HR
The Toronto Insurance Conference (TIC) is reminding broker members, partners and staff that the deadline to submit applications for the annual TIC Scholarships Program is just around the corner. Up to $15,000 in scholarships will be available as part of the fourth edition of the program, managed by the Insurance Institute of Ontario, notes a […]
By Canadian Underwriter | August 9, 2016
2 min read
National insurance managing general agency Totten Insurance Group announced on Wednesday that it has acquired the shares of Canadian Resources Insurance Solutions, Inc. (CRIS), a Sudbury, Ont. based insurance wholesaler. Terms of the acquisition were not disclosed, but Hub International Limited said in a press release that this strategic acquisition expands the MGA’s footprint in […]
By Canadian Underwriter | August 3, 2016
Lackner McLennan Insurance Ltd. announced on Tuesday that it has acquired Erb and Erb Insurance Brokers Ltd. Waterloo, Ont.-based Lackner McLennan (LMI) said in a press release that the acquisition occurred on Friday. Kitchener, Ont.-based Erb and Erb and Lackner McLennan will continue to operate as their own entities for the “next few years to […]
By Canadian Underwriter | August 2, 2016
Mutual insurers’ share of the overall insurance market increased from 24% of direct premiums written in 2007 to just over 26% in 2014, reversing some of the declines of previous decades, according to Swiss Re’s latest sigma report. Released on Tuesday, Mutual insurance in the 21st century: back to the future? also found that the […]
5 min read
Legal / Regulation
The June referendum in favour of the United Kingdom leaving the European Union is creating volatility and uncertainty for some Canadian risk managers, some experts say. This may be especially true for organizations looking to expand into Europe or whose directors and officers could face liability risk arising from a drop in share price.
By Greg Meckbach, Associate Editor | August 2, 2016
6 min read
Tech
Time will bring more and more data. But to truly understand and reap the benefits, information needs to be properly analyzed. First-movers are expected to realize the biggest advantage and chart their future paths.
By Angela Stelmakowich, Editor; and Jason Contant, Online Editor | August 2, 2016
7 min read
In the digital age, sharing responsibility for automotive recalls among owners, vehicle manufacturers and dealers is important to ensure as timely and effective a response as possible. To make that happen, it may be time to adopt and make mandatory some basic measures in the car ownership process.
By Marcos Garcia Norris, Regional Practice Leader, Crisis Management, North America, Allianz Global Corporate & Specialty | August 1, 2016
Risk management is becoming more about strategy and less about buying insurance and managing hazard risk, Julie Pemberton, RIMS president for 2016, says.
By Greg Meckbach, Associate Editor | August 1, 2016
The Insurance Brokers Association of Ontario (IBAO) has announced the appointment of Colin Simpson as CEO, effective Wednesday. IBAO president Doug Heaman made the announcement on behalf of the association’s executive committee and recruitment committee. Simpson brings more than 15 years’ experience and knowledge of technical industry issues in the insurance field, the IBAO said […]
By Canadian Underwriter | July 28, 2016
The Centre for Study of Insurance Operations (CSIO) announced on Wednesday that Trillium Mutual Insurance Company has become the latest company to obtain CSIO certification for Personal Lines eDocs. When eDocs are used to their full potential, sending, receiving, sorting, scanning and destroying paper is no longer necessary, “saving the industry significant amounts of time […]
By Canadian Underwriter | July 27, 2016
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