Executive Outlook
Auto theft will continue to be a challenge and more markets will roll out coverage/surcharge and anti-theft options.
By Phil Porado | December 21, 2023
2 min read
The best indication of factors that will shape the 2024 Canadian P&C insurance landscape lies in today’s headlines.
By David Gambrill | December 21, 2023
Commercial market are stabilizing on property, and softening on casualty and executive lines, based on industry and client risk exposures.
By Phil Porado | December 20, 2023
In 2024, we need to accelerate efforts to shape customer behaviours and the market to mitigate the perils emerging from climate change.
Our clients and our industry suffered losses of more than $1 billion due to auto fraud in 2022, which is worsening in 2023.
The impact of catastrophes on personal property and ongoing deterioration of the auto portfolio will drive rate and underwriting actions
To provide the best customer service, we need to equip our people with the tools they need to do their job to the best of their ability
By Phil Porado | December 19, 2023
As AI tools prove their value, underwriting efficiencies could improve service levels and reduce burnout of underwriters and support staff
Forward-looking organizations are preparing risk management strategies to harness the powers of an emerging category of risk controls
Cyber will continue to make a lot of noise, but it will be less alarming due to increased awareness, continued education, risk mitigation
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