Industry
Red light cameras decreased the number of vehicles running red lights by 24%, adding up to 74 fewer fatal red light running crashes, and saving approximately 83 lives, reported the Insurance Institute for Highway Safety (IIHS). The rate of all fatal crashes at intersections with signals – not just red light running crashes – fell […]
By Canadian Underwriter | February 1, 2011
1 min read
No company can afford to exercise the kind of willpower required to break a soft cycle. Walking away from business is counterintuitive in a competitive marketplace.
By David Gambrill, Editor | January 31, 2011
3 min read
The insurance industry often uses the phrase "real time" in discussions about technology, but the term has a different connotation for brokers, who must communicate with multiple carrier systems.
By Brenda Rose, Firstbrook Cassie and Anderson, and Sheldon Wasylenko, Rayner Agencies | January 31, 2011
6 min read
Portal technology has come a long way since its introduction in the early 21st Century. But while portals may now be faster and more user-friendly, the proliferation of them is causing headaches for brokers: it's disruptive to deal with various portals as part of their workflow. Will there ever be a better gateway between brokers and carriers? And will this happen before consumer interaction is added into the mix?
By Craig Harris | January 31, 2011
13 min read
Over the past few years, people have been talking about the need for brokers to embrace the “new” social media. Facebook, Twitter and LinkedIn are rapidly growing services, and we will find a need for them in our industry. But the focus on embracing their offerings may have taken the spotlight off of the need […]
By Scott Andrew, president, CEO, Custom Software Solutions Inc. | January 31, 2011
4 min read
Salute BC presented Brent Atkinson of Atkinson & Terry Insurance Brokers with the Insurance Person of the Year Award on Oct. 28, 2010 at the Pan Pacific Hotel in Vancouver. Barb MacPhail of Hub International Insurance Brokers, TOS Division, received the Rising Star Award. In addition, three post-secondary students received scholarships. Four-hundred and fifty insurance […]
January 31, 2011
The Insurance Institute of Ontario held its 112th Annual Convocation & Awards Night on Jan. 20 at the Metro Toronto Convention Centre. Carlos Rodrigues, president of the Insurance Institute of Ontario, served as the master of ceremonies. François Faucher, chairman of The Insurance Institute of Canada, addressed more than 400 Chartered Insurance Professional (CIP) and […]
The Portuguese Insurance Professionals Association (PIPA) held its annual Christmas luncheon on Dec 8, 2010. PIPA members and guests enjoyed fine fare at Lisboa a Noite Restaurant in Toronto. PIPA’s mandate is to foster and promote professionalism by providing an outlet to develop and solidify networking opportunities and relationships in the insurance industry.
Insurance-related business processes – including supplemental estimates and parts procurement – are extending repair times and driving up operating costs for Manitoba’s collision repair industry, according to the January 2010 Manitoba Collision Repair Industry Study.Meyers Norris Penny, an accounting firm, prepared the report for Manitoba Public Insurance, the Automotive Trades Association of Manitoba and the […]
By Canadian Underwriter | January 31, 2011
2 min read
Crawford & Company (Canada) Inc. and The North Waterloo Farmers Mutual have launched Crawford’s Contractor Connection program at North Waterloo. Contractor Connection provides insurers with a managed repair network for residential and commercial property claims programs in the Canadian insurance marketplace.The program provides indemnity management. All facets of the repair are tracked and managed in […]
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