News

Do virtual insurers dream of electric premiums?

Tomorrow’s insurers may become virtual companies that interact electronically with customers, while driving down costs and improving speed to market, a leading business futurist predicted at the opening of the U.S. Insurance Services Office Inc.’s (ISO) InsTech98 Conference. Dr. Bill Bruck, futurist and author, made this and other predictions about new technologies that will reshape […]

December 31, 1998

2 min read

GA & Vector strike pact

Listed broker-network Vector Intermediaries Inc. has struck a deal with General Accident Group (GA) which could cure the network’s cash woes. The deal, which could inject up to $35 million into Vector’s coffers, includes a $20 million loan facility made available by the insurer. The deal also provides GA with a five-year option to acquire […]

December 31, 1998

2 min read

CBUS targets $250 million premium outflow

Toronto-based Cross Border Underwriting Services Inc (CBUS), a subsidiary of the listed KRG Insurance Group, notched up half a million in premium dollars in its first year of operation. A specialist wholesale brokerage operator, CBUS was created a year ago to provide Canadian brokers with a means of servicing their clients with offshore exposures. In […]

December 31, 1998

2 min read

News (January 01, 1999)

To celebrate their acquisition of P.D. Brunt & Company Ltd., adjusters Sobel Adamsons Clements Ltd. recently held a one-day workshop, at Toronto’s The Albany Club, hosted by law enforcement consultant Glenn Foster. A former homicide detective and author of “How Can I Ge Through To You”, Foster is an expert on the art of investigation […]

December 31, 1998

2 min read