Industry

What’s missing in a purely remote work environment What’s missing in a purely remote work environment Image

Industry

What’s missing in a purely remote work environment

The insurance industry has shown that it can operate successfully in a work-from-home environment, but for any company that wants to see growth, being in the office on a regular basis is essential, P&C insurance executives said during the virtual webinar, Casualty Insights Conference, hosted by Advisen. The panellists ultimately agreed that working from home […]

By Adam Malik | April 13, 2021

3 min read

Small business struggling amid COVID-19 pandemic looks for aid in Liberals’ budget Small business struggling amid COVID-19 pandemic looks for aid in Liberals’ budget Image

Industry

Small business struggling amid COVID-19 pandemic looks for aid in Liberals’ budget

OTTAWA — A group representing thousands of the country’s small businesses says many hope the Trudeau Liberals heed their concerns and reshape aid in the upcoming federal budget to help them survive the COVID-19 pandemic. The Canadian Federation of Independent Business said lockdowns and public-health restrictions hitting non-essential retail stores have stretched some to the […]

By Adam Malik | April 13, 2021

4 min read

Cautionary tale for brokers when payment time quickens Cautionary tale for brokers when payment time quickens Image

Industry

Cautionary tale for brokers when payment time quickens

Since insurance brokers act as intermediaries between client and insurer, the risk of them falling victim to fraud increases as payment turnaround time decreases, says a cyber insurance expert. In fact, brokers “regularly top our list of industries that are most exposed to social engineering scams purely by way of the frequency of fund transfer […]

By Adam Malik | April 12, 2021

3 min read

Households expect return to pre pandemic spending within a year, Bank of Canada says Households expect return to pre pandemic spending within a year, Bank of Canada says Image

Industry

Households expect return to pre pandemic spending within a year, Bank of Canada says

OTTAWA — Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, The Bank of Canada said in a report released Monday. The central bank says the gap between spending and wage expectations has never been so wide in its quarterly survey of consumer expectations. Officials […]

By Adam Malik | April 12, 2021

3 min read