Industry
The Ontario insurance market’s growing demand for bilingual loss adjusting services on large and complex losses in Quebec has prompted Charles Taylor Adjusting (CTA) to open a satellite office in Montreal. Operating as a satellite to CTA’s Toronto office, the new office “will enable CTA to offer a loss adjusting service in Quebec on risks […]
By Canadian Underwriter | June 2, 2015
2 min read
Global insurance brokerage HUB International Limited (HUB) announced on Tuesday that it has acquired the shares of Gamble & Associates Insurance Limited (Gamble), which will become part of the operations of HUB International Ontario (HUB Ontario). Barry Hogan, president of Gamble, will join HUB Ontario as president of the new HUB Gamble division and will […]
Of the 18 publicly traded worldwide reinsurers (including the four top European players), only one had negative performance during the first quarter of 2015 and only two performed worse than the overall market, ratings firm A.M. Best Company said in a Best’s Special Report last week. For publicly traded reinsurance companies, including Swiss Re, Munich […]
By Canadian Underwriter | June 1, 2015
3 min read
Police will be watching for new drivers not following restrictions outlined in the Graduated Driver’s Licensing (GDL) and Motorcycle Graduated Driver’s Licensing (MGDL) programs throughout the month of June. All new drivers, regardless of age, must successfully complete the applicable GDL program, before they graduate to an experienced licence, Saskatchewan Government Insurance said in a […]
Willis Group Holdings plc announced Monday it has completed a transaction, originally announced last January, whereby Willis and Miller Insurance Services LLP will combine their wholesale businesses to form a separate brokerage, offering commercial insurance from the Lloyd’s market. “Following receipt of all necessary regulatory approvals,” Willis “has completed its investment” in London-based Miller, Willis […]
Deloitte Consulting LLP and Gigwalk have formed an alliance that will enable real-time collection of data to support immediate and actionable analytics data regarding key activities in the value chains of client companies. By leveraging new innovative techniques, such as crowdsourcing, the alliance means Deloitte and Gigwalk will be able to provide client companies with […]
LUSSIER Insurance Firm, a Quebec private and independent insurance and financial services brokerage firm, has merged with insurance brokerage Dale Parizeau Morris Mackenzie to form Lussier Dale Parizeau, Insurance Brokerage and Financial Services Firm. “Now Quebec’s largest private and independent financial services firm, Lussier Dale Parizeau inherits the strength and experience of these two century-old […]
How can the tremendous amounts of data generated in the insurance industry be used to enhance broker operations and profitability? Business intelligence solutions have become a necessity for companies of all sizes, industries and verticals to be highly competitive in today's marketplace.
By Jeff Purdy, Senior Vice President of International Operations, Applied Systems|Jeff Purdy, Senior Vice President of International Operations, Applied Systems | May 31, 2015
6 min read
Digital technology is poised to transform the property and casualty insurance industry both here at home and abroad. Canadian carriers that take steps today to address trends will move from having a digital consumer strategy to having an overall business strategy that is digital.
By Lorraine Thompson, Canadian Lead, Insurance Practice, Canada, Accenture|Lorraine Thompson, Canadian Lead, Insurance Practice, Canada, Accenture | May 31, 2015
Canada's economy, like others around the world, is facing rapid advances in technology. The incredible disruptive potential of these changes - including, but not limited to, artificial intelligence, advanced robotics, networks, advanced manufacturing and collaborative connected platforms - clearly demonstrate the need to be prepared.
By Terry Stuart, Chief Innovation Officer, Deloitte Canada|Terry Stuart, Chief Innovation Officer, Deloitte Canada | May 31, 2015
5 min read
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