Industry
Canada’s lack of skilled workers means construction projects may not be hitting the mark in terms of quality and craftsmanship, leading to the greater likelihood of an insurance claim. It’s already happening, observes Darren Tasker, head of energy and construction in Canada for Allianz Global Corporate & Specialty. “We saw it from the insurance side […]
By Adam Malik | July 12, 2021
3 min read
MaryKate Townsend of Pacific Marine Underwriting Managers (PMU) has been named president of The Canadian Association of Managing General Agents (CAMGA), a national trade association representing MGAs in Canada’s property and casualty insurance industry. Michael Lough of Intact Public Entities is chairman of the board. Commenting on her new role as president, Townsend said she […]
By Jason Contant | July 12, 2021
2 min read
TORONTO – Companies looking to purchase insurance against cyberattacks in which their data is held for ransom will soon find it more expensive and difficult to obtain, according to a cybersecurity expert. Brent Arnold, a partner at law firm Gowlings WLG in Toronto, said Canada is facing a proliferation of criminal attacks that use software […]
IBAO's CEO provides her thoughts about the benefits of flexible work arrangements and how they might benefit brokerages in the future.
By Adam Malik | July 9, 2021
COQUITLAM, B.C. — British Columbia Premier John Horgan says he will lobby Prime Minister Justin Trudeau to deploy Canada’s military to help clear fire danger zones to prevent future wildfires. Trudeau and Horgan met Thursday with local government and First Nations leaders to discuss the recent wildfire devastation in the village of Lytton and the […]
Virtual meetings during the pandemic have allowed brokers to conduct more structured client meetings with a sharper focus, according to an expert from Aon. Sixteeen months ago, at the onset of the global pandemic, video meetings produced some confusion because everyone was dealing with an unfamiliar situation, Bill Besse, chief client officer, commercial risk solutions […]
By Adam Malik | July 8, 2021
Westland Insurance acquires two digital brokerages to beef up its tech offerings to brokers, homeowners and renters
By David Gambrill | July 8, 2021
The top public health official in Ontario’s Niagara Region says he wants the U.S.-Canada border to stay closed until the fall even as local business leaders and politicians call for the opposite to support the area’s tourism-reliant economy. Dr. Mustafa Hirji said the risk of reopening the border this summer is too great, especially with […]
James Russell, a former senior executive with The Dominion of Canada General Insurance Company and Aviva Canada, is now leading The Toronto-Dominion Bank’s property and casualty insurers. Russell’s appointment results from a re-assignment of several TD senior managers. Russell has replaced Raymond Chun as CEO of Security National Insurance Company, TD Direct Insurance Inc., TD […]
By Greg Meckbach | July 7, 2021
Now that the global pandemic has expedited the use of artificial intelligence in auto insurance claims processing, carriers are left with a simple choice, according to one industry AI expert — invest or be left behind. The promise of processing claims through AI has been some time in the making, said Olivier Baudoux, senior vice […]
By Adam Malik | July 7, 2021
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