Operations
MONTREAL – An Indigenous Quebec man who was denied car insurance because he lived on a reserve was the victim of race discrimination, the province’s human rights commission concluded in a recent decision. Alexis Wawanoloath, a lawyer and ex-Parti Quebecois member of the legislature, told a news conference Thursday he welcomed the decision stemming from […]
By Alyssa DiSabatino | November 4, 2022
3 min read
HR
Most employers don’t really understand what motivates their salespeople, which may cause their top producers to seek work elsewhere.
By David Gambrill | November 3, 2022
Companies that don’t employ, at the very least, a hybrid work option, can expect an increase in employee turnover. “And what that means is losing talented employees to other organizations,” said hybrid work expert Hassan Osman at the Insurance Brokers Association of Ontario (IBAO) Convention in Toronto. “During the pandemic, a lot of people have […]
By Alyssa DiSabatino | November 2, 2022
Collectivfide Insurance Group has closed the acquisition of majority stakes in two Ontario-based brokerages.
By Jason Contant | November 1, 2022
2 min read
Market conditions remain complex but are stabilizing as the industry approaches its last quarter this year, Aon’s 2022 Canadian Insurance Market Report found. Increased competition, along with positive underwriting results and loss activity, marks a transition from significantly challenged market results toward profitable growth. Signs of growth or improvement are showing across commercial property, casualty, […]
By Alyssa DiSabatino | November 1, 2022
Personalized service is what consumers across Ontario most value in their relationships with P&C brokers, with broker expertise coming in second, found a market research expert speaking at the recent Insurance Brokers Association of Ontario (IBAO) Convention. On the other hand, brokers rank themselves highly for their personalized service and rates, said Erin Kelly, CEO […]
By Alyssa DiSabatino | October 31, 2022
4 min read
Canadian commercial P&C brokerages buying wealth management, retirement planning and benefits firms want cross-selling opportunities
By Phil Porado | October 28, 2022
When P&C brokerages buy advisories that sell wealth management, retirement planning and benefits products, they also get talented employees
By Phil Porado | October 27, 2022
People looking to buy or sell insurance brokerages must ensure the company is properly valued to ensure correct financing terms
By Phil Porado | October 26, 2022
Given highly-valued brokerages and plenty of willing private equity acquirers, a capital-agnostic view of brokerage ownership is taking hold.
By David Gambrill | October 25, 2022
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