Operations
Personal lines is still characterized by the hard market, with both personal auto and property rates showing mid single-digit increases.
By Alyssa DiSabatino | March 13, 2023
2 min read
The market for directors and officers insurance coverage has been softening since late last year, but a recession could change everything.
By Phil Porado | March 8, 2023
How an insurance tech association in Canada is working to improve how brokers and insurers interprets data standards
By Phil Porado | March 6, 2023
3 min read
Westland Insurance has added to its entertainment team with the acquisition of Vancouver-based music insurance brokerage Shephard Ashmore Insurance Inc. The music insurance brokerage for more than 40 years pioneered music insurance programs for independent artists in the late 1970s, Westland said in a press release Mar. 1 announcing the deal. Shephard Ashmore provides insurance […]
By Jason Contant | March 6, 2023
An economic recession in Canada is not likely to dampen M&A activity in the P&C insurance brokerage sector in 2023, one M&A expert predicts.
By David Gambrill | March 3, 2023
When converting a traditional insurance brokerage to digital, focus on the costs that generate new revenue to avoid breaking the bank
By Phil Porado | March 1, 2023
Gore Mutual Insurance company expects to be able to operate at a combined ratio in the range of 95% to 97% going forward into 2023.
By David Gambrill | February 28, 2023
It's possible to add digital customer service features to a traditional insurance brokerage without spending too much
By Phil Porado | February 28, 2023
Brokers and insurers should allow 5-13 days before seeking customer reviews of their products and services.
By David Gambrill | February 27, 2023
HR
It used to be easy to reach clients with emails but that's changing. In response, insurance brokers should try sending text messages.
By Phil Porado | February 22, 2023
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