Operations
A new network provides strategic support for new producers, as well as established brokerage owners looking to launch or grow their business.
By Alyssa DiSabatino | November 26, 2024
2 min read
M&A
SCM Insurance Services has acquired MBC Group, a specialty engineering firm.
By Alyssa DiSabatino | November 18, 2024
1 min read
Navacord brokerage Jones Deslauriers Insurance has acquired Vita Assure, marking its first move into Quebec’s benefits insurance sector.
By Alyssa DiSabatino | November 13, 2024
Trump is expected to be sworn in as U.S. president in January 2024. How will his tariffs affect Canada's P&C commercial insurance brokers?
By David Gambrill | November 12, 2024
4 min read
Tech
Technology will affect every aspect of the insurance business but most insurtechs will probably fail, suggests Hank Greenberg, who led American International Group for nearly 40 years. C.V. Starr & Co. Inc. makes investments in insurtech companies, said Greenberg, Starr’s 94-year-old chairman and CEO, during an October, 2019 interview with A.M. Best TV. “About 15 […]
By Greg Meckbach | October 30, 2024
There’s no single reason why rates in property and auto are on the rise, but falling behind on trends will only trap your brokerage farther in the past, an actuary warned. Deb Upton, senior director of actuarial services with Gore Mutual, explained the confluence of factors – ranging from inflation to regulation to data – […]
By Adam Malik | October 30, 2024
3 min read
Taking Flight Planning to use drone technology? 3 considerations that will help your ROI to take off For insurers, using drone tech is a positive way to increase employee safety, reduce cycle times in the claims process, decrease costs, delight customers and, ultimately, improve their combined ratio. Being relatively new, however, the technology requires […]
Real-time exchange of data between insurers and brokers is more often than not top of mind for brokers belonging to the Toronto Insurance Council (TIC), known until recently as the Toronto Insurance Conference, TIC’s president suggests. TIC adopted its new moniker to “reflect the current makeup” the commercial broker’s organization, TIC president Rael Levy told […]
Learning new technology can wear away at a broker’s time and energy, which is already stretched thin by their work.
By Alyssa DiSabatino | October 28, 2024
Insurance is among the best places for recent high school graduates to advance their careers. But how will the industry attract them?
By Alyssa DiSabatino | October 6, 2024
5 min read
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