bouncing back quickly and safely from its devastating impacts has been critical, […]
By Markel Canada | December 1, 2021
All lines of insurance have challenges, but lately cyber’s been bringing brokers ever-changing complexities. “It’s really the new problem child in the insurance world,” said Kevin Neiles, president, western Canada & chief markets officer, with Gallagher, at a November Gallagher Talks webinar. “A rapidly increasing number of cyber liability incidences are causing a very cautious […]
By Phil Porado | November 30, 2021
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