Operations
One industry professional with a reinsurance background is really not surprised by the announcement yesterday by Aon plc that it intends to acquire Willis Towers Watson for $30 billion in stock. “I think the writing has been on the wall for some time – even prior to the rumoured acquisition of Willis by Aon of […]
By Jason Contant | March 10, 2020
3 min read
Tech
How data, strategy and technology can help you drive growth from your existing cutomer base during a hard market
By Robyn Croll, VP, Goose Digital | March 9, 2020
4 min read
HR
Yes, it is possible for a woman to be a senior executive in the insurance industry and successfully raise a family with young children. Women all make their own individual choices about the best way to raise their young families, five senior industry execs said at a recent event celebrating International Women’s Day. But one […]
By David Gambrill | March 9, 2020
5 min read
Global brokerage Aon plc announced Monday it intends to acquire Willis Towers Watson for reportedly nearly $30 billion in an all-stock transaction. “This combination will create a more innovative platform capable of delivering better outcomes for all stakeholders, including clients, colleagues, partners and investors,” said Aon CEO Greg Case. “Our world-class expertise across risk, retirement and health […]
By Jason Contant | March 9, 2020
2 min read
After a bit of a lull in M&A announcements in the Canadian property and casualty space since the beginning of the year, it looks like the market for P&C brokerages and employee benefits solutions remains strong. Deals seem to be announced around the beginning of the month. There were a handful of transactions at the […]
By Jason Contant | March 6, 2020
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 […]
OTTAWA – Canada and the United States are working together to make their high-tech military equipment less hackable, top defence officials said in Ottawa Thursday, but they have a lot of work to do. Speaking to the Ottawa Conference on Security and Defence, Ellen Lord, the U.S. undersecretary of defence for acquisition and sustainment, suggested […]
The convergence of healthcare and technology could have a knock-on effect for the Canadian property and casualty insurance industry, a specialty insurer said recently. “For healthcare providers, they can largely model what the risks have been for the last 100 years because they haven’t changed,” Tim Boyce, healthcare team leader with London, U.K.-based CFC Underwriting […]
By Jason Contant | March 5, 2020
Recent advances in cybersecurity, driven in part by a spike in venture capital funding, are helping insurers price cyber more accurately, an insurance industry consultant suggests. “There is a huge advancement around the use of artificial intelligence and advanced analytics techniques to better identify, detect, and prevent cyber intrusions,” said Keegan Iles, national insurance consulting […]
By Greg Meckbach | March 4, 2020
Brokers who can best balance online distribution with personal advice will reap the benefits in the current merger and acquisition (M&A) environment, a brokerage M&A expert noted recently. “In Canada, brokers have generally been successful in defending against pure direct insurance distribution models,” Mike Berris, a partner with Vancouver-based Smythe Advisory, wrote in a blog […]
By Jason Contant | March 4, 2020
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