HR
With the number of coronavirus cases increasing in Canada and “coronavirus anxiety” now a reality, there are some strategies insurance professionals can take to ensure their teams continue to collaborate effectively and maintain momentum in the business. Among those strategies is to spell out goals and roles, emphasize personal interactions and to normalize new work […]
By Jason Contant | March 6, 2020
3 min read
The biggest obstacles to creating data-based businesses aren’t technical, they’re cultural, said David Waller, a partner and head of data science and analytics for Oliver Wyman Labs. “It is simple enough to describe how to inject data into a decision-making process,” Waller wrote in 10 Steps to Creating a Data-Driven Culture, a blog published on […]
By Jason Contant | February 14, 2020
Canadian insurance professionals want to learn how to be innovative, and they are enlisting the help of a Canadian-based open innovation centre to explore the new frontier of design thinking. “Design thinking revolves around a deep interest in developing an understanding of the people for whom we’re designing the products or services,” as defined by […]
By Jason Contant | February 3, 2020
2 min read
It’s no secret that there is a war for talent in Canada’s property and casualty insurance industry. But before you look outside your brokerage or insurance company for talent, take a look inside, advises Tomas Chamorro-Premuzic, the chief talent scientist at workforce solutions company ManpowerGroup and Jonathan Kirschner, a business psychologist and founder and CEO […]
By Jason Contant | January 17, 2020
More risk managers need to find themselves at the highest levels of their companies. But positions in the C-suite aren’t going to just be given away, which is why certification is going to be a major focus for the new president of the Risk and Insurance Management Society (RIMS) over the next year. “We need […]
By Adam Malik | January 10, 2020
RIMS Canada got a pat on the back recently, as the Risk and Insurance Management Society (RIMS) looks to fortify its ranks around the world, according to the group’s 2020 president. Laura Langone spoke with Canadian Underwriter in her first interview since moving into the role on Jan. 1. She applauded the Canadian division of […]
By Adam Malik | January 8, 2020
We’ve all seen those “best companies to work for” lists (and perhaps even longingly wished we worked for one of them). What does it take to be one of those companies? While there is no one formula that can capture the idiosyncrasies of these companies and the telling ways they motive employees, there are some […]
By Jason Contant | December 19, 2019
4 min read
If you find yourself exhausted at the end of the day at your brokerage and yet feeling like you didn’t actually accomplish anything, you’re not alone. It’s likely because you’re distracted, either by others or yourself. “Constant distraction leaves a trail of scattered thoughts and partly-done tasks in its wake,” said Maura Thomas, an award-winning […]
By Jason Contant | December 12, 2019
Brokers are finding they have to educate themselves more on the legal and technical side of cyber rather than on the cyber insurance policy itself, a speaker said recently at Insurance Bureau of Canada’s Commercial Insurance Symposium. “What we’ve noticed is we’ve really had to take on more of an advisory and consulting role around […]
By Jason Contant | December 11, 2019
Commercial brokerages are looking at non-traditional approaches, particularly around technology, to attract and build producer talent, speakers said Thursday at Insurance Bureau of Canada’s inaugural Commercial Insurance Symposium in Toronto. “We’re seeing some commercial brokerages put increasing emphasis on [non-traditional approaches] and getting more digital-savvy and plugging into different ecosystems than they traditionally would to […]
By Jason Contant | November 29, 2019
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