Industry
One day insureds will be clicking buttons to purchase, review, store, change, obtain advice or endorsements, and text and/or instant message service representatives about their policies.
By David Gambrill, Editor | November 30, 2010
3 min read
BANKS TAKE LONG-TERM VIEW ON LOBBYING FOR RIGHT TO SELL, MARKET INSURANCE Banks are predictably lobbying the federal government during the 2012 Bank Act review to lift restrictions preventing banks from marketing and selling insurance products in their branches. But a recent Canadian Bankers Association (CBA) submission suggests banks see this more of a long-term […]
November 30, 2010
2 min read
The Insurance Community 3rd Annual Wish Upon a Star Charity Golf Tournament was held in support of the Starlight Children’s Foundation on Oct. 6 at Deer Creek Golf and Country Club. Generous golfers at the sold-out event teed up to help make a difference in the life of children. Tournament organizers presented more than $46,500 […]
1 min read
Crawford & Company (Canada) Inc. employees participated in their 2nd annual Global Day of Service on Oct. 2. Crawford employees from around the world volunteer for a charitable cause of their choice on Crawford’s Global Day of Service. This year, more than 1,200 Crawford employees, family members and friends around the world participated in more […]
Ted Bellinger, vice president of business development at ENCON Group Inc., cycled from Vancouver to Halifax between Sept. 9 and 23 to raise funds for the Sears National Kids Cancer Ride (SNKCR). Bellinger personally raised more than $44,000 “to help children live with and beyond cancer” (fundraising continues at www.snkcr.com/tedbellinger). The 2010 ride team of […]
More than 75 exhibitors were showcased at the Insurance Brokers Association of Ontario (IBAO)’s 90th Annual Convention and Exhibition in Niagara Falls on Oct. 20-21. See all photos from this event at www.canadianunderwriter.ca/gallery
Insurance Brokers Association of Ontario (IBAO) held its 90th Annual Convention and Exhibition in Niagara Falls on Oct. 20-22. The event included: 1) CEO Panel: (from left) Evan Solomon, moderator and CBC journalist; Jean-Francois Blais, president and CEO of Axa Canada; Louis Gagnon, president of Intact; Maurice Tulloch, president and CEO and Aviva Canada; Kevin […]
WICC Ontario Chapter held its annual Breakfast for Cancer on Nov. 3 at the Arcadian Court in Toronto. The sold-out event had more than 450 insurance industry supporters in attendance. They heard the personal and courageous story of ovarian cancer survivor and speaker Cynthia Bradburn. Despite her obstetrician/gynecologist’s belief that her rash of symptoms was […]
Aon has launched water resilience insurance for water utilities across the globe. The insurance provides compensation in the event of malicious water tampering, accidental contamination and extortion. It also takes into account real-life scenarios not typically covered, such as costs involved when “boil notice” or “avoid consumption notice” have to be issued.Additionally, the coverage addresses […]
By Canadian Underwriter | November 30, 2010
The cost to the global insurance industry from natural catastrophes and man-made disasters was $36 billion in 2010, according to Swiss Re. This is an increase of 34% over $27 billion in overall insured losses in 2009. Natural catastrophes accounted for roughly $31 billion of the total, with man-made disasters triggering the other $5 billion, […]
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