Operations
A high rate of mergers and acquisitions for Canadian insurance brokerages means brokers need to get creative about staying independent
By Phil Porado | July 25, 2022
3 min read
Facility Association (FA) is launching a video-enabled telematics program for Ontario taxi drivers, and it may see participants earn their way back to the standard market. The program, effective Dec. 1, 2022, is meant to help drivers improve their driving and correct bad habits. “Enrollment in the telematics program would qualify participants to an incentive […]
By Alyssa DiSabatino | July 22, 2022
2 min read
Farmers across Canada are being buffeted by a mix of drought conditions and hail damage in June and July, but insurers may be able to increase farmers’ risk management through drought and hail outlooks, experts explain. Southern Ontario farmers are experiencing abnormally dry conditions, while farmers in southern parts of Saskatchewan and Alberta are […]
By Alyssa DiSabatino | July 20, 2022
HR
The Canadian Association of Black Insurance Professionals is looking to empower and bridge the gap of opportunities for Black insurance professionals. “The mission was derived collectively from our own lived experience growing up in this industry,” says co-founder Dionne Bowers. “What we may not have had in the industry when we first started out, […]
By Alyssa DiSabatino | July 14, 2022
Massive flight delays and cancellations will result in a hard market and unprofitability for travel insurers, predicts DBRS Morningstar.
By Alyssa DiSabatino | July 13, 2022
Brokers are challenged by the hard market and the pandemic but still say they love what they're doing to help clients.
By Phil Porado | July 12, 2022
Despite Interac payment systems and phone lines being down, most businesses will not have insurance coverage for any type of income loss as a result of the national Rogers outage on Friday, says one insurance expert. The outage, which affected mobile and internet users, was reportedly caused by a maintenance update. The outage prevented […]
By Alyssa DiSabatino | July 11, 2022
The hard market for insurance coverage is compounded by a thin selection of new, young talent a new survey finds.
By Phil Porado | July 4, 2022
COVID-19 and the hard market combined to make it much harder for insurance brokers to find new customers and get referrals.
By Phil Porado | June 30, 2022
Building relationships across the industry and offering consistency can help brokers overcome a slew of future challenges, including quickening market consolidation, an impending recession, diminished capacity and the hard market, say broker executives. “In order to be able to meet head-on some of the challenges around capacity [and] consolidation of carriers, keep driving [and] building […]
By Alyssa DiSabatino | June 28, 2022
We use cookies to make your website experience better. By accepting this notice and continuing to browse our website you confirm you accept our Terms of Use & Privacy Policy.
