Industry
A United States-based national wholesale insurance broker has acquired Strategic Underwriting Managers, Inc. (SUM), a Canadian managing general agency for property, casualty and other specialty insurance products. Boston-headquartered wholesale broker, program manager, and insurance aggregator One80 Intermediaries announced the acquisition Tuesday. The move expands One80’s footprint into the Canadian insurance market. With offices in Toronto […]
By Jason Contant | August 11, 2020
3 min read
Industry veteran Normand Lafreniere, president of the Canadian Association of Mutual Insurance Companies (CAMIC), is now officially retired. In a LinkedIn post Wednesday, Lafreniere said he will continue as a consultant for CAMIC over the next few weeks, pending the arrival and onboarding of the new CAMIC president. The association’s board of directors is expected […]
By Jason Contant | August 10, 2020
2 min read
Andy Taylor, Gore Mutual Insurance Company’s newly-minted president and CEO, reveals the soft skills required for a successful business transformation — and how to find them. – As told to Greg Meckbach To recruit talent capable of shepherding a major business transformation, Gore Mutual is getting the word out about its ongoing changes while […]
By Greg Meckbach, Associate Editor | August 10, 2020
Brokerage principals shouldn’t be rigid when it comes to dealing with employees who are skeptical about returning to the office and decide to extend or take a leave, an employment lawyer advised. A key observation management needs to make about their business — and can also stress to their clients — is that re-opening means […]
By Adam Malik | August 7, 2020
Canadian construction and real estate development companies appear to be hurting the most during the pandemic, according to bankruptcy records kept by the federal government. Twenty-seven Canadian companies have been granted creditor protection since the novel coronavirus was declared a pandemic in March, according to the online records of the Office of the Superintendent of […]
By David Gambrill | August 7, 2020
The central and Pacific coast of British Columbia could see an increased risk of wildfires this year, a new report predicts. And COVID-19 restrictions could make the risk higher, Allianz Global Corporate & Specialty warned in its 2020 Wildfire Report, Future Fires: Weathering The Fire Storm. “Areas of western Canada are already experiencing frequent and […]
TORONTO – The mayor of Toronto is calling for a speedy investigation into the cause of a crane collapse in the city’s downtown — the second such incident in less than a month. Toronto Mayor John Tory says that while he’s thankful nobody was seriously injured in either incident, it’s important that investigators get to […]
1 min read
Business interruption has become a touchy and even confusing topic for some of our clients, but it’s on us as brokers to ensure they properly understand the scope of its coverage. Business interruption will continue to be an important coverage for clients, even if it has come under some fire during the pandemic due to […]
By Adam Malik | August 6, 2020
4 min read
The COVID-19 pandemic has changed the way Intact Financial Corp. offers digital services and some of these changes could be permanent. Since several provinces imposed lockdown measures in March after the World Health Organization declared COVID-19 a pandemic, Intact has seen “a very sharp increase in the takeup rates” of some digital services for clients, […]
By Greg Meckbach | August 6, 2020
OTTAWA — A new report says provincial governments are not moving fast enough to protect homes and other buildings from the ravages of flooding. The report from the Intact Centre on Climate Adaptation at the University of Waterloo says on average provincial governments get a grade of C for flood preparedness. Centre chair Blair Feltmate […]
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
