Tech
Pat Durepos, a well-known Canadian broker in the insurance tech space, is a key figure in a management buyout at Hubio Exchange, the Canadian division of Hubio Exchange has announced. Hubio Exchange has provided industry tech solutions to Canadian insurers for more than 15 years. It is currently working on developing accelerator solutions to facilitate […]
By Canadian Underwriter | January 2, 2018
2 min read
HR
As chair of the board of the Insurance Institute of Canada (IIC), I see graduating insurance professionals who are educated, committed, and inspiring. Their sacrifice and determination in completing their Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations inspires us and we can have confidence that the future of our industry is […]
Most people in the industry anticipate a hardening of the market in 2018, the aftermath of an historic year of natural catastrophes. Some of the first signs of rising rates in the Canadian P&C industry are already starting to emerge. While the market cycle gives the industry much to talk about, it should not distract […]
MONTREAL – Once thought of as a distant fantasy, autonomous trucks are moving towards commercial reality on Canadian highways as companies look to boost productivity amid a driver shortage and governments seek to reduce deadly crashes. They are not yet driving themselves out of warehouses and down the highways, but companies of all sizes – […]
By Jason Contant | January 2, 2018
4 min read
New CEO for Manitoba Public Insurance The Government of Manitoba has announced that Benjamin Graham will become the new president and CEO of Manitoba Public Insurance (MPI), effective Feb. 1, 2018. Manitoba Premier Brian Pallister made the announcement in a press release on Dec. 15. Graham brings nearly 15 years of senior leadership to his […]
By Canadian Underwriter | December 21, 2017
3 min read
Dalton Timmis Insurance Group’s technological capabilities and its “unique abilities” in motorcycle and transportation insurance were among the factors that made it an ideal acquisition target for U.S. brokerage NFP Corp., the president of NFP in Canada said Wednesday. Marty Shaw told Canadian Underwriter that NFP’s strategic acquisition is the first Canadian P&C acquisition for […]
By Jason Contant | December 21, 2017
An Ontario-based property inspection and analysis company will soon publicly launch a product that could help carriers verify the authenticity of an insured’s photos, files and forms. The Image and Document Upload System (IADUS) uses specific features to help insurance industry professionals (including claims adjusters, brokers and insurers) detect fraud. IADUS, which does not require […]
A new trade forum for managing general agents (MGAs) has been launched in Canada to help address changes in the market. The Canadian Managing General Agents forum (CAMGA) is an attempt to draw MGAs together and will provide an opportunity for discussion and networking, CAMGA membership secretary Gary Hirst told Canadian Underwriter Monday. While similar […]
By Jason Contant | December 19, 2017
MONTREAL – The Canadian Securities Administrators has issued a warning about risks associated with products linked to cryptocurrencies as interest in the space continues to rise. The umbrella organization for Canada’s provincial and territorial securities regulators singled out futures contracts in its warning, noting that while they may be traded on regulated exchanges, their high […]
1 min read
Imagine clients paying you their monthly car insurance payments through social media such as Facebook’s Instant Messenger, Google+ or Apple messaging service. It may not be as far away as you think. The most recent annual study by Payments Canada, delegated by the Canadian government to provide the country’s national payments systems, observes that “social […]
By Canadian Underwriter | December 15, 2017
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