Industry
The Insurance Brokers Association of Canada (IBAC) has announced that Portage La Prairie Mutual Insurance has maintained its support of the Broker Identity Program at the Full Partner level. Launched 24 years ago, Broker Identity Program a branding campaign for over 35,000 insurance brokers. The program’s centrepiece is the BIP symbol known as the BIPPER, which […]
By Canadian Underwriter | March 4, 2013
1 min read
A decision by a major underwriter to stop offering commercial auto insurance to some taxi drivers in Ontario, and concern from cabbies about rising premiums, has prompted the Insurance Bureau of Canada to discuss the matter with the Financial Services Commission of Ontario and to survey carriers. Ontario Finance Minister Charles Sousa is also promising […]
2 min read
Macdonald Chisholm Trask Insurance, one of the largest independent brokerages in the Atlantic Canada region has purchased Homburg Insurance Company Ltd. through the acquisition of all the outstanding shares from Homburg International Ltd. for an undisclosed amount. The transaction closed March 1. Homburg is an insurance brokerage with offices in Halifax and Truro, N.S. where it operates under […]
National Brokers Insurance Services Inc. announced Friday it has aquired Grant, Jones & Stuart Insurance Brokers Inc., a family owned and operated company formed in 1987. Grant, Jones & Stuart will now operate as a division of Mississauga, Ont.-based National Brokers Insurance Services while remaining in its current office in Markham, Ont. National Brokers Insurance […]
By Canadian Underwriter | March 1, 2013
U.S. property and casualty insurers surveyed by Accenture are expected to spend US$17.5 million, on average, over the next three years to upgrade and modernize their claims functions. New York City-based Accenture’s 2012 North American Claims Investment Survey is based on phone interviews with 50 C-level claims executives in March and April 2012. Each respondent […]
3 min read
The president of a Canadian brokerage is among the recipients of the Enterprising Women of the Year Award for 2013, an award that recognizes excellence among women entrepreneurs. Joyce Usher-Mesiano, president of National Brokers Insurance Services Inc. and Monarch Intermediaries Inc. is among the winners of the award, presented by Enterprising Women, a U.S. publication […]
The Insurance Brokers Association of Ontario is developing and deploying educational training for brokers throughout the province with the iClarify online tool. The training will focus on the service’s methodology and how it can be used to reduce time with questions typically unknown to homeowners’ insurance consumers, and reduce costs while increasing credibility and profit […]
The CIP Society has announced that nominations are open for its 2013 National Leadership Awards for the property and casualty industry. Nominations for the awards, which recognize excellence in the industry, will be accepted between March 1 and June 1. Nominations can be made in two categories: Established Leader and Emerging Leader. In 2012, the […]
The Insurance Bureau of Canada is meeting with Ontario NDP leader Andrea Horwath Friday to discuss auto insurance rates in the province, after several public clashes in opinion. Horwath and her party have said they want a 15% reduction in auto insurance premiums in the province by March of next year, asking the Liberal government […]
The latest demographic analysis from the Insurance Institute of Canada offers, by turns, good news and not-so-good news. However, lower-than-anticipated retirements mean recruitment and retention will need to increase substantially in future.
By Insurance Institute of Canada | February 28, 2013
5 min read
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.
